Schedule & description of bank charges on Deposits, Loans & Advances, Collection of Cheques, Remittances, Postal Tariff, Other Charges, Gift Cheque etc.
SCHEDULE OF CHARGES OF THE BANK (effective from 01.04.2010)
|1. Duplicate Statement Charges per page = Rs. 25/- ( For current O/D,C/C Accounts) maximum Rs. 100/-. A per annum ledger folio charges of Rs. 25/- per folio except for exemptions as under :-|
|2. Issue of Duplicate Pass Books- Savings, Recurring Deposit A/c. with current balance||25/-|
|3. Issue of Duplicate Receipt : term Deposits||25/-|
|4. Addition / deletion of Names - All Deposit Accounts per occasion per case.||25/-|
|5. Charges in Operational Instructions in Deposits Accounts. per occasion per case.||25/-|
|6. Premature Closure of savings Bank/ Current Accounts ( A/c Closed within a year).|
|7. Standing Instructions.
Rs. 30/- per transaction plus Postage & other out of Pocket expenses if any, where the transaction involves issue of Banker's Cheque, exchange at the prescribed rate should be recovered additionally.
(Transfer of amounts from one a/c to others, periodically transfer of interest, dividend etc to the Personal A/c of customer within the same branch, no charge is to be levied).
|8. Return of cheques for want of fund
Inclusive of OD/CC/Loans, Outward/Inward
|9. Recording Stop Payment Instruction & Reversal per leaf.
|10. In operative Accounts
|11. Savings Bank
Half years charges is to be realized provided the residual balance does not fall below the minimum .
|12. Penal Charges in C.D. Accounts:
An incidental charge of Rs. 60 per month shall be made, in addition to annual incidental charges, to a C.D. Account, if the balance falls in any month below the prescribed minimum. Provided the reduce balance does not fall below Re 1/-
|13. Penal charge / Additional levy in SB. A/Cs. ordinary
Fall of minimum balance charges facility
|14. Issuance of MICR cheques to C/D, OD/CC Accounts Holder per page||2.50|
|B. Loans & Advances:-|
|1. Processing Charges:|
|Note: No processing charges will be levied on Loan against Term Deposit.|
|2. Processing charge for Loan against Govt. Securities:|
|Note: All out of pocket expenses should be realized.|
|3. Processing charge for Medium Term Loan:|
|4. Processing charges for Loan against Gold ornaments.
Note: On clearance of the loan, pledge ornaments should be refunded. If the pledged ornaments is not taken back withing a month, safe custody charge of Rs. 25/- per month shall be levied.
|C. Collection of Cheques (other than local cheques / CBS)|
|1) Cheque purchased|
|Pay order / Banker's cheque.
A commission @ Rs. 3.50/- per thousand with a minimum of Rs. 25/- and upto Rs. 50000/- @ Rs. 2.50/- per thousand and on Rs. 50001/- and above to be charged.
|E. Postal Tariff:|
|Or actual whichever is higher.|
|F. Other Charges||Revised|
|Attestion of Signature||20/-|
|Do Due Certificate||30/-|
|Enquiry of old records||25/-|
|Elecl. Fund Transfer (per tranaction)||30/-|
|Locker Rent (yearly)||Small||600/-|
Locker facility available
One of the First urban Co-operative Bank