Assam Gramin Vikash Bank was formally launched on the 12th of January 2006. It is an malgamation of Pragjyotish Gaonlia Bank, Lakhimi Gaonlia Bank, Cachar Gramin Bank and Subansiri Gaonlia Bank, all sponsored by United Bank of India.

About ourselves

The idea of Regional Rural Banks (RRBs) was mooted by the Govt. of India in the year 1975 to bring about the desired uplift of the rural economy and accordingly promulgated an Ordinance...


 
 
 
 

Service Charges

 

REVISED SERVICE CHARGES W.E.F. 01-01-2012

PART-I

 

DEPOSIT ACCOUNTS, REMITTANCE & OTHER MISCELLANOUS ITEMS.

Relating to Deposit Accounts and Basic Banking Services

 

  • Issuance of Cheques Books to Non-individual customers (inclusive of service tax)

Savings Bank

Rs. 3.00 per Cheque leaf.

One Cheque book of 25 leaves free

Current Deposit/OD/CC

Rs. 3.00 per Cheque leaf. No free Cheque Book

 

  • Issuance of Cheques Books to Individuals customers ( inclusive of service tax)

 

Individuals

Pensioners/ Senior Citizens

Savings Bank (MICR/ Non-MICR)

Rs2.50 per Cheque leaf.

One Cheque book of 25 leaves free

Rs2.00 per Cheque leaf.

One Cheque book of 25 leaves free

Current Deposit/OD/CC (MICR/Non-MICR)

Rs. 2.50 per Cheque leaf.

Rs. 2.00 per Cheque leaf.

 

  • Issue of Multi City Cheque- As and when operationalised ( inclusive of service tax)

Issue of Multi City Cheque

Rs. 6.00 per Cheque leaf.

 

  • Stop Payment instructions ( inclusive of service tax)

Savings Bank A/C

Per Cheque Leaf : Rs. 50/-

For multiple leaves per occasion (more than 2 cheques ) : Rs. 100/- (maximum)

Current Deposit/OD/CC A/c

Per Cheque Leaf : Rs. 60/-

For multiple leaves per occasion (more than 3 cheques ) : Rs. 200/- (maximum)

 

  • Cash Handling Charges( inclusive of service tax) ( To be collected manually till system up-gradation )

Cash Handling Charges for cash deposit in

Current Deposit/OD/CC A/Cs

Upto 10 packets per day.

No Charge

Above 10 packets per day.

Rs. 10/- per packet, maximum Rs.15,000/-

 

  • Issue of duplicate Pass Book or Statement (( inclusive of service tax)

With latest balance

Rs. 45/- per Pass Book

With previous entries per ledger folio or thereof. (40 entries will be considered as one ledger folio)

Rs. 60/- for last one year.

Rs. 80/- for last one to three year.

Rs. 125/- for more than three years.

CD statement Daily/ Weekly or fortnightly

Rs. 54/- for additional statement.

One statement to be provided in free in a month.

 

  • Fall in minimum balance ( inclusive of service tax)

Savings Bank Account

With or without Cheque Book

Rs. 40/- per occasion

Current Deposit

Individuals : Rs. 50/- per occasion

Others : Rs. 100/- per occasion

 

  • Signature Verification ( inclusive of service tax) ( To be collected manually till system up-gradation )

Signature Verification

Rs. 50/- per verification.

Rs. 50/- for each Signature verification in joint account.

 

  • Addition/ Deletion of Name in Deposit Accounts ( inclusive of service tax)

Addition/ Deletion of Name

Rs. 100/- per occasion. No charge for deletion of name of deceased customer or first time conversion of single account to joint account in case of pensioner account.

 

  • Exceeding limit of number of withdrawals in SB A/c ( inclusive of service tax)

Savings Bank A/c

If no. of withdrawals exceeds 50 in a calendar half year.

Rs. 10/- per withdrawal in excess of 50 per calendar half year excluding withdrawals from ATM.

 

  • Change in operational instructions ( inclusive of service tax)

Change in operational instructions

Rs. 50/- per occasion

Operation in account through power of attorney/ mandate holder in SB/CD/OD/CC

For SB A/cs : Rs. 75/-

For CD/OD/CC : Rs. 150/-

 

  • Standing Instructions ( inclusive of service tax)

Setting up of Standing Instructions.

