Non-Maintenance of Minimum Balance

SB – Operative

Note: 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 Yajna, Pension Schemes, and No Frills/ BSBDA accounts, Mahasarvajan Savings Bank accounts and other products where minimum balance

condition is not applicable.

S

Royal SB

Royal SB AQB: ₹1,00,000

Charges:3% of Shortfall of AQB

Subject to Maximum 2000 /- Per Quarter

S

Purple SB

AQB: ₹3,00,000

Charges:3% of Shortfall of AQB

Subject to Maximum 3500 /- Per Quarter

S

Global Edge Savings

AQB: Rs. 10,000/- in SPEND account.

Charges for Non-Maintenance of AQB of Rs. 10,000 (in SPEND account) – 5% of the shortfall, subject to

Minimum: Rs. 1 &

Maximum: Rs 500 per quarter

S

Mahabank Salary Saving Account

AQB :  Nil

Charges: Nil

S

Mahabank Supreme Payroll

AQB: Nil

Charges : Nil

S

GovPride Salary Savings

AQB: Nil

Charges: Nil

S

Mahabank Yuva

AQB: Nil

Charges: Nil

S

Pension Account

AQB: Nil

Charges: Nil

S

Capital Gain Saving Account

AQB: Nil

Charges: Nil

S

Govt. Bodies Saving Account

AQB: Nil

Charges: Nil

S

Govt. Bodies Flexi Saving Account

AQB: Nil

Charges: Nil

S

BSS -15 SB

AQB : Rs. 15000/-

Charges : Rs. 750/- per quarter

S

BSS – 25 SB

AQB : Rs. 25000/-

Charges : Rs. 1000/- per quarter

S

CA - Operative

(No diff. between Individual and Non-Individual)

Metro & Urban : AQB Rs. 10,000/-

Charges : Rs. 2000/- per quarter

Semi – Urban : AQB Rs. 5,000/-

Charges : Rs.1500/- per quarter

Rural : AQB Rs. 2,500/-

Charges : Rs. 550/- per quarter

S

Premium Current Account

lf any of the above Accounts fails to maintain the required Average Quarterly Balance (AQB) for two consecutive quarters, such account may be converted into other current Account (Ordinary Current Account which does not offer any free / concessional services) with due notice to account holder.

S

BoM Pro Biz Prime CA

AQB : Rs. 25,000/-

Charges : Rs. 1500/- per quarter

S

BoM Pro Biz Supreme CA

AQB : Rs. 50,000/-

Charges : Rs. 2000/- per quarter

S

Govt. Bodies CA

AQB: Nil

Charges: Nil

S

Govt. Bodies Flexi CA

AQB: Nil

Charges: Nil

S

Duplicate Passbook / Account Statement

SB

Initial or continued passbook: free.

Rs.100/- per duplicate Passbook with latest balance plus

Rs.75/- per group of 25 entries or part thereof  Max: Rs. 1000/-

Statement on Registered e- mail – Rs. 25/- per instance

Statement Printout – Rs. 5/- per page

Note: The auto generated (Maha E-statement) statement sent monthly weekly to the registered e-mail of the customers will not be chargeable.

S

M

CA / CC

First Statement: Free (One statement of account per month

Duplicate account statement: Rs.150/- per 25 entries or part thereof

M

TD

Rs. 175 per instance

S

Cheque Leaves

SB

20 free leaves P.A.
 

Rs.5.00 per additional leaf

(Rs 100/- for cheque book of 20 leaves)

S

Royal SB

100 free leaves p.a.

Rs.5.00 per additional leaf

(Rs 100/- for cheque book of 20 leaves)

S

Purple SB

200 free leaves p.a.

Rs.5.00 per additional leaf

(Rs 100/- for cheque book of 20 leaves)

S

BSS-15

40 free p.a.

Rs.5.00 per additional leaf

(Rs 100/- for cheque book of 20 leaves)

S

BSS-25

60 free p.a.

Rs.5.00 per additional leaf

(Rs 100/- for cheque book of 20 leaves)

S

Mahabank Salary Saving Account

40 free p.a.

Rs.5.00 per additional leaf

(Rs 100/- for cheque book of 20 leaves)

S

Mahabank Supreme Payroll

20 free leaves P.A.

Rs.5.00 per additional leaf

(Rs 100/- for cheque book of 20 leaves)

S

Govt. Pride Salary Saving Account

40 free

Rs.5.00 per additional leaf

(Rs 100/- for cheque book of 20 leaves)

S

CA / CC

Rs.5.00 per leaf
(Rs 250/- for cheque book of 50 leaves)

S

BOM Pro Biz Prime

Free 50 leaves p.a.

(Rs.5.00 per additional leaf, i.e. Rs 250/- for cheque book of 50 leaves)

S

BOM Pro Biz Supreme

Free 75 leaves p.a.

(Rs.5.00 per additional leaf, i.e. Rs 250/- for cheque book of 50 leaves)

S

Global Edge Savings Account

Free 50 leaves p.a.

(Rs.5.00 per additional leaf, i.e. Rs 250/- for cheque book of 50 leaves)

S

Loss of Chq Book

SB

NIL

S

CA / CC

NIL

S

Charges for issuance of loose cheque

For those account holders who hold chequebook with them (In addition to Normal chequebook issue charges)

Rs 20 per leaf

M

Cheque Return

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

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

Stop Payment

SB

Rs.200/- per cheque.
Max.Rs.1000/- per reference
(No Charges for Stop Transaction through Digital Channels)

S

CA / CC

Rs.300/- per cheque.
Max.Rs.2000/- per reference
(No Charges for Stop Transaction through Digital Channels)

S

Revocation of Stop Payment

Rs 50 for Savings,

Rs 100 for CA/OD/CC

(per ocassion)

M

Account Maintenance / Ledger Folio charges

SB

NIL

S

CA / CC

CA -

On the basis of Average Quarterly Balance (AQB) 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

Account Maintenance charges not applicable to BCAs & Govt. accounts.

S

CBS Transactions

Cash Deposit / Handling: SB Account

For SB Account:

Up to Rs 50000/-: Free

Rs 50001 and above:

Re.1/- per Rs. 1000/-

or

part thereof; subject to

min : Rs. 100/- per txn

max : Rs. 10000/- per txn

For Royal and Purple SB Accounts:

Up to Rs 1 Lakh: Free

Above Rs 1 Lakh:

Re.1/- per Rs. 1000/-

or

part thereof; subject to

min : Rs. 100/- per txn

max : Rs. 10000/- per txn

S

Cash Deposit / Handling: CA / OD / CC Account

For CA,OD,CC Account Holders:

Up To Rs. 1 lakhs/ day: Free

Rs. 1,00,001/- and above :

Re.1/- per Rs. 1000/-

or

part thereof; subject to

min : Rs. 100/- per txn

max : Rs. 15000/- per txn

For

Current Bronze Account: upto Rs. 1.50/ day Lakhs Free

Current Silver Account: upto Rs. 3 Lakhs/ day Free

Current Gold Account: upto Rs. 7 Lakhs/ day Free

Current Platinum Account: upto Rs. 10 lakhs/ day Free

Current Diamond Account: No Cash Handling Charges

Beyond free cash deposit limit following charges will be applicable:

Re.1/- per Rs. 1000/-

or

part thereof; subject to

min : Rs. 100/- per txn

max : Rs. 15000/- per txn

S

Terms & Condition of Cash Deposit / Handling Charges

1. For one 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 free limit allowed as per the account type as mentioned above.
2. Not Applicable to BSBDA, PMJDY A/c, and MKCC and Cash Recovery in NPA accounts.
3. No Upper Limit for debiting cash deposit charges for accounts of cash replenishment agencies/small and payments banks, any other depositor maintaining account for cash related activity or engaged primarily in cash related activities.

