Service Charges

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Service Charges

BOD – 28/12/2023

W.E.F. :- 01/01/2024 (G.S.T. @18.00%)

Sr.No. Services (Description) Charges
1 Evaluation fee (Advances)
(other than Advances against Bank’s  Term Deposits)		 (a) Personal Loans :- 1 % of loan amount + GST

(b) All other loans/Advances :- 0.30%(Max. Rs 15000/-)+GST

(c) Renewal of LIMITS :- 0.20% of sanctioned limit + (Min. Rs. 2000/-) + GST
2 Issuance of DRAFTS/PAY ORDERS/ Bankers’ Cheque above
Slabs Rates (Inclusive of GST)
Up to Rs 5000/- 50/-
Rs.5001/- to Rs.25000/- 75/-
Rs.25001/-to Rs.50000/- 150/-
Above Rs.50000/- Rs. 3.00 per
Thousand
(in case of part amount, next higher amount in thousand)

Issuance of DRAFTS/PAY ORDERS/ Bankers’ Cheque Cancellation Charges

Rs. 50/- Per Instrument (inclusive of GST)
3 IBC/OBC Commission Savings Accounts (Maximum inclusive of postal charges) Other Accounts (actual postal charges to be recovered)
Up to Rs 5000/- Rs. 30/-  (Inclusive of GST) Rs. 70/-  (Inclusive of GST)
Above Rs.5000/- to Rs. 10000/- Rs. 60/- (Inclusive of GST) Rs. 90/-  (Inclusive of GST)
Above Rs.10000/- to Rs.1,00,000/- Rs. 120/- (Inclusive of GST) Rs. 140/- (Inclusive of GST)
Above Rs. 1,00,000/- Rs  200/- (Inclusive of GST) Rs  200/- (Inclusive of GST)
4 Cheque Return Charges
Inward Cheque Return Rs. 200/- (Inclusive of GST)
Outward Cheque Return Rs. 100/- (Inclusive of GST)
Cheque issued to Finance Company/ Institutions Rs. 300/- (Inclusive of GST)
5 Cheque Book Charges Rs. 4/- per leaf (For all Categories) – Inclusive of GST
6 Stop Payment Charges Rs. 100/- Per Cheque (Inclusive of GST)
7 Duplicate Pass Book Rs. 100/-  (Inclusive of GST)
8 Incidental Charges (other than savings Accounts) Rs. 50/- +  Re. 1.50/- per entry (Inclusive of GST)
9 Technology Charges/SMS etc. Saving/Current Account – Rs. 30/- (Inclusive of GST)
Loans/Over Draft Account – Rs. 50/- (Inclusive of GST)
10 Charges in in-operative/Dormant Accounts Saving Account – Rs. 30/- (Inclusive of GST)
Current Account – Rs. 50/- (Inclusive of GST)
11 Locker Charges

Class

Applicable to New Allotment, Renewal and Transfer

Small Size  Category S  –  2

A

Rs. 1000/-   P.A. (Security Deposit Rs 5000/- Inclusive of GST)

Medium Size Category S  –  1

B

Rs. 1300/-   P.A. (Security Deposit Rs 5000/- Inclusive of GST)

Medium Size Category M – 1

C

Rs. 2000/- P.A. (Security Deposit Rs 10000/- Inclusive of GST)

Large  Size Category L  –  2

D

Rs. 3500/- P.A. (Security Deposit Rs 20000/- Inclusive of GST)

Large  Size Category L  –  1

E

Rs. 4000/- P.A. (Security Deposit Rs 20000/- Inclusive of GST)

12

RTGS Charges OUTWARD

Up to   Rs. 5,00,000/-

Rs. 30/-   (Inclusive of GST)

Above Rs   5,00,000/-

Rs. 60/-  (Inclusive of GST)

13

NEFT Charges OUTWARD 

Up to Rs.  1,00,000/-

Rs. 6/-  (Inclusive of GST)

Above Rs. 1,00,000/-

Rs. 30/- (Inclusive of GST)

14

Debit card issue charges

Rs.  200/-(Inclusive of GST)

Card Renewal charges

Rs.   150/- every year (Inclusive of GST)

Duplicate card charges

Rs.  200/- (Inclusive of GST)

Duplicate PIN charges

Rs. 150/- per request (Inclusive of GST)

15

CIBIL Report Charges

For proposals of Rs. 5 Lakh & above (Inclusive of GST)

For individual/proprietorship applicants

Rs. 50/- per report – up front  (Inclusive of GST)

For firms/companies

As per bill/minimum Rs. 250/- – up front (Inclusive of GST)

 

 

NOTES: –

(1) Relaxation/Relief to any customer in above mentioned charges (Except LOCKER CHARGES) can be given with the  permission of Managing Director.

 (2) Relaxation in security deposit norms are provided to Directors and Staff.

 (3) Concession of 30 % on principal Locker rent and all charges waived on staff account other then locker.

 (4) When the locker rent is paid in advance for 3 years 10% discount to be allowed.

                       

                                                                                                               

Managing Director