सेवा प्रभार

1

Non Maintenance of Minimum Balance

A

SB - Operative

Metro & Urban : MAB Rs 2,000/-

S

>=Rs. 1,000 to < Rs. 2,000           Rs. 38/- per month

>=Rs. 500 to < Rs. 1,000              Rs. 56/- per month

Rs. 0 to < Rs.500                            Rs. 75/- per month

Semi Urban : MAB Rs. 1,000/-

>=Rs.500 to < Rs.1,000                Rs. 25/- per month

>=Rs.250 to < Rs. 500                  Rs. 38/- per month

Rs. 0 to < Rs. 250                           Rs. 50/- per month

Rural Branches: MAB  Rs 500/-

>=Rs. 250 to < Rs. 500                  Rs. 10/- per month

>=Rs. 125 to <Rs.  250                  Rs. 15/- per month

NB:

• If charges are levied for two consecutive quarters, account may be closed after giving due notice.
• Minimum balance condition and related charges are not applicable for accounts under Yuva Yojna, Pension Schemes, and No Frills/ BSBDA accounts, Mahasarvajan Savings Bank accounts and other products where minimum balance condition is not applicable.

S

B

Royal SB

Below (MAB) of Rs. 1, 00,000/- : Rs 400/- per month.

S

C

Purple SB

Below (MAB) of Rs 3, 00,000/- : Rs.1000/- per month.

S

D

CA - Operative

(No diff. between Individual and Non Individual)

Metro / Urban / Semi urban : MAB Rs. 5000/-

Charges: Rs. 800/- per month

Rural : *MAB Rs 2500/-

Charges :Rs. 175/- per month

S

E

Diamond CA

MAB Rs. 1 Lakh:

Rs, 2500 monthly.

S

2

Duplicate Passbook / Account Statement (Through Counter)

A

SB

Initial and continuation passbook free.

Rs.100/- per duplicate Passbook with latest balance plus Rs.75/- per group of 25 entries or part thereof

S

B

CA / CC

First Statement : Free                                                                                               

Duplicate account statement: Rs.100/- per 25 entries or part thereof                                                             

S

C

TD

Rs. 100/- for duplicate of lost receipt

M

3

Cheque Leaves

A

SB

20 free leaves p.a.

Rs.5.00 per additional leaf (Rs 100/- for cheque book of 20 leaves)

S

B

Royal SB

100 free leaves p.a.

S

C

Purple SB

200 free leaves p.a.

S

D

CA / CC

Rs.5.00 per leaf 

(Rs 250/- for cheque book of 50 leaves)

S

4

Loss of Chq Book

A

SB

NIL

S

B

CA / CC

NIL

S

5

Cheque Return

A

Outward (Return of cheques drawn on our Bank)

Financial reason: Rs.500/- Per Chq up to three cheque return in a month;

Thereafter, Rs. 1000 per return in the same month for financial reasons.

Non-Financial reason attributable to drawer : Rs. 150/- Per Chq per occasion

S

B

Inward

(Return of cheques deposited by our customers)

Financial reason:

Rs.500/- Per Chq per occasion

Non-Financial reason attributable to drawer

Rs. 150/- Per Chq

S

6

Stop Payment

A

SB

Rs.200/- per cheque.

Max.Rs.1000/- per reference

(No Charges for Stop Transaction through Digital Channels)

S

B

CA / CC

Rs.300/- per cheque.

Max.Rs.2000/- per reference

(No Charges for Stop Transaction through Digital Channels)

S

7

Account Maintenance (Ledger Folio charges)

A

SB

NIL

S

B

CA / CC

CA -

On the basis of Quarterly Average Balance (QAB) in previous quarter

Below Rs 1,00, 000  : Rs 200/- per quarter

>=Rs. 1,00,001 to < Rs. 2,00,000 : Rs 150/- per quarter

>=Rs. 2,00,001 to < Rs. 5,00,000 : Rs 100/- per quarter

>= Rs 5,00,000 : Free

CC - Rs 200/- per quarter

 Business Correspondents- Account Maintenance charges not applicable to BCAs & Govt. accounts.

S

8

CBS Transactions

A

Cash Deposit :

SB Account

NIL.

B

Cash Deposit : CA Account

NIL

(Cash handling extra)

C

Cash Withdrawal : SB & CA

(At home and Non-Home branches)

NIL.

D

Transfer of Funds to other customer account (inter CIF)

(at Non-home branches)

As per Outward NEFT across counter

Up to Rs 10000/-                      : Rs 2.50/- per txn

Rs. 10001 to Rs. 1 Lakh           : Rs.5/- per trxn                    

Rs. 1.01 Lakh to  Rs. 2 Lakh    : Rs 15/- per txn

Above Rs. 2 Lakh                        : Rs.25/- per txn

S

E

Collection of cheque

(at Non-home branches)

Free

S

F

Cash handling

1. For SB, CA,MIXI OD,CC Account Holders:

Up to Rs 50000/- per day            : Free

From Rs. 50001/- to Rs. and above : Re.1/- per Rs. 1000/- or part thereof; subject to minimum of Rs. 100/- per transaction and maximum of Rs. 10000/- per transaction.

NB: For two or more transaction in a day, charges shall be collected by taking cumulative total of the cash deposits during the day on the amount in excess of Rs. 50000/-.

2. Diamond Accounts: No Charges

3. No Charges for loan / NPA/ Write OFF Recovery.

S

9

SMS Alert

A

SB - Rs 15/- per quarter

CA/CC - Rs 25/- per quarter

NB: Following categories of customers are exempted from SMS alert charges: BSBDA/FI/PMJDY Customers, Staff members (including ex-staff members) & Pension Account Holders.

S

10

Reconstitution of Account

A

Verification of Signature

Rural/SU: Rs. 150/- per verification

Urban/Metro : Rs. 200/- per verification

M

B

Change of signatures

Rs. 150/- per occasion

M

C

Attestation of Photograph

Rural/SU: Rs. 150/- per occasion

Urban/Metro : Rs. 200/- per occasion

M

D

Addition/deletion of names in accounts

Rs. 200/- per occasion

M

E

Operational instructions (including lockers)

Rs. 200/- per occasion

M

F

Nomination

1st Registration of Nomination: Free per account

Change in registered nomination: Rs. 100 per instance per account.

Nomination Re- Registration (in case of the deceased nominee): NIL

(NIL, if done through the digital channels)

M

G

Change in address / mobile / email

1st Occasion : Free per account

2nd Occasion & thereon : Rs. 150/- per occasion

M

11

Enquiry Related to old records

A

Up to 6 months

Rs. 150/- per item

M

B

Up to 1 year

Rs. 200/- per item

M

C

Up to 2 years

Rs. 250/- per item

M

D

above 2 years

Rs. 250/- per item for first 2 years and

Rs. 100 for every additional year or part thereof.

M

12

OBC/IBC Cheques

A

Up To Rs.  10000/-

Rs 50/- per instrument

S

Above Rs.10,000/- to 1,00,000/-

Rs 150/- per instrument

S

Above Rs.1,00,000/- to Rs. 5,00,000/-

Rs. 300/- per instrument

S

Above Rs. 5,00,000/- to 10,00,000/-

Rs. 300/- per instrument

S

Above 10 Lakhs

Rs.375/- per instrument

S

B

Royal/Purple

Immediate Credit of outstation Cheque up to Rs. 25,000/- free of charge (not exceeding 2 cheque per month)

M

C

Commission Sharing

On 50:50 basis where collecting bank does not have a branch.

M

D

Collection of cheque/warrants by mandate

(except salary & pension- cheque/ ECS credit)

M

Rs.10/- per credit entry

13

OBC/IBC Bills

A

Up To Rs. 10,000/-

Rs. 150/- per bill

S

Above 10,000/- to Rs. 1,00,000/-

Rs. 15/- per Rs. 1,000 or part thereof Min Rs.150/-

S

Above Rs.1,00,000/- to Rs. 10,00,000/-

Rs. 15/- per Rs. 1,000 or part thereof Min Rs.1500/-

S

Above Rs. 10,00,000/-

Rs. 15/- per Rs. 1,000 or part thereof Min. Rs.15, 000/-, Max. Rs.20,000/-

S

B

Additional Charges for retirement of IBC against cash

Normal Charges as mentioned above for account holders

Others: 50% over and above Normal Charges. (acceptance of cash of Rs.50,000/ & above not permitted)

S

14

Outstation Cheque/ Bills Return unpaid

A

50% of collection charges.

Minimum Rs.100/- + other bank charges if any.

S

15

DD/PAY ORDER

 A

Up to Rs. 5,000/-

Rs. 50/- per instrument

S

 B

5,001 to 10,000/-

Rs. 50/- per instrument

S

 C

above Rs.10,001/-

Above Rs. 10,000/-              : Rs. 5/-  per Rs. 1000/-

to Rs. 1 Lakh                             Min. Rs. 100/-

Above Rs. 1,00,000/-           : Rs. 4/-per Rs. 1000/-

                                                      Min.Rs. 500/-

                                                      Max. Rs. 1000/-

S

 D

Diamond CA

Free

S

 E

Issue of Duplicate

Up to Rs. 5000- Rs.100/-

Above Rs. 5000- Rs. 200/-

S

 F

Cancellation

Up to Rs. 500/- : Free

Above Rs. 500/- : Rs. 150/- per instrument

S

 G

Revalidation

Rs. 150/- per instrument

S

16

Collection of Deposit Receipt of Other

A

Local

NIL

M

B

Others

As per OBC cheque.