S

Cash Withdrawal: SB & CA

(At home and Non-Home branches)

For Non- BSBDA:

Upto 4 cash withdrawal per month, - Free

Exceeding 4 withdrawal entries: Rs 100/- per Withdrawal
 

Following transactions are excluded.

• Transactions through Alternate Delivery Channels (ATM, payment gateway, etc.) incl. ECS

For BSBDA:

Upto 4 cash withdrawal including cash withdrawal at Branch/ ATM/ BC per month - Free

Exceeding 4 free transactions through branch/ ATM/ BC: Rs. 20/- per transactions for each withdrawal/ debit transfer (Through Branch/ ATM/ BC) in a month.

All transactions through digital channels (IB/MB/UPI/POS) to be excluded while considering four debit transaction limit per month

S

Transfer of Funds
(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

Collection of cheques
(at Non-home branches)

Free

S

SMS Alert

For SB/CA/CC Account:

Domestic SMS:

30 Paise per SMS Plus GST

International SMS:

Rs. 1.50/- Per SMS Plus GST

Subject to maximum Rs. 15/- per Month for SB Accounts

Subject to maximum Rs. 25/- Per Month for Current/ CC Accounts.

Exemption:

1. BSBDA/FI/PMJDY A/c

2. Staff (Including Ex-Staff).

3. Pension A/c Holders.

Note: Only SMS sent in lieu of Customer Induced Transactions Credit/Debit will be charged. Promotional SMS sent to the customer will not be charged. UPI Transactions are excluded.

S

Reconstitution of Account

Verification of Signature

Rural/SU: Rs. 150/- per verification

Urban/Metro: Rs. 200/- per verification

M

Change of signatures

Rs. 150/- per occasion

M

Attestation of Photograph

Rural/SU: Rs. 150/- per occasion

Urban/Metro: Rs. 200/- per occasion

M

Addition/deletion of names in accounts

Rs. 200/- per occasion

M

Operational instructions (including lockers)

Rs. 200/- per occasion

M

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 alternate channels)

M

Change in address / mobile / email

NIL

M

Enquiry Related to old records

upto 6 months

Rs. 150/- per item

M

upto 1 year

Rs. 200/- per item

M

upto 2 years

Rs. 250/- per item

M

above 2 years

Rs. 250/- per item for first 2 years and
Rs. 100 for every additional year or part thereof.

M

OBC/IBC Cheques

Up To Rs.  10000/-

Rs 50/- per instrument

S

Above 10,000 to 1,00,000

Rs 150/- per instrument

S

Above 1,00,000 to 10,00,000

Rs. 300/- per instrument

S

Above 10,00,000

Rs.375/- per instrument

S

Royal/Purple

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

S

Commission Sharing

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

S

Collection of cheques/warrants by mandate

(except salary & pension- cheques/ ECS credit)
Rs.10/- per credit entry

S

OBC/IBC Bills

Up To Rs. 10,000

Rs. 150/- per bill

S

Above 10,000 to 1,00,000

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

S

Above 1,00,000 to 10,00,000

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

S

Above 10,00,000

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

S

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

Outstation Chq/ Bills Return unpaid

50% of collection charges Minimum Rs.100/- + other bank charges if any

S

DD/PAY ORDER

Up to Rs. 5,000/-

Rs. 50/- per instrument

S

5,001 to 10,000/-

Rs. 50/- per instrument

S

10,001 to 1,00,000/-

Rs. 5/-  per Rs. 1000/-
 

Min. Rs. 100/-

S

Above Rs. 1,00,000/-:

Rs. 4/-per Rs. 1000/-

Min.Rs. 500/-

Max. Rs. 10,000/-

S

Issue of Duplicate / Revalidation charges

Rs. 200/- per instance.

S

DD Against tender of cash

1.5 times of prevailing charges for Demand Draft

(Presently, maximum permissible limit of cash DD is up to Rs.49,999/-)

S

Collection of Deposit Receipt of Other Bank (For Existing Account Holders) 

Local

NIL

M

Others

as per OBC cheques

M

Remittance of Term Deposit on Maturity to other Bank

As applicable to NEFT / RTGS

S

Standing Instructions

Registration

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

For others remaining the same

S

Execution

NIL

S

Failure

Rs 10 per instance for deposit accounts. (Not Applicable to BSBDA)

Rs 100 per instance  for loan accounts.

Note: Charges will be levied on first instance per month.

M

ECS/NACH Credit

As Destination Bank – Nil

S

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

ECS/NACH Debit

Registration

Rs. 150/-

S

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

Non-Execution

Financial Reason:

Up to Rs. 1 Lakh : Rs.300/-

Above Rs. 1 Lakh : Rs. 500/-

S

Inward RTGS

Free

S

Outward RTGS

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

Inward NEFT

FREE

S

Outward NEFT

Up to Rs 10000/-

Across Counter:
Rs 2.50/- per trxn
Digital Mode:
FREE

S

Rs. 10001 to 1 Lakh

Across Counter:
Rs.5/- per trxn
Digital Mode:
FREE

S

Rs. 1.01 Lakh to Rs. 2 Lakh

Across Counter:
Rs 15/- per transaction
Digital Mode:
FREE

S

Above 2 Lakh

Across Counter:
Rs.25/- per transaction
Digital Mode:
FREE

S

Royal SB

Free NEFT/RTGS through internet banking

S

Purple SB

Free unlimited NEFT/RTGS remittances

S

Diamond CA

Free

S

Power of attorney / Mandate

Rs. 500/-for Individual
Rs.  1000/-for Non-Individual

M

Inoperative Charges

SB

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

S

CA

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

S

Closure of Account

SB

Saving accounts-Up to 14 days from account opening date: NIL

If closed within 15 days to 1 year- Rs 500/-
(other than Royal and Purple)
Rs. 500 for non-individual accounts

After 1 Year – No Charges

S

Royal SB

Before 1 year: Rs 1,000/-

After 1 Year: No Charges

S

Purple SB

Before 1 year: Rs 1,000/-

After 1 Year: No Charges

S

Global Edge Savings (Spend Account)

Up to 14 days: NIL

After  14 days: Rs 750/-

Nil for Reserve and Growth Account

S

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)

After 1 Year : No Charges

S

Interest Certificate

SB

First certificate free.
Rs 200/- for per additional copy.

M

Business Purpose

First certificate free.
Rs 200/- for per additional copy.

M

Balance Certificate

SB

First certificate: Free.
Rs 150/- for per additional copy.

M

Business Purpose

First certificate free.
Rs 150/- for per additional copy.

M

Loss of Token

Rs. 100/- per lost token

M

Safe Custody Charges

Scrips

Rs. 100/- per scrip.
Min. Rs. 200/- p.a. or part thereof.

