Service Charges

TYPE OF CHARGES

CHARGES

1

SAVING DEPOSIT

a)

Opening and Maintenance of minimum balance in the A/c

[i]   With cheque book

Rs. 1000/-     (Rs. 500/- for Satara District)

[ii] Without cheque book

Rs. 500/-       (Rs.200/- for Satara District)

b)

Charges for failure to maintain minimum balance

Rs. 50/- per month

c)

Closure of A/c

[i] If closed within six months form date of opening

Rs. 100/-

[ii] If closed between six months to two years

Rs. 50/-

[iii] If closed after 2 years

NIL

[iv] Closure of Inoperative account

Rs. 25/-

[v] Charges for unused cheques

Rs. 2/- Per cheque leaf

d)

Cheque Return Charges

[i] Inward

Rs.500/- +18% int.

[ii] Outward

Up to   Rs. 10000   Rs. 100/-

Above Rs. 10000   Rs. 200/-

[iii] ECS DR/CR

Rs. 500/-

[iv] ACH / APBS  / NACH ECS DR

Rs. 100/-

e)

Issue of Duplicate Pass Book

[i] With present balance

Rs. 50 /-

[ii] With previous entries

Rs.50/ + Rs.10/- per page (Max. Rs.100/-)

2

CURRENT DEPOSIT

a)

Opening & Maintenance of minimum balance in the A/c

Rs. 2000/-    (Rs.1000/- for Satara District)

b)

Charges for failure to maintain minimum balance

Rs. 100/- per month

c)

Incidental Charges

Rs. 300/- half yearly

d)

Closure of A/c

[i] If closed within one year from date of opening

Rs.500/-

[ii] If closed after one year

Rs. 100/-

[iii] Charges for unused cheques

Rs. 5/- per cheque leaf

e)

Issue of Cheque Book

Rs. 1/- per cheque

f)

Issue of Duplicate Statement

Rs. 15 /- for each page of statement

g)

Cheque Return Charges

[i] Inward

Rs.500/- +18% int.

[ii] Outward

Up to   Rs. 10000   Rs. 100/-

Above Rs. 10000   Rs. 200/-

[iii] ECS DR/CR

Rs. 500/-

[iv] ACH / APBS  / NACH ECS DR

Rs. 100/-

3

TERM DEPOSIT

a)

Issue of Duplicate Receipt

Rs. 25/-

b)

Recurring Deposit (Payment for delayed payment)

Rs. 1.50/- for every Rs. 100/-

4

LOAN & ADVANCES

a)

Cost of Application Forms

[i] Personal Loan

Rs. 100/-

[ii] Business Loan

Rs. 200/-

[iii] Bank Guarantee & Solvency Certificate

Rs. 50/-

[iv] Housing Loan

Rs. 150/-

[v] Membership

Rs. 5/-

b)

 Nominal Membership

Rs.100/-

c)

Processing Fees (Service Charges)

Non- Refundable

[i] Personal Loan / Business Loan

Rs.5000/- to 25000/-               -  Rs.150/-

Rs.25001/- to 50000/-            -  Rs.250/-

Rs.50001/- to 100000/-          -  Rs.500/-

Rs.100001/- to 500000/-       -  Rs.1000/-

Rs.500001/- to 2500000/-     -  Rs.2500/-

Above 25/- lacs to 50 lacs     -  Rs.3500/-

Above 50/- lacs to 1 Crore     -  Rs.5000/-

Above 1 Crore                           -  Rs.7500/-

[ii] Gold Loan

0.25 %  Minimum Rs. 200/-

[iii] Vehicle Loan

0.50%

d)

Notice Charges to Defaulters

[i] Default Notices through System / Manual

Rs. 100/- per notice

[ii] Advocate Notice

Rs. 500/- per notice

[iii] Any Other Notices

Rs. 30/- per notice

e)

 Case File Charges

Actual

f)

 Visit Charges for recovery /non renewal/ non-operation

Rs. 200/- per visit plus actual conveyance

g)

Assignment / Re-Assignment  of  NSC/KVP/IVP

Rs.20/- per certificate

h)