M

17

Remittance of Term Deposit on Maturity to other Bank

A

As applicable to outward NEFT / RTGS

S

18

Standing Instructions

A

Registration

SI FOR NEFT/ RTGS : Rs. 100/- per occasion

For other PURPOSE : NIL

S

B

Execution

NIL

S

C

Non-Execution

NIL.

19

ECS Credit

A

As Destination Bank – Nil

S

B

As sponsor Bank - Rs. 5/-per transaction (above Rs.2 cr, additional Rs. 50/- to be charged as Clearing House Charges) Min. Rs. 2,750/-.

No charges to individual beneficiary’s account.

S

20

ECS Debit

A

Registration

Rs. 150/-

S

B

Execution

Rs.3.50 per transaction (above Rs.2 cr, additional Rs. 50/- to be charged as Clearing House Charges)

Min. Rs. 2,750/-

S

21

Inward RTGS

A

Free

S

Outward RTGS

B

TXN BETWEEN 

08:00 TO 11:00 hrs

Rs. 2 lakh to Rs. 5 lakh:  Rs. 25/- (Across counter)

                                              Rs. 5/- (Digital Mode)

Above Rs 5 Lakhs:           Rs. 50/-(Across counter)

                                              Rs. 10/- (Digital Mode)

S

C

TXN BETWEEN 

11:00 TO 13:00 hrs

Rs. 2 lakh to Rs. 5 lakh: Rs. 27/- (Across counter)

                                             Rs. 5/- (Digital Mode)

Above Rs 5 Lakhs:          Rs. 52/-(Across counter)

                                             Rs. 10/- (Digital Mode)

S

D

TXN BETWEEN 

after 13:00 hrs

Rs. 2 lakh to Rs. 5 lakh:  Rs. 30/- (Across counter)

                                              Rs. 5/- (Digital Mode)

Above Rs 5 Lakhs:           Rs. 55/-(Across counter)

                                              Rs. 10/- (Digital Mode)

S

22

Inward NEFT

A

FREE

S

Outward NEFT

B

Up to Rs 10000/-

Across Counter: Rs 2.50/- per trxn

Digital Mode       : FREE

S

C

Rs. 10001 to 1 Lakh

Across Counter : Rs.5/- per trxn

Digital Mode       : FREE

S

D

Rs. 1.01 Lakh to Rs. 2 Lakh

Across Counter : Rs 15/- per transaction

Digital Mode       : FREE

S

E

Above 2 Lakh

Across Counter : Rs.25/- per transaction

Digital Mode       : FREE

S

F

Royal SB

Free NEFT/RTGS through internet banking

S

G

Purple SB

Free unlimited NEFT/RTGS remittances

S

H

Diamond CA

Free

S

23

Power of attorney/Mandate

A

Allowing operations through PoA Mandate

Rs. 500/-for Individual

M

Rs.  1000/-for Non-Individual

24

Inoperative Charges

A

SB

No charges to be levied irrespective of the balance in the account

S

B

CA

No charges to be levied irrespective of the balance in the account

S

25

Closure of Account

A

SB

Individual A/c closed within 14 days   :     NIL

from account opening

S

Closed within 15 days to 1 year- Rs 500/-

(other than Royal and Purple)

Rs. 500 for non-individual accounts

B

Royal SB

Before 1 year: Rs 1,000/-

S

C

Purple SB

Before 1 year: Rs 1,000/-

S

D

CA

Up to 14 days from account opening date: NIL

If closed within 15 days to 1 year-Rs 750/-

(No difference between Individual and Non Individual)

S

26

Interest Certificate

A

First certificate free.

M

Rs 200/- per additional copy.

27

Balance Certificate

A

First certificate: Free.

M

Rs 150/- for additional copy.

28

Loss of Token

Rs. 100/- per lost token

M

29

Safe Custody Charges

A

Bank Own Deposit Receipt

Rs. 50 p.a.

M

B

Scrips

Rs. 100/- per scrip.

M

Min. Rs. 200/- p.a. or part thereof.

C

Sealed Cover

Rs. 500/- per cover p.a. or part thereof.

M

D

Small Box (up to 1000 cubic cm)

Rs. 1000/- p.a. per box

M

E

Medium Box (up to 8000 cubic cm)

Rs. 2000/- p.a. per box

M

F

Large Box above 8000 cubic cm)

Rs. 5000/- p.a. per box

M

G

up to 1 year

Rs. 200/- per item

M

H

up to 2 years

Rs. 250/- per item

M

I

above 2 years

Rs. 250/- per item for first 2 years and

M

Rs. 100 for every additional year or part thereof.

30

Door Step Banking

A

FOR INDIVIDUAL

Rs.75/-

M

B

For Others

i

Up to Rs. 2.00 Lac

Rs. 3250/- and per call charges Rs. 125/-.

M

ii

Above Rs. 2 Lac up to Rs. 3 Lac

Rs. 4500/- and per call charges Rs. 175/-.

M

iii

Above Rs. 3 Lac up to Rs. 4 Lac

Rs. 6500/- and per call charges Rs. 250/-.

M

iv

Above Rs. 4 Lac up to Rs. 5 Lac

Rs. 7000/- and per call charges Rs. 265/-.

M

v

Above Rs. 5 Lac up to Rs. 6 Lac

Rs. 9000/- and per call charges Rs. 340/-.

M

vi

Above Rs. 6 Lac up to Rs. 8 Lac

Rs. 9500/- and per call charges Rs. 360/-.

M

vii

Above Rs. 8 Lac up to Rs. 10 Lac

Rs. 10000/- and per call charges Rs. 385/-.

M

viii

Above Rs. 10 Lac up to Rs. 20 Lac

Rs. 17500/- and per call charges Rs. 675/-.

M

ix

Above Rs. 20 Lac up to Rs. 30 Lac

Rs. 18500/- and per call charges Rs. 700/-.

M

x

Above Rs. 30 Lac up to Rs. 40 Lac

Rs. 19500/- and per call charges Rs. 750/-.

M

xi

Above Rs. 40 Lac up to Rs. 50 Lac

Rs. 20000/- and per call charges Rs. 775/-.

M

xii

Above Rs. 50 Lac up to Rs. 75 Lac

Rs. 23500/- and per call charges Rs. 900/-.

M

xiii

Above Rs. 75 Lac up to Rs. 1 Crore

Rs. 44000/- and per call charges Rs. 1875/-.

M

xiv

Above Rs. 1 Crore up to Rs. 1.50 Crore

Rs. 50000/- and per call charges Rs. 2500/-.

M

xv

Above Rs. 1.50 Crore up to Rs. 2 Crore

Rs. 60000/- and per call charges Rs. 3125/-.

M

31

DMAT

A

Documentation

Actuals

B

Dematerialization

Rs. 5/- Per certificate

M

C

Transaction (Sell/Debit)

Rs.2/- per certificate Min. Rs. 25/- per request

0.03% of value subject to min. Rs.25/- & max. Rs. 500/-

M

D

Pledge

For MAHA e-trade Online Trading Customer flat charges Rs 10/- per transaction

M

E

Unpledge

Rs. 60/- per ISIN (pledgor),

Rs. 40/- per ISIN (pledgee)

Rs. 30/- per ISIN (pledgor),

M

F

Pledge invocation

Rs. 20/- per ISIN (pledgee)

M

G

Re materialisation / Repurchase

Rs. 40/- per transaction

M

H

Failed Transaction

Rs. 30/- per transaction

M

I

Late Transaction

Rs. 25/- per transaction

M

J

Demat/Other mail

Rs. 20/- per transaction

M

K

Freeze / Unfreeze

Actuals

M

Min. Rs. 25/- per trax.

L

Annual Maintenance

Rs. 50/- per transaction

Rs. 500/- p.a.(for individuals/ NRI/HUF Trust), Rs.150/- p.a. for existing / retired staff.

Rs. 1,000/- p.a. for others payable in advance

Free for 1st year for Royal Saving A/C

Free for Diamond Current A/C

M

M

Basic services Demat. Account

AMC Free for 1st year

50% of AMC waived from Year 2 for Purple SB

M

32

Locker

A

A

1. Security Deposit: Rs. 12000/-

S

2. Rent:

Metro/Urban: Rs. 1800/- p.a.

Rural/SU: Rs. 1200/-p.a.

B

1. Security Deposit: Rs. 12000/-

S

2. Rent:

Metro/Urban: Rs. 2000/-p.a.

Rural/SU: Rs. 1200/-p.a.

C

1. Security Deposit: Rs. 15000/-

S

2. Rent:

Metro/Urban: Rs. 3600/- p.a.

