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SERVICE CHARGES ::

 
Revision in Service Charges and Other charges
W.E.F. 23 April 2020


 
The Bank has revised the Charges effective from 23 April 2020
 

Sr.
No
Particulars Charges w.e.f 23 April 2020
1. Cheque Book Charges -SB No charges for first cheque book of 30 leaves. For issue of 2nd cheque book onwards Rs.3/- per leaf + GST
2. Cheque Book Charges–CD/CC/OD Rs.4/- per cheque leaf + GST
3. Issue of Duplicate Pass Book charges Rs.50/- + GST
4.

Duplicate Statement:
Current Account
Balance Certificate


Rs.50/- per page + GST
Rs.50/- per certificate + GST

5. Issue of Duplicate Term Deposit Receipt /Share Certificate Rs.50/- per receipt/Share Certificate + GST
6. Unused Cheque leaves Charges at the time of closure of A/c Rs.3/- per leaf + GST
7.

Stop Payment :

Stop Payment charges are to be recovered at the time of accepting STOP PAYMENT instructions only;

Rs.200/- per cheque + GST for SB A/c

Maximum Rs.1,000/- + GST.

Rs.350/-per cheque + GST for CD/CC/OD

Maximum Rs.2,500/- + GST.

Note: - Such cheques, if presented is to be returned by writing “PAYMENT STOPPED BY DRAWER’’ on the face of the cheque.

8.

Cheque return charges :


A) Inward Return :
B) Outward Return :
C) ECS return (Debit)
D) High Value Return
(Rs 10.00 lakh and above)
(Inward/Outward Return)


i.S.B. Rs.200/- per cheque (+2 days interest @ 14.50 %) + GST
ii.CD/CC/OD Rs.400/- per cheque (+2 days interest @14.50%) + GST
i.S/B Rs.200/- per cheque(+2 days interest @ 14.50 %)+ GST
ii. CD/CC/OD Rs.300/- per cheque(+2 days interest @ 14.50 %)+ GST
i.S/B Rs.50/- per instance+ GST
ii.CD/CC/OD Rs.200/- per instance + GST
i.Rs.500/- per instrument + 2 days interest @14.50% p.a.+ GST
9. Ledger Folio Charges: Rs.20/- + GST per folio of statement
10.

Minimum Balance to be maintained in SB/CD A/cs:
SB A/c


C/D A/c


Without cheque book Rs.100/-
With Cheque Book Rs.500/-

With cheque book Rs.2000/-

11.

Charges for Non maintenance of Minimum Balance:
Current A/c



Rs.100/- per month+ GST

12.

A/c closure charges
(within 1 year)

Saving A/c
CD/CC/OD

Without cheque book facility Rs.200/- + GST
With cheque book facility
Rs. 300/- + GST
Rs.1000/-+ GST

13.

Service charges for inoperative accounts
Accounts 2 year & above

Rs.100/- p.a. for S/B A/c + GST
Rs.250/- p.a. for C/D A/c + GST

14.

 

Duplicate Payorder/Banker's cheque
For Duplicate
For Revalidation


Rs.100/- + other Bank’s charges+ GST
Rs.50/- + other Bank’s charges+ GST

15.

Cash Handling Charges for
SB A/c


CD/CC/OD A/c


Rs.1 per 100 pieces of notes deposited
(No Charges for 500 pieces of any denomination)

Rs.3 per 100 pieces of notes deposited
(No Charges for 500 pieces of any denomination)

16.

Customers Signature/Photo verification charges Rs.50/- per verification for S/B+ GST
Rs.100/- per verification for C/D + GST
17. Duplicate Interest Certificate /Certificate for claiming exemption for repayment of interest/principle amount towards housing loan Rs.100/- per certificate+ GST
18. For issuing photocopy of the paid cheque / record copy of the cheques

Rs.150/- above 1 year record per instrument + GST.

Rs.100/- below 1 year record per instrument + GST.

19.

Safe Deposit Locker Annual Charges:

A) Small ‘A’

B) Medium ‘B’

C) Big ‘C’

D) Extra Big

E) Special Size

For Borivali/ Thane/
Bhayander/Mira Road Branches

A) Rs.1000/- p.a.+ GST

B) Rs.2,000/- p.a.+ GST

C) Rs.3,500/- p.a.+ GST

D) Rs.4,000/- p.a.+ GST

E) Rs.4,500/- p.a.+ GST

For other Branches

A) Rs.750/- p.a.+ GST

B) Rs.1,500/- p.a.+ GST

C) Rs.2,000/- p.a.+ GST

D) Rs.3,000/- p.a.+ GST

E) Rs.3,500/- p.a.+ GST

20.

