Service Charges and Other Charges

 

Sl.No.

Items

Previous Rate (w.e.f 29.04.2008 vide order no 03/2008-09)

Revised  Charge

w.e.f.01.03.2016

1.

Issue of Cheque Book - Savings

Free upto 3 cheque books (containing 20 leaves) per calendar year.  Beyond the above limit Rs.20.00 per cheque book + S.Tax (containing 20 leaves).

First Cheque book free .thereafter Non MICR and MICR Rs. 40.00+ Service Tax(Exempted for Staffs)

2.

Issue of Cheque Book - CD/OD/Cash Credit

Rs.1.50 per cheque leaf + S.Tax

First Cheque book free thereafter Non MICR and MICR Rs. 40.00+ S. Tax( Exempted for Staffs)

3.

Issue of cheque books against Lost/Surrendered ones - Savings

Rs.20.00 + S.Tax

Non MICR and MICR Rs. 40.00+S.Tax(Exempted for  Staffs)

4.

Issue of cheque books against Lost/Surrendered ones - CD/OD/Cash Credit

Rs.40.00 + S.Tax

Non MICR and MICR Rs. 40.00+S.Tax(Exempted for Staffs)

5.

Issue of Passbooks - Savings/CD

Free (during opening of an account only)

Free during opening of Account only. Exempted for  Staffs

6.

Issue of Passbooks - OD/Cash Credit/Term Loan

Rs.10.00 + S.Tax

Rs.         20.00+S.Tax(Exempted for  Staffs)

7.

Balance certificate

Free at monthly interval.  Rs.25.00 + S.Tax per additional statement as per request of the Customer.

Rs. 40.00+S.Tax(Exempted for Staffs)

8.

Balance enquiry

Free

Free

9.

Issue of Duplicate Passbooks/Statement - with previous entries

Rs.20.00 + Additional Charge of Rs.10.00 per page or part thereof + S.Tax

Rs. 50.00+S.Tax with last 40 entries Additional 40 entries will attract Rs. 50.00+S.Tax (Exempted for Staffs)

10

Issue of Duplicate Term Deposit Receipts

Rs.20.00 per receipt + S.Tax

Rs. 25.00+S.Tax Exempted for Staffs

11

Addition / Deletion of Name

Rs.15.00 + S.Tax per occasion.  No charge levied for deletion of name of deceased customer

Rs.50.00+S.Tax

12

Change of Operational Instruction

Rs.15.00 + S.Tax per occasion

Rs. 50.00+S.Tax

13

Fall in minimum balance - No frill accounts.

Nil

Nil

14

Fall in minimum balance - Savings Accounts (minimum balance without cheque facility Rs.500.00, minimum balance with cheque facility Rs. 1000.00)

Rs.15.00 + S.Tax per occasion

25% of shortfall amount per occasion +S.Tax subject to minimum of Rs. 20.00+S.Tax (Present Staff, Retired staff, Student exempted) for accounts other than having ATM facility.

15

Fall in minimum balance - Current Deposits (minimum balance without ATM facility Rs.3000.00)

Rs.25.00 + S.Tax per occasion.  Staff, Retired Staff, Student and Sr.Citizen exempted

25% of shortfall amount per occasion  +S. Tax subject to minimum of Rs. 20.00+S.Tax (exempted for staffs)

16

Charges for non- maintenance of Minimum Balance in accounts having ATM facility (Minimum balance Rs. 3000.00 for savings and Rs. 5000.00 for current deposit)

 

Savings 40.00+S.Tax per occasion, Maximum Rs. 400.00 per annum, Current Deposit Rs. 100.00 + S.Tax per occasion, Maximum Rs. 800.00 per annum (exempted for staffs)

No charge for non-maintenance of minimum balance will be levied on inoperative accounts. No charge on accounts under Pradhan Mantri Jan DhanYojna.

