SERVICE CHARGES ( w.e.f. 01.06.2009 )

 

Note : Service charges mentioned below do not include Service Tax.

Service tax ( as applicable from time to time ) is to be recovered from customer separately.

 

DEPOSIT SECTION :

 

1.Savings Bank Account

 

Particulars

Revised Service Charges (+) Service Tax, as applicable from time to time

Minimum Balance

Rs.1,000/- with Cheque book facility.

Rs.500/- without cheque book facility.

Charges for non-maintenance of minimum balance

Charges are Rs.20/- per day per transaction.

Issue of Duplicate Pass book

Rs.50/- with latest balance + Rs.10/- per page for previous entries.

Cheque Book Charges

Rs.20/- for single cheque book. Rs.100/- per extra cheque book at a single time.

Photo attestation

Rs.10/- per photo.

Signature attestation for ECS

Rs. 100/-.

Signature attestation

For obtaining loans from other financial institutions Rs.100/- per attestation.

Stop payment charges

Rs.100/- per instance.

Account closure

Rs. 50 /- if closed within one year without cheque book.

Rs.150/- if closed within one year with cheque book.

Bouncing of cheque Local / ECS (issued by our customer)

Rs. 100/- per instrument for cheque amount below Rs.1.00 lakh.

Rs.100/- + Re.0.50 per Thousand for cheque amount above Rs.1.00 lakh.

Above mentioned charges are also applicable for return of ECS.

ATM Card

Free.

In case of loss of ATM Card Rs.100/- for duplicate card.

Balance enquiry

Free.

Balance Certificate

Rs.50/-.

Loss of Token

Rs.500/-

Service Charges

No Charges for operative accounts.

Rs.200/- on half yearly basis towards Dormant / In-operative accounts.

 

2. Current Account

 

Particulars

Revised Service Charges (+) Service Tax, as applicable from time to time

Minimum Balance

Rs.3,000/-.

Charges for non-maintenance of minimum balance

Charges are Rs.50/- per day per transaction.

Cheque Book Charges

Rs.100/- for single cheque book of 50 leaves.

Photo attestation

Rs.10/- per photo.

Signature attestation for ECS

Rs. 100/-.

Signature attestation

For obtaining loans from other financial institutions Rs.100/- per attestation.

Stop payment charges

Rs.100/- per instance.

Bouncing of cheque / ECS Local (issued by our customer)

Rs. 100/- per instrument for amount below Rs.1.00 lakh.

Rs.100/- + Re.0.50 per Thousand above Rs.1.00 lakh.

Above mentioned charges are also applicable for return of ECS.

Bouncing of cheque Local (deposited by our customer)

Rs. 25/- per returned cheque.

ATM Card

Free.

In case of loss of ATM Card Rs.100/- for duplicate card.

Balance enquiry

No Charges.

Service Charges

Rs. 100/- on half yearly basis for operative

Rs.200/- on half yearly basis for Dormant / In-operative accounts.

Balance Certificate

Rs.100/-.

Issue of account statement

I'st Statement of account free.

For duplicate Rs.50/- minimum + Rs.20/- per page thereafter.

Statement / Records pertaining to more than 3 years

Minimum Rs.100/- or Rs.25/- per page whichever is higher.

Account closure

Rs.250/- if closed within one year.

CA/TOD against Deposit ( Fresh / Renewal )

Rs. 25/-.

 

Loss of Token

Rs. 500/-.

 

3. Term Deposit :

 

Particulars

Revised Service Charges (+) Service Tax, as applicable from time to time

Issue of Duplicate Pass Book

Rs.50/- per pass book for Recurring & Shubhamangal Account.

Duplicate Term Deposit Certificate / Receipt

Rs.100/-.

Penal Charges for delayed installments Rec. & Shubhamangal

Rs.1.50 per 100/- per month.

Interest Certificate

Free Once in a year.

In case of duplicate certificate Rs.100/-.

 

LOAN SECTION :

 

Particulars

Revised Service Charges (+) Service Tax, as applicable from time to time

Loan Application Form Charges (Fresh / Renewal)

Rs.100/- per form. This amount is to be debited to S-B / C-A or C-C of borrower and not to be collected in cash. Concern Official to ensure the same immediately on issuing loan application form.

Processing Charges

For C/C, B/G, L/C, B/D etc. limits ( Fresh / Enhanced / Additional limits )

For fresh limits 0.50% p.a. On limit sanctioned.

For Renewal / Enhancement -

Rs. 250/- upto Rs.50,000/- limit.

Rs.350/- + Rs.125/- per lakh or part thereof - above Rs.50,001/-limit.

(For loan amount between Rs.50,001/- to below Rs.100,000/- charge Rs.350/-)

Processing Charges

For Term Loan

0.50% p.a. on limit sanctioned.

 

Processing Charges -

FD/OD ( Fresh / Renewal )

No Charges for OD upto Rs.10,000/-.

Rs.25/- for OD above Rs.10,001/-.

Processing Charges -

GOLD/OD, NSC/OD

( Fresh / Renewal )

Rs. 100/- up to Rs.10,000/- Limit

Rs. 500/- for above Rs.10,001/- Limit.

Service Charges

Cash Credit, B/D, Pledge Limit

0.25% of limit sanctioned (Minimum Rs. 500/- & Maximum Rs.10,000/-) on yearly basis.

Other Charges for Vehicle Loan ( in addition to Processing Charges)

Rs.250/- for 2 Wheelers.

Rs.500/- for 3 & 4 Wheelers.

