At this SBI branch, it takes Rs 10 millions to open an account

Ten million rupees and an invitation from the bank is the requirement to open an account in a bank that was opened recently in Hyderabad. Inaugurated on September 2, Kohinoor Premium Banking Centre is first of its kind branch of the government owned State Bank of India. Srinivasa Panigrahi, Chief Manager of SBI explained some other salient features of this unique bank on Thursday. As on date, the bank has 50 account holders and is expecting another 150 more to join by the end of the financial year.