Service Charges & Fees

Class of locker

Metro/ Urban

Semi- Urban/ Rural

A

1500

900

B

2000

1000

D

2800

1500

C

3000

1700

E/H-1

4000

2200

G

7000

5500

F

7000

5500

H

7000

5500

L1

10000

8000

L

10000

8000

Sr. No.

Services

Revised Service Charges w.e.f. 01.04.2019

(excluding GST)

Bill purchased/discounted/negotiated

1. Foreign Currency Export Bill

Bill amount below equivalent USD 25000.00 – Rs. 600.00

Bill amount equivalent to USD 25000.00 and above– Rs. 1200.00

2. Rupee Export Bill

Bill amount below equivalent USD 25000.00 – Rs. 600.00

Bill amount equivalent to USD 25000.00 and above– Rs. 1200.00

Forwarding export documents to another bank due to reason such as LC being restricted to the latter or the LC have been confirmed by that bank.

Rs.1000.00 flat rate per bill

Where reimbursement under a Letter of Credit is claimed by the bank with another Authorized Dealer in India

Rs. 500.00 per claim

For joining customer’s guarantees and giving guarantee on behalf of customers in respect of discrepant documents.

Proposed to be discontinued as not applicable

Commission in lieu of exchange

=> Transfer of letters of credit

=> Amendments

Rs. 500/- for each transfer and subsequent amendments.

For each Export bill sent for Collection

For Bill amount equivalent USD 25000.00 and above – Rs. 750.00

For Bill amount below equivalent USD 25000.00 – Rs. 500.00

If the entire sets of export documents have been sent by the exporter directly to the overseas buyer after complying with Exchange Control formalities.

Rs. 346 for each shipping bill.

For each export bill sent for collection against which advance payment already received.

1. Full bill amount received in advance

2. Part Bill amount received in advance and remaining on collection basis

Rs. 250.00 per remittance.

Charges applicable to Export Bill for collection under serial no. 1 should be recovered from the customer at the time of submission of export bills.

In case of each overdue export bill, sent on collection where the proceeds are not received in NOSTRO account on or before the due date and in case of each overdue export bill purchased/discounted/negotiated/ and subsequently treated as collection item after crystallization.

Rs. 287 per bill per quarter

Charges for issuance of export related certificates

Rs. 50 per certificate

Advising Letter of Credit for the Our bank’s clients

Rs.750 per LC

Advising Letter of Credit for the other-Bank clients

Rs. 1000.00 per LC

Advising of Amendment for Our Bank’s clients

Rs. 250

Advising of Amendment for Other-bank clients

Rs.500 per Amendment

LC confirmation charges where LC opened in favour of Indian Exporter

1. Sight :

- 0.25% for the first quarter

- 0.15% p.m. thereafter

(Min. Rs. 1500.00)

- For LC amount exceeding INR 5.00 crore commission @ 0.50% per annum

(These charges i.e. @ 0.50% p.a. are applicable on the entire LC amount whenever the LC amount exceeds Rs. 5 crore)

- Charges will be calculated from the date of opening of LC to the date of expiry of LC.

2. Usance:

-1.5% p.a. (Min. Rs. 2000.00)

- For LC amount exceeding INR 5.00 crore commission @ 0.40% p.a.

- Charges will be calculated from the date of opening of LC to the date of expiry of LC plus the usance period

(These charges i.e. @ 0.40% p.a. are applicable on the entire LC amount whenever the LC amount exceeds Rs. 5 crore)

Charges applied for actual number of days per annum basis.

Transfer of Letter of Credit

Rs. 863 per transfer

For establishing an Import Letter of Credit/ Revolving Letter of Credit/ Letter of Credit covering imports of goods on deferred payment terms/ Back to Back letter of credit and Reinstatement charges (upon the reinstatement under a Revolving letter of Credit)

1. Sight

- 0.25% for the first quarter

- 0.15% p.m. thereafter

(Min. Rs. 1500.00)

2. Usance

• 1.5% p.a. or part thereof

• For LC amount exceeding INR 5.00 crore commission @ 0.40% p.a. or part thereof.

(Min. Rs. 2000.00)

(These charges i.e. @ 0.40% p.a. are applicable on the entire LC amount whenever the LC amount exceeds Rs. 5 crore)

Charges applied for actual number of days per annum basis.

In case of a Letter of Credit established against 100% cash deposit as Security.

25% of the charges as mentioned in Serial No 17

STANDBY LETTER OF CREDIT

Discontinued

Included under point 67

Extension of validity of LC

Rs.750/- per amendment plus charges applicable as per point 17

In case of enhancement of value of credit

Rs.500.00 per amendment

In case of enhancement of the value of a letter of credit, charges as per point No. 17 for establishing a letter of credit shall be recovered for the additional amount, on the outstanding liability under the LC

In case of amendment extending the tenor of the Bills of Exchange

Rs.500 amendment charges

In the case of amendment altering the tenor of the Bill of Exchange, additional charges as per point no 17 shall be collected on the outstanding liability under the LC

Amendment other than extension of validity or enhancement of tenor of the bill of exchange

Rs.500.00 per amendment.

For revival of expired LCs within 3 months for the date of expiry

Any revival or reinstatement of an expired LC shall be at the option of the bank but within 3 months from the date of expiry and shall be subject to recovery of charges as per point 17 from the date of expiry upto the validity period of the revival Letter of Credit.

