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Service Charges & Other Charges

Charges with effect from 01/04/2023

GST plus other statutory charges, if any, shall be collected in addition, wherever applicable, as per Circulars/ Communications issued by the bank.

PARTICULARS Other than INDIVIDUAL INDIVIDUAL
Other than RURAL RURAL

a

For SB- No of free leaves in a calendar year

40 leaves

40 leaves

40 leaves

b

For CA- Number of free leaves (At the time of A/C opening)

First 25 leaves

c

For SB- Cheque book charge

Rs.4/ leaf

Rs.3/ leaf

Rs.3/ leaf

d

For CA/OD/CC/OCC- Cheque book charge

Rs.4/ leaf

Rs.3/ leaf

Rs.3/ leaf

PARTICULARS Other than INDIVIDUAL INDIVIDUAL
Other than RURAL RURAL

a

SB/CA/OD/CC/OCC – Issue of passbook/Pass Statement

First set free of charges for all categories in a month

b

SB- Passbook/Pass statement- additional set/copies

Rs.20/- per page, minimum Rs.50/- per occasion

Rs.20/- per page, minimum Rs.50/- per occasion

Rs.10/- per page, minimum Rs.40/- per occasion

c

CA/OD/CC/OCC- Pass book/Pass Statement-Additional Set/copies

Rs.30/- per page, minimum Rs.80/- per occasion

Rs.20/- per page, minimum Rs.60/- per  occasion

Rs.20/- per page, minimum Rs.50/- per occasion

d

SB/CA/OD/CC/OCC- Issue of balance certificate(Per certificate)

Rs.100/-

Rs.60/-

Rs.40/-

e

Interest paid/interest collected certificate

First copy free

f

Interest Certificate- Issue of extra copy

Rs.100/-

Rs.60/-

Rs.40/-

g

SMS Charges

Rs . 12/- per quarter

PARTICULARS Other than INDIVIDUAL INDIVIDUAL
Other than RURAL RURAL

a

Passbook with latest balance

Rs.125/-

Rs.125/-

Rs.75/-

b

Duplicate pass sheet/Statement

Rs.100/-per pass sheet,Rs 50/per additional page,with minimum Rs.100/-

Rs.75/-per pass sheet,Rs 40/per additional page,with minimum Rs.75/-

Rs.50/-per pass sheet,Rs 20/per additional page,with minimum Rs.50/-

 

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

PARTICULARS Other than INDIVIDUAL INDIVIDUAL
Other than RURAL RURAL

Issue of duplicate deposit receipt

Rs.75/- per receipt

PARTICULARS Other than INDIVIDUAL INDIVIDUAL
Other than RURAL RURAL

Transfer of SB A/C to any of our branches

Flat Rs.75/- plus out of pocket expense

PARTICULARS Other than INDIVIDUAL INDIVIDUAL
Other than RURAL RURAL

a

For SB account- Stop payment instruction

Rs.100/- per cheque, Maximum Rs.500/- per occasion

Rs.100/- per cheque, Maximum Rs.500/- per occasion

Rs.50/- per cheque, Maximum Rs.200/- per  occasion

b

For CA/OD/CC/OCC- Stop Payment instruction

Rs.200/- per cheque, Maximum Rs.1000/- per occasion

Rs.100/- per cheque, Maximum Rs. 500/- per occasion

Rs.100/- per cheque, Maximum Rs. 500/- per occasion

c

Cancellation/Revocation- for all accounts

Rs.50/- flat

Rs.50/- flat

Rs.50/- flat

PARTICULARS Other than INDIVIDUAL INDIVIDUAL
Other than RURAL RURAL

COPY OF PAID CHEQUE

Rs.100/- per instant

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

NOMINATION FACILITY

Registration of nomination first time free, thereafter Rs.100/- for every change

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

a

For SB accounts

No Folio Charges

b

CA/OD/CC/OCC/KCC

No Folio Charges

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

a

BSB

No Charges

No Charges

No Charges

b

SB Accounts

For account with cheque book

Rs.50/- per month

 

 

For account without cheque book

Rs.30/- per month

C

Current accounts

Rs.50/- per day. Maximum 500/- per calendar month

 

Note: For senior citizen no charges for non-maintenance of minimum balance in SB. Branch Manager will have the discretion to waive/relax the charges for non-maintenance of minimum balance, if the average balance of the proceeding 3 calendar months is 10 times the applicable minimum balance for the category.

