|REVISED SERVICE CHARGES W.E.F. 01.12.2018|
|1||Commission on Bills||Upto Rs.1000/-||100/-+ GST|
|Above Rs.1000/- Upto Rs. 5000/-||100/-+ GST|
|Above Rs.5000/- Upto Rs. 10000/-||100/-+ GST|
|Above Rs. 10000/- Upto Rs. 100000/-||Rs.8/- per Rs.1000 Min – Rs.100/-+GST|
|Above Rs. 1 lakh||Rs.8/- per Rs.1000 Min – Rs.800/- Maximum Rs.15000/-+GST|
|2||Commission on outstation cheques||Inclusive of Postage and other out pocket expenses||Inclusive of Postage and other out pocket expenses|
|Up to & including Rs.5000/-||Rs. 25/- +GST|
|Above Rs.5000/- & up to & including 10000/-||Rs. 50/- + GST|
|Above Rs.10000/- and up to & including Rs. 1.00 Lakh||Rs.100/- + GST|
|Above Rs.1.00 Lakh||Rs. 5/- per 1000 + GST (Minimum 500/- Maximum 12000/- )|
|Local Cheques: Branches falling under CTS clearing house shall collect applicable charges relating to local cheque collection(Cir.No.73/18).Collection of cheques relating to pld age pension/Student scholarship shall be collected at PAR without charges/Out of pocket expenses|
|Refer Annexure for exemptions|
|3||Handling charges for Bills/Cheques returned unpaid:(For local/CTS clearing)||For Local Cheques:|
|i) Cheques issued by our Account holders but returned unpaid by us through clearing or across the counter for want of funds|
|a) For SB A/c Cheques returned:||Rs. 100/-+ GST|
|b) For CA/OD/CC A/c cheque returned||Rs. 200/-+ GST|
|ii) Cheques deposited by our customers to the credit of their accounts with us but returned unpaid by other Bank:||SB- Rs 100/-+GST,CA- Rs 200/-+GST|
|4||Exchange on pay order/banker’s cheque||Upto Rs. 5000/-||Rs.30/-+GST|
|Above Rs.5000/- upto Rs. 10000/-||Rs.50/-+GST|
|Above Rs.10000/-||Rs.2 /- per Rs.1000/- or part thereof with a minimum of Rs.50/- & maximum of Rs.1500/-.+GST|
|5||Exchange on Remittance(Demand Drafts)||For amount Upto Rs. 5000/-||Rs.40+GST|
|Above Rs.5000/- upto Rs. 10000/-||Rs.50+GST|
|Above Rs.10000/- up to Rs.1.00 lakh||Rs.2.50 per ‘000 with a minimum of Rs.50/-+GST|
|Above Rs.1.00 lakh||Rs 5/- per ‘000 with a minimum of Rs.500/ maximum of 20000/-+GST|
|For Local Bills and Outstation cheques/Bills returned unpaid:
a) Outstation cheques: 50% of prescribed collection charge subject to minimum of Rs. 200/- & maximum 500/-
b) Local/outstation Bills: 50% of prescribed collection charges subject to minimum of Rs. 200/-.& maximum of Rs.500/-
Aforesaid guidelines Regarding returning charges laid down are also applicable to our Staff Cheques/Bills returned unpaid.