Letter of Comfort issued for availing Buyer’s Credit

Facility Discontinued as of now as per RBI directives.

Deferred Imports

Commission on Letter of Credit covering import of goods on deferred payment terms involving payments beyond a period of six months from the date of shipment over a period of time as defined in Exchange Control.

Calculated on the amount of liability under such credit at the beginning of every quarter

If the validity period of a Letter of Credit covering import on deferred payment terms is extended.

Flat amendment commission of Rs. 500/-, However, for any amendment extending the validity of the letter of Credit beyond 3 month period, commission at the applicable rate shall be recovered.

Amendment Enhancement

Rs. 250 + Tax

Credit Opinion Report

Actual cost of report

Shipping Guarantee for clearance of goods pending production of bill of lading.

1. Relating to imports under LCs opened by the banks

2. In all other cases

Rs. 1000 + Tax

Foreign currency Import bills under LC at the time of crystallization or retirement whichever is earlier

( where exchange benefit accrues)

Import Bills received under LC on exchange benefit accrues to opening Bank including Remittance made out of EEFC Account-

0.125% per Bill

• Min. Rs.750

• Max. Rs.25,000

Foreign currency bills under LC where no exchange benefit accrues

0.1% (minimum Rs. 500.00)

Discrepancy charges in case of non-confirming documents under LC

USD 50.00 or its equivalent rupee

Import bill (not under LC) drawn in foreign currency on which bank earns exchange benefit.

0.15%

For Individual transactions over Rs.1.00 crore rates applicable as below borrower account with

Minimum of Rs.500.00 and Maximum Rs.25000.00

Import bill (not under LC) drawn in rupees and in foreign currency on which bank earns no exchange benefit.

0.30%

For Individual transactions over Rs.1.00 crore rates applicable as below borrower account with

Minimum of Rs.500.00 and Maximum of Rs.50000.00

For foreign currency import bill required to be forwarded to another bank required for remitting proceeds to the remitting bank abroad

Rs. 500.00 per bill as handling charges

For each bill received by importer directly from the overseas exporter/bank at the time of effecting remittance.

Where exchange benefit accrues to the bank

In case of documents received by Importers directly from Overseas

Exporters (Commission should be recovered at the time of effecting the

Remittance)-

For each bill received by importer directly from the overseas exporter/bank at the time of effecting remittance.

Where no exchange benefit accrues to the bank

50% of charges in point 35 above

Import documents covering project imports under Inter-Government Aid Scheme and Schemes (including projects those financed by International Agencies like World Bank, IMF, ADB etc.) where no LC is opened.

0.20% with a minimum of Rs. 500.00.

If foreign currency remittances are received in advance from the overseas buyer, and the specific request of merchanting trade customer hold the foreign currency funds in their Nostro A/C without converting the amount into Indian Rupee till the date of payment to the overseas supplier & the bank would not apply buying and selling rate of exchange.

Serial 41

Discontinued

(We have charged for Merchanting Trade transaction separately)

Advance remittance against imports

Where exchange benefit accrues to the bank

Rs. 100.00 – remittance up to Rs.10000.00

Rs. 200.00 – remittance above Rs. 10000.00

+ 25% of charges in point 34 above

Advance remittance against imports

Where no exchange benefit accrues to the bank

Rs. 100.00 – remittance up to Rs.10000.00

Rs. 200.00 – remittance above Rs. 10000.00

+ 25% of charges in point 35 above

Custody charges for overdue import bills

Rs. 250.00 per quarter or part thereof for each bill, if the bill is not paid within 10 days from the due date/date of presentation.

Merchanting trade transactions for Import transaction

(Other than applicable charges for import bill i.e. collection charges, overdue charges, etc.)

Commission at 0.1% shall be charged on each transaction and the Bank shall not pay interest on such advance remittances or not grant rupee advances against foreign currency funds thus received. (min. Rs.1000.00)

Counter signing/ Co-acceptance/ Availisation of Import bills

0.085% per month for the tenor of bills subject to minimum of 0.25%.

Recovery of commission in lieu of exchange on import bills payment of which are settled out of foreign currency loans arranged abroad, foreign currency accounts and EEFC accounts

Discontinued.

No commission in lieu of exchange to be charged in case import bills (under LC or otherwise) are realized out of foreign currency loans arranged abroad/ buyers credit.

No extra charge to be taken in case of EEFC funds too.

IMPORT BILLS FOR COLLECTION

Usually in respect of foreign currency collection bills the bank shall be entitled to exchange and commission. If for any reason the bank is required to forward the documents to another bank which will be required to remit the proceeds to the remitting bank abroad.

Discontinued.

Already covered under point no 36

Outward remittance in foreign currency for Non-individuals (other than advance payment against import)

Where exchange benefit accrues to the bank

Rs. 100.00 – up to Rs. 10000.00

Rs. 200.00 – above Rs. 10000.00

Outward remittance in foreign currency for Non-individuals (other than advance payment against import)

Where no exchange benefit accrues to the bank

0.10% with a minimum of USD 10 and maximum of USD 50 or its rupee equivalent.