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

a

SB

If balance is below applicable minimum

Half yearly Rs.100/- or available balance whichever is lower

b

CA

Half yearly Rs.150/- or available balance whichever is lower

 

  • If balance in the account is above the applicable minimum- No charge
  • Service charges for inoperative accounts to be collected on half-yearly basis are in addition to charges for non-maintenance of minimum balance to be levied monthly
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Statements older than 5 years Rs.100/- per page
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
a SB Accounts – with cheque book 250/per A/c 250/per A/c 250/per A/c
b SB Accounts – without cheque book 125/per A/c 125/per A/c 125/per A/c
c Current Account 850/per A/c 600/per A/c 400/per A/c
Note: No charges for closure of accounts within 14 days of opening.
Exemption: Transfer from one branch to other, Opening another account in joint names, death of the account holder.
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
a WITHIN THE SAME BRANCH One time registration charges 50/per case, thereafter 35/for every debit
Exemptions : Guardian A/c to Minor A/c,
Between A/cs of Parents and Children,
Between A/cs of Spouses,
From Co-Obligant A/c to Borrowers A/c,
To loan/RD/Deposit Accounts of self.
b TO OTHER BRANCHES AND OUTSIDE AGENCIES One time registration charges Rs.100/- per case, thereafter Rs.50/- forevery debit + actual remittance charges + OPE
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
a Non – Execution Due to insufficient fund For SB/CA Rs.75/- per transaction For SB/CA Rs.50/- per transaction For SB/CA Rs.50/- per transaction
Counter Withdrawal - EXCESS NUMBER OF WITHDRAWALS IN SB For withdrawal from branch counter 5 transactions will be free per month. Above the limit, Rs.50 +GST will be charged per instance. Charges are not applicable for SBPlus accounts.
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
i) Inward Instruments
a SB Accounts - 200/per instrument 175/per instrument 125/per instrument
b CA/OD/CC/OCC Up to Rs. 1 Lakh Rs. 250/- Rs. 250/- Rs. 250/-
Above Rs. 1 Lakh Rs. 300/- Rs. 300/- Rs. 300/-
ii) Return of outward Instruments
a SB Accounts Rs. 75/per instrument Rs. 75/per instrument Rs. 25/per instrument
b CA/OD/CC/OCC Rs. 100 Rs. 100 Rs. 50
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
a RETURN OF INWARD INSTRUMENTS
SB/CA/OD/OCC Up to 10,000/- 50/per instrument 50/per instrument 50/per instrument
10001 – 1,00,000/- 75/per instrument 75/per instrument 75/per instrument
1,00,001 & above 100/per instrument 100/per instrument 100/per instrument
b RETURN OF OUTWARD INSTRUMENTS
SB/CA/OD/OCC Up to 10,000/- 50/per instrument 50/per instrument 50/per instrument
10001 – 1,00,000/- 75/per instrument 75/per instrument 75/per instrument
1,00,001 & above 100/per instrument 100/per instrument 100/per instrument
Charges include commission, postage, out of pocket expense etc.
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
ECS (DEBIT RETURN) Rs.250+ GST
If Bills returned un-paid 50% of applicable inward collection charges with a minimum of Rs.100/- plus postage charges.
Mandate Verification charge Rs.150+GST
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Up to and inclusive of 10,000/- 100/- 100/- 100/-
