Service Charges

 Sl. No.

Particulars

  Service Charges

1

Opening & Minimum Balance

a

Savings A/C ( without cheque book )

Minimum balance – Rs 300/-

Savings A/C ( with cheque book )

Minimum balance – Rs 500/-

Savings / B.Bhavishya / Sanchayeeta A/c ( Sr. Citizen )

Minimum balance – Rs 100/-

No Frill A/c

can be opened with Zero balance & no requirement of min.balance

b

Current A/c ( Individual )

Minimum balance – Rs 3000/-

Current A/c ( Non Individual )

Minimum balance – Rs 5000/-

2

Penal Charges for fall of Minimum balance

a

SBD A/c without cheque book

Rs 20 /- per occasion

b

SBD A/c with cheque book

Rs 25/- per occasion

c

Current Deposit A/c

Rs 50/- per occasion

d

Staff members in their SBD A/c

Exempted

e

KYC deficient account

Rs 100/- p. a. Till account remains KYC deficient.

*The above charges are to be collected under advice to the customer. When the charges is more than the balance amount, then the a/c is to be closed under intimation to the customer by ordinary post. No consideration is to be allowed for revival of the said a/c other than shareholders.

3

Maintenace of a/cs (service charges)

a

SBD A/cs average credit balance upto Rs 10000/-

All entries to be charged @ Rs 50/- for every 50 entries or part thereof.

b

SBD A/cs average credit balance above Rs 10001/-

 No Charges

c

Current Deposit A/cs balance below Rs 25000/-

All entries to be charged @ Rs 50/- for every 50  entries or part thereof.

Current Deposit A/cs balance above Rs 25000/- 

No Charges

d

Cash Credit A/cs limit up to Rs 25000/-

No Charges

e

Cash Credit A/cs limit up to Rs 25001/- to 50000/-

No Charges

f

Cash Credit A/cs limit above Rs 50000/-

No Charges

4

 Service Charges for Issue of Duplicate Pass Book and Account Statement

a

Duplicate Pass Book with latest balance

Rs 100/- per occasion

b

Duplicate Pass Book / A/c statement with previous balance

Rs 100/- per ( 50 entries )

5

Service Charges for closure of A/c (within one year)

a

SBD A/c without cheque book

Rs.100+ maintenance charges

b

SBD A/c with cheque book

Rs.200+ maintenance charges

c

Current Deposit ( Individual )

Rs.200+ maintenance charges

d

Current Deposit ( Others )

Rs.400+ maintenance charges

e

Sanchayeeta Deposit A/c

As per circular issued on SD a/cs from time to time.

6

Service Charges for closure of A/c ( after one year )

a

SBD A/c without cheque book

Rs 50/-

b

SBD A/c with cheque book

Rs.100/-

c

Current Deposit ( Individual )

Rs.200/-

7

Service charges for issue of Cheque books

a

Free Cheque books ( For SBD A/c holder only )

20 leaves per annum

b

SBD A/cs beyond 20 leaves

Rs.3/-per leaf

c

Advance Cheque book on SBD A/cs ( should not be issued for use as PDC for outside finance )

Rs 10/- per leaf

d

Current Deposit A/cs ( Max 25 leaves at a time )

 Free cheques of 25 leafs for annum

e

If total credit transactions in Current  A/cs are in cheques

Rs.3/-per leaf

f

Urban Subidha/ Cash Credit

Rs.3/-per leaf

8

Service Charges for stop Payment instructions

a

SBD A/cs

Rs.50/-per instrument

b

Current  A/cs

Rs.100/-per instrument

c

Cash Credit A/cs

Rs.100/-per instrument

9

Service Charges for loss of Cheque Book

a

SBD A/cs per cheque

Rs20/-  Max-200

b

Current a/cs per cheque ( Individual )

Rs25/-  Max-300

c

Current a/cs per cheque ( Others )

Rs25/-  Max-300

10

Loss of Token

Rs 300/-

11

Service Charges for return of Clearing Cheque (Inward )- both Deposit & Loan A/c

Cheque received for debit to our customer a/c but returned due to Insufficient funds &  other reasons not attributable to our Bank.

a

Cheques below Rs 10000/-

 Rs 225/- per cheque

b

Cheques above Rs 10000/- upto Rs 50000/-

 Rs 225/- per cheque

c

Cheques above Rs 50000/- upto Rs 100000/-

 Rs 225/- per cheque

d

Cheques above Rs 100000/-

 Rs 350/- per lakh & part thereof

Clearing Cheques honoured on the same day by Cash Deposit including C/C & UrbanSubidha

Above charges to be collected

Clearing Outward ( Chqs sent for collection but returned due to insufficient funds or any reason not attributable to our Bank ).

