Bank Service Charges & Fees

1.0 MAINTENANCE OF ACCOUNTS Sl. No. Type of service Service Charges [Incl. Service Tax] 1.01 Ledger Folio Charges: Savings Bank Account Current, Overdraft, Cash Credit account NIL Rs 100/- per folio 1.02 Duplicate Passbook/Statement With latest entry Previous entries per page Rs.75/- Rs.75/- 1.03 a) Cheque Leaf Charges (per leaf) For Savings Bank Account For Current & Barrowal Account For Non-MICR cheques (per leaf) b) Issue of loose cheques All types of Accounts Rs 5/ per leaf [For SB a/c 60 cheque leaves will be free in a FY] Rs 2.50/- per leaf Rs 2.50/- per leaf Rs. 10/- per leaf (Except in Rural & Semi urban branches) 1.04 Non-Maintenance of Quarterly Average Balance Savings Bank a/c Current a/c Corp Classic a/c Please note - SB A/c of Senior Citizens Rs. 75/- per quarter Rs. 300/- per quarter Rs. 300/- per quarter No charges 1.05 Stop Payment Instructions Savings Bank account Current account, Overdraft & Cash Credit Rs. 50/- per cheque Rs. 75/- per cheque 1.06 Standing Instructions Setting up For execution of standing instructions within the Branch Transaction involving credit to another branch/centre No charges for payment of installments for credit or term deposits maintained at other branches Rs 40/- One time No charge Rs 40/- per transaction 1.07 Confirmation of Specimen Signature For all purposes Attesting the Photograph Rs. 75/- Rs. 50/- 1.08 Issue of Certificates No objection / No dues / Balance / Interest charged / Cheque honoured / Account maintaining / etc. Issue of Interest Paid Certificate No Dues Certificate to Govt Sponsored credit Schemes Rs 50/- Exempted Exempted 1.09 Issue of Duplicate Deposit receipt Rs 60/- 1.10 Enquiry of old transactions Savings a/c Current & Borrowal a/c Rs 100/- Rs 150/- For entries upto 1 year no charge 1.11 Servicing of Dormant account Savings a/c Current a/c Rs 100/- per year Rs 150/- per year 1.12 Transfer of Savings Bank a/c Within the Bank To other banks NIL As per DD/PO charges 1.13 Transfer of Deposits (proceeds or interest) Within the Bank To other banks NIL As per DD/PO charges 1.14 Closure of account Savings Bank a/c Current a/c Corp Classic a/c Rs 200/- within 1 year Rs 100/- after 1 year Rs 300/- within 1 year Rs 300/- after 1 year Rs 112/- within 1 year Nil after 1 year 1.15 Addition / deletion of names in joint accounts / nomination / change in operational instructions Rs 30 per occasion 1.16 Allowing operation in account through Power of Attorney / Mandate holder Savings Bank a/c Current / Overdraft / Cash Credit Rs. 100/- Rs. 225/- 1.17 Change of authorized signatory including reconstitution of account Rs 125/- for every change 1.17 For Savings Bank account withdrawal either by cheque or otherwise exceeding 50 per half year Rs 2.50 per withdrawal (Min Rs 11/-) 1.19 Loss of complete blank cheque book and surrender of unused cheque leaves (Above 50% of unused leaves) Savings Bank a/c Current / Overdraft / Cash Credit Rs 112/- Rs 225/- 1.20 Cash Handling Charges [a] First 10 sections of rupee notes–(1000 pieces) irrespective of denomination. [b] From 11th Section onwards, (1 section = 100 pieces) Nil