17

Excess no. of Debit Entries in savings accounts per calender year (entries over 102 per calender year other than debit entries made for reinvestment and execution of standing instruction and ATM withdrawal debit entries)

 

 

 

Rs.5.00 per entry + S.Tax ( Entries upto 60 per calender year)

Rs. 10.00+S.Tax per entry (Exempted for  Staffs)

18

Folio charges - Savings Deposit accounts (INCCGH)

Nil

Nil

19

Folio charges - Current Deposit accounts (INCCGH)

Rs.10.00 per ledger folio (40 entries or part thereof being treated as one folio) + S.Tax

Nil

20

Loss of Token

Rs.50.00 + S.Tax

Rs. 60.00+S.Tax

21

Account Closure - Savings (Exemption in case of death of depositor)

Within 12 months from date of opening - Rs.25.00.  After 12 months - Rs.10.00   + S.Tax

Rs. 50.00+S.Tax Exempted for Staffs

22

Account Closure - Current Deposit  (Exemption in case of death of depositor)

Within 12 months from date of opening - Rs.50.00.  After 12 months - Rs.25.00  + S.Tax

Rs. 50.00+S.Tax (Exempted for Staffs)

23

Account Closure - Recurring Deposit (Exemption in case of death of depositor)

Within 3 months from the date of opening - Rs.15.00  + S.Tax

Penal Charge or Rs. 50.00+S.Tax whichever is greater. Exempted for Staffs

No charge for closure on deceased accounts and on accounts under Pradhan Mantri Jan DhanYojna

24

For closure of account , Inter branch transfer of entire balance in SB/CD account - - Transferee Branch

Need not levy any service charge

No Fees

25

For closure of account , Inter branch transfer of entire balance in SB/CD account - Transferer Branch

50% of the rate applicable during issuance of Demand Draft / Banker's Cheque + S.Tax

Account Closure Charge Rs. 50.00+S.Taxonly. Exempted for Staffs

26

Transfer from Home Branch to other branch in own account

Need not levy any service charge

No fees

27

Transfer from Home Branch to other branch in other than own account

50% of the rate applicable during issuance of Demand Draft / Banker's Cheque + S.Tax

1. Upto 2 lac - Rs. 25.00+S.Tax,             

 2. Above 2 lac upto 5 lac Rs. 50.00+S.Tax,    

 3. Above 5 lac-Rs. 50.00+S.Tax+Rs. 15.00+S.Tax per lac exceeding 5 lac Exempted for Staffs

28

Cash withdrawal (Other than home branch)

 

Rs. 50000.00 allowed per day for savings and current deposit. Exempted for Staffs

29

Cash Deposit(Other than home branch)

 

1. Upto 20000.00 - Rs. 25.00+S.Tax                      2. Above 20000.00 upto 1 lac - Rs. 50.00+S.Tax                     3. Above 1 lac upto 3 lac - Rs. 100.00+S.Tax    

 4. Above 3 lac - Rs. 100.00+S.Tax +Rs. 50.00+S.Tax per lac exceeding 3 lac(Exempted for Staffs)

30

Fax facility

Rs.23.00 per occasion (Inclusive of Service Tax)

Rs. 25.00+S.Tax

31

Stop payment instructions (all types of accounts)

Rs.20.00 per instruction + S.Tax.  Maximum Rs.160.00 + S.Tax per reference (No cheque / bill return charges will be applicable where stop payment charges are levied).  Exemption - Sr.Citizens, War-Widows, Physically Handicapped, ECS purpose.

Rs. 20.00+S.Tax per Instrument. Exempted for Staffs

32

Signature Verification

Rs.20.00 + S.Tax per  case (Exemption - Student)

Rs. 25.00+S.Tax

33

Standing Instruction

Nil

Nil ,if failed Rs. 2.00 per Rs. 100.00 installment per month in case of Recurring Deposit

34

Interest certificate in deposit accounts

Rs.30.00 + S.Tax for all types of accounts.  (Note - One certificate per year issued free of cost.)

Rs. 10.00+S.Tax per account ;

maximum of Rs. 100.00+S.Tax.Exempted for Staffs

35

Collection Charge of Local Clearing / Collection cheques

Free

Free

Collection charge of Outstation Cheques / Drafts / Bills(Exempted for Staffs):-

36

Upto Rs.10,000.00

Rs.25.00 + S.Tax

Rs.25.00+S.Tax

37

Above Rs.10,000.00 upto Rs.50,000.00

Rs.2.40 per thousand or part thereof + S.Tax

Rs.2.50 per thousand or part thereof + S.Tax

38

Above Rs.50,000.00

Rs.2.25 per thousand or part thereof + S.Tax (minimum Rs.125.00 & maximum Rs.10,000.00)