Outward remittance in foreign currency under LRS and remittance from NRO accounts

Rs. 100.00 – up to Rs. 10000.00

Rs. 200.00 – above Rs. 10000.00

Outward remittance in foreign currency from NRE account

NIL

Issuance of Foreign Currency Demand Draft

Rs. 100.00 – up to Rs. 10000.00

Rs. 200.00 – above Rs. 10000.00

Issue of Foreign Currency Travellers Cheques commission

1% on rupee equivalent payable by the customer.

Where at the request of the beneficiary, foreign currency travelers cheques are issued by the Authorised Dealers against foreign currency remittances received from abroad.

0.25%

Payment of foreign currency draft by the drawee bank by issuing their own draft in the same currency in favour of the beneficiary bank with whom the relative foreign currency amount is to be deposited in a FCNR account.

NIL

Inward Remittances

Nil where proceeds are to be credited to our account.

In all other cases – Rs. 100.00

Commission on Clean Instruments sent for collection abroad

0.1% of the instrument amount

(min. Rs. 50.00 – max. Rs. 5000.00)

Foreign currency instruments favouring resident beneficiary and sent for collection in India

Discontinued

Already included in point 57

Encashment of TTs/ purchase of MTs/ DDs in respect of which cover has been received in NOSTRO accounts

NIL, since cover has been received in NOSTRO accounts.

Where the inward remittance has to be paid in foreign currency by way of a Demand Draft/ Mail Transfer/ Payment Order/ Telegraphic Transfer

Discontinued.

Already covered at point 54

Where the inward remittance has to be executed in foreign currency by issuing a demand draft/ mail transfer/ payment order/ telegraphic transfer commission shall be recovered from beneficiary/ beneficiary’s bank as the case may be.

0.1% min. Rs. 100.00 and max Rs. 5000.00

Export performance guarantees for Project Exports which include:

1. Bid-bond

2. Bond for earnest money

3. Guarantee for advance payment made by foreign buyers to Indian exporters/contractors

Commission in respect of Bid Bonds: Commission for issuing bid bonds for supplies to projects carried out abroad shall be recovered to the extent of 25% thereof for the full period of validity of the bonds at the time of issue. If the bid materializes the balance 75% of the commission shall be recovered, else the commission previously collected will be refunded.

Export Performance Guarantee (other than Project Exports) covering:

1. Bid Bond, etc.

2. Export Obligations in terms of import trade control regulations

Guarantees linked to deemed exports

0.085% p.m. for the specified period of liability. Where the guarantee period is less than 3 months, commission recoverable will be 0.25% of the guaranteed amount. In case of early redemption of the guarantees beyond a period of 3 months from the date of issue, 50% of the commission for the unexpired period i.e. from the date of redemption to the expiry date shall be refunded.

Commission for issuing bid bonds for supplies connected with deemed export/direct exports other than project exports shall be recovered to the extent of 25% thereof for the full period of validity of the bonds at the time of issue. If the bid materializes the balance 75% of the commission shall be recovered, else the commission previously collected will be refunded.

Deferred Payment Guarantees covering import of goods into India/repayment of foreign currency loans

0.50% per quarter or part thereof for the specified period of liability calculated on the amount of liability under such guarantees at the beginning of every quarter.

Minimum charges for a quarter to be charged.

Enhancement of Value/ Extension of Tenor of the Guarantee

Charges as per point no. 62,63 and 64 are applicable.

Guarantees issued against 100% cash margin/ 100% counter guarantee of the GOI

25% of the charges as per point no. 62,63 and 64 applicable.

Standby Letter of Credit

From the date of opening of LC to last date of its validity including usance period.

All other guarantees

0.15% p.m.

• Min. Rs.250

Minimum charges for any guarantee shall be

Discontinued

Processing of ODI transaction including generation of UIN

Rs.1,000 per scrutiny of each of the form ODI i.e. ODI Application / ODI Part-II, Annual Performance Report, Disinvestment / Closure Report, before submitting to RBI

Swift Charge

Rs. 500.00 for every SWIFT message

Courier Charges

Dispatches outside India – Rs. 700.00 per set of document

Processing of applications /representation to RBI

NIL

Issuance of NOC for permitted cases in respect of capital account transactions

NIL

Charges for Booking of forward contracts

Rs. 400.00 per contract

Charges for Early Delivery/Extension of Forward Contracts Including NRIs)
Cancellation of forward contract

Rs. 400.00 per contract

Nil

Booking of forward sale contract in respect of import bills drawn under letter of credit opened by another bank. (Where an importer has arranged for fixation of a forward contract with a bank other than the one through whom the letter of credit has been opened).

0.075% in lieu of Exchange + SWAP charges + Interest from the date of Negotiation till date of credit of proceeds in Bank’s Nostro Account

• Min. Rs.150
• Max. Rs.25,000

Internet Banking

EPFO online collection/ ESIC online collection

Rs 10/- + GST

Internet Banking

IRCTC online TICKET BOOKING

Rs 10/- + GST

Internet Banking

PASSWORD PRINTING (charges on regeneration only,free for new user)

Retail - Rs. 25/- +GST
Corporate - Rs. 50/- +GST

IMPS

upto Rs. 1,000/-

Rs. 1/- +GST

IMPS

Rs.1,001/- to Rs.25,000/-

Rs. 1.5/- +GST

IMPS

Rs.25,001/- and above

Rs. 5.5/- +GST

NEFT

upto Rs. 10,000/-

Rs. 2.5/- + GST

NEFT

Rs.10,001/- to Rs.1,00,000/-

Rs. 5/- + GST

NEFT

Rs.1,00,001/- to Rs.2 Lac/-

Rs. 15/- + GST

NEFT

Above Rs. 2 Lac

Rs. 25/- + GST

BBPS

Electronic OFF- US transactions (Customer Convenience Fee in ₹)