Above Rs. 10,000 up to 10 lakh 8/per 1000/- or part thereof with a minimum of Rs. 100/-
Above 10 Lakhs 7/per 1000/- or part thereof with a minimum of 8000/- and maximum of RS.15,000/-
Bills : Clean/ documentary /demand/ usance including supply bills.
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Up to and inclusive of 1000/- 50/- 35/- 30/-
Above 1000 - up to 10,000- 60/- 50/- 40/-
Above 10,000 5/per thousand or part thereof, minimum 60/- . 4/per thousand or part thereof, minimum 50/- . 4/per thousand or part thereof, minimum 40/- .
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Up to and inclusive of Rs. 1000/- 40/- 30/- 25/-
Above 1000 upto 10,000 50/- 40/- 35/-
10001 to 1 lakh 4/per thousand or part thereof, minimum 50/- 3.50/per thousand or part thereof, minimum 40/- 3/per thousand or part thereof, minimum 35/-
Above 1 Lakh 3/per 1000 or part thereof, minimum 400/- & maximum Rs. 12000/per DD. 2.50/per thousand or part thereof, minimum 400/- &maximum Rs. 12000/per DD. 2.50/per thousand or part thereof, minimum 400/- &maximum 7500/per DD.
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Up to and indusive of 1000/ No additional charge
Above 1000/ Additional charges at 50% extra on applicable charges. For retirement of bills against tender of cash, additional charges of 300/-flat per bill shall be collected in addition to bills collection charges.
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
a DD CANCELLATION 125/-per DD 125/-per DD 125/-per DD
b DD Cancellation Outstaion Up to 10 Lakh 150/-per DD 125/-per DD 100/-per DD
Note: For DD less than 500/- cancellation charges 20/- only
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
DEMAND DRAFTS- Duplicate Issue Up to RS.10,000/- 100/per DD 100/per DD 100/per DD
Above 10,000/- 50% of applicable commission for issue of DD, with minimum of 100/per DD 50% of applicable commission for issue of DD, with minimum of 75/per DD 50% of applicable commission for issue of DD, with minimum of 50/per DD
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Up to 5000/- 25/- for SB & 50 per instrument for other accounts.
5001/- to 10000/- 50/- per instrument
10001/- to 100000/- 100/-per instrument
100001/- to 1000000/- 200/per instrument
1000001/- & above. 250/per instrument
Sharing of commission on 50:50 basis is applicable for cheques sent directly to other banks for want of our branch at drawee centre.
Collection of Dividend/Interest warrants/refund Normal collection charges If value of instrument is up to 500/-, no charges & only OPE+ postage. Above 500/-, normal collection charges
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
a SIGNATURE VERIFICATION 250/per attestation 250/per attestation 200/per attestation
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Issue of No Due Certificate Rs.100/-
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
ISSUE OF CERTIFICATE FOR PASSPORT 100/per certificate
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
For gold loan packets not released after closing the A/c and also for gold loan A/cs where liability in the account is maintained less than 10% of the original loan amount etc 200/- per loan for a month or part thereof, with a minimum of 200/- and a maximum of 2000/-. Over and above, safe custody charges of 100/- for all gold loans which remain overdue beyond 45 days
a Non-Refundable Locker Handling /Maintenance Charge