Transfers to other than same Branch

Rs. 110/-

Processing of Standing Instruction .

Credit to another account of the same customer within the same branch.

 

Nil

Credit to account of another customer within the same branch

Rs. 50/-

 

  • Ledger Folio Charges ( inclusive of service tax)

 

Ledger Folio Charges

Non-Individuals

Individuals

Govt. Accounts

Savings Bank A/c

Rs. 20/- per folio (no free folio)

Nil

 

 

Nil

Current OD/ CC

Rs. 75/- per folio (no free folio)

Rs. 60/- per folio (no free folio)

For accounts maintained on computer, 40 entries or part thereof to be treated as long ledger folio.

 

  • Incidental Charges for in-operative accounts ( inclusive of service tax)

In operative SB A/cs

Accounts maintaining stipulated minimum balance

Rs. 25/- per quarter

Accounts not maintaining stipulated minimum balance

Rs. 100/- per quarter

If balance falls below Rs. 50/-

The entire balance is to be apportioned towards service charge and the account should be closed under advice to account holder with a request to return the unused cheques.

In operative Current A/cs

Accounts maintaining stipulated minimum balance

Rs. 50/- per quarter

Accounts not maintaining stipulated minimum balance

Rs. 150/- per quarter

If the balance falls below

Rs. 100/-

The entire balance is to be apportioned towards service charge and the account should be closed under advice to account holder with a request to return the unused cheques.

 

  • Closure of accounts, within 12 months of its opening ( inclusive of service tax)

Savings Bank A/c

Exemptions:

  • When A/c is transferred to another Branch
  • Death of account holder
  • Pensioner without cheque book

With cheque book facility

Rs. 150/-

Without cheque book facility

Rs.100/-

Current A/c

Exemptions:

  • When A/c is transferred to another Branch
  • Death of account holder

 

Rs.200/-

Recurring Deposit

 

Rs.75/-

 

  • Return of Inward Clearing Cheques ( inclusive of service tax)

 

Non-Individual

Individuals

Pensioners/Senior Citizen

Upto Rs. 1 lac

Rs. 150/-

Rs. 100/-

Rs. 50/-

More than Rs. 1 lac

Rs. 150/- + Re. 0.50 per thousand

Rs. 100/- + Re. 0.50 per thousand

Rs. 50/- + Re. 0.50 per thousand

 

  • Return of Outward Clearing Cheques ( inclusive of service tax)

Local cheques

Rs. 75/- per instrument + other bank charges for Local cheques

Outstation cheques

Rs. 100/- per instrument + other bank charges for OCC

 

  • Electronic Clearing Services (ECS) ( inclusive of service tax)

E CS CREDIT

No Charge For Individual Beneficiaries

ECS DEBIT

No Charge For Individual Beneficiaries

 

  • Return of ECS( Inward Clearing /Outward Clearing) ( inclusive of service tax)

Return of Inward Clearing (ECS)

Rs. 50/- per instrument

Return of Outrward Clearing (ECS)

Rs. 100/- per instrument

 

 

  • Dishonour of outstation/ local (other than through clearing house) cheques and Bills ( inclusive of service tax)

Upto Rs. 10,000/-

Rs. 55/- per instrument

Rs. 10,000/- to Rs. 1 lac

Rs. 110/- per instrument

Rs. 1 lac

Rs. 165/- per instrument

 

  • Collection of cheques through CBS branches.( inclusive of service charges)

Inter Sol Transaction Local Centre

Local Clearing

 

No Charge

Inter Sol Transaction Upcountry Centre

Upto Rs. 10,000/-

 

Rs. 55/- per instrument

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

Rs.110/- per instrument

Above Rs. 1,00,000/-

Rs.165/- per instrument

 

  • A. Collection of Outstation Cheques (Inclusive of Service Tax)

Revised OCC charges in the line of RBI directive, effective from 01.04.2011

Value

Service Charge

(All inclusive, maximum amt. chargeable to customer)

Upto and including Rs. 5000/-

Rs.28/-

Above Rs. 5000/- and upto and including Rs. 10,000/-

Rs.56/-

Above Rs.10000/- and and upto and including Rs. 1,00,000/-

Rs.110/-

Above Rs. 1,00,000/-

Rs.166/-

 

B. Service Charges for cheque Collection under speed clearing (by collecting Banks from customers)

(Inclusive of Service Tax)