Rural/SU: Rs. 2400/- p.a.

D

1. Security Deposit: Rs. 15000/-

S

2. Rent:

Metro/Urban: Rs. 3600/- p.a.

Rural/SU: Rs. 2400/- p.a.

E

1. Security Deposit: Rs. 25000/-

S

2. Rent:

Metro/Urban:Rs. 4000/- p.a.

Rural/SU : Rs. 2700/- p.a.

H1

1. Security Deposit: Rs. 25000/-

S

2. Rent:

Metro/Urban: Rs. 4000/- p.a.

Rural/SU: Rs. 2700/- p.a.

F

1. Security Deposit: Rs. 25000/-

S

2. Rent:

Metro/Urban: Rs. 5000/- p.a.

Rural/SU: Rs. 4000/- p.a.

G

1. Security Deposit: Rs. 25000/-

S

2. Rent:

Metro/Urban: Rs. 5000/- p.a.

Rural/SU: Rs. 4000/- p.a.

H

1. Security Deposit: Rs. 25000/-

S

2. Rent:

Metro/Urban: Rs. 6000/- p.a.

Rural/SU: Rs. 5000/- p.a.

L

1. Security Deposit: Rs. 50000/-

S

2. Rent:

Metro/Urban: Rs. 10000/- p.a.

Rural/SU: Rs. 8000/- p.a.

K

1. Security Deposit: Rs. 50000/-

S

2. Rent:

Metro/Urban: Rs. 10000/- p.a.

Rural/SU: Rs. 8000/- p.a.

B

Diamond CA

One Locker Free

S

(Any type)

C

Registration

NIL

S

D

Visit

12 visits per year free.

S

Thereafter : Rs.100/- per visit

E

Loss of Keys

Actual expenses incurred towards replacement of keys +

M

Rs 2000/- towards administrative cost

F

Staff and Ex-staff Concession

i) 25 % concession in locker rent in one locker of any type.

S

ii) Security deposit for staff & ex-staff is applicable as per locker type.

The facility is for one locker in name of staff & ex-staff only (incl. joint a/c).

G

Penalty for Rent in Arrears

3% p.m. on the amount of locker arrears

S

(also applicable for staff)

H

Special Discount for advance payment of Rent for customer and staff

NIL

33

Instant Locker

A

Security Deposit

Metro/ Urban : Rs. 7500/-

S

Semi Urban/Rural : Rs. 5000/-

In the form of term deposit for 6 months period with auto renewal mandate.

B

Rent Category – I (A,B,C,D,E,H1)

1-7  Days :

S

Metro/Urban/Semi Urban/Rural - Rs 500/-

8-15 Days :

Metro - Rs 700/-, Urban - Rs 600/-, Semi Urban/Rural - Rs 500/-

16-30 Days :

Metro - Rs 1200/-, Urban - Rs 800/-, Semi Urban/Rural - Rs 600/-

31-60 Days :

Metro - Rs 1500/-, Urban - Rs 900/-, Semi Urban/Rural - Rs 700/-

61-90 Days :

Metro - Rs 1800/-, Urban - Rs 1200/-, Semi Urban/Rural - Rs 1000/-

C

Rent

1-7  Days :

S

Category - II

Metro/Urban/Semi Urban/Rural - Rs 600/-

(F,G,H,L,K)

8-15 Days :

Metro - Rs 1000/-, Urban - Rs 700/-, Semi Urban/Rural - Rs 600/-

16-30 Days :

Metro - Rs 1500/-, Urban - Rs 1000/-, Semi Urban/Rural - Rs 900/-

31-60 Days :

Metro - Rs 1700/-, Urban - Rs 1200/-, Semi Urban/Rural - Rs 1100/-

61-90 Days :

Metro - Rs 2000/-, Urban - Rs 1500/-, Semi Urban/Rural - Rs 1200/-

D

Visit

6 free visit during the lease period.

S

Thereafter : Rs.100/- per visit

E

Loss of Keys

Actual expenses incurred towards replacement of keys +

M

Rs 2000/- towards administrative cost

34

Postal Charges

A

ORDINARY

ACTUAL EXPENDITURE

M

B

REGISTERED POST/SPEED POST/COURIER

ACTUAL EXPENDITURE

M

35

Debit Card

A

Issuing New Card

Classic Contactless Card: NIL

S

Platinum Card:Rs.100/-

B

Annual Maintenance

1. General Public Ist year Free

Rs. 200 from second year onwards

2. Staff/Ex-staff/BSBD/Pension/Yuva/Royal/

Purple/MKCC/ Mahabank Salary/ Supreme Payroll : Free

S

C

Add-on Card

Rs. 300/-

S

D

Replacement

Rs. 200/-

S

E

Re-issue of Hot-listed Card

Rs. 200/-

S

F

Re-PIN

Rs. 50/-

S

(Green PIN-No charges)

G

Enhancement/ Reduction in limits

Rs.50/-

S

35

ATM Usage

A

Bank's ATM

First 5 Transactions in a month:  Free.

S

Transactions over and above free limit will be charged as under:

1. Financial: Rs. 21/-

2. Non-Financial : Free

B

Other Bank's ATM

1.For Saving Bank Accounts - First 5 transactions in a month - Free (Except six metros viz Mumbai, New Delhi, Chennai, Kolkata, Bangalore & Hyderabad where 3 transactions only –both financial and non-financial are free in a month)

2. Above stipulated Usage for Saving Bank Account

From 6th transaction onwards in a month

Financial: Rs. 21/-

Non-Financial: Rs. 10/-

3. CA: Rs. 20/- for Financial & Rs. 10/- for Non-Financial

4. Declined transaction due to insufficient funds (both SB & CA accounts) : Rs 20/-

S

C

Visa International

Financial:

Rs. 150/ For all countries

In addition 2 % of transaction amount

Non-Financial:

Rs. 34/- for balance enquiry

S

D

POS at Petrol Pump Railway Counter

2.5 % of transaction amount subject to max. Rs 10/-

S

36

Cash deposit on cash points(CDMs)

A

By debit card to own account

NIL

S

B

By debit card to third party account

NIL

S

1

TOD / EOD

A

Interest on TOD

MCLR +8% with monthly rest

S

B

Interest on EOD

For Sanctioned EOD:
Existing ROI on sanctioned W/C limit +2% pa with monthly rest

Irregularity without sanction:
2 % pa with monthly rest for entire sanctioned W/C facility

S

2

Against Clearing

A

Current/Saving A/c

MCLR+8.00% p.a (Interest to be charged only for days the bank remain out of fund)

S

B

Working Capital

For Sanctioned facility:
Existing ROI on W/C limit +2% pa with monthly rest
Irregularity without sanction:
2 % pa with monthly rest for working capital facility

S

3

BP/BD

A

BP/BD of cheques

(Up to 25000/- for Metro/Urban: or
Up to 15000/- for Rural/SU):
Commission of OBC cheques (Purchased under BP customer service. No interest to be charged)

(Above 25000/- for Metro/Urban: or
Above 15000/- for Rural/SU):
Commission per OBC cheque + Interest @0.30% which covers interest for7 days. To be recovered at the time of purchase
For realization period beyond 7 days interest to be charged at MCLR + 8.00% p.a

S

B

BP/BD Bills

Not rated accounts:
One time basis-commission on OBC bills + interest for discounted period @ the rate applicable to TOD i.e. MCLR+8.00% p.a.

Rated accounts:
Commission as per OBC bills + interest based on credit rating.
If the bills remain overdue, interest to be recovered for the overdue period along with penal interest.

M

4

Certificates

A

Solvency Certificate

0.30% of Solvency certificate amount 
Min: Rs 1000/-, Maximum Rs 30000/-

M

B

Issuance of No Dues

Metro/Urban:
Individual-Rs100/-; Non-Individual-Rs150/-

Rural/SU:
Individual-Rs25/-; Non-individual-Rs 75/-

No charges for Government sponsored schemes and Agri Loan to SF/MF/share croppers

M

C

Providing Credit Report

Rs 1000/- per occasion

M

5

Inspection/ Supervision Charges

A

1. Up to Rs 25000/- :  NIL
   Above Rs 25000/- to Rs 2.00 Lac: Rs 150/- P.A.
   Above Rs 2.00 lac to Rs 1.00 Crore: @0.25% P.A.
   (Max Rs. 15000/-)
   Above Rs 1.00 Crore to Rs 25.00 Crore: @ 0.15% P.A.
   (Max Rs 20000/-)
   Above Rs. 25.00 Crore : Rs 25000/-
   + (Cost of visit on Actual basis)
   
   (Charges to be levied on :
   Working Capital: Total FB+NFB Limits
   Term Loan: Outstanding Balance)
2. Retail Loans – (Housing, 4 Wheeler Vehicle, LAP- self occupied house, Education Loan): Rs 200/- P.A.
    

   (No Charges on Education Loan upto Rs 4.00 Lakh).