Bill Amount ₹
0-1000→ Rs. 5/- + GST
1001-2000→Rs. 15/- + GST
≥2001→Rs. 25 + GST

BBPS

Customer Convenience Fee in ₹ for OFFLINE Physical transactions - All payment modes includes bank branches

Bill Amount ₹
0-1000→ Rs. 5/- + GST
1001-2000→Rs. 15/- + GST
≥2001→Rs. 25 + GST

National E-toll Collection

Tag Issuance Fee

Rs 84.74/- +GST

National E-toll Collection

Tag Replacement Charge

Rs 50/- + GST

NACH

Return Charges


Mandate Charges

Return Charges - Rs. 100/- + GST


Mandate - Rs. 100/- + GST

Self Service Pass Book Printer

Duplicate Passbook Issuance Charges

Rs.100 + GST

Debit Card Issuance

RuPay Classic (Non Personalised/ Personalised)

NIL

Debit Card Issuance

RuPay Platinum Non-Personalised/(Personalised)

NIL

Debit Card Issuance

Visa Classic (Non Personalised/ Personalised)

NIL

Debit Card Issuance

Visa Platinum (Non Personalised/ Personalised)

NIL

Debit Card Issuance

Master Card Classic (Personalised)

NIL

Debit Card Issuance

Master Card platinum (Personalised)

NIL

Debit Card Issuance

RuPay PMJDY (Bhamashah/Samagra)

Government Sponsored Schemes - Fee Exempted

RuPay KCC

RuPay Mudra

Debit Card Annual fee

RuPay Classic (Non Personalised/ Personalised)

1st Year Free & Second Year onwards Rs.150/- + GST

Debit Card Annual fee

RuPay Platinum (Non-Personalised/Personalised)

1st Year Free & Second Year onwards Rs.200/- + GST

Debit Card Annual fee

Visa Classic (Non Personalised/ Personalised)

1st Year Free & Second Year onwards Rs.150/- + GST

Debit Card Annual fee

Visa Platinum (Non Personalised/ Personalised)

1st Year Free & Second Year onwards Rs.200/- + GST

Debit Card Annual fee

Master Card Classic (Personalised)

1st Year Free & Second Year onwards Rs.150/- + GST

Debit Card Annual fee

Master Card platinum (Personalised)

1st Year Free & Second Year onwards Rs.200/- + GST

Debit Card Annual fee

RuPay PMJDY (Bhamashah/Samagra)

Government Sponsored Schemes - Fee Exempted

RuPay KCC

RuPay Mudra

Debit Card PIN Regeneration

RuPay Classic (Non Personalised/ Personalised)

Rs.50/- + GST per regeneration

Debit Card PIN Regeneration

RuPay Platinum (Non-Personalised/Personalised)

Rs.50/- + GST per regeneration

Debit Card PIN Regeneration

Visa Classic (Non Personalised/ Personalised)

Rs.50/- + GST per regeneration

Debit Card PIN Regeneration

Visa Platinum (Non Personalised/ Personalised)

Rs.50/- + GST per regeneration

Debit Card PIN Regeneration

RuPay PMJDY (Bhamashah/Samagra)

Government Sponsored Schemes - Fee Exempted

RuPay KCC

RuPay Mudra

Debit Card PIN Regeneration

Master Card Classic (Personalised)

Rs.75/- + GST per regeneration

Debit Card PIN Regeneration

Master Card platinum (Personalised)

Rs.75/- + GST per regeneration

Debit Card PIN Regeneration

Mastercard world Radiance (Personalised)

Rs.75/- + GST per regeneration

Debit Card Other charges

Charge –slip retrieval charges

Rs.400/- per retrieval.

Debit Card Other charges

Surcharges for Rail Tickets and Petrol / Fuel / Gas Stations

Rs.10/- + GST

Debit Card Other charges

Card Replacement

Rs. 200/- + GST

ATM

Number of Free OFFUS transactions

Metro ATM-3, Non Metro-5

ATM charges after free OFFUS transactions

For Financial Transaction

Rs 20/- +GST per transaction

ATM charges after free OFFUS transactions

For Non – Financial Transaction

Rs. 10/- +GST per transaction

ATM International Usage Charges

Cash Withdrawal

For classic variant : Rs. 250/- +GST
For platinum variant : Rs. 450/- +GST

ATM International Usage Charges

Balance Inquiry

Rs. 30/- + GST

Pre-paid Card

Gift Card -Issuance : For amount up to Rs 2,000/-

Rs. 50/- + GST

Pre-paid Card

Gift Card -Issuance : For amount Rs 2,000/- Rs. 10,000/-

Rs. 100/- + GST

Pre-paid Card

Gift Card -Revalidation charges

Rs.100/- + GST

Pre-paid Card

Gift Card -Card Usage Charges (Per balance Inquiry)