Rs.10/- per section, upto Rs.100 denomination Rs.6/- per section for notes above Rs.100/- denomination. Max. Rs.10,000/- 2.0 REMITTANCES Sl No Type of Service Service Charges [Incl. of Service Tax] 2.01 Remittance by issue of Demand Draft (DD), Mail transfer (MT), Telegraphic Transfer (TT) Up to Rs. 5,000 Rs. 5,001 to Rs. 10,000 Rs. 10,001 to Rs. 50,000 Rs. 50,001 to Rs. 1,00,000 > Rs 1,00,000 (Out of pocket expenses for MT/TT extra) Rs 30/- Rs 40/- Rs 2.50/1000 [Min Rs. 40] Rs 2.50/1000 Rs 2.00/1000 [Max Rs 10,000] 2.02 Issue of Pay Orders (PO) / Bankers Cheque / Local DD, RBI or SBI Cheque Up to Rs. 5,000 Rs. 5,001 to Rs. 10,000 Rs. 10,001 to Rs. 50,000 Rs. 50,001 to Rs. 1,00,000 > Rs. 1,00,000 Rs 30/- Rs 40/- Rs 2.50/1000 [Min Rs. 40] Rs 2.50/1000 Rs 2.00/1000 [Max Rs 10,000] 2.03 Revalidation (permitted one time), Cancellation and Issue of Duplicate DD / PO Revalidation of Instrument Cancellation of instrument Issue of Duplicate Instrument Rs 100/- Rs 100/- Rs 100/- 2.04 Electronic Clearing Service Per Transaction (from the corporate customer) ECS return charges SB Account CA & Borrowal Account If 3 or more cheques / ECS debit instructions are returned with the reason ‘insufficient funds’, the charges at the following rates: a) SB Account b) Current & Borrowal Accounts Rs. 3/- (Currently waived) Rs. 56/- per transaction Rs. 112/- per transaction Rs. 112/- per cheque or transaction Rs. 224/- per cheque or transaction 2.05 Electronic Products –RTGS/NEFT Transactions - Customer Transactions RTGS Outward transactions Rs. 1 to 5 lakh Rs. 5 lakh and above Inward – Local/Outstation NEFT up to Rs.1 lakh Rs. 1 lakh and above Rs. 28/- per txn Rs. 56/- per txn Nil Rs. 6/- per txn Rs. 28/- per txn 2.06 Corp Quick Remit – Online inward remittance service for NRI’s Handling Charges to be recovered from beneficiary Non-Account holder - Rs. 112 Account holder - NIL 2.07 Corp Express Money Transfer facility - remittance service for NRI’s Rs 112/- as handling charges 3.0 COLLECTIONS Sl. No. Type of Service Service Charges [Incl. Service Tax] 3.01 Collection of Outward / Inward Cheques: Upto Rs. 10,000/- Rs.10,001/- to Rs.1,00,000/- Rs. 1,00,001/- and above Rs. 55/- per instrument Rs. 110/- per instrument Rs. 165/- per instrument 3.02 Collection of Outward / Inward Bills Upto Rs.1000 Rs.1001 to Rs. 5000 Rs.5001 to Rs.10,000 Rs. 10,001 to Rs 50,000 Rs. 50,000 to Rs 1,00,000 > Rs. 1,00,000 Rs. 50/- Rs. 60/- Rs. 100/- Rs. 8.00/1000 [Min Rs. 100] Rs. 8.00/1000 Rs. 8.00/1000 (Max Rs.17,000) 3.03 Return / Dishonour of Bills / Cheques Cheques received in inward clearing For Savings accounts For Current, Overdraft & Cash Credit accounts Cheques sent in outward clearing (Cheques deposited by customer) For Savings accounts For Current, Overdraft & Cash Credit accounts Dishonour of local / outstation bills and outstation cheques Rs.100/- Rs.150/- Rs.50/-per instrument Rs.100/- per instrument 50% of collection charges (Min Rs.60) 4.0 PURCHASE/DISCOUNT OF CHEQUES/BILLS 4.01 Drawn on our Bank Drawn on other Banks Interest + collection charges + out of pocket expenses Interest + collection charges + out of pocket