3. No supervision / Inspection charges for other retail loans like 2 wheeler vehicle, Personal, Consumer, Gold, Solar and Aadhar loans.
4. Crop loan / MKCC
   Upto Rs 3,00,000/--: Nil
   Above Rs 300000/- @0.25% p.a
   Minimum: Rs 750/-p.a, Maximum: Rs 5000/- p.a

S

6

Processing Fees

A

Working Capital
(Both Fund based and Non fund based facilities)

1. Credit Limits:

upto Rs 25000/- -  NIL

Rs 25001/-to Rs -1 Cr @0.35% p.a.

Rs 1 cr and above @ 0.35% p.a.

(Min Rs 1000/-)

(Max for Priority Sector : Rs 35 lacs)

Max for Exporters:  Rs 17.50 lacs)

For other Advances: No max limit

Annual fees for renewal:

Same as above.

2. MSME Loans:

Up to Rs 5.00 Lacs: NIL

Above Rs. 5 Lacs @ 0.35% p.a.

No processing fees on Government sponsored schemes, against LAD and Agri Loans to small and marginal farmer’s up to Rs 3 Lakhs.
For enhancement within one year: No concession
Annual fees for renewal:
same as above.

3. In case of MKCC/Crop Loan up to Rs 3.00 Lakh for small and marginal farmer category : NIL

S

B

Term Loan

Up to Rs 25.00 Cr @ 1.10% of Sanctioned amount
Above Rs. 25.00 Cr to Rs. 100.00 Cr @ 0.90%
Above Rs. 100.00 Cr @ 0.75%

S

MSME Loans :
up to Rs. 5 Lacs: NIL
Above Rs 5 Lacs to Rs 25.00 Cr @ 1.00% of Sanctioned amount
Above Rs. 25.00 Cr to Rs. 100.00 Cr @ 0.80%
Above Rs. 100.00 Cr @ 0.70%
 

In case of MKCC/Crop Loan up to Rs 3.00 Lakh for small and marginal farmer category : NIL

For Proposal Through PSB59 portal:

MUDRA LOAN UP TO RS. 10 LAKHS:

MARKET PLACE:

PROPOSAL TYPE:

ONLINE:

Rs. 1000/-

Disbursement (Offline):

Rs. 750/-

BANK SPECIFIC URL

PROPOSAL TYPE:

ONLINE:

NEW: RS. 1000/-

RENEW: RS. 200/-

ENHANCEMENT: RS. 500/-

DISBURSEMENT(OFFLINE):

NA

UPFRONT PROC FEE:

Rs.1.00 cr and above – 50% before handing over the sanction letter to the customer & remaining 50% at the time of documentation

Below Rs.1.00crore: 100% at the time of documentation.

Note :

1. 75% of the charges recovered at the time of handing over the sanction letter to be refunded if sanction is not agreed when conveyed.
2. However, if the consent / acceptance or otherwise for limit sanctioned is not given within 2 weeks from conveying of sanction by branch, the processing charges recovered upfront will be forfeited
3. Processing charges recovered by the Bank on completion of documentation will not be refunded whether limit is availed fully or not.

S

Review :

Liability up to Rs.1 Crore: Nil

Liability above Rs.1 Cr.Rs.100 per Lakh;
 

Minimum Rs.10, 000/-

Maximum Rs.5 lakh

Review Charges shall be collected on the exposure (i.e., outstanding Liability plus un availed limits) annually commencing from completion of one year from the date of first disbursement.

S

C

RETAIL LOANS:

Housing Loan : 0.25% of Loan amount (Max 25000/-)

Maha Bank Top up Loan: 0.50% of Loan  amount

Maha Super Car Loan : 0.25% of Loan amount (Min - Rs 1000/-and Max - 15000/-)

Maha Bank Vehicle Loan (2 w) : 0.25% of Loan (Min - Rs 500/- )

Loan against Self-occupied  Property  : 0.50 % of Loan Amount

Model Education Loan Scheme : Processing charges should not be levied. However, processing fees @ 0.50 % of the loan application should be charged upfront in case of considering loan for studies abroad. The fees however, be refunded upon the student taking up, the course and availing loan, by reversal of charges through CBS manually.

Mahascholar Education loan Scheme: No Processing / Upfront Charges
Aadhar Loan Scheme for Pensioners: 0.50 % of Loan Amount Min. 500/-
Consumer Loan Scheme: 0.50 % of Loan Amount Min. 500/-
Personal Loan: 1 % of Loan Amount Min.  1000/-
Salary Gain Scheme : 0.50 % of Loan Amount Min. 500/-
Maha Bank Gold Loan : Rs 500/- per Loan Account

S

D

Bill discounting under LC

@0.01%
Minimum of Rs. 500/-
Maximum of Rs. 50000/-

S

E

Non Fund Based Limits

As applicable to the fund based facility

S

F

Forward Contract Limit

NIL

S

G

Adhoc Interchangeability
(Btwn. FB & NFB)

 @ 0.15% per occasion

(Min Rs. 1000/-per occasion)

S

H

Adhoc Working Capital
(EOD / STL)

@150% of normal processing fee on prorata basis & as per loan segment.

(Min Rs. 1000/-per occasion)

S

7

Lead Bank Charges (Where our Bank is a Lead Bank)

A

New / Renewal

0.35% of the total FB/NFB limits/WC/TL
(Max Rs. 50 Lacs)
Same for renewal of WC limits (except TL)

M

8

Delayed Review (Due to non-submission of renewal data including Audited Balance sheet by the borrower)

A

Delayed Review of Working Facility

12-15 months:
1% p.a. over & above applicable rate of interest for  quarter

above 15 months:
2% p.a. over & above applicable rate of interest for each quarter

M

9

Commitment Charges

A

Upto Rs. 1 Crore: NIL

Above Rs. 1 Crore:
New Sanction:
1. Working Capital:  limits if not utilised within 3 months :-
0.50% p.a.to be recovered at quarterly intervals @0.125%.

2. Term Loan limits: NIL
 

3. Existing Working Capital Limits:
 

3a.utilization above 75% :- NIL
 

3b.utilization 50-75% :- 0.5% p.a. of the unutilized limits. To be recovered at quarterly intervals @0.125%.

3c.utilization Below 50%:- 1% p.a. of the unutilized limits. To be recovered at quarterly intervals @0.25%.

4. Line of Credit: 1% p.a. of the sanctioned unutilized limits. On quarterly basis @0.25%.

M

10

Restructuring of Credit Facilities

A

Restructuring of Credit facilities

As per normal processing fees for WC/TL facilities

MSME:
without increase in exposure:
up to 5 Lakh: NIL
above 5 Lakh: 0.10%
for increase in exposure: applicable processing fees for additional facilities.

M

11

BG COMMISSION

A

FOR BORROWER WITH EXPOSURE GREATER THAN RS. 25 CRORE

FOR BORROWERS WITH EXPOSURE UP TO Rs. 25 Crore.

S

B

Renewal of Guarantee

As applicable for issuance of guarantees.
If renewal is effected before expiry date of original guarantee and if commission was earlier charged for claim period, no commission for claim period.

S

C

Guarantees fully secured by deposits

25% of regular commission as above

S

D

Refund of BG Commission

Incase of return of BG before maturity date and consequent request for the borrower to refund the commission for the un expired period; Branch shall refund commission at half the rate originally charged but for the expired period plus 3 months. This is applicable when original guarantee is received by branch.

S

12

Inland Letter of Credit

A

Issue charges

Rs 250 per LC

S

B

Usance Charges

Unified Charges (Usance + Commitment) :-
0.25 % per month or part thereof

S

C

Commitment charges for the period from date of issue to last date of negotiation mentioned in LC

Discontinued (Included in unified charges)

S

D

When the amount of credit under LC is increased

Min Rs. 500/- along with Unified Charges on enhanced amount.

S

E

Extension of Validity

Rs 1000/- + Unified charges for extended period

S

F

Amendment charges (other than increase in LC amount and validity)

Rs 500/-

S

G

Reinstatement Charges in case of Revolving LC

Unified charges on amount reinstated per quarter;
Min Rs 500/- p.q.

S

H

LC advising Charges

Rs 2000/- flat

S

I

Confirmation of inland LC

As applicable to LC opening Charges

S

13

Negotiation Charges

A

Bills up to 2.50 lacs

0.40%- Min Rs 500/-

S

B

above Rs 2.50 lacs to Rs 10 lacs

Rs 1500/- flat + out of pocket expenses

S

C

Above Rs 10 lacs upto Rs 100 lacs

Rs 2500/-flat + out of pocket expenses

S

D

Above Rs 100 lacs

Rs 3500/- flat + out of pocket expenses

S

E

out of pocket expenses

Actual basis

M

14

Documentation Charges

A

Govt Sponsored scheme

NIL

S

B

Crop Loan/MKCC

Upto Rs 3 lakhs: Nil
Above Rs 3 lakhs:@ 0.25%
Minimum charges: Rs 750/-
Maximum charges: Rs 25000/-

S

C

RETAIL LOANS:

Housing Loan : 0. 10 % of Loan (Max 10000/-)

Maha Bank Top up Loan: 0. 10 % of Loan (Max 10000/-)

Maha Super Car Loan : 0.20 % of Loan amount

Maha Bank Vehicle Loan (2 w) : 0.20 % of Loan amount

Loan against Self-occupied  Property  : 0.10 % of Loan amount

Model Education Loan Scheme : 0.20 % of Loan amount

Mahascholar Education loan Scheme:0.20 % of Loan amount

Aadhar Loan Scheme for Pensioners: 0.20 % of Loan amount

Consumer Loan Scheme : 0.20 % of Loan amount
Personal Loan : 0.20 % of Loan amount
Salary Gain Scheme :0.20 % of Loan amount
Maha Bank Gold Loan : 0.20 % of Loan amount

S

D

All Other loans

Up to Rs 25000:- NIL
Above Rs 25000:- 0.25% (Max Rs.100000/-).

