Service Charges

Service Charges effective From 01/01/2018
Sr.No. Particular / Nature of Service Particular Criteria Basic Amount
Rs. Ps.
CGST @ CGST @ Including GST Amount
Rs. Ps.
9% 9%
Amount
Rs. Ps.
Amount
Rs. Ps.
1 Minimum Balance No Frill Saving A/c Balance Zero - - - -
Regular Saving A/c (Without Cheque Book) Rs 500/- - - - -
Regular Saving A/c (With Cheque Book) Rs 1000/- - - - -
Regular Current A/c Rs 3000/- 25.00 2.25 2.25 29.50
2 Inoperative / Dormant A/c Saving A/c As per RBI Norms 50.00 4.50 4.50 59.00
Current A/c As per RBI Norms 100.00 9.00 9.00 118.00
3 Cheque Book Issue Saving A/c Per Leaf 2.50 0.23 0.23 2.96
Current A/c Per Leaf 2.50 0.23 0.23 2.96
Cash Credit / TPO / CFD ETC. Per Leaf 2.50 0.23 0.23 2.96
4 Duplicate Pass Book / Account Statement Saving A/c Per Pass Book 25.00 2.25 2.25 29.50
Current A/c Per Page 15.00 1.35 1.35 17.70
Cash Credit / TPO / CFD / Other Loans Per Page 15.00 1.35 1.35 17.70
5 Demand Draft / Pay Order Pay Order Upto 1000 5.08 0.46 0.46 6.00
1001 TO 20000 10.00 0.90 0.90 11.80
20001 & Above Rs.0.50 Per Thousand Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
HDFC Upto 1000 5.08 0.46 0.46 6.00
1001 TO 20000 10.00 0.90 0.90 11.80
20001 & Above Rs.0.50 Per Thousand Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
Demand Draft / Pay Order State Bank of India Per Thousand or Part thereof Rs.1.10 Per Thousand (Minimum Rs.15/-) Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
State Bank OF Mysore UPTO RS 5000/- 25.00 2.25 2.25 29.50
ABOVE RS 5,000/- UPTO RS 10,000/- 110.00 9.90 9.90 129.80
ABOVE RS.10,000/- UPTO RS 1,00,000/- Rs.5.50 Per Thousand or Part thereof Minimum Rs.55/- Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
ABOVE RS 1,00,000/- Rs.5/- Per Thousand or Part thereof Minimum Rs.550/- Maximum Rs.15255/- Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
Demand Draft / Pay Order (IF PURCHASED IN CASH) On Any Bank Per Thousand or Part thereof Rs.2.50 Per Thousand or Part thereof Minimum Rs.10/- Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
Demand Draft / Pay Order Revalidation & Cancellation Per Demand Draft / Pay Order 50.00 4.50 4.50 59.00
Duplicate Demand Draft / Pay Order Per Demand Draft / Pay Order 25.00 2.25 2.25 29.50
6 Cheque / Draft Discounting (GST Not Applicable) Cheque / Demand Draft / Pay Order / Banker's Cheque Discounting Per Thousand or Part thereof Rs.2.50 Per Thousand or Part thereof Minimum Rs.25/- Per Instrument Per Day - - Rs.2.50 Per Thousand or Part thereof Minimum Rs.25/- Per Instrument Per Day
7 Stop Payment Charges Per Instrument * Rs.22/- Per Cheque Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
Cancellation / Revocation of Stop Payment Per Instrument Rs. 22/- Per Instrument Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
8 Against Cheque Clearance Payment (Clearing Against) Only for Savings and Current A/c Per Thousand or Part thereof Rs.2.50 Per Thousand or Part thereof Minimum Rs.25/- Per Day - - Basic Charges (+) Applicable Taxes
9 OBC Collection Charges If Cheque is Realised Upto Rs 5000 25.00 2.25 2.25 29.50
Rs 5001 To 10000 50.00 4.50 4.50 59.00
Rs 10001 To 100000 100.00 9.00 9.00 118.00
Above 100000 Rs.150/- (+) Rs.25 Postage (+) Other Bank Commission Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
10 OBC Collection Charges If Cheque is Returned Upto 1000 10.00 0.90 0.90 11.80
From 1001 TO 10000 25.00 2.25 2.25 29.50
Above 10001 Rs.50/- (+) Rs.25 Postage (+) Other Bank Commission Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
11 IBC Collection Charges If Cheque / Bill is Realised * In case of Payment through NEFT/RTGS/DD take commission as applicable for NEFT/RTGS/DD Upto 1000 Rs.10/- (+) Rs.34/- Postage Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
From 1001 TO 10000 Rs.22/- (+) Rs.34/- Postage Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
10001 & Above Applicable DD Comm. (+) Postage & Stationery Charges Rs 34/- (Minimum Rs 56) Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
If Cheque / Bill is Returned Per Cheque / Bill Applicable Postage Charges + Handling Charges Rs. 25/- Per IBC Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
12 Cheque / ECS Return Charges Cheque Drawn On Us Return Unpaid Per Thousand, No Charges if no fault of Customer Per Thousand Rs 2.15/- Minimum. Rs 25/- Maximum. Rs 340/- No Charges If No Fault Of Customer Applicable Taxes Applicable Taxes Basic Charges (+) Applicable Taxes
Cheques deposited with us, returned unpaid. Per Instrument, No Charges, If No Fault Of Customer. 50.00 4.50 4.50 59.00
ECS Return
Minimum Rs.25.42
(Rs.30/- including GST)
Maximum Rs.338.98
(Rs.400/- including GST)
Per Thousand 2.00 0.18 0.18 2.36
13 RTGS / NEFT RTGS 2 Lac To 5 Lac 25.00 2.25 2.25 29.50
Above 5 Lac 50.00 4.50 4.50 59.00
NEFT Upto 10000 2.38 0.21 0.21 2.80
From 10000 To 1 Lac 4.66 0.42 0.42 5.50
From 1 Lac To 2 Lac 15.00 1.35 1.35 17.70
Above 2 Lac 25.00 2.25 2.25 29.50
14 ATM Card Charges New ATM card Issue Charges First Time FREE - - -
Duplicate ATM card Issue Charges Per ATM Card 100.00 9.00 9.00 118.00
Duplicate Pin mailer Issue Charges Per Pin mailer 50.00 4.50 4.50 59.00
Replacement of Damaged ATM Card. Per ATM Card 100.00 9.00 9.00 118.00
Cash withdrawal Charges after 5 Transaction Per Transaction 20.00 1.80 1.80 23.60
For Non Financial Transaction - Balance inquiry, Minimum Statement Per Enquiry 10.00 0.90 0.90 11.80
15 Lost Token Per Token 152.54 13.73 13.73 180.00
16 Signature Verification / Attestation ON Per Verification / Attestation 25.00 2.25 2.25 29.50
17 Solvency Certificate General Per Lac
Minimum
Maximum
100.00
500.00
5000.00
9.00
45.00
450.00
9.00
45.00
450.00
118.00
590.00
5900.00
Educational Purpose Per Lac
Minimum
Maximum
50.00
250.00
1000.00
4.50
22.50
90.00
4.50
22.50
90.00
59.00
295.00
1180.00
For extra each copy 100.00 9.00 9.00 118.00
18 E-Payment Charges Per E-Payment 50.00 4.50 4.50 59.00
19 SMS Charges Quarterly 15.00 1.35 1.35 17.70
* Note : - Current Applicable GST rate is @ 18% (CGST @ 9% and SGST @ 9%)


