Current Service Charges & Fees

(Effective 01-09-2007)
Annexure - I :: :: :: :: :: Annexure - II

 

Annexure - I
   
Slab Particulars Rates
(Present Service Tax @ 12.36% )
 
A Collection of Outstation Cheques : *
Up to Rs. 1000/- Rs. 10/-
  Over Rs. 1000/- & up to 10,000 Rs. 35/-
  Over Rs. 10000/- up to Rs. 1/- lac Rs. 4.00 per Rs.1000/- or part thereof.
Minimum Rs. 50/-
  Over Rs. 100000/- Rs.4.00/- per Rs.1000/- or Part thereof,  Maximum Rs. 1000/-
B Collection of Bills : *
  Bills of amounts :
 
  Up to Rs. 10000/- Rs. 35/-
  Over Rs. 10000/- Rs.5/- per Rs. 1000/- or
  Part thereof Maximum Rs. 1000/-;
   *  Note: Postage Rs. 25/- Minimum or actual whichever is higher as also Drawee bank charges extra to be recovered in cases of (A) and (B) above.
   
C DD Issue commission charges (FOR DEHGAM BRANCH ONLY)
  Up to Rs. 10,000/- Rs. 10/-
  Over Rs. 10,000/- Rs. 1 per Rs. 1000/- or part thereof
  Outward Clearing Cheques / Outwards Bills:
  Upto Rs. 1000/- Rs. 2/-
  Over Rs. 1000/- Rs. 1/- per Rs. 1000/- or part thereof. Minimum Rs. 10/-
     
D Issue of Duplicate Demand Drafts Rs. 45/- per instrument
   

 
E Revalidation/ Cancellation of Drafts Rs.40/- per Instrument
(Except H.D.F.C. Bank)
     
F Handling charges for outward Cheques/ Bills returned unpaid [ For reasons other than our Bank's mistake]
  Local Cheques Rs. 50/-per instrument 
  Outstation Cheques 50% of prescribed collection charges, minimum Rs. 75/-
     
G Stop payment Instructions Rs. 30/-per instrument
     
H Standing Instructions Rs. 25/- per transaction
     
I A/c Closure Charges Rs. 100/- if a/c is closed before 12 months (except no-frill a/cs)
     
J Issue of Duplicate Pass Book Rs. 25/- per pass book with transaction for the current year only.
    Rs. 20/- per each previous year
  Issue of Duplicate Statement Rs.20/- per ledger folio
     
K Enquiry relating to old records (if the enquiry is for an item more than 12 months old) Rs. 20/- per item
     
L For issuance of No Dues Certificate Rs. 50/-per certificate
     
M Issue of Solvency Certificate
  Upto Rs. 1/- lacs Rs. 750/-
  Above Rs. 1/- lacs & Upto Rs.25/- Lacs Rs. 1200/-
  Above Rs. 25/- lacs & Upto R. 50/- lacs Rs. 2500/-
  Above Rs. 50/- lacs Rs. 5000/-
     
N Postal Charges :
  Ordinary Post Minimum Rs. 5/- or actual
  Registered Post/ Speed Post/ Courier Min Rs. 25/- or actual
  Telegram/ Fax Min. Rs. 30/-  or actual
     
O Locker Charges :

Sr NO Type of Locker One Year Rate Two Year Rate Three Year Rate
1 A 300 550 800
2 B 400 750 1100
3 C 450 800 1200
4 D 600 1100 1600
5 F 900 1600 2500
6 G 1000 1800 2700
7 L 2000 3500 5200

Locker Break open charges Rs. 1,696/- or actual whichever is more + Rs. 50/- postage. For Mumbai / Dehgam branches actuals + Rs. 100/- postage.. Extra lock to Locker : Rs. 350 + Rs. 100 installation charge or actual whichever is more.
P Minimum Balance - Charges for Non maintenance :
 
 
Description
S.B. A/c
Current A/c (Except against O..D.F.D.)

with
Cheque
Book

 Without
Cheque
Book
Minimum Balance Rs. 500/- Rs. 300/- Rs. 1000/-
No FRILL A/cs Rs. 250/- Rs. 10/- Rs.500/-
Services Charges
Applicable if balance falls below minimum on any day in a quarter 		Rs. 40/- Rs. 25/- Rs. 100/-
No Service charge for minimum balances in No FRILL A/cs.
     