M

Sealed Cover

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

M

Small Box (upto 1000 cubic cm)

Rs. 1000/- p.a. per box

M

Medium Box (upto 8000 cubic cm)

Rs. 2000/- p.a. per box

M

Large Box above 8000 cubic cm)

Rs. 5000/- p.a. per box

M

upto 1 year

Rs. 200/- per item

M

upto 2 years

Rs. 250/- per item

M

above 2 years

Rs. 250/- per item for first 2 years and
Rs. 100 for every additional year or part thereof.

M

Door Step Banking

FOR INDIVIDUAL

Rs. 75

M

Submission of Life Certificate

Waiver of service charges for submission of Life Certificate through Doorstep Banking for pensioners aged 60 years and above

M

DEMAT

Documentation including Stamp Duty

Actuals

M

Dematerialization

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

M

Transaction (Sell/Debit)

0.03% of value subject to

min. Rs.25/- & max. Rs. 500/-

For MAHA e-trade Online Trading Customer flat

charges Rs 10/- per transaction

M

Pledge

Rs. 60/- per ISIN (pledgor),

Rs. 40/- per ISIN

M

Unpledge

Rs. 30/- per ISIN (pledgor),

Rs. 20/- per ISIN (pledgee)

M

Pledge invocation

Rs. 40/- per transaction

M

Rematerialisation / Repurchase

Rs. 30/- per transaction

M

Failed Transaction

Rs. 25/- per transaction

M

Late Transaction

Rs. 20/- per transaction

M

Demat/Other mail

Actuals

Min. Rs. 25/- per trax.

M

Freeze / Unfreeze

Rs. 50/- per transaction

M

Annual Maintenance

Rs. 500/- p.a. (for individuals / HUF),

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

Basic services Demat. Account

All Charges as per Normal Demat Account Except AMC Charges,

AMC Charges:

For Holding Upto 4 lacs : NIL

For Holding from Above 4 lacs to 10 lacs: Rs 100

Above 10 lacs: Rs 500

M

Locker

A

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

Rural/SU: Rs. 1500/-p.a.

S

B

Metro/Urban: Rs. 3000/-p.a.

Rural/SU: Rs. 2000/-p.a.

S

C

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

Rural/SU: Rs. 3000/- p.a.

S

D

Metro/Urban: Rs. 4500/- p.a.

Rural/SU: Rs. 3500/- p.a.

S

E

Metro/Urban:Rs. 5500/- p.a.

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

S

H1

Metro/Urban: Rs. 6500/- p.a.

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

S

F

Metro/Urban: Rs. 8000/- p.a.

Rural/SU: Rs. 6000/- p.a.

S

G

Metro/Urban: Rs. 8000/- p.a.

Rural/SU: Rs. 6000/- p.a.

S

H

Metro/Urban: Rs. 8500/- p.a.

Rural/SU: Rs. 6500/- p.a.

S

L

Metro/Urban: Rs. 12000/- p.a.

Rural/SU: Rs. 9000/- p.a.

S

K

Metro/Urban: Rs. 12000/- p.a.

Rural/SU: Rs. 9000/- p.a.

S

AV – S

Metro: Rs. 30000 /- p.a.

S

AV – M

Metro: Rs. 40000 /- p.a.

S

AV – L

Metro: Rs. 55000/- p.a.

S

Bronze CA

One Locker Free
(Any type)

S

Silver CA

One Locker Free
(Any type)

S

Gold CA

One Locker Free
(Any type)

S

Platinum CA

One Locker Free
(Any type)

S

Diamond CA

One Locker Free
(Any type)

S

Registration

NIL

S

Visit

12 visits per year free.
Thereafter : Rs.100/- per visit

S

Loss of Keys

Actual expenses incurred towards replacement of keys +
Rs 2000/- towards administrative cost

M

Staff and Ex-staff Concession

i) 25 % concession in locker rent in one locker of any type.
ii) The facility is for one locker in name of staff & ex-staff only (incl. joint a/c).

S

Penalty for Rent in Arrears

3% p.m. on the amount of locker arrears
(also applicable for staff)

S

Special Discount for advance payment of Rent for customer and staff

NIL

S

Instant Locker

Rent Category – I (A,B,C,D,E,H1)

1-7 Days:

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/-

S

Rent Category – II (F,G,H,L,K)

1-7 Days :

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

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/-

Visit

6 free visit during the lease period.

Thereafter : Rs.100/- per visit

S

Loss of Keys

Actual expenses incurred towards replacement of keys + Rs 2000/- towards administrative cost

M

Postal Charges

ORDINARY

ACTUAL EXPENDITURE

M

REGISTERED POST/SPEED POST/COURIER

ACTUAL EXPENDITURE

M

Debit Card

Issuing New Card

Classic Contactless Card (Classic RuPay and VISA): NIL

RuPay Platinum Card: Rs.300/-

RuPay Select Card: Rs.600/-

For Staff/Ex Staff:

RuPay Select: Rs. 200/-

For Staff / Ex Staff / Mahabank Salary SB / BSS15 / Global Edge Savings / GovPride Salary Savings Account (Sliver)

RuPay Platinum: Free

For BSS25/ GovPride Salary Savings Account (Gold, Platinum, Diamond)

RuPay Select: Free

(All Cards Except RuPay Platinum and Select) BSBD / Pension /Yuva / Royal / Purple / MKCC / Mahabank Salary / Supreme Payroll : Free

S

Annual Maintenance

Classic RuPay & VISA Card: First Year: Free

Thereafter:

Classic RuPay & VISA: Rs. 200/-

RuPay Platinum: Rs. 300/-

RuPay Select: Rs. 600/-

For Staff/Ex Staff:  RuPay Select: Rs. 200/-

RuPay Platinum Card

For Staff / Ex Staff / Mahabank

Salary SB/BSS-15: Free

RuPay Select Card

BSS-25 : Free

Exemption:

(All Cards Except RuPay Platinum and Select) BSBD / Pension / Yuva /Royal / Purple / MKCC / Mahabank Salary / Supreme Payroll : Free

S

Add-on Card

Rs. 300/-

S

Replacement

Rs. 200/-

S

Re-issue of Hot-listed Card

Classic RuPay/Visa Card/ RuPay Platinum:

Rs. 200/-

RuPay Select Card : As per issuance charges

S

Re-PIN

Rs. 50/-
(Green PIN-No charges)

S

ATM Usage

Bank's ATM

First 5 Transactions Free.
Transactions over and above free limit will be charged as under:
1. Financial: Rs. 21/-
2. Non-Financial: Free

Exemption:

1. Staff/Ex-staff.

2. Mahabank Salary SB Account.

3. BSS-15 & BSS-25

S

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)

2 . Above-stipulated Usage for Saving Bank Account
From 6th transaction onwards in a month
Financial: Rs. 21/-
Non-Financial: Rs. 8/-

3. CA: Rs. 20/- for Financial & Rs. 8/- for Non-Financial

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

Exemption:

1. Staff/Ex-staff.

2. Mahabank Salary SB Account.

S

Visa International

Financial:
Rs. 150/ For all countries

In addition 2 % of transaction amount
Non-Financial:
Rs. 34/- for balance enquiry

S

POS at Petrol Pump Railway Counter

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

S

Cash Deposit on Bunch Note Acceptor (BNA) / Cash Deposit Machine (CDM)

