Sr. no.

Area of Banking Service

Existing

Revised

Service Charges (Floor Rates)  (Cir. No.NNTRRB/HO/OPS/2006-07/O-20 DT.08/05/2006)

Service Charges inclusive of service tax @ 10.30%

Service Charges (Floor Rates)
w.e.f. 01/04/2010

Service Charges inclusive of service tax @ 10.30%

1

ADVANCES & GUARANTEES –
a) Processing Charges

1. Processing charges are to be recovered on per annum basis for all kink of advances at the time of initial processing as well as at each renewal (including agricultural advances)*

Upto Rs. 50000/-         Priority sector adv.  NIL
          All other    Min. Rs. 250/-

Above Rs. 50000/-            Priority sector Adv.
 Upto Rs. 2/-lacs                                 - NIL
All other     @ 0.5%, Min. Rs. 250/-

Above Rs. 2/- lacs             - @ 0.25%
& upto Rs. 1/- crore        Min. Rs. 1000/-

Above Rs. 1/- crore - @ 0.20%
                  Min. Rs. 25000/-
                  Max. rs. 500000/-

Processing charges for Ad-hoc sanction:
(to be recovered in full irrespective of the period for which the ad-hoc is sanctioned)
Upto Rs. 50000/-                 -       Nil
Above Rs. 50000/-              -  @ 0.50%
Upto Rs. 2/- lac                  - Min. Rs. 125/-

Above Rs. 2/- lac         - @ 0.25%
Upto Rs. 1/- crore        - Min. Rs. 1000/-

Above Rs. 1/- crore - @ 0.10%
                   Min. Rs. 25000/-
                 & Maxi. Rs. 500000/-

*Proviso:
i) No processing charges for fund based or non fund based facilities for staff members

ii) Processing charges for Term Loan at the time of each review should be recovered at half rate of our initial charges on the reviewed amount

iii) Lead bank charges/fee –mini. @ 0.125% p.a.
     No processing charges should be recovered where lead bank fee is being levied.
Iv) No processing charges for direct Agri. Adv. Upto Rs. 10 lacs

NIL
Rs. 276/-

NIL
0.56% Min. Rs. 276/-

0.28%
Min. Rs. 1103/-

0.22%
Min. Rs. 27575/-
Max. Rs. 551500/-

NIL
0.56%
Min. Rs. 138/-

0.28%
Min. Rs. 1103/-

0.11%
Min. Rs. 27575/-
Max. Rs. 551500/-

@ 0.138%

1. Processing charges are to be recovered on per annum basis for all kink of advances at the time of initial processing as well as at each renewal (including agricultural advances)*

Up to  Rs. 50000/-    Priority sector adv.          NIL
   All other -                         Min. Rs. 250/-

Above Rs. 50000/-   Priority sector Adv.       NIL
Up to Rs. 2/- lacs -  
                                     All others         @ 0.5%, Min. Rs. 250/-

Above Rs. 2/- lacs   - @ 0.25%
& upto Rs. 1/- crore   Min. Rs. 1000/-

Above Rs. 1/- crore - @ 0.20%
          Min. Rs. 25000/-
           Max. Rs. 500000/-

Processing charges for Ad-hoc sanction:
(to be recovered in full irrespective of the period for which the ad-hoc is sanctioned)
Upto Rs. 50000/-        -       Nil
Above Rs. 50000/-      -  @ 0.50%
Upto Rs. 2/- lac           - Min. Rs. 125/-

Above Rs. 2/- lac         - @ 0.25%
Upto Rs. 1/- crore        - Min. Rs. 1000/-

Above Rs. 1/- crore - @ 0.10%
                   Min. Rs. 25000/-
            & Maxi. Rs. 500000/-

*Proviso:
i) No processing charges for fund based or non fund based facilities for staff members

ii) Processing charges for Term Loan at the time of each review should be recovered at half rate of our initial charges on the reviewed amount

iii) Lead bank charges/fee - @ 0.20% p.a. on entire assessed fund based and non fund based working capital limit in consortium accounts subject to:
Min. Rs. 150000/-
Max. Rs. 2500000/-
   No processing charges should be recovered where lead bank fee is being levied.
iv) No processing charges for direct Agri. Adv. Upto Rs. 10 lacs

NIL
Rs. 276/-

NIL

0.56% Min. Rs. 276/-

0.28%
Min. rs. 1103/-

0.22%
Min. Rs. 27575/-
Max. Rs. 551500/-

NIL
0.56%
Min. Rs. 138/-
                   

0.28%
Min. Rs. 1103/-

0.11%
Min. Rs. 27575/-
Max. Rs. 551500/-

@0.22%

Min. Rs. 165450/-
Max. Rs. 2757500/-

(b) Processing charges for giving agreement in principal in respect of advances account

i) Full processing fee as per existing schedule of charges 

ii) An additional fee of Rs. 2/- lacs to be collected in respect of term loan applications where the amount of loan is over Rs. 1 crore (no separate additional fee need to be collected where only working capital facility are applied for)

The aforesaid will also be subject to the proviso that –
a) In case for any reason the final proposal is not sanctioned 50% of the fee collected (i.e. processing fee and additional fee) will be refunded.
b) In case the final proposal is sanctioned and the borrower avails the facility the advance fee collected will be adjusted/refunded against the total fee chargeable as per the extant guidelines.

Add service tax @ 10.30% on the additional fee of Rs. 2/- lacs

i)Full processing fee as per existing schedule of charges
 ii) An additional fee of Rs. 2/- lacs to be collected in respect of term loan applications where the amount of loan is over Rs. 1 crore (no separate additional fee need to be collected where only working capital facility are applied for)

The aforesaid will also be subject to the proviso that –
a) In case for any reason the final proposal is not sanctioned 50% of the fee collected (i.e. processing fee and additional fee) will be refunded.
b) In case the final proposal is sanctioned and the borrower avails the facility the advance fee collected will be adjusted/refunded against the total fee chargeable as per the extant guidelines

Add service tax @ 10.30% on the additional fee of Rs. 2/- lacs

( c )Retail Lending Schemes
Housing, consumer durable, two wheeler, personal computer, passenger car, loan to professional marriage loan, loan against property

 Branches to refer to the individual product profile for these provisions. The service charges are to be recovered as per the individual schemes. Wherever  not specified the same may be charged as under:
3% of limit sanctioned , max.Rs.2000/-
Documentation charges for the above schemes are to be additionally recovered as under wherever not specified in the individual scheme:

Upto Rs.50000/-                          NIL
>Rs.50000/- to Rs. 2 lacs            Rs.100/-
>Rs.2 lacs to Rs.5 lacs                 Rs.350/-
>Rs.5 lacs to Rs.20 lacs               Rs.1000/-
>Rs.20 lacs to Rs.25 lacs             Rs.1500/-
>Rs.25 lacs                                   Rs.3000/-

NOTES:

1. Charges are to be levied on sanctioned amount.
2. No. processing charges for advances against our own deposits.
3. In case of agricultural advances, processing charges are to be recovered on all fresh sanctions and renewals. No processing charges in case of Govt. sponsored schemes and direct agricultural advances up Rs. 10/- lacs
4. Loan against Govt. securities UTI/ Mutual Fund Unites, NSCs, KVPs, Rs. 100/- flat charges. In addition to flat charges out of pocket expenses & actual conveyance should also be recovered.
5. No charges on review/renewal in case of loans to individuals.
6. Processing charges are on per annum basis, i.e. if a proposal is reviewed after six months from the due date for a further period of 12 months, processing charges are to be levied for 18 months.
7. For allowing drawings against unclear effects (Adhoc) – a charge of Rs. 25/- per lac or part thereof with min. of Rs. 25/- and max. of Rs. 500/- be levied.
8. Advances under consortium: Processing charges to be levied as per consortium agreement.

9. Processing charges /Documentation charges in respect of housing loans--to be levied as per scheme advised from time to time/ if not contained in the scheme then to be charged as mentioned above.
10. Processing charges /documentation charges for Education loans, Gramin Bank Vyapar Yojna And other scheme related loan are to be recovered as per  the charges specified in the respective schemes.

NIL
111/-
386/-
1103/-
1545/-
3309/-

Loan against Govt. securities etc. Rs. 111/- flat charges.

