(Scheduled Commercial Bank)

 
 
Sr. No. Nature of Service  
Existing Charges
Revised / New Charges
16 Remittances of banks    For remittance of banks own deposits to other   For remittance of banks own deposits to other 
   own deposits to other    banks, charges to be levied as per prescribed    banks, charges to be levied as per prescribed  
  banks    charges of DD/TT/MT (remittances) plus postage.   charges of DD/TT/MT (remittances) plus postage. 
         
17 closure of    a) C/A - Rs. 100/- plus folio charges as a) C/A - Rs. 150/- plus folio charges as
  Accounts within    per the scale of charges applicable.   per the scale of charges applicable. 
  12 months.    b) S/B A/c - 1) without cheque book Rs. 25/-   b) S/B A/c - 1) without cheque book Rs. 50/- 
                           2) with cheque book Rs. 50/-                       2) with cheque book Rs.100/- 
         
18 Charges for not    a) Metro / Urban Branches   a) Metro / Urban Branches 
  maintaning     C/A - Rs. 50/- Per Month   C/A - Rs. 100/- Per Month 
  (Monthly Average     S/B -  Rs. 10/- Per Month   S/B -  Rs. 25/- Per Month 
  Balance)    b) Semi Uraban / Rural Branches   b) Semi Uraban / Rural Branches 
       C/A - Rs. 25/- Per Month   C/A - Rs. 50/- Per Month 
       S/B -  Rs. 5/- Per Month   S/B -  Rs.10/- Per Month 
       (To be levied per month till minimum balance is   (To be levied per month till minimum balance is 
       restored)   restored) 
         (In case of dormant accounts,  If full balance is  
         not available in the A/c, to debit the above charges  
          Branch can appropriate entire balance & closeA/c.) 
         (In other cases, these charges to be shown as to be 
         recovered and should be recovered when customer 
         operates his account) 
19 Ledger Folio used           
  in CD/OD/CC a/cs      
      For Current /CC / Over Draft a/c :- For Current /CC / Over Draft a/c :-
       Rs. 40/- per ledger page.   Rs. 40/- per ledger page. 
         
      Average Credit Balance for Free Ledger Average Credit Balance for Free Ledger
      Pages allowed per year Pages allowed per year
      I) Up to Rs. 25000/- - NIL I) Up to Rs. 25000/- - NIL
      ii) Above Rs. 25000/- to Rs. 50000/- - 3 ii) Above Rs. 25000/- to Rs. 50000/- - 3
      iii) Above Rs.50000/- to Rs. 1. Lac - 5 iii) Above Rs.50000/- to Rs. 1. Lac - 5
      iv) Above Rs. 1 Lac to Rs. 2 Lacs - 10 iv) Above Rs. 1 Lac to Rs. 2 Lacs - 10
      v) Above Rs. 2.00 Lacs - ALL v) Above Rs. 2.00 Lacs - ALL
         
      (For accounts maintained on Computer (For accounts maintained on Computer
      40 entries or part thereof to be treated 40 entries or part thereof to be treated
      as one ledger page.) as one ledger page.)
         
      Note :- Note :-
      No folio charges for Saving Bank A/cs. No folio charges for Saving Bank A/cs.
         
20 Handling cash    Any such tender of cash up to Rs. 50,000/- --   Any such tender of cash up to Rs. 50,000/-  
  from Non-Customers    Normal charges + 50% of Normal Charges   Normal charges + 50% of Normal Charges 
  who tender large    to be levied.   to be levied. 
  amount of cash for      
  Remittances /       
  payment of bills etc.      
         
