Service Charges (w.e.f. 24.08.2006)

Particulars

Service charges      (Incl. Service Tax@12.24%)

Saving Bank Accounts with Cheque facility

Minimum Balance

Savings Rs.500 -With Chq Book                                                           Savings Rs. 250 without chq bk.

 

Current Rs.2500/-

Charges for non maintenance thereof

Charges are Rs.10 per day per transaction

 

In respect of delay in R/D or Shubhmangal Deposit Rs. 1.50 per 100 per month

Saving Bank Accounts without Cheque facility

Minimum Balance

Rs. 250.00

Charges for non maintenance thereof

Rs. 10.00

Issue of Duplicate Statement

Rs.10 per page

Issue of loose cheque leaves

Rs. 10 per leaf

Issue of duplicate pass book

Rs.30/- per Pass Book with latest bal. +Rs.10 per page for previous entries. In case of Recurring and Shubhmangal Rs.10/ per passbook.

Mode of calculation of minimum balance

At the time of transaction, to be debited manually

Remittance Facilities through our bank

DD- Issue

Mini. Rs.10 or Rs. 0.50 per 1000 on Pune & Mumbai Branches.

 

@ Re.1 for our branches other than branches in Pune, Thane and Mumbai.

 

Other as per DD arrangements schemes

DD-Cancellation

Rs. 50 per draft cancelled

DD-Duplicate

Rs. 50 per draft

DD-Revalidation

Rs. 50 per draft

Pay Order - Issue

Rs. 0.75 per thousand Minimums. Rs.50/

PO-cancellation

Rs.25 per PO

PO-Duplicate

Rs.25 per PO

PO-Revalidation

Rs.25 per PO

TT - Issue

For Branches in Pune & Mumbai Min.Rs.25/+ Rs. 0.75 per Thousand. *For branches other than Mumbai and Pune Rs. 25+Rs. 1 per Thousand

TT - Cancellation

Rs.25/

TT-Duplicate

For Branches in Pune & Mumbai Min.Rs.25/+ Rs. 0.75 per Thousand. *For branches other Than Mumbai and Pune Rs. 25+Rs. 1 per Thousand

TT-Revalidation

None

EFT Charges- inward

None

EFT Charges- outward

 

RTGS-Outward

 

RTGS-Inward

 

Collection of Cheques

 

Remittance facilities through other banks

DD- Issue

DD of other banks as per DD arrangement schemes.

DD Issue in cash

Rs.50 minimum

DD-Cancellation

Rs.50/-

DD-Duplicate

Rs. 50 per draft

DD-Revalidation

Rs.50 per draft

Foreign Exchange Transactions

Foreign Exchange Transactions

As applied by agency bank + Rs. 200 Handling Charges

Remittance Outward

 

Remittance Inward

 

TCs - Selling

 

TCs - Encashing

 

TCs – Foreign Currency

 

Cheque Collection

Local Clearing

Nil

Local Collection

Rs. 10+ Actuals

Outstation through own bank

Outstation upto Rs.10000/- charges are Rs.20/-   

 

Above Rs.10000/- Rs.20 + Rs.0.50 per Thousand or part thereof

Outstation through another bank

Charges of paying bank+ Actual Postal Charges + Rs.0.50 per 1000 as handling charges

Bouncing of cheques- Local

Rs. 25 for Savings Accounts and Overdraft on Fixed Deposits.

 

Rs. 50 per instrument for Current and CC A/cs Cheque Amount below Rs. 1 lakhs.

 

Rs. 0.50 per Rs. 1000/ for cheque amount more than Rs.1 lakhs

Bouncing of cheques- outstation- through own bank

Rs. 30 postal charges + Rs. 1 per Rs. 1000 as handling charges

Bouncing of cheques- outstation- through another bank

Commission Charged by returning bank + Rs. 30 postal charges +Rs. 0.50 per Rs.1000 as handling charges

Retail Loans

Prepayment Charges

Lesser of Rs.250 or actual interest lost

No dues Certificate

Rs. 10/- per certificate

Solvency Certificate

Upto Rs.1 lakhs Rs.150/-

 

AboveRs.1lakh to Rs.5 lakh- Rs.2000

 

Above Rs. 5 lakhs: Rs. 2000+Rs. 1 per Thousand, subject to Maximum Rs.10000/-

Charges for late payment of EMI

1%p.a.for the amount in default for the days of default

ATM Cards

Free

MISCELLANEOUS

Balance enquiry

Free

Balance Certificate

Upto Rs. 50000- Rs100,

 

Rs.50000-1 lakhs- Rs.200/

 

Rs.1lakh-5 lakhs- Rs. 200

 

Rs.5 lakhs and above Rs. 500/

Interest Certificate or any other certificate

No Charges to depositors, Rs. 25 to borrowers

Account closure

Savings A/C closure within 1year Rs. 25/-without chq book,

 

Savings A/c with Chq book Rs.25+ Rs. 2.50 per unused chq.

 

Current a/c closure within 1 year Rs. 100/-

Use of Fax/Telephone/Modem

At actual

Photo attestation

Rs. 10/- per photo

Signature attestation

For obtaining loans from financial institution Rs.50 per attestation, for others, Rs.10/ per attestation, no charges should be taken from ocean going students

Stop Payment Charges

Rs. 25 per instance

Inoperative account

Savings Account Rs. 25 on half yearly basis.

 

Current Account Rs. 50/ on a half yearly basis.

Charges Other than Above

Loss of Token

Rs. 100/-

Non Submission of Stock Statement

1% p.a. on limit sanctioned to be levied on monthly basis for a period of default

Chq book Charges

Rs.1.50 per leaf except Savings A/c.  Rs.5 per leaf if more than 1 chq book is required by Savings Account Holder

Statement/ Records pertaining to more than 3 previous years

Rs.50/-

Share Application

Rs.25/

E.C.S return Charges

Rs.100 per return

Duplicate F.D. Receipt

Rs. 20 per receipt

Nominal Member charges

Rs.10/-