Rs.1,000/-

This charge should be collected as one time from the customers immediately when the lockers are hired out (for new customers) & from 01-05-2022 from existing customers.
b Locker - RENT Urban Branch Semi-Urban Branch Rural Branch
Small Size 1500/- 1400/- 1000/-
Medium Size 2100/- 1800/- 1400/-
Large Size 2500/- 2100/- 1700/-
Extra Large 5000/- NA NA
a No. of operations 20 operations free p.a (5 per quarter) & 150/per operation beyond 5 operations per quarter.
b Delayed remittance of rental of lockers RS.250/per month/fraction of a month, for the period of delay
LOSS OF LOCKER KEY 1000/- (in addition to actual break open charges)
a SB/CA/CC/OD Small denominations – below Rs.100 First 500 pieces free. Above free limit of 500 pieces Rs.10 per 100 pieces or part thereof per day
b SB Accounts (Other than SL.No-a) No Charges
c CA/OD/CC Up to 2 lakh No charges
d Above 2 lakh Rs.1 per thousand or part thereof, subject to a minimum of Rs.100/- and maximum of Rs. 5000/- per transaction.
Note: If a customer makes two or more remittances of cash in a day, charges shall be collected, if the total remittance during the day exceeds the exempted limit of Rs.2 lakh. (eg: if Total remittance is Rs.10 Lakhs, cash handling charges will be collected for Rs.8 Lakhs only )
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
a Metal Token 100/ per token 100/ per token 60/ per token
b Gold loan token 50/ per token 50/ per token 50/ per token
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
ADDITION/DELETION OF NAMES 100/per case per instance
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
DELETION OF DECEASED NAME, MERGER OF COMPANIES. 100/- Not applicable for individuals
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
CHANGE IN THE NAME OF COMPANIES, including RECONSTITUTION OF A/Cs. 100/- Not applicable for individuals
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
CHANGES IN AUTHORISED SIGNATORIES OF COMPANIES INCLUDING CLUBS/CO-OP SOCIETIES. Rs.200/- per occasion, Only for CA/OD/CC.
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
REGISTERING POWER OF ATTORNEY/OPERATION BY POA/MANDATE. Rs.200/- p a for all accounts
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Beyond 3 months after due date (at the request of drawer/customer and subject application conditions) Additional 25% normal collection charges, with minimum of 100/per quarter.
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Extension of time for collection/waiver of C form etc. 50/per request/OPE
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
a Ordinary post Minimum 20/per envelope or actual
b Regd/Courier Minimum 50/per envelope or actual
c Fax/Telephones(Only at the request of the customer) Minimum 50/per envelope or actual
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Upto Rs.25000/- No Charges
Rs.25001 to 2 lakh Rs.2/- per thousand or part thereof
Rs.200001 to Rs.5 Lakhs Rs.2.5/- per thousand or part thereof
Rs.500001 to Rs.10 Lakhs Rs.3/- per thousand or part thereof
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
PARCEL RECEIVED UNDER ISC/IBC 5/per day should be levied from the due date of payment till clearance, with a minimum of 20/-
INTERSOL WITHDRAWAL Upto Rs.25000/- Free
Above Rs.25,000/- To Rs.50,000/- Rs.2/- per thousand or part thereof
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
TENDERING/DEPOSIT OF CHEQUE AT DRAWEE CENTRES Charges applicable to OSC charges.
CLEARINGFree
a Inward clearing Return 200/-
b Out Ward clearing return 200/-
Slab AmountCharges
Up to and inclusive of 10000/- Rs.2.50/-
Above Rs.10000 and up to and inclusive of Rs. 1 lakhs Rs.5.00/-
Above 1 lakh and up to and inclusive of 2 lakhs Rs.15.00/-
Above 2 lakhs. Rs.25.00/-
Transaction TimeTransaction value Up to Rs.5.00 lakhTransaction value above Rs.5.00 lakh
Up to 12.00 Noon Rs.25/- Rs.50/-
After 12.00 PM to 3.30 PM Rs.26/- Rs.51/-
After 3.30 PM Rs.30/- Rs.55/-
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

a

Appraisal and certification

Rs.5 for every Rs.1000/ of loan amount, minimum Rs.25, maximum Rs.250/ for loans up to Rs.5 lakh, Rs.300/- for loans above Rs.5 lakh.

b

Re-appraisal charges

Rs.7/ per account + Actual bus fare

c

Second Appraisal charges

Rs.40/- per account for limits of Rs.1 Lakh & above, Rs.20/- per account for limits below Rs.1 lakh

d

Auction charges

Up to Rs.25000/- -Rs.50/-, Rs.25001-50000 Rs.100/-, Rs.50001-100000/- Rs.250/-, Above Rs.100000/- Rs.500/- (applicable GST shall also to be collected)

e

Attending gold auction

Rs.200/ per day

f

GST on gold auction

3% of auction proceeds

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

 

Loans up to Rs.25,000/-

NIL

 

Rs.25,001-50,000/-

Rs.325/-

 

Rs.50,001-1.Lakhs

Rs.375/-

 

Rs.1,00,001-2 Lakhs

Rs.650/-

 

Rs.2,00,001-3 Lakhs

Rs.750/-

 

Rs.3,00,001-4 Lakhs

Rs.850/-

 

Rs.4,00,001-5 Lakhs

Rs.1000/-

 

Above Rs.5 Lakhs

Rs.1200/-

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

a

CONSUMER per report

Rs.200/-

b

COMMERCIAL per report

Rs.1500/-

PARTICULARS REVISED CHARGES

a

Up to Rs.25,000/-

NIL

b

SHORT TERM LOANS

Rs.25,001 – Rs. 2 lakh

Rs.250/per lakh or part thereof

Above Rs. 2 lakh

Rs.500/per lakh or part thereof,Max.Rs.20000/-

c

TERM LOANS

Rs.25,001 – Rs. 2 lakh

Upfront fee of 1% of loan amount,

Above Rs. 2 lakh

Upfront fee of 1% of loan amount (maximum Rs.25000/-)

d

VEHICLE LOANS (Both Priority & Non-priority)