Encashment of NSC/ IVP/ KVP/Share Certificate

Rs.50/- per cert. plus actual conveyance

i)

Assignment/Re-assignment/Encashment of LIC Policy

Rs.50/- per policy plus actual postage

j)

 Vehicle Loan

[i] Issue of N.O.C. to R.T.O. per vehicle

Rs. 25/- per vehicle

[ii] Seizing Charges

a]  Two Wheeler / Three wheeler / Light Motor Vehicle

Rs. 500/-

b] Heavy Vehicle

Rs. 3500/-

k)

CASH CREDIT/ODFA/ODFDR/OD Clean/ CURRENT/SB A/c

i) Adhoc Limit & Temporary Overdraft (TOD)

2 % Additional interest over regular rate of Interest

ii) Unclear Effects  i.e. Against Clearing

20% p.a. / Minimum Rs.25/- or Actual

iii) TOD in Current Account

20% p.a.

iv) Non submission of stock/book debts statements

Rs. 300/- + Monthly charges  of 2%  over and above interest rate applicable till submission of statement

v) Non-renewal of cash credit facility within 3 months  
from the date of expiry of limit

2.00% over & above the interest rate applicable

vi) Visit Charges to borrower (For verification of Stock/ Book Debts, once in a quarter)

      (a) Limit upto Rs.1/- lac

Rs. 50/- Per visit + Actual Conveyance

      (b) Above Rs. 1/- lac upto Rs. 5/- lacs

Rs. 100/- Per visit + Actual Conveyance

      (c) Above Rs. 5/- lacs upto Rs.10/- lacs

Rs. 200/- Per visit + Actual Conveyance

      (d) Above Rs. 10/- lacs

Rs. 500/- Per visit + Actual Conveyance

vii) Non-display of Banks name board in office/ factory  
premises/ on machinery/on vehicle

Rs. 200/-

l)

Gold Loan A/c

Sale of pledged gold ornaments by auction

1. Loan upto Rs.5,000/-

NIL

2. Above Rs.5,000/- to Rs. 50,000/-

Rs. 125/-

3. Above Rs. 50,000/-

Rs. 250/-

5

BANK GUARANTEE

(a) Fully Secured (100% Fixed deposit)

2%  of B. G. Amount p.a.

(b) Partly Secured (at least 25% FDR)

2%  of B. G. Amount p.a.

6

SOLVENCY CERTIFICATE

Rs.100/- per Rs.1/- lac or part thereof subject to maximum Rs.1000/-

7

ISSUE OF INLAND LETTER OF CREDIT

I.   (a) Commitment charges

20 paise per Rs. 100/- per Quarter or part thereof

     (b) Postage etc.

Actual postal charges

II. (a) Simple Amendment

Rs.100/-

    (b) Enhancement commitment charges

Usance commission as above on amt. by which L/C is enhanced subject to minimum of Rs.100/-   Commitment charges as above (No commitment charges if extension does not run into fresh period of 3 months) subject to minimum of Rs. 100/-

   (c)  Extension

Commitment charges as above (No commitment charges if extension does not run into fresh period of 3 months) subject to minimum of Rs. 100/-

  (d)  Reinstatement commission for Revolving L/C

Commitment charges at 20 paise per Rs.100 plus usance charges as above subject to minimum of Rs. 100/-

  (e)   Postage etc.

Actual postal charges

8

  1.  COLLECTION OF OUTSTATION CHEQUES (IBC/OBC)

Saving A/c Customer  Other Type of Customer

i) Upto Rs. 5000

Rs. 25/-                                   Rs.  50/-

ii) Above Rs.5000 upto Rs.10,000

Rs. 50/-                                   Rs.  75/-

iii) Above Rs.10,000 upto Rs.1,00,000/-

Rs. 100/-                                 Rs.  125/-

iv) Above Rs. 1 lac

Rs.1.25/- per Rs.1000/- Max. Rs. 2000/-

  1.  NATIONAL CLEARING

(i) OUTWARD NATIONAL CLEARING CHEQUES

Rs. 50/- per instrument

(ii) NATIONAL CLEARING CHEQUE RETURN UNPAID

Rs.50/- per instrument

  1.  COLLECTION OF OUTSTATION BILLS

(IBC/OBC/BD/ UNDER L/C)

