Service Charges and Fees

 

Note: The said charges & fees are subject to revision/change from time to time without any notice.

The service charges are effective from 01/05/2009.

 

Savings Bank Account Charges

Duplicate Statement 

 Per Page

Rs.2/-

Duplicate Passbook

 

Rs.15/-

Mode of calculation of minimum balance

Day End Balance

  

Account closer charges

Within 1 Year 

Rs.15/-

Inoperative account

 Per Year

Rs.20/-

Incidental Charges

No transaction in account for consecutive six months

Rs.20/- P.A.

Minimum balance

With 
Cheque Book 
Rs. 1000/-

Without 
Cheque Book 
Rs. 500/-

If minimum balance is not maintained then Incidental Charges

  

Rs.20/- P.A.

 

Remittance Facilities through our Bank 

Demand Draft (DD) / T.T.

 Per Rs.100/- or part thereof

10 Paise

+ Min. Telephone Charges Rs.5/- Per TT

PO/DD-Cancellation

  

Nil

PO/DD-Duplicate

 

Regular PO/DD Issue Commission

PO/DD-Revalidation

 

Nil

Cheque Discounting & O.B.C. Commission

Up to Rs.1000/- 

Rs.5/-

Rs.1001 to Rs.5000/-

Rs.50/- 
+ Service Tax

Rs. 5001 to Rs.10000/- 

Rs. 25/-

Rs.10001/- to Rs.100000/-

Rs.100/-

 + Service Tax 
 

Above Rs.100000/-

Rs.150/- 

+ Service Tax 

Collection of cheques through other bank

 

As above + other bank charges

Services through other banks

DD-Issue 
on other banks

MSC Bank Mumbai 
Per Rs.100/- or part thereof

20 paise

Min. Rs.5/- 

 

ICICI/SBI/HDFC Bank 
Per Rs.100/- or part thereof

15 paise

Min. Rs.5/- 

DD-Cancellation

  

Rs.55/-

DD-Duplication

 

Regular DD Issue Commission

Bouncing Of Cheque

Local

Inward Clearing 

Rs.50/-
Per Cheque

Outward Clearing 

Rs.25/-
Per Cheque

Bouncing of cheques outstation through our bank

Up to Rs.1000/-  

Rs.5/-

Rs.1001 to 5000/- 

Rs.15/-

Rs.5001 to 10000/- 

Rs.25/-

Above Rs.10000/- 

Rs.2/- Per Thousand + Postage Actual.

Through another bank

 

As above + other bank charges.

Loan Charges

Processing Charges

Up to 
Rs.1 Lac 

Rs. 100/-  

Above 
Rs.1 Lac 
to 2 Lacs

Rs. 200/-

Above 
Rs.2 Lacs 
to 3 Lacs  

Rs. 300/-

Above 
3 Lacs 
to 4 Lacs 

Rs. 400/-

Above 
4 Lacs 
to 5 Lacs 

Rs. 500/-

Above 
Rs. 5 Lacs

0.50% 
 

No charges for fixed deposit loans, gold loans, cash credit renewal. 
Enhanced CC-Charges only for enhanced amount.

Prepayment Charges

Nil

No due certificate

Rs.10/-

Solvency Certificate

0.10% 
Min. Rs.500/-

Charges for late payment of EMI

Rs.1per day 
per thousand

Loan Application Fee

For Govt. Securities, Gold Loan, Cheque Discounting & T.O.D.

All other loans excluding Fixed Deposit & Pigmy Loan

Rs.10/-

 

Rs.25/-
   

Other Charges

I.B.C. Commission

 

Rs.2/- Per Thousand + Actual Postage 

Free Delivery of I.B.C. 

Per Document

Rs.20/-

Incidental -

No transaction in account for consecutive six months in Current & Pigmy A/cs 

Rs.20/- P.A.

Current A/c - Minimum balance

 

If minimum balance is not maintained then Incidental Charges

 

Rs. 2000/-

 

 

 

 

Rs.20/-P.A.

Cheque Book Charges

Current & Cash Credit Loan A/c

Only First Book: Free 

 

Rs. 20/- per book (1 book contents 20 cheques)

Statement of A/c on Computer Printout (Hard Copy)

  

Rs.5/- per page

Duplicate Passbook

  

Rs. 15/-

Solvency Commission

  

0.10% on solvency amount

or Min. Rs. 500/-

Bank Guarantee Commission

  

2% for every hundred P.A.

RTSG Charges from 15/07/2009

Inward 

T.T. Charges Rs. 25/- 

For Every Transaction between Rs. 1 Lac to Rs. 5 Lacs

Rs. 25/- + Service Tax+ Fax Charges+T.T. Charges Rs. 25/-

For Every Transaction above Rs. 5 Lacs

Rs. 50/- + Service Tax+ Fax Charges+T.T. Charges Rs. 25/-

Cash deposit handling charges for RTGS

Rs. 1/- per packet

NEFT Charges  from 15/07/2009

Inward 

T.T. Charges Rs. 25/- 

For Every Transaction upto Rs. 1 Lac

Rs. 5/- + Service Tax+ Fax Charges+T.T. Charges Rs. 25/-

For Every Transaction above Rs. 1 Lac

Rs. 25/- + Service Tax+ Fax Charges+T.T. Charges Rs. 25/-

Cash deposit handling charges for NEFT

Rs. 1/- per packet