Fees & Service Charges
The Board of directors in its meeting held on 04/09/2021 has revised the rate of Service Charges on services provided to the customer, which effective from, 13th September 2021.
| Particulars | Revised Rate of Service Charges w.e.f 13/09/2021 | |
|---|---|---|
| A | Minimum Balances Charges For Saving Account. | |
| Saving Account without cheque book facility - Minimum Balance Rs. 500/- | Rs.30+GST | |
| Saving Account with Cheque book Facility - Minimum Balance Rs. 1000/- | Rs.30+GST | |
| Saving Account with Cheque book Facility , PDC & ECS - Minimum Balance Rs. 200000/- | Nil | |
| Saving Account with Cheque book Facility , ECS & PDC - Minimum Balance Rs. 3000/- | Rs.30+GST | |
| Saving Account with Cheque book Facility & ATM facility- Minimum Balance Rs. 1000/- | Rs.30+GST | |
| B | Account Closer Charges for Saving Account. | |
| Account closed within a year | Rs.150+GST | |
| Account closed after one year | Rs.100+GST | |
| C | Cheque Return Charges for Saving Account | |
| Inward Clearing return per Cheque upto 1 Lakh | Rs.300+GST | |
| Inward Clearing return per Cheque 1 Lakh to 10 Lakh | Rs.750+GST | |
| Inward Clearing return per Cheque above 10 Lakh | Rs.1500+GST | |
| Outward Clearing Return per cheque upto 1 Lakh | Rs.300+GST | |
| Outward Clearing Return per cheque above 1 Lakh to 10 Lakh | Rs.500+GST | |
| Outward Clearing Return per cheque above 10 Lakh | Rs.1000+GST | |
| Stop Payment Charges | Rs.500+GST | |
| Cancellation of Stop payment per cheque | Rs.500+GST | |
| D | Unclear Balance in Saving Account. | |
| To Pass Cheque against Clearing with request of customer. ( Branch Manager Should consider customers past 6 months track record of Account operation while doing the so and difference between clear balance and value of outward cheque should not exceed Rs.1000/-) | Rs.500+GST+Applicable Interest Rate of Unsecured Loan. | |
| E | Cheque Book Charges for Saving account | |
| First Cheque book containing 15 Cheques | Nil | |
| From Second Cheque Book onwards | Rs.90+GST | |
| F | Minimum Balances Charges For Current Account. | |
| Current Account with cheque book facility - Minimum Balance Rs. 3000/- | Rs. 200+GST | |
| Current Account with cheque book facility, PDC & ECS - Minimum Balance Rs. 10000/- | Rs. 200+GST | |
| G | Duplicate Pass book | |
| Printing up to One Month Statement | Rs.100+GST | |
| Printing above One Month Statement ( per month ) | Rs.50+GST | |
| H | Current Account Statement Charges - Folio Charges. | |
| 1st time printing | Nil | |
| Duplicate Statement printing per month. | Rs.500+GST | |
| Folio Charges - half yearly/ Annually. | Rs.500+GST | |
| Continues Minimum balance Rs. 500000/- and above Folio Charges - half yearly/ Annually. | Nil | |
| I | Unclear Balance in Current Account. | |
| To Pass Cheque against Clearing with request of customer. ( Branch Manager Should consider customers past 6 months track record of Account operation while doing the so and difference between clear balance and value of outward cheque should not exceed Rs.5000/-) | Rs.500+GST+Applicable Rate Interest of Unsecured Loan. | |
| J | Cheque return Charges in Current A/c. | |
| Inward Clearing return per Cheque upto 1 Lakh | Rs.300+GST | |
| Inward Clearing return per Cheque 1 Lakh to 10 Lakh | Rs.750+GST | |
| Inward Clearing return per Cheque above 10 Lakh | Rs.1500+GST | |
| Outward Clearing Return per cheque upto 1 Lakh | Rs.300+GST | |
| Outward Clearing Return per cheque above 1 Lakh to 10 Lakh | Rs.500+GST | |