Break Open of Locker:

a) Due to loss of key by customer
b) Due to non-payment of locker rent

 

a)Actual cost + Rs.750/- + GST
b) Actual cost + Rs.1000/- + GST ( to be recovered when customer comes for locker operation)

21. Issue of loose cheque leaves SB/CC/CD/OD Rs.100/- per cheque leaf
22. Pay Order/HDFC at par cheque charges:

For Bank’s customer Rs.3/- per thousand+ GST

Minimum Rs.25/-+ GST

Maximum Rs.2,000/-+ GST

For non-customers Rs.5/- per thousand + GST

Minimum Rs.50/-+ GST

Maximum Rs.5,000/-+ GST

23. Pay order/HDFC cheque cancellation
Issuing Bank's charge + Rs.100/-+ GST
24. Duplicate ATM Card due to loss or customers fault Rs.150/- per card+ GST
25. Loss of Token Rs.100/- per token+ GST
26.

Commission on issuance of Bank Guarantee/ Letter of Credit:

i) Fully secured by 100% Deposit

ii) Partly Secured by 50% Deposit & 50% other Collateral Security

 

1% p.a. of the guarantee amount + GST
Minimum Rs.200/- +GST

1.00% p.a. on the amount fully secured by deposit & 2.00% p.a. on the amount secured by collateral security. + GST
Minimum Rs.500/- + GST
Maximum Rs. 5,00,000/- + GST

27. Stock statement non submission charges/Delay in submission Rs.200/- per lac per month
Min.Rs.200/-+ GST
Max.Rs.600/-+ GST
28. Inspection of Stock / Book-debts / Factory plant & machinery, vehicle, etc.

Rs.100/- For limit upto Rs.1.00 lac + actual expenses incurred+ GST

Rs.200/- For limit between Rs.1.00 lac to
Rs.5.00 lacs + actual expenses incurred+ GST

Rs.300/- For limit between Rs.5.00 lac to
Rs. 10.00 lacs + actual expenses incurred+ GST

Rs.500/- For limit above Rs.10.00 lac + actual expenses incurred+ GST

Note: Charges are to be recovered manually.

29. Loan Application: Rs.100/- + GST per form
30.

Loan Notice Charges

A) 1st Notice (Borrower)

B) 2nd Notice (Borrower with Guarantors)

C) Personal Visit

D) Recovery Officer/Branch
Managers visit

E) Head Office visit GM/AGM

F) Attachment charges u/s101

G) Legal Court Case

 

A) Rs.200/-+ GST

B) Rs.500/-+ GST

C) Rs.500/-+ GST (Charges to be recovered manually)

D) Rs.200/-+ GST

E) Rs.300/-+ GST

F) Rs.500/-+ GST

G) Actual + Rs.500/-+ GST
Note: Charges to be recovered manually.

31. Fixing Banks name plate on mortgage property / hypothecated machinery / vehicle Rs.500/- + GST
32.

RTGS/NEFT

NIL

33.

RuPay Card Charges :
Annual Charges

Issuer Charges (more than 3 in metro and 5 in non-metro cities)

Financial (Cash Withdrawal)

Non Financial
Balance Inquiry
Pin Change
Mini Statement

Duplicate Pin

Duplicate ATM card

Rs.100/- + GST





Rs.20/- (incl of GST)

Rs.10/- (incl of GST)
Rs.10/- (incl of GST)
Rs.10/- (incl of GST)

Rs.50/- + GST

Rs.100/- + GST

34.

a) Quick Money Transfer  (IMPS Branch Banking)

b)
IMPS Mobile Banking

Rs.5/- per transaction + GST

Rs.2/- per transaction + GST
35.

ACH Mandate Verifications
a) All Saving A/c Prod.

b) All Current & CC/OD Prod.


Rs.50/- + GST

Rs.100/- + GST

36. Inward Cheques / Bills for Collection

Commission Rs.5/- per thousand OR Part thereof.

Minimum Rs.50/- Maximum Rs.5000/-

Special Note: Postage/Courier charges of Rs.50/- to be recovered extra.

37. Creation of Equitable Mortgage / Registered Mortgage 0.05% of loan amount Maximum Rs.5000/-+GST
Note:- (In case of Equitable Mortgage charges to be shared equally by Borivali or Thane Branch & rest of the other branches)
38. Takeover Charges 5% - Upto 2 Years
3% - above 2 Years
Sd/-
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