Rs. 10/- + GST

Pre-paid Card

Reloadable card: Issuance charges

Rs. 100/- + GST

Pre-paid Card

Reloadable card-Revalidation charges

Rs. 100/- + GST

Pre-paid Card

Reloadable card -Other Service charges

Rs. 20/- + GST

Pre-paid Card

Travel Card Issuance fees - USD/GBP/EURO

Rs . 150/- + GST

Pre-paid Card

Travel Card Stand by card fees - USD/GBP/EURO

Rs . 150/- + GST

Pre-paid Card

Travel Card Re load fees - USD/GBP/EURO

Rs . 55/- + GST

Pre-paid Card

Travel Card- Replacement Card fee in case of lost/stolen card (post age extra) USD

USD 3.0

Pre-paid Card

Travel Card- Replacement Card fee in case of lost/stolen card (post age extra) GBP

GBP 2.0

Pre-paid Card

Travel Card- Replacement Card fee in case of lost/stolen card (post age extra) EURO

EURO 2.0

Pre-paid Card

Travel Card- Chargeback fee USD

USD 3.0

Pre-paid Card

Travel Card- Chargeback fee GBP

GBP 1.5

Pre-paid Card

Travel Card- Chargeback fee EURO

EURO 1.5

Pre-paid Card

Travel Card- ATM Withdrawal fee USD/GBP/EURO

0.9% of Transaction value

Pre-paid Card

Travel Card- ATM Balance enquiry fee USD/GBP/EURO

USD 0.5 /GBP 0.5 /EURO 0.5

Pre-paid Card

Travel Card- Refund of balance in the card account : USD/GBP/EURO

Balance will be refunded after deducting INR 250/- +GST. Foreign Currency Conversion taxes extra as applicable.

Pre-paid Card

Travel Card- Deduction on expired Card (EVERY 12MONTHS): USD/GBP/EURO

USD 5.0 /GBP 3.0 /EURO 3.0

Pre-paid Card

Travel Card- Inactivity Fee (cardnotusedfor180days): USD/GBP/EURO

USD 5.0 /GBP 3.0 /EURO 3.0

Pre-paid Card

Travel Card- Card sent by other Bank(If left behind at other bank's ATM or POS): USD/GBP/EURO

USD 15.0 /GBP 10.0 /EURO 10.0

Pre-paid Card

Travel Card- New ATM Pin (sent to registered email ID): USD/GBP/EURO

USD 3.0 /GBP 1.5 /EURO 1.5

Pre-paid Card

Travel Card- Usage(Cross Currency):

3% of transaction value

SMS Alerts Charges

SMS Alerts Charges

Savings Account – Rs.10 + GST charged quarterly

Current / Overdraft / Cash Credit Accounts – Rs.10 + GST charged quarterly

Sl. No.

Particulars

Service Charge

(Excluding GST)

A

ELECTRONIC PAYMENTS:

i

Internal Fund Transfer (IFT) (per transaction)

Nil.

ii

National Electronic Funds Transfer (NEFT) (per transaction)

Rs 2.50 per txn.

iii

Real Time Gross Settlement (RTGS) (per transaction)

Rs 25.00 per txn.

iv

Immediate Payment system (IMPS) (per transaction)

Rs 3.50 per txn.

v

NACH Payments

Rs 3.00 per txn.

B

DOOR STEP BANKING SERVICES:

I

DSBS INSTRUMENTS COLLECTION:

(a)

Single pick up charges per pick up location (within city limit).

Rs 500.00 per pick-up point per month

(b)

Cheque processing charges (per instrument).

Rs. 3.00

(c)

Returns charges per instrument.

Rs. 100.00

(d)

Outstation cheque processing charge

Rs.1.00 per 1000 minimum Rs.25.00

C

MANDATE MANAGEMENT:

i

Direct Debit Instructions (DDI)

(a)

Registration of Instruction (Recovered from A/c holder)

Rs. 100.00

(b)

Registration of Instruction (payable by Corporate who is receiving the fund)

Rs. 10.00

(c)

DDI pick-up by vendor per point per month

Rs. 500.00

(d)

DDI scanning by vendor

Rs. 5.00

(e)

Execution of DDI transaction per entry

Rs 3.00 per txn.

(f)

Unpaid/ Returned DDI (per transaction for insufficient fund)

(i) CMS customer

Rs. 5.00

(ii) Mandatee

Rs. 250.00

ii

National Automated Clearing House (NACH)

(Where our Bank is the Sponsor Bank)

(a)

Registration of mandate (payable by Corporate who is receiving the fund)

Rs. 10.00

(b)

Mandate pick-up by vendor per point per month

Rs. 500.00

(c)

Mandate scanning by vendor

Rs. 5.00

(d)

Mandate processing

Rs. 10.00

(e)

Execution of transaction per entry

Rs 3.00 per txn.

(f)

Unpaid/ Returned NACH (per transaction)

Rs. 5, NIL for technical reasons

D

LIQUIDITY MANAGEMENT SERVICES.

i

Sweeping/ Pooling charges

Nil per transaction

E

OTHER SERVICES

i

On-boarding and subsequent Annual Maintenance Charges (AMCs) for each account

Rs. 250.00

Installation chrgs

NIL

monthly charges

Monthly Rental 475+GST

MDR

0

debit card

0

Txn upto 1000

NIL

from 1000 to 2000

NIL

above 2000

0.009

Credit card

0

standard (for all credit card & International Debit Card)

1.99%

premium

1.99%

super premium

1.99%

Diners & Discover Cards

3%

Security Deposit

1) GPRS Fixed/Wireless/ PC POS - Rs.10000/-
2) PSTN: Rs.6000/-

Copy of Charge Slip

0

Mark Up for International Txn

0

DOOR STEP BANKING SERVICE TO CUSTOMER

NEW

Customer Pricing

Range

Amount of Cash (Rs.)

