Collection of Instrument

Particulars Revised Service Charges Remarks
1. CHEQUE COLLECTION
Inward / Out ward collection of Out station Instruments Up to Rs. 10,000 Rs. 10,001 to Rs. 1,00,000 Rs. 1,00,001 and above
  • Rs. 50/- per Instrument
  • Rs. 100/- per Instrument
  • Rs. 200/- per Instrument

Charges are inclusive of Courier/Postal/Out of pocket expenses. Services taxes as applicable should be collected separately.

For Instruments directly sent to other Public sector Bank / Private sector Bank / Co-operative Bank, commission mentioned will be share1d on 50:50 basis

For collection of dividend / interest warrants / refund orders, income tax refund orders for individuals no collections charges should be collected if the value of the instrument is up to Rs. 500/-

2. DIS-HONOUR OF CHEQUES OUTSTATION
Inward / Out ward collection of Out station Instruments Up to Rs. 10,000 Rs. 10,001 to Rs. 1,00,000 Rs. 1,00,001 and above
  • Rs. 25/- per Instrument
  • Rs. 50/- per Instrument
  • Rs. 100/- per Instrument

Charges are inclusive of Courier/Postal/Out of pocket expenses. Services taxes as applicable should be collected separately

Cheque Return Charge on Inward Instruments

For SB Accounts

For Current Accounts (Including OD/OCC etc)

Up to Rs. 1 Lakh

Above Rs. 1 Lakh up to Rs. 1 Crore

Above Rs. 1 Crore

  • Rs. 50/- per cheque / Instrument
  • Rs. 80/- per Cheque
  • Rs. 100/- per Cheque
  • Rs. 200/- per Cheque
Cheque Return Charge on Outward Instruments

For SB Accounts

For Current Accounts (Including OD/OCC etc)

Up to Rs. 1 Lakh

Above Rs. 1 Lakh up to Rs. 1 Crore

Above Rs. 1 Crore

  • Rs. 25/- per Cheque / Instrument
  • Rs. 50/- per Cheque
A) BILLS FOR COLLECTION [CLEAN / DOCUMENTARY / DEMAND BILLS] (Inward IBC / Outward OBC)

Up to and inclusive of Rs. 10,000

Rs. 10,001 to Rs. 10,00,000

Above Rs. 10,00,000

  • Rs.100/-
  • Rs. 8/- per thousand or part thereof with a minimum of Rs. 100/-
  • Rs.7/- per thousand or part thereof with a minimum of Rs. 8000/- and maximum of Rs. 15000/-
Postal Tariff should be collected separately
B) BILLS RETURNED UN-PAID

Local / Outstation bills

  • 50% of the applicable collection charges with minimum of Rs. 100/- + Postage charges.
4. A) BILLS FOR COLLECTION [CLEAN / DOCUMENTARY / DEMAND BILLS] (Inward IBC / Outward OBC)

Upto and inclusive of Rs. 1,000

Rs. 1,001 to Rs. 10,000

Rs. 10,001 and above

  • Rs. 25/-
  • Rs. 35/-
  • Rs. 3.50/- per thousand or part thereof with a minimum of Rs. 40/- and maximum of Rs. 10,000
For multiple DDs issued in lieu of single DD, commission as applicable for the aggregate amount alone shall be collected
B)LOCAL DEMAND DRAFT / BANKER’S CHEQUE ISSUE

Up to and inclusive of Rs. 1000/-

Above Rs. 1000/- up to Rs. 10,000/-

Above Rs. 10000/- up to Rs. 1.00 lakh

Above Rs. 1.00 Lakh

  • Rs. 25/-
  • Rs. 35/-
  • Rs. 3.00 per Rs. 1000/- or part thereof. Minimum Rs. 40/-
  • Rs. 2.50 per Rs. 1000/- or part thereof. Minimum Rs. 400/- Maximum Rs. 7500/- per DD
C) REMITTANCE [Issue of DD / TT / BC]
Against tender of cash (both for local / outstation)
  • Up to Rs. 1000/- no additional charges. Above Rs. 1000/-, additional charges at 50% extra on applicable charges, subject to maximum of 200% of applicable normal charges, For retirement of bills against tender of cash, additional charges of Rs. 300/- flat per bill shall be collected in addition to bills collection charges.
D) Demand Draft / Banker’s cheque cancellation

Up to Rs. 10,00,000

Above Rs. 10,00,000

  • Rs. 50/- per DD/PO
  • Rs. 200/- per DD/PO
For DDs cancelled, charges may be recovered to the extent 50% of the value if the amount is less than or equal to Rs. 50/-
E) Revalidation of DDs/POs
  • Rs. 100/- per DD/PO
F) Issue of duplicate DDs/POs

Up to Rs. 10,000/-

For DDs above Rs. 10,000

  • Rs. 100/- per DD (Up to DD of Rs. 10,000)
  • 50% of the applicable commission subject to minimum of Rs. 50/- per DD
If DD drawn on Government / Quasi Government department and demanded by them for revalidation, no charges should be collected for revalidation.
5. MISCELLANEOUS SERVICE CHARGES

1. Issue of duplicate deposit receipts

  • Rs. 50/- per receipt

2. i) Issue of pass sheet for SB accounts.