Rs. 28/- per lac min. Rs. 28/-
 Max. Rs. 552/-

Branches to refer to the individual product profile for these provisions. The service charges are to be recovered as per the individual schemes. Wherever  not specified the same may be charged as under:
3% of limit sanctioned , max.Rs.2000/-
Documentation charges for the above schemes are to be additionally recovered as under wherever not specified in the individual scheme:

Upto Rs.50000/-                          NIL
>Rs.50000/- to Rs. 2 lacs            Rs.100/-
>Rs.2 lacs to Rs.5 lacs                 Rs.350/-
>Rs.5 lacs to Rs.20 lacs               Rs.1000/-
>Rs.20 lacs to Rs.25 lacs             Rs.1500/-
>Rs.25 lacs                                   Rs.3000/-

NOTES:

1. Charges are to be levied on sanctioned amount.
2. No. processing charges for advances against our own deposits.
3. In case of agricultural advances, processing charges are to be recovered on all fresh sanctions and renewals. No processing charges in case of Govt. sponsored schemes and direct agricultural advances up Rs. 10/- lac
4. Loan against Govt. securities UTI/ Mutual Fund Unites, NSCs, KVPs, Rs. 100/- flat charges. In addition to flat charges out of pocket expenses & actual conveyance should also be recovered.
5. No charges on review/renewal in case of loans to individuals.
6. Processing charges are on per annum basis, i.e. if a proposal is reviewed after six months from the due date for a further period of 12 months, processing charges are to be levied for 18 months.
7. For allowing drawings against unclear effects (Adhoc) – a charge of Rs. 25/- per lac or part thereof with min. of Rs. 25/- and max. of Rs. 500/- be levied.
8. Advances under consortium: Processing charges to be levied as per consortium agreement.

9. Processing charges /Documentation charges in respect of housing loans--to be levied as per scheme advised from time to time/ if not contained in the scheme then to be charged as mentioned above.
10. Processing charges /documentation charges for Education loans, Gramin Bank Vyapar Yojna And other scheme related loan are to be recovered as per the charges specified in the respective schemes.

NIL
111/-
386/-
1103/-
1545/-
3309/-

Loan against Govt. securities etc. Rs. 111/- flat charges.

Rs. 28/- per lac min. Rs. 28/-
 max. Rs. 552/-

2

GUARANTEES
a) Commission on inland guarantees

Performance Guarantees
0.50% per quarter and thereafter for completed months & part thereof, subject to a minimum charge for two quarters.

Financial Guarantees
0.75% per quarter and thereafter for completed month and part thereof, subject to a minimum charge for two quarters.

(Actual out of pocket expenses subject to a minimum of Rs. 150/- to be recovered for each guarantee upfront)

Concessions in Guarantee commission:
i) Secured by 100% cash margin or Term deposits- 25% of the amount of the normal commission plus out of pocket expenses to be charged.    Min. Rs. 150/-

ii)For individual transaction for over Rs.1.0crore:
Rs.1crore to Rs.10crore---50% concession
Above Rs 10 crore---------70% concession

0.56% per quarter

0.83 per quarter for completed month and part thereof.

Min. out of pocket expenses to be Rs. 166/-

Min. out of pocket expenses to be Rs. 166/-

Min. out of pocket expenses to be Rs. 166/-

Performance Guarantees
0.50% per quarter and thereafter for completed months & part thereof, subject to a minimum charge for two quarters.

Financial Guarantees
0.75% per quarter and thereafter for completed month and part thereof, subject to a minimum charge for two quarters.
(Actual out of pocket expenses subject to a minimum of Rs. 150/- to be recovered for each guarantee upfront)

Concessions in Guarantee commission:
i) Secured by 100% cash margin or Term deposits- 25% of the amount of the normal commission plus out of pocket expenses to be charged.    Min. Rs. 150/-

ii)For individual transaction for over Rs.1.0crore:
Rs.1crore to Rs.10crore---50% concession
Above Rs 10 crore---------70% concession

0.56% per quarter

0.83 per quarter for completed month and part thereof.
Min. out of pocket expenses to be Rs. 166/-

Min. out of pocket expenses to be Rs. 166/-

Min. out of pocket expenses to be Rs. 166/-

b) Refund for guarantees tendered for cancellation before the expiry date

c) Extended period of validity of guarantee due to restraints imposed by Court Orders at the instance of constituents from meeting their obligations to beneficiaries, when guarantees are invoked.

Refund for guarantees tendered for cancellation before the expiry date
Portion of Guarantee Commission already recovered be refunded as under:
An amount computed at half the original rate for the unexpired period of guarantee less -3- months, may be refunded as per rate charged originally (Should be for a complete month)
NOTE:
Any further concession is to be considered by the Head Office only.

Additional commission at applicable rate be charged.

Refund for guarantees tendered for cancellation before the expiry date
Portion of Guarantee Commission already recovered be refunded as under:
An amount computed at half the original rate for the unexpired period of guarantee less -3- months, may be refunded as per rate charged originally (Should be for a complete month)
NOTE:
Any further concession is to be considered by the Head Office only.

Additional commission at applicable rate be charged.

d) Remittances made by the Bank under Guarantee, co- acceptance or similar obligations.
e) Guarantee commission at above rates should also be recovered from staff members.

Commission/exchange as per our usual rates.

Guarantee commission & processing charges at above rates should also be recovered from staff members. However, no commission from the staff members to be recovered when guarantee is issued for education of his/her dependant children.

Commission/exchange as per our usual rates.

Guarantee commission & processing charges at above rates should also be recovered from staff members. However, no commission from the staff members to be recovered when guarantee is issued for education of his/her dependant children.

3

Documentation Charges (Fund based only)

Upto Rs. 50000/-                             Nil

Above Rs. 50000/- to           - Rs. 150/-
Rs. 2/- lac

Above Rs. 2 lacs to               - Rs. 1000/-
Rs. 5 lacs

Above Rs. 5 lacs                    - Rs. 1500/-
Upto Rs. 20 lacs

Above Rs. 20 lacs                -Rs. 2500/-
Upto Rs. 50 lacs

Above Rs. 50 lacs                - Rs. 4000/-
Upto Rs. 5 crores

Above Rs. 5 crores             - Rs. 10000/-

*Exemption for direct Agricultural advance

Doc. Charges upto Rs. 2 lacs     - Nil

>Rs. 2 lacs to Rs. 10 lacs      - 50% of above
                                                   charges

Note – When to be charged --
New sanctions (Entire fund based limits including DPG, Usance LC and Financial Guarantees)

At the time of obtaining the set of documents before disbursement.
Review with existing limits
No charge if no fresh/ additional documents are obtained.

Review with increased limits
For the entire amount of reviewed limit.
Ad-hoc limits – At the time of taking documents for ad-hoc limits.
Obtaining LAD – No Charges
Other Conditions:
Corporate accounts: Actual expenses incurred in registering charges with ROC to be recovered additionally.

No documentation charges for LABOD/ OD against bank’s own deposits, Loan against NSC, KVP, Govt. Securities & loan to staff members.
a) In respect of fresh sanctions/ new accounts branches should invariably recover the charges as above in cash or debiting account. If the party does not maintain any current/ savings bank account or for any other reason it is recovered to the debit of party’s loan/ cash credit account, branches should ensure that the amount so debited is recovered immediately and credited to the said loan/ CC account.
b) Documentation charges are to be credited to P/L Commission a/c (others code 5760)
c) For issuance of No. Objection Certificate or C.P. – Rs. 5000/- per occasion (no levy where Bank recovers issuing & paying agent charges as IPA)

Nil

Rs. 166/-

Rs. 1103/-

Rs. 1655/-

Rs. 2758/-

Rs. 4412/-

Rs. 11030/-

Rs. 5515/- per occasion

Upto Rs. 50000/-                             Nil

Above Rs. 50000/- to           - Rs. 150/-
Rs. 2/- lac

Above Rs. 2 lacs to               - Rs. 1000/-
Rs. 5 lacs

Above Rs. 5 lacs                    - Rs. 1500/-
Upto Rs. 20 lacs

Above Rs. 20 lacs                -Rs. 2500/-
Upto Rs. 50 lacs

Above Rs. 50 lacs                - Rs. 4000/-
Upto Rs. 5 crores

Above Rs. 5 crores             - Rs. 10000/-

*Exemption for direct Agricultural advance

Doc. Charges upto Rs. 2 lacs     - Nil

>Rs. 2 lacs to Rs. 10 lacs      - 50% of above
                                                   charges

Note – When to be charged --
New sanctions (Entire fund based limits including DPG, Usance LC and Financial Guarantees)

At the time of obtaining the set of documents before disbursement.
Review with existing limits
No charge if no fresh/ additional documents are obtained.

Review with increased limits
For the entire amount of reviewed limit.
Ad-hoc limits – At the time of taking documents for ad-hoc limits.
Obtaining LAD – No Charges
Other Conditions:
Corporate accounts: Actual expenses incurred in registering charges with ROC to be recovered additionally.

