SBH to make a/c opening simpler

Opening an account with State Bank of Hyderabad branches in the twin cities will be made easier soon. A customer can complete opening of an account within 10 minutes along with an ATM card and cheque book. The bank is in the process of setting up a Liability Centralised Processing Centre (LCPC) to facilitate ‘fast-paced account opening’ for customers in Hyderabad and Secunderabad, Mr R.P. Sinha, Chief General Manger, SBH, said. A customer will be given a temporary ATM card, a booklet of 10 cheques and Pass Book within ten minutes, once LCPC becomes operational,” Mr Sinha said. Within 10 days, a personalised ATM card and cheque book would be sent to the customer. The centre would be opened before December 31. The initiative is a part of the bank’s efforts to mobilise current accounts and savings accounts, he added.