|6||Service Charges for Inter Branch transactions under CBS||ECS -Debit cir.136/11|
|ECS Returns||SB-75/- CA/OD-150/-+GST|
|7||Electronic Payment System||NEFT/RTGS inward||NIL|
|NEFT Outward||Up to Rs.1 lakh- Rs.5/- per transaction+GST|
|Above Rs.1 lakh to Rs.2 lakh –Rs. 15/- per transaction+GST|
|RTGS Outward||Above Rs.2 lakh- Rs 5 lakh Rs.30/- per transaction+GST|
|above Rs.5.00 lakh- 60/- per transaction+GST|
|8||Cash withdrawal charges at non home branches||Maximum amount that can be en cashed in a single day from all non home branches of the Bank by the customer||Maximum withdrawal Rs.50,000/- only by cheques subject to production of Pass book|
|Encashment of uncrossed third party cheques||Encashment of uncrossed third party cheques is permitted only at home branch and not at non-home branches.|
|9||Acceptance of cash at CBS branches for credit of the customers account at other than home branch (inter city)||i)Maximum cash deposit not to exceed Rs. 100000/- per day|
|ii) Upto 50000/- At par, Above 50000/- service charge of Rs 50/-+GST|
|Cash can be remitted at any CBS branch by an account holder or his authorised representative for credit of his Loan accounts including NPA accounts at PAR.(NA for regular SOD/CCOD for which applicable charges to be collected.)|
|10||Service Charges for Online Fund Transfer||Transfer of Funds between Accounts at branches located in different centres:|
|Up to Rs. 1 lakh- Rs. 10/- per transaction+GST|
|Above Rs. 1 lakh up to 5 lakh –Rs.30 /+GST- per transaction|
|Above Rs. 5 lakh Rs. 50/- per transaction.+GST|
|11||Cash handling charges(cash credit to CA,CC & OD a/cs)||i)Upto Rs.1.00 lakh- NIL|
|ii)Above Rs.1.00 lakh- Rs.2/ per ‘000 or part there of with a minimum of Rs. 100/- & maximum of Rs 2500/-+ GST|
|12||Ledger Folio Charges applicable to OD,ODD,CA.KCC a/cs||Rs.100/-+GST per folio (one side of ledger page) for both manual and computer page (30 entries or part thereof considered as one ledger page / folio) should be charged per annum.|
|If statement of A/c is issued in addition to pass book applicable charges as above shall be collected.|
|13||Transmission Charges (Postal Tariff)||Ordinary Post||Actual charges or minimum of Rs.20/-+GST|
|Registered Post||Actual charges or minimum of Rs.50/-+GST|
|Courier Charges||Actual charges or minimum of Rs.50/-+GST|
|Telephone Charges||Rs. 10/- per local call,applicable to loan accounts also.|
|14||Processing Charges on Loans/Advances:||For Advances upto Rs.2 lakh||0.5% of sanction amount with a minimum of Rs.250/-+GST|
|For Advances above Rs.2 lakh||1% of sanction amount with a minimum of Rs.2000/-+GST|
|Loan under VISA(cir.136/18)||Rs.250+GST|
|Jewel loans of all kinds||0.25% of loan amount with a minimum of Rs.25/-+GST|
|Exceptions – Processing Charges not to be levied for following loans:-
1) All Priority Sector loans upto Rs. 25000/- (cumulative)
2) DRI loans.
3) SHG loans.
4) Staff loans.
5) Advances against term deposit of our Bank.
6) NPS loans upto Rs 5000/-
|15||Commission on Bank guarantee||i. Performance Guarantee(i.e. Guarantee issued in respect of performance of non-monetary
obligation of the party).
|Rs.250/- plus 3% p.a.+GST with minimum of 1.5%|
|ii. Other than performance Guarantee||Rs.250/- plus 3.0% p.a.+GST with minimum of 1.5%|
|iii. If above Guarantees are secured by 100% cash margin in Term dep.||`250+ 25% of stipulated charges+ GST|
|Apart from commission stated above on Guarantees, processing charges shall also be collected on BGs issued as under: For BGs upto Rs. 50 lakh Processing charges at the rate of 0.25% of BG amount with a minimum of Rs.25/
For BGs more than Rs. 50 lakh Rs. 12,500 + Rs. 125/- per every lakh or part there of exceeding Rs. 50 lakh with a maximum of Rs. 5 lakh
|16||Inspection Charges||For Advances upto Rs.25000/-||Priority Sector-NIL, Non Priority Sector-`100/- p.a.+GST|
|For Advances Above Rs. 25,000/- & upto and inclusive of Rs. 2 lakh||Priority loans: Rs 750/-p.a+GST `Non priority sector:1000/- p.a.+GST|
|For Advances Above Rs. 2 lakh to Rs.25 lakh||Priority Loans: ` 250 per Inspection per a/c with max of `1000/- p.a + GST. Non Priority: Loans: ` 300/- per inspection per a/c with max ` 1500/- p.a + GST|
|For Advances Above Rs.25 lakh||Both Priority and Non priority loans: ` 600 per inspection per a/c with max of ` 3000/- p.a+ GST|
|Exemptions:1)All Priority Sector Advances upto Rs. 25000/-.
|17||Penalty for non maintaining minimum balance in SB/CA||Rs.25/-+GST per month for SB A/c.(Auto debit in CBS)|
|Rs.100/-+GST per month for Current A/c.(Auto debit in CBS)|
|Rs.25/-+GST per month for JPSB A/c.(Auto debit in CBS)|
|Rs.100/- per month for VPSB &VSPSB if average monthly balance below the stipulated limit.(Auto debit in CBS)|
|Not applicable to:
a)Staff & Govt. deposit A/c.
c)Ex-employees of our Bank.