Rs.2.40 per thousand or part thereof + S.Tax (minimum Rs.125.00+S.Tax& maximum Rs.10,000.00+S.Tax)

39

Cheque / Bill return charges

Rs.50.00 + other Bank charges if any + S.Tax

Rs.50.00+S.Tax+ other Bank charges if any

Issue of Demand Drafts / Banker's Cheque (payable at par):-   Note:  50% of our Bank charges + other Bank charges if the cheques are collected for another Bank/Society (Owned name). (Exempted for Present Staffs)

40

Upto Rs.10,000.00

Rs.25.00 + S.Tax

Rs.25.00+S.Tax

41

Above Rs.10,000.00 upto Rs.50,000.00

Rs.2.40 per thousand or part thereof + S.Tax

Rs.2.50 per thousand or part thereof+S.Tax

42

Above Rs.50,000.00

Rs.2.25 per thousand or part thereof + S.Tax (minimum Rs.125.00 & maximum Rs.10,000.00).          

Rs.2.40 per thousand or part thereof + S. Tax (minimum Rs.125.00 & maximum Rs.10,000.00).          

43

Revalidation / Cancellation of Draft / Banker's Cheque

Rs.50.00 + S.Tax per instrument.

Rs. 60.00+S.Tax per instrument.Exempted for Staffs

44

Issuance of Duplicate Draft / Banker's Cheque

50% of the charge as applicable for issue of fresh DD / Banker's Cheque + S.Tax

Rs. 60.00+S.Tax per instrument.

45

Inward Bill Collection Charges

50 % of Draft/Banker's Cheque + Actual Postage Charge

50 % of Draft/Banker's Cheque + Actual Postage Charge.Exempted for Staffs

46

NEFT Charges

 

1. Rs.1.00 to Rs. 1,00,000.00 -Rs. 5.00+S.Tax ;                           2. From 1,00,001 to Rs. 1,99,999.00 - Rs. 15.00+S.Tax

 

 * UptoRs. 50000.00 per instance  per customer in home branches only is free of charge - subject to minimum balance maintenance of Rs. 3000.00 in SB and Rs. 5000.00 in current deposit.Exempted for Staffs.

47

RTGS Charges

 

1. From 2,00,000 to 5,00,000 - Rs. 25.00+S.Tax                     2. From 5,00,001.00 onwards - Rs. 50.00+S.Tax Exempted for  Staffs

In case of IBC proceeds transfer through RTGS/NEFT, only RTGS/NEFT charges will be levied.

48

Issue of Duplicate Share Certificate

Rs.20.00 + S.Tax per receipt

Rs. 30.00+S.Tax per occasion

 

Issue of Duplicate receipt of Gold / TD Loan

Rs.20.00 + S.Tax per receipt

Rs. 50.00+S.Tax per occasion

 

Issue of Duplicate letter for cancellation of hypothecation charge for HV Loan

Rs.20.00 + S.Tax per letter

Rs. 50.00+S.Tax per occasion

Issue of Solvency Certificate:

49

Upto Rs.5 lac

Rs.500.00 + S.Tax

Rs.500.00+S.Tax

50

Above Rs.5 lac upto Rs.10 lac

Rs.200.00 per lac or part thereof.  Maximum - Rs.1,500.00 + S.Tax

Rs.200.00+S.Tax per lac or part thereof 

51

Above Rs.10 lac upto Rs.50 lac

Rs.150.00 per lac or part thereof.  Minimum - Rs.3,000.00 + S.Tax

Rs.210.00+S.Tax per lac or part thereof.  Maximum  Rs.8000.00+S.Tax

52

Above Rs.50 lac

Flat Rate of Rs.12,000.00 + S.Tax

Flat Rate of Rs.12000.00

Safe Deposit Locker hiring charges (LOCCHG) - Note:  Existing hirers to be charged revised rates during renewal.

