Service Charges

Revised w.e.f. 01/06/2018

SR TYPE OF SERVICES                      [ All Serices charges are Exclusive GST]
1 INWARD Bills  for COLLECTION [ Per Bill ] Rs.1.15 Per Rs.1000/-(Minimum Rs.10/-) + Rs.25/- Postage + D.D Charges As Applicable
2 OUTWARD Bills for COLLECTION [ Per Bill ] (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 Syndicate ASBA rejection charges [ Per Application] Rs.300/-
4 Documentary Demand / Doc. Ussance Bills for collection Rs.0.30 per Rs. 100/- [Minimum Rs. 20 /-] Per Bill + Rs. 25 /- Postage
5 INWARD Cheques RETURN / ECS DEBIT RETURN  
  CD/CC/OD SAVING A/CS [Cheque / ECS] Interest @ 15.00 % Minimum Rs.100/-
6 OUTWARD CHEQUE RETURN  
  CURRENT A/C. Rs.50/-
  C/C / O/D A/C Interest @ 13.25 % Minimum Rs.50/-
  LOAN A/C (Chq./ ECS RET.) Rs.100/-
  SAVINGS A/Cs Nil
7 CHEQUE BOOK ISSUE  
  SAVINGS A/Cs. 48 Cheque free p.a. if Minimum Average Balance
More than Rs.1000/- per quarter other wise Rs.2/- Per Cheque
  CURRENT / CC / OD A/C. Rs. 2/- Per cheque
8 MICR CLEARING CHARGES NIL
9 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/-
10 PAY ORDER (1) Upto Rs.25000/-Rs10/-
(2) Rs.25001/- to Rs.100000/- Rs.25/-
(3) Above Rs.100000/- RS.50/-
11 ELECTRONIC PRODUCT Charges  
  OUTWARD TRANSACTION  
  (i) RTGS (Above Rs.2/- Lac) Nil
  (ii) NEFT

Nil

  INWARD TRANSACTION  
  (i) RTGS Nil
  (ii) NEFT Nil
  (iii) ECS Nil
11 SMS Charges  
  (i) Saving A/c. Rs.3/- Per Quarter
  (ii) Current / CC A/c. Rs.6/- Per Quarter
12 CASH CHARGES (1) Upto Rs.20000/- Nil
(2) Above Rs.20000/- Rs.6/- per Rs.10000/-
13 FI CHARGES

Precessing Fees for New Customer as under :-                [w.e.f. 01/05/2018]

(1)  Minimum Rs.500/- for Advances up to Rs.2/- Lac

(2) Rs.2000/- for Advances Above Rs.2/- Lac and upto Rs.10/- Lac

(3) 0.20 % on Advances above Rs.10/- Lac.

Maximum Rs.100000/- (Including CIC Charges]

No Processing Fee for OD Agst. FDR, Loan/OD agst. Govt. Securities, LIC and Demat Shares

 

14 INCIDENTAL CHARGES  
  FOR CD/CC/OD A/Cs Rs. 0.90 per entry [ Minimum Rs.150/- Half Yearly ]
  FOR SAVINGS A/Cs Nil
15 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.2.25/- 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 (a) BANK GUARANTEE * [ When issued through Other Bank]
  (i) PERFORMANCE and FINANCIAL Rs.2.75/- per Rs.100/-p.a or part there on quarterly basis+ Rs.575- issue charge [Minimum 1 Quarter]
  (ii) WITH 100 % CASH MARGIN 0.69/- Per Rs.100/- p.a. or part there on quarterly basis +Rs.575/- issue charge [ Minimum 1 Quarter]
16 LETTER OF CREDIT * [ When Issued by our Banks Only ]
  Particulars Commission Rates

1

 

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
2 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
3 Retirement of bills under LC Rs. 500/- flat per bill
4 Amendment of LC Rs.1000/- flat rate for each ammendment
 
5 SWIFT/SFMS chargs for New LC Rs.300/- flat per bill  
6 SWIFT /SFMS charges for amendments Rs.250/- flat per bill
7 Receipt of discrepant Documents Rs.1000/- flat rate for each amendment
     
17 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/-
18 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.
19 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
20 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/-
21 ATM Charges Upto 5 transaction per month - Nil
Above 5 transaction - Per transaction Rs.25/-
View statement - Nil
22

Dormant A/c. [For Saving and

current A/c.]

Rs.50/- per A/c.
23 Demat Charges Demat Charges will be available in Demat Sections
* Bank Guarantee and L/cs issued by other Bank charges will be applicable as per respective Bank's norms