By Debit Card to own account

NIL

S

By Debit Card to third party account

NIL

S

Charges for IMPS

Amount < Rs. 1,000          : Rs. 2.50

Rs. 1,001 – Rs. 1,00,000  : Rs. 5.00

> Rs. 1,00,000                   : Rs. 15.00

S

Charges For exchange of Soiled Note

Upto 20 pieces and / or value upto Rs                   5000/- : NIL

More than 20 pieces and or value more than Rs.  5000/- :

Rs 2/- per piece on entire tender

M

Processing Fees

HOUSING LOAN (EXCEPT MAHA SUPER GREEN HOUSING LOAN SCHEME)

0.25% of Loan amount

(Max 25000/-)

S

MAHA SUPER GREEN HOUSING LOAN SCHEME

Nil

S

MAHA BANK HOUSING TOPUP LOAN

0.50% of Loan amount

(Min 500/- & Max 50000/-)

S

CAR LOAN (4 WHEELER)- NEW (EXCEPT MAHA SUPER GREEN CAR LOAN SCHEME FOR PURCHASE OF ELECTRIC CARS)

0.25% of Loan amount

Min – Rs 1000/-

Max – 15000/-

S

MAHA SUPER GREEN CAR LOAN SCHEME FOR PURCHASE OF ELECTRIC CARS

Nil

S

MAHA BANK VEHICLE LOAN SCHEME FOR 2^ND HAND CAR (PRE-OWNED CARS)

0.50% of Loan Amount

Min: Rs. 500/-

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MAHA BANK VEHICLE LOAN (2 W):

0.50% of Loan Amount

Min: Rs. 500/-

Max: Rs. 5000/-

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LOAN AGAINST SELF OCCUPIED PROPERTY – FOR INDIVIDUALS

1% of Loan Amount.

Min: Rs. 1000/- Max: Rs. 50000/-

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MAHA BANK LEASE RENTAL DISCOUNTING FOR LANDLORDS OF OUR BRANCH PREMISES

0.50% of Loan Amount

Min: Rs. 1000/- Max: Rs. 50000/-

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MAHA BANK PERSONAL LOAN SCHEME

1% of Loan Amount

Min: Rs. 1000/- Max: Rs. 10000/-

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MAHA BANK AADHAR LOAN SCHEME FOR PENSIONERS

0.50% of Loan Amount

Min: Rs. 500/-

Max: Rs. 5000/-

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MAHA BANK SALARY GAIN SCHEME

0.50% of Loan Amount

Min: Rs. 500/-

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MODEL EDUCATION LOAN SCHEME

Processing charges should not be levied. However, processing fees @ 0.50 % (Max: Rs. 10,000) 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.

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PM-VIDYALAXMI SCHEME

No Processing / Upfront Charges

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MAHA SCHOLAR OVERSEAS EDUCATION LOAN SCHEME- FOR STUDENTS SECURING ADMISSION IN PREMIER INSTITUTIONS- ABROAD

1.00 % (Max: Rs. 10,000) to be recovered upfront which will be refundable on availment (first disbursement) of loan.

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MAHA BANK SKILL LOAN

Nil

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MAHA BANK GOLD LOAN

• Up to 03 Lakh - NIL
• Above 03 to 05 Lakh – Rs 500
• Above 05 to 10 Lakh – Rs 1000
• Above 10 to 20 Lakh– Rs 1500
• Above 20 Lakh – Rs 2000

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MAHA BANK PERSONAL LOAN FOR FUNDING OF ONE-TIME GROUP CREDIT LIFE INSURANCE PREMIUM

Nil

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MAHA BANK ROOFTOP SOLAR PANEL LOAN SCHEME- PM SURYAGHAR: MUFT BIJLI YOJNA

Nil

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MAHA BANK LOAN AGAINST PAPER SECURITY

0.25% of the loan amount

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LOAN AGAINST BANK OWN DEPOSIT

Nil

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Account Handling Charges

(Includes Documentation, Inspection /supervision, NeSL and CIBIL charges)

HOUSING LOAN (EXCEPT MAHA SUPER GREEN HOUSING LOAN SCHEME)

0. 10 % of Loan

Min: 500/-

Max: Rs. 11000/-

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MAHA SUPER GREEN HOUSING LOAN SCHEME

0.10% of Loan amount

(Min 500/- & Max 11,000/-)

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MAHA BANK HOUSING TOPUP LOAN

0. 10 % of Loan amount

(Min 500/- & Max 11000/-)

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CAR LOAN (4 WHEELER)- NEW (EXCEPT MAHA SUPER GREEN CAR LOAN SCHEME FOR PURCHASE OF ELECTRIC CARS)

0.20 % of Loan amount

(Min 500/- & Max 7500/-)

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MAHA SUPER GREEN CAR LOAN SCHEME FOR PURCHASE OF ELECTRIC CARS

Nil

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MAHA BANK VEHICLE LOAN SCHEME FOR 2ND HAND CAR (PRE-OWNED CARS)

0.20 % of Loan amount

(Min 1500/- & Max 10500/-)

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MAHA BANK VEHICLE LOAN (2 W):

0.20% of Loan amount

(Min 1500/- & Max 10500/-)

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LOAN AGAINST SELF OCCUPIED PROPERTY – FOR INDIVIDUALS

0.10 % of Loan amount

( Min: 500/- , Max 11000/-)

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MAHA BANK LEASE RENTAL DISCOUNTING FOR LANDLORDS OF OUR BRANCH PREMISES

0.10 % of Loan amount

Min: Rs 500/-

Max: Rs. 11000/-

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MAHA BANK PERSONAL LOAN SCHEME

0.20 % of Loan amount

(Min: Rs. 1000/- , Max: Rs. 10500/)

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MAHA BANK AADHAR LOAN SCHEME FOR PENSIONERS

0.20 % of Loan amount

(Min: Rs. 1500/- ,Max: Rs. 10500/)

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MAHA BANK SALARY GAIN SCHEME

0.20 % of Loan amount

(Min: Rs. 1200/- ,Max: Rs. 10200/)

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MODEL EDUCATION LOAN SCHEME

0.20 % of Loan amount

Min: Rs. 500/-

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PM-VIDYALAXMI SCHEME

0.20 % of Loan amount

Min: Rs. 500/-

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MAHA BANK GOLD LOAN

Rs. 100 and any out-of-Pocket expenses (Packing Charges)

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MAHA BANK PERSONAL LOAN FOR FUNDING OF ONE-TIME GROUP CREDIT LIFE INSURANCE PREMIUM”

Nil

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MAHA BANK ROOFTOP SOLAR PANEL LOAN SCHEME- PM SURYAGHAR: MUFT BIJLI YOJNA

0.20 % of Loan amount

(Min: Rs. 500/- ,Max: Rs. 2500/-)

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MAHA BANK LOAN AGAINST PAPER SECURITY

0.10% of the loan amount

Max: Rs.50,000/-

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LOAN AGAINST BANK OWN DEPOSIT

Nil

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Vidya Laxmi Enrolments charges

MODEL EDUCATION LOAN SCHEME

Rs. 200

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PM-VIDYALAXMI SCHEME

Rs. 200

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MAHA SCHOLAR OVERSEAS EDUCATION LOAN SCHEME-

STUDENTS SECURING ADMISSION IN PREMIER INSTITUTIONS- ABROAD

Rs. 200

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Processing Fee & Account Handling Charges (Includes Documentation, Inspection /supervision, NeSL and CIBIL charges)

Retail loan schemes for all Judicial Officers in India i.e.