  • First set free of charges in a month for all categories

Additional charges of Rs. 20/- per ledger page or part thereof with minimum of Rs. 30/- per occasion

  • 40 entries or part thereof is treated as one page /sheet

ii) Issue of pass sheet for CA/OCC/OD accounts.

  • First set free of charges in a month for all categories

Additional charges of Rs. 20/- per ledger page or part thereof with minimum of Rs. 60/- per occasion

  • 40 entries or part thereof is treated as one page /sheet
iii) Issue of duplicate pass books

SB/RD etc with latest entry

Duplicate pass sheet / statements

  • Rs. 30/- per pass book
  • Rs. 10/- per ledger page or part thereof with minimum of Rs. 50/-
40 entries or part thereof is treated as one page /sheet
3. Stop payment instructions
i) SB accounts
  • Rs. 40/- per instrument/cheque (Maximum Rs. 100/- per occasion)
ii) Current accounts
  • Rs. 60/- per instrument/cheque (Maximum Rs. 200/- per occasion)
iii) Cancellation / Revocation of Instructions (for all accounts)
  • Rs. 20/-
4. BALANCE ENQUIRY(Oral enquiry) (Including Inquiries for old records)
a) Inquiries six months old : SB/CA/OD (all types of a/cs):
  • Free of charge

Entries above 6 months old – 1 yr old:

i) Savings Bank Accounts

Current account / OD / OCC a/cs

ii) Other type of a/cs

  • 50/- per entry (for all a/cs)
5. Charges for issue of cheque books

SB / CA /OD OCC Accounts

Non-MICR Cheques

MICR Cheques

Number of free Cheque leaves for SB A/Cs in a calendar year

  • Rs. 2.00 per Cheque leaf
  • Rs. 2.50 per Cheque leaf
  • 40 leaves
6. Accounts Closure (Closure of SB/CA accounts before one year)

SB Accounts

With Cheque book facility

With out Cheque book facility

  • Rs. 100/- per account
  • Rs. 50/- per account
  • Rs. 200/- per account

However, in the following cases of closure before one year, no charges need be levied

Transferring the account to another branch of our Bank Opening another account in joint names

Transferring the amount to term deposit

On account of death of the account holder

7. For giving credit information reports / opinion letter (OPL)

For customers

For Banks

  • Rs. 100/- per report
  • Nil
8.Issue of Balance Certificate / Interest Certificate

i) Balance Certificate

ii) Interest Certificate ( Interest paid / Interest Collected Certificate)

  • Rs. 25/- per certificate
  • 1st Certificate free, 2nd copy Rs. 25/- per certificate
9. Signature Verification

Signature verification including attestation of customer’s signature / photos

  • Rs. 50/- per attestation / case
10. i) Savings Bank Accounts

When the balance falls below the applicable minimum balance

  • Flat charges of Rs. 20/- per month to be collected once in a month on last working day

Mode of calculation of minimum balance : Charges for non maintenance of minimum balance on any day / any number of days during the month

The following category of account holders shall be exempted from minimum balance stipulations

Pensioners drawing pension through our branch

Employees of our Bank

Retired employees of our Bank who are eligible to earn preferential rate of interest

No Frills accounts

Government departments & Schools

ii) Current Accounts

When the balance falls below the applicable minimum balance

  • Rs. 50/- per day maximum of Rs. 250/- per calendar month to be collected once in a month on last working day
11. Charges for in-operative accounts (Half yearly Service Charges)

In-operative SB accounts

If balance in the A/c is Rs. 100/- and above

If the balance is less than Rs. 100/-

c) In-operative Current accounts

  • Nil
  • Rs. 50/- per half year or available balance which ever is lower
  • Rs. 75/- per half year or available balance which ever is lower
12. Standing Instructions

For transfer of funds within the same branch *

For transfer of funds to other branches / out side agencies through Branch Advice

  • Regn. Charges Rs. 50/- +
  • Rs. 35/- per debit (No charges for standing instruction to loan/RD/Deposit accounts of self)
  • Regn. Charges Rs. 50/- +
  • Rs. 40/- per debit + Actual remittance charges + Out of pocket expenses / postal charges

* Standing instruction charges not applicable in the following cases

Guardians account to Minor’s account

Between accounts of parents and children

Between the accounts of the Spouses

From Co-obligant’s accounts to the credit of Borrower’s accounts

13. Ledger Folio (LF)charges

Current Account

  • Rs. 100/- per ledger page per half year
  • Free ledger folios if Daily Average Credit Balance in the account is
  • Up to Rs. 50,000 – Nil
    Rs. 50,001 to Rs. 1,00,000 – 3 LF
    Rs.1,00,001 to Rs. 2,00,000 – 5 LF
    Rs.2,00,001 to Rs. 5,00,000 – 10 LF
    Above Rs. 5,00,000 – No Chargers