Revised charges for Speed Clearing in the line of RBI directive, effective from 01.04.2011

Value

Service Charge

(All inclusive, maximum amt. chargeable to customer)

Upto and including Rs. 1,00,000/-

Nil

Above Rs. 1,00,000/-

Rs. 166/-

 

C. Service (processing) charges for local clearing , by clearing houses from the member Banks

System

Presenting Bank

Drawee Bank

Clearing at MICR-CPCs

Rs. 1.00

Rs. 1.50

Cheque Truncation

Rs. 0.50

Rs. 1.00

 

  • Collection of Bills (inclusive of service taxes but excluding out of pocket expenses)

OBC

i) Upto Rs. 5,000/-

 

Rs. 60/- + postal charges and out of pocket expenses

ii) > Rs. 5,000/- upto Rs. 1,00,000/-

Rs. 8/- per thousand or part thereof, subject to minimum Rs. 80/- + postal charges and out of pocket expenses

iii) > Rs. 1,00,000/-

Rs. 7.50/- per thousand or part thereof, subject to minimum Rs. 800/- + postal charges and out of pocket expenses

 

  • Enquiry relating to Old records (inclusive of service tax) ( To be collected manually )

3-12 months old record

Rs. 27/- per item

Above 12 months upto 3 years

Rs. 54/- per item

Above 3 months upto 7 years

Rs. 108/- per item

Above 7years

Rs. 270/- per item

 

  • Loss of Token (inclusive of service tax) ( To be collected manually )

Loss of token

Rs. 100/- per token

 

  • Postal & Telecommunication Tariff (inclusive of service tax) ( To be collected manually )

Ordinary Post

Rs.15/-

Registered Post / Courier for instruments upto Rs. 50,000/-

Rs.35/-

Registered Post / Courier for Instrument over Rs. 50,000/-

Rs.55/-

Telegram /Speed Post/ special Courier Charges

actual charges to be realized

 

  • Bills and Cheques collection related under different situation (inclusive of service tax)

Charges on Inward Bills for collection when documents are delivered free of payments- uniform to all category of branches

Whenever documents under IBCs are delivered free of payment to the drawee of the Bill by a Bank, under specific instruction of the drawer, the collecting bank should levy handling charges leviable in case of bills returned unpaid

Sharing of commission when instrument is collected through Branch of another Bank uniform to all category of Branches

At the centre where the remitting Bank has no Branch and the Bills/ Cheques are sent for collection to a Branch of another Bank, the Commission on Bills & Cheques should be shared by the remitting Bank and the Collecting Bank on 50:50 basis i.e., the remitting Bank to charge 50% of the applicable rate and the collecting Bank to charge 50% of their applicable rate.

 

  • Gift Cheques (inclusive of service tax)

Issuance

 

Rs.5/-

Rs. 9/-

Rs. 101/-

Rs. 9/-

Rs. 201/-

Rs.18/-

Revalidation

 

Rs.5/-

Rs. 9/-

Rs. 101/-

Rs. 9/-

Rs. 201/-

Rs. 9/-

Duplicate/ refund

 

Rs.5/-

Rs. 17/-

Rs. 101/-

Rs. 17/-

Rs. 201/-

Rs. 26/-

 

  • Issuance of Call Deposit Receipt (inclusive of service tax)

Issuance of Call Deposit

Rs. 40/- per receipt

 

  • Inter sol Deposit/ withdrawals (inclusive of service tax) (No charges for Staff and Ex-Staff)

Cash Deposit at Local Non-parent Branch

Maximum ceiling limit Rs. 50,000/-

For SB A/c : Rs.2.00 per thousand, minimum Rs.15/-

For Current/ OD/ CC A/cs : Rs.2.50 per thousand, minimum Rs.20/-

 

Cash Deposit at Outstation Non-parent Branch. Maximum ceiling limit Rs. 50,000/-

For SB A/c : Rs.2.00 per thousand, minimum Rs.15/-

For Current/ OD/ CC A/cs : Rs.2.50 per thousand, minimum Rs.20/-

Cash withdrawal of Local/ outstation non-parent branch for self. maximum cap Rs.50,000/-.

Third party withdrawal is not allowed.

