Service Charges

Services Frequency Of Charges Proposed Charges

Cheque Book Charges

Instance basis

First Cheque book free.Subsequent issue of cheque books:Rs.50/- per Cheque book.

Closure of Account

Instance basis

Rs.100/- if a SB A/c is closed within a year.

Rs.100/- if a RD A/c is closed within 6 months

Issue of duplicate A/c statement

Instance basis

Rs.50/-

Issue of Duplicate receipt of Fixed Deposit

Instance basis

Rs.100/-

Issue of at Par Cheque

Instance basis

Rs.50/- for up to Rs 10,000/- Rs.100/- for above Rs. 10,000/ and up to Rs. 1 lac

Above Rs.1 lac advalorem @ 0.25%

Issue of duplicate at Par, Cancellation or Revalidation

Instance basis

Rs.100/-

Stop Payment Instruction

Instance basis

Rs.200/- for SB A/c

Rs.300/- for CA/OD/CC A/c

Cheque return ( Inward & Outward)

Instance basis

Rs.200/-

Standing Instruction

Instance basis

Rs.100/- One time charge (Except Interest payment on term deposits)

Unarranged overdraft

Instance basis

Rs.100/- per occasion plus charges @ 3% per month or part thereof on the overdrawn balance

Fund Transfer - RTGS

Instance basis

Inward – NIL Outward Rs.30/- up to 5 Lakh Rs.55/- above 5 Lakh

Fund Transfer - NEFT

Instance basis

Inward – NIL Outward

Up to 10000 –Rs.2.50/-

Above 10000 – 1lac: Rs.5/-

Above 1 lac – Rs.2 lac: Rs.15/-

Above 2 lac – Rs.25 /-

Fund Transfer - RTGS

Instance basis

Inward – NIL Outward Rs.30/- up to 5 Lakh Rs.55/- above 5 Lakh

Other services Issue of Certificates No objection/ No dues/Balance/Interest charged/Cheque honoured/Account maintaining/etc. No Dues Certificate to Govt Sponsored credit Schemes & in Rural Areas

Instance basis

Rs.50/-

Enquiry of old Records

Instance basis

Advalorem of 0.25% plus actual postage charges with a minimum of Rs.100/- instrument

Annual Fee for Debit Card

Annually

Rs.100/-

Replacement of Debit Card

Instance basis

Rs.100/-

ATM transaction charges

Monthly

First 5 transactions free (Financial and Non- Financial)

above 5 Txns - Rs.20/- Fin & Rs.10/- Non Fin

Debit Card PIN regeneration charge

Instance basis

Rs.50/-

Inter Branch Transaction ( Cash deposit & withdrawal at Non Home branch)

Instance basis

Up to Rs 1 lakh - free Rs. 100/- for above 1 lakh to Rs. 10 lakh

Rs. 500/- for above Rs. 10 Lakh per Transaction

Notice to loan customer

Instance basis

50/- for Bank Notice 100/- or Actual Advocate Fee, whichever is higher for Legal Notice

CERSAI Charges

Instance basis

250/- for security charge up to Rs. 5 Lakh 500/- for security charge above Rs.5 Lakh

Credit Bureau enquiry Charges

Instance basis

50/- for individual enquiry 1000/- for the institutional enquiry

Inspection Charges - Loan Account as per sanctioned limit

Quarterly- Calender quarter end

50/- for loans Above Rs. 50000 to Rs. 99,000

100/-for Loans Rs. 1 lakh to Rs. 5 lakh

500/-for loans above Rs. 5 lakh

Non-maintenance of minimum balance SB without Ch book Rs. 250/- With Ch book: Rs.500 Current account : Rs. 3000 General & Rs.1000/- for GME customers

Quarterly

Rs.25/- for SB A/c without Chequebook Rs.50/- for SB A/c with Chequebook Rs.100/- For current account

Dormant/ In operative Accounts - Annual Maintenance Charges

Quarterly

Rs.50/- SB A/c Rs.100/- Current A/c Rs.50/- Other A/c

Account Maintenance charges

Quarterly

Rs.10/- SB A/c Rs.50/- Current A/c

Loan Annual Review Charges – For all Term loans as per sanctioned limit.

Yearly- (To be recovered in March every year)

50/- for Loans above Rs 25,000 to Rs 50,000

100/- For Loans Above Rs 50,000 to Rs 1,00,000

For Loans Above Rs 1,00,000 Ad Volarem @ 0.25% of sanctioned Limit

Pre closure of loan before the scheduled closure of Loan

Instance basis

1% of the outstanding amount of loan which is pre closed.

Other Conditions

  • In all cases service tax as applicable, presently 14.5%,shall also be deducted.
  • The revised service Charges which are chargeable on instant basis shall be effective from 1st March 2016.
  • The revised quarterly charges shall be recoverable in March 2016 for the quarter wherever service charges are applicable to be deducted.
  • The annual review charges on Term loans shall be deducted every year in March.
  • Service Charges as applicable shall be recovered (including charges on loans) from Savings / Current account wherever balance is available. If in case balances are not available the recovery shall be made in cash from the customers.

 

S. Srinivasaraghavan

General Manager & CFO

P.A. Patnaik

Company Secretary & Head of Corporate affairs