40 entries or part there of should be treated as one folio /page

14. i) Loss of Locker key
  • Rs. 200/- + in addition to actual break open and re-fixing charges
ii) Locker operation
  • 24 operation free p. a.
  • Rs. 20/- per operation beyond 24
iii) Delayed remittance of rentals
  • Rs. 20/- per month / fraction of a month, for the period of delay
15. Change in authorised signatories of companies (CA /OD / OCC) including clubs. Co-operative Societies
  • Rs. 100/- per occasion
16. Loss of Token
  • Rs. 40/- per token
17. Registering Power of Attorney / Operations by power of Attorney / Mandate (for all accounts)
  • Rs. 100/- per annum
18. i) Holding Bills for collection for every quarter beyond 3 months after due date
At the request of drawer / customer and subject to other applicable conditions
  • Additional 25% of normal collection charges.
  • Minimum Rs. 100/- per quarter.
ii) Change of original instructions in respect of Outward / Inward bills for collection such as extension of time, waiver of C form etc.
  • Rs. 50/- per request plus out of pocket expenses
iii) Parcels / Post Parcels received under ISC /IBC.
  • For parcels not cleared on presentation, a charge of Rs. 5/- per day should be levied from the due date of payment till clearance / payment. The minimum charge per parcel is Rs. 20/-
19. Issue of Certificate for Passport
  • Rs. 100/- per Certificate
20. Excess Number of withdrawals in SB Accounts
  • If withdrawal exceeds 50 per half-year, either by cheques or otherwise, charges at Rs. 2/- per withdrawal subject to minimum of Rs. 10/-
21. Remittance by Cash for meeting adverse clearing position or otherwise
  • 20% additional to actual remittance charges
22. FACILITIES / CONCESSIONS IN SERVICE CHARGES FOR CERTAIN CATEGORY OF CUSTOMERS
1. Collection of instruments favouring Physically challenged persons / blind
  • For instruments upto Rs. 10000/- - No charges
2. Collection of charges for scholarships amount payable to SC / ST students
  • Waived
VI. INTRODUCTION OF SERVICE CHARGES FOR CERTAIN SERVICES
Pass Book Updating at Non-base branch
  • Rs. 10/- flat per passbook (per instance)
2. Change of Nomination Facility
  • Noting Nomination first time : Free
  • Thereafter Rs. 100/- for every change of Nomination
3. Non-Execution of Standing Instruction due to Insufficient Funds
  • Rs. 75/- per transaction – non-individual (SB & CA)
  • Rs. 50/- per transaction – individual [other than rural and rural ] (SB & CA)
4. Addition / Deletion of names
  • Rs. 200/- per case / instance
Charges for recording reconstitution of account
  • Rs. 150/- per case / instance in case of non-individuals
6. Copy of the paid cheque
  • Rs. 50/- per instance
7. Transfer of Savings Bank accounts to any of our branches
  • Only out of pocket expenses to be recovered with a maximum of Rs. 50/-
CASH HANDLING CHARGES FOR REMITTENCE TO CA / OD / OCC / PVPR ACCOUNTS
  • No charges for cash remittance of up to Rupees one Lakh per day per account.
  • For Cash Deposit above Rs. 100000/-, cash handling charges @ Rs. 1 per Rs. 1000 or part thereof shall be collected, subject to a minimum of Rs. 100/- and maximum of Rs. 2500/- per transaction.
  • Cash handling charges shall be collected from customer for remitting cash to the credit of their CA / OD / OCC /PVPR accounts. The charges are uniformly applicable to all branches.
  • If a customer makes two or more remittances of cash in a day, cash handling charges shall be collected, if the total remittance during the day exceeds the exempted limit of Rupees One Lakh
  • Customers are exempted from cash handling charges for remitting cash to their SB accounts irrespective of the amount.
POSTAL TARIFF / OUT OF POCKET EXPENSES
Postal Tariff should be collected in all cases wherever applicable as follows
a) Ordinary Post Actual – Minimum Rs. 10 per envelope
b) Regd. / Courier Actual – Minimum Rs. 30 per envelope
Telegram / Fax / Telephone Only at the request of customer Actual – Minimum Rs. 50 per message
  • Postage / Out of pocket expenses are in addition to service charges applicable.
  • If two or more instruments favouring a single party are sent to the same branch / office of a bank together, in common single cover by post, in such cases postal tariff mentioned above as applicable to single cover / instrument may be collected.
  • If a single instrument is collected and credited to number of accounts actual / minimum postage may be share1d amongst beneficiaries subject to minimum of Re. 1/- per credit / customer.
Note: 1) SERVICE TAXES PLUS CESS THEREON SHALL BE COLLECTED IN ADDITION, WHEREVER APPLICABLE.