S

15

Giving copies of loan documents

A

First Time

NIL

M

B

up to Rs 2.00 lacs

Actual cost of photocopies + Rs 100/-

M

C

Above Rs 2 lacs

Actual cost of photocopies + Rs 200/-

M

16

Earmarking of Limits

A

upto rs 1 cr

Rs 1500 per occasion

M

B

above Rs 1 cr

Rs 5000 per occasion

M

17

Mortgage Charges

A

Mortgage Creation Charges (excluding retail loans)

Per borrowing entity with FB+NFB limits

Below Rs 1.00 Crore –   Rs 5,000/-

Above Rs 1.00 crore to  Rs 10 Crore –

Rs.100 per lakh max Rs 15,000/- 

Above Rs 10 Crore –

Rs.100 per lakh min Rs.10000 and max Rs.35000/-

The charge specified is applicable per instance irrespective of the number of title deeds. The charges are applicable for extension of mortgage for enhancement and for substitution of title deeds also. The charge is applicable for extension of equitable mortgage recorded in favour of other lenders also                           

M

B

ROC FILING CHARGES

Rs. 1500/- per occasion

M

18

Agencies

A

CERSAI Charges

For creation and any subsequent modification of each movable/ immovable/ intangible secured asset for loan
up to Rs. 5.00 Lac: Rs. 250/- per asset id
Abv   Rs 5.00 Lac: Rs 500/- per asset id

Search of each security with CERSAI: Rs 50/- per instance

Charge related to the attachment order passed by a court or other authority under section (5) of section 26 B to CERSAI, which involves debit to NPA account.
To be paid by debiting P/L Law charges: Rs 250/- and to be recovered from borrower at the time of closure / satisfaction of Loan.

M

B

NeSL

Actuals

M

C

Credit Information Company (CIC) Report Charges

Individual (CIBIL and CRIF):
Rs 100/- per instance/report
Non Individual (CIBIL):
Rs  1000/- for corporates and Rs 500/- for MSME Scoring

S

D

Trust and Retention Account (TRA) agency fees

Rs 5.00 lacs Flat p.a.

M

19

Project Appraisal Fee

A

Project Term Loans only
(Above Rs. 10 Cr)

0.20% (max 5 lacs)
To be recovered in addition to Upfront fee in case the appraisal note is shared with other lenders in Consortium /MBA lending.

M

20

Penal Interest

A

Maintaining CA with other Bank while facility is granted under Sole Banking

1% additional levy over existing Rate of Interest
(only where specific permission is not obtained)

M

21

Closure of Loan

A

Foreclosure Charges for CC

2% of sanctioned limit; applicable only in case of takeover to other FI

S

B

Incidental Charges at the time of closure of any loan/CC account(other than LAD, Govt. Sponsored Schemes and Staff Loans)

Rs. 150/-

S

C

PREPAYMENT CHARGES

For Term Loan:

2% of pre-paid amount, if the prepaid amount is more than 25% of the sanctioned limit.

NIL for Retail Loans.

S

22

NOC Charges 

A

Issue of NOC for ceding any type of charge

Up to Rs 5 crores: NIL
 

Above Rs 5 crores to Rs 10 crores –

Rs.60000/-

Above Rs 10 crores –

Rs.120000/-

M

NOC Charges in respect of exposures of Rs. 1 crore & above or any other miscellaneous request,

1. Modification in limits / sanction terms - per  occasion (Including Sanction of new line of credit by earmarking existing
limit)

2. Revalidation of limits
3. Sanction/Roll over of FCL
4. Issue of Comfort Letter for Buyers Credit
5.Interest concession
6. Reduction in commission/other service charges.
7. Reduction in Margin/collateral coverage
8.Waiver of personal/corporate guarantee
9.Waiver of any other sanction

Stipulation.
10. Issuance of NOC
11.Extension of COD

Upto Rs 10 crores : Rs 1 Lakh

Above Rs 10 crores upto Rs 50 crores –

Rs.3,00,000/-
 

Above Rs 50 crores –

Rs.5 Lakh

M

23

SYNDICATION CHARGES

A

0.60 % negotiable for higher rate on case to case basis   *

In case of AAA rated accounts /PSUs: 10% of the card rate is applicable

TRA (for release of term loans):0.065% with maximum of Rs.3.25 lakhs.

M

24

EMI default charges

A

Rs. 200/- per occasion of non-servicing of EMI on due date.

S

25

Cheque return charges in Loan accounts

A

At the rate of applicable cheque return charges.

S

SECTION

SEGMENT

Important notes:

1. The schedule stipulates charges for transaction amount in terms of USD. For other currencies the amount would be equivalent to the USD.

2. In lieu of exchange margin would be applicable to the transactions where Bank does not earn exchange margin, but the transaction is CY to FCY i.e. by debit to EEFC, RFC, FCA etc. unless otherwise specifically exempted. All taxes like GST,Service Tax, Swachch Bharat Cess, Foreign Exchange transaction tax to be recovered separately.

A.1

Rupee post shipment advance:

Negotiation/purchase/ discounting of export Bills – Bill amount ( both Sight or usance bills)

Up to USD 10,000 : Rs. 750/-

S

Above USD 10,000: Rs. 1100/-

S

A.2

Foreign currency post shipment advance:

Discounting of Export Bills (EBD)

(both Sight or usance bills)

To be calculated and recovered in equivalent in Indian rupees.

Up to USD 5,00,000: USD 25

Above USD 5,00,000: USD 50

Where proceeds are sent in foreign currency to other bank Additional commission In lieu of exchange would be recovered.

S

S

M

NOTE: In case, export bill which has been sent on collection basis and the Bank has recovered applicable commission, the charges specified above would not be recovered again for granting any post-shipment advance i.e. bill negotiated, purchased or discounted.    

A.3

Rupee advance against export bill

Will be treated as bill on collection and charges for collection of bill will be recovered.

S

A.4

Processing charges for rupee export bills

0.20% per bill

Minimum Rs. 750/-, Maximum : Rs. 25000/-

M

A.5

For forwarding export documents to other Bank in India for collection, discounting or negotiation

Rs.1100/- per document

M

A.6

Overdue Bill purchased/ discounted or negotiated where proceeds are not received in our Nostro accounts within 30 days from the due date

Rs.500/- per bill per quarter (Maximum Rs. 2000/-)

M

A.7

Reimbursement charges under letter of credit- when reimbursement is claimed by AD bank in India from our Bank

Rs. 750/- per reimbursement

M

A.8

Pre-shipment credit in Foreign currency:

Upto USD 5,00,000 -  USD 25

Above USD 5,00,000 - USD 50

M

M

A.9

Export Bills on collection:
a. Export bills sent on collection to the
overseas bank.

b. Export Bills sent by the exporter
directly to the buyer with permission
from bank.
c. Export bill sent on consignment basis
d. Export bills sent on collection and
rupee advances have been granted by
the Bank.

Upto USD 10,000 – Rs. 1000/-
Above USD 10000  – Rs.2000/-

(Additionally Rs.100 per shipping bill to be charged if the more than one shipping bill is submitted under a single export bill.)

S

A.10

Export bill handled by Bank where payment is received in advance

Upto USD 10,000 – Rs. 1000/-
Above USD 10000  – Rs.2000/-

(Additionally Rs.100 per shipping bill to be charged if the more than one shipping bill is submitted under a single export bill.)

S

M

A.11

Bills in Indian rupees sent for collection

0.20% per bill (Min: Rs 750/-,

Max: Rs. 25,000/-)

M

A.12

Overdue export bills sent for collection where payment of the bill has not been received in stipulated time.

Rs. 500/- per quarter

Maximum Rs. 2000 per bill

M

A. 13

Purchased/discounted or negotiated Export bill
converted into collection

REMOVED

M

A.14

Where proceeds of foreign currency export bills received in Indian rupees

0.13%

(Minimum Rs. 550/-, Maximum Rs. 10,000/-)

Plus commission in lieu of exchange.

S

A.15

Deemed Export Bills

0.15%  (Min Rs. 600/-, Max: Rs.40,000/- per bill)

M

A.16

Export L/C advising

Including courier charges

To our client: Rs. 700/-

To Non customers: Rs.1500/-

S

M

A.17

Advising Amendment to Export LC

Including courier charges

To our client: Rs. 500/-

To Non customers: Rs.750/-

S

M

A.18

Advising LC to our customer as a second advising bank which has been received via SWIFT by another bank.