Beat Pickup

On Call Pickup

Cash Delivery

RP0

ANY Cash Limit

0

0

RP1

Upto 50,000

4815.00

500.00

625

RP2

50,001 to 1,00,000

5065.00

600.00

625

RP3

1,00,001 to 2,00,000

6250.00

650.00

625

RP4

2,00,001 to 3,00,000

8500.00

700.00

750

RP5

300001 to 4,00,000

9500.00

800.00

750

RP6

4,00,001 to 5,00,000

14800.00

900.00

1125

Other Charges

Sl No.

Service

Service Charges to Customers

1

Beyond City Limit upto 5 KM (One way distance)

50% Extra above Charges.

2

Beyond 5 KM (One way distance) from City Limit

Rs.15 per KM whichever is higher.

3

Extra Limit Charges

75 per Rs.50,000/-or part thereof

4

Cash Counting & Verification at Customer's premises (Counting Machine provided by Client)

Rs.0.50 per Rs.1,000/-

5

Vaulting Charges (If Opted)

Rs.15000 per Month per location or Re.0.10 per Rs.1000/- on monthly throughout, which ever is higher.

6

Cash Processing Charges at Radiant Vault

Re.0.30 per Rs.1000/-

7

Processing of any abnormal ratio of lower denomination of Rs.50 and below

Rs.8/- per Rs.1000/-

8

Vault processed Cash Deposit

Same as On call Delivery rate.

9

CMS Document/ Cheque pickup & Delivery

Rs.2,200/- per point per month

10

Providing Centralized Fax/ Scan copy of Deposit Slip on daily frequency (if opted)

Rs.500/- per point per month (Single Deposit Slip)

11

Providing Bank copy of original Deposit Slip to Bank at Centralized Location (if opted)

Rs.450 per point per month. Frequency of Courier dispatch, will be once in a month.

Terms and Condition

1

Annual Price Hike -All the Fixed and Variable prices will increase by 6% every year effective from first day of every new financial year i.e. 1 April onwards

2

The proposed pricing has been worked out based on present rate of input cost of various key resources i.e. Manpower, Security, Van, Fuel Rent etc. Any upward change in the input cost, in excess of 5% due to any reasons beyond Service Provider control i.e. regulatory changes on wage structure, inflation, Market correction, Fuel price & Taxes, Service Provider will levy below applicable surcharge to pass the impact of additional Cost. Fuel Cost Surcharge & Wages Structure Surcharge.

3

With the recent Supreme Court verdict (31st Oct, 2018) pertaining to rise in Minimum Wages at Delhi location, an additional charge of Rs.1,500/- per beat point & Rs.50/- per on Call point, will be levied on the above given pricing grid.

4

Collections of Coins shall be out of scope of services.

5

GST as applicable shall be borne by the Bank.

1

(A) Processing charges for FB & NFB Working Capital Loan

FB Working Capital

Upto Rs 25000 - Nil

Rs 25001 to 2 lakh 0.25% of Sanctioned Limit, with a minimum of ` 100 /-

Above 2 lakhs

1. Limit upto ` 100 Crore – 0.25% subject to maximum of ` 15 Lakhs

2. Above ` 100 Crore upto ` 500 Crore – 0.15% subject to maximum of ` 50 Lakhs

3. Above ` 500 Crore – 0.10% subject to maximum of ` 75 Lakhs

on Fund based Working Capital Amount/status Up to Rs 25000: NIL Above Rs 25000( Fresh/Review): Applicable for priority sector and Export credit

50% of the charges for Fund Based limit Other than Priority Sector & Export credit:

Full charges as applicable to Fund Based limit.

Cap for Priority Sector Rs.17.50 lacs 

Cap for Exporters

Rs.7.50 lacs Other Advances No cap

(B) Processing charges for DL/TL/DPG/Corp Loan

Short Term Loan/DL/Corporate Loan/TL/DPG (Fresh/Additional Limit) Upto Rs 25000 - Nil

Rs 25001 to 2 lakh 0.50% of Sanctioned Limit, with a minimum of ` 250 /-

Above 2 lakhs

1. Limit upto ` 100 Crore – 1.00% subject to maximum of ` 75 Lakhs

2. Above ` 100 Crore upto ` 500 Crore – 0.75% subject to maximum of ` 2.50 Crore

3. Above ` 500 Crore – 0.50% subject to maximum of ` 3.75 Crore

For other than project loans, maximum is Rs.75 lakh

Short Term Loans repayable upto 1 year

As applicable to WC limits to be charged Demand Loans (Repayable in over 12 months but upto 3 years)

Upfront fee at 0.50% of the loan amount without any ceiling

Ii For real estate projects (>20 cr.)/Future rent receivables (>20 Cr.)

Same charges proposed in 1 (B) above

(C) Review/Annual Review of short Term loan /DL/Corporate Loan/TL/DPG

0.10% of reviewed amt

Maximum Rs.25000/-

(D) Processing charges for giving agreement in principle in respect of advances account.