No documentation charges for LABOD/ OD against bank’s own deposits, Loan against NSC, KVP, Govt. Securities & loan to staff members.
a) In respect of fresh sanctions/ new accounts branches should invariably recover the charges as above in cash or debiting account. If the party does not maintain any current/ savings bank account or for any other reason it is recovered to the debit of party’s loan/ cash credit account, branches should ensure that the amount so debited is recovered immediately and credited to the said loan/ CC account.
b) Documentation charges are to be credited to P/L Commission a/c (others code 5760)
c) For issuance of No. Objection Certificate or C.P. – Rs. 5000/- per occasion (no levy where Bank recovers issuing & paying agent charges as IPA)

Nil

Rs. 166/-

Rs. 1103/-

Rs. 1655/-

Rs. 2758/-

Rs. 4412/-

Rs. 11030/-

Rs. 5515/- per occasion

4

Charges for carrying out inspection of securities charged to the Bank.

Accounts with limits
Upto Rs. 50000/-                  - Nil

>Rs. 50000/- to               -Rs. 150/- per
Rs. 2 lacs                            inspection

>Rs. 2 lacs to                   -Rs. 250/- per
Rs. 20 lacs                         inspection

>Rs. 20 lacs to               - Rs. 750/- per
Rs. 1 crore                        inspection

>Rs. 1crore to                - Rs. 3000/- per
Rs. 5 crore                     inspection

Above Rs. 5 crore        – Rs. 5000/- per
                                          Inspection

In addition to the above actual conveyance and out of pocket expanses reimbursed to be recovered.

*Charges for stock audit of accounts with limits Rs. 5/- crore and above assigned to concurrent auditors/auditors to be recovered on actual basis as per schedule/ charges decided by Regional authorities.
Inspection charges for the ‘Weaker Section’ will be 50% of the above.

Nil

Rs. 166/- per insp.

Rs. 276/- per insp.

Rs. 828/- per insp.

Rs. 3309/- per insp.

Rs. 5515/- per insp.

Charges to be recovered together with Service Tax @ 10.30%

Accounts with limits
Upto Rs. 50000/-                  - Nil

>Rs. 50000/- to               -Rs. 150/- per
Rs. 2 lacs                            inspection

>Rs. 2 lacs to                   -Rs. 250/- per
Rs. 20 lacs                         inspection

>Rs. 20 lacs to                - Rs. 750/- per
Rs. 1 crore                        inspection

>Rs. 1crore to                - Rs. 3000/- per
Rs. 5 crore                        inspection

Above Rs. 5 crore         – Rs. 5000/- per
                                           Inspection

In addition to the above actual conveyance and out of pocket expanses reimbursed to be recovered.

*Charges for stock audit of accounts with limits Rs. 5/- crore and above assigned to concurrent auditors/auditors to be recovered on actual basis as per schedule/ charges decided by Regional authorities.
Inspection charges for the ‘Weaker Section’ will be 50% of the above.

Nil

Rs. 166/- per insp.

Rs. 276/- per insp.

Rs. 828/- per insp.

Rs. 3309/- per insp.

Rs. 5515/- per insp.

Charges to be recovered together with Service Tax @ 10.30%

5

Bill purchased/Discounted or advances there against –
Exchange/Commission
For cheques/bills
i)
a) On instruments drawn on
our branches other banks :
where do not have branches           Exchange @ 35 paisa%
do not have branches.                          + collection charges

b) For instruments drawn on other Banks:
Where we do not have branches.         Exchange @ 70 paisa %
                                                                   Plus collection charges

NOTE :- The above covers interest for 10 days for (a) & 14 days for (b).

ii)

a) On cheques/bills returned unpaid penal interest @ 2% + (BPLR + 3%) p.a. from 11th/15th days of purchase as the case may be till the date of reimbursement.

b) Overdue interest to be charges @ 2% over the applicable rate (document rate) on cheques/bill from 11th/15th day of the case may be.

NOTE:
1. Usual collection charges as applicable for the respective slab (Section III-1) are to be levied in all cases in addition to interest.

2. Collecting Banks’ charges, if any, should be recovered in full.

3. When the bills are tendered for discount under the Bills Rediscounting scheme, besides collecting the discount at the prevailing rates, normal service, charges like actual conveyance and actual out of pocket expenses reimbursed etc., in sending the bills to SIDBI/IDBI also to be collected.

4. “Date of actual reimbursement” means:
a) Where a Bill is sent to our branch, the date on which funds are actually received at the Drawee Centre.
B) Where Bills are sent to other Bands or where instruments are returned unpaid, the date of reversal of the B.P. entry at the purchasing branch.

5. For collection of supply Bills, commission is to be charged as per the schedule. (Section III-3).
6. Charge of original instruction in respect of Bills purchased/discounted – Rs. 50/- per request.

@ 39 paisa % + collection charges

@ 77 paisa % + collection charges

Rs. 56/- per request

Bill purchased/Discounted or advances there against –
Exchange/Commission
For cheques/bills
i)
a) On instruments drawn on
our branches other banks:
 where do not have branches           Exchange @ 35 paisa%
do not have branches.                          + collection charges

b) For instruments drawn on other Banks:
Where we do not have branches.     Exchange @ 70 paisa %
                                                              Plus collection charges

NOTE :- The above covers interest for 10 days for (a) & 14 days for (b).
ii)

a) On cheques/bills returned unpaid penal interest @ 2% + (BPLR + 3%) p.a. from 11th/15th days of purchase as the case may be till the date of reimbursement.
b) Overdue interest to be charges @ 2% over the applicable rate (document rate) on cheques/bill from 11th/15th day of the case may be.

NOTE:
1. Usual collection charges as applicable for the respective slab (Section III-1) are to be levied in all cases in addition to interest.
2. Collecting Banks’ charges, if any, should be recovered in full.
3. When the bills are tendered for discount under the Bills Rediscounting scheme, besides collecting the discount at the prevailing rates, normal service, charges like actual conveyance and actual out of pocket expenses reimbursed etc., in sending the bills to SIDBI/IDBI also to be collected.
4. “Date of actual reimbursement” means:
a) Where a Bill is sent to our branch, the date on which funds are actually received at the Drawee Centre.
B) Where Bills are sent to other Bands or where instruments are returned unpaid, the date of reversal of the B.P. entry at the purchasing branch.
5. For collection of supply Bills, commission is to be charged as per the schedule. (Section III-3).
6. Charge of original instruction in respect of Bills purchased/discounted – Rs. 50/- per request.

@ 39 paisa % + collection charges

@ 77 paisa % + collection charges

Rs. 56/- per request

Sr. no.

Area of Banking Service

Existing

Revised

Service Charges (Floor Rates)  (Cir. No.NNTRRB/HO/OPS/2006-07/O-20 DT.08/05/2006)

Service Charges inclusive of service tax @ 10.30%

Service Charges (Floor Rates)
w.e.f. 01/04/2010

Service Charges inclusive of service tax @ 10.30%

1

ADVANCES & GUARANTEES –
a) Processing Charges

1. Processing charges are to be recovered on per annum basis for all kink of advances at the time of initial processing as well as at each renewal (including agricultural advances)*

Upto Rs. 50000/-         Priority sector adv.  NIL
                                       All other    Min. Rs. 250/-

Above Rs. 50000/-            Priority sector Adv.
 Upto Rs. 2/- lacs                                 - NIL
             All other     @ 0.5%, Min. Rs. 250/-

Above Rs. 2/- lacs             - @ 0.25%
& upto Rs. 1/- crore        Min. Rs. 1000/-

Above Rs. 1/- crore - @ 0.20%
                                     Min. Rs. 25000/-
                                     Max. rs. 500000/-

Processing charges for Ad-hoc sanction:
(to be recovered in full irrespective of the period for which the ad-hoc is sanctioned)
Upto Rs. 50000/-                 -       Nil
Above Rs. 50000/-              -  @ 0.50%
Upto Rs. 2/- lac                  - Min. Rs. 125/-

Above Rs. 2/- lac         - @ 0.25%
Upto Rs. 1/- crore        - Min. Rs. 1000/-

Above Rs. 1/- crore - @ 0.10%
                                     Min. Rs. 25000/-
                                   & Maxi. Rs. 500000/-

*Proviso:
i) No processing charges for fund based or non fund based facilities for staff members

ii) Processing charges for Term Loan at the time of each review should be recovered at half rate of our initial charges on the reviewed amount

iii) Lead bank charges/fee –mini. @ 0.125% p.a.
     No processing charges should be recovered where lead bank fee is being levied.
Iv) No processing charges for direct Agri. Adv. Upto Rs. 10 lacs

NIL
Rs. 276/-

NIL
0.56% Min. Rs. 276/-

0.28%
Min. Rs. 1103/-

0.22%
Min. Rs. 27575/-
Max. Rs. 551500/-

NIL
0.56%
Min. Rs. 138/-

                   
0.28%
Min. Rs. 1103/-

0.11%
Min. Rs. 27575/-
Max. Rs. 551500/-

@ 0.138%

1. Processing charges are to be recovered on per annum basis for all kink of advances at the time of initial processing as well as at each renewal (including agricultural advances)*