expenses + other bank charges 5.0 CORP VAULT [LOCKER FACILITY] / SAFE CUSTODY OF ARTICLES 5.01 Type of Cabinet [Annual Rent in Rs.] Metro Urban SU / Rural 10 Units Cabinet 7000 4000 2500 20 Units Cabinet 7000 4000 2500 21 Units Cabinet 6500 3300 2300 30 Units Cabinet * Medium * Large 3500 7000 2000 4000 1300 2500 32 Units Cabinet * Small * Medium * Large 1900 3500 9700 1500 2800 4700 800 1500 2900 36 Units Cabinet * Medium * Large 2500 5000 1500 3000 800 1600 45 Units Cabinet 1500 1200 700 51 Units Cabinet * Small * Medium * Large 1400 2800 7800 1200 2500 4100 700 1500 2300 75 Units Cabinet * Small * Medium * Large 1200 2000 6500 1100 1800 3300 700 1000 2300 90 Units Cabinet 1200 1100 700 Three years advance rent shall be collected at the time of allotment of lockers with annual rents payable at end of each year. 5.02 Penal Rent per Month Metro Urban SU / Rural * Small * Medium * Large 28/- 56/- 112/- 23/- 34/- 56/- 11/- 23/- 34/- 5.03 Charges for Corp Vault Operations Metro Urban SU / Rural 12 operations free in a quarter. Service charges as under shall be levied for each operation exceeding 12. 17/- 17/- 12/- 5.04 Safe Custody Charges [Per Annum] Service Charges Scrips Sealed Cover Sealed Box (upto 12”x12”x12”) Sealed Box (upto 30”x30”x30”)Interest / Dividend Warrants: Where amount is < Rs.500 Where amount is > Rs.500 Banks Own Term Deposit Receipts Rs. 6 per Scrip (Min 56) Rs. 112/- Rs. 561/- Rs. 898/- 0.28% of the amt 0.14% of the amt (Min Rs.1.25) FREE 6.0 CALL DEPOSIT RECEIPTS & SOLVENCY CERTIFICATES 6.01 Type of Service Service Charges [ incl. of Service Tax] 6.01 Call Deposit Receipt [CDR] * Issue of CDR * Issue of Duplicate CDR Rs.28/- Rs.34/- 6.02 Issue of Solvency Certificate * Amounts up to Rs One Lakh * Rs 1 lakh to Rs 3 lakhs * Rs 3 lakhs to Rs 5 lakhs * Rs 5 lakhs to Rs 10 lakhs * Rs 10 lakhs to Rs 25 lakhs * Rs 25 lakhs to Rs 50 lakhs * Rs 50 lakhs to 75 lakhs * Rs 75 lakhs to 1 crore * Above 1 crore & upto Rs. 5 crore * Above Rs. 5 crore Rs. 600/- Rs. 3,000/- Rs. 3,500/- Rs. 4,500/- Rs. 6,000/- Rs. 8,500/- Rs.17,000/- Rs.25,000/- Rs. 50,000/- Rs. 1,00,000 7.0 ADVANCES [Processing Charges] Sl. No. Type of Service Service Charges [ Incl. of Service Tax] 7.01 Consortium Advances where the Bank is the lead Banker 0.50% of the working capital limits 7.02 Priority Sector Advances * < Rs 2 lakh * > Rs 2 lakh NIL 0.40% of loan amount (Min. Rs. 800 & Max Rs. 20 lakh) 7.03 Other Advances: * < Rs 25,000 * Rs 25,000 to Rs 2 lakh * Above Rs 2 lakhs * Term Loans (Including Priority Sector) * Jewel Loans * Non Fund based limits * Review of Term Loans [including Priority Sector] Rs.250/- Rs. 500/- 0.50% of loan amt (Max Rs. 30 Lakh) Up front fee@ 1.50% of loan amount [25% to be collected at the time of submission of application, Max. Rs. 5 Lakh] 0.40% of loan amount (Min.Rs.100) 50% of charges applicable to fund based limits 0.10% of reviewed term loan amount [Max Rs. 15 Lakh] 7.04 Deliveries / Pledges Rs 850+ out of pocket expenses 7.05 Redemption of Securities Rs 225/- 7.06 Inspection Charges per occasion in respect of assets hypothecated/ mortgaged: * Upto Rs.25,000 * Rs. 25,000 