| Outward Clearing Return per cheque above 10 Lakh | Rs.1000+GST | |
| Stop Payment Charges | Rs.100+GST | |
| Cancellation of Stop payment per cheque | Rs.100+GST | |
| Stop Payment Charges | Rs.500+GST | |
| Cancellation of Stop payment per cheque | Rs.500+GST | |
| K | Fixed Deposit | |
| Duplicate Receipt of Fixed deposit with indemnity bond | Rs.100+GST | |
| L | Cash Handling Charges in current Account. | |
| Up to Rs.2 Lakhs | Nil | |
| For next every One Lakh | Rs.100+GST | |
| M | NEFT/ RTGS Charges | |
| Up to Rs.200000/- | Rs.20+GST | |
| Above Rs.200000/- | Rs.50 +GST | |
| Current Account minimum balance Rs. 10,00,000/- | Rs.5+GST | |
| N | Pay order/ DD/ Bill collection | |
| Up to Rs.5000/- | Rs.25+GST | |
| Rs.5001/- to 20000/- | Rs.50+GST | |
| Rs.20001 to 1 Lakhs | Rs.100+GST | |
| Rs.100001 to 2Lakhs | RS.125+GST | |
| Above 2 Lakhs ( per Rs.1000) | Rs.125+ Rs.2 per thousand +GST | |
| O | Cancellation of P.O | Rs.50+GST |
| P | Cheque book charges for Current Account / Overdraft/ Cash Credit. | |
| 1st Cheque book of 30 pages at the time of Account opening | Nil | |
| For next leaf of Cheque | Rs.6.00+GST | |
| Q | CC/ OD renewal charges( with existing facility only) | 0.5% of Loan Amount +GST |
| R | Loan application Form | |
| Loan amount up to Rs.5 Lakhs | Rs.100+GST | |
| Loan amount above Rs.5 Lakhs | Rs.300+GST | |
| S | Loan processing charges( Excluding Gold Loan, Loan against FD, Loan Against NSC , Loan against Insurance and all type of Staff Loan) | 1% of Loan Amount +GST |
| T | Nominal Membership Charges | Rs.100+GST |
| U | Visit Charges to the Borrower ( within city) | Rs.500+GST |
| Visit Charges to the Borrower( Outside the city) | Rs.500+GST or Actual +GST (whichever is higher) | |
| V | No objection certificate after closer of Loan | Rs.300+GST |
| W | To take possession of movable property including Vehicle | Rs.5000+GST or Actual cost +GST ( whichever is higher) |
| X | Auction of Gold / Vehicle Notice Charges | Actual Cost +GST |
| Y | Loan Recovery | |
| 1st Notice | Rs.300+GST | |
| 2nd Notice | Rs.300+GST | |
| 3rd Notice/ Last Notice | Rs.500+GST | |
| Z | Gold Loan Insurance at the time of loan processing. | Nil |
| A1 | U/s.101 Advocate Notice | Rs.500+GST |
| A2 | U/s.101 Case Filing Charges | Actual Charges +GST |
| A3 | Non Filing of Stock Statement / Detailed Net working capital statements before 10th day of the each month by the Borrower. | 1.50% of Loan Amount+ GST |
| A4 | Duplicate Share Certificate with indemnity bound | Rs.100+GST |
| A5 | Stamp Duty & Registration Charges in all cases of loans/ Indemnity Bond/ Declaration Undertaking/ General power of Attorney/ Continuing Security/Letter of lien and set off / Mortgage Deed / Equitable Mortgage Deed/Affidavit ( As per circular - Government of Maharashtra) | |
| A6 | ATM Charges : | |
| I) | New ATM Card issue | Rs.150+GST |
| II) | Duplicate ATM Card issue | Rs.300+GST |
| III) | Repin Generation Charges | Rs.100+GST |
| IV) | ATM Maintenance Charges | Rs. 150 +GST |
| V) | ATM Financial Transaction Charges (1st Three Transactions Free) | Rs.25 +GST |
| VI) | ATM non Financial Transaction Charges | Rs. 10 + GST |
| A7 | ECS/ACH/NACH/NECS Inward & Out ward return Charges- Per Return upto Rs.100000 | Rs.300+GST |
| ECS/ACH/NACH/NECS Inward & Out ward return Charges- Per Return Above Rs.1 Lakh to Rs.10 Lakh | Rs.500+GST | |
| ECS/ACH/NACH/NECS Inward & Out ward return Charges- Per Return Above Rs.10 Lakh | Rs.750+GST | |
| A8 | Dormant A/c Charges - Half Yearly | Rs.100+GST |
| A9 | SMS Charges - Monthly | Rs.15+GST |