Up to  Rs. 50000/-    Priority sector adv.          NIL
                                   All other -                         Min. Rs. 250/-

Above Rs. 50000/-   Priority sector Adv.       NIL
Up to Rs. 2/- lacs -  
                                     All others         @ 0.5%, Min. Rs. 250/-

Above Rs. 2/- lacs   - @ 0.25%
& upto Rs. 1/- crore   Min. Rs. 1000/-

Above Rs. 1/- crore - @ 0.20%
                                     Min. Rs. 25000/-
                                     Max. Rs. 500000/-

Processing charges for Ad-hoc sanction:
(to be recovered in full irrespective of the period for which the ad-hoc is sanctioned)
Upto Rs. 50000/-        -       Nil
Above Rs. 50000/-      -  @ 0.50%
Upto Rs. 2/- lac           - Min. Rs. 125/-

Above Rs. 2/- lac         - @ 0.25%
Upto Rs. 1/- crore        - Min. Rs. 1000/-

Above Rs. 1/- crore - @ 0.10%
                                     Min. Rs. 25000/-
                                   & Maxi. Rs. 500000/-

*Proviso:
i) No processing charges for fund based or non fund based facilities for staff members

ii) Processing charges for Term Loan at the time of each review should be recovered at half rate of our initial charges on the reviewed amount

iii) Lead bank charges/fee - @ 0.20% p.a. on entire assessed fund based and non fund based working capital limit in consortium accounts subject to:
Min. Rs. 150000/-
Max. Rs. 2500000/-
   No processing charges should be recovered where lead bank fee is being levied.
iv) No processing charges for direct Agri. Adv. Upto Rs. 10 lacs

NIL
Rs. 276/-

NIL

0.56% Min. Rs. 276/-

0.28%
Min. rs. 1103/-

0.22%
Min. Rs. 27575/-
Max. Rs. 551500/-

NIL
0.56%
Min. Rs. 138/-
                   
0.28%
Min. Rs. 1103/-

0.11%
Min. Rs. 27575/-
Max. Rs. 551500/-

@0.22%

Min. Rs. 165450/-
Max. Rs. 2757500/-

(b) Processing charges for giving agreement in principal in respect of advances account

i) Full processing fee as per existing schedule of charges 

ii) An additional fee of Rs. 2/- lacs to be collected in respect of term loan applications where the amount of loan is over Rs. 1 crore (no separate additional fee need to be collected where only working capital facility are applied for)

The aforesaid will also be subject to the proviso that –
a) In case for any reason the final proposal is not sanctioned 50% of the fee collected (i.e. processing fee and additional fee) will be refunded.
b) In case the final proposal is sanctioned and the borrower avails the facility the advance fee collected will be adjusted/refunded against the total fee chargeable as per the extant guidelines.

Add service tax @ 10.30% on the additional fee of Rs. 2/- lacs

i)Full processing fee as per existing schedule of charges
 ii) An additional fee of Rs. 2/- lacs to be collected in respect of term loan applications where the amount of loan is over Rs. 1 crore (no separate additional fee need to be collected where only working capital facility are applied for)

The aforesaid will also be subject to the proviso that –
a) In case for any reason the final proposal is not sanctioned 50% of the fee collected (i.e. processing fee and additional fee) will be refunded.
b) In case the final proposal is sanctioned and the borrower avails the facility the advance fee collected will be adjusted/refunded against the total fee chargeable as per the extant guidelines

Add service tax @ 10.30% on the additional fee of Rs. 2/- lacs

( c )Retail Lending Schemes
Housing, consumer durable, two wheeler, personal computer, passenger car, loan to professional marriage loan, loan against property

 Branches to refer to the individual product profile for these provisions. The service charges are to be recovered as per the individual schemes. Wherever  not specified the same may be charged as under:
3% of limit sanctioned , max.Rs.2000/-
Documentation charges for the above schemes are to be additionally recovered as under wherever not specified in the individual scheme:

Upto Rs.50000/-                          NIL
>Rs.50000/- to Rs. 2 lacs            Rs.100/-
>Rs.2 lacs to Rs.5 lacs                 Rs.350/-
>Rs.5 lacs to Rs.20 lacs               Rs.1000/-
>Rs.20 lacs to Rs.25 lacs             Rs.1500/-
>Rs.25 lacs                                   Rs.3000/-

NOTES:

1. Charges are to be levied on sanctioned amount.
2. No. processing charges for advances against our own deposits.
3. In case of agricultural advances, processing charges are to be recovered on all fresh sanctions and renewals. No processing charges in case of Govt. sponsored schemes and direct agricultural advances up Rs. 10/- lacs
4. Loan against Govt. securities UTI/ Mutual Fund Unites, NSCs, KVPs, Rs. 100/- flat charges. In addition to flat charges out of pocket expenses & actual conveyance should also be recovered.
5. No charges on review/renewal in case of loans to individuals.
6. Processing charges are on per annum basis, i.e. if a proposal is reviewed after six months from the due date for a further period of 12 months, processing charges are to be levied for 18 months.
7. For allowing drawings against unclear effects (Adhoc) – a charge of Rs. 25/- per lac or part thereof with min. of Rs. 25/- and max. of Rs. 500/- be levied.
8. Advances under consortium: Processing charges to be levied as per consortium agreement.

9. Processing charges /Documentation charges in respect of housing loans--to be levied as per scheme advised from time to time/ if not contained in the scheme then to be charged as mentioned above.
10. Processing charges /documentation charges for Education loans, Gramin Bank Vyapar Yojna And other scheme related loan are to be recovered as per  the charges specified in the respective schemes.

NIL
111/-
386/-
1103/-
1545/-
3309/-

Loan against Govt. securities etc. Rs. 111/- flat charges.

Rs. 28/- per lac min. Rs. 28/-
 Max. Rs. 552/-

Branches to refer to the individual product profile for these provisions. The service charges are to be recovered as per the individual schemes. Wherever  not specified the same may be charged as under:
3% of limit sanctioned , max.Rs.2000/-
Documentation charges for the above schemes are to be additionally recovered as under wherever not specified in the individual scheme:

Upto Rs.50000/-                          NIL
>Rs.50000/- to Rs. 2 lacs            Rs.100/-
>Rs.2 lacs to Rs.5 lacs                 Rs.350/-
>Rs.5 lacs to Rs.20 lacs               Rs.1000/-
>Rs.20 lacs to Rs.25 lacs             Rs.1500/-
>Rs.25 lacs                                   Rs.3000/-

NOTES:

1. Charges are to be levied on sanctioned amount.
2. No. processing charges for advances against our own deposits.
3. In case of agricultural advances, processing charges are to be recovered on all fresh sanctions and renewals. No processing charges in case of Govt. sponsored schemes and direct agricultural advances up Rs. 10/- lac
4. Loan against Govt. securities UTI/ Mutual Fund Unites, NSCs, KVPs, Rs. 100/- flat charges. In addition to flat charges out of pocket expenses & actual conveyance should also be recovered.
5. No charges on review/renewal in case of loans to individuals.
6. Processing charges are on per annum basis, i.e. if a proposal is reviewed after six months from the due date for a further period of 12 months, processing charges are to be levied for 18 months.
7. For allowing drawings against unclear effects (Adhoc) – a charge of Rs. 25/- per lac or part thereof with min. of Rs. 25/- and max. of Rs. 500/- be levied.
8. Advances under consortium: Processing charges to be levied as per consortium agreement.

9. Processing charges /Documentation charges in respect of housing loans--to be levied as per scheme advised from time to time/ if not contained in the scheme then to be charged as mentioned above.
10. Processing charges /documentation charges for Education loans, Gramin Bank Vyapar Yojna And other scheme related loan are to be recovered as per the charges specified in the respective schemes.

NIL
111/-
386/-
1103/-
1545/-
3309/-

Loan against Govt. securities etc. Rs. 111/- flat charges.

Rs. 28/- per lac min. Rs. 28/-
 max. Rs. 552/-

2

GUARANTEES
a) Commission on inland guarantees

Performance Guarantees
0.50% per quarter and thereafter for completed months & part thereof, subject to a minimum charge for two quarters.

Financial Guarantees
0.75% per quarter and thereafter for completed month and part thereof, subject to a minimum charge for two quarters.