D)PMJDY/ No Frill accounts
|18||Minimum Balance limits||Current Account
For all current A/cs , min. limit shall be Rs. 5000/-for Urban and Rs. 2000/-semi urban & Rural branches.
i. Rs.1000/- for SB A/cs with a chequebook facility, for all category of branches.
ii.Rs. 500/- for SB A/cs without cheque book facility in case of Urban Branches & semi-urban and Rs. 250/- for Rural branches.
Minimum of Rs. 1000/- shall be maintained for JPSB accounts.
|VPSB & VSPSB Accounts (Cir No 52/08)
Rs. 10000/- for VPSB accounts and Rs. 20000/- for VSPSB accounts.
|19||Charges for issuing of cheque book||In Urban & Semi Urban areas|
|i.Rs. 4+GST. per cheque leaf for SB/Current/OD/CC A/c holder|
|ii. For SB A/cs of individuals, first 25 leaves will be issued free in a calendar year|
|In Rural areas|
|i. Rs. 4+GST. per cheque leaf for SB/Current/OD/CC A/c holder|
|ii. For SB A/cs of individuals, first 25 leaves will be issued free in a calendar year|
|Exemption: SB/ODD /OD A/cs of Staff members.|
|20||Issuing of Duplicate DDs/ Banker’s cheque/Pay orders||Rs. 100/- per instrument+GST|
|21||Cancellation/revalidation of DDs/Pay orders||Rs. 100/- per instrument+GST|
|22||Issuing of duplicate Pass book/statement/Loans pass book||Rs.100/-+GST, per passbook with latest balance.For uptodate entry Rs.50/-+GST per folio / page|
|23||Stop payment charges:||Rs. 100/-+GST per cheque.(Maximum Rs.300/- per occasion)|
|(Which involves remittances of funds to other Branches for credit to parties own A/c or in favour of 3rd parties.|
|Standing Instruction:||No charges|
|(Which involves credit to other than customer’s own A/c at the Branch)|
|25||Change in operational instruction||Rs.50/-+GST|
|26||Issuing Duplicate Term Deposit Certificate receipt:||Rs.100/-+GST per receipt|
|27||Service charges on Dormant A/cs.||No penal charges for non maintenance of minimum balance in respect of In-operative / Dormant accounts as per RBI guidelines w.e.f. 11.12.2014.|
|28||Cost of name plate||Rs. 100/- per nameplate+GST.|
|29||Issuing of No due Certificate (NDC)||Rs.50/- per certificate+GST.|
|Note: No NDC charges for applicants under Govt. Scheme.|
|30||Charges for closure of SB/Current A/cs||Irrespective of age of the A/c, Rs. 50/- for SB A/c & Rs. 100/- for Current A/c+GST.
*For the transfer of SB A/cs from one Branch. to another.
*Death of depositor.
|31||Issue of Balance confirmation/ Interest paid Certificate||Rs.50/-+GST|
|32||Penalty for delay in payment of instalment of cumulative / Recurring deposit a/c -Not applicable for Sanchayani Plus Deposit||Rs.1.5 for every Rs.100 p.m. for the SD/ RD A/cs of 5 years & less. A penalty of Rs.2/- for every Rs.100/- p.m. for SD / RDA/c of above 5 years.|
|33||Locker rent||Small – Rs.1000/-+ GST
Medium – Rs.2000/-+ GST
Large – Rs.3000/-+ GST
Very large- Rs.5000/-+ GST
|34||Locker Security deposit||Small – Rs.7000/-
Very large – Rs.12000/-
Note: i)Concession in locker rent for staff / Retired staff is extended to the extent of 25% of the total rent.ii)Security deposit is waived for Staff members.iii)Retired staff are not exempted from Security deposit.