For SB A/c : General : Rs.2.00 per thousand, minimum Rs.15/-

Pensioner : Rs.1.50 per thousand, minimum Rs.10/-

For Current/ OD/ CC A/cs : Rs.2.50 per thousand, minimum Rs.20/-

Transfer of funds between CBS branches located at same centres.

Nil

Inter sol receipt /payment through transfer modeat Outstation Non-parent Branch (inclusive of service tax)

Receipt /payment upto Rs.1.00 lac

Rs.6/-

Receipt /payment above Rs.1.00 lac upto Rs.2.00 lac

Receipt /payment above Rs.2.00 lac upto Rs.5.00 lac

Rs.17/-

Rs.28/-

Receipt /payment over Rs.5.00 lac

Rs.56/-

 

  • Service Charges to be charged by Currency Chest Branches from Non- Chest Branches of other Banks (inclusive of service tax) (As and when operationalised)

Per note packet

Rs.2/-

 

  • Locker Rent (inclusive of service tax) ( To be collected manually )

Locker type

Dimension of locker units

(Height x Width x Depth in inches)

Volume of Locker units

(in cubic inches)

Rent per annum

B

5 13/16” x 7 1/4 “ x 20 3/8”

859

Rs.940/-

D

7 ½” x 5 7/8”x 20 3/8”

1337

Rs.1325/-

F

10 ½” x 12 15/16” x 20 3/8

2644

Rs.2315/-

 

  • Issuance of Demand Draft (Inclusive of Service Tax)

 

Individual

Pensioners/Senior Citizen

Upto Rs.1000/-

Rs.15/-

Rs.14/-

Above Rs.1000/- upto Rs.5000/-

Rs.25/-

Rs. 24/-

Above Rs. 5000/- upto Rs.10,000/-

Rs.31/-

Rs.29/-

Above Rs.10,000/- upto

Rs.1,00,000/-

Rs.3/- per thousand or part thereof with a minimum of Rs. 31/-

Rs.2.50/- per thousand or part thereof with a minimum of Rs. 29/-

Above Rs.1,00,000/-

Rs. 2.75/- per thousand or part thereof with a minimum of Rs. 300/-

Rs.2.00/- per thousand or part thereof with a minimum of Rs. 250/-

Remittance of funds by way of demand drafts or any other mode for value of Rs.50000/- and above is to be effected by debit to the customer’s account or against cheques and not against cash receipts.

,,

  • Issuance of Bankers’ Cheques (inclusive of service tax)

 

Individual

Pensioners /Senior Citizen

Upto Rs.1000/-

Rs.15/-

Rs.14/-

Above Rs.1000/- upto Rs.5000/-

Rs.25/-

Rs.24/-

Above Rs.5000/- upto Rs.10,000/-

Rs.31/-

Rs.29/-

Above Rs.10,000/- upto Rs.1,00,000/-

Rs.3/- per thousand or part thereof with a minimum of Rs. 31/-

Rs.2.50/- per thousand or part thereof with a minimum of Rs. 29/-

Above Rs.1,00,000/-

Rs. 2.75/- per thousand or part thereof with a minimum of Rs. 300/-

Rs.2.00/- per thousand or part thereof with a minimum of Rs. 250/-

Remittance of funds by way of demand drafts or any other mode for value of Rs.50000/- and above is to be effected by debit to the customer’s account or against cheques and not against cash receipts.

 

  • Issuance of Demand Draft to NON-INDIVIDUAL through Inter-sol transaction (inclusive of service tax)

Intersol Transaction

Issue of DD upto Rs.1000/-

 

Rs.17.00

Issue of DD above Rs.1000/- upto Rs.5000/-

Rs. 28.00

Issue of DD upto Rs.5000/- upto Rs.10,000/-

Rs. 34.00

Issue of DD upto Rs.10,000/- upto Rs.1.00 lac

Rs. 3.50/- per thousand or part thereof with a minimum of Rs.35.00

Issue of DD above Rs.1.00 lac

Rs. 3.00/- per thousand or part thereof with a minimum of Rs.350/-

Remittance of funds by way of demand drafts or any other mode for value of Rs.50000/- and above is to be effected by debit to the customer’s account or against cheques and not against cash receipts.

 

37. Issuance of Bankers’ Cheques to Non-individuals through inter-sol transactions (inclusive of service tax)

Inter-sol Transaction.

