Nature of Service

Revised                                              (w.e.f. 01-10-2012)

 Cheques for Collection

a) Rs.500/- to Rs.5000/- Rs.25/- per instrument

b) Above Rs.5,000/- upto & including Rs.10000/- Rs.50/- per instrument

c) Above Rs 10000/-upto & including Rs. 1 lac                Rs. 100/-

d) Above Rs. 1 lac Rs. 150/- per instrument

Note For collection between our bank and other banks, the commission will be shared on 50:50 basis i.e. each branch will charge 50% of the stipulated commission / service charges at its end

Note:  Postage charges Rs 15/- ordinary & Rs 35/-/ Courier Charge/Registered

Remittances (DD/TT/MT) (charges Per remittance)

Upto Rs.10000/-

Non Individuals- Rs.50/-

Individuals (Non rural )- Rs.40/-

Individuals (rural )- Rs.30/-

above Rs.10,000/- upto Rs.50,000/-

 Non Individuals- Rs.200/-

Individuals (Non rural )- Rs.175/-

 Individuals (rural )- Rs.150/-

Above Rs.50,000/- upto Rs.1 lac Rs. 4.00 per Rs.1000/-(Min.Rs. 225/-

Above Rs.1 lac → Rs. 3.50 per Rs.1000/-(Min.          Rs. 400/-Max.Rs.30000/)

Note: In case of DD issued against cash

Upto Rs.10000/-

Non Individuals- Rs.75/-

Individuals (Non rural )- Rs.70/-

Individuals (rural )- Rs.45/-

above Rs.10,000/- upto Rs.50,000/-

 Non Individuals- Rs.300/-

Individuals (Non rural )- Rs.265/-

Individuals (rural )- Rs.225/-

Remittances (RTGS) (charges per remittance)

 Irrespective of the amount 

Upto Rs 2 lac NA

Above Rs 2 lac upto Rs 5 lac    Rs 25/-

Above Rs 5 lac    Rs 50/-

In ward →  NIL

Note: Minimum amount of transaction for RTGS is Rs. 2 Lakh

Bankers’ Cheque / Pay Order

Upto Rs.10000/-

Non Individuals- Rs.50/- per instrument

Individuals (Non rural )- Rs.40/- per instrument Individuals (rural )- Rs.30/- per instrument

above Rs.10,000/- upto Rs.50,000/-

 Non Individuals- Rs.150/- per instrument

Individuals (Non rural )- Rs.140/- per instrument Individuals (rural )- Rs.125/- per instrument

Above Rs.50,000/- upto Rs.1 lac Rs. 4.00 per Rs.1000/-(Min.Rs. 200/-

Above Rs.1 lac → Rs. 3.50 per Rs.1000/-(Min.          Rs. 350/-Max.Rs.10000/)

Note: In case of Bankers’ Cheque / Pay Order issued against cash

Upto Rs.10000/-

Non Individuals- Rs.75/-

Individuals (Non rural )- Rs.60/-

 Individuals (rural )- Rs.40/-

above Rs.10,000/- upto Rs.50,000/-

 Rs300/-

 Note: The Banker’s cheques /Pay-Orders will be issued to parties within the limits of a center and

they will be made payable within that center only. Demand Drafts should not be issued which would be payable at the same center except for the purpose of payment of fees by students / job application fees / payment of Government dues etc. Branches may issue Demand Draft in lieu of Banker’s cheque / Pay Order for local payment on account of Government dues. Service charges as applicable to issue of Pay Order will be levied for issuing such Demand Draft

National Electronic Funds Transfer (NEFT) / Electronic Funds Transfer (EFT)

Outward:

1. Upto Rs.10,000/- →Rs. 3/- per transaction

2.  Above Rs.10,000/- upto Rs.1,00,000/-→Rs. 6/- per transaction

3.  Above Rs.1,00,000/- upto Rs.2,00,000/-→Rs. 17/- per transaction

4.  Above Rs.2,00,000/- →Rs. 28/- per transaction irrespective of the amt.

Inward : NIL

Electronic Clearing System (ECS)

Credit Clearing (per entry/ item):