Rs. 500/- per Advice

M

A.19

ADDING CONFIRMATION TO EXPORT LCs:

To be done only with the approval of TIBD

Charges are Commitment plus Usance

Charges as applicable to opening of Import LC

S

A.20

For each advice for transfer of a Export letter of credit. Transfer charges are in addition to the LC amendment advising charges.

Rs. 1000/- per transfer

S

A.21

Credit of export proceeds to EEFC Accounts

NIL

S

A.22

Approval for extension of due date for realization of export bill by Bank/RBI

Rs. 1000/- Per Bill, Per Extension

S

A.23

Late submission of export documents (after 21 days from the date of shipment as per RBI Guidelines

Rs. 250/- per month or part thereof,  per bill

S

Certificates related to Export Transactions

A.24

Issuance of BRC/e-BRC

NIL

S

A.25

Attestation in respect of export transaction – invoice etc.

Rs. 200/-

M

A.26

Other certificates related to exports like GR waiver etc. on Bank’s letter head

Rs. 200/-

M

A.27

COMMISSION IN LIEU OF EXCHANGE:
Commission in lieu of exchange applicable for
all transactions where Bank does not earn
exchange margin

COMMISSION IN LIEU OF EXCHANGE: @ 0.15%
Min. Rs 1000 and Max Rs 30000
Commission in lieu of exchange is applicable for following:

I. Where pre-shipment advance has been granted by a branch against a letter of credit/export order but the bills are negotiated through another Bank.


II. Where an export bill is sent for collection abroad by a branch but the payment is received in rupees through another Authorised Dealer in India.

III. Where PCFC loan is utilized
for payment of import bills or credited to DDA

S

A.28

Processing the request for write off of export bills

In case of Self Write-off – Rs. 1000.00/- per bill

In case of Write-off approved by AD Bank –

Rs. 1500.00/- per bill

In case of Write-off approved by RBI –

Rs. 4,000.00/- per bill

S

B.1

Opening of Import letter of Credit including Standby LC wherever permissible Commitment charges + usance charges

S

Commitment charges

(For full validity of LC i.e. from the date of opening to the date of expiry of LC)

0.15% per completed quarter (minimum one quarter) plus 0.075% per month thereafter. A part of the month would be treated as full month. Minimum Rs. 600/-

USANCE CHARGES

Sight LC

0.15% flat min Rs. 600/-

S

Usance LCs upto 3 months

0.30% minimum Rs.700/-

S

Usance above 3 months

0.30% for first 3 months plus 0.10% p.m. or part thereof

S

Applicable Rates for high Value LC based on value of each LC

Upto USD 5,00,000

Normal Rates

S

Above USD 5,00,000 upto USD 1,000,000

80% of normal rates

S

Above 1,000,000 to USD 5,000,000

60% of normal rates

S

Above USD 5,000,000

50% of normal Rates

S

B.2

LCs opened / confirmed against 100% deposit:  Volume discount would be additionally available to these LCs

50% of the applicable rate

S

B.3

Amendment to LC involving extension of validity, change of tenor from sight to usance or enhancement of LC value for which charges are recovered

Rs. 600/-

S

B.4

Amendment to LC involving extension of validity, change of tenor from sight to usance or enhancement of LC value for which charges are  not recovered

Rs. 600/-

Plus charges as per B.1 above minimum Rs.500/-

S

B.5

Amendment other than extension of validity or enhancement in value which does not affect Bank’s liability in terms of period or value

Rs. 600/-

S

B.6

Receipt of discrepant documents under LC

USD 50

M

B.7

Revival of LC within 3 months from the expiry date

Charges as per B.1 (at par with fresh LC)

M

B.8

Commission on import Bill under Letter of Credit (FABP)

Import bills received under LC denominated in
foreign currency – at the time of retirement or
crystallization whichever is earlier.

0.125%
Minimum Rs. 1000/-
Maximum Rs. 25000/-

S

Import Bill received under LC denominated in
Indian rupees or import bill where no
exchange commission is earned– at the time
of retirement or crystallization whichever is
earlier

0.25%
Minimum Rs.1000/-
Maximum Rs. 25000/-

M

Import bill where payment is made by debit to
EEFC account or buyer’s credit amount is
received from other bank.

0.25%
Minimum Rs.1000/-,
Maximum Rs. 25000/-

S

Import bill under LC crystallized due to non-payment
by the importer on due date (both sight and Usance)

Applicable commission as above plus
Additional commission of 0.10% minimum
Rs.250/-

M

B.9

Commission on Import bills received under collection

Import bills denominated in foreign currency
where banks earns exchange margin

0.15% of the bill amount.

Minimum of Rs. 1000.00
Maximum of Rs. 25000.00

S

Import bill denominated in foreign currency on
which no exchange is earned i.e. by debit to
EEFC or buyer’s credit received from other
banks

0.25%
Min. Rs. 1500
Max. Rs. 25,000

S

Import documents received directly by
importer and submitted to bank for payment
where banks earn exchange margin

0.15% of the bill amount.

Minimum of Rs. 1000.00
Maximum of Rs. 25000.00

S

Import documents received directly by
importer and submitted to bank for payment
where banks do not earn exchange margin

0.25%
Min. Rs. 1500
Max. Rs. 25,000

S

B.10

ADVANCE PAYMENT AGAINST IMPORT

Advance payment against import
Where bank earn exchange margin

0.15% of the bill amount.

Minimum of Rs. 1000.00
Maximum of Rs. 25000.00

S

Advance payment against import
Where by debit to EEFC account or where
bank do not earn exchange margin

0.25%
Min. Rs. 1500
Max. Rs. 25,000

S

B.11

Forwarding Non LC import bill to other bank for payment.

Rs. 1000/- per bill

M

B.12

CERTIFICATES RELATING TO IMPORT

Attestation of Invoice

Rs 50/-

M

Issuance of Delivery order to Airline company for delivery of goods pending receipt of import documents

Rs. 1000/-

M

B.13

Return of import Bill  on collection as per the instructions of remitting Bank

USD 60 plus courier charges

M

B.14

Charges for noting and protesting

USD 200 plus out of pocket expenses

M

B.15

REVOLVING LETTER OF CREDIT established in terms of RBI guidelines.

Commitment charges

a.    on maximum amount of drawing  permitted at any time from the date of establishment of LC to the date of expiry

b.    on each amount reinstated from the date of reinstatement to the date of subsequent reinstatement or the validity of the LC.

As applicable to import LC

M

Usance charges

As applicable to import LC

M

Extension, amendment etc. and all other issues related to LC

As applicable to import LC

M

B.16

BUYER’S CREDIT : PROCESSING CHARGES

Buyers credit where credit is arranged by importer

Rs. 1000/- per  application

M

Where quote is arranged by bank

Rs. 5000/- per  application

S

B.17

Deferred payment LC

LC covering import of goods on deferred payment terms involving payments beyond a period of 6 months from the date of shipment in installments over a period of time as per RBI guidelines under FEMA.

0.45% per quarter or part thereof on the amount of liability at the beginning of every quarter.

M

Amendment to Deferred payment LCs

Shall be the same as for normal letter of credit specified under: Table. B

M

DEFERRED PAYMENT LC:      

1. Commission for entire period should be recovered up-front. Prior permission of credit sanctioning authority to be obtained for recovery of commission in instalments.         

2. For upfront recovery TT selling rate prevailing on the date of issuance of LC shall be applied which will prevail till expiry.          

For instalment recovery – TT selling rate prevailing on the date of recovery of instalment shall be applied.

B.18

FCDL

Upto USD 5,00,000:  Rs 10,000/-

Above USD 5,00,000:  Rs 15,000/-

+ Commission in lieu of exchange where no exchange margin is earned

M

B.19

Follow up for submission of BOE

1. Advance remittance for Import - Rs. 1000.00 if the BOE is not submitted within 180 days from the date of last remittance.

2. Payment against Import Bill- Rs.1000 per bill of entry if not submitted within 90 days from the date of remittance.

M

C.1

Payment received by SWIFT

MT103/MT202 or any other instrument where Bank’s Nostro account is credited before passing on credit to customers. Non trade transaction.

(Flat charges per remittance)

Up to USD 500: Rs. 100/-

Above USD 500: Rs. 250/-

S

S

C.2

Purchase of foreign currency instruments payable abroad – like personal cheques, demand drafts, IMOs or pay orders (FOBP).

1: Commission @0.25% (min Rs. 100/- max Rs.200/-)

2. Interest @ BPLR or Base Rate + 4% (whichever is higher) for 15 days.

3. Interest @ BPLR + 2% or Base Rate + 6% (whichever is higher) for overdue period beyond 15 days till recovery if instrument is returned unpaid.

S

S

S

C.3

Where inward remittance is to be paid/executed in foreign currency by way of issuing SWIFT or FDD etc.

