Fees and Service Charges

Sl. No.

Description of Service

Rates/Charges

I

Charge of check book

The first one check book with 10 checks in all accounts will be free and then charge of Rs. 2.50 per check leaf. Check book will be free for employees and retired employees. The check book for the current account will be free to all customers.

II

Charge for duplicate pass book

Rs.50

III

Charge of Ledger Folio

(a)

Current Account/Overdraft/Cash Credit

Rs.100 / - (Annual) +
Rs.10 / - per additional sheet.
(30 entries per sheet‌)

IV

Check return charges

(a)

Local check return charge

Rs.150/-

(b)

O. B. C. Return charge

Rs.150/-

(c)

ECS Debit / Inward Check Return Charges

With Rs.300 / - per check / ECS debit returned from our account

V

Stop Payment Instruction

Rs 200 per check. A maximum of Rs.500 in one time.

VI

DD / Pay Order Commission

(a)

Up to Rs.1000

Rs.30

(b)

From Rs.1001 to Rs.10000

Rs.40

(c)

From Rs.10001 to Rs.100000

Rs.40 up to Rs. 10000 +
For every ten thousand rupees above ten thousand rupees Rs.5 each

(d)

Above one lakh rupees

Rs.85 - up to Rs. 100000 +
For every thousand rupees above one lakh rupees Rs.1 each

VII

Commission on OBC, Inward Bills and DBC

(a)

For amounts up to Rs.10,000

Rs.100

(b)

From Rs.10000 up to Rs.10 lakhs

Rs.8 for every 10000 rupees or its part (minimum Rs.100)

(c)

Above Rs.10 lakhs

Rs.7 for every 10000 rupees or its part (minimum Rs.892, maximum Rs.15000 )

VIII

Commission for Bank Guarantee

Minimum Rs.2000 (for 3 months)

IX

Charge of Check discounting

Rs.100 + OBC Commission +
Penalty interest applicable to overdraft

X

Loans and advances

1

Cost of Application form

Rs.100
(Free for investment loans and gold loan)

2

Rates for Loan processing

0.20% of the loan amount.

3

To repay the loan before the due date

There are no charges if you pay from your own source after 2 years.
1% of the outstanding balance if paid from own sources 2 years ago.
If closed by acquisition by other banks : 2% of the outstanding balance.

Charge of credit score

Rs.100

Inspection rate of loan collateral items

Actual costs

XI

Others

1.

Duplicate DD charge

Rs.100

2.

DD re-evaluation

Rs.100

3.

DD Cancellation

Rs.100

4.

Security Deposit Receipt (EMD)

Nil

5.

Termination of Account
(account clossing)

1.Current Account

Rs.250

2.Savings Bank Account

Rs.100

6.

Recurring Deposit –
Penalty interest

2% (per month) for arrear installments

7.

For duplicate of investment receipt

Rs.100

8.

Certificate showing no arrears

Rs.100

9.

Certified or non-certified photocopy of documents or other old records

A minimum of Rs 50 for any document up to 5 pages and Rs.5 for each extra page

10.

Solvency / Capability Certificate (for customers only)

0.10% of the solvency certificate amount.
Minimum amount Rs.1000 / - and maximum amount Rs.10000 / - per certificate

11.

Notice Charge

Rs.30 for ordinary notice.
Rs.75 per registered notice.
If not these then the actual cost.

12.

Commitment Charges (OD / CC)
20 lakhs and above

If the average 50% of the withdrawal limit was not used, 0.25% of the difference between the withdrawal limit and the balance in the account.

13.

In case of loss of  token of gold mortgage loan

Rs.50

14.

If various statements are specifically required

The first statement will be free. Thereafter Rs.10 per page for individuals and Rs.20 for others.

15.

Premature closing charges for deposits collected by collection agents

Premature closing up to 6 months

Premature closing charge Rs.100 + GST
(Until then, the commission + GST paid to the collection agent for the collection of the said deposit will be deducted from the deposit. No interest will be paid on such closing deposits.)

Premature closing after 6 months to 1 year

Premature closing charge Rs.100 + GST
(No interest will be paid on such closing deposits. Until then, the commission paid to the collection agent for the collection of the said deposit will not be deducted from the deposit.)

16.

Renewal rates for all types of           CC / OD

Equivalent to processing charge.

17.

To issue Credit Opinion,Report and Liability Certificate to other banks as per customer requirement

At least Rs.150 per application + GST

18.

Penalty for late payment of locker rent

2% of outstanding locker rent (Monthly)

19.

EMD within one month of deposit. Cancellation rate

Rs.100

20.

Charge of Locker opening

Free 4 times a month. At Rs.50 for each subsequent opening

21.

Charges for the Break open of the locker in case you lose the key

Rs 1000 +  The actual cost of breaking the locker and fitting the new lock

22.

Locker security deposit.

Minimum 3 years locker rental and break open charges. (But not mandatory for existing locker tenants)

23.

Copy of the payment issued cheque

Rs.50

24.

When secure custody of the gold loan packet is required after the gold loan amount has been repaid in full.

Rs.100 per month (minimum Rs.100)

25.

Gold auction rate

Up to Rs.25000

Rs.50 + Actual cost

From Rs.25001 to 50000

Rs.100 + Actual cost

From Rs.50001 to 100000

Rs.250 + Actual cost

Above Rs.100000

Rs.500 + Actual cost

26.

ATM Charge

5 ATM transactions in a month for free. The bank will charge for financial and non-financial transactions above 5 transactions. (at the rate paid by the bank to NPCI).

27.

All other costs and rates not specified in this chart

Actual cost