0.25%of the loan amount with a minimum of Rs.1000/-

e

HOUSING LOANS-Both Priority & Non-priority (Except PMAY loan up to Rs.6 lakh, MIG I up to Rs.9 lakh and MIG II up to Rs.12 lakh)

0.25%of the loan amount with a minimum of Rs.1000/-

f

Housing Loans up to Rs.10 Lakhs where IT return are not submitted, Income assessment charge

Rs.500/-

g

For PMAY loans up to Rs.6 lakhs, MIG I up to Rs.9 lakh and MIG II up to Rs.12 lakh

NIL

h

EDUCATION LOANS

Inland studies: Nil & Study abroad: 1% of loan amount.

For running limits, processing charges will be debited at the time of opening and thereafter on annual review/renewals.

i

MSME loans

No processing charges for loans up to Rs. 5 lakh. For short term loans above Rs. 5Lakhs – Rs.500/- per lakh or part there of subject to a maximum of Rs.20000/-. For term loans above Rs.5 Lakhs -1% of the loan amount , subject to a maximum of Rs.25000/-.

PARTICULARS CHARGES

a

SHORT TERM LOANS

Up to Rs.25,000/-

Rs.200/-

Rs.25001- Rs.2 Lakh

Rs.250/per lakh or part thereof

Above Rs.2 Lakh

Rs.500/- per lakh or part thereof (subject to a Maximum Rs.20,000/-)

b

TERM LOANS

Upto Rs.25,000/-

Rs.150/-

25,001- 2 Lakh

1%, minimum of Rs.500/-

Above 2 Lakh

1% of loan amount Maximum Rs.50,000/-

c

For Gramin Easy Loans (GEL)

1 % of the loan amount.

PARTICULARS CHARGES

 

Up to Rs.50,000/-

Rs.100/-

 

50,001 – 2,00,000/-

Rs.200/-

 

Above Rs.2.Lakh

0.10% of loan amount with minimum of Rs.250/- and maximum of Rs.25,000/-

 

Not applicable for SGSY/NRLM/VSL/LD/DRI/staff loans & Gold Loans.

PARTICULARS CHARGES

No inspection charges to Priority Sector Loans up to Rs.25000/-

a

KCC (Yearly One Visit)

Loan amount up to Rs.3 lakh Rs.200/- per inspection .Loan amount above Rs.3 lakh & up to Rs.5 lakh Rs.250/- per inspection.
Loan amount above Rs.5 lakh Rs.300/- per inspection

b

Education loan (yearly one visit) No inspection charge to be levied

c

For running accounts for which stock inspection is mandatory 

 

Rs.25001-2 lakh

Yearly visit

Rs.250/- per inspection

 

Rs.25001 – 2 lakh

Yearly visit

Rs.250/- per inspection

 

Rs.200001 – 5 lakh

Quarterly visit

Rs.250/- per inspection & maximum of Rs.1000/- per year

 

Rs.500001 – 10 lakh

Monthly visit

Rs.150/- per inspection & maximum of Rs.1800/- per year

 

Above 10 lakh

Monthly visit

Rs.200/- per inspection & maximum of Rs.2400/- per year

 

Inspection charges to be debited as per the details entered in the menu “Follow Up”.

d

For all other loans except gold loans, SGSY, NRLM, DRI, VSL/LD, OD against term deposits, All EL, PVL, PVLPT and PVLPF

 

Up to Rs.2 lakh Half Yearly Visit Rs.200/per inspection & maximum Rs.400/per year

 

Rs.2 lakh – Rs.5 lakh Rs.250/per inspection & maximum Rs.500/per year

 

Above Rs.5 lakh Rs.300/per inspection & maximum Rs.600/per year

In the case of Personal Vehicle Loans (all categories) where repayment is regular, w.e.f 01.01.2017 inspection charge is waived. Not applicable to loans granted under all gold loans, SGSY/NRLM/DRI/VSL/LD/OD against term deposits/staff loans/education loans/consumption loans. Inspection charges to be collected at the end of the quarter.

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

 

WORKING CAPITAL loans

0.25% on the entire unutilized portion, if average utilization is 60% or less (to be levied half yearly)

 

TERM LOANS – irrespective of working capital limit

1.20% of the delayed draw down beyond 2 months.

