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>> Ancillary Services
>> Collection Services
>> Current Accounts Services
>> Savings Accounts Services
>> No Frills Accounts Services
>> Remittance Services
 
Ancillary Services :
Sl No
Nature of Transaction
Chgs for
Non-Individual (Rs)
Chgs for
Individuals (Rs)
A) Issuance of Certificates :  
1
 Foreign Inward Remittance Certificates
100/-
 50/-
2
 Credit Information Report
500/-
 -
3
 Solvency Certificate
0.1% with Minimum of INR 1,000/- Maximum INR 5,000/-
 0.1% with Minimum of INR 1,000/- Maximum INR 5,000/-
4
 Bank certificate of Exports & Realisation
100/- per invoice per issue
  
 
B) Verifications / Certifications :
1
 Third Party Test Verification 500/-  
2
 Attestation of Signatures (wherever specified same charges shall apply) 500/- 100/-
 
C) SWIFT Charges :
1
 Full Operative Letter of Credit 2500/-  
2
 Amendments – per message 750/-  
3
 Remittances / Funds Transfer 750/-  
4
 Other Miscellaneous Messages (enquiry, Fate of the Bill) 750/-  
 
D) Export Letter of Credit : 
1
 Advising of Letter of Credit 1000/- plus out of pocket expenses  
2
 Advising amendment to Letters of Credit 600/- per advice plus out of pocket expenses  
3
 Adding confirmation to Letter to Credit
(Commitment charges + usance Charges)
 As applicable to LC Opening Charges  
4
 Transfer of Letter of Credit 1000/-  
 
E) Forward Contracts : 
1
 Booking of sale and purchase contracts 1000/- 750/-
2
 Cancellation of Forward Contracts 500/- plus swap cost plus interest on outlay of funds, if any. 300/- plus swap cost plus interest on outlay of funds, if any.
 
F) Disbursement of Preshipment Credit in Foreign Currency (PCFC) 1,000/- per transaction  
 
G) Import Letters of Credit :
1. Opening of LCs :
a
 Commitment Charge 0.15% per quarter or part thereof  
b
 Usance Charge 0.15% per quarter or part thereof.
0.30% for the first 3 months plus 0.0750% per month in excess of 3 months for bills over 3 months sight
  
c
 Where the LC amount is less than INR 10,000 500/-  
 
2. Amendments to LCs :
a
 Extension of validity of LC within 3 months period (for which commitment charge has been collected) 500/-  
b
 Where extension of validity of credit beyond 3 months (for
which commitment charges has been collected upto 3 months
 Addition 0.15% per quarter  
c
 Amendment other than extension of validity or enhancement of tenor of bill of exchange 500/-  
d
 Enhancement in L/C Value All the above three types of charges on the amount enhanced.  
 
H) Inland letters of Credit : 
1. Opening of LCs :
a
 Commitment Charges for each period of 3 months 0.20% - Min. 500/-  
b
 Usance Charges: - At sight & upto 10 days usance 0.20%  
c
 Usance Charges – Over 10 days and upto 3 Months 0.40%  
d
 Usance Charges – Over 3 months for each month or part thereof over the last 3 months 0.40% for first 3 months plus 0.20% per quarter in excess of 3 months.  
e
 Minimum charges on the above 500/-  
 
2. Amendments to the Inland LCs : 
a
 Increase in Value / extension As per Import Letters of Credit on the amount enhanced. If extension is beyond 3 months, additional 0.20%  
b
 General Amendments – per each message 500/-  
 
I) Guarantees (Inland / Foreign) : 
1
 Performance 2% p.a. – Min. INR 1,000/-  
2
 Others 3% p.a. – Min. INR 1,000/-  
3
 To be issued in favour of lending banks for raising buyers/suppliers credit for 3% p.a. – Min. INR 1,000/-  
4
 Cancellation of BG – Refund Rules 50% pro-rata  
 