Maha Super Housing Loan / Maha Super Flexi Housing loan/ Maha Super Car Loan / Maha Super Green car loan /

Maha Bank Personal Loan

Nil

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Retail Loan Schemes for High-Ranking Government Officials – "Elite PLUS" Scheme

Housing Loan Schemes / Car loan Scheme/ Personal Loan schemes

Nil

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Switchover Charges:

Charges for switching over from floating ROI to Fixed ROI or vice Versa

Rs. 5000/-

Note: The switchover from Floating to Fixed Rate and vice versa will be allowed, subject to min. CIC Score of the borrower is above 700, & fulfilment of guidelines vide H.O. Circular ref. No.

AX1/PSRC/Retail/Cir. No. 174 /2023-24 dated 30.03.24.

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Regular Home Loan to Maha Super Flexi Home Loan Scheme & vice-a-versa

From Maha super Housing Loan to the new Maha Super Flexi Housing Loan Rs. 2000/- will be applicable.

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Housing Loan for purchase of plot and construction thereof

If construction of house not started within 2 years, rate of interest will be 2% above the normal rate of interest

as applicable

2% p.a. of the sanctioned amount flat each year till completion of construction

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TOD / EOD

Interest on TOD

MCLR +8% with monthly rest

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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

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Against Clearing

Current / Saving A/c

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

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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

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BP / BD

(Bills Purchased/ Bills Discounted)

BP/BD of cheques

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

2. Above 25000/- for Metro/Urban: or
   Above 15000/- for Rural/SU):
   Commission per OBC cheque + charges @0.30% which covers charges for 7 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

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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, charges to be recovered @ 2% pa on the o/s bill amount from the due date till realization/ recovery.

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Inspection/ Supervision Charges

MSME & OTHER LOANS (INCLUDING AGRICULTURE CREDIT)

Term Loan: First Year – NIL

From Second Year Onwards:

• Up to Rs 25000/-  :  NIL
• Above Rs 25000/- to Rs 2.00 Lac: Rs 500/- P.A.
• Above Rs 2.00 lac to Rs 1.00 Crore: Rs. 500+0.25% P.A. (Max Rs. 15000/)
• Above Rs 1.00 Crore to Rs 25.00 Crore: Rs. 500 + 0.15% P.A. (Max Rs 20000/)
• Above Rs. 25.00 Crore : Rs 26000/-
  + (Cost of visit on Actual basis)
  
  (Charges to be levied on :
  Working Capital: Total FB + NFB Limits
  Term Loan: Outstanding Balance)

Note: No charges shall be levied on priority sector loans up to ₹50,000. In case of Priority Sector loans to SHGs/JLGs, this limit will be applicable per member and not to the group as a whole.

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Processing Fees - Working Capital

Non-MSME including Agriculture Credit (up to Rs. 100 Crore for food and Agro Processing Industries & Agri Infra.)

(Both Fund based and Non fund based facilities)

• upto Rs 25000/- NIL

• Above Rs 25000/-: 0.35% of Limit sanctioned.

• Min: Rs. 500/- for Limit Amount Less than Rs. 2 Lakhs and

• Min Rs. 1000/- for Limit Amount Rs. 2 Lakhs and above.
   

• Annual fees for renewal: Same as above.

Note: No charges shall be levied on priority sector loans up to ₹50,000. In case of Priority Sector loans to SHGs/JLGs, this limit will be applicable per member and not to the group as a whole.

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Processing Fees - Working Capital

MSME including Agriculture Credit (Upto Rs. 100 Crore for food and Agro Processing Industries & Agri Infra.)

(Both Fund based and Non fund based facilities)

• Up to Rs 5.00 Lacs: NIL

• Above Rs. 5 Lacs @ 0.35% p.a.

• For enhancement within one year: No concession

• Annual fees for renewal: same as above

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Processing Fees - Working Capital

Government sponsored schemes and against Bank’s Deposit

No Processing Fees

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Processing Fees – MKCC / Crop Loan

Working Capital Agriculture Credit

In case of MKCC/Crop Loan up to Rs 3.00 Lakh

• For small and marginal farmer (Land Holding upto 5 Acre) category: NIL

• For Large & Other Farmer (Land Holding upto 5 Acre): @ 0.35% of sanctioned limit

Above Rs. 3 lakhs : @ 0.35% of sanctioned limit

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Processing Fees - Term Loan

NON-MSME & NON-PRIORITY

• Up to Rs. 25 Crore: 1.10% of Sanctioned Limit

• Above Rs. 25 Crore to Rs. 100 Crore: 0.90%

• Above Rs. 100 Crore: 0.75%

Note: No charges shall be levied on priority sector loans up to ₹50,000. In case of Priority Sector loans to SHGs/JLGs, this limit will be applicable per member and not to the group as a whole.

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Processing Fees - Term Loan

MSME including AGRICULTURE CREDIT

• Up to Rs. 5 Lacs: NIL
• Above Rs 5 Lacs to Rs 25.00 Cr : 1.00% of  Sanctioned limit.
• Above Rs. 25.00 Cr to Rs. 100.00 Cr : 0.80% of sanctioned limit.
• Above Rs. 100.00 Cr : 0.70% of sanctioned limit.

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PROCESSING FEE - UPFRONT

Upfront Collection Terms

• 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. 00 crore: 100% at the time of documentation. 

Note: No charges shall be levied on priority sector loans up to ₹50,000. In case of Priority Sector loans to SHGs/JLGs, this limit will be applicable per member and not to the group as a whole.

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Refund / Forfeiture Conditions

• 75% of the charges recovered at the time of handing over the sanction letter to be refunded if sanction is not agreed when conveyed.
• 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
• Processing charges recovered by the Bank on completion of documentation will not be refunded whether limit is availed fully or not.

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TERM LOAN REVIEW CHARGES

(Excl. Retail Loans)

ANNUAL REVIEW CHARGES

• Up to Rs. 50 Lakhs : NIL
   
• Above 50 Lakhs: Rs. 120 per Lakh
   

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.

Note: No charges shall be levied on priority sector loans up to ₹50,000. In case of Priority Sector loans to SHGs/JLGs, this limit will be applicable per member and not to the group as a whole.

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Processing Fees

LOAN FROM MARKET PLACE

(Proposal Through PSB59 portal)

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Processing Fees

Bill discounting under LC

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

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Non-Fund Based Limits

As applicable to the fund based facility

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Forward Contract Limit

NIL

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Adhoc Interchangeability
(Btwn. FB & NFB)

 @ 0.15% per occasion

(Min Rs. 1000/-per occasion)

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Adhoc Working Capital
(EOD / STL)

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

(Min Rs. 1000/-per occasion)

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

New / Renewal

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

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Commitment Charges

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%.

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Restructuring of Credit Facilities

MSME:

without increase in exposure:

• up to 5 Lakh: NIL
   
• above 5 Lakh: 0.20%

For Increase In Exposure: applicable processing fees for additional facilities.

