Service Charges
Note:
- The disbursement of loan proceeds by means of A/C Payee P.O. does not attract any charges.
- Remittances above Rs.49999/- is effected by debit to the Account only.
- Transfer of funds on maturity of the term deposit as well as periodical interest of the deposit is allowed to be remitted at par.
- In addition to above charges Service tax applicable as per rules
Returning Charges
Bill Cheque Return Charges
Inward & Outward Clearing Cheque Return Charges Rs.100/- Per Instrument
Note:
- When a cheque is returned for financial reasons, the charges are levied to the drawer by the drawee branch.
- In addition to above charges Service tax applicable as per rules
Commission on Guarantees
- 100/- Plus 2.00% P.A from regular customers who are availing CC Limit and Term Loan.
- 100/- Plus 3.00% P.A in other cases
Note:
- At the time of renewal of said Guarantee, commission @2.00% P.A is charged on the amount of guarantee issued.
- In addition to above charges Service tax applicable as per rules
Ledger Folio Charges
Current Deposit Accounts
Rs.40/- Per Folio
Note:-
- . For accounts maintained on computers, 40 entries or thereof to be treated as one folio.
- . In addition to above charges Service tax applicable as per rules
Borrowal Accounts (Cash Credit / Secured Overdraft Accounts)
Rs.40/- Per Folio
Note:-
. For accounts maintained on computers, 40 entries or thereof to be treated as one folio.
. In addition to above charges Service tax applicable as per rules
Account Closure Charges
Closure of Account Charges within One Year from the Date of Opening of Account
- Saving Account Rs.100/-
- Current Account Rs.300/-
Note:
. No charges shall be levied in case account is closed owing to death of the account holder.
. In addition to above charges Service tax applicable as per rules
Other Service Charges:
(1) Rent on Lockers
- Rent on Lockers for Clients For TYPE 1 (Small) : Rs.650/-
- Rent on Lockers for Clients For TYPE 2 (Medium) : Rs.1,550/-
- Rent on Lockers for Clients For TYPE 3 (Large) : Rs.3,500/-
- Rent on Lockers for Clients For TYPE 4 (Extra Large) : Rs.5,000/-
- Rent on Lockers for Clients For TYPE 5 (Big) : Rs.6,500/-
(2) Stop Payment Instructions
- Rs. 50/- per instrument for all types of accounts .
- Rs. 50/- per document for stop payment of Demand Draft.
(3) Duplicate Statements / Pass Books
- Computerised Branches : Rs.50/- per pass book at computerized branches recording latest outstanding balances only. Charges for previous entries, if required, @ Rs. 40/- per ledger page or part thereof. (For accounts maintained on computer 40 entries or part thereof to be treated as one ledger page).
(4) Issue of Duplicate Instruments on Execution of Indemnity Bond etc.
- Upto Rs.5,000/- Rs.50/- per instrument
- Above Rs.5,000/- Rs.100/- per instrument
(5) Revalidation of Drafts
- Rs.30/- per instrument.
(6) Cancellation of Demand Drafts / Payment Orders
- Rs. 50/- per instrument for Demand drafts
- Rs. 50/- Per instrument for P.O.
(7) Issuance of Balance Certificate / No Objection Certificate
Getmarketing -Per certificate.
Note : No charges for issue of NOC in favour of branches of the bank.
(8) Cheque Book Charges
- Current a/c and Cash Credit a/c Rs.3/- per leaf
- Saving Bank a/c Rs.3/- per leaf
Note : Only 20 cheque leaves will be allowed free to Saving Bank a/c holder in a calendar year
(9) Cash Handling Charges
Cash handing charges to be recovered from account holders maintaining their Current accounts only for clearing purposes as under:
- Upto Rs.1,00,000/- : Nil
- Above Rs.1,00,000/- : Rs.100.00 (Per Lac)
Note:
In addition to above charges Service tax applicable as per rules*
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