Collection Services :
Sl No
Nature of Transaction
Chgs for
Non-Individual (Rs)
Chgs for
Individuals (Rs)
A) Foreign Bills :
1. Export Bills :
a
 Processing Charges for each foreign currency bill negotiated /
Purchased / discounted
2000/-
 -
b
 Forwarding charges of export documents on which no collection commission or exchange accrues to the Bank (ie., from one bank to the another bank in India)
1000/-
 -
2. Commission on Export Bills drawn in     FCY and INR : - -
a
 Equivalent of upto INR 50,000/-
0.25%, min. 150/-
 -
b
 Equivalent of INR 50,000/- and above but upto INR 2 Lakhs
0.125%, min.300/-
 - 
c
 Above equivalent of INR 2 Lakhs 0.0625%, min.300/- -
d
 Export bills sent for collection where proceeds are not received on the due dates (overdue bills) Upto 2 Lakhs 250/- per quarter. Above 2 Lakhs 500/- per quarter. -
e
 Where proceeds of bills received through a bank other than the collection bank at the instance of exporter/overseas buyer 0.125% in addition to normal collection charges -
3. Import Bills :
1. Commission on bills drawn under LC :
a
 Foreign Currency bills at the time of crystallization or retirement whichever is earlier
0.15%
 -
b
 If bills are not retired within 10 days from date of receipt of demand bills OR on due date in case of usance bills
Additional 0.15%
 -
c
 Fresh Commitment charges (discrepancy charges)
0.15% of bill amount
 -
2. Commission on Clean Import Bills (not drawn under L/C) :
a
 Where exchange margin is earned on Foreign Currency Bill
0.25% minimum 250/-
 -
b
 On each bill drawn in rupees and on each bill drawn in foreign currency on which no exchange margin accrues
0.25% in addition to above in lieu of exchange.
 -
c
 Bills received direct by Importer
0.125% min. 250/-
 -
 
B) Inland Bills :
1
 Bills drawn under Inland LCs 
a
 For bills upto 2.5 lacs at the time of retirement 0.40% (250/- minimum) or as per sanction memo -
b
 For bills above 2.50 Lakhs at the time of retirement 0.25% (1,000/- min) -
c
 If the bills are not retired on the due date as per the original usance, additional charge for the devolvement period till date of recovery Additional 0.20% per month -
d
 Inland Bills discounted under irrevocable L/Cs issued by other eligible Banks 0.01% of bill amount – 500/- minimum -
e
 Inland/Import Bills under collection which are returned back to the remitting bank unpaid 50% of normal charges Minimum 500/- plus remitting bank’s charges. -
 
C) Collections – Outward :
1
 Outstation cheques (other than sent in National Clearing)
Upto 10,000/-
Above 10,000/- and Upto 25,000/-
Above 25,000/-

50/-
50/-
3/- per 1,000/-
Max. 5,000/-
25/-
35/-
2/- per 1,000/-
Max.5,000/-
2
 Outstation cheques through National Clearing & to our own branches 50/- per instrument 25/- per instrument
3
 Outstation cheques through National Clearing & to our own branches for Savings Bank Accounts Individuals N.A. Free
4
 Handling/collection for Bills/cheques returned unpaid 150/- for cheques, for bills and collecting bank charges. 100/- for cheques and collection bank charges.
 
Current Account Services :
Sl No
Nature of Transaction
Chgs for
Non-Individual (Rs)
Chgs for
Individuals (Rs)
A) Minimum Balance Requirement : INR 10,000/-
1
 Shortfall per month (Daily Basis)
250/-
 150/-
 
B) Cheque Book Facility :
1
 Issuance of First Book of 25 Leaves Free Free
2
 Issuance of Cheque Books of 25 Leaves 50/- each book 25/- each book
3
 Issuance of Cheque Books of 50 leaves 100/- each book 50/- each book
 
C) Cheque Returns (applicable for ECS returns also) :
1
 Cheque Returned for want of sufficient funds (per cheque) 500/- 250/-
2
 Cheque Deposited returned unpaid 100/- 50/-
D) Stop Payment Request for each Transaction
( a cheque or a series of cheques) : 		100/- per cheque
500/- per book
 50/- per cheque
250/- per book
 
E) Closed within six months of opening
 500/- Flat Free
  
F) Balance Enquiry/Balance Certificate Free Free
 
G) Statement of Accounts :  
1
 Issuance of Monthly statement of Account Free Free
2
 Issuance of Weekly statement of Account 1000/- per annum 500/- per annum
3
 Issuance of Duplicate Statement of Account 100/- per page 100/- per month
 