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BG COMMISSION

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Collection of Commission

The commission will be charged for the guarantee period excluding claim period.

The Guarantee commission for the entire period has to be recovered at the time of issue of the guarantee.

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Renewal of Guarantee

As applicable for issuance of guarantees. The commission will be charged for the guarantee period excluding claim period.

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Guarantees fully secured by deposits

25% of regular commission as above

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Refund of BG commission before its maturity date.

50% of commission for un-expired maturity period. However, if un-pired maturity period is 3 or less than 3 months, no commission to be refunded.

Any GST/ tax paid shall not be refunded while considering the refund of BG commission.

This is applicable only when original guarantee bond is received back by the branch. In case of e-BG, discharge letter in original from the competent authority of the beneficiary shall be obtained.

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Refund of BG commission After maturity period but during statutory claim period. 

Commission not to be refunded.

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Inland Letter of Credit

Issue charges

Rs. 500 per LC

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Usance Charges

• 0.35% for Bills up to 7 days
• 0.70% for bills over 7 days and up to 3 months usance
• 0.70% for first 3 months plus 0.35% per month in excess of 3 months up to 6 months
• 0.70% for first 3 months plus 0.35% per month in excess of 3 months up to 6 months and 0.20% per month in excess of 6 months

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

0.35% per quarter subject to maximum of 0.70%

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when the amount of credit under LC is increased

Min Rs. 1000/- along with Unified Charges on enhanced amount

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Extension of Validity

Rs 1500/- + Unified charges for extended period

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

Rs 1000/-

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Reinstatement Charges in case of Revolving LC

Unified charges on amount reinstated per quarter,

Min Rs. 1000/- per quarter

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LC advising Charges

Rs 2000/- flat

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Confirmation of inland LC

As applicable to LC opening Charges

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Negotiation Charges

Bills up to 2.50 lacs

0.40%- Min Rs 500/-

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above Rs 2.50 lacs to Rs 10 lacs

Rs 1500/- flat + out of pocket expenses

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Above Rs 10 lacs upto Rs 100 lacs

Rs 2500/-flat + out of pocket expenses

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Above Rs 100 lacs

Rs 3500/- flat + out of pocket expenses

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out of pocket expenses

actual basis

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Account Handling Charges

(Includes Documentatio, Inspection / supervision, NeSL and CIBIL charges)

Govt Sponsored scheme

NIL

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All Commercial Loans including MSME, and Agriculture (Other than Crop Loan/MKCC)

• Up to Rs 25000/-:  NIL
• Above Rs 25000/- to Rs 2.00 Lac: Rs. 2000/-
• Above Rs 2.00 lac to Rs 1.00 Crore: 0.55% P.A.
  Min: Rs. 2500/-

Max: Rs. 45000/-

• Above Rs 1.00 Crore to Rs 25.00 Crore: 0.40% P.A.
  Min : Rs. 45000/-

Max : Rs 125000/-

• Above Rs. 25.00 Crore : Rs 130000/- + (Cost of visit on Actual basis)

(Charges to be levied on :
Working Capital: Total FB+NFB Limits
Term Loan: Outstanding Balance)

Note: No charges shall be levied on priority sector loans up to ₹50,000. In case of Priority Sector loans to SHGs/JLGs, this limit will be applicable per member and not to the group as a whole.

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Crop Loan/ MKCC

• Up to Rs. 3 Lakhs : Nil
• Above Rs. 3 Lakhs : 0.50% of Sanctioned Loan Limit
  Min : Rs. 2000/-
  Max : Rs. 35000/-

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Earmarking of Limits

Upto Rs 1 Cr

Rs 1500 per occasion

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Above Rs 1 Cr

Rs 5000 per occasion

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Mortgage Charges

Mortgage Creation Charges (excluding retail loans & Agriculture Credit)

Per borrowing entity with FB+NFB limits

• Upto 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

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Mortgage Creation Charges – Agriculture Credit

Agriculture loan granted against charges on land by way of declaration:

• Upto Rs 3.00 lakh : Nil
• Above Rs 3.00 lakh : Rs 1,000/- flat

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ROC FILING CHARGES

Rs. 1500/- per occasion

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Project Appraisal Fee

Project Term Loans only
(Above Rs. 10 Cr)

For Term Loan above Rs. 10.00 Crore: 0.25%

To be recovered in addition to upfront fee in case the appraisal note is shared with other lenders in Consortium / MBA lending

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NOC Charges 

Issue of NOC for ceding any type of charge

• Upto Rs 5 crores: NIL
• Above Rs 5 crores to Rs 10 crores – Rs.60000/-

Above Rs 10 crores – Rs.120000/-

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Fee for underwriting Assignments (existing syndication charges)

1.00% negotiable for higher rate on case to 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

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Penal Charges

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

• 12-15 months: 1% p.a. of sanctioned limit, for the quarter.
• Above 15 months: 2% p.a.  of sanctioned limit till the date of renewal. For the period of default, to be recovered quarterly.

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Non submission of stock statement in time (as per sanction terms)

1.00% p.a. of o/s balance for overdue period.

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Non-renewal/ Expired External Credit Rating

1.00% pa of o/s balance

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Delayed payment of Term Loan installments

2% pa on overdue amount for the period of delay in respect of the installments delayed

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Drawings in excess of sanctioned limits (including expired limits) in Cash Credit accounts (EOD)

2% pa on the overdrawn portion till the account is regularized.

Note : Regular interest to be charged on the total outstanding balance.

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Drawings in excess of Drawing Power  (including expired limits) in Cash Credit accounts (TOD)

8% pa on the overdrawn portion till the account is regularized.

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Certificates

Solvency Certificate

0.30% of Solvency certificate amount

Min: Rs 1000/-,

Maximum Rs 30000/-

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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

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Providing Credit Report

Rs 1000/- per occasion

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Giving copies of loan documents

First Time Issue

NIL

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Subsequent Issue

Irrespective of Amount

Rs. 10 per leaf (Loan Document Page)

Min : Rs. 100/-

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Charges for external Agencies

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

Above 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.

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Credit Information Company (CIC) Report Charges

For Fresh Sanction of all types of credit facilities clubbed with Account Handling Charges.

Individual (CIBIL and CRIF):

Rs 100/- per instance/report

Non-Individual (CIBIL):

Rs 1000/- for corporates and Rs 500/- for MSME Scoring

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Trust and Retention Account (TRA) agency

fees

Rs 5.00 lacs Flat p.a.

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Closure of Loan/ Pre- Payment

Foreclosure Charges for CC

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

Note :

1. Also applicable on Agri loans other than MSEs criteria.
2. Not Applicable for Micro and Small Enterprises.

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

Rs. 150/-

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PREPAYMENT CHARGES

For Term Loan: (Other than Retail & MSEs)

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

NIL (if principal outstanding is less than 25% of the sanctioned limit).

