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Service Charge - Commision and Other Charges

1. Service Charges – General Banking

S.No

 

Details of Service provided by the Bank

Service Charges Applicable

1

Locker Rent

Small:

i)Rural/Semi urban :Rs.920/-+GST

ii)Urban                   :Rs.1320/-+GST

 

Medium:

i)Rural/Semi urban :Rs.2000/-+GST

ii)Urban                    :Rs.3000/-+GST

 

Large:

i)Semi urban/Rural  :Rs.5000/-+GST

ii)Urban                    :Rs.6000/-+GST

2

Locker Break open charges

Rs.1500/-+GST (In addition to actual expenditure incurred for break open the locker and changing the lock by manufacturers of lockers will also be charged)

3

Locker operations

A

Up to 12 visits / Year

12 visits per year free.

B

13th Visit onwards

Rs.150/- per visit +GST

C

Locker rent overdue charges

1st Qtr 10% of Annual Rent  + GST

2nd Qtr 25% of Annual Rent  +GST

If rent is not paid for more than two quarters, Locker is to be break open.

D

One time registration for lockers

Rs.550/- + GST

4

Loss of Gold Loan Slip

Rs.115/- + GST

5

Remittance of Cash

(I.SB and II.CA A/cs)

I.For SB- Cash Deposit:

 i.3 Trns per month         : free

ii.Beyond 3 trns :Rs.50/- + GST perTrn

No restrictions for cash deposit at Non-Home Brs for SB A/cs.

II.For CA - Cash deposit:  

1.Upto Rs.25000/- per day: Free

2.Beyond Rs.25000/- per day: Rs.0.75+GST per Rs.1000/-

(Min Rs.50/-+GST / Max.Rs.20000/-+GST)

6

CHEQUE COLLECTION CHARGES:

A

Outstation Cheques deposited Returned unpaid

Outstation: Rs.260/- + GST

B

OUTSTATION CHEQUE COLLECTION CHARGES:

 

 

i. Upto Rs.10,000/-

ii. Rs.10000/- to Rs.99999/-

iii. Rs.100000/- and above

 

(Incl of post & out of pocket exp) all segments

i)Upto 5000/-              :Rs.30/- + GST

ii)>5000/- upto10,000: Rs.60/- +GST

iii)>10000 upto1 lac :Rs.100/- + GST

iv)>1 lac upto5 lacs:Rs.200/- + GST

v)> 5 lacs              : Rs.250/- + GST

iv. Postal charges on outstation Cheques

Nil

(Not to be charged as per RBI instructions)

v. Cheques relating to Subsidy/ MMoney

Nil

C

LOCAL CHEQUES:

I

Local Cheques: Collection charges

Nil

II

Local Cheques returned unpaid

Rs.160/- per instrument + GST

for technical reasons–Charges

(Not to be charged where customer is not at fault as per RBI guidelines)

III

Local Cheques returned unpaid for insufficient balance - Charges

Rs.500/- +GST (irrespective of amount)

7

BC/DD Issue charges

i)Upto 5000/-          : Rs.25/- + GST

ii)5001/- to10000/-  : Rs.50/- + GST

iii)> 10001/- to1 lac : Rs.5/- + GST per Rs.1000/- (Min Rs.60/- + GST )

iv)> 1 lac          : Rs.4/- + GST per Rs.1000/-

(Min.600/- + GST / Max 2000/- + GST)

(No additional cash handling charges)

8

If Cheques are issued through a/c of Govt dept.

NIL

9

Cancellation / Revalidation of BC/ DD

Rs.200/- + GST (per instance)

10

Issue of duplicate BC/DD/TDR/STDR

Rs.200/- + GST (per instance)

11

Issue of duplicate pass book with present balance

Rs.120/- + GST

12

Issue of statement of a/c

i)First page : Free

ii)Next  ::Rs.100/- + GST per page (40 entries)

13

Balance certificate for all segments – per instance

Rs.160/- + GST

14

A/c closure within 12 months (Transfer of a/c is exempted)

i)Rs.160/- + GST Individuals (Excluding Basic & Small accounts under Financial Inclusion)

ii)Rs.600/- + GST Other than individuals (excluding Govt.Accounts)

15

Stop payment cheque

i)SB a/cs Rs.60/- + GST per instrument

ii)CA/CC a/cs Rs.110/-+ GST per instrument

16

Penalty for late payment of RD Installments

Rs.1/- per 100/- per month.