H) ATM Cards :    
1
 Issue of First ATM Card Free Free
2
 Renewal Fee of ATM – every year Free Free
3
 Reissue of ATM Card at the request of the customer 100/- 100/-
4
 Reissue of ATM PIN at the request of the customer 50/- 25/-
 
I) Photo/Signature Verification : 100/- per attestation 50/- per attestation
 
J) Tracing of Old Records (for each entry) :
a
 Up to 6 Months 100/- 50/-
b
 More than 6 months up to 1 Year 200/- 100/-
c
 Above 1 Year 500/- 250/-
 
Savings Account Services :
Sl No
Nature of Transaction
Chgs for
Individual (Rs)
Chgs for
Senior Citizens / Pensioners(Rs)
A) Minimum Balance Requirement
1000/- Nil
1
 Shortfall per month (Daily Basis)
100/-
 Nil
 
B) Cheque Book Facility :
1
 Issuance of Cheque Books (for accounts maintaining minimum balance as per Point A) Free Free
2
 If no minimum balance is maintained, issuance of cheque books 25/- each book NA
 
C) Cheque Returns :
1
 Cheque Returned for want of sufficient funds (per cheque) 100/- 50/-
2
 Cheque Deposited returned unpaid NIL NIL
 
D) Stop Payment Request for each Transaction
    (a cheque or a series of cheques) : 		50/- per cheque
Max. 200/-
 10/- per heque
Max. 50/-
 
E) Closed within six months of opening
 500/- Flat Free
  
F) Balance Enquiry/Balance Certificate Free Free
 
G) Statement of Accounts :  
1
 Issuance of Issuance of Pass Books Free Free
2
 Issuance of Statements on Demand 15/- per Page 5/- per page
3
 Issuance of Duplicate Pass Book 150/- per Book 50/- per book
 
H) ATM Cards :    
1
 Issue of First ATM Card Free Free
2
 Renewal Fee of ATM – every year Free Free
3
 Reissue of ATM Card at the request of the customer 100/- 50/-
4
 Reissue of ATM PIN at the request of the customer 50/- 20/-
 
I) Photo/Signature Verification : 50/- per attestation Free
 
J) Tracing of Old Records :
a
 Up to 6 Months 100/- Free
b
 More than 6 months up to 1 Year 150/- 50/-
c
 Above 1 Year 200/- 100/-
 
No Frills Accounts Services :
Sl No
Nature of Transaction
Charges (Rs)
A) Minimum Balance Requirement
NIL
 
B) Cheque Book Facility :
Issuance of Cheque Books 50/- each book
 
C) Cheque Returns (applicable for ECS returns also) :
1
 Cheque Returned for want of sufficient funds (per cheque) 100/-
2
 Cheque Deposited returned unpaid 50/-
 
D) Stop Payment Request for each Transaction
    (a cheque or a series of cheques) : 		50/- per cheque
Max. 200/-
 
E) Closed within six months of opening
 NIL
 
F) Balance Enquiry/Balance Certificate Free
 
G) Statement of Accounts :  
1
 Issuance of Pass Books Free
2
 Issuance of Statements on Demand 15/- per page
3
 Issuance of Duplicate Pass Book 15/- per Page plus
50/- additional cost
 
H) ATM Cards :
1
 Issue of First ATM Card Free
2
 Renewal Fee of ATM – every year Free
3
 Reissue of ATM Card at the request of the customer 100/-
4
 Reissue of ATM PIN at the request of the customer 50/-
 
I) Photo/Signature Verification : 100/- per attestation
 
J) Tracing of Old Records :
a
 Up to 6 Months 100/-
b
 More than 6 months up to 1 Year 150/-
c
 Above 1 Year 200/-
 
Remittance Services :
Sl No
Nature of Transaction
Chgs for
Non-Individual (Rs)
Chgs for
Individuals (Rs)
A) Outward Remittances :  
Issuance of Demand Drafts :
 
 Upto 10,000/-
50/-
 50/-
 
 Above 10,000/- and
Upto 25,000/-
100/-
 75/-
 
 Above 25,000/- and
upto 10 Lakhs
3/- per 1,000/- or part thereof
  Same
 
 Above 10 Lakhs and upto
50 Lakhs		 2/- per 1,000/- or part thereof with a Maximum of 5,000/-  Same
 