a

SBD A/cs

Rs 100/- per cheque

b

Current / Cash Credit / Urban Subidha A/cs

Rs 100/- per cheque

12

Outstation Cheque / Bills ( Inward & Outward )

a

Upto Rs 10000/-

Rs100/- per occasion+ out of pocket exp

b

Above Rs 10000/- In both cases addl post + out of pocket exp(if any) to be collected

Rs200/-per occasion+ out of pocket exp

13

Balance Certificate in Deposit A/cs

a

SBD A/cs

Rs 50/- per occasion

b

Current /Cash Credit/ Urban Subidha A/cs

Rs 100/- per occasion

14

No Dues Certificate

a

Govt. Schemes

Free

b

Others

Rs 100/- per occasion

15

Verification / Attestation of Signature

a

For obtaining loans from other Banks / NBFC

Rs 150/- per occasion

b

Other Cases

Rs 150/- per occasion

16

Recording Reconstitution of Accounts

a

SBD A/cs

Rs 100/- per occasion

b

Other A/cs (No change in case of death of existing signatory)

Rs 100/- per occasion

c

Solvency certificate / Credit worthiness

i

Upto Rs 50000/-

Rs 100/- per occasion

ii

Rs 50001/- to 100000/-

Rs 200/- per occasion

iii

Rs 100001/- to 500000/-

Rs 300/- per occasion

iv

Rs 500001/- to 1000000/-

Rs 500/- per occasion

g

Above Rs 1000001/-

Rs 250 per 5 lakh or part thereof Min – 500/- & Max – 5000/-

17

Locker Rent

i.

Registration Charges

Rs 200/-

a

Small

Rs.750/- p.a

b

Medium

Rs.1500/- p.a

c

Big

Rs.2500/- p.a

ii.

Locker operation charges( 12 times in a year ) & then

a

Small (per operation charges beyond 12 p.a.)

Rs.100/- per additional operation

b

Medium (per operation charges beyond 12 p.a.)

Rs.100/- per additional operation

c

Big (per operation charges beyond 12 p.a.)

Rs.100/- per additional operation

 iii.

Penalties for Locker rent default

a

Small

Rs 75/- per quarter

b

Medium

Rs 150/- per quarter

c

Big

Rs 250/- per quarter

d

Loss of Locker Key

Rs 750 + actual charge incurred in breaking open the locker and changing the key by repairing the locker.

18

Old Record Enquiry

a

3 to 12 months

Rs.40/-

b

Above 1 year to 3 years

Rs.80/-

c

Above 3 years to 7 years

Rs.200/-

d

Above 7 years

Rs.400/-

19

Postage & Telegram

a

Ordinary / U.C.P.

Rs.20/-

b

Regd. Post

Rs.50/-

c

Telegram

 N.A.

20

Collection of Bills ( Inward/Outward )

a

Bill Amount upto Rs 1000/-

Rs 75/-

b

Bill Amount from Rs 1001/- to 5000/-

Rs 75/-

c

Bill Amount from Rs 5001/- to 10000/-

Rs 100/-

d

Bill Amount from Rs 10001/- to 100000/-

Rs 8/- per ‘1000’ , Min – Rs100/-

e

Bill amount over Rs 100000/-

Rs 8/- per ‘1000’ , Min – Rs100/-

Post / Tel Ch & other out of pocket exp to be recovered in bill collection ( Inward / Outward)

 N.A.

f.

Outstation cheques / bills where we have branches must be collected through these branches and the drawee branch shall remit the proceeds in full without deducting the collection Charge.

N.A.

g

Outstation cheques / bills collected through other banks

N.A.

h

Cheques / Bills received for collection from other banks

 N.A.

21

Remittance Charges ( DD/MT/TT )

a

Upto Rs 500/-

Rs 50/-

b

Rs 501 to 1000/-

Rs 50/-

c

Rs 1001 to 5000/-

Rs 50/-

 d

Rs 5001 to 10000/-

Rs 50/-

e

Rs 10001 to 100000/-

Rs3/-per’1000′-Min-Rs 50 Max-15000

f

Rs 100001 to 1000000/-

Rs3/-per’1000′-Min-Rs 50 Max-15000

g

Over Rs 1000000/-

Rs3/-per’1000′-Min-Rs 50 Max-15000

h

For Axis Bank/IDBI ( at par cheques )

Rs 1.75/ 000 – Min -50/-

i

Current account Average Cr. Bal- Rs 1 Lakh or more ( for Axis & Other Bank Chq )

Rs 15/- per cheque

22

Issue of Duplicate/Revalidation/cancellation of Drafts / PO

a

DD / PO of our Bank

Rs 100/-

b

DD / PO of other Bank

Rs 100/-

23

Cancellation of Lost instruments ( DD/PO )

a

Upto Rs 10000/-

Rs 50 / instrument

b

Rs 10001 to Rs 50000/-

Rs 100 / instrument

c

Above Rs 50000/-

Rs 200 / instrument

In case of cancellation / revalidation / duplication of other bank instrument, collect the actual expenses or above charges which is more

24

Service Charges for issue of Pay Orders

a

Upto Rs 5000/-

Rs 25/-

b

Rs 5001/- to Rs 10000/-

Rs 50/-

c

Rs 10001/- to Rs 100000/-

Rs 2/1000,  Min-Rs 50,Max-Rs2000/-

d

Above Rs 100000/-

Rs 1.50/ 1000,  Min-Rs 200,Max-Rs2500/-

Addl. 50% of these charges applicable in case of cash purchase.