Issue of Pay order upto Rs.1000/-

 

Rs.17.00

Issue of Pay order above Rs.1000/- upto Rs.5000/-

Rs.28.00

Issue of Pay order above Rs.5000/- upto Rs.10000/-

Rs.34.00

Issue of Pay order above Rs.10000/- upto Rs.1.00 lac.

Rs.3.50 per thousand or part thereof, minimum Rs.35.00

Issue of Pay order above Rs.1.00 lac.

Rs.3.00 per thousand or part thereof, minimum Rs.350/-

Remittance of funds by way of demand drafts or any other mode for value of Rs.50000/- and above is to be effected by debit to the customer’s account or against cheques and not against cash receipts.

 

38. Cancellation of Demand Drafts/ Bankers’ Cheques (inclusive of service tax)

Cancellation Charges of Demand Draft

Non-Individual

Individual

Pensioners

Senior Citizen

Upto Rs.10000/-

Rs.80/-

Rs.70/-

Rs.60/-

Rs.60/-

> Rs. 10000/-

Rs.100/-

Rs.90/-

Rs.80/-

Rs.80/-

Cancellation Charges of Bankers’ Cheques

Upto Rs.10000/-

Rs.50/-

Rs.45/-

Rs.40/-

Rs.40/-

> Rs.10000/-

Rs.100/-

Rs.90/-

Rs.80/-

Rs.80/-

 

40. Cancellation Charges of Lost Demand Draft/Bankers’ Cheques (inclusive of service tax)

 

Cancellation Charges of lost Demand Draft /bankers’ Cheque

Non-Individual

Individual

Pensioners/Senior Citizen

Rs.100/- + out of pocket expenses

Rs.90/- + out of pocket expenses

Rs.80/- + out of pocket expenses

 

40. Issue of duplicate Demand Drafts and Bankers’ Cheques in lieu of lost instruments( inclusive of service tax)

Upto Rs.100000/-

Rs.75/- per instruments

Above Rs. 100000/-

Rs.150/- per instruments

 

41. Revalidation of Demand Drafts and Bankers’ Cheques ( inclusive of service tax)

Upto Rs.10000/-

Rs.100/-

Above Rs.10000/-

Rs.150/-

 

PART-II

 

SERVICE CHARGES ON CREDIT RELATED SERVICES (Excluding Retail Credit)

 

1

Processing Charges on working capital (Inclusive of Service Tax) ( To be collected manually )

Priority Sector

 

Upto Rs.2.00 lakh

Nil

> Rs.2.00 lakh

Rs.250.00 per lakh or part thereof, maximum Rs.25.00 lakh

Priority Sector

 

Upto Rs.25000/-

Nil

> Rs.25000/-

Rs.250.00 per lakh or part thereof, maximum Rs.25.00 lakh

Processing Charges on Term Loans (Inclusive of Service Tax) ( To be collected manually )

Upto Rs.25000/-

Nil

> Rs.25000/- upto Rs.10.00 crore

1% of Loan amount

> Rs.10.00 crore upto Rs.20.00 crore

Rs.10.00 lakh + 1% of the amount exceeding Rs.10.00 crore

> Rs.20.00 crore

Rs.20.00 lakh + 0.50% of the amount exceeding Rs.20.00 crore

Processing Charge on Demand Loan (Inclusive of Service Tax)

 

Against Bank’s own Term Deposit, NSC, KVP, LIP, Units of UTI, etc.

Nil

Processing Charges for renewal of Advances under Working Capital (Inclusive of Service Tax) ( To be collected manually )

Priority Sector

 

Upto Rs.2.00 lakh

Nil

> Rs.2.00 lakh

50% of the normal charges subject to stipulated maximum Rs.25000/-

Non- Priority Sector

 

For each renewal of limit including enhancement

75% of the normal charges subject to stipulated maximum Rs.25000/-

Processing Charges for renewal of Advances under Term Loan (Inclusive of Service Tax) ( To be collected manually )

Upto Rs.2.00 lakh

Nil

> Rs.2.00 lakh upto Rs.1.00 crore

50% of the normal processing charges subject to a maximum of Rs.10,000/-

> Rs.1.00 crore upto Rs.10.00 crore

Rs.20,000/-

> Rs.10.00 crore upto Rs.25.00 crore

Rs.25,000/-

> Rs.25.00 crore

Rs.2.50 lakh for every renewal/review

For modification in terms of sanction including issuance of NOC / Interest reduction/ or any other issue that may constitute a part of modification of corporate Loans.