Service Charges Applicable for Various Loans -
 Effective From 01/07/2017
SR.NO SCHEME APPLICABLE CHARGES (Excluding GST) MAXIMUM (Excluding GST)
1 Ware House Receipt HYP Loan 0.1000% Of Loan Amount  
2 3 / 4 Wheeler Commercial use 0.2500% Of Loan Amount  
3 Rickshaw Old / New 0.2500% Of Loan Amount  
4 Wholesale Cloth Merchant 0.2500% Of Loan Amount  
5 Loan Against Future Rent Receivable 0.2500% Of Loan Amount  
6 Eco Friendly Karja Yojana 0.2500% Of Loan Amount  
7 Education Loan 0.2500% Of Loan Amount  
8 Hospital (Doctors) Scheme 0.2500% Of Loan Amount  
9 Professional (CA/ Advocate etc) Clean CC 0.2500% Of Loan Amount  
10 Gold Loan / NSC / LIP / KVP 0.2500% Of Loan Amount  
11 Cash Credit against Gold Loan 0.2500% Of Loan Amount  
12 Two Wheeler 0.3000% Of Loan Amount  
13 Four Wheeler 0.3000% Of Loan Amount  
14 Cash Credit Renewal 0.5000% Of Loan Amount 15000
15 TPO (OD) Renewal 0.5000% Of Loan Amount 15000
16 TPT (Traders Property  Term Loan) 0.5000% Of Loan Amount 50000
17 New Cash Credit 0.5000% Of Loan Amount 50000
18 Term Loan 0.5000% Of Loan Amount 50000
19 New TPO (OD)  0.5000% Of Loan Amount 50000
20 Education Institute Loan 0.5000% Of Loan Amount  
21 Loan against Deposit NIL NIL
22 Housing Loan Rs 250/- Per Lac  
23 Delay In Stock Statement If Stock form / Work In Progress form Not submitted before 10th of next month, 2.00% per annum On outstanding balance From the 1st day of the month till the date of submission, Maximum. Rs 1000/- per month  
24 Loan Closed Before Due Date - Commitment Charges    
A CC / TPO (Upto 10 Lac) No Charges  
B CC / TPO (For Limit Above 10 Lac) 2.00% Per Annum on Sanctioned Limit for Remaining Period of Limit.  
C Term Loan (For Limit Above 10 Lac)    
I For Individuals / Proprietorship Firm No Charges  
II Other Loans (Other then  Individuals / Proprietorship Firm) 2.00 % Per Annum on Advance Repayment Amount  
25 Stock Verification Charges    
A Upto 5 Lacs Rs 100/-  
B Above 5 Lacs Rs 250/-  
26 Loan Application Nominal Member,Share Application Form Fee    
  Loan Application Form Fee 1. Rs 101.70 (Rs.120/- including GST)
2. Hypo Rickshaw (For SC/ST'S) Rs 12.72/- (Rs.15/- including GST)
 
