022-27832945/46

Service Charges

Service Charges & Fees of the Bank w.e.f 01.07.2021

SR NO Particulars Proposed Service Revised Charges (RS.) W.E.F. 01/07/2021
1 SEVINGS DEPOSITS
(a) Account Opening Amount
With Cheque Book Rs. 1000/-
Without Cheque Book Rs. 500/-
No Freel A/c Rs. 500/-
(b) Minimum Balance Charges
i) Charges for failure to maintain minimum balance Rs. 75/-
ii) No Freel A/c NIL
(c) 1 Closure of Accounts (SB/SBS)
i) Within 6 months Rs. 500/-
ii) Within 1 year Rs. 200/-
iii) Within 3 years Rs. 100/-
iv) After 3 years NIL
2 Closure of Accounts (Small Savings)
i) Within 1 year NIL
i) After 1 year NIL
3 Account Activation Charges
i) Dormant to Operative Rs. 200/-
ii) In-operative to Operative Rs. 250/-
(d) Unutilised Cheque leaves at time of closure of Account (Note: Charges to be collected for only unused cheques which where and are currently in use.)
(e) Returned Dishourned of Cheque
(CTS/ ECS -DR/ ACH-DR/)
i) Outward Return Rs. 200/-
ii) Inward Return Rs. 300/-
iii) ECS/NACH Return Rs. 100/-
(f) Issue of Cheque Books (Cheque Leaf Charges)
i) SB free cheque First cheque book of 30 leaf free
ii) Cheque books (Personalised) (15/30/60) Rs. 3/- PER LEAF
(g) Issue of Duplicate Pass Book
i) With present balance Rs. 50/-
ii) With previous entries Rs. 50/- per page of passbook Rs. 10/-
Rs. 20/- per page of computer statement
(h) Withdrawals without Pass Book Rs. 10/-
2 CURRENT ACCOUNT
(Service charges applicable for CC/OD/SOD/OD-GOLD/SOD-NSC/KVP/LIC/STAFF OD A/cs)
(a) Account Opening & Maintainance of Minimum Balance Currents A/c Rs. 3000/-
(b) Charges for failure to maintain minimum balance an any month for Current A/cs' Rs. 150/- per month
(c) Incidential Charges Rs. 200/- (Half yearly)
(d) Closure of Current Account
1 Closure of Accounts
i) Within 6 months Rs. 500/-
ii) Within 1 year Rs. 300/-
iii) Within 3 years Rs. 200/-
iv) After 3 years Rs. 100/-
(e) Unutilised Cheque leaves at time of closure of Account of Current, CC/SOD/OD A/c, (Note: Charges to be collected for only unused cheques which where and are currently in use.) Rs. 3/- per leaf
(f) Issue of Cheque Book
Cheque books (Personalised) (15/30/60/90) Rs. 4/- per chq
(g) Issue of Duplicate Statement
Current/CC/SOD/OD/
Rs. 20/- per page
(h) Returned Dishourned of Cheque
(CTS/ECS -DR/ ACH -DR/ )
i) Outward Return Rs. 200/-
ii) Inward Return Rs. 300/-
iii) ECS/ NACH Return Rs. 200/-
3 TERM DEPOSIT
(a) Issue of Diplicate Receipt
(to be issued in the form of Certificate)
Rs. 100/-
(b) DDS Accounts
Closure ofaccount before maturity
i) Before 6 months 3% commission (Commission given to DDs Agents) + service charges of Rs. 100/-
ii) After 6 months before 1 year Service charges of Rs. 100/-
iii) DDS Account Operation charges Rs. 120/- per year or part thereof
4 LOANS & ADVANCES
(a) Processing Charges for New Applications only / In Principal Acceptance & Take over Proposals Take over Proposalsover Proposals