Note :

1. Also applicable on Agri loans  other than MSEs criteria.
2. Not Applicable for Micro and Small Enterprises.

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Loans for Non-Business Purposes (Retail Loans) to Individuals

No pre-payment charges for all floating rate loans and advances

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Loans for Business Purposes to  Individuals & MSEs

No pre-payment charges for all floating rate loans and advances

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1. NOC Charges in respect of exposures of Rs. 1 crore & above or any other miscellaneous request,
2. Modification in limits / sanction terms - per occasion (Including Sanction of new line of credit by earmarking existing limit)
3. Revalidation of limits
4. Sanction/Roll over of FCL
5. Issue of Comfort Letter for Buyers Credit
6. Interest concession
7. Reduction in commission/other service charges.
8. Reduction in Margin/collateral coverage
9. Waiver of personal/corporate guarantee
10. Waiver of any other sanction Stipulation.
11. Issuance of NOC
12. Extension of COD

Upto Rs 10 crores: Rs 1 Lakh per instance

Above Rs 10 crores to Rs 50 crores – Rs.3,00,000/- per instance

Above Rs 50 crores – Rs.5 Lakh per instance

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EMI default charges

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

Applicable after 15 days of default.

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Cheque returns charges in

Loan accounts

At the rate of applicable cheque, return charges.

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Rupee post shipment advance : Negotiation/purchase/ discounting of export Bills – Bill amount ( both Sight and usance bills)

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

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Above USD 10,000: Rs. 1100/-

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Foreign currency post shipment advance: Discounting of Export Bills (EBD)
 

(both Sight and usance bills)
To be calculated and recovered in equivalent in Indian rupees.

Up to USD 5,00,000: USD 25

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Above USD 5,00,000: USD 50

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Where proceeds are sent in foreign currency to other bank Additional commission In lieu of exchange would be recovered @ 0.10%

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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.

Rupee advance against export bill

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

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Processing charges for rupee export bills

0.20% per bill

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

Rs.1100/- per document

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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/-)

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

Rs. 1000/- per reimbursement

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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.

1. Up to USD 5,000: Rs 250/-

2. Above USD 5,000 and upto USD 10,000: Rs.500/-

3. Above USD 10,000 and upto USD20,000 : Rs 750/-

4. Above USD 20, 000: 0.0625% per Export Bill, Max upto Rs.2000/-

(Additionally Rs. 100.00 per shipping bill to be charged if  more than one shipping bill is submitted under a single export bill)

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Export bill handled by Bank where payment is received in advance

• Up to USD 5,000: Rs 250;
• Above USD 5,000 and upto USD 10,000: Rs. 500
• Above USD 10,000 and upto USD 20,000 : Rs 750
• Above USD 20,000: Rs 1250
  (+ Rs 100 per extra shipping bill)

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Reconciliation of e-Commerce Export Bill

For e-Commerce Export bill of value upto

1. Upto Rs.1.00 Lakhs- 50/- per Bill

2. From >Rs.1.00 Lakhs to Rs.5.00 Lakhs - Rs.75/- per Bill

3. From > Rs.5.00 Lakhs to Rs.10.00 Lakhs - Rs.100/- per Bill (No overdue charges shall leived in such cases)

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Bills in Indian rupees sent for collection

0.20% per bill

(Min: Rs 750/-,

Max: Rs. 25,000/-)

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

Rs. 1000/- per quarter

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Where proceeds of foreign currency export bills received in Indian rupees

0.13%
(Minimum Rs. 550/-, Maximum Rs. 10,000/-) Plus commission of 0.10 % in lieu of exchange.

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Deemed Export Bills

0.15% 

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

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Export L/C advising Including courier charges

To our client: Rs. 1000/-

To Non customers: Rs. 2000/-

S

Advising Amendment to Export LC Including courier charges

To our client: Rs. 500/-

To Non customers: Rs.750/-

S

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

Rs. 1000/- per Advice

S

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

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

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

Rs. 1000/- Per Bill, Per Extension

S

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

1. For Bills upto Rs.10.00 Lakhs & equivalent FCY - No Penal Charges,   
2. For Bill above Rs.10.00 Lakhs & equivalent FCY Rs.100/- per shipping Bill month or part thereof

M

Certificates related to Export Transactions

Issuance of BRC/e-BRC

NIL

S

Attestation in respect of export transaction – invoice etc.

Rs. 300/- per invoice

M

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

Rs. 500/- per certificate

M

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: @ 0.10% Min. Rs 1,000/- and Max Rs 30,000/- 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

M

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

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

M

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

Issuance: 0.125% per month (Min Rs. 1000/-) inclusive of Both Usance & Commitment Charges

M

USANCE CHARGES

Sight LC

Usance LCs upto 3 months

Usance above 3 months

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

S

Upto USD 5,00,000

As proposed above

S

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

80% of normal rates to be charged

S

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

60% of normal rates to be charged

S

Above USD 5,000,000

50% of normal Rates to be charged

S

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

25 % of the applicable rate to be charged

M

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. 1000/- per Amendment

S

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. 1000/-
Plus, charges as  per  S  No  27  above  minimum Rs.500/-

M

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

Rs. 1000/- per Amendment

S

Receipt of discrepant documents under LC

USD 100 or its equivalent per Discrepant Bill to be charged from Exporter's Bank (Full Bill amount to be recovered from Importer and after keeping discrepancies charges with us, balance amount should be paid to Exporter Bank.)

M

Revival of  LC  within  3  months  from  the expiry date

As per Serial Number 27 (At par with Issuance of Fresh LC)

M

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

0.125%

(Min Rs 500; Max Rs 25,000)

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

0.15%

(Min Rs. 750; Max Rs 25,000)

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

Import bills denominated in foreign currency
where banks earns exchange margin

0.125%

(Min Rs 500; Max Rs 25,000)

M

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

0.15%

(Min Rs. 750; Max Rs 25,000)

M

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

0.125%

(Min Rs 500; Max Rs 25,000)

S

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

0.15%

(Min Rs. 750; Max Rs 25,000)

S

Advance payment against import Where bank earn exchange margin

0.1250 % of bill amount, Minimum Rs. 500/-

Maximum Rs.25,000/-

S

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

0.15%

(Min Rs. 750; Max Rs 25,000)

Forwarding Non LC import bill to other bank for payment.

Rs. 1000/- per bill

M

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

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

USD 100 plus courier Charges

M

Charges for noting and protesting

USD 200 plus out of pocket expenses

M

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

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

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

Follow up for submission of BOE

1. For BOE Value upto INR 10.00 Lakhs & its equivalent FCY - Nil Penal Charges .

2. Advance remittance for Import - Rs. 1000.00 per BOE,

if the BOE value > Rs.10.00 Lakhs is not submitted within 180 days from the date of last remittance.

3.  Payment  against Import  Bill -  Rs.1000.00 per BOE,

if the BOE value > Rs.10.00 Lakhs is  not  submitted within  90 days from the date of remittance.

M

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 @ 1 Month MCLR + 4% for 15 days.
3. Interest @ 1Month MCLR + 6% for overdue period beyond 15 days till recovery if instrument is returned
   unpaid.

M

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

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% with

Minimum Rs. 100/-,

Maximum Rs, 10,000/- plus additional charges to be conveyed by TIBD on case to case basis as per NOSTRO arrangement.

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

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 0.10 % for commission in lieu of 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 (Apart From Wire Transfer) where exchange is earned

0.25%

Minimum Rs. 100/,

Maximum Rs, 10,000/-

M

All other inward remittances (Apart From Wire Transfer) where exchange is not earned

0.25%

Minimum Rs. 100/-,

Maximum Rs, 10,000/-
Plus commission of 0.10% on account of in lieu of exchange.

