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Revised rates of Bank’s Charge / Commission Service Charges/Security Deposit/Fees ( with effect from 11-06-2021 )
| Sr No | Particulars | Bank’s Charge / Commission/ Service Charges/ Security Deposit/ Fees etc. |
|---|---|---|
| 1 | Issuance of Banker’s Cheque/Draft |
i) Up to Rs. 5000 to Rs. 30/- ii) Above Rs. 5000/- to Rs. 10000 Rs. 50/- iii) Above Rs. 10000/- Rs. 5/- per thousand (Maximum Rs. 10000/-) |
| 2 | Remittance through RTGS/NEFT |
RTGS– Rs. 100000 to Rs. 500000 -Rs. 25 per transaction Above Rs. 500000 - Rs. 50 per transaction
NEFT– upto Rs. 100000 - Rs. 5 per transaction Above Rs.100000 - Rs. 25 per transaction |
| 3 | Issuance of Banker’s Duplicate Cheque/Draft Cancellation / Revalidation of Banker’s Cheque / Draft |
i) up to Rs. 5000 Rs. 100 ii) Above Rs. Rs.5000 Rs. 200 |
| 4 | Return of cheque / ACH debit by the Bank to collecting bank or to the party for insufficient Fund or otherwise |
i) up to Rs. 50000 - Rs. 200/- per instrument ii) Above Rs. 5000 - Rs. 300/- per instrument
|
| 5 | Cheque deposited with us — Returned unpaid by other banks. |
Cheques upto Rs. 1 lac - Rs.200/- per instrument Cheques above Rs. 1 lac – upto Rs. 1crore – Rs. 400/- per instrument Cheques above Rs. 1 crore - Rs.1000/- per instrument (In addition, actual postage is applicable in all cases). |
| 6 | Issue of Duplicate Pass Book/ Statement of Accounts/ Term Deposit Receipts. |
Pass Book with latest entry-
Duplicate Statement Folio – Rs. 100/- |
| 7 | Issuance of Deposit at Call | Rs. 100/- per instrument |
| 8 | Stop payment instruction |
|
| 9 | Operational Instruction/ Deletion of name | Rs.200/- per case except in case of deletion of name of deceased depositor and except in case of also addition /deletion of name in Society/Institution Account |
| 10 | Attestation/Photo attestation Issuance of no dues Certificate / Verification of account holders signature/Certificates of maintanance of account with the branch of request/MMS Verification charges | Rs. 200/- per case |
| 11 | Closure of Current / Savings Account |
|
| 12 | Premature closure of Term Deposit Account | Rs. 100/- per case. |
| 13 | Transfer of Account from one branch to another (SB / CA) | Rs. 100 /- per account |
| 14 | Minimum balance to be maintained |
|
| 15 | Non-maintenance of Minimum balance |
|
| 16 | Account Maintenance Charges | Rs. 300/- per half year in each current A/c. |
| 17 | Inoperative Charges | SB A/c / CD A/c – Free |
| 18 | Charges for Cheque book |
Rs. 3.00 per leaf (First Cheque book of new account - SB,CD and CC OD free of cost at the time of
opening only)
|
| 19 | Charges for issuing daily/weekly Statement of accounts |
|
| 20 | Charges for late payment of Recurring Deposit Instalments | Rs.2 for Rs.100/- per month. |
| 21 | Enquiry relating to old records (more than 12 months old) | Up to 1 year old record Rs. 200/- per reference. Beyond 1 year Rs. 500/- per year per reference + out of pocket expense |
| 22 | Loss of Token | Rs. 100/- per token |
| 23 | Deposit / Withdrawal of Cash (home & non home branch) |
At Local (home) / non home branches
In terms of RBI circular - Free Note: For deposit of Cash - Cash handling charges shall be levied as applicable as aforesaid.
|
| 24 | Locker rent |
Rs. 750 per year. If any locker holder fails to pay the locker rent in due time 15 days grace time will be allowed. For Staff Members (existing & retired) – Rs. 400/- Locker can be leased for a period upto 3 years at a time subject to advance payment of rent. However, there would not be any concession in case advance rent is paid by customers. The rent payable for the overdue period to the date of revision would be recovered at old rate and the revised rate will be recovered proportionately from the date of revision. Refund of advance rent may be allowed for the un-expired period in case the locker is surrendered before the expiry of the period of three years for which advance rent has been paid. The refund will be made in complete years i.e. fraction of a year remaining in the year of surrender shall be ignored. |
| 25 | Locker Registration Cost (one time) | Rs. 200.00 |
| 26 | Locker visit charges |
No of Locker visit per year
|
| 27 | Security Deposit for locker holding. |
Rs.15,000/- (Fixed Deposit)
|
| 28 | Penalty for late payment of locker rent | Rs 10/- per month |
| 30 | Locker Surrender charge | Rs. 1000/- per locker |
| 31 | Loss of safe deposit locker key | Rs. 1000/- + actual expenses for breaking and replacement of the locker |
1. Collection of subsidy cheques issued by the Central and State Government under any programme whenever applicable is to be collected at par.
2. Collection of cheques at par and free remittance facility by way of DD/MT/RTGS/NEFT etc. may be allowed to blind & physically handicapped and also to institutions set up for their welfare/benefit, provided they bank with us. However postage and other out of pocket expenses should be recovered.
3. Cheques / Drafts favoring Prime Minister’s Relief Fund/Chief Minister’s Relief Fund are to be collected at par. However postage and other out of pocket expenses should be recovered.