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

a) takeover of the loan by other Bank/FI.

2% of the outstanding liability in case of takeover of the loan by other Bank/FI

b) If a loan account taken over by our bank from other Bank/FI is again taken over from us by other Bank/FI within a period of one year

Additional charges at 2% of the outstanding liabilities to be collected over and above the normal charges of 2% stipulated Further all concessions permitted earlier in such accounts should be withdrawn from the beginning and all such concession permitted to be recovered from the party.

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

CDB – DISCOUNTING CHARGES

Applicable collection charges plus interest @ Non-Priority maximum. (Minimum of 7 days interest to be charged)

PARTICULARS REVISED CHARGES

a

PERFORMANCE GUARANTEE

Up to Rs.10 Lakh

Minimum Rs.1000/- plus 0.25% per month or part thereof. Minimum commission for 6 months(1.5%) to be collected, no maximum ceiling

Above Rs.10 Lakh

Minimum Rs.2000/- plus 0.25% per month or part thereof. Minimum commission for 6 months(1.5%) to be collected, no maximum ceiling

b

OTHER THAN PERFORMANCE GUARANTEE

Up to Rs.10 Lakh

Minimum Rs.1000/- plus 0.30% per month or part thereof. Minimum commission for 6 months(1.80%) to be collected, no maximum ceiling

Above Rs.10 Lakh

Minimum Rs.2000/- plus 0.30% per month or part thereof. Minimum commission for 6 months(1.80%) to be collected, no maximum ceiling

Note: If there is 100% cash (deposit) commission shall be calculated as Rs.500/- plus 50% of normal rate. For further concession if any in the case valuable customers dealt with HO level on a case-to-case basis

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

DELAYED SUBMISSION OF STOCK STATEMENTS

Rs.300/- per occasion in respect of CC limits

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

A

Land and Building

0.2% of loan amount , minimum Rs.1500/- & maximum Rs.4000/-

B

Plant, Machinery, Stock, Book Debt etc.

Rs.2000/- per occasion

C

All items together

0.2% of the loan amount outstanding , maximum Rs.4000, out of which, fee for value of the landed property should not exceed Rs.3000/-

D

 Issuing stage certificate where building construction is involved

 Rs.500/- for each stage

E

 VALUATION DONE BY BRANCH OFFICIALS

 Valuation Charges (Done by Branch officials)

0.2% of loan amount with a minimum of Rs.500/-

 Charge for assisting valuer by Officer/Manager

Rs.500/- per visit
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL
Valuation of immovable properties Value of security Max. fee payable
Upto Rs. 5 lakhs of assets valued 0.25%
Next Rs.10 lakhs of the assets valued 0.20%
Next Rs.35 lakhs of the assets valued 0.10%
Next Rs.50 lakhs of the assets valued 0.05%
On Balance of the Asset valued 0.025%
Minimum: Rs.2000/- and Maximum Rs.10,000/-
These are not service charges and are to be paid against the bills of the panel of valuator. The fees shall be borne by the customer, which should be collected by the branch upfront by debiting borrowers loan account.
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

a

LSR Fee

LSR fee collected can be 0.5% of the loan amount with a minimum of Rs.1500/- and a maximum of Rs.3500/-. Where complicated issues/scrutiny of multiple documents (more than 5) are involved, the maximum fee payable shall be Rs.4000/-.
Regarding registry search, the fee payable shall be Rs.500/- for each individual search against search receipt.

b

Supplementary LSR fee

Rs.750/-

c

Legal Notice Service Charges
For loans up to Rs.50,000/- Rs.250/- + Actual postage per loan account
For loans above Rs.50,000/- Rs.500/- + Actual postage per loan account and if notice is issued to more than 2 persons additional fee of Rs.100/- + actual postage for such additional notices.

d

SARFAESI NOTICE CHARGE Rs.500/-

e

Possession notice Nil

f

Sale notice Rs.1000/-
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

a

Filing Suit without ABJ

Rs.1000/- plus actual DTP/

Photostat charges (Maximum Rs.500/-)

b

Filing Suit with ABJ

Rs.1250/- plus actual DTP/

Photostat charges (Maximum Rs.500/-)

c

Filing EP

Rs.500/- plus actual DTP/Photostat charges

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

 

Particulars of creation or modification of security interest by way of mortgage by deposit of title deeds

Rs.100/- for creation and for any subsequent modification of security interest in favour of a secured creditor for a loan above Rs.5 lakh. For a loan up to Rs.5 lakh, the fee would be Rs.50/- for both creation and modification of security interest

 

Satisfaction of any existing security interest

Nil

 

Any application of information recorded/maintained in the register of any person.