M

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

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 international payment and therefore poses increased risk to the Bank.

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.250/- Per Remittance

S

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)

Upto USD 500 - Nil ,

Above USD 500 - Rs.100/-

S

Return of Remittances

• For Amount upto USD 100 - Nil,
• For Amount  ≥ USD100 or equivalent FCY : USD 50 or equivalent FCY

S

OUTWARD REMITTANCES:

Remittance by MT103 

(For non-trade Transactions only)

0.10%
Min- Rs 100/-, Max- Rs 1000/- plus Out of Pocket expense as applicable

S

Remittance by MT103
(For commercial transactions)

0.10%
Min- Rs 250/-, Max- Rs 10000/- plus Out of Pocket expense as applicable

S

Issuance of FDD - For Non-Trade Transactions (Including SWIFT Charges)

Upto USD 5000 - Rs. 250/-

Above USD 5000 - Rs. 500/-

S

Issuance of FDD - For Trade Transactions (Including SWIFT Charges)

Upto USD 5000 - Rs. 500/-

Above USD 5000 - Rs. 700/-

S

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

No charges. No out of pocket expenses

M

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

Sale of foreign currency Travellers where Bank earns exchange margin.

0.50% (min Rs. 100/-) On INR equivalent

M

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

1% of equivalent rupee amount

Minimum Rs.300/-

M

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

1% of equivalent rupee amount

Minimum Rs.300/-

M

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

FOREIGN BANK GUARANTEES/ACCEPTANCE

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

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/-

S

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

0.25% of amount

Minimum Rs. 1000/-

M

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

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

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/-

M

Stand By Letter of Credit against Trade Credit (Buyer's Credit). From the date of opening to last date of validity including usance period.

1.50 % p.a., 

Minimum Charges: Rs. 2,000/- per application

S

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

Deferred payment guarantee covering import of goods into India.

As applicable to deferred payment LC given

M

Availisation –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

Guarantee issued against 100% cash margin or against 100% counter guarantee of the GOI  (including Performance , Financial or for Buyer's Credit purpose)

25 % of the applicable charges

S

Issuance of Counter Guarantee - All Types

0.10% per month or part thereof Min Rs.500/- Plus Actual Charges debited by Intermediary Bank

S

Advising of Foreign Guarantee

Rs. 1000/- per advising

S

PROJECT EXPORTS/IMPORTS

PROJECT EXPORTS

Processing of project proposal

• Upto 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

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

25% of normal charges as applicable

S

c. Against 100% cash/deposit margin

25% of normal charges as applicable

S

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

1.10% p.a.

(Minimum Rs. 1000/-)

M

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% per Bill
Minimum Rs. 500
Maximum Rs. 2500

M

MERCHANTING TRADE:

Import leg transaction

As applicable to  Import  Transaction 

M

Export Leg transaction

As applicable to Export Transaction

M

FORWARD CONTRACTS:

Booking    of    sale    and    purchase    forward
contracts

Rs. 500 per Booking

S

Cancellation of forward contract

Rs. 500/- + swap cost

S

Early delivery

Rs. 600/- + swap cost wherever applicable

M

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

TRANSACTION RELATING TO ODI/FDI

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

Subsequent remittances under ODI (after allotment of UIN)

Rs.2500/-

S

Annual APR Submission of ODI (JV/WOS)

Rs. 2000/-

M

Late Submission of APR

Rs. 5000/- per case

(apart from normal charge of APR above)

M

Reporting of Disinvestment of JV/WOS

Rs. 5000/- per UIN

M

Transfer of Existing UIN To/From another Bank

Rs. 5000/- per UIN

M

FDI - On receipt of funds (Through Our Bank) FCGPR/FCTRS/LLP1/LLP2/ESOP/CN/DRR Form/DI Form/ buy back etc

Rs. 10,000/- Flat

M

FDI - On receipt of funds (Through Other Bank ) FCGPR/FCTRS/LLP1/LLP2/ESOP/CN/DRR Form/DI Form/ buy back etc

Rs. 20,000/- Flat (including Call of KYC from Foreign remitting Bank)

M

RBI Correspondence towards Approval Route Transactions

Rs. 5000/- per Case plus Operational expense

M

Late submission of Reporting under FDI

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

M

Processing of ECB proposals (Other than Trade Credit)

Rs. 10,000/- per proposal.
(for allotment of LRN)

M

ECB monthly reporting to RBI

Rs. 1,000.00 per LRN/ per month

M

Transfer of existing LRN to/from another Bank

Rs. 5000/- per LRN

M

SWIFT/COURIER CHARGES

(Not to be credited to P/L postage etc. It is to be credited to concerned income head in P/L Accounts):

MT 103 For Individual Remitter

Included in the commission

S

MT 103 For Non-Individual

Rs 500/-

S

MT 202 For Import Payment

Rs 500/-

S

MT 700 - LC Issuance

RS 1000/-

S

MT 707- LC Amendment

Rs 500/-

S

MT 760-Issuance of Guarantee

Rs 1000/-

S

MT 767-Amendment to guarantee

Rs 500/-

S

MT-769 /792 Other SWIFT messages related to guarantee

Rs 500/-

M

MT-420 Tracer for bills negotiated/ discounted/ purchased.

Rs 500/-

S

MT-420 Tracer for collection of Export Bills

Rs 500/-

S

MT-412/416 Acceptance of documents

Rs 500/-

S

Conveying rejection of documents under LC

Rs 300/-

S

For all other MT Types

Rs. 250/- for Any other Authenticated Messages

Rs. 100/- for Unauthenticated Message

M

COURIER CHARGES

For Sending documents in one set

Actual Out of Pocket Expenses

M

For Sending documents in two sets

Actual Out of Pocket Expenses

M

For Sending supplementary documents at the request of the exporter

Actual Out of Pocket Expenses

M

For Return of Import documents at the request of remitting bank

USD 50/-

M

Request forwarded to RBI

Any      request      forwarded      to      RBI      for Approval/Ratification

Approval: Rs 2000/- per proposal

Ratification: Rs 4,000/- per proposal

M

SERVICE CHARGES RELATED TO TREASURY- DOMESTIC

Constituent Subsidiary General Ledger (CSGL) Charges: Bank is having Constituent Subsidiary General Ledger (CSGL) account facility wherein Constituents manage their G-sec/SDL/T-Bill investment through CSGL account with us. Bank collects charge on monthly basis from CSGL account holder for trades / transactions placed on their behalf. Considering the competitive charges in the industry through other Bank/FIs, Bank proposes the following charges to be collected from CSGL account holders as under:

Apart from above, the platform charges invoiced by Clearing Corporation (i.e. CCIL, NSCCL etc.) to be paid by respective constituents on actual basis over & above listed service charges of the Bank.

GM TIBD is empowered to consider any concession upto 100% in above charges with suitable justification.  

S

Issuing & Paying Agent (IPA) Charges: Bank is acting as an Issuing & Paying Agent for issuance of Commercial Paper by Banks/FIs. Bank collect charges based on number of issuance during a month. The following charges of IPA agent is proposed as under:

0.20 % p.a.Fees (₹ in actual) per issuance subject to Minimum Fees as stipulated based on number of Issuance as below

S

Merchant Banking / Banker to the Issue

To be decided by GM Treasury / TIBD on case to case basis.

S