Pre-Processing up front charges -
i) Upto Rs. 10 lakh -
ii) Above Rs. 10 lakh 0.80% of total amount (Maximum Rs. 50,000/-)
(b) Processing Charges for Restructing / Re-scheduling of loan Accounts 0.50% (Maximum Rs. 50,000/-)
(c) Non submission of Stock / Debtors Statements
Upto Rs. 5.00 Lakh Rs. 300/-
Above Rs. 5.00 Lakh to Rs. 10.00 Lakh Rs. 500/-
Above Rs. 10.00 Lakh & above Rs. 800/-
(d) Processing charges for renewal Application CC/SOD SOD/STOCK OD 0.40%
Notice to Loan EMI Defaulters
i) Notice No-1 Rs. 500/- + Postage charges
ii) Notice No-2 Rs. 750/- + Postage charges
iii) Notice No-3 Rs. 1000/- + Postage charges
iv) Advocate Notice -
v) Case File Charges Rs. 2000/- + Actual Charges
(e) Visit / Inspection Charges
i) Half Yearly Visit / Inspection Charges for CC/SOD Rs. 1000/- per Half Year
ii) Yearly Visit / Inspection charges for Inspection of Securities Charged to Bank Rs. 1000/-
iii) Visit charges per visit to borrower / sureties for recovery porpose (including CC/SOD/OD) Rs. 500/- per visit
(f) Statutory Notice
i) Issued u/s 13 (2) of SARFAESI Act Rs. 2500/-
ii) Mortgaged and Reconveyance of Mortgaged Property Rs. 1000/-
(g) Vehicle etc.
i) Issue of NOC to RTO Rs. 500/-
ii) Issue of HPTR to RTO Rs. 500/-
iii) Seizing Charges
a) Two Wheeler / Three Wheeler Rs. 1000/- + Parking Charges
b) Light motor vehicle Rs. 2000/- + Parking Charges
c) Heavy vehicle Rs. 5000/- + Parking Charges
d) Excavators & cranes -
(h) i) Sealing / Possession of Immovable Properties
Symbolic Possession Rs. 2500/- + Actual whichever is more
a) Flat/ Stall/ Gala/ Shop/ Banglow Rs. 5000/- + Actual whichever is more
b) Factory Premises/ Industrial Unit Rs. 5000/- + Actual whichever is more
c) Possession of Flat/ Stall/ Gala/ Shop/ Banglow through court Rs. 10,000/- or Actual whichever is more
ii) Possession of Factory Premises/ Industrial Unit through Court Rs. 10,000/- or Actual whichever is more
(i) i) Pledge of NSC/KVP Rs. 100/- service charges + Travelling charges + Assignment charges + Postage charges
ii) Encashment of NSC/IVP/KVP etc. Rs. 200/- Service charges + Travelling charges + Assignment charges + Postage charges
(j) Reassignment of NSC/IVP/KVP Rs. 25/-
(k) Assignment / Reassignment of LIP (Life Insurance Policy) etc Rs. 100/- per policy + Travelling + Rs. 500/- service charges && Postage (Actual)
(l) i Gold Custody Charges 0.50% of loan amount
(l) ii Miscellaneous Income 0.75% of Loan amount
5 BANK GUARANTEE (As Per Term & Conditions Acceptable to Bank)
i) Fresh Bank Guarantee (Fully Secured by our Bank) 1%
ii) Renewal Bank Guarantee (Fully Secured by our Bank) 0.50%
6 GOLD APPRAISAL CHARGES (To be reimbused to gold valuer)
i) Loan Amount upto Rs. 2 Lakh Rs. 200/-
ii) Loan Amount above Rs. 2 Lakh upto Rs. 5 Lakh Rs. 300/-
iii) Loan Amount above Rs. 5 Lakh Rs. 50/- per lakh