  Nominal Member, Share Application Form Fee Membership application Form - Rs.25.42 ( Rs 30/- including GST)
Nominal Membership application form – Rs 12.72/- (Rs.15/- including GST= )
 
  Membership List  Rs 1000/-  
  Byelaws Copy  Rs.25.42 (Rs.30/- including GST)  
       
27 Bank Guarantee / Letter Of Credit    
A Bank guarantee (Full cover of fixed deposit) Upto 5 Lacs Rs 100/- per annum & Above 5 Lac – Rs 20/- Per Lac. Per year.  
B Bank guarantee (covered by other security)   2.00% Per Annum On Bank Guarantee Amount (Minimum. Rs 200/-)   
C Bank guarantee / Letter Of Credit Availed From Other Banks    
I Availed From Saraswat Bank Amount Equal to Commission Debited by Saraswat Bank to Our Bank.  
II Availed From Bank Of Baroda Full Cover of Fixed Deposit - Rs 100/-  
30% of Secured Bank Guarantee -  Commission Debited By Bank Of Baroda + Same Amount Our Commission.  
D Letter Of Credit 2.00% per annum on sanctioned amount,
Minimum. Rs 100/- Per Year
 
       
* Note : - Current Applicable GST rate is @ 18% (CGST @ 9% and SGST @ 9%)