Upto Rs 5 Crore – Nil Above Rs 5 Crore to Rs 10 Crore – Rs 25000/-
Above Rs 10 Crore – Fee of Rs 2 Lakh to be obtained upfront (non-refundable). (Other unified charges as applicable to be recovered on sanction)

May be chargeable only when communicated in writing to the borrower

(E) Commitment Charges (Fund based facilities)

To be charged on the entire unutilized FB limit

AAA & AA rated customers - 0.10% p.a.

A rated customers - 0.20% p.a

BBB rated customers - 0.30% p.a.

BB and below rated customers - 0.40% p.a.

(F) Commitment Charges
(Non-Fund based facilities)

Commitment charges will be levied in case of non-utilization / under utilization of Non Fund based credit facilities with limits of Rs.1 Crore and above @ of 0.25% p.a for the unutilized portion.

Where average utilization is 60% and above of the limit or as indicated in QIS statement, no commitment charges to be recovered separately.

2

Guarantees Commission on inland guarantees

0.60% per quarter or part thereof with a minimum of one quarter

(in case of 100% Cash Margin : 75% Concession [i.e. 25% of applicable charges]

Other Guarantees 0.75% per quarter or part thereof with a minimum of one quarter

(in case of 100% cash Margin: 75% Concession [i.e. 25% of applicable charges]).

3

Commission on Inland guarantees guaranteed by other banks / Letter of comfort

In respect of high value guarantees > Rs 5 cr. the charges may be recovered on an annual basis, at the request of the customer and subject to the branch being confident of recovery at the beginning of each year.

4

Refund for guarantees tendered for cancellation before the expiry date. Extended period of validity of guarantee due to restraints imposed by Court Orders at the instance of constituents from meeting their obligations to beneficiaries, when guarantees are invoked.

50% of the commission charged for the unexpired period from the original date of issue / date of extension (part of month in unexpired period, to be ignored) EXTENSION OF GUARANTEE : At the above rates calculated for the extended period (inclusive of claim period).

5

Documentation Charges

(Fund based only)

For Corporate accounts: Actual expenses incurred in registering charges with ROC to be recovered.

No documentation charges for LABOD/OD against bank’s own deposits, Loan against NSC,KVP, Govt. Securities & loan to staff members.

Note: When to be charged

New sanctions (Entire fund based limits including DPG, Usance LC an Financial Guarantees) At the time of obtaining the set of documents before disbursement.

Review of a/c with existing limits

No charge if no fresh / additional documents are obtained.

Review with increased limits

For the entire amount of reviewed limit.

Ad-hoc limits - At the time of taking documents for ad-hoc limits.

Obtaining LAD - No Charges

Other Conditions : a) In respect of fresh sanctions / new accounts branches should invariably recover the charges as above in cash or debiting account.

For issuance of No Objection Certificate or C.P.: Rs 10,000/- per occasion (no levy where Bank recovers issuing & paying agent charges as IPA).

6

Charges for carrying out inspection of securities charged to the bank ( for other than retail loans)

Rs.1500 per inspection or actual expenses whichever is higher (for corporate borrowers)

7

Bills purchased/ Discounted or advances there against –Exchange / Commission

For cheques/ bills
For Bills upto ` 10.00 Lakhs – Flat - ` 1000/-

For Bills above ` 10.00 Lakhs Flat - ` 3000/-.

In addition to above charges, discount charges at applicable interest rate for the period of negotiation plus out of pocket expenses if any will be charged.

8

A)Charges for all inland L/Cs

in addition to Out of pocket expenses,

Usance upto 7 days: 0.23% with a minimum of Rs.280+GST Commitment charge for the period of liability at the rate of 0.23% for every period of three months or part thereof.

Usance 7 days to 3 months: 0.45% with a minimum of Rs.280+GST + Commitment charge for the period of liability at the rate of 0.23% for every period of three months or part thereof.

Bills with usance over 3 months sight:

0.45% for the first 3 months + 0.23% p.m. for the remaining period with a minimum of Rs.280+GST

Commitment charge for the period of liability at the rate of 0.23% for every period of three months or part thereof.

B) Commitment Charges

As per 8 A)

C) Extension /Amendment of LC

Rs 500/- per amendment plus unified charges applicable as per 8.A. above for the extended period.

Rs 500 per amendment. In case of enhancement of the value of a Letter of Credit, charges as per above for establishing a Letter of Credit shall be recovered for the additional amount, on the outstanding liability under the LC.

D) Discrepancy fee:

0.15% Min.Rs..500/- Max.Rs..10000/-

Revolving Letter of Credit

As above at the time of opening and on each reinstatement on the amount of reinstatement, period of reinstatement and usance period of bill.

9

Other Charges A) Advising LCs
(only where LC opening Bank and advising Banks are different)

Rs.500

B) Confirmation of LC (only where LC opening Bank and confirming Bank are different)

Applicable Commitment charge + Usance Charge

C) Transferable LCs

For each transfer Rs 500 (whether in full or part thereof)

Where usance drafts are to be accepted , acceptance commission @ 0.10% p.m. to be charged; Min. Rs 500

D) Negotiation charges

Rs.500

E) Clean payments received under LC

Rs.500

F) Attestation of commercial invoices

a) At the time of negotiation / collection - Nil b) Each subsequent occasion – Rs 50 per invoice

G) Guarantees due to discrepancies in documents

For joining in customer’s guarantee or giving guarantees to other banks on behalf of customers, for discrepant documents negotiated under LC

a) if payment is credited to beneficiary’s a/c. – 0.25% min. 500

b) if not parted with – Rs 500

10

Providing Credit opinion (including opinion & introduction)

Rs.50

11

Other Credit related Areas Allowing interchangeability within fund based limits, within non-fund based facilities and between fund based and non fund based limits.

