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 01/01/2012.

 

Savings Bank Account Charges

Duplicate Statement 

Per Page

Rs.5/-

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

+ Telephone Charges 

Min. 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

  

for Saving a/cs 

for Except Saving a/cs 

Up to Rs.5000/- 

Rs.25/- + ST

Rs.25/-+ ST

Above Rs.5000 to Rs.10000/-

Rs.50/-+ ST

Rs.50/-+ ST

(ST stands for Service Tax)

Above Rs. 10000 to Rs.100000/- 

Rs. 100/-+ ST

Rs. 2/- per Thousand+ ST

Above Rs.100000/- 

1) Rs. 2/- per Thousand+ ST

2) Max commission Rs.10000/-

1) Rs. 2/- per Thousand+ ST

2) Max commission Rs.10000/-

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 + Service Tax

Outward Clearing 

Rs.25/-
Per Cheque + Service Tax

Bouncing of cheques

 

V.P.P. or Postage Expenses

 

ECS Return Charges 

for ECS Clearing 

Mumbai

Rs. 200/- + Service Tax 

 

Pune

Rs. 200/- + Service Tax 

 

Kolhapur

Rs. 100/- + Service Tax 

 

Sangli

Rs. 100/- + Service Tax 

 

Solapur

Rs. 100/- + Service Tax 

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

1% 
 

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

For 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 Saving, 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

First Cheque Book: Free

 

After first cheque book 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

Inward 

Free
 

Outward

For Every Transaction between Rs. 2 Lac to Rs. 5 Lac

Rs. 25/- + Service Tax

For Every Transaction Rs. 5 Lac & above

Rs. 50/- + Service Tax

NEFT Charges

Inward 

Free
 

Outward

For Every Transaction

Rs. 25/- + Service Tax