| Sr. No. | Nature of Transcation | Chgs for Non-Individual(Rs)(w.e.f.:1st July 2012) | Chgs for Individual(Rs)(w.e.f.:1st July 2012) |
| A) Foreign Bills : | |||
| A.1. Export Bills : | |||
| A.1.a | Processing Charges for each foreign currency bill negotiated / Purchased / discounted | Rs.2000/- | Rs.2000/- |
| A.1.b | Rupee bill Purchase | Rs.2000/- | Rs.2000/- |
| A.1.c | Rupee Advance against Export Bill | Rs.2000/- | Rs.2000/- |
| A.2. Commission on Export Bills drawn in FCY and INR: | |||
| A.2.a | Equivalent of upto INR 50,000/- | Up to Rs. 2 Lac, flat Rs.500/- | - |
| A.2.b | Equivalent of INR 50,000/- and above but upto INR 2 Lakhs | Up to Rs. 2 Lac, flat Rs.500/- | - |
| A.2.c | Above equivalent of INR 2 Lakhs | Minimum Rs.500/- or 0.075% whichever is higher Maximum Rs.10,000/- | - |
| A.2.d | Export bills sent for collection where proceeds are not received on the due dates (overdue bills) | Up to 2 Lakhs Rs.250/- per quarter. Above 2 Lakhs Rs.500/- per quarter. (Chargeable at the end of every calendar quarter) | - |
| A.2.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 Maximum Rs.2000/- | - |
| A.2.f | Export Bill realised where no exchange margin is earned by the bank.(Fund transferred to EEFC Account etc.) | 0.05% maximum Rs.2000/- flat | - |
| A.2.g | Annual export turnover certificate | Rs.500/- | - |
| A.2.h | Write off of Export Bills per bill | Rs.1000/- per GR for self write-off Rs.2000/- per GR for bank write-off | - |
| Note: If the monthly turnover of export collections exceed INR 2.5crores, commission @0.0625% with minimum of INR1000/- and maximum of INR 2,500/- (Applicable with reference to 5.3.1, 5.3.2 and 5.3.3 | |||
| A.3. Import Bills : | |||
| A.3.1. Commission on bills drawn under LC : | |||
| A.3.1.a | Foreign Currency bills at the time of crystallization or retirement whichever is earlier | 0.15% | - |
| A.3.1.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% per each month or part thereof delay incur in the payment. | - |
| A.3.1.c | Advance Import payment Bill | Same as collection bill (As given below) | - |
| A.3.1.d | On bill drawn in foreign currency on which no exchange margin accrues (Export as well import Bill) or if the export/import bill is invoiced in INR hence no exchange income is earned | 0.05% maximum Rs.2000/- | - |
| A.3.1.e | Out of Pocket expenses in export and import Bill | Rs.750/- | - |
| A.3.2. Commission on Clean Import Bills (not drawn under L/C) : | |||
| A.3.2.a | Where exchange margin is earned on Foreign Currency Bill | 0.25% minimum Rs.500/- Maximum Rs.10,000/- | - |
| A.3.2.b | Bills received direct by Importer | Half of the commission earned on same amount collection bill. Minimum Rs.500/- and maximum Rs.5000/- | - |
| Note:If the monthly turnover of import bills under LC or/and collection bills exceed INR 2.5 crores by an arrangement, commission @0.0625% with minimum of INR 1000/- and maximum of INR 2,500/-(Applicable with reference to all sub point under 6) | |||
| B) Inland Bills : | |||
| B.1 Bills drawn under Inland LCs | |||
| B.1.a | For bills upto 2.5 lacs at the time of retirement | 0.20% (Rs.500/- minimum) or as per sanction memo This slab is now applicable for inland bill up to Rs.10 Lac | - |
| B.1.b | For bills above 2.50 Lakhs at the time of retirement | 0.15% (Minimum Rs.2,000/- maximum Rs.10,000)This slab is now applicable for Bill drawn for more than Rs. 10 Lac | - |
| B.1.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 each month or part thereof delay incur in the payment. | - |
| B.1.d | Inland Bills discounted under irrevocable L/Cs issued by other eligible Banks | Up to Rs. 10 lac:0.20% (Rs.500/- minimum)Above Rs.10 Lac: 0.15% (Minimum 2,000/- maximum Rs.10,000) | - |
| B.1.e | Inland Bills under collection which are returned back to the remitting bank unpaid | 50% of normal charges Minimum Rs.500/- maximum Rs.1000/- (Excluding other bank charges which will be born by their party) | - |
| B.2 | Inward Bills not under LC (IBC) | Rs.5 per thousand with min of Rs. 500 and maximum Rs.10,000 + Out of Pocket expenses Rs.250/- | - |
| B.3 | Bills sent by us (OBC) and returned unpaid by other bank | Rs.500/- | - |
| B.4 | Outward Bills – Collections (OBC) | Rs.5 per thousand with min of Rs. 500 and maximum Rs.10,000 + Out of Pocket expenses Rs.250/ | - |
| C) Collections – Outward : | |||
| C.1 | Outstation Cheques Upto 10,000/- Above 10,000/- and Upto 25,000/- Above 25,000/- | Rs.50/- Rs.50/- Rs.3/- per 1,000/- Max. 500/- | - |
| C.2 | Outward Bills - Collections (OBC) | Rs.50/- per instrument | - |
| C.3 | Foreign Cheque for Collection (FCC) | N.A. | Free |
| C.4 | Handling / collection for Bills / cheques returned unpaid | Rs.150/- for cheques, for bills and collecting bank charges. | Rs.100/- for cheques and collection bank charges. |
| D) Remittances for TF: | |||
| D.1 | Inward Remittances | Rs.200/- | - |
| D.2 | FIRC Charges | 1.Rs.150/- for any IRM not old more than one calendar quarter | |
| 2. Rs.200/- for any IRM more than one calendar quarter old | - | ||
| D.3 | Issue of duplicate FIRC | Rs.2000/- + Indemnity from client | - |
| D.4 | Outward Remittances | 0.125%, MAXIMUM Rs.10,000/- | - |
