Service Charges

Revised w.e.f. 01/08/2015

SR TYPE OF SERVICE
1 INWARD Cheques for COLLECTION [ Per cheque ] Rs.1.15 Per Rs.1000/-(Minimum Rs.10/-) + Rs.25/- Postage + D.D Charges As Applicable
2 OUTWARD Cheques for COLLECTION [ Per Cheque] (1) Up to Rs.5000/- Rs.25/- (Including Postage )
(2) Rs.5001/- to Rs.10000/- Rs.1.15 Per Rs.1000/- + Postage Rs.25/- [ Minimum Rs.35/- & Maximum Rs.50/-]
(3) Rs.10001/- to Rs.1/- Lac --> Rs.1.15 per Rs.1000/- + postage Rs.25/- (Maxium Rs.100/-)
(4) Rs.1/- Lac & above. Rs.1.15 Per Rs.1000/- + postage Rs.25/- (Maximum Rs.150/-)
3 Documentary Demand / Doc. Ussance Bills for collection Rs.0.30 per Rs. 100/- [Minimum Rs. 20 /-] Per Bill + Rs. 25 /- Postage
4 INWARD Cheques RETURN / ECS DEBIT RETURN CHARGES  
  CD/CC/OD SAVING A/CS [Cheque / ECS] Interest @ 15.00 % Minimum Rs.50/-
5 OUTWARD CHEQUE RETURN  
  CURRENT A/C. Rs.50/-
  C/C / O/D A/C Interest @ 12.50 % Minimum Rs.50/-
  LOAN A/C (Chq./ ECS RET.) Rs.100/-
  SAVINGS A/Cs Nil
6 CHEQUE BOOK ISSUE  
  SAVINGS A/Cs. 48 Cheque free p.a. if Minimum Average Balance
More than Rs.1000/- per quarter other wise Rs.1/- Per Cheque
  CURRENT / CC / OD A/C. Rs. 1/- Per cheque
7 MICR CLEARING CHARGES NIL
8 DEMAND DRAFTS  
  HDFC BANK CHEQUES (1)Upto Rs.25000/-Rs10/- (2) Rs.25001/- to Rs.100000/- Rs.25/- (3)Above Rs.100000/- RS.50/-
  SBI DDs Upto Rs.5000/- Rs.25/-
(2) Rs.5001/- to Rs.10,000/- Rs.41/-
(3) Rs.10,001/- to Rs.1,00,000/- Rs.3/- per thousand [Minimum Rs.51/-]
(4) Above Rs.1,00,000/- Rs.3/- per thousand (Minimum Rs.306/- and Maximum Rs.12733/-
9 PAY ORDER (1) Upto Rs.25000/-Rs10/-
(2) Rs.25001/- to Rs.100000/- Rs.25/-
(3) Above Rs.100000/- RS.50/-
10 ELECTRONIC PRODUCT Charges  
  OUTWARD TRANSACTION  
  (i) RTGS (Above Rs.2/- Lac) waived
  (ii) NEFT waived
  INWARD TRANSACTION  
  (i) RTGS Nil
  (ii) NEFT Nil
  (iii) ECS Nil
11 CASH CHARGES (1) Upto Rs.20000/- Nil
(2) Above Rs.20000/- Rs.6/- per Rs.10000/-
12 FI CHARGES (a) Rs. 500/- for Individual & Rs.1000/- for Firm /Companies. - In all categories of Advances except Loan/O/d. agst. Govt. Sec., FDR , LIC Policy, Shares, Gold Loan etc. [ For Increase of Limit no F.I. Charges.]
13 INCIDENTAL CHARGES  
  FOR CD/CC/OD A/Cs Rs. 0.90 per entry [ Minimum Rs.75/- Half Yearly ]
  FOR SAVINGS A/Cs Nil
14 BANK GUARANTEE * [ When Issued by our Banks Only ]
  (i) PERFORMANCE Rs.2.00/- per Rs.100/-p.a or part there on quarterly basis+ Rs.100/- issue charge
  (ii) FINANCIAL  Rs.2.75/- per Rs.100/-p.a or part there on quarterly basis + Rs.100/- issue charge
  (iii) WITH 100% CASH MARGIN Rs.0.75/- per Rs.100/-p.a or part there on quarterly basis + Rs.100/- issue charge
15 LETTER OF CREDIT * [ When Issued by our Banks Only ]
  Particulars Commission Rates
  LC Opening Charges / Commitment charges 0.15% per quarter, with minimum of one quarter and beyond one quarter 0.05% per month or part thereof
  Usance Charges  
  a) Sight Bills 0.15% flat rate per bill
  b) Usance upto 3 months 0.30% Minimum
  c) Usance beyond 3 months 0.30% Minimum + 0.10% per month for the period beyond 3 months
  Opening / Commitment + Usance Charges As above with Minimum of Rs. 2000.00
  Retirement of bills under LC Rs. 500.00 flat per bill
     
       
     
16 LOCKER RENT One Year Two Year Three Year
  SIZE A RS 865/- RS 1655/- RS 2370/-
  SIZE B RS 1155/- RS 2205/- RS 3160/-
  SIZE C RS 1205/- RS 2310/- RS 3305/-
  SIZE D RS 1460/- RS 2780/- RS 3990/-
  SIZE E RS 1815/- RS 3465/- RS 4965/-
  SIZE F RS 2255/- RS 4305/- RS 6175/-
  SIZE G RS 2310/- RS 4410/- RS 6325/-
  SIZE H RS 2970/- RS 5670/- RS 8130/-
  SIZE L RS 4510/- RS 8615/- RS 12345/-
17 MISCELLANEOUS CHARGES  
  (i) GODOWN INSPECTION CHARGES
(HALF YEARLY)
For C.C. Stock & Book-debt Limit 
(1) UPTO RS.10/- Lacs - Rs.100/-
(2) Above RS.10/-Lacs -  Rs.200/-
  (ii) INSPECTION CHARGES Rs.100/- For Machinery Loan, Instrument loan, Housing Loan, Property Loan, Vehicle Loan etc.
  (iii)SIGNATURE VERIFICATION RS.25/-
  (iv)STOP PAYMENT INSTRUCTION  
CHARGES
RS.25/-
  (v)ACCOUNT CLOSURE Rs.50/- If Closed Within a year.
18 CHARGES FOR NON-MAINTENANCE
of Minimum Monthly Average Balance
 
  SAVINGS / Current  A/C  
  [ For SB Minimum Bal. Rs.1000/-] Nil
  [ For Cur Minimum Bal. Rs.2000/-] Nil
19 Issue of Solvency Certificate (1) upto Rs.1 Lac - Rs.100/-
(2) Above Rs. 1 Lac to Rs.10 Lac - Rs.200/-
(3) Above Rs.10 Lacs - RS.500/-
20 ATM Charges Upto 5 transaction per month - Nil
Above 5 transaction - Per transaction Rs.25/-
View statement - Nil
* Bank Guarantee and L/cs issued by other Bank charges will be applicable as per respective Bank's norms