to Rs. 2 lakh * Rs. 2 lakh to Rs.10 lakh * Rs. 10 lakh to Rs. 25 Lakh * Above Rs. 25 Lakh to Rs. 50 Lakh * Above Rs. 50 Lakh to Rs. 1 crore * Above Rs. 1 crore to Rs. 5 crore * Above Rs. 5 crore A1 Assets [ Inspection on quarterly basis] Nil Rs. 300/- Rs. 375/- Rs. 750/- Rs. 1,250/- Rs. 1,875/- Rs. 2,500/- Rs. 12,500/- A2-A3 Assets [Inspection on monthly basis] Nil Rs. 300 Rs. 375/- Rs. 750/- Rs. 1,250/- Rs. 1,875/- Rs. 2,500/- Rs. 12,500/- 7.07 Godown Inspection Charges At Actuals 7.08 Evaluation Fees (On Agricultural Loans, where NABARD refinance is available) 0.56% of capital outlay 7.09 Commitment charges on unutilized portion of sanctioned working capital Credit Limits 1.up to and inclusive of 25% 2.Above 25% Nil 0.25% on average unutilized credit 7.10 Charges for amendment of any sanctioned terms and revalidation, restructuring and rephasement Limits upto Rs.10 lakhs : Nil Limits >Rs.10 lakhs & upto Rs.1 crore : Rs.5000; [per occasion] Limits > Rs.1 crore & upto Rs.10 crore : Rs.50,000; [per occasion] Limits > Rs.10 crore: Rs.500000/- [per occasion] 7.11 Equitable Mortgage Charges to be levied for original and extension of mortgages less than Rs. 1 crore Rs.1 crore and above For commercial loans only [ Per Occasion] Rs. 10,000 Rs. 25,000 7.12 Earmarking of Limits : to beoperated at various branches Rs.10,000/- per Branch [one time charge] 8.0 BANK GUARANTEES Sl. No. Type of Service Service Charges [ Incl. of Service Tax] 8.01 Performance Guarantees / Other than Performance Guarantees Rs.225 plus 3% of BG amount per annum for financial guarantees (Min.of 2 quarter in both the cases) 9.0 CREDIT CARD [wef: 4th May, 2009] Sl. No. Particulars Classic Card Gold Card 9.01 Joining/Renewal fee [General] Rs.550/- (Joining/Renewal fee will be refunded if the Card is used for Rs.25,000/- or more within one year. Rs.1000/- (Joining/Renewal fee will be refunded if the Card is used for Rs.50,000/- or more within one year 9.02 Annual Fee-Main Card [General] Rs. 250/- Rs. 500/- 9.03 Annual Fee-Add-on Card [General] Rs. 100/- Rs. 300/- 9.04 Interest on Revolving Credit Facility (P.M.) 2.50% [30%] 2.25% [27%] 9.05 Interest on Cash Advance [P.M.] 2.50% [30%] 2.25% [27%] Common for Classic & Gold 9.06 Cash Advance Transaction Fee 2.50% (Min Rs. 150/-) 2.50% (Min Rs. 150/-) 9.07 Late Payment fees (per occasion) 30% of Min Amt. Outstanding (Min Rs. 100 & Max Rs. 500) 30% of Min Amt. Outstanding (Min Rs. 100 & Max Rs. 500) 9.08 Over Limit Charges Amount 2% on over limit (Min Rs. 100) 2% on over limit (Min Rs. 100) 9.09 Return of Cheque Rs. 100/- Rs. 100/- 9.10 VISA ATM Access Charges (Domestic) Cash - Rs. 50/- Non Cash - Rs. 30/- Cash - Rs. 50/- Non Cash - Rs. 30/- 9.11 VISA ATM Access Charges (International) Cash - Rs. 110/- Non-Cash - Rs. 25/- Cash - Rs. 110/- Non-Cash - Rs. 25/- 9.12 Duplicate Statement Request (beyond 3 months) Rs. 50/- Rs. 50/- 9.13 Replacement Card Rs. 100/- Rs. 100/- 9.14 Duplicate PIN Rs. 15/- Rs. 15/- 9.15 Chargeslip Request Rs. 100/- Rs. 100/- 9.16 Limit Enhancement Rs. 100/- Rs. 100/- 9.17 Balance Transfer Processing Fee 1% of transfered amount (Min Rs. 100/-)* 1% of