Service Charges
The Board of Directors of the Bank has resolved to revise the loan processing charges and the various service charges with effect from 1-05-2019. Service Tax and postage charges if any will be collected extra to all service charges). The revised charges are as follows:
Commission
D.D. upto Rs.10000/- : Rs.25/-
D.D. for Rs.10000 and above : 0.25%
(minimum Rs.50/-)
Upto 10,000 : Rs.50
above Rs.10000 : Rs. 100
Local Cheques/Bills: No Collection Charges.
Outstation Cheques/Bill Upto Rs.1000 : Rs.15/-
Rs.1001 to Rs.9999 : Rs.50/-
Rs.10000 to 100000 : Rs.100/-
Above Rs.100000 : Rs.150/-
Local cheques (Clearing) : Rs.100/-
Local other than clearing (Counter presentation): Rs.100/-
Outstation cheques: Collection Charge+Postage
Without Cheque Book :
Savings Account : Rs.500/-
Current Account : Rs.3000/-
No Frills Account : 0.00 Balance
With Cheque Book
Savings Account : Rs.1000/-
Current Account : Rs.5000/-
Savings A/c : Rs. 50/- (per half year)
Current A/c : Rs.200/- (per half year)
(This penalty should be levied from those accounts having outstanding balance less than the required minimum balance once in a half year)
No transaction for 6 Months
Savings A/c : Rs. 25/- (per half year)
Current A/c : Rs. 50/- (per half year)
Savings A/c : Rs. 100/- (per half year)
Current A/c : Rs.500/- (per half year)
Before completion of 3 Months : Rs.100
Defaulted but closed on or after due date : Rs.100
Premature Closure of defaulted accounts : Rs.100
Overdue interest on defaulted instalments of recurring deposits : 15% (of instalment amount)