Q Issue of Cheque Books
  SB A/cs 1 cheque book (20 L) per quarter free thereafter Rs. 2/- per cheque leaf .
[ For Dehgam Re.1/- per cheque leaf]
     
  Current A/cs Rs. 3/- per cheque leaf
  O.D.F.D. A/cs Re. 1/- per cheque leaf
  Cash Credit / Hypo / Book Debt A/cs Rs. 3/- Per cheque leaf
  For Dehgam Branch Rs. 1/- for C/D, C/C O.D.F.D.  A/c. per cheque leaf.
     
R Loan Processing Charges (New / Renewal) -
   
  New Proposals @ 0.50% of limit sanctioned maximum Rs. 20,000/-
  Renewal (To be debited/ recovered on due date itself) @ 0.25% of limit sanctioned maximum Rs. 10,000/-
  New / Renewal upto Rs. 25,000/- No Charge
     
  Temporary Limit Processing Fee @ 0.50% of temporary loan limit. (For each period of three months without cap of maximum amount of fee)
  Overdraft against Gold @ 0.25% of limit
Original sanction as also upon each annual renewal minimum Rs. 500/-
  Loan/ Overdraft against mortgage of property At first sanction as also upon every annual renewal 0.25% upto Rs. 5 lacs and 0.20% above Rs. 5 lacs.
   
  (FOR EDUCATION LOANS, HOUSING LOANS, HIRE PURCHASE LOANS, PERSONAL LOANS, GOLD LOANS, PROCESSING CHARGES TO BE LEVIED AS PER THE RESPECTIVE SCHEME)
   
     
     
 
Service Charges Annexure - II
 
 
A   Services rendered free of charge :
     
  (1) DDs/ Pay orders on MUMBAI & DEHGAM free of cost.
  (2) No service charge for Minimum balances in No FRILL A/Cs.
  (3) 1 Chequebook per quarter in S/B A/C.
 

(4)

 Loan Processing (New / Renewal) upto Rs. 25,000/-
  (5) Enquiry relating to old records for an item less than 1 year free.
  (6) Account Statement free once.
(7) No penal Int. for loans upto Rs. 25000/- under priority sector.
     
B   Others :
  Bills Discounting under L/C Bill discounting under L/C charge Rs. 750/- + interest as applicable.
Bank Guarantee
  a) With 100% Cash Margin 1% p.a. or part thereof. Minimum Rs. 200/-
b) Others 1.5% p.a. or part thereof. Minimum Rs. 500/-
     
Notes:
1) Guarantee Commission to be levied on entire validity period including claim period
2) Commission to be collected upfront.
3) Commission to be collected at every renewal
   
    Issue of Inland/ Foreign L/C 1% p.a. of L/C amount, if margin is 100%
1.5% p.a. of L/C amount, if margin is less than 100%.
In the case of issue of L/C through Karur Vaishya Bank, then that Bank's charges will be levied additionally.
Late Stock Statement 1% penal interest after grace period of one month from due date of submission.
Late Insurance In case of insurance policy due date, 1% penal int. from due date.
   
  RTGS through HDFC Bank ( Our Bank Submember)
   
   
Incoming remittance Rs. 25/-
Outward remittance:  
Up to Rs. 2 lacs Rs. 30/-
Over Rs. 2 lacs up to Rs. 5 lacs Rs. 60/-
Over Rs. 5 lacs up to Rs. 10 lacs Rs. 110/-
Over Rs. 10 lacs Rs. 0.15 per Rs. 1000/-
Maximum Rs. 2000/-
     
   
Any type of Certificate Issue Rs. 50/-
Confidential Report Charges Rs. 200/-
Amount Transfer by Fax Rs. 30/- extra to our Pay order charges
Signature verification charges

Rs. 15/-
Inward cheque return charges
(For want of Balance in the a/c)		 Amount
up to Rs. 50,000/-
up to Rs. 1,00,000/-
up to Rs. 2,00,000/-
above Rs. 2,00,000/-
Rs. 50/-
Rs. 100/-
Rs. 150/-
Rs. 200/-
   
Stock Inspection charges for limits over Rs. 10 lacs Rs. 100/- per visit/ Inspection Rs.200/- at Mumbai
Half yearly incidental charges  
Current A/cs Rs. 50/-
Advances A/cs other than Term loans & O.D.F.D. Rs. 100/-
     
NOTE :
1) THE ABOVE RATES ARE EXCLUSIVE OF SERVICE TAX
2) PLEASE RECOVER SERVICE TAX AT 12.36% ON ALL SERVICE CHARGES INCLUDING POSTAGE CHARGES.