Rs. 1,000/- for medium passenger / Goods vehicle.

Rs.1500/- for Heavy passenger / Goods vehicle.

Non Submission of Stock Steatement

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

Cheque Book Issue Charges Cash Credit / OD

Rs. 100/- per cheque book of 50 leaves.

Bouncing of cheque / ECS Local ( issued by our customer)

Rs. 100/- per instrument for amount below Rs.1.00 lakh.

Rs.100/- + Re.0.50 per Thousand above Rs.1.00 lakh.

Above mentioned charges are Also applicable for return of ECS.

Bouncing of cheque Local (deposited by our customer)

Rs.100/-.

Stop Payment of cheques C/C & O/D

Rs.100/- per instance.

Penal Charges for late payment of EMI

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

Prepayment Charges for Term Loans

Rs.500/- or 1% flat on O/s.balance, whichever is higher.

No Dues Certificate

Rs.25/-.

Commission for Bank Guarantees / Letter of Credit.

For All types of Guarantees / Letter of Credit - Rs.200/- (+) 0.75% per quarter or part thereof with a minimum of 3 % p.a. ( Note- backed by 100% margin as Fixed Deposit - 50% of above charges are to be levied ).

Commitment Charges for C/C limit

Minimum Interest ( as per applicable ROI ) on 10% of sanctioned limit if utilisation is below 10% of sanctioned limit.

NOC Letter ( For RTO / any other financial institutions etc. )

Rs.100 /-.

Solvency Certificate Charges

Rs.500/- upto Rs.1.00 lakh.

Rs.2,000/- for above Rs.1.00 lakh to Rs.5.00 lakh.

Rs.2,500/- for above Rs.5.00 lakh to Rs.10.00 lakh.

Rs.10,000/- for above Rs.10.00 lakh to Rs.1.00 Crore.

Rs.30,000/- for above Rs.1.00 Crore.

Rs.50,000/- for above Rs.5.00 Crore.

 

REMITTANCE FACILITIES :

 

Through our bank :

 

Particulars

Revised Service Charges (+) Service Tax, as applicable from time to time

Issue of Demand Draft

Rs.20/- upto Rs.1,000/-.

Rs.20/- + Rs.1.00 per thousand thereafter for DD on all branches.

Cancellation of Demand Draft

Rs. 100/- per cancellation.

Duplicate Demand Draft

Rs. 200/- per Demand Draft.

Revalidation of Demand Draft

Rs. 100/- per Demand Draft.

Issue of Pay Order

Re.0.75 per Thousand, Minimum Rs. 50/-.

No charges if issued against payment of Term Deposit above Rs.20,000/-.

Cancellation of Pay Order

Rs.50/- per pay order.

Duplicate Pay Order

Rs. 200/- per Pay Order.

Revalidation of Pay Order

Rs. 50/- per Pay Order.

Telegraphic Transfer (TT)

Rs.100/- + Re.1.00 per Thousand for all Branches.

 

Through Other Banks :

 

 

Particulars

Revised Service Charges (+) Service Tax, as applicable from time to time

Issue of Demand Draft

Issuing bank's actual charges (+) 75% of the exchange charged by the issuing bank.

Cancellation of Demand Draft

__________ Do __________

Duplicate Demand Draft

__________ Do __________

Revalidation of Demand Draft

__________ Do __________

 

Foreign Exchange Transactions :

 

Particulars

Revised Service Charges (+) Service Tax, as applicable from time to time

Collection

As applied by Agency Bank + Rs.200/- as Handling Charges.

Remittances Outward

As applied by Agency Bank + Rs.200/- as Handling Charges.

TCs Selling, Encashing & Foreign Currency

As applied by Agency Bank + Rs.200/- as Handling Charges.

 

CHEQUE COLLECTION :

 

Particulars

Revised Service Charges (+) Service Tax, as applicable from time to time

Local Counter Collection

Rs.25/- (+) Actuals.

Outstation Through own bank

Rs.50/- per instrument upto Rs.10,000/-.

Rs.100/- per instrument for cheque amount between 10,001/- to 100,000/-.

Rs.150/- per instrument for cheque above Rs.100,001/-

Above amount includes postage/courier charges.

These charges are as per RBI's circular No.DPSS.CO.No.611/03.01.03(P)/2008-09 dtd.08.10.2008.

Outstation through other banks

Charges of paying bank (+) postage (+) Re.0.75 per thousand as handling Charges.

Bouncing of Cheques Outstation through own bank

Rs.100/- Postal Charges (+) Re.1.00 per Thousand as handling Charges.

Bouncing of Cheques Outstation through other bank

Commission Charged by Returning Bank (VPP Charges) (+) Rs.100/- Handling Charges (includes postage).

Bills sent for Collection (Excluding cheques deposited by our customer)

Minimum Rs.500/- per bill or 2% of bill amount whichever is more.

Bills Received for Collection ( Excluding cheques issued by our customer)

Actual Demand Draft Charges (+) Postage (+)Minimum Rs.100/- per bill or 2% of bill amount whichever is more.

 

OTHER AREAS :

 

Particulars

Revised Service Charges (+) Service Tax, as applicable from time to time

Nominal Membership Form Charges

( Pl. Note there is no change in Nominal Membership Fees of Rs.5.00)

Rs.50/-.This amount is to be debited to S-B / C-A or C-C of borrower and not to be collected in cash. Concern Official to ensure the same immediately on issuing loan application form.

Share Application Form Charges

Rs.100/-.