0.10% Min. Rs. 250/-

Maximum Rs. 5000/-  Plus swift/FDD charges

M

C.4

 COLLECTION OF FOREIGN CURRENCY CHEQUES/OTHER INSTRUMENTS PAYABLE ABROAD

Collection of instruments payable abroad

0.25% Minimum Rs. 100/-,  Maximum Rs, 10,000/-

S

Collection of instruments payable abroad under guaranteed settlement

0.25% Minimum Rs. 100/-, Maximum Rs, 10,000/-

Plus charges communicated by TIBD from time to time as they may vary for each Bank.

S

M

Collection of foreign currency instruments payable in India

0.25% Minimum Rs. 100/-, Maximum Rs, 10,000/-

Plus Courier charges Rs. 100/-

S

C.5

TRAVELLERS CHEQUES, CURRENCY NOTES ENCASHMENT

Travellers cheques, Currency notes encashed from Tourists and deposited in account by customers

At CN/TC Buying rate

No commission to be charged.

M

Currency notes received as export proceeds

0.25% towards commission and commission in lieu exchange margin

M

Travellers cheques deposited towards export proceeds

0.25% Minimum Rs. 100/-, Maximum Rs, 10,000/-.

No separate commission for export bill in this case in lieu of exchange.

M

All other inward remittances where exchange is earned

0.25% Minimum Rs. 100/-, Maximum Rs, 10,000/-.

M

All other inward remittances where exchange is not earned

0.25% Minimum Rs. 100/-, Maximum Rs, 10,000/-.

Plus commission on account of in lieu of exchange.

M

C.6

FIRC/ENCASHMENT CERTIFICATE

Issue of FIRC/Encashment certificate on security paper

Rs. 250/- per certificate

M

Issue of FIRC/Encashment certificate on Bank’s letter head

Rs. 200/- per certificate

M

Issuance of Duplicate FIRC

Rs. 1500/- per duplicate FIRC

M

C.7

CHEQUES RETURNED UNPAID

Upto USD 10,000

Rs. 200/-

S

Above USD 10,000 to USD 50,000

Rs. 1000/-

S

Above USD 50,000

Rs. 10,000/-

S

Note: Before accepting cheque for USD 1, 00,000 and above for collection B-Category branches should contact TIBD by sending a copy of cheque on fax or email. High value cheque is normally not used in international payment and therefore poses increased risk to the Bank.

C.8

Payment received by SWIFT

MT103/ MT202 or any other instrument where Bank’s Nostro account is credited before passing on credit to customers. Trade transaction.

(Flat charges per remittance)

Rs 300/-

S

D.1

Remittance by MT103 (Including swift charges)

(For non-trade Transactions only)

0.10%

Min- Rs 100/-, Max- Rs 2000/-

S

D.2

Remittance by MT103

(For commercial transactions)

0.10% (Min- Rs 500/-, Max- Rs 2000-)

Plus:

Swift charges as given in Section J

S

D.3

Issuance of FDD

For non-trade  Transactions

Upto USD 5000 - Rs. 250/-

Above USD 5000 - Rs. 500/-

S

D.4

Issuance of FDD (Including SWIFT Charges)

 (For commercial transactions)

Upto USD 5000 - Rs. 500/-

Above USD 5000 - Rs. 700/-

S

D.5

Remittance of FCNR  proceeds abroad or to any other Bank in India in foreign currency

No charges. No out of pocket expenses

M

D.6

Issue of duplicate FDD

(Try to cancel the old one and issue fresh one instead of duplicate FDD unless customer insists for duplicate FDD)

Rs. 1500/-

Plus swift charges for sending advice

M

D.7

Sale of foreign currency Travellers where Bank earns exchange margin.

0.50% (min Rs. 100/-)

On INR equivalent

M

D.8

Commission on TCs issued against deposit of Foreign Currency notes at the request of customer.

1% of equivalent rupee amount

Minimum Rs Rs.300/-

M

D.9

Issuance of TC by debit to EEFC/RFC/FCA  Account of the customer

1% of equivalent rupee amount

Minimum Rs.300/-

M

D.10

Clean outward remittances on account of IOC, HPCL, Shipping Corporation, ONGC, Railways or other PSUs/Govt Departments where Bank has to bid exchange rate

No charges

M

PARA

PARTICULARS

CHARGES (EXCL. GST) W.E.F. 01.05.2022

S/M

E.1

Guarantees issued in favour of Local parties against counter guarantees of foreign Banks in foreign currency subject to prior approval from IBD

1. For Banks to whom no specific approval is given: 0.25% p.m. or part thereof for the stipulated period of guarantee.

Minimum amount USD 50/-

 2:  For our major Nostro account Banks:

 As per approval of Credit Approval committee.

S

M

E.2

For joining customer guarantee and giving guarantee on behalf of customers in respect of discrepant documents.

0.25% of amount

Minimum Rs. 1000/-

M

E.3

Guarantees issued in favour of shipping company in lieu of Bill of Lading

Rs. 1000/- per quarter for first quarter and Rs. 1500/ per quarter or part thereof.

S

E.4

Guarantees issued in favour of Local parties against counter guarantees of foreign Banks in Indian in rupees.

1. For Banks to whom no specific approval is given: 0.20% p.m. or part thereof for the stipulated period of guarantee.

Minimum amount USD 50/-

2:  For our major Nostro account Bank as per approval of Credit Approval committee.

M

M

E.5

Letter of comfort/guarantee for availing Buyer’s credit

For letter of comfort issued against 100% margin/deposit, the applicable rate would be 50% of the above rate.

0.50% per quarter

or part thereof for the actual tenor

 (Minimum Rs. 500)

M

E.6

All other guarantees such as Bid Bond, performance, advance payment relating to export transactions (other than project exports) and those not specified else where

0.20% per month or part thereof for the actual tenor

Minimum Rs 500

M

E.7

Deferred payment guarantee covering import of goods into India.

As applicable to deferred payment LC given at Table.B (B.17)

M

E.8

Availization –co-acceptance of Bill of Exchange:

Counter signing the Bill of Exchange drawn on the importer/co-acceptance of draft.

0.15% per month

Minimum Rs. 500/- or part thereof.

M

F.1

PROJECT EXPORTS 

Processing of project proposal

Up to USD 50 million: Rs. 10,000/-

USD 50 million to USD 100 million: Rs. 25,000/-

Above  USD 100 million: Rs. 25000/-

+ Rs. 300 per million. (Maximum Rs. 50,000/-)

M

F.2

Project Exports: Bid bond, bond for earnest money, guarantee for advance payment by foreign buyer to India exporter

a. In the case of guarantee covered by ECGC

0.55% p.a.  plus applicable ECGC premium

M

b. In case guarantee issued against 100% counter guarantee of Government of India

0.35 % p.a. (Minimum Rs. 1000/-)

M

c. Against 100% cash/deposit margin

0.25% p.a. (Minimum Rs. 1000/-)

M

d. In case of guarantee related to project export other than above

1.10% p.a. (Minimum Rs. 1000/-)

M

F.3

PROJECT IMPORTS:

Imports documents on collection basis covering project imports under international government aid schemes (including those financed by international agencies like World Bank, IMF, ADB etc)

0.10%

Minimum Rs. 500

Maximum Rs. 2500

M

PARA

PARTICULARS

CHARGES (EXCL. GST) W.E.F. 01.05.2022

G.1

Import leg transaction

As applicable to Import transaction given in Table-B

G.2

Export Leg transaction

As applicable to Export Transaction given in Table-A

PARA

PARTICULARS

CHARGES (EXCL. GST) W.E.F. 01.05.2022

S/M

H.1

Booking of sale and purchase forward contracts

Rs. 650/-

S

H.2

Cancellation of forward contract

Rs. 500/- + swap cost

S

H.3

Early delivery

Rs. 600/- + swap cost wherever applicable

M

H.4

Extension/Roll over subject to RBI guidelines.

(Contract cancellation and booking should be done at the same time subject to change in underlying. It should not be treated as booking and cancellation).

Rs.800/- + swap cost wherever applicable. (for both the legs taken together)

M

PARA

PARTICULARS

CHARGES (EXCL. GST) W.E.F. 01.05.2022

S/M

I.1

Processing of ODI (JV/WOS) proposals(UIN Processing Fee)

Rs. 10,000/- per proposal. For allotment of UIN

(apart from normal charges of outward remittance)

M

I.2

Subsequent remittances under ODI (after allotment of UIN)

Rs. 1,000/- per Remittance

(apart from normal charges of outward remittance)

M

I.3

Annual APR Submission of ODI (JV/WOS)

Rs. 1,000.00 Per APR/Per Year

M

I.4

Late Submission of APR

Rs. 500.00 as Late Fee

(apart from normal charge of APR above)

M

I.5

Reporting of Disinvestment of JV/WOS

Rs. 2,000.00 per UIN

M

I.6

Transfer of Existing UIN To/From another Bank

Rs. 2,000.00 Per UIN

M

I.7

Processing of FDI Proposal

Rs. 2,500.00 per UIN

M

I.8

Reporting of FCGPR

Rs. 2,500.00 per UIN

M

I.9

Reporting of FCTRS

Rs. 2,500.00 per UIN

M

I.10

Late submission of FCGPR

Rs. 2,000.00  (apart from normal charge as above)

M

I.11

Processing of ECB proposals (Other than Trade Credit)

Rs. 10,000/- per proposal.