21 Attestation of      
  Customers Signature /    Free                            Rs. 25/-
  Photo      
22 Enquiry relating to old    2 to 3 years old - Rs. 25/-   2 to 3 years old - Rs. 50/- 
   records ( more than    3 to 5 years old - Rs. 40/-   3 to 5 years old - Rs. 60/- 
  24 months old )    More than 5 years old - Rs. 50/-   More than 5 years old - Rs.100/- 
         
         
23 Issuance of any other     a) For Agriculture purpose - No dues   a) For Agriculture purpose and Govt Sponsured   
  certificate eg. No dues,    Certificate / NOC to be issued free of cost   Schemes - No Deues Certificate / NOC to be  
  Balance confirmation,    as per RBI guidelines   issued free of cost as per RBI guidelines 
  maintainance of a/cs etc.    b) For others - Rs. 10/-   b) For others - Rs. 25/- 
         
24 Presentation of Usance    a) Less than Rs. 25000 - Rs. 10 Per bill   a) Less than Rs. 50000 - Rs. 50 Per bill 
  bills for acceptance    b) Above Rs. 25000 - Rs. 25 per bill   b) Above Rs. 50000 - Rs. 100 per bill 
         
25 Loss of Token    Rs. 50/- Per Token   Rs. 100/- Per Token 
         
26 Locker Rent   Depending on the size of locker at each branch Depending on the size of locker at each branch
    --------- communicated to branches vide circular no.  communicated to branches vide circular no. 
      HO/ACCTTS&OP/2219/2005 dated 10/2/2005 HO/ACCTTS&OP/2219/2005 dated 10/2/2005
         
         
         
         
27 Bills Purchase     1) Outstation :-
  And Discount     a) DD / Cheques / Bills / Hundies :-
    1) Outstation :- a) DD / Cheques / Bills / Hundies :- Rs. 4.50/- per Rs. 1000/- or part thereof 
      Rs. 4.50/- per Rs. 1000/- or part thereof  (additional postage expenses and collecting
      (additional postage expenses and collecting bank's charges. If the bill is honoured after
      bank's charges. If the bill is honoured after 7 days interest will be charges @ 18.00% p.a.
      7 days interest will be charges @ 18.00% p.a. (Subject to change as applicable from time to
      (Subject to change as applicable from time to time.)
      time.)  
        Instruction for collection charges
      Instruction for collection charges If the discounted cheque / DD / Hundies /
      If the discounted cheque / DD / Hundies / Bills returned unpaid. After 7 days on discount
      Bills returned unpaid. After 7 days on discount amount interest will be charged @ 18% till the
      amount interest will be charged @ 18% till the discounted amount recovered from the party.
      discounted amount recovered from the party.  2) Local :-
    2) Local :- b) Cheques / DD's purchase :-  b) Cheques/ DD's purchase
      Rs. 1.00/- Per Thousand  Rs. 1.00/- Per Thousand
28 RTGS Rs.100/- for inward transaction Rs.100/- for inward transaction
  (Outward Remittances) Rs.100/- + Pay order commission for outward Rs.100/- + Pay order commission for outward
    transaction transaction
       
29 NEFT    To be decided at the time of implementation
    Nil  
         
       
30 Record Copy of paid cheque   Nil                             Rs. 50/-
         
31 Postage / Courier   Nil Discretion to Branch Manager but not less than 
        actual cost.
32 Use of Fax/ Telephone/   Nil Discretion to Branch Manager but not less than 
  Modem     actual cost.
33 Stop payment       
  Instructions   Rs. 25/- Per instructions / Per Instrument Rs. 50/- Per Cheque 
        Rs. 250/- Per Series
         
NOTES :-        
1 The above charges are Normal standard charges applicable to all accounts.   
2 Branch can charge higher charges than the normal standard charges considering cost of transaction and cost of account to the Branch, status of account, nature of transaction and Banking relation of customer etc.
3 Branches have obtained concession for account holders from Head Office. Branch may continue the existing concession or charge additional amount by assessment of account and present status of account, balances, transactions, low cost deposit, term deposit and advances etc.  
4 Branch Manager should take into account cost of transaction while continuing existing concessions and recommended for new concessions. Branch should not suffer loss on account of any of the concessions granted to customers from services offered to such customers.
5 The above charges are normal standard charges and excluding service tax element therein. Branch should additionally collect service tax @ 12.36% on the above charges from customers. Kindly follow the method of calculation of service tax as per circular on service tax.