17

Inoperative accounts (SB/CA)

i. Nil if minimum balance maintained

ii. Otherwise Rs 91/- per annum

iii. If the Amount is less than Rs 91/- account should be closed.

18

SB and CA cheque book issue charges

CTS/MICR/Non MICR - SB & CA: Rs.3.50 per leaf

(For SB- First 20 leaves free)

19

Postal Charges

i)Ordinary: Actuals (Min Rs.25/-)

ii)Regd/Speed/Courier: Actuals (Min Rs.60/-)

20

Charges for non-maintenance of minimum balance

Non maintenance of Monthly Average Balance (MAB) (RBI has permitted Banks to levy Minimum Balance Non-maintenance charges)

A

SB -Rural (Monthly average. Balance – Rs.500/-)

Rural             : Rs.100/- + GST

B

SB – Semi Urban (Monthly Average Balance -Rs.1000/-)

Semi-Urban : Rs.200/- + GST

C

SB–Urban (Monthly Average balance - Rs.1500)

Urban           : Rs.300/- + GST

D

CA – Rural

(Monthly Average Balance –Rs.2500)

Rs.220/- + GST per quarter

E

CA-Semi-Urban & Urban

(Monthly Average Balance - Rs.5000)

Rs.220/- + GST per quarter

21

Annual service Charges –

SB & CA a/c (incl Inop a/cs)

Rs.60/- per annum

22

Standing Instructions

Rs.60/- + GST per instruction

23

Addition / Deletion of names in deposit a/cs

Rs.91/- per occasion

24

Record copy of cheque / enquiry relating to old records(>12months old)

Rs.160/- + GST per instrument

25

Interest Certificate

Rs.150/-+GST  per certificate

26

i)TDR/STDR pertaining to our customers received from other Banks for payment

ii)(a)Collection of other Bank’sdeposits for own constituents

(b)If above funds are invested in term deposits with us for one year & above period

Proceeds should be paid through NEFT/RTGS/DD/BC - Charges as applicable to NEFT/RTGS/DD/BC

Applicable to cheques

 

 

-NIL- (Except out of pocket expenses)

27

NEFT (National Electronic Funds Transfer)

Outward Remittances:

i. Upto 10000     :Rs.2.50/- + GST

ii.>10000 upto1 lac: Rs.5/- + GST

iii.>1 lac upto 2 lacs: Rs.15/- + GST

iv. Above 2 lacs       : Rs.25/- +GST

28

RTGS (Real Time Gross Settlement)

Amnt Slab - Charges

i)2 lacs – 5 lacs      :Rs.30/- + GST

ii)Above 5 lacs       : Rs.60/- + GST

29

SMS Alerts

Rs.20/- + GST per quarter

30

Debit Card replacement charges

Rs.300/- + GST

31

Duplicate PIN / Regeneration of PIN through Branch

Rs.60/- + GST

32

ATM CHARGES:

I)Own/SBI/OtherATM Charges (exceeding 5 permissible limit-Financial&Non-Financial)

A)Savings Bank a/c:

(i)Financial:

a)Per Transaction

b)Transaction declined -insufficient balance per transaction

ii)Non-financial Transactions

B)CA/KCC from 1st Transaction itself

II. ATM Card/Kit returned by courier due to wrong address

 

I-A-i-a&b: Rs.22/- +GST

 

I-A-ii: Rs.6/- +GST

 

 

I-B:Rs.22/- +GST

 

 

II.Rs.100/- +GST

33

National Automated Clearing House (NACH) Mandate including E-mandae)

1.One time Mandate Authorization per Mandate Rs.50/- +GST

2.Failed Mandate:Rs.250/- +GST

34

DISCOUNT/PURCHASE OF CHEQUES

Interest@0.50perRs.100/- +collection charges+ GST and postage charges.