(for allotment of LRN)

M

I.12

ECB monthly reporting to RBI

Rs. 1,000.00 per LRN/ per month

M

I.13

Transfer of existing LRN to/from another Bank

Rs. 2000.00 per transfer

M

J.a

MT 103 For Individual Remitter

  Included in the commission

S

J.b

MT 103 For Non-Individual

Rs 300/-

S

J.c

MT 202 For Import Payment

Rs 300/-

S

J.d

MT 700 - LC Issuance

RS 1000/-

S

J.e

MT 707- LC Amendment

Rs 300/-

S

J.f

MT760-Issuance of Guarantee

Rs 1000/-

S

J.g

MT 767-Amendment to guarantee

Rs 500/-

S

J.h

MT-769 /792 Other SWIFT messages related to guarantee

Rs 300/-

M

J.i

MT-420 Tracer for bills negotiated/ discounted/purchased

Rs 300/-

S

J.j

MT-420 Tracer for collection of Export Bills

Rs 200/-

S

J.k

MT-412/416 Acceptance of documents

Rs 250/-

S

J.l

Conveying rejection of documents under LC

Rs 300/-

S

COURIER CHARGES

J-A

For Sending documents in one set

Rs 1500/-

S

J-B

For Sending documents in two sets

Rs 2500/-

M

J-C

For Sending supplementary documents at the request of the exporter

Rs 1500/-

M

J-D

For Return of Import documents at the request of remitting bank

USD 50/-

M

PARA

PARTICULARS

CHARGES (EXCL. GST) W.E.F. 01.05.2022

S/M

K

Any request forwarded to RBI for Approval/Ratification

Approval: Rs 2000/- per proposal Ratification: Rs 4,000/- per proposal

M

As per the policy on international banking, various authorities have been given powers to consider concession in service charges.

These delegations are incorporated here proposing certain revision for considering concession

*Criteria: Criteria for concession based on Annual Turnover of the customer during a FY (to be routed through BOM, both Import & Export business taken together)

Authority

Concession

*Criteria

Concession

Zonal Heads

Both for customers with credit exposure up to their delegated powers and non-customers based on volume of Foreign Exchange Business

Above Rs. 5 Cr to 10 Cr

Concession up to 10%

Above Rs. 10 Cr to 25 Cr

Concession up to 25%

Above Rs. 25 Cr to 50 Cr

Concession up to 35%

Above Rs. 50 Cr

Concession up to 50%

General Manager, (In charge Treasury)

For Customers not having any Credit Exposure (Business on Collection Basis only)  based on volume of Foreign Exchange Business

Above Rs. 50.00 Crore and Up to Rs. 100.00 Crores

Flat Rs. 1200.00 + out of pocket expenses

(Per Export Bill and all Non-LC Trade transaction for Import)

Above Rs. 100.00 Crore and Up to Rs. 200 Crore

Flat Rs. 800.00 + out of pocket expenses

(Per Export Bill and all Non-LC Trade transaction for Import)

Above Rs. 200.00 Crores

Flat Rs. 500.00 + out of pocket expenses

(Per Export Bill and all Non-LC Trade transaction for Import)

General Manager of Respective Department 

For customers with credit exposure based on volume of Foreign Exchange Business

Above Rs. 50.00 Crore and Up to Rs. 100.00 Crores

Flat Rs. 1200.00 + out of pocket expenses

(Per Export Bill and all Non-LC Trade transaction for Import)

Above Rs. 100.00 Crore and Up to Rs. 200 Crore

Flat Rs. 800.00 + out of pocket expenses

(Per Export Bill and all Non-LC Trade transaction for Import)

Above Rs. 200.00 Crores

Flat Rs. 500.00 + out of pocket expenses

(Per Export Bill and all Non-LC Trade transaction for Import)

Executive Director And CEO & Managing Director

Full powers

Branch Head shall forward the request of concession to appropriate authority with proper justification for availing above concessions through respective Zonal Office.

In metro and big cities a lot of forex transactions are handled on collection basis. This is volume business and these companies shop for flat rate per transaction instead of percentage basis. Based on the competitive quotes this business is routed through the Banks. This business is normally over and above committed in consortium and is commission rate sensitive. It is therefore proposed to follow following structure for these collection basis with strict monitoring on quarterly basis:

Committed volume per quarter

Flat Rate per bill irrespective of Amt

Sanctioning authority

No. of Bills above 200 and

Rs. 500 + Swift charges Rs.300

Zonal Heads in Scale-V & VI

Upto 500 bills (both export and import taken together)

Rs. 300 + Swift charges Rs. 300

Zonal Heads in Scale-VI Guardian Executive, General Manager (Credit),  General Manager (Priority)

Full Powers

ED/ MD&CEO

No. of Bills above 500 and (both export and import taken together)

Rs. 300 + Swift charges Rs.200

Zonal Heads in Scale-V & VI

Rs. 200 + Swift charges Rs.200

Guardian Executive,          General Manager (Credit), General Manager (Priority)

Full Powers

ED/  MD&CEO

The above delegation would be used only with an intention to increase the volume and commission. The regular business committed under consortium would not be considered for the above. This would be adhoc sanction for the additional business. Review of the committed volume would be taken at each quarter, in case there is short fall of more than 10%, the commission would be worked out at 1.5 times of the approved rate and the difference would be recovered. This schedule would be used only for generating additional income subject to strict monitoring. All these sanctions would be sent to TIBD who would conduct quarterly review and submit the note to the concession sanctioning authority for review.

  1

CREDIT CARD CHARGES

A

Cash Advance Charges / ATM Cash Withdrawal (Financial)

Rs.100- Min. or 2.5% of amount whichever is higher

S

B

EMI Conversion Processing Fee

Rs.100/- Minimum
or 2% of the Conversion
Amount & Max. Rs.1500/-

S

C

Late Payment Charges

Statement
Bill Amount          Charges
Upto
Rs. 500.00             NIL
501 to 5000           500.00
5001 to 10000       600.00
10001 & Abv         750.00

S

D

Card Replacement

Rs.250/-

S

E

Card Cancellation Fee

NIL

F

Card Reissuance

Rs.250/-

S

G

Joining Fee

NIL

H

Addon Card Fee

NIL

I

Annual Fee

Rs.500.00

S

J

(Staff/ Staff Pensioners) Annual Fee / Joining Fee

Exempted from Annual Fee

S

K

Annual Fee on Primary Card

Free for 1st Year
Rs.500.00 from 2nd Year Onwards per annum (waived after min. Rs.30,000- purchase expenses per annum)

S

L

Annual Fee on Add on Card

NIL

S

M

Minimum Spend on Previous Year for waiver of Annual Fee

Rs.30,000/- spends in previous year

N

ATM Balance Enquiry/ Non-Financial Transactions

NIL

S

O

Finance Charges / Interest on Cash Advance

2.5% of the amount whiever is higher on amount of Cash Withdrawal from the date of transaction to bill date plus applicable GST

S

P

Interest / Finance Charges on EMI Conversion Amount

1.25 % p.m.
or 15% p.a.

S

Q

Foreign Currency Markup Cahrges

3.5%
of the amount of FOREX converted to INR

S

R

Finance Charges /
Service Charges/
Interest on revolving
Credit Faciltiy

2.5% Per Month
30% Per Annum
from the date of purchase transaction

S

S

Overlimit Fee

Over-limit fee of 2.5% of the overlimit amount or minimum Rs.500/- whichever is higher

S

T

Hot listing charges

NIL

S

U

Duplicate e-Statement Charges

NIL

S

V

Charge Slip retrieval Fee

Rs.225/-

S

W

Statement Retrieval Fee
 (Physical Copy)

Rs.100/- Per Statement more than two months old

S

X

Card Unblocking /
Card De hot listing/
Card Reactivation Fee

Rs.300/-

S

Y

Fuel Surcharge Waiver

For Petrol 1% of transaction value
(Excluding all applicable taxes wherever applicable) transaction between
Rs.500/- to Rs. 4,000/-, Maximum Rs.200/- per month

S

Deposit

Cost to Bank or income foregone p.a. due to allowing concession

Sanctioning Authority

Less than Rs 1 Lakh

GM-Resource Planning

Rs 1 Lakh to less than Rs 5 Lakh

GM Committee

Rs 5 Lakh to less than Rs 25 Lakh

Executive Director

Rs 25 Lakh & above

MD & CEO

No branch/ Zone is authorized to sanction concession in any fees/ charges, in relation to deposits. GM, Resource Planning is the minimum authority.

Credit

Respective sanctioning authority of that particular advance.

No branch/ Zone is authorized to sanction concession in any fees/ charges, in relation to advances, even though sanctions are within their powers. Concerned GM is the minimum authority.

Concessions in Interest on MSME Advances as per security (collateral coverage) will be continued.