To be charged on adhoc / temp. interchangeability: 0.25% Min. Rs.500 and Max. Rs .10000

12

Issuing of NOC of all types like granting NOC for ceding parri passu charge, exclusive charge, 2nd charge etc. (Not applicable in case of NOC / Exchange of parripassu letter in consortium accounts.)

A/cs. With limit

Upto Rs 25 lacs – Rs.500 Above Rs 25 lacs – Rs.5,000

13

Revision of Repayment schedule in respect of TL/DL

To be discontinued

14

Fee for opening / operating Escrow / TRA A/Cs. (Trust & Retention A/c.)

Our share in limits:
Upto Rs 5 cr. – Rs 1 Lakh
> Rs 5 cr and upto Rs 10 cr. – Rs 2 Lakh
> Rs 10 Cr. – Rs 5 Lakh

The captioned charges are applicable for opening/ pertaining ESCROW/ TRA A/Cs (Trust & Retention A/C) to be recovered per annum. Periodicity of collection of above fees is annual.

15

(A) Charges for TEV study (when report is not shared with the customer)

Project cost: Up to Rs 15 Crs.TEV study by bank – Rs 1 Lac

TEV study by Consultant – Consultant fee + Rs 25000

> Rs 15 cr and up to Rs 300 cr - .0.050% of projectcost – Min. Rs 2 Lakh

> Rs 300 Cr ( Where TEV study is done by PFD)Fees to be decided on a Case to case basis

(B) TEV Study
(When report is shared with the customer)

Project cost:

Up to Rs 15 Crs.

TEV study by bank – Rs 3 lacs

TEV study by Consultant – Consultant fee + Rs 25000

> Rs 15 cr and up to Rs 300 cr - .0.15% of project cost –

> Rs 300 Cr ( Where TEV study is done by PFD)

Fees to be decided on a Case to case basis

( Consultant fee ceiling to be fixed by the authority, who approves empanelment of consultants)

(C) Vetting / waiver of TEV Reports








Out of pocket expenses for TEV study

Vetting of TEV Reports:

Where project cost > Rs 300 cr. – Rs 50000

Waiver of TEV Study:

(Wherever TEV study is waived by the competent authority)

Upto Project cost Rs 5 cr. – Nil

Above Rs 5 cr. – Rs 50000 (charges to be recovered in addition to usual proc. Charges for addl. Risk taken by the Bank)

All “out of pocket expenses” in addition to the TEV study charges are to be borne by the borrowers..

Mortgage Creation Charges(Other than retail and Priority sector)

Per borrowing entity with FB+NFB limits of Up to Rs.10.00 lacs Rs.500/- per lac

Above Rs.10.00 lacs & up to Rs.50.00 lacs Rs.5,000/-

Above Rs.50.00 lacs & up to Rs.100.00 lacs Rs.10,000/-

Above Rs.100.00 lacs Rs.15,000/- The charge specified is applicable per instance irrespective of the number of title deeds.

The charges are applicable for extension of mortgage for enhancement and for substitution of title deeds also.

The charge is applicable for extension of equitable mortgage recorded in favour of other lenders also..

17

Prepayment charges on Term Loan/Demand Loan/WCDL

1. All standard term loan (TL) / demand loan (DL) with residual maturity of above 1 year.

2. Exposure of above ` 5 crore other than exposure with floating rate of interest to individual borrower In case facility originally sanctioned as TL

1% of the amount proposed to be pre-paid.

In case facility originally sanctioned as DL

0.50% of the amount proposed to be pre-paid.

18

Modification Charges

Limit upto ` 1 Crore (FB+NFB) : ` 1000/- per modification

Limit above ` 1 Crore to ` 10 Crore (FB+NFB) : ` 10000/- per modification.

Limit above ` 10 Crore (FB+NFB) ` 50000/- per modification.

Modification in Guarantees, without any modification in amount and period ` 200/- per amendment

19

Revalidation of Sanction

Upto Rs.25 Lakh NIL

Above 25 lakh – Rs.5 Crore Rs.5000

Above Rs.5 Crore – Rs. 10 Crore Rs.25000

Above Rs.10 Crore – Rs.25 Crore Rs.100000

Above Rs.25 Crore Rs.200000

20

Lead Bank charges as Leader of Consortium on total assessed limits

0.20% p.a. on entire assessed FB & NFB WC limit in consortium accounts

- Min. ` 150000/-

- Max. `.25 lacs

(Where lead bank fee is charged, no separate processing charges are to be recovered.)

21

Charges for copy of the documents for submission to any statutory authority

Actual photocopying charges + ` 1000/-

22

Charges if presence of bank official is required along with the documents for photo copies

Actual photocopying charges + ` 2000/- + Out of pocket expenses

23

Charges for cancellation of Bank’s lien on Government Securities / LIC Policies on closure of the Loan

1. Within one month from the date of closure of the loan: at the rate of ` 100/- per instrument + Out of pocket expenses

2. After one month from the date of closure of the loan: at the rate of ` 200/- per instrument + Out of pocket expenses