|35||Service charges on non-availment of loan after sanction of proposal||Only applicable processing charges to be collected|
|36||Upfront fee for premature closure of loan A/c by transfer/takeover of liability by other Banks||For Advances outstanding above Rs.5 lakh, 0.5% of the loan amount outstanding. Exempted category:Housing loan irrespective of amount.|
|37||Service charges/ frequent withdrawals in SB A/c||If withdrawals exceed 50 per half year in SB A/c, Rs.100/- +GST per half year.|
|38||Jewel Appraiser Fees||Upto Rs.5000/- : Rs.25/ Above Rs.5000/- to Rs.10000/-:Rs.50/- ; above Rs.10000/- to Rs.100000/ : Rs.3 per ‘000 with min.Rs.75/- and max.Rs.200/-;Above Rs.100000/- :Rs.2 per ‘000,max.Rs.300 for Agri.JL & non Agri JL.|
|39||Charges for issuing Solvency Certificate:||Upto `1.00 lakh- `750/-+GST
Above ` 1.00 lakh upto `25.00 lacs- `3000/- +GST
Above ` 25.00 lacs to `50.00 lakhs- 6000/-+GST
|40||Scrutiny of Title Deeds (Legal/Professional Fees)||upto 5 lakh Rs.1000/ ,
above 5 lakh to 10 lakh Rs 2000/- ,
above Rs 10 lakh Rs.3000/-.
For Staff, Rs. 100/- for staff Housing loans.
|41||Issuing of Notice:||Ordinary Notice||Rs.50/-+GST per party per notice|
|Registered Notice||Rs.125/-+GST per party per notice|
|Note: Branches should not charge the cost of notices without actually sending the notices to borrowal A/cs.|
|Vakil Notice charges:||Professional fees of Rs. 250/- + Typing and Miscellaneous charges Rs. 50/- + Actual Postage per party + Service charges for the bank Rs.50/- +GST per Account.|
|42||Loss of token||Rs. 125/- per token+GST|
|43||Seizure of Hypothecated Assets||As per HO guidelines issued from time to time.|
|44||Commission / Service Charges for pre-mature closure of ND a/c / Transferring ND amount to Loan A/c||(i) 2% commission to be collected for the premature closure before one year.
(ii) 2% commission shall be collected for the transfer/ Adjustment of ND amount to loan A/c after 6 months and before one year either from the date of opening of ND A/c or from the date of previous transfer / adjustment of loan A/c. (Minimum Balance of Rs. 1,000/- to be maintained in ND A/c.)
(iii) Not to pay commission for the lumpsum collection made in anticipation of refund of SD Account or during the period of Six months preceding the date of refund / maturity/ closure of Account. The “Lumpsum collection” for the purpose will mean and include any monthly collection made by an Agent exceeding three times the normal / Average monthly collection during the period of Six months immediately preceding the date of such collection.
|45||Line of Credit||Rs.150/- per lakh with a minimum of Rs.750/-+GST and maximum Rs.10000/-+GST. (The Chairman has power to relax the charges upto a maximum of 50% of normal charges)|
|46||AMC (Annual maintenance charges) for ATM cards||For First Year of the Card no charges.From Second Year Rs. 100/- + (GST as applicable), per annum excluding PMJDY (Auto debit in CBS)|
|47||Inter Change Charges: (ATM Transactions)||For financial transactions:Rs. 20 per transactions inclusive of GST(Auto debit in CBS).|
|For non-financial transactions: Rs. 10 per transaction inclusive of GST (Auto debit in CBS)|
|First 5 transactions per month (including financial and non-financial transactions like balance enquiry mini statement etc) are free to our Customers. These 5 transactions are applicable to all type of ATMs including KVGB, Syndicate Bank and other Bank ATMs whether placed in Rural, Semi-Urban, Urban or metro ATMs).No exemptions are allowed to PMJDY, KCC and any other RuPay Cards, zero balance, BSBD and other such type of CASA account card holders.|
|48||SMS Charges||Rs. 20 inclusive of GST per quarter.(Auto debit in CBS)|
|49||Charges for issuing copy of old records:For ex: Copy of DD purchased from the Bank, copy of cheque issued and debited to the account etc., for any specific purpose subject to permission from the Competent authority||250/-+ GST upto 6 months old,
500/-+GST beyond 6 months.(Staff/Ex-staff exempted)
|50||Fee structure for Credit Information Reports for Consumer report||Upto Rs.1.00 lakh||Rs.200/- +GST|
|Rs.1.00 lakh to Rs.5.00 lakh|
|Above Rs.5.00 lakh to Rs.10.00 lakh||Rs.250/-+GST|
|Above Rs.10.00 lakh to Rs.25.00 lakh||Rs.300/-+GST|
|Above Rs.25.00 lakh||Rs.350/-+GST|
|51||Fee structure for Credit Information Reports for Commercial report||Rs2.00 lakhs & above||Rs.4000/-+GST|