25

Service Charges for Transfer of Funds

a

Between branches at Cuttack for all accounts

 Nil

b

Between local & outside branches For all A/cs ( Loan a/c exempted )

Rs1/- per ‘1000’ Min-Rs50/-  per transaction

c

Cash Handling Charges ( C.C. & Urban Subidha only )

Upto 1 Lakh – Nil, Above Rs 1 lakh per day Rs 10/- per packet containing 100pcs. of same denomination or part thereof.

26

Saleable Forms.

a

L.A.F (for individuals, SBL, Cons/MB/Personal )

Rs 50/-

b

L.A.F. ( for Transport/ Big B/s & CC loans )

Rs 200/-

c

Urban Subidha

Rs 200/-

d

Urban Friend-in-Need

Rs 200/-

e

Urban Sikhyatan Nibesh

Rs 200/-

f

Urban Vidyarthi Vikas

Rs 200/-

g

Urban Arogya Yojana

Rs 200/-

h

Dhanwantari Vikas Yojana

Rs 200/-

i

Mortgage / Reconveyance Deed

Rs 200/-

J

For Mortgage/Reconveyance Deed prepared at Legal (HO)

Actual Cost

27

Processing Fees

a

B/s loan up to Rs 50000/-

Nil

b

Rs 50001  to Rs 100000/-

Rs 200/-

c

Above Rs 100000/-

Rs 200/- per lakh & part thereof

d

Motor Bike

1.50%

e

Consumer Loan upto Rs 10000/-

Rs 75/-

f

Consumer Loan above Rs 10000/-

Rs 150/-

g

Transport/ Big B/s / Personal Loans

i

Up to Rs 100000/-

Rs 200/- per lakh

ii

Above Rs 100000/-

Rs 200/- per lakh or part thereof, Max – Rs 10000/- 

h

House Building / Repair / construction

Rs 200/- per lakh or part thereof, Max – Rs 10000/- 

i

Urban Friend-in-Need

1%, Min – 500/-, Max –  15,000/- 

j

Urban Subidha

0.5% Min-500/-, Max- 10,000/-

k

Dhanwantari Vikash Yojana

 1%, Min – 500/-, Max – 15,000/-

l

Urban Vidyarthi Vikash

Free 

m

Urban Paribahana Surakhya

 1% , Min- 500/-, Max – 15,000/-

n

Other Schemes

 As applicable to B/s & Trans. Loan

o

Revalidation

0.50% of the applicable Processing Fees

p

Adhoc sanction of Loan Limit

Pro-rata for the period of Ad-hoc      ( Min – 1 month period to be considered for calculation) at the applicable rate for the ad-hoc portion over existing limit.

q

Renewal of Cash Credit limit/ review of Term Loan

Rs 100/- per lakh, Min-500/- Max- 10000/-

r

Charges for carrying out Inspection of Securities charged to the Bank

1

Upto 5.00 Lakh

Rs 500/-

2

Rs 5,00,001/- to Rs 50.00 Lakh

Rs 1,000/-

3

Rs 50,00,001 to Rs 1.00 Crore

Rs 2,000/-

4

Above Rs 1.00 Crore

Rs 5,000/-

s

Providing Credit opinion

Rs 250/-

28

Sanchayeeta Accounts

a

Closure of Account

 As per circular issued from time to time

b

Premature Closure of Account

 As per circular issued from time to time

c

Monthly Funds transfer to loan A/c upto 5 Lakh

 As per circular issued from time to time

d

Monthly Funds transfer to loan A/c above 5 Lakh

As per circular issued from time to time

29

Service ( Commitment ) Charges

a

Premature closure of any loan a/c ( within one year )

0.50% on sanctioned amount

b

Non utilization of CC limit to the extent of 20% or more / maintaining credit balance in the A/c

2% of the unutilized amount per month.

30

Service Charges for NEFT/RTGS

a

NEFT upto Rs 2,00,000/-

Rs 25.00

d

NEFT above Rs 2.00 lakh

Rs 25.00

e

RTGS upto Rs 5.00 lakh

Rs 50.00

F

RTGS above Rs 5.00 lakh

Rs 100.00

31

Bank Guarantee Fees

2.5% if secured by 100% tangible security, 3% if secured by collateral securities ( in case of B.G. obtained from other banks Service Charges paid to that bank or our bank charges whichever is more ).