Rs.10/-

 

Any application for condemnation of delay up to 30 days (Not exceeding 10 times of the basic fee applicable)

Rs.10/-

 

Delay of 31 days to 40 days

Twice the amount of applicable fee

 

Delay of 41 days to 50 days

Five times the amount of applicable fee

 

Delay of 51 days to 60 days

Ten times the amount of applicable fee

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

a

Within one month from the date of closure of loan at the rate of Rs.100/- per instrument + OPE

b

If lien cancellation is sought after 1 month from the date of closure of loan, charges will be Rs.200/- per instrument + OPE

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

The bank shall invariably furnish a copy of the loan agreement along with a copy of all enclosures quoted in the loan agreement to all the borrowers at the time of sanction/disbursement of loans, even in the absence of specific request from the borrower. Other than this, additional copies for specific purpose shall carry the following charges

a

Charges if copy of documents is for submission to any statutory authority

Rs.2000/- + Actual photocopying charges

b

Charges if presence of bank official is required along with the documents for obtention of photo copies.

Rs.3000/- + Actual photocopying charges + OPE

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

SOLVENCY CERTIFICATE

Commission on Solvency Certificate shall be at the rate of 0.10% of Solvency Certificate amount with a minimum of Rs.1000/- and maximum of Rs.20,000/- per Certificate .

PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

 

All the expenses actually incurred for servicing the borrowal accounts such as inspection, pre-sanction and post-sanction visits, recovery visits, insurance, valuation charges payable to approved valuators in respect of land, building, plant, machinery, vehicles, sending notices, etc. should be collected from the borrower.

PARTICULARS REVISED CHARGES

 

Loans up to Rs.25000/-

Priority sector

Nil

Non- Priority sector

Rs.100/-

 

Above Rs.25000/- and up to Rs.2 lakh
(Both Priority & Non-priority)

Rs.150/-

 

Above Rs.2 lakh and up to Rs.10 lakh
(Both Priority & Non-priority)

Rs.250/-

 

Above 10 lakh-Both Priority &Non-priority

Rs.500/-

The following charges are waived in respect of staff related loan facilities:

  • Inspection charges on education loan to children to staff members
  • DD commission in respect of educational loan to children of staff members
  • Service charges & inspection charges on housing loans at customer rates to staff members

Note: CERSAI registration fees to be collected, as per guidelines.

  • The charges levied in the NPA accounts with respect to the past periods, the same may be reversed if it is not recovered /collected.
  • GST @ 18% to be collected extra.
  • Processing and Documentation charges are to be collected upfront. So, henceforth interest should not be charged on these items.
PARTICULARSOther than INDIVIDUALINDIVIDUAL
Other than RURALRURAL

a

3 free transactions in Metros and 5 free transactions in all other centres in a month (financial + non financial)-{applicable for CA also}

b

5 free transactions in KGB and Canara Bank ATMs per month(financial+ non financial)-{applicable for CA also}
5 free transactions in other banks ATMS per month (financial + non financial)-{not applicable for CA}.

c

Rs.24.78/-(21+3.78) for Financial transaction after 5 free transactions at ATMs (over and above the permitted free transactions on own and other bank ATMs) and Rs.12.98(11+1.98) for non-financial transaction over and above the permitted free transactions on own and other Bank ATMs.

d

Rs.17.70(15+2.70) for failed ATM,POS & ECOMM transactions due to insufficient funds

e

ATM Usage fee

Rs.200 (collected centrally as Rs.100 half yearly) for normal cards
Rs.500 for Platinum cards. (Charges are not applicable for SB Plus and CA plus accounts)
Slab Amount Charges
Up to and inclusive of Rs. 5000/- NIL
Rs.5,001 and up to & inclusive Rs.25,000/- Rs.5.00
Rs.25,001 and up to & inclusive Rs.50000/- Rs.10.00
ISSUANCE OF DUPLICATE DEBIT CARD Rs.150/-
Charges for transactions through other bank BCAs for Non BSBD accounts per transaction" Financial Transaction(Cash Deposit/Cash Withdrawal/Fund Transfer) done through Other Bank BCAs Rs.30+GST per transaction
Non- financial Transaction( Mini statement) done through Other Bank BCAs Rs.6+GST per transaction
Miscellaneous Points
1. GST plus any other statutory charges thereon shall be collected in addition, wherever applicable ,as per circulars/communication issued from HO
2. COMMISSION NEED NOT BE LEVIED IN THE FOLLOWING CASES.
A. COLLECTION OF CHEQUES: (In the event of system collecting any service charges, the same shall be refunded manually, after confirming genuineness.
Local and outstation cheques tendered for collection by Departments of state, and other local bodies like Gramapanchayath, etc. Postage also need not be charged.
Instruments involving subsidies and margin money and instruments deposited by Govt. departments.
Cheques issued by Govt. of India from Prime Minister’s relief fund.
Cheques issued as per court orders, the proceeds which are invested in deposits with us. Postage also waived
Cheques tendered by Advocates representing the amount remitted in court for credit of LPD accounts at our branches. Postage also waived.
Instruments received in Non-Resident Indian’s accounts, the proceeds of which are credited to their NR accounts
B. DD COMMISSION
DD commission need not be collected in the following remittances: (In the event of system collecting service charges, the same shall be refunded manually, after confirming genuineness.)
Remittance of proceeds of loans granted under SGSY/ DRI/ Government Sponsored / subsidy oriented schemes. Postage also need not be collected ( for all other loan accounts, commission / postage to be levied)
Remittance of insurance premia (initial as well as renewal) in respect of loans granted under DRI / SGSY /Other Government sponsored schemes / Crop insurance. Postage also need not be collected (For all other loan accounts, commission & postal tariff are to be levied).
Remittance of maturity proceeds (including closure before maturity) of term deposits as per instructions of the depositor, irrespective of the amount of deposit, provided the same is made in the name of the depositor only)
Remittance of Government funds by DRDA and other Government Departments involved in implementation of Government sponsored schemes like SGSY / Social Security Schemes, etc
Remittance in terms of attachment orders issued by Courts and remittance of Court collections in respect of EPs/Suits, etc. made by Panel Advocates to the credit of loan / LPD accounts of our branches, postage also need not be collected
Issue of DD for remitting RR proceeds, provided the recovery relates to our branches
Remittance towards Prime Ministers Relief Fund of all State / Union territories
DDS issued to Local Self Government Institutions for bona fide Government purposes
C. DEPOSIT RECEIPTS / ACCOUNTS ACCEPTED FOR COLLECTION
(In the event of system collecting any service charges, the same shall be refunded manually)
OUTWARD
When deposits are held with our own branches, commission need not be collected. When the deposits are held With other banks, commission & postage may be waived if the proceeds are deposited with us, in our term deposit schemes, for a minimum period of 91 days."
INWARD
For items received from our own branches, commission & postal tariff need not be levied.
D. PAYMENT OF INTEREST OF TERM DEPOSIT WITH OUR BANK
When proceeds are sent to our own branches / directly to depositor, commission & postal tariff need not be collected
E. SERVICE CHARGES FOR STAFF MEMBERS OF THE BANK / RETIRED EMPLOYEES / SPOUSE OF DECEASED EMPLOYEES / SPOUSE OF DECEASED RETIRED EMPLOYEES
In the event of system collecting any service charges, the same shall be refunded manually
The following facilities / items of service may be extended to the above category of persons without levying commission, postage and other charges
Concessions permitted for:
Staff members of the Bank
Retired employees
Spouse of the deceased employee
Spouse of the deceased Retired employees
issue of DDS and Local DDS
Collection of all Outstation and local instruments, deposit receipts, transfer of deposit accounts, provided the instruments in question are drawn in their favour
Discounting of Drafts and other Specified instruments in their favour (Not endorsed in their favour), subject to the vested powers for discounting
Cancellation / Revalidation of DDs issued to them
ATM maintenance charges
Issue of Duplicate DDs, Pass books and Deposit receipts
For instruments drawn on other banks, charges levied by other banks are to be borne by the Beneficiary.

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