 

 In case cheques return unpaid, interest @15.50% p.a. and after adjusting the amount collected @Rs.0.50per Rs.100/- +GST

35

ISSUE OF SOLVENCY CERTIFICATES

.i)Upto Rs.1 lakh: Rs.750/- +GST

ii.>Rs.1 lac& upto Rs.25la:Rs.3000/- +GST

iii.>Rs.25 lac&upto Rs.50 lac: Rs.6000/- +GST

iv.>Rs.50 lac: Rs.11020/- +GST

36

ISSUE OF BANK GUARANTEES

a)    Commission for BGs issued where margin is less than 100% (*BG minimum period is one month)

i.Upto Rs.5Crores: 2.75%p.a +GST

ii)>Rs.5Cr & upto Rs.10Cr: 2.25%p.a. + GST

iii)>Rs.10Cr: 1.75%p.a. +GST

 

Min. Rs.280/- and com. To be collected quarter or part there of.

 

b)    For BGs issued with       100% margin

Rs.280/- + 25% of applicable charges  + GST

37

Charges for late payment of EMIs

For all advances (excepting HLs/Education Loans upto Rs.25000/-) penal interest at 2% is to be charged on entire loan o/s for the period of default  + GST

38

Equitable Mortgage Charges

 

I)Upto 1 lakh    : -NIL –

ii)Above 1 lakh : Rs.200/- per lakh,with a max. of Rs11200/- +GST

39

Gold Loans

I.Demand Loans

i)Proc. Charges:Rs.4.00 per Rs.1000/- Min.Rs.100/-,Max.Rs1000/- +GST

ii)Appraiser Charges:Rs.3.50 per Rs.1000/- Min.Rs.100/-, Max.Rs.400/- +GST

II.OverDraft

i)Proc.charges:Rs.6.00 per Rs1000/- Min.Rs100/-, MaxRs1000/- +GST

ii)Appraiser charges: Rs.3.00 per Rs.1000/- Min.Rs.50/-, Max.Rs500/- +GST

       

2. Inspection & Processing Charges on Loans & Advances

1. Processing Charges on Loans & Advances:

Loans Segment:

Processing Charges

i)   KCC (Crop loans):

a)  Up to  Rs 25000/-

b)  Above Rs 25000/- & upto Rs 2 lakhs

c) Above Rs 2 lakhs

 

  • Nil
  • Rs 500/- + GST

 

  • 0.30% of loan amount + GST

ii)  Loans to Self Help Groups:

a) Up to  Rs 2,00,000/-

b) Above Rs 2,00,000/-

 

  • Up to Rs.50,000/-: Nil
  • Above Rs.50,000/-: 0.5 % of limit sanctioned + GST

iii) 

  1. a.     Housing Loans & Car Loans

 

  1. b.     PLAEM

 

  • 0.50% with minimum of Rs.3000/- and a cap of        Rs 10000/- + GST
  • 1.00% with minimum of Rs.3000/- and a cap of        Rs 10000/- +GST

ivEducation Loans:  

  • Rs 5000/- to be collected at the time of delivering sanction letter to the student/guardian + GST
  • Rs 1000/- to be appropriated towards processing charges + GST
  • Rs 4000/- to be adjusted towards margin at the time of release of loan + GST
  • If the loan is not availed for any reason Rs 4000/- to be refunded  + GST

v)  Gold loans

 

  • Rs 4.00 per 1000/-,              Min Rs 100/- &                   Max Rs 1000/- + GST

vi) All other Loans:

  • Up to Rs 25000/-
  • Above Rs 25000/-

 

  • -Nil-
  • 1.10 % of limit sanctioned + GST

Notes:

  • No processing charges are applicable to DLs/Cash key against TDRs and loans sanctioned   to weaker sections under Govt sponsored schemes.
  • No processing charges to be recovered on loans against own deposits, NSCs, KVPs, IVPs etc.
  • The processing charges are to be recovered at the time of initial processing as well as at each renewal.  Where account could not be renewed in time, processing charges to be recovered for continuing the limit.

2. INSPECTION CHARGES

Loan Limit

For PER segment & SHG

For all Loans & Advances (other than PER segment & SHG

  • Up to 25000

NIL

NIL

  • Above 25000 up to        2 lacs

Rs.250/- p.a. + GST

Rs.500/- p.a. + GST

  • Above 2 lac up to        10 lacs

Rs.600/- p.a. + GST  

Rs.500/- per lac  + GST

  • Above 10 lacs

Min.Rs.150/- per visit + GST

Rs.500/- per lac  + GST