 Above 50 Lakhs 1/- per 1,000/- or part thereof with a Maximum of 10,000/-  Same
 
B) Issuance of Pay Orders/Banker’s cheque :
  Upto 10,000/- 25/- 25/-
  Above 10,000/- upto 25,000/- 50/- 50/-
  Above 25,000/- upto 1 Lakh 100/- 75/-
  Over 1 Lakh to 5 Lakhs 250/- 250/-
  Over 5 Lakhs to 10 Lakhs 500/- 500/-
  Over 10 Lakhs 1000/- 1000/-
 
C) Cancellation of Pay      Order/Demand Draft 100/- 100/-
 
D) Revalidation of Pay Order   100/- per instrument Free
 
 E) Issuance of Foreign Demand      Draft 500/- 300/-
If FDD is to be sent by Bank to the Beneficiary DD Charges plus courier charges Same
 
F) Foreign Currency TT (FTT) 500/- plus SWIFT Charges 750/- 300/- plus SWIFT charges 750/-
 
G) Remittances of Current Account     transactions as specified by FEMA     like Business Travel, Gift, Medical     Expenses 0.125% on remittance value subject to a minimum of 250/- plus SWIFT Charges 750/- 0.100% on remittance subject to minimum of 200/- plus SWIFT Charges 750/-
 
H) Transfer of Funds
Through NEFT/RTGS (See for Local Payments thro RTGS separately) 
 
 Upto 10,000/- 50/- 25/-
 
 Above 10,000/- and upto 25,000/- 100/- 75/-
 
 Above 25,000/- and upto 1 Lakh 2/- per 1,000/- or
part thereof.		 2/- per 1,000/- or
part thereof.
 
 Above 1 Lakh and upto 10 Lakhs 200/- per Lakh or
part thereof.		 2/- per 1,000/- or
part thereof.
 
 Above 10 Lakhs 100/- per Lakh or part thereof Max.5,000/-
 1/- per 1,000/- or part thereof. Max 2,000/-
 
 Local Payments thro RTGS Rs.50/- per Lakh or
part thereof Max.500/-		 Rs.25/- per lakh or
part thereof Max.250/-
 
I) Repayment of Term Deposits at Maturity/Prematurity : 
1
Credit to the Account Free Free
2
 Through Cashier’s Orders Nil Nil
3
 Through RTGS/NEFT Charges as per J.1 & J.2 Charges as per J.1 & J.2
4
 Through Demand Draft Charges as applicable for issuance of DD if drawn on another Bank. Charges as applicable for issuance of DD if drawn on another Bank. 
5
 Courier Charges At actuals At actuals
 
J) Payment of Interest on Term Deposits Quarterly/Half Yearly :
 
1
 Credit to the Account Free Free
2
 Through Cashier’s Orders Nil Nil
3
 Through RTGS/NEFT Nil Nil
4
 Through Demand Draft Charges as applicable for issuance of DD if drawn on another Bank. Charges as applicable for issuance of DD if drawn on another Bank
5
 Courier Charges At actuals At actuals
 
K) Standing Instructions : 
 
 For Issuance of DD/Remittance of Funds 100/- per Remittance plus
Mail/Electronic Transfer or DD Charges plus out of pocket expenses
 75/- per Remittance plus Mail/Electronic Transfer or DD Charges plus out of pocket expenses
 
L) Inward Remittances - RTGS/NEFT Free Free

Click Here for Forms

NOTE:

1) Service Tax plus Education Cess @ 10.30% (as per Government Rules) is applicable from time to time over and above charges indicated above.

2) Bank reserves the right to assess charges on transactions that are not covered by this schedule and     recover the same accordingly with prior intimation to the concerned customer(s).

3) The schedules of charges for Remittance Facilities, Collection Facilities are available separately.

4) Out-of-pocket expenses include Postage, Cable/telex expenses, Correspondent Bank Charges etc.,shall be recovered in addition to the above-mentioned charges.

5) A flat 20% concession is allowed in all the above service charges for Senior Citizens in the          Individual’s category.

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