(Actual out of pocket expenses subject to a minimum of Rs. 150/- to be recovered for each guarantee upfront)

Concessions in Guarantee commission:
i) Secured by 100% cash margin or Term deposits- 25% of the amount of the normal commission plus out of pocket expenses to be charged.    Min. Rs. 150/-

ii)For individual transaction for over Rs.1.0crore:
Rs.1crore to Rs.10crore---50% concession
Above Rs 10 crore---------70% concession

0.56% per quarter

0.83 per quarter for completed month and part thereof.

Min. out of pocket expenses to be Rs. 166/-

Min. out of pocket expenses to be Rs. 166/-

Min. out of pocket expenses to be Rs. 166/-

Performance Guarantees
0.50% per quarter and thereafter for completed months & part thereof, subject to a minimum charge for two quarters.

Financial Guarantees
0.75% per quarter and thereafter for completed month and part thereof, subject to a minimum charge for two quarters.
(Actual out of pocket expenses subject to a minimum of Rs. 150/- to be recovered for each guarantee upfront)

Concessions in Guarantee commission:
i) Secured by 100% cash margin or Term deposits- 25% of the amount of the normal commission plus out of pocket expenses to be charged.    Min. Rs. 150/-

ii)For individual transaction for over Rs.1.0crore:
Rs.1crore to Rs.10crore---50% concession
Above Rs 10 crore---------70% concession

0.56% per quarter

0.83 per quarter for completed month and part thereof.
Min. out of pocket expenses to be Rs. 166/-

Min. out of pocket expenses to be Rs. 166/-

Min. out of pocket expenses to be Rs. 166/-

b) Refund for guarantees tendered for cancellation before the expiry date

c) Extended period of validity of guarantee due to restraints imposed by Court Orders at the instance of constituents from meeting their obligations to beneficiaries, when guarantees are invoked.

Refund for guarantees tendered for cancellation before the expiry date
Portion of Guarantee Commission already recovered be refunded as under:
An amount computed at half the original rate for the unexpired period of guarantee less -3- months, may be refunded as per rate charged originally (Should be for a complete month)
NOTE:
Any further concession is to be considered by the Head Office only.

Additional commission at applicable rate be charged.

Refund for guarantees tendered for cancellation before the expiry date
Portion of Guarantee Commission already recovered be refunded as under:
An amount computed at half the original rate for the unexpired period of guarantee less -3- months, may be refunded as per rate charged originally (Should be for a complete month)
NOTE:
Any further concession is to be considered by the Head Office only.

Additional commission at applicable rate be charged.

d) Remittances made by the Bank under Guarantee, co- acceptance or similar obligations.
e) Guarantee commission at above rates should also be recovered from staff members.

Commission/exchange as per our usual rates.

Guarantee commission & processing charges at above rates should also be recovered from staff members. However, no commission from the staff members to be recovered when guarantee is issued for education of his/her dependant children.

Commission/exchange as per our usual rates.

Guarantee commission & processing charges at above rates should also be recovered from staff members. However, no commission from the staff members to be recovered when guarantee is issued for education of his/her dependant children.

3

Documentation Charges (Fund based only)

Upto Rs. 50000/-                             Nil

Above Rs. 50000/- to           - Rs. 150/-
Rs. 2/- lac

Above Rs. 2 lacs to               - Rs. 1000/-
Rs. 5 lacs

Above Rs. 5 lacs                    - Rs. 1500/-
Upto Rs. 20 lacs

Above Rs. 20 lacs                -Rs. 2500/-
Upto Rs. 50 lacs

Above Rs. 50 lacs                - Rs. 4000/-
Upto Rs. 5 crores

Above Rs. 5 crores             - Rs. 10000/-

*Exemption for direct Agricultural advance

Doc. Charges upto Rs. 2 lacs     - Nil

>Rs. 2 lacs to Rs. 10 lacs      - 50% of above
                                                   charges

Note – When to be charged --
New sanctions (Entire fund based limits including DPG, Usance LC and Financial Guarantees)

At the time of obtaining the set of documents before disbursement.
Review with existing limits
No charge if no fresh/ additional documents are obtained.

Review with increased limits
For the entire amount of reviewed limit.
Ad-hoc limits – At the time of taking documents for ad-hoc limits.
Obtaining LAD – No Charges
Other Conditions:
Corporate accounts: Actual expenses incurred in registering charges with ROC to be recovered additionally.

No documentation charges for LABOD/ OD against bank’s own deposits, Loan against NSC, KVP, Govt. Securities & loan to staff members.
a) In respect of fresh sanctions/ new accounts branches should invariably recover the charges as above in cash or debiting account. If the party does not maintain any current/ savings bank account or for any other reason it is recovered to the debit of party’s loan/ cash credit account, branches should ensure that the amount so debited is recovered immediately and credited to the said loan/ CC account.
b) Documentation charges are to be credited to P/L Commission a/c (others code 5760)
c) For issuance of No. Objection Certificate or C.P. – Rs. 5000/- per occasion (no levy where Bank recovers issuing & paying agent charges as IPA)

Nil

Rs. 166/-

Rs. 1103/-

Rs. 1655/-

Rs. 2758/-

Rs. 4412/-

Rs. 11030/-

Rs. 5515/- per occasion

Upto Rs. 50000/-                             Nil

Above Rs. 50000/- to           - Rs. 150/-
Rs. 2/- lac

Above Rs. 2 lacs to               - Rs. 1000/-
Rs. 5 lacs

Above Rs. 5 lacs                    - Rs. 1500/-
Upto Rs. 20 lacs

Above Rs. 20 lacs                -Rs. 2500/-
Upto Rs. 50 lacs

Above Rs. 50 lacs                - Rs. 4000/-
Upto Rs. 5 crores

Above Rs. 5 crores             - Rs. 10000/-

*Exemption for direct Agricultural advance

Doc. Charges upto Rs. 2 lacs     - Nil

>Rs. 2 lacs to Rs. 10 lacs      - 50% of above
                                                   charges

Note – When to be charged --
New sanctions (Entire fund based limits including DPG, Usance LC and Financial Guarantees)

At the time of obtaining the set of documents before disbursement.
Review with existing limits
No charge if no fresh/ additional documents are obtained.

Review with increased limits
For the entire amount of reviewed limit.
Ad-hoc limits – At the time of taking documents for ad-hoc limits.
Obtaining LAD – No Charges
Other Conditions:
Corporate accounts: Actual expenses incurred in registering charges with ROC to be recovered additionally.

No documentation charges for LABOD/ OD against bank’s own deposits, Loan against NSC, KVP, Govt. Securities & loan to staff members.
a) In respect of fresh sanctions/ new accounts branches should invariably recover the charges as above in cash or debiting account. If the party does not maintain any current/ savings bank account or for any other reason it is recovered to the debit of party’s loan/ cash credit account, branches should ensure that the amount so debited is recovered immediately and credited to the said loan/ CC account.
b) Documentation charges are to be credited to P/L Commission a/c (others code 5760)
c) For issuance of No. Objection Certificate or C.P. – Rs. 5000/- per occasion (no levy where Bank recovers issuing & paying agent charges as IPA)

Nil

Rs. 166/-

Rs. 1103/-

Rs. 1655/-

Rs. 2758/-

Rs. 4412/-

Rs. 11030/-

Rs. 5515/- per occasion

4

Charges for carrying out inspection of securities charged to the Bank.

Accounts with limits
Upto Rs. 50000/-                  - Nil

>Rs. 50000/- to               -Rs. 150/- per
Rs. 2 lacs                            inspection

>Rs. 2 lacs to                   -Rs. 250/- per
Rs. 20 lacs                         inspection

>Rs. 20 lacs to               - Rs. 750/- per
Rs. 1 crore                        inspection

>Rs. 1crore to                - Rs. 3000/- per
Rs. 5 crore                     inspection

Above Rs. 5 crore        – Rs. 5000/- per
                                          Inspection

In addition to the above actual conveyance and out of pocket expanses reimbursed to be recovered.

*Charges for stock audit of accounts with limits Rs. 5/- crore and above assigned to concurrent auditors/auditors to be recovered on actual basis as per schedule/ charges decided by Regional authorities.
Inspection charges for the ‘Weaker Section’ will be 50% of the above.

Nil

Rs. 166/- per insp.

Rs. 276/- per insp.

Rs. 828/- per insp.

Rs. 3309/- per insp.

Rs. 5515/- per insp.

Charges to be recovered together with Service Tax @ 10.30%

Accounts with limits
Upto Rs. 50000/-                  - Nil

>Rs. 50000/- to               -Rs. 150/- per
Rs. 2 lacs                            inspection

>Rs. 2 lacs to                   -Rs. 250/- per
Rs. 20 lacs                         inspection

>Rs. 20 lacs to                - Rs. 750/- per
Rs. 1 crore                        inspection

>Rs. 1crore to                - Rs. 3000/- per
Rs. 5 crore                        inspection

Above Rs. 5 crore         – Rs. 5000/- per
                                           Inspection

In addition to the above actual conveyance and out of pocket expanses reimbursed to be recovered.