 

53

Small Size

Rs.400.00 + Tax Rs. 49.00 per annum.  FD - at least Rs.7,000.00

Rs 600.00+S.Tax per annum FD - 10000.00

54

Medium Size

Rs.700.00 + Tax Rs. 87.00 per annum.  FD - at least Rs.10,500.00

1100.00+S.Tax per Annum FD=20000.00

55

Large Size

Rs.1000.00 + Tax Rs. 124.00 per annum.  FD - at least Rs.15,000.00

2100.00 + S. Tax per Annum FD=35000.00

NOTE:  In case of loss of Key, a service charge of Rs.200.00 to be levied besides expenditure as will be incurred for breaking open the locker and changing the lock by the supplier.

Processing charges (INPC) for credit related items: (Realizable at the time of disbursement)

56

Loan against Bank's Time Deposit owned by the borrower

Free

Free

57

Loan against Bank's Time Deposit owned by third party

0.10% of total loan issued + S.Tax

0.10% of Loan Issued+ S. Tax

58

Loan against Gold Ornaments

Nil

Misc. Collection of Rs. 10.00 per packet

59

Testing Charges for Loan against Gold Ornaments (TSTCHG)

at the rate of Rs.2.00 per gm (net weight) or part thereof.  Maximum Rs.500.00 + S.Tax

Rs. 3.00 per gram of net gold.

60

Loan against Postal Time Deposit / LIC Policy

0.15% of total loan amount issued + S.Tax

0.15% of total loan amount+ S. Tax

61

Term Loan - Upto Rs.25,000.00

Rs.25.00 + S.Tax

Rs. 50.00+S.Tax

50% of general charge in case of  staffs

62

Term Loan - Above Rs.25,000.00

0.15% of total loan amount issued + S.Tax

0.15% of loan issued ,minmRs. 100+S.Tax  (50% of general charge in case of staffs)

63

HV Loan - upto Rs.25,000.00

Rs.150.00 + S.Tax

150.00+S.Tax

50% of general charge in case of staffs

64

HV Loan - Above Rs.25,000.00

Rs.0.65% of total loan amount issued + S.Tax

0.50% of loan amount, Maximum of Rs. 10000.00+S.Tax

 (50% of general charge in case of staffs)

65

Cash Credit / Overdrafts - Upto Rs.25,000.00

Rs.25.00 + S.Tax (on or after 02.05.08 or on renewal)

Rs 50.00+S.Tax.

 50% of general charge in case of  staffs

66

Cash Credit / Overdrafts - Above Rs.25,000.00

0.13% of loan limit + S.Tax (on or after 02.05.08 or on renewal)

0.15% of Loan limit ,Minm-50.00, Maximum of Rs. 20000.00 + S. Tax (50% of general charge in case of staffs)

67

No Dues Certificate

Rs.50.00 + S.Tax (Exemption - War-Widows, Physically Handicapped, Higher Education Students)

Rs.100.00+S.Tax (Exemption - War-Widows, Physically Handicapped, Higher Education Students)

Bank Guarantee Charges - BGCHG (Fully Secured by Cash / Deposits)

68

Performance Guarantee

1.25% of Guarantee amount + S.Tax (Covering Guarantee period & Claim Period)

1.25% of Guarantee amount + S.Tax (Covering Guarantee period & Claim Period)

69

Renewal of Guarantee

Same charges as applicable for fresh guarantee except that the claim period be not charged if the renewal is effected before the expiry date of the guarantee.

Same charges as applicable for fresh guarantee except that the claim period be not charged if the renewal is effected before the expiry date of the guarantee.

70

Postal Charges

Nil

Actual

71

Record copy of cheque

Nil

Rs. 25.00+S.Tax per occasion

72

Incidental charges for accounts not operated for 1 year

Rs. 50.00+S.Tax for current accounts only

Rs. 50.00+S.Tax per annum.

73

Activation of inoperative account

Rs. 50.00 + S. Tax per occasion.

No Charge

For activation of inoperative accounts no charges will be levied. Incidental charge shall not be levied once the account becomes inoperative after two years of non-operation of the account. No charge for accounts opened under Pradhan Mantri Jan DhanYojna.

74

Penal interest for late payment of Recurring Deposits

Rs. 1.50 per Rs. 100.00 installment per month.

Rs. 2.00 per Rs. 100.00 installment per month.

75.

Safe Custody Charge

 

as per locker charge(small size)


SMS Alert Service

76.

SMS Alert Service

NA

For each customer, Rs.15.00 + S.Tax per quarter, at the beginning of quarter