Term loan & working capital above Rs. 25.00 crore

Rs.1.00 lac for each modification

Processing charge for sanction of Ad-hoc Limit ( To be collected manually )

Both Priority Sector and Non-priority Sector

 

Upto Rs. 2.00 lac

Nil

 

>Rs. 2.00 lac

Rs.250/- per lac or part thereof maximum Rs.25.00 lac plus Service Tax .

2

Inspection Charges (inclusive of Service Tax) (To be collected manually)

Upto Rs. 25000/-

Nil

>Rs.25000/- upto Rs.1.00 lac

Rs.100/- per inspection

>Rs. 1.00 lac upto Rs. 2.00 lac

Rs.150/- per inspection

>Rs. 2.00 lac upto Rs. 5.00 lac

Rs. 250/- per inspection

>Rs. 5.00 lac upto Rs. 10.00 lac

Rs. 1150/- per inspection

>Rs. 10.00 lac upto Rs. 20.00 lac

Rs.2250/- per inspection

>Rs. 20.00 lac upto Rs. 50.00 lac

Rs.3400/- per inspection

>Rs. 50.00 lac upto Rs. 200.00 lac

Rs.6750/- per inspection

>Rs.200.00 lac

Rs.11,250/- per inspection

Outstation Inspection

In addition to above charges, actual expenses paid by bank to official against TA & Haltage etc.

 

 

Periodicity of inspection unless otherwise stipulated in terms of sanction

1.Borrowal accounts upto Rs. 25.00 lac

Quarterly

 

2. Borrowal accounts above Rs. 25.00 lac

Falf Yearly

3. Borrowal accounts above Rs. 100.00 lac

Stock audit once in a year besides internal inspection as stated under 2. above

NPA accounts under Sub –Standard category , inspection should be carried out on monthly basis.

Processing Charge and Inspection Charge are to be considered after giving weightage to different limits/ sub-limits as under.

Nature of services

Weightage

All fund based Working Capital

100%

Deferred Payment Guarantee Limit, Usance LCs, Guarantee in lieu of Security Deposit, Custom Duty etc.

100%

All other Non-Fund based limit including sight LCs

20%

3

Service Charges for Bank Guarantee (exclusive of Service Tax)

Charges for both Non-financial and Financial Guarantee

@3% per annum and minimum two quarters (of the amount of guarantee plus Service tax at prevailing tax)

Financial Guarantee with 100% cash margin

@0.75% per annum and minimum two quarters (of the amount of guarantee plus Service tax at prevailing tax)

Other than Financial Guarantee with 100% cash margin

@0.50% per annum and minimum two quarters (of the amount of guarantee plus Service tax at prevailing tax)

4

Issuance of Solvency Certificate (Inclusive of Service Tax ) (To be collected manually)

Upto Rs. 1.00 lac

Rs.750/-

>Rs. 1.00 lac upto Rs. 10.00 lac

Rs.1500/-

>Rs. 10.00 lac upto Rs. 25.00 lac

Rs.2500/-

> Rs. 25.00 lac upto Rs. 50.00 lac

Rs.5000/-

>Rs. 50.00 lac

Rs.10,000/-

 

5

Issuance of No-Dues/No-Objection Certificate (Inclusive of Service Tax) (To be collected manually)

Priority Sector

Non-Priority Sector

Rs.10.00 per Certificate

Rs.150.00 per Certificate

6

Documentation Charge (Inclusive of Service Tax) (To be collected manually)

*Where Equitable Mortgage Charges are recovered, no documentation charges to be recovered.

Upto Rs.25000/-

Nil

>Rs.25000/- upto Rs.50000/-

Rs.100.00

>Rs.50000/- upto Rs.2.00 lakh

Rs.500.00

>Rs.2.00 lakh upto Rs.5.00 lakh

Rs.1000.00

>Rs.5.00 lakh upto Rs.20.00 lakh

Rs.1200.00

>Rs.20.00 lakh upto Rs.1.00 crore

Rs.2500.00

>Rs.1.00 crore upto Rs.5.00 crore

Rs.3000.00

>Rs.5.00 crore

Rs.10000.00

Where Equitable Mortgage Charge is recovered

Nil

For Loan against NSC, KVP, LIP, etc.