4. Collection of instruments favoring Welfare Service, Charitable & Religious Institution may be allowed at par provided that these institutions are exempted from payment of Income Tax and also bank with us. However actual postage/transmission charges and out of pocket expenses must be recovered while collecting instruments for the above customers.
5. Collection of cheques of retirement benefit of ex-service holder is to be collected at par provided they bank with us.
6.Service Tax as applicable will be levied on all service charges and would be rounded-off to the next Rupee.
7.Concessions for Staff Members (existing & retired) :
Note: All out of pocket expenses to be recovered.
(Fees & Charges For Loans and advances with effective from 01/04/2014)
FEES AND CHARGES:
i) Bank loan upto Rs. 100000/- Rs. 200/-
ii) Loan above Rs. 1-00 lakh upto Rs. 3-00 lakh Rs. 400/-
iii) Loan above Rs. 3-00 lakh upto Rs. 5-00 lakh Rs. 600/-
iv) Loan above Rs. 5-00 lakh (Rs. 600/- + Rs.50/- Per lakh)
Loan against NSC/KVP/LIC Upto 100000/- Rs.50/-
Loan against Gold loan Above100000/- Rs.100/-
Tour,Festival Advance/Over Draft /Cash dep Rs.100/-
i) Bank loan upto Rs. 200000/- Rs.200/-+ST
ii) Loan above Rs. 2-00 lakh upto Rs. 5-00 lakh Rs. 300/-+ST
iii) Loan above Rs. 5-00 lakh upto 8-00 Lakh Rs. 600/-+ST
iv) Loan above Rs. 8-00 lakh upto 10-00 Lakh Rs. 800/-+ST
v) Loan above Rs. 10-00 lakh Rs.1000/-+ST
It will be applicable for Nominal members (except the Nominal member of Gold Loan/NSC/KVP etc./Cash dep/
Tour,Festival and Over Draft advance) and for societies, which borrow loan for its own but not for its members.
at the time of loan Rs.300/-
(except NSC/KVP/LIC/Gold loan/Cash dep/ Tour,Festival and Over Draft advance,) The necessary stamp papers shall be
purchased and the charge of authentication of Notary shall be born by the borrower.
(for search & title report of Lawyer).
i) Rs. 800/-Per case for nominal member of the bank for all types of loan and member of ECCS for HB loan.
ii) In case of MT/LT Agril.& Agril. Allied and Non-agril. Loan to the member of PACS ,the concerned PACS shall
arrange for search and title report from Bank’s empanelled Lawyer. Fees in this regard shall be born by the
applicant member not exceeding Rs.300/-in case of searching of land for more than one member at a time and in case
of searching of land for a single member fees shall not be exceeded Rs.600/-.
iii) Rs.300/-for the employee of the bank.
Rs. 3000/- (for valuation report of Bank paneled valuer).
0.25% of project cost plus S.T. for all proposal of financial accommodation loan/advance for Farm & farm- allied /Non-Farm sector for nominal member of the bank(except Loan to salaried person & NSC/KVP/Cash dep/Gold loan & Potato Bond Cash Credit Loan, Tour,Festival and Over Draft advance). In case of home/house building loan appraisal fees will be applicable 0.10% of project cost plus S.T. to nominal member of the bank and member of ECCS..
The appraisal fee will be calculated on the project at individual level and in respect of Co-Operative Societies,
appraisal fee may be calculated on the project cost of the society if the project/loan is meant for society itself
not for its members, loan to members through Co-Op society, the calculation of appraisal fees shall be made on the
basis of project cost of the individual members level/or unit level.
i) Mortgage Karbarnama for ST SAO loan through PACS:- Rs.20/- per member.
ii) Deed of mortgage/mortgage bond for loan to member through PACS other than ST SAO loan:- Rs.50/- per member.
iii) For Equitable Mortgage of land:- Rs.100/- per case.
# Fees to be paid to the deed writer in case of sub clause no.(h) i) &(h) ii):- Rs.15/- per case.
i) Loan application forms :- Rs.25/- per set
(except Cash Dep/LAD,Tour/Festival advance, Over Draft & gold loan):-
ii) Nominal membership application form :- Rs.5/- per pc.
iii) LAD,Tour/Festival advance /Cash Dep/ Over Draft & gold loan :-Rs.10/- per set
i) Loan upto Rs. 10000/- Rs.30/-
ii) loan above Rs.10000/- Rs 30/ plus
Rs.2/-per thousand excess of loan Rs10000/
(for securities in Non-agril nature-)as below-
| SL No | Nature of Transaction to be Registered | FORM.No | Amount of fee payble |
|---|---|---|---|
| 1 | Particulars of creation or modification of Security Interest in favour of secured creditors | FORM-1 | Rs.500 for creation and any subsequent modification of Security Interest in favour of a secured creditor for a loan above Rs.5 lakh. For a loan below Rs.5 lakh, the fee would be Rs.250/- for both creation and modification of security interest. |
| 2 | Particulars of securitization or reconstruction of financial assets | FORM-lll | Rs.1000.00 |
| 3 | Particulars of satisfaction of securitization or reconstruction transactions | FORM-lV | Rs.250.00 |
| 4 | Any application for information recorded / maintained in the register by any person | -- | Rs.50/-` |
| 5 | Any application for condonation of delay up to 30 days | -- | Rs.2500.00 in case of creation of security interest for a loan upto Rs.5 lakh and Rs.5000.00 in all other cases. |
| *Service Tax will be added | |||
The above charges, as the case may be, will be realized from borrower by Branch at the time of submission of proposal of loan/advance/financial accommodation and the Branch may pay the searching fees to lawyers and valuativaluer, fees to MK deed writer’s and fees to gold assessor after receiving the report from them properly.