*Charges for stock audit of accounts with limits Rs. 5/- crore and above assigned to concurrent auditors/auditors to be recovered on actual basis as per schedule/ charges decided by Regional authorities.
Inspection charges for the ‘Weaker Section’ will be 50% of the above.

Nil

Rs. 166/- per insp.

Rs. 276/- per insp.

Rs. 828/- per insp.

Rs. 3309/- per insp.

Rs. 5515/- per insp.

Charges to be recovered together with Service Tax @ 10.30%

5

Bill purchased/Discounted or advances there against –
Exchange/Commission
For cheques/bills
i)
a) On instruments drawn on
our branches other banks :
where do not have branches           Exchange @ 35 paisa%
do not have branches.                          + collection charges

b) For instruments drawn on other Banks:
Where we do not have branches.         Exchange @ 70 paisa %
                                                                   Plus collection charges

NOTE :- The above covers interest for 10 days for (a) & 14 days for (b).

ii)

a) On cheques/bills returned unpaid penal interest @ 2% + (BPLR + 3%) p.a. from 11th/15th days of purchase as the case may be till the date of reimbursement.

b) Overdue interest to be charges @ 2% over the applicable rate (document rate) on cheques/bill from 11th/15th day of the case may be.

NOTE:
1. Usual collection charges as applicable for the respective slab (Section III-1) are to be levied in all cases in addition to interest.

2. Collecting Banks’ charges, if any, should be recovered in full.

3. When the bills are tendered for discount under the Bills Rediscounting scheme, besides collecting the discount at the prevailing rates, normal service, charges like actual conveyance and actual out of pocket expenses reimbursed etc., in sending the bills to SIDBI/IDBI also to be collected.

4. “Date of actual reimbursement” means:
a) Where a Bill is sent to our branch, the date on which funds are actually received at the Drawee Centre.
B) Where Bills are sent to other Bands or where instruments are returned unpaid, the date of reversal of the B.P. entry at the purchasing branch.

5. For collection of supply Bills, commission is to be charged as per the schedule. (Section III-3).
6. Charge of original instruction in respect of Bills purchased/discounted – Rs. 50/- per request.

@ 39 paisa % + collection charges

@ 77 paisa % + collection charges

Rs. 56/- per request

Bill purchased/Discounted or advances there against –
Exchange/Commission
For cheques/bills
i)
a) On instruments drawn on
our branches other banks:
 where do not have branches           Exchange @ 35 paisa%
do not have branches.                          + collection charges

b) For instruments drawn on other Banks:
Where we do not have branches.     Exchange @ 70 paisa %
                                                              Plus collection charges

NOTE :- The above covers interest for 10 days for (a) & 14 days for (b).
ii)

a) On cheques/bills returned unpaid penal interest @ 2% + (BPLR + 3%) p.a. from 11th/15th days of purchase as the case may be till the date of reimbursement.
b) Overdue interest to be charges @ 2% over the applicable rate (document rate) on cheques/bill from 11th/15th day of the case may be.

NOTE:
1. Usual collection charges as applicable for the respective slab (Section III-1) are to be levied in all cases in addition to interest.
2. Collecting Banks’ charges, if any, should be recovered in full.
3. When the bills are tendered for discount under the Bills Rediscounting scheme, besides collecting the discount at the prevailing rates, normal service, charges like actual conveyance and actual out of pocket expenses reimbursed etc., in sending the bills to SIDBI/IDBI also to be collected.
4. “Date of actual reimbursement” means:
a) Where a Bill is sent to our branch, the date on which funds are actually received at the Drawee Centre.
B) Where Bills are sent to other Bands or where instruments are returned unpaid, the date of reversal of the B.P. entry at the purchasing branch.
5. For collection of supply Bills, commission is to be charged as per the schedule. (Section III-3).
6. Charge of original instruction in respect of Bills purchased/discounted – Rs. 50/- per request.

@ 39 paisa % + collection charges

@ 77 paisa % + collection charges

Rs. 56/- per request

6
6.1

6.2

6.3

Charges for all inland L/Cs
Usance Charges:
Usance charge according to the tenor of the Bill as under:
For Bills upto 30 days’ sight       - 0.20%
Over 30 days                                - 0.30% for the first 3 months and
                                                        0.10% p.m. for the period of
                                                         over 3 months.

Commitment Charges:
0.25% for every three months or part thereof for the entire period of liability (i.e. date of opening of LC to last date of its validity)

(All the above charges are subject to a min. of Rs. 500/- i.e. Usance plus commitment charges)

a) Usance charges in respect of inland LC is to be recovered as per the tenor of the bill. No additional usance charges are to be recovered in case of overdue bills for the overdue period and only overdue interest to be charged.

b) No collection charges like IBC charges other than LC charges are to be recovered by the opening branch in respect of bills received under its LC.

Extension/Amendment of LC
Commitment charge @ 0.25% covers each period of -3- months and hence an extension may be allowed free of commitment charge if such extension does not run into another block of -3- months. Otherwise a fresh commitment charge @ 0.25% for every block of -3- months or part thereof (minimum Rs. 500/-) is to be recovered.

If the LC amount is subsequently increased, both usance and commitment charges should be recovered on the amount os increased, with a minimum of Rs. 500/-

For any amendment other than extension:  Flat Comm. Rs. 500/-
Of validity or increase in amount.                On each occasion to
                                                                            Be charged.

Discrepancy fee
Where bills documents are not in
Conformity with the terms of LC:          0.15% comm. on the amount
                                                                     of bills to be charged subject
                                                                     to min. Rs. 500/-
                                                                     maximum  Rs. 5000/-
                                                                     for inland bills upto Rs. 1 crore and
                                                                     maximum Rs. 10000/-
                                                                     for inland bills over Rs. 1 crore.

0.22%
0.33% for the first three months and 0.11% p.m. for the period of over 3 months.

0.28%

(Min. Rs. 552/-)

0.28%, Min. Rs. 552/-

Rs. 552/- Min.

Flat Rs. 552/- on each occasion.

0.17% comm..

Min. Rs. 552/-
Max. Rs. 5515/-
Max. Rs. 11030/-

Charges for all inland L/Cs
Usance Charges:
Usance charge according to the tenor of the Bill as under:
For Bills up to 30 days’ sight       - 0.20%
Over 30 days                                - 0.30% for the first 3      months and
                                                      0.10% p.m. for the period of
                                                         over 3 months.
Commitment Charges:
0.25% for every three months or part thereof for the entire period of liability (i.e. date of opening of LC to last date of its validity)
(All the above charges are subject to a min. of Rs. 500/- i.e. Usance plus commitment charges)

a) Usance charges in respect of inland LC is to be recovered as per the tenor of the bill. No additional usance charges are to be recovered in case of overdue bills for the overdue period and only overdue interest to be charged.
b) No collection charges like IBC charges other than LC charges are to be recovered by the opening branch in respect of bills received under its LC.
Extension/Amendment of LC
Commitment charge @ 0.25% covers each period of -3- months and hence an extension may be allowed free of commitment charge if such extension does not run into another block of -3- months. Otherwise a fresh commitment charge @ 0.25% for every block of -3- months or part thereof (minimum Rs. 500/-) is to be recovered.
If the LC amount is subsequently increased, both usance and commitment charges should be recovered on the amount or increased, with a minimum of Rs. 500/-

For any amendment other than extension:  Flat Comm. Rs. 500/-
Of validity or increase in amount.           On each occasion to
                                                                        Be charged.
Discrepancy fee
Where bills documents are not in
Conformity with the terms of LC:       0.15% comm. on the
                                                                  amount
                                               of bills to be charged subject
                                               to min. Rs. 500/-
                                               maximum Rs. 5000/-
                                                for inland bills upto Rs. 1 crore
                                               and maximum Rs. 10000/-
                                               for inland bills over Rs. 1 crore.

0.22%
0.33% for the first three months and 0.11% p.m. for the period of over 3 months.

0.28%

(Min. Rs. 552/-)

0.28%, Min. Rs. 552/-

Rs. 552/- Min.

Flat Rs. 552/- on each occasion.

0.17% comm..

Min. Rs. 552/-
Max. Rs. 5515/-
Max. Rs. 11030/-

6.4

Revolving Letter of Credit
a) While opening a Revolving LC
i) Usance charges
as per the rates in 6.1 reckoned on the maximum amount of drawings permitted at any one time.
ii) Commitment Charges
As in 6.2 from date of opening to last date of its validity.
(minimum charges Rs. 500/-)

b) On Reinstatement
i) Usance charge according to the tenor of Bill
                                 Plus
ii) Commitment charges of 0.25% on the Reinstated amount only (min. Rs. 500/-)
(Commitment charges are to be levied for every period of -3- months of part thereof from the date of reinstatement to the last date of its validity)

NOTE:
1) Charges are to be recovered when a LC is opened or amended and no refund may be allowed in any circumstances whatsoever, whether a credit, is cancelled, is only partly availed of or expired wholly unavailed of.