Nil

Staff Loan

Nil

7

Charges for creation of Equitable Mortgage (Inclusive of Service Tax) (To be collected manually)

Fund based limit upto Rs.10.00 lakh

Rs.500.00 per lakh

Fund based limit > Rs.10.00 lakh upto Rs.5.00 crore

Rs.11200.00

Fund based limit > Rs.5.00 crore

Rs.15000.00

8

Commitment Charges (Inclusive of Service Tax)

Term Loan (Each sanctioned limit will be considered separately)

 

On balance remaining undrawn vis-à-vis the drawn down schedule for more than 90 days

0.25% p.a.

Working Capital (The sanctioned credit limit available to the borrower at the beginning of each half year will be considered for calculating the average utilisation level during the half year)

Fund based : On the undrawn part, if the average utilisation during a half year is below 60% of the overall fund based working capital limit

Rs.0.25%

Non-Fund based : On the undrawn part, if the average utilisation during a half year is below 60% of the overall non-fund based working capital limit

Rs.0.25%

 

Part- III

Service Charge on Retail Credit product

  • Processing charges (Inclusive of service tax) (To be collected manually)

Housing Loan

0.5%

Mortgage Loan

1%

Trade Credit

1%

Car Loan

0.5%

Consumer Durable Loan

0.5%

Personal Loan to salaried

1%

Education Loan

Study in India: nil

Study abroad: 0.20% of loan amount. It will be refunded if the loan is availed of by the student. In case of partial availment, refund will be made on pro-rata basis.

ISHDP/BSUP ( Spl. Housing Loan Scheme for slum dweller)

Nil

Demand Loan

Nil

Demand Loan against bank’s own TD

Nil

 

  • Pre-Payment Charges (inclusive of service tax)

Housing Loan

Nil- However in case of take over of loan, 2%

Trade Loan

2% of the outstanding balance of the loan.

Pre-payment service Charge relating to Corporate Loan accounts-Prepayment of Term Loan.

1% of the amount prepaid.

 

  • Documentation Charges (inclusive of service tax) (To be collected manually)

* Where equitable mortgage charges are recovered, documentation charges will not be recovered.

Upto Rs.25000/-

Nil

>Rs.25000/- upto Rs.50000/-

Rs.100/-

>Rs.50000/- upto Rs.2.00 lac

Rs.500/-

>Rs.2.00 lac upto Rs.5.00 lac

Rs.1000/-

> Rs.5.00 lac upto Rs.20.00 lac

Rs.1200/-

> Rs.20.00 lac upto Rs.1 crore

Rs.2500/-

> Rs.1 crore upto Rs.5 crore

Rs.3000/-

> Rs.5 crore

Rs.10000/-

Where Equitable Mortgage Charge is realised

Nil

For Loan against NSC, KVP, IRDO etc.

Nil

For Staff Loan

Nil

 

  • Charges for creation of Equitable Mortgage (inclusive of service tax) (To be collected manually)

Fund based limit upto Rs.10.00 lac

Rs.500/- per lac.

Fund based limit > Rs.10.00 lac upto Rs.5.00 crore.

Rs.11200/-

Fund based limit > Rs. 5.00 crore

Rs.15000/-

 

  • Supervision/Inspection charges (To be realized as per terms & conditions of the respective schemes) I nclusive of service tax (To be collected manually)

* Once in a year for Housing Loan, for other loans, once in a half year

Upto Rs.25000/-

Nil

>Rs.25000/- upto Rs.1.00 lac

Rs.100/- per inspection

> Rs.1.00 lac upto Rs.2.00 lac

Rs.150/- per inspection

>Rs.2.00 lac upto Rs.5.00 lac

Rs.250/- per inspection

> Rs.5.00 lac upto Rs.10.00 lac

Rs.1150/- per inspection

> Rs.10.00 lac upto Rs.20.00 lac

Rs.2250/- per inspection

> Rs.20.00 lac upto Rs.50.00 lac

Rs.3400/- per inspection

> Rs.50.00 lac upto Rs.200.00 lac

Rs.6750/- per inspection

> Rs.200.00 lac

Rs.11250/- per inspection

Outstation Inspection

In addition to the above charges, actual expenses paid by Bank to officials against TA & Haltage etc.