Non Individuals Nil

NCC Clearing House – No charge

Destination Bank – No charge

Sponsor Bank –Rs. 5.50 (Min. Rs. 2500/-)

Debit Clearing (per entry/ item):

NCC Clearing House – No charge

 Destination Bank – No charge

Sponsor Bank –Rs. 4.00 (Min.Rs.2500/-)

Issue of duplicate DD/ Bankers Cheque

Non Individuals:    Rs. 100/- per instrument

Individuals:             Rs.100/- per instrument

Revalidation of DD/PO/ Bankers Cheque

Non Individuals:   Rs. 100/- per instrument

Individuals:         Rs. 100/- per instrument

Cancellation of DD/PO/ Bankers Cheque

Non Individuals:      Rs.100/- per instrument

Individuals:                  Rs. 100/- per instrument

(Out of pocket expenses, postages, if any, to be recovered in full)

NOTE: For DDs cancelled, charges may be recovered to the extent of their value, if the amount is less than or equal to Rs.100/- .

Duplicate Statement / Pass Book

Non Individuals:   Rs. 75/- per Pass Book (with latest balance)

Individuals:    Rs.60/- per Pass Book (with latest balance)

Duplicate Statement of current month – No charge

Stop Payment instructions

Non Individuals:        Rs. 150/- per instrument (All Centres) Max. Rs 500/- per occasion.

However, for the loss of cheque book charges are: S/B - Rs. 280

Individuals:        Rs.100/- per instrument (All Centres) Max. 300/- per occasion

 However, for the loss of cheque book charges are: S/B Rs.200

C/D, C/C, O/D - Rs. 600/- (flat) are to be recovered. In the above case, the service charges for return of cheques may not be recovered. Otherwise it would amount to double charging

Standing Instructions

Rs. 50/- per transaction involving credits to another account other than those of customers within the same branch. If the transaction involves upcountry centers, remittances charges at the prescribed rates and the actual postages to be recovered additionally. Charges to be levied to the account from which the amount is transferred.

Note: Even if the standing instructions could not be carried out for insufficient balance in the account the charge of Rs.50/- is to be levied. However, standing instructions in respect of the following should be carried out free of charge:

i)           Crediting /Remitting interest in Term Deposit.

ii)          Crediting/Remitting Recurring Deposit installments.

iii)         Crediting/Remitting installments in Loan a/c

Issue of cheque books

MICR cheques →Rs. 3/- per cheque leaf at the time of issue. (All centres)

Non-MICR cheques →Rs. 2/- per cheque leaf at the time of issue of Non-MICR chequebook. (All centres)

However, for S/B a/cs of individuals, 50 cheque leaves per calendar year will be free

Handling charges for cheques returned unpaid (including cash / transfer cheques) / bills returned unpaid

Cheque returned unpaid:

Local cheques :  Rs. 150/-  per instrument for financial reason & Rs 100/-  per instrument for other reason

Out Station Cheques:

50% of prescribed collection charges subject to min. Rs.150/-

Bills returned unpaid :

Local& Outstation Bills:

50% of prescribed collection charges subject to min.Rs.200/- Out of pocket expenses/post and telegraph charges, if any, should be recovered.

Minimum balance charges

C/D - Quarterly Avg Balance

Individual – Rs. 5000/-

Other than individual –Rs. 10,000/-

Penal Charges for CD accounts of Non Individuals & individuals  Rs. 300/- per Quarter

SB A/cs 

With cheque book –        Rs. 500/- (Penal charges Rs.30/- per month)

Without cheque book –    Rs. 100/- (Penal charges Rs.15/- per month)

Pensioners:

With Cheque book –        Rs. 100/- 

Without cheque book – Rs. 10/-

Penal charges for pensioners:

With cheque book - Rs. 10/- p.m

Without cheque book - Rs. 5/- p.m

Ledger Folio used in CD/OD/CC A/cs

Rs. 75/- per Ledger folio. Free ledger folios allotted per year.

Subject to:

Avg. credit Balance (p.a.)   → Free folios

Up to Rs. 25,000                →  Nil

Above Rs.25,000/- up to Rs.50,000/- →  3

Above Rs.50,000/- up to Rs.1 lac      →   5

Above Rs.1 lac up to Rs. 2 lacs         → 10

Above Rs. 2 lacs                                → All

(For accounts maintained on  computer 40 entries or part thereof to be treated as one ledger page.)

Note: No folio charges for → Saving Bank A/cs

Attestation of customer’s signature

Non Individuals- Rs.70/- per signature

Individuals (Non rural )- Rs.60/- per signature Individuals (rural )- Rs.40/- per signature

Closure of Account within 12 months

Non Individuals- Rs.200/-

Individuals- Rs.200/- per

Additionally, the charges for consumption of folios should also be recovered as per the scale of charges applicable

Issuance of any other certificate e.g. Nodues, Balance Confirmation Maintenance of Account, etc

S/B →Rs. 100/-  per certificate

For business purposes →Rs. 150/- per certificate.

For agricultural purpose →No Dues Certificate / N.O.C. to be issued free of cost as per RBI guidelines

Collection of Bills

Upto Rs 10000/-- Rs 200/-

Above Rs 10000/-& upto RS 1.00 lac@ Rs 15 per thousand min Rs 200/-

Above Rs 1 lac – Rs 12/- per thousand min Rs 1500/- plus out of pocket expenses

Presentation of Usance Bills for acceptance.

Rs. 200/- per bill

(Presently item No. 20 and 21 related to Bills are Not Applicable in our  Bank)

Enquiry of Old entries

RS 200/- per item, older than six months, subject to availability of records (more than 12 months old)

Loss of Token

Rs.100/- from the customer’s a/c who has lost the token

Solvency Certificate

For Individuals

Up to Rs.1,00,000/-   Rs.200/-

Above Rs 1 Lakh to RS5 Lakh   Rs.500/-

Above Rs 5 Lakh  Rs.1000/-

For non individuals Rs 250 per Lakh or Part thereof Min Rs 500/- Max Rs 5000/-

Addition / deletion of names in joint accounts / Nominations /Change in operational instructions (including Lockers) first nomination will be free

Rs.25/- per occasion

Penal charges for late payment of installments in Recurring Deposits.

a) Deposit tenure up to 5 years:

@ Rs.2/- for every Rs.100/- p.m.

b) Deposit tenure above 5 years

@ Rs.3/- for every Rs.100/- p.m

Pledging/ Releasing charges of term deposit receipt in favour of other institution 

Rs.50/- per receipt per occasion

Rentals of Safe Deposit Vault Lockers

For Public:  Rs.800/- per year

For Staff: Rs.550/- per year

New locker rentals would be applicable from the date of renewal. If the locker rent falls in arrears and is paid after the implementation of revised rates, the new/ revised rates will be applicable.

Late fine (From Public):

Rs.15/- per month penalty to be recovered for late payment of Rent.

Issue of Pass Book/ Balance certificate

Issue of pass book-free

Statement- Once in a month-free

Daily/weekly/fortnightly- One statement free

Subsequent statements-RS 100/- for 40 enteries or part thereof

Issue of balance certificate-Rs 100/-

Postal charges

Ordinary Post –Rs 15/- Registered/ courier (inland) –RS 35/-

Inoperative account

If minimum balance not maintained –Rs 100/-

Charge for excess  debit entries in SB

Upto 10 cutomer induced debit enteries a month – free

Beyond 10 debit enteries –Rs 10/- per entry

Cash handling charges for CA/CC Deposit (other than personal banking segment, TDR,RD and Laon customers)

SB accounts –nil

CC/OD/CD Accounts-Upto one bundle (10 packets)- free

Beyond 10 packets: Rs 10 per packet Min Rs 100/- per occasion Max Rs 10000/- per occasion

Photo attestation charges

Rs 100/- per occasion

Record copy of the cheque

Rs 40/- upto 3 months old entries

Rs 100/- for older enteries subject to availability of the instruments

Interest certificate

Once free, additional copies Rs 100/- per copy

Payment of deposit receipts to another bank

Charges applicable for remittances (banker’s cheque/DD) plus postage charges