2) Telex/Fax and cable charges shall be recovered additionally.

3) While issuing a standby LC, service charges equivalent to commission on Financial or Performance Guarantee be recovered, according to the nature of the guarantee provided by the standby LC.

(Min. charges Rs. 552/-)

0.28%
(Min. Rs. 552/-)

Revolving Letter of Credit
a) While opening a Revolving LC
i) Usance charges
as per the rates in 6.1 reckoned on the maximum amount of drawings permitted at any one time.
ii) Commitment Charges
As in 6.2 from date of opening to last date of its validity.
(minimum charges Rs. 500/-)

b) On Reinstatement
i) Usance charge according to the tenor of Bill
                                 Plus
ii) Commitment charges of 0.25% on the Reinstated amount only (min. Rs. 500/-)
(Commitment charges are to be levied for every period of -3- months of part thereof from the date of reinstatement to the last date of its validity)
NOTE:
1) Charges are to be recovered when a LC is opened or amended and no refund may be allowed in any circumstances whatsoever, whether a credit, is cancelled, is only partly availed of or expired wholly unavailed of.
2) Telex/Fax and cable charges shall be recovered additionally.
3) While issuing a standby LC, service charges equivalent to commission on Financial or Performance Guarantee be recovered, according to the nature of the guarantee provided by the standby LC.

(Min. charges Rs. 552/-)

0.28%
(Min. Rs. 552/-)

6.5

Other Charges
1) Advising LCs (only where LC opening Bank and advising Banks are different)

2) Confirmation of LC (only where LC opening Bank and confirming Bank ar different)

3) Transferable LCs

4) Negotiation charges

5) Clean payments received under LC

6) Attestation of commercial invoices

7) Guarantees due to discrepancies in documents

a) For advising LCs including letter of Authority or orders to negotiate @ 0.15% (min. Rs. 500/-) for each LC (without confirmation).

b) For advising each amendment flat commission of Rs. 500/-

a) For each transfer (whether full or in part and whether endorsed on the credit itself or not), flat charges of Rs. 500/- (except when the name of the beneficiary is charged as per instructions of the opening Bank).

b) On all LCs calling for usance drafts to be drawn on and accepted by banks acceptance commission @ 0.30@ for the first 3 months & 0.10% p.m. thereafter, min. Rs. 500/-

Flat charges of Rs. 500/- per document

Flat charges of Rs. 500/-

a) At the time of Negotiations/ collection - free of charge
b) Each subsequent occasion – Rs. 50/- per invoice

Commission of 0.25% min. Rs. 500/- for joining in customer’s guarantee or giving guarantees on behalf of customers to other Banks in respect of discrepancies in documents negotiated under LC when payment received under LC/ reserve is credited to beneficiary’s account. However, if payment received under reserve is not parted with, a flat charge of Rs. 500/- be levied.

0.17% (min. Rs. 552/-)

Rs. 552/-

Flat charges Rs. 552/-

@ 0.33% for the first three months & 0.11% p.m. thereafter, min. Rs. 552/-

Flat charges of Rs. 552/- per documents.

Flat charges of Rs. 552/-

Rs. 56/- per invoice

Comm. @ 0.28% Min. Rs. 552/-

Flat charges of Rs. 552/-

Other Charges
1) Advising LCs (only where LC opening Bank and advising Banks are different)

2) Confirmation of LC (only where LC opening Bank and confirming Bank ar different)

3) Transferable LCs

4) Negotiation charges

5) Clean payments received under LC

6) Attestation of commercial invoices

7) Guarantees due to discrepancies in documents

a) For advising LCs including letter of Authority or orders to negotiate @ 0.15% (min. Rs. 500/- & Max. Rs. 2000/-) for each LC (without confirmation).
b) For advising each amendment flat commission of Rs. 500/-

a) For each transfer (whether full or in part and whether endorsed on the credit itself or not), flat charges of Rs. 500/- (except when the name of the beneficiary is charged as per instructions of the opening Bank).
b) On all LCs calling for usance drafts to be drawn on and accepted by banks acceptance commission @ 0.30@ for the first 3 months & 0.10% p.m. thereafter, min. Rs. 500/-

Flat charges of Rs. 500/- per document

Flat charges of Rs. 500/-

a) At the time of Negotiations / collection - free of charge
b) Each subsequent occasion – Rs. 50/- per invoice

Commission of 0.25% min. Rs. 500/- for joining in customer’s guarantee or giving guarantees on behalf of customers to other Banks in respect of discrepancies in documents negotiated under LC when payment received under LC/ reserve is credited to beneficiary’s account. However, if payment received under reserve is not parted with, a flat charge of Rs. 500/- be levied.

0.17% (min. Rs. 552/-)
(Max. Rs. 2206/-)

Rs. 552/-

Flat charges Rs. 552/-

@ 0.33% for the first three months & 0.11% p.m. thereafter, min. Rs. 552/-

Flat charges of Rs. 552/- per documents.

Flat charges of Rs. 552/-

Rs. 56/- per invoice

Comm. @ 0.28% Min. Rs. 552/-

Flat charges of Rs. 552/-

7

Providing credit opinion (including opinion & introduction

Rs. 250/- per occasion

Rs. 276/- per occasion

Rs. 250/- per occasion

Rs. 276/- per occasion

Area of Banking Service

Existing
 Service Charges (Floor Rates)  (Cir. No.NNTRRB/HO/OPS/2006-07/O-20 DT.08/05/2006)

Service Charges inclusive of service tax @ 10.30%

Revised
 Service Charges (Floor Rates)
w.e.f .01/04/2010

Service Charges inclusive of service tax @ 10.30%

1

Collection of outstation cheques (By sending cheques physically)
a) Through our bank’s branches

** (HO/OPS/2009-10/O-28 dated 08/06/09 27/63)

** Amount of                     Charges
Instrument                   per instrument
 Upto Rs. 10000/-          Rs. 50/-

Above Rs. 10000/-        Rs. 100/-
To Rs. 1 lac

Above Rs. 1 lac             Rs. 150/-
(Above charges are inclusive of out of pocket expenses i.e. NO POSTAGES etc.)

Rs. 56/-

Rs. 111/-

Rs. 166/-

Amount of                     Charges
Instrument                   per instrument
 Upto Rs. 10000/-          Rs. 50/-

Above Rs. 10000/-        Rs. 100/-
To Rs. 1 lac

Above Rs. 1 lac             Rs. 150/-
(Above charges are inclusive of out of pocket expenses i.e. NO POSTAGES etc.)

Rs. 56/-

Rs. 111/-

Rs. 166/-

2

Collection of Bill (Clean/ Doc. – Demand & Usance)
a) Applicable to IBCs

b) Applicable to OBCs

Bills for Amount :
Upto Rs. 100000/- -     Rs. 8/- per Rs. 1000/-
                                        Or part thereof subject
                                        to min. Rs. 50/-

Above Rs. 1 lac        -   Rs. 7/- per Rs. 1000/- or
upto Rs. 10/- lac          part thereof subject to
                                       A min. or Rs. 800/-

Above Rs. 10 lac  -       Rs. 5/- per Rs. 1000/-
                                       Min. Rs. 7000/- &
                                       Max. Rs. 10000/-

Bills for Amount
Upto Rs. 100000/-       Rs. 6/- per Rs. 1000/-
                                       Or part thereof
                                       Subject to minimum
                                         Rs. 40/-
Above Rs. 1/- lac    -  Rs. 5/- per Rs. 1000/-
Upto Rs. 10/- lac     -  or part thereof
                                      Subject to a min. of
                                      Rs. 600/-
Above Rs. 10/-        - Rs. 4.50 per Rs. 1000/-
Lacs                            min. Rs. 5000/- & mix.
                                    Rs. 10000/-
Note: Branch Manager to waive /reduce charges in deserving cases after examining the cost benefit. (As per Section VII-General point No. 2)
Postage is to be recovered on actual basis.