7 SOLVENCY CERTIFICATE Rs. 1000/-
8 RTGS/NEFT INWARD OUTWARD CHARGES
1 NEFT Transactional Charges
Amount upto Rs. 10,000/- Rs. 2.50/-
Upto Rs. 1,00,000/- Rs. 5/-
Rs. 1,00,000/- to below Rs. 2,00,000 Rs. 10/-
Above Rs. 2,00,000/- Rs. 20/-
2 RTGS Transactional Charges
Rs. 2,00,000/- to Rs. 5,00,000 Rs. 25/-
Above Rs. 5,00,000 Rs. 50/-
9 COLLECTION OF OUTSTATION BILLS
IBC/OBC/BD/SBD
i) Upto Rs. 1000/-
ii) Above Rs. 1000/- upto Rs. 5000/- Rs. 25/- + Postage
iii) Above Rs. 5000/- upto Rs. 10,000/- Rs. 50/- + Postage
iv) Above Rs. 10,000/- upto Rs. 1 Lakh Rs. 100/- + Postage
v) Above Rs. 1,00,000/- Rs. 100/- + Rs. 5/- per Rs. 1000/- Maximum Rs. 2000/-
vi) Charges for return unpaid outstation bills Rs. 200/-
vii) Postage Actual
10 PAY ORDERS ETC.
(a) Issue of Pay Order / Demand Draft
i) Upto '500/- Rs. 10/- + tax
ii) Above '501/- Upto '1000/- Rs. 10/- + tax
iii) Above '1001/- Upto '5000/- Rs. 20/- + tax
iv) Above '5001/- Upto '20,000/- Rs. 20/- + tax
v) Above Rs. 20,001/- Upto Rs. 50,000/- Rs. 100/-
vi) Above Rs. 50,001/- Upto Rs. 2.00 Lakh Rs. 1.50/- per Rs. 1000/-
vii) Above Rs. 2.00 Lakh Maximum Rs. 3000/-
(b) i) Issue of Duplicate Pay Order / Demand Draft ISSUE OF DUPLICATE PAY ORDER / ISSUE OF FRESH PAY ORDER AGAINST REVALIDATION
Upto Rs. 1000/- Rs. 50/-
Above Rs. 1000/- Rs. 50/-
ii) STOP PAYMENT PAY ORDER & DEMAND DRAFT / CANCELLATION OF PAY OERDER & DEMAND DRAFT Rs. 100/-
11 SAFE DEPOSIT LOCKERS
(a) Opening of Lockers
Key Deposit (Security Deposit)
i) Small size locker Rs. 15,000/-
ii) Medium size locker Rs. 25,000/-
iii) Large size locker Rs. 40,000/-
(c) Number of Locker access allowed per Month Monthly two access free
Above two access Rs. 10/- per access
(d) Delay in Payment of Locker Rent
Small lockers- Rs. 75/- p.m.
Medium lockers- Rs. 100/- p.m.
Large lockers- Rs. 150/- p.m.
(e) Break Open of Locker in case of Loss of Key / Non Payment of Rent Rs. 3000/- for New Lock + Rs. 200/- Service Charges (Actual Charges)
(f) Surrender of Locker a) Shifting of Lock Rs. 75/- + Rs. 550/- Visit Charges + Rs. 200/- Service Charges
b) Changes of New Lock Rs. 1500 + Rs. 200/- Service Charges
(g) Safe Custody Charges
1) Gold loan closed but pledged ornaments are not claimed within 1 month from date of closure (after sending the notice loanee regarding the charges) Rs. 100/- per month.
2) Sale of pladged gold ornaments by auction
i) Loans upto '5000/-
ii) Above '5000/- upto '50,000/- Rs. 300/- + ACTUAL EXPENSES
iii) Above '50,000 Rs. 300/- + ACTUAL EXPENSES
12 GENERAL
(a) Issue of our Banks Duplicate Share Certificate Rs. 25/- per certificate
(b) Transfer of Share Certificate Rs. 100/- per certificate
(c) Issue of any other Certificate by Bank for purpose of other than our Banks purpose (including verification of signature / recording of ECS mandate) Rs. 150/- per certificate
(d) SMS Notification / Alert Charges Rs. 50/- per Half Year
(e) Issue of Loan Application Form with surety Consent Rs. 50/-
(f) CIBIL Charges 1. Individuals:- Actual + Rs.500/-service charges
2. Commercial:- Actual + Rs.750/ service charges
(g) i) Income Tax Certificate for Interest on Term Deposit / Saving A/c or Balance Certificate and Loan Certificate Rs. 100/- per certificate
ii) Duplicate Certificate as above Rs. 50/- per certificate
* Exempted for Credit Societies (Average Balance of Rs.10.00 Lakh)
(h) Stop Payment Instructions (All A/cs with cheque book facilities) Rs. 200/- per cheque
(i) FATE Enquires (at customers request)
i) Savings A/cs Rs. 50/-
ii) Current CC & SOD A/Cs only Rs. 50/-
(j) Loss of Cheque book Requisation Slip Rs. 10/-
(k) Documents Franking Charges
Charges applicable for Bank Documents also
Actual + Rs. 10/- per document
(l) Enquiry Related to Old Records
More than 12 months old record Rs. 25/- per instrument
(m) Allowing Operations in Account through Power of Attorney Rs. 100/- per on every change
(n) Change in Name / Joint Account Holder / Deletion Rs. 100/-
(o) Service charges for issue of "LIFE CERTIFICATE" to Senior Citizens Rs. 50/-
(p) CERSAI Registration Charges Actual+ Rs.300/-(As per Annexure I for CERSAI Registration charges)
(q) E-Payment of TAX payment on Behalf of our Banks Customers Rs. 50/-
(r) Inward ACH-DR / ACH -CR Mandate
i) Inward mandates received from NPCI for approval and debit to accounts with us. Rs. 50/-
ii) Mandates received by our branches from our customers for credit of loan, etc. accounts with other institutions, Banks, (debit to accounts with us) etc. scanned an uploaded by us to NPCI Rs. 50/- per instance
iii) Mandates received from other Bank of our customers for repayment of loan installments (loan accounts with us) etc. scanned and uploaded by us to NPCI Rs. 50/- per instance
(s) NACH (ACH DR/ CR) RETURN CHARGES
Return charges will be as follows:
i) If the transaction is successful, that is repayment received by either presentation NIL
ii) If transaction is returned unpaid on both occasions Rs. 200/-
iii) Stop payment instructions of NACH ECS-ACH Debit / Credit mandates given by customers Rs. 50/-
(t) Cash Handling Charges for Cash Deposit in Current / CC / OD (Note: No charges will be applicable to the account holders maintaining average Balance of Rs. 1.00 Lakh)
1) Upto Rs. 2 Lakh NIL
2) Rs. 2 Lakh and above upto Rs. 5 Lakh Rs. 100/- Per Day
2) Rs. 5 Lakh and above upto Rs. 10 Lakh Rs. 200/- Per Day
2) Rs. 10 Lakh and above upto Rs. 15 Lakh Rs. 300/- Per Day
2) Rs. 15 Lakh and above Rs. 500/- Per Day
13 PENAL CHARGES
(a) Drawals Against Cheques Presented in Clearing (Maximum Rs. 5 Lakh as Approval from GM)
i) Savings A/c 21% p.a.
ii) Current, CC, OD, SOD/ OD-GOLD/ SOD/ NSC/ KVP8LIC/ STFF OD 21% PA
14 CASH HANDLING CHARGES
i) Upto 50000/- NIL
ii) Above 50000/- Rs.10 /- Per Bundle

Special Note

  •   Charges to be born by borrower for:
    •   Valuation of movable and Inmovable property from Bank's Approval
    •   Obtention of clearance report from advocate on Bank's Approval Panel
    •   Registration of charges with Office of sub register (Whenever Applicable)
    •   Registrtaion of charges with ROC(Whenever Applicable)etc, to be born by borrower
    •   Stamping charges for execution of document
    •   Creation of charge on asset to be charged to the bank etc.
  •   Premium for property or assets charge to the bank to be born by borrower
  •   Inspection/ Visit charges will be applicable plus actual out of pocket expenses to be recovered from borrower
  •   Credit Information report charges(For furnishing copy of credit information report obtain from CIC to the applicant, at his request: Rs. 50
  •   CERSAI registration charges: As per Annexure 1

Annexure I.

CERSAI Fee Chargable as specified in Table Rule 7(All charges are excluding GST)
Sr No Nature of Transaction To Be Register Rule Form CERSAI Amount of Fee Payable Charges to be collected By Bank
1 Particulars of creation or modification of security interest by way of mortgage by deposit of title deeds. sub-rule (2) of rule 4. Form I any subsequent modification ofsecurity interest for a loan above Rs.5 lakh.for a loan up to Rs.5 lakh,the fees would be Rs.50 for both creation and modification of security. Rs.100/-
2 Particulars of creation or modification of security interest by way of mortgage of immovable property other than by deposit of title deeds. sub-rule (2A) of rule 4 Form I NIL Rs.50/-
3 Particulars of creation or modification of security interest in hypothecation of plant and machinery,stocks,debt including book debt or receivables,whether existing or future. sub-rule (2B) of rule 4 Form I Rs.100 for creation and for any subsequent modification of security interest for a loan above Rs.5 Lakh. Rs.100/-
4 Particulars of creation or modification of security interest in intangible assets,being know-how,patent,copyright,trade mark,licence,franchise or any other business or commercial right of similar nature sub-rule (2C) of rule 4 Form I Rs.100 for creation and for any subsequent modification of security interest for a loan above Rs.5 Lakh.for a loan above Rs.5 lakh.for a loan up to Rs.5 lakh,the fees would be Rs.50 for both creation and modification of security. Rs.100/-
5 Particulars of creation or modification of security interest in any under construction residential or commercial building or a part there of an agreement or instrument other than by mortgage. sub-rule (2D) of rule 4 Form I Rs.100 for creation and for any subsequent modification of security interest for a loan above Rs.5 Lakh.for a loan above Rs.5 lakh.for a loan up to Rs.5 lakh,the fees would be Rs.50 for both creation and modification of security. Rs.100/-
6 Particulars of satisfaction of change for security interest filed under sub-rule(2)and (2A)to (2D)of rule 4 Sub-rule (2),(2A),(2B),(2C),(2D)of rule 4. Form II NIL Rs.50/-
7 Particulars of Securitization or reconstruction of Financial assets. - Form III Rs.500/- Rs.250/-
8 Particulars of satisfactio of securitization or reconstruction transactions. - Form VI Rs.50/- Rs.100/-
9 Any application for information recorded/ maintained in the Register by any person. - Rs.10/- Rs.50/-
10 Any application for condonation of delay up to 30 days Sub-rule(2)of rule 5. - Not exceeding 10 times of the basic fee,as applicble. Rs.500/-

Charges for EVM Repay Chip CARD & IMPS

,
Charges Head Charges for EVM Rupay chip Card
Annual Fee Rs.150/- p.a plus GST
Additional Card Rs.150/- per card plus GST
Replcement of A Loss Debit Card Rs.150/- p.a plus GST
Our BANK ATMs Cash Withdrawal/Balance Enqiry FREE
ATM Cash Withdrawal Rs.20/- per transaction.
ATM Balance Enquiry Rs.10/- per enquiry
ATM transaction declined charges:Only for insuffcient funds( when used at other bank's ATMs) Rs.10/- per transaction
Daily Card Limit(Cash Withdrawal+POS+Online) Rs.25000/-
ATM Cash Withdrawal Limit Per Day Rs.25000/-
Purchase Transaction Limit Per Day (POS & Online) Rs.25000/-(Provided there is no ATM transaction during that particular day)
Cash at POS transactions Upto 1% of the transaction amount plus GST
Other Banks ATM
a)Cash Withdrawal/Balance Enquiry/Cash at POSFirst Three transactions(Financial and Non-Financial)* are free per calendar month in the six metro centers and adjoining areas viz.Mumbai,Navi Mumbai,Thane,New Delhi,Gurgaon,Noida,Ghaziabad,Faridabad,Chennai,Kolkata,Howrah,North and South,24 Parganas,Bengaluru and Hyderabad.Existing free limit of First Five transactions (Financial and Non-Financial)*per Calendar month will be applicable to customer transacting in Non-Metros,Non Financial transaction will be charged at Rs.10/-plus GST.
)Other banks ATM for Current A/c holders
a) Cash Withdrawal Balance Enquiry /Cash at POS All transactions are chargeable. Financial transaction will be charged at Rs.20/-plus GST Non-Financial transaction will be charged at Rs.10/- plus service tax and education cess.
IMPS Limit/Charges
IMPS Fixed Limit IMPS Transaction Charges Rs.2,00,000 per day Rs.5/- per transaction
Other banks ATM for POS,E-Com
a)for transactions up to Rs.2000/- 0.15%
b)for transactions greater than Rs.2000/- 0.65%


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