Service Charges

Service Charges INCLUSIVE OF GST effective From 01/01/2018



  Service Charges INCLUSIVE OF GST Effective From 01/01/2018
Sr.No. Particular / Nature of Service Particular Criteria Total Amount (in ₹)
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/- 29.50
2 Inoperative / Dormant A/c Saving A/c     59.00
Current A/c     118.00
         
3 Cheque Book Issue  Saving A/c    2.96
Current A/c    2.96
Cash Credit / TPO / CFD ETC.     2.96
         
4 Duplicate Pass Book / Account Statement Saving A/c (Per Passbook)   29.50
Current A/c (Per page)   17.70
Cash Credit / TPO / CFD / Other Loans (Per page)   17.70
         
5 Demand Draft / Pay Order Pay Order Upto 1000  6.00
1001 TO 20000  11.80
20001 & Above  Basic Charges (+) Applicable Taxes
HDFC Upto 1000   6.00
1001 TO 20000  11.80
20001 & Above  Basic Charges (+) Applicable Taxes
Demand Draft / Pay Order State Bank of India   Basic Charges (+) Applicable Taxes
State Bank OF Mysore UPTO RS 5000/- 29.50
ABOVE RS 5,000/- UPTO RS 10,000/- 129.80
ABOVE RS.10,000/- UPTO RS 1,00,000/- Basic Charges (+) Applicable Taxes
ABOVE RS 1,00,000/- Basic Charges (+) Applicable Taxes
Demand Draft / Pay Order (PURCHASED IN CASH) On Any Bank Per Thousand or Part thereof Basic Charges (+) Applicable Taxes
Demand Draft / Pay Order Revalidation & Cancellation    59.00
Duplicate Demand Draft    29.50
         
6 Cheque / Draft Discounting (GST Not Applicable )     Rs.2.50 Per Thousand or Part thereof Minimum Rs.25/- Per Instrument Per Day
         
7 Stop Payment       
Stop Payment Charges     Basic Charges (+) Applicable Taxes
Cancellation / Revocation of Stop Payment     Basic Charges (+) Applicable Taxes
         
8 Against Cheque Clearance  Payment (Only for Saving & Current A/c)     Basic Charges (+) Applicable Taxes
         
9 OBC Collection Charges (If Cheque Is Realised)   Upto Rs 5000 29.50
  Rs 5001 To 10000  59.00
  Rs 10001 To 100000   118.00
  Above 100000  Basic Charges (+) Applicable Taxes
         
10 OBC Collection Charges (If Cheque Is Returned)   Upto 1000   11.80
  From 1001 TO 10000   29.50
  Above 10001  Basic Charges (+) Applicable Taxes
         
11 IBC Collection Charges (If Cheque Is Realised) Realised

     *
In case of Payment through NEFT/RTGS/DD take commission as applicable for NEFT/RTGS/DD  
Upto 1000  Basic Charges (+) Applicable Taxes
From 1001 TO 10000 Basic Charges (+) Applicable Taxes
10001 & Above Basic Charges (+) Applicable Taxes
IBC Collection (If Return)   Basic Charges (+) Applicable Taxes
         
12 Cheque / ECS Return Charges Cheque Drawn On Us Return Unpaid    Basic Charges (+) Applicable Taxes
Cheques deposited with us, returned unpaid. Per Instrument,
No Charges, If No Fault Of Customer. 
59.00
ECS Return                                                           Minimum Rs.25.42                           (Rs.30/- including GST)                                       Maximum Rs.338.98 (Rs.400/- including GST) Per Thousand,  2.36
         
13 RTGS  /  NEFT RTGS 2 Lac To 5 Lac 29.50
Above 5 Lac 59.00
NEFT Upto 10000 2.80
From 10000 To 1 Lac 5.50
From 1 Lac To 2 Lac 17.70
Above 2 Lac 29.50
         
14 ATM Card Charges New ATM card Issue Charges   -
Duplicate ATM card Issue Charges    118.00
Duplicate Pin mailer Issue Charges    59.00
Replacement of Damage Card.     118.00
Cash withdrawal Charges after 5 Transaction  Per Transaction 23.60
For Non Financial Transaction - Balance inquiry, Minimum Statement Per Enquiry 11.80
         
15 Lost Token     180.00
         
16 Signature Verification / Attestation ON     29.50
         
17 Solvency Certificate General Per Lac                                                              Minimum                                                            Maximum 118.00                                           590.00                                          5900.00
Educational Purpose  Per Lac                                                              Minimum                                                            Maximum 59.00                                         295.00                                            1180.00
For extra each copy 118.00
         
18 E-Payment Charges     59.00
         
19 SMS Charges     17.70
         
* Note : - Current Applicable GST rate is @ 18% (CGST @ 9% and SGST @ 9%)
         


Service Charges Applicable for Various Loans



  Service Charges Applicable for Various Loans -    
SR.NO. SCHEME APPLICABLE CHARGES (Including GST) MAXIMUM (Including 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%)