transfered amount (Min Rs. 100/-)* 9.18 Balance Transfer Interest Charges 1.50% per month for 1st 75 days; thereafter normal interest as applicable for revolving credit* 1.50% per month for 1st 75 days; thereafter normal interest as applicable for revolving credit* 9.19 Dial-a-DD transaction fee 1% of DD Amount (Min Rs. 100/-) 1% of DD Amount (Min Rs. 100/-) 9.20 Conversion to EMI payment a] Processing Fee - 1% of principal (Min Rs. 100/-) b] Pre-closure fee - 2% of Amt. outstanding c] Interest- 12% P.A. Interest - 12% per annum a] Processing Fee - 1% of principal (Min Rs. 100/-) b] Pre-closure fee - 2% of Amt. outstanding c] Interest- 12% P.A. Interest - 12% per annum 9.21 International Transaction Fee 3.5% markup 3.5% markup 9.22 Airline ticket booking As levied by Airline concerned As levied by Airline concerned 9.23 Railway Ticket booking surcharge As levied by IRCTC / Railway Counter As levied by IRCTC / Railway Counter 9.24 Fuel Surcharge 2.5% (Min Rs. 10/-) 2.5% (Min Rs. 10/-) 9.25 Charges to be levied for using other bank ATM for credit card operations Bilateral ATMs / NFS ATMs / CashNet ATMs Cash - Rs. 30/- Non Cash - Rs. 12/- Bilateral ATMs / NFS ATMs / CashNet ATMs Cash - Rs. 30/- Non Cash - Rs. 12/- 9.26 Service Tax 10.30% (applicable on all fees, interest & other charges) 10.30% (applicable on all fees, interest & other charges) * yet to be enabled LIFE TIME FREE OFFER# on Credit cards has been extended upto 31/03/2011 with the following terms: 1) Those who are joining on or before 31/03/2011, Joining Fee is NIL. 2) Cards renewed on or before 31/03/2011, Renewal Fee will be NIL. 3) Cards issued/ renewed on or before 31/03/2011, Annual Fee will be NIL #Life Time free offer is based on the Life time of the Card Issued. Credit Cards are issued initially for 3 years' life time . 10.0 ATM CUM DEBIT CARD [CORP CONVENIENCE] Sl. No Type of Service Service Charges (inclusive of Service Tax) 10.01 Joining Fees Rs. 112/- (Presently Waived) 10.02 Annual Fee Rs. 99/- [Free for 1st year] 10.03 Card replacement fee (Other than due to manufacturing defect / theft of card) Rs. 165/- 10.04 Regeneration of duplicate PIN Rs. 27.50 10.05 Operation at VISA ATM Outside India Cash Transaction Non Cash Transaction Currency Conversion Charges Charges levied by VISA Rs. 125/- (USA) / Rs. 165/- (Others) Rs. 30/- at all locations 2% of Amt US$ 1.00 (USA) / US$ 1.50 (Others) 10.06 Fuel Surcharge 2.5% (Min Rs. 10/-) 10.07 Railway booking surcharge As levied by IRCTC / Railway Counter 10.08 Charges for using Corp Bank ATMs Cash Txn - FREE Non Cash Txn - FREE 10.09 Charges for using other Bank ATMs in India Cash withdrawal (SB Accounts) Cash withdrawal (Other accounts) Balance Enquiry (Any account) Mini Statement (Any account) 5 txn per month FREE; Rs. 20 per txn thereafter Rs. 20 per txn FREE Rs. 12 per txn [Available at Karnataka Bank ATMs only] 11.0 ANY BRANCH BANKING & MULTI CITY CHEQUE Sl No. Type of Service Service Charges (inclusive of Service tax) 11.01 Cash Withdrawal/Deposit at remote branches For all types of Savings Accounts Amount< Rs.25.000/- - Rs.20/- Amount > Rs.25.000/- to Rs.50,000/- - Rs.50/- Amount > Rs.50.000/- to Rs.1,00,000/- - Rs.2/1000 For Current and Borrowal accounts Rs.2.25/1000 (min Rs.56/-) 11.02 Funds Transfer For all types of Saving, Current and Borrowal accounts Amount upto Rs.1,00,000 - Rs.6/- Amount Rs.1,00,001 upto Rs.5,00,000 - Rs.28/- Amount above Rs.5,00,000 - Rs.56/- 11.03 Issue of Demand Draft/Pay Order at remote branches Applicable DD/PO charges 11.04 Deposit of local cheques at remote branches For all types of Savings accounts Amount < Rs.25,000 - Rs.10/- Amount > Rs.25,000 to Rs.50,000 - Rs.20/- Amount > Rs.50,000 - Rs.1.5/1000 (Min Rs.60/- & Max. Rs.5000/-) For Current and Borrowal accounts Rs.1.50/1000 (Min. Rs.30/- & Max. Rs.7500/-) 11.05 Instant Credit of cheques drawan on remote branches For all types of Savings accounts Amount upto Rs.25,000 - Rs.10/- Amount > Rs.25,000 to Rs.50,000 - Rs.20/- Amount > Rs.50,000 - Rs.1.5/1000 (Min Rs.60/- & Max. Rs.5000/-) For Current and Borrowal accounts Rs.1.50/1000 (Min. Rs.30/- & Max. Rs.7500/-) 11.06 Multi-City Cheque Book facility Cheque Book Issuance charges Savings accounts* (20 leaves free in a year) *MCC facility is available to select SB A/c holders only Rs.2.50 per leaf Current/Borrowal accounts Rs.2.50 per leaf Transaction charges on amount Savings account* NIL Current/Borrowal accounts Rs.1.50/1000 (min. Rs.10 and max. Rs.7500/-) 12.0 INTERNET BANKING SERVICE CHARGES Sr. No. Type of SDervice Service Tax ( including Service Tax) 12.01 Fund Transfer within the Bank ( for other than Savings Account) NIL Fund transfer within the Bank (for other than Savings accounts) 25% concession applicable on ABB-Funds Transfer charges Fund transfer outside the Bank (NEFT) Applicable NEFT Charges Issue of DD / PO 25% concession applicable on normal DD/PO Cheque Book request NIL Stop Payment request NIL Payment of LIC premium NIL Payment of Tax NIL Railway ticket booking Rs.12/- 13.0 MISCELLANEOUS 13.01 Postal / Mail Tariff Ordinary Post Rs.15/- Registered Post Rs.30/- Speed Post Rs.50/- Telegram / Telex Rs.25/- Courier Rs.30/- E-mail FREE 13.02 Parcels < 1000 cc size Rs.225/- > 1000 cc size Rs 225 for first 1000 cc + Rs. 140 for every additional 1000 cc 14.0 CORP VAULT (LOCKER FACILITY) Charges applicable for STAFF/ RETIRED STAFF Sl. No. Type of Service Revised Service Charges (Inclusive of Service Tax) 14.01 Type of Cabinet (Annual Rent in Rupees) 14.02 Cabinet METRO URBAN SU/RURAL 32 units Cabinet Small Rs.775/- Rs.590/- Rs.370/- Medium Rs.1330/- Rs.1130/- Rs.775/- Large Rs.2715/- Rs.1960/- Rs.1550/- 45 Units Cabinet Rs.545/- Rs.505/- Rs.345/- 51 Units Cabinet Small Rs.590/- Rs.505/- Rs.325/- Medium Rs.1185/- Rs.1005/- Rs.775/- Large Rs.2090/- Rs.1730/- Rs.1185/- 75 Units Cabinet Small Rs.505/- Rs.415/- Rs.325/- Medium Rs.865/- Rs.710/- Rs.505/- Large Rs.1760/- Rs.1370/- Rs.1185/- 90 Units Cabinet Rs.505/- Rs.415/- Rs.325/- Please click on the below links for details of service charges levied by the Bank for various services. All service charges levied are inclusive of Service Tax at 10.30% 1. Corpvariant - CBCA-4 in 1 Account: 2. Information on Interest rates and Service charges on Loans as per RBI format: