Service Charges

Service Charges are Exclusive of GST @ 18 % w.e.f. 15^th May, 2023

Sr.No.

Particulars

Service Charges –

Processing Charges on Loan Proposals

On Working Capital C/C, O/D – Business Term Loans – against mortgage of properties – WCOD ( excluding DEPLN and ODFD)

1% on New Sanctioned Limit
0.25% on renewal every year

2.1

Bank Guarantee Commission against Collateral Security

0.75% per quarter with 100% cash margin

2.2

Bank Guarantee Commission against Cash / Fixed Deposit Receipt

0.50 per quarter with 100% cash margin

Letter of Credit – Inland

Not Applicable

Issuance of Solvency Certificate

Upto 1,00,000: Rs.600.00
1.00 lakh to 10.00 lakhs: 0.30% of the amt. Min.Rs.600.00
Above 10 lakhs: 0.20% of the amount Minimum Rs.3000/-

Drawing Against Unclear Effects & TOD in Current Accounts

Savings – NIL
C/C, OD, WCOD, TOD in Current Account – 36% p.a.

Bill Discounting Under Letter of Credit

*In other banks Rs.1250/- handling charges per bill + Rate of Interest for intervening period

Bill Discounting not under Letter of Credit

Not Applicable

Minimum Balance to be maintained

Account Type	Shortfall amount	Percentage
SAVING AC	Shortfall upto 250	5%
	Shortfall upto 500	6%
	Shortfall upto 750	7%
	Shortfall upto 999	7.5%
CURRENT AC	Shortfall upto 1000	7%
	Shortfall upto 2000	8%
	Shortfall upto 3000	9%
	Shortfall upto 3999	10%

9.1

Cheque Book Issue Charges For Savings Account

2 Cheque Books of 15 leaves each free of cost
For additional Rs.3.5/- per leaf + GST i.e. Rs.105.00 for 30 leaves + GST

9.2

Cheque Book Issue Charges For Current/CC/OD/ODDEP

Rs.3.50 per leaf i.e.30 leaves cheque book Rs.105.00+ GST

Outstation Cheque Collection Charges

Upto 10,000/-: Rs.50/-
10,001/- to 1,00,000/-: Rs.100/-
Above 1,00,000/-: Rs.150/-

Plus Other Bank charges if any

Bills Collection Charges

Not Applicable

Cheque Stop Payment Charges – per instrument

Rs.75/- per instrument (Maximum Rs. 300/-)

In case of Loss of full Cheque book or series of cheques / Instruments, the stop payment charges will be

Savings: Rs.300/- Per Instance
Current: Rs.500/– Per Instance

Cheque Returned Charges (Inward)

Savings: Rs.1/- per thousand + Rs. 200/-
Current: Rs.1/- per thousand + Rs. 300/-

Cheque/ECS/ACH Returned Charges (Inward)

Savings: Rs.1/- per thousand + Rs. 200/-
Current: Rs.1/- per thousand + Rs. 300/-

Cheque Returned Charges (Outward)

Savings: Rs. 200/- per instrument
Current: Rs. 300/- per instrument
Term Loan (PDC): Rs. 200/- per instrument

Charges for Bills and outstation Cheque returned

Rs.50% of the applicable collection charges plus Postage and other banks charges if any.

Pay Order / DD Issue Charges

Upto 10,000/-: Rs.30/-
Above 10,000/-: Rs.2.5 per thousand

Issue of Duplicate Pay Order & DD / Revalidation of Pay Order & DD / Cancellation of Pay Order & DD

Rs.100.00 Per Pay Order/DD

Issue of Duplicate Fixed/KTY receipts in case of loss of original receipts

Rs.100.00 per receipt (Necessary formalities to be completed before issue of the receipt/s including obtaining Indemnity Bond)

Standing Instruction Charges (No charges for transferring funds to Recurring deposits/Term deposits/Loan accounts towards the recovery of the Installments)

Rs.100/- per Instructions
Rs.200/- Specific Instructions for transferring funds to another account for honoring Inward Cheque and ECS.+ GST

Ledger Folio Charges for CC/CCHYP/OD/ODDEP/CA To be recovered on quarterly basis

Rs.1/- per entry Minimum Rs.120/-

Issue of Duplicate Balance Confirmation Certificate & Interest Certificate – both Deposit & Advance

Rs.100/- per certificate

Duplicate Pass Book (Saving/RD) or Duplicate Statement

Rs.100/- + Rs.10/- per page

Issue of Duplicate Balance Confirmation Certificate & Interest Certificate – both Deposit & Advance

Rs.100/- per certificate

Charges for closure of AccountWithin 1 year

Savings: Rs.150/-
Current: Rs.500/-

Above one Year- No Charges for all above products.

Charges for Signature & Photo attestation

Rs.100/- per instance

Fate Enquiry(for enquring from drawee bank for uncleared effects)

Rs.100/- per instance

Copy of Old Record

Rs.100/- per instance

Any Other Certificate not covered in this schedule of charges

Rs.100/- per instance

Annual Rent on SDV Lockers

Type A: Rs.1000/-
Type B: Rs.1400/-
Type C: Rs.2000/-

Duplicate Key / Break Open for Lockers

Rs.500/- in additional to the charges levied by the Company

RTGS / NEFT Charges

Upto Rs. 1,00,000: NIL
Rs. 1,00,001 to Rs. 2,00,000: Rs.12/-
Rs. 2,00,001 to Rs. 5,00,000: Rs.18/-
Rs. 5,00,001 to Rs. 25,00,000: Rs.20/-
Above Rs. 25,00,000: Rs.50/-

IMPS Charges

Upto Rs. 1,00,000: Rs.5/-
Rs. 1,00,001 to Rs. 5,00,000: Rs.15/-

35.1

Cash Handling Charges for Cash Withdrawal

Savings
- Home Branch
  - 4 transaction – Nil
  - From 5^th Transaction – Rs. 10/-
- Other Branch
  - 4 transaction – Nil
  - From 5^th Transaction – Rs. 10/-
Current / Overdraft / Cash Credit
- Home Branch
  - Upto Rs. 1,00,000 – NIL
  - Abv. Rs. 1,00,000 – Rs.1.50 per thousand
- Other Branch
  - Upto Rs. 1,00,000 – NIL
  - Abv. Rs. 1,00,000 – Rs.5.00 per thousand

35.2

Cash Handling Charges for Cash Deposit

Savings
- Home Branch
  - Upto Rs. 1,00,000 – NIL
  - Above Rs. 1,00,000 – Rs. 1/- per Thousand
- Other Branch
  - Upto Rs. 1,00,000 – NIL
  - Above Rs. 1,00,000 – Rs. 1.5/- per Thousand
Current / Overdraft / Cash Credit
- Home Branch
  - Upto Rs. 3,00,000 – NIL
  - Abv. Rs. 3,00,000 – Rs. 1.50 per Thousand
- Other Branch
  - Upto Rs. 1,00,000 – NIL
  - Abv. Rs. 1,00,000 – Rs.5.00 per thousand

35.3

Cash Handling Charges for Cash Deposit (Rs. 10, Rs. 20 & Rs. 50 Denomination)

1st Two Packets – Nil
Rs. 20/- per packet per day per account

* Note : 1 packet = 100 notes

Addition/Deletion Name, Name of the Authorized signatory and Nomination change

Individual: Rs.50/-
Institution: NIL
Others: Rs.100/-

ECS Mandate & Signature Verification Charges

Rs.200/-

ATM cum Debit Card Charges

Issuance of new ATM cum Debit Card: First year (No any charges)
Re-Issuance of ATM cum Debit Card: Rs.100/-
Re-Issuance of Pin Mailer: Rs.75/-
Annual Fee: Rs.200/-
ATM Card Un-blocking Charges: Rs.70/-

ATM Card Destroy Charges (after 6 months from ATM Card Issue date)

Rs.100/-

ATM Issuer Transaction Charges (after Free transaction)

Financial Transaction:Rs.21/-
Non-Financial Transaction: Rs.11/-

ATM Issuer Transaction Charges (after Free transaction)

Financial Transaction:Rs.21/-
Non-Financial Transaction: Rs.11/-

Direct and Indirect online tax payments e-tax Filing Return Amount

Tax amount upto Rs.50,000/-:Rs.50/-
Tax amount above Rs.50,000/- to Rs.2.50 lakhs: Rs.75/-
Tax amount above Rs.2.50 lakhs: Rs.100/-