i) Upto Rs. 1000

Rs.25/- + Postage

ii) Above Rs.1000 upto Rs.5000

Rs.40/- + Postage

iii) Above Rs.5000 upto Rs.10,000

Rs.60/- + Postage

iv) Above Rs.10,000 upto Rs.1,00,000

Rs.6/- per Rs.1000/-  + Postage

v) Above 1 lac

Rs.600/- + Rs.2.50 per 1000 above 1 Lac + Postage

9

PAY ORDERS

[a] Issue of Pay Orders

i) Up to Rs.500

Rs.10/-

ii) Above Rs.500 up to Rs.1000

Rs.15/-

iii) Above Rs. 1000 up to Rs. 5000

Rs.20/-

iv) Above Rs.5000 up to Rs.10000

Rs.25/-

v) Above Rs.10000 up to Rs.50000

Rs. 50/-

vi) Above Rs.50000 up to Rs. 1 lac

Rs.75/-

vii) Above Rs.1 lac up to Rs.5 lacs

Rs.100/-

viii) Above Rs.5 lacs upto Rs.10 lacs

Rs. 250/-

viii) Above Rs.10 lacs

Rs. 500/-

[b] Revalidation / Cancellation  of pay order

Rs.20/-

[c] Issue of other banks Demand Draft & At Par Cheque

Up to 1000/-                Rs.5/-                                     1001/- to 5000/-        Rs.15/-                      5001/- to 10000/-      Rs.20/-                 Above Rs. 10000/-     Rs.2/- per thousand
Maximum Rs.1500/- Postage Extra

10

SAFE DEPOSIT LOCKERS

[a]  Opening of Lockers

Form Fee Rs.50/-                                             Stamp Fee Rs.100/- As per Act

Note:- Key Deposit may be obtained for locker. It should not be under re-investment scheme. It should be renewed every year & arrears of locker rent if any should be recovered from fixed deposit amount & only balance amount should be renewed.

(1) Size No.1   Rs. 25,000/-
(2) Size No.2   Rs. 50,000/-                           (3) Size No.3   Rs.1,00,000/-

[b] Rent per Year (1st April to 31st March)

     Size No.1

Rs.1,000/-   (Rs. 600/- for Satara District)

     Size No.2

Rs.1,800/-   (Rs.1,000/- for Satara District)

     Size No.3

Rs.3,500/-   (Rs.2,000/- for Satara District)

[c] Penalty for late payment of Rent

Rs.25/- per month or part thereof

[d] Break open of Locker

Rs.500/- plus Actual Charges

[e] Surrender of Locker

Rs. 200/-

11

RTGS, NEFT & E-TAX

(i) RTGS

  1. Rs.2.00 Lac to Rs. 5.00 Lac

Rs. 25/-

  1. Rs. 5.00 Lac above

Rs. 50/-

(ii) NEFT

  1. Up to Rs.1.00 Lac

Rs. 5/-

  1. Rs. 1.00 Lac above

Rs. 25/-

(iii) E-TAX (Per Challan)

Rs. 100/-

12

GENERAL

[a] Issue of duplicate Share Certificate

Rs.50/- per certificate

[b] Issue of any other Certificate by Bank

Rs.50/- per certificate

[c] Transfer of Share Certificate

Rs.50/- per certificate

[d] Certificate of Interest on Deposit / Balance Certificate

NIL

[e] Stop Payment Instructions

Rs. 10/- per cheque        Max. Rs.100/-

[f] Revoke of Stop Payment Instruction

Rs. 10/-  per cheque       Max. Rs.100/-

[g] No dues certificate (in case of Govt.aided loans such  
charges need not collected)

Rs.10/- per certificate

[h] Signature Verification

      i) In case of internal bank purpose

Nil

     ii) In case of outsiders

Rs.10/-

[i] Charges to be collected for the Loss of Token

Rs.100/-

 
 
 
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