Rs. 9/- per thousand or part thereof subject to min. Rs. 56/-

Rs. 8/- per Rs. 1000/- or part thereof subject to Min. or Rs. 883/-

Rs. 5.50 per Rs. 1000/- min. Rs. 7721/- & max. Rs. 11030/-

Rs. 7/- per Rs. 1000/- or part thereof subject to Min. Rs. 45/-

Rs. 5.50 per Rs. 1000/- or pert thereof subject to min. of Rs. 662/-

Rs. 5/- per Rs. 1000/- min Rs. 5515/- & max. Rs. 11030/-

Bills for Amount :
Upto Rs. 100000/- -      Rs. 8/- per Rs. 1000/-
                                        Or part thereof subject
                                         to min. Rs. 50/-

Above Rs. 1 lac    -         Rs. 7/- per Rs. 1000/- or
Upto Rs. 10/- lac           part thereof subject to
                                         A min. or Rs. 800/-

Above Rs. 10 lac  -          Rs. 5/- per Rs. 1000/-
                                          Min. Rs. 7000/- &
                                           Max. Rs. 10000/-

Bills for Amount
Upto Rs. 100000/-          Rs. 6/- per Rs. 1000/-
                                          Or part thereof
                                          Subject to minimum
                                          Rs. 40/-
Above Rs. 1/- lac    -        Rs. 5/- per Rs. 1000/-
Upto Rs. 10/- lac     -       or part thereof
                                           Subject to a min. of
                                            Rs. 600/-
Above Rs. 10/-        - Rs. 4.50 per Rs. 1000/-
Lacs                            min. Rs. 5000/- & mix.
                                    Rs. 10000/-
Note: Branch Manager to waive /reduce charges in deserving cases after examining the cost benefit. (As per Section VII-General point No. 2)
Postage is to be recovered on actual basis.

Rs. 9/- per thousand or part thereof subject to min. Rs. 56/-

Rs. 8/- per Rs. 1000/- or part thereof subject to Min. or Rs. 883/-

Rs. 5.50 per Rs. 1000/- min. Rs. 7721/- & max. Rs. 11030/-

Rs. 7/- per Rs. 1000/- or part thereof subject to Min. Rs. 45/-

Rs. 5.50 per Rs. 1000/- or pert thereof subject to min. of Rs. 662/-

Rs. 5/- per Rs. 1000/- min Rs. 5515/- & max. Rs. 11030/-

3

Handling charges for bills returned unpaid.
Local

Outstation

Rs. 30/- per instrument

50% of the collection charges subject to a min. Rs. 100

Note:- Postage is to be recovered extra.

Rs. 33/- per instrument
50% of collection charges subject to a min. Rs. 111/-

Rs. 30/- per instrument

50% of the collection charges subject to a min. Rs. 100

Note:- Postage is to be recovered extra.

Rs. 33/- per instrument
50% of collection charges subject to a min. Rs. 111/-

4

Collection of deposit receipts on maturity

Free

Free

5

Charges for presentation of usance bill

Rs. 50/- per bill. (Also in cases of BP/BD – where there is a change in instructions.

Rs. 56/- per bill (also in cases of BP/BD – where there is a change in instructions)

Rs. 50/- per bill. (Also in cases of BP/BD – where there is a change in instructions.

Rs. 56/- per bill (also in cases of BP/BD – where there is a change in instructions)

6

Change of original instruction in respect of OBC/ IBC e.g.
a) Delivering free of payment
b) Waiving ‘c’ form etc
c) Allowing rebate
d) Extending time for retirement

Rs. 50/- per request

Rs. 56/- per request

Rs. 50/- per request

Rs. 56/- per request

Sr. no.

Area of Banking Service

Existing
 Service Charges (Floor Rates)  (Cir. No.NNTRRB/HO/OPS/2006-07/O-20 DT.08/05/2006)

Service Charges inclusive of service tax

@ 10.30%

Revised
 Service Charges (Floor Rates)
w.e.f 01/04/2010

Service Charges inclusive of service tax @ 10.30%

1

(i) Issuance of DD/MT/BC

(ii) Issuance of cheques  of ICICI Bank under agency arrangement (HO/OPS/2005/O-16 Dated 11/04/2005 Cont.No.23/59)

Individual:

Upto Rs. 1000/-             Rs.10/-

Above Rs. 1000/-
To Rs 5000/-                  Rs.25/- 

Above Rs. 5000/-
To Rs 10000/-                Rs.30/-    
       
Above Rs. 10000/-        @ Rs. 2.00 per
 To Rs 1000000/-           Rs. 1000/- or part
                                       Thereof subject to
                                       Min. Rs. 30/- &
                                       Max. Rs. 12000/-

Above Rs. 10 lacs -           Rs.1.50/- per thousand or part thereof subject to min. of Rs. 2000/-

NOTE:-
i) At par issuance of DD/Banker’s cheque in respect of loan sanctioned by the branch and payment is made directly to the suppliers.
ii) Discretion to reduce/waive charges vested with Head Office on case to case basis upon recommendation of the branch subject to half yearly review – keeping in view the value of the account.

Up to Rs.1000/                                  Rs 11/-

Above Rs.1000/ to Rs .10000/        Rs 16/-

Above Rs.10000/to Rs 10/-lacs      Rs. 1/- per thousand or                                                                           
                                                             part thereof subject to     
                                                             min.Rs.16/-

Above Rs.10/-lacs                            Rs 0.85/-per thousand
                                                              or part thereof  subject
                                                             to min.Rs.1100/-

Rs. 11/-

Rs.28/-

Rs.33/-

Rs. 2.25

Rs. 33/-
Rs. 13236/-

Rs.1.65 per thousand or part there of subject to mini. Of Rs. 2206/-

Individual:

Upto Rs. 1000/-                                   Rs. 10/-

Above  Rs 1000/- to Rs. 10000/-       Rs.25/-

Above Rs.10000/-                  @ Rs. 3.00 per
                                               Rs. 1000/- or part
            Thereof subject to
                                                    Min. Rs. 35/- &
                                               Max. Rs. 12000/-
Non-Individual:
Upto Rs. 10000/-            Rs. 35/-

Above Rs. 10000/-       -@ Rs. 3.00 per
                                       Rs. 1000/- or part
                                       thereof subject to
                                       Min. Rs. 35/- &
                                       Max. Rs. 12000/-

NOTE:-
i) At par issuance of DD/Banker’s cheque in respect of loan sanctioned by the branch and payment is made directly to the suppliers.
ii) Discretion to reduce/waive charges vested with Head Office on case to case basis upon recommendation of the branch subject to half yearly review – keeping in view the value of the account.

Up to Rs.1000/                                  Rs 10/-

Above Rs.1000/ to Rs .10000/        Rs 25/-

Above Rs.10000/to Rs 10/-lacs      Rs. 2/- per thousand or                                                                          
                                                             part thereof subject to     
                                                             min.Rs.25/-

Above Rs.10/-lacs                            Rs 1/-per thousand
                                                            or part thereof  subject
                                                             to min.Rs.1100/-

Rs.11/-

Rs. 28/-

Rs3.30

Rs. 39/-
Rs. 13236/-

Rs. 39/-

Rs. 3.30

Rs. 39/-
Rs. 13236/-

Rs.11/-

Rs.28/-

Rs.2.25 per thousand

Rs.28/-

Rs.1.11 per thousand

Rs.1213/-

2

Remittance of fund thru RTGS

                                        NA

a-Inwards RTGS/NEFT/ECS transaction-free of charge
b-Outward transactions:-
i) Rs.1.0lac to below Rs.5.0lacs—not exceeding Rs.25/-per transaction
ii) Rs.5.0lacs and above- not exceeding Rs.50/-per transaction
These charges shell be applicable for all type of transaction including inter bank fund transfers.

Rs.28/-

Rs.56/-

3

Cancellation of DD/Bankers’ cheque and/or issue of fresh DD/ Bankers’ cheque in lieu of lost one

Up to Rs.10000/-- same as per issuance of DD/MT

Above Rs. 10000/--50% of the issuance of DD/MT rates subject to mini.Rs.30/- and max Rs.7500/-

For direct payment to suppliers
 in case of advances—------------AT PAR

50% of the issuance of DD/MT rates subject to min. Rs 33/- and max.Rs.8273/-

Individual:
Rs. 50/- per instrument.              

(In case of lost instrument, 25% of value of instrument subject to maximum Rs. 75/-)

Non Individual –
Rs. 75/- per instrument.

(In case of lost instrument, 50% of value of instrument subject to maximum Rs. 100/-)

Rs. 56/-

Rs. 83/-

Rs. 83/-

Rs. 111/-

4

Against tender of cash for any mode of remittance

                                                   NA

50% higher charges over floor rates

Sr. no.

Area of Banking Service

Existing
 Service Charges (Floor Rates)  (Cir. No.NNTRRB/HO/OPS/2006-07/O-20 DT.08/05/2006)

Service Charges inclusive of service tax @ 10.30%

Revised
 Service Charges (Floor Rates)
w.e.f. 01/02/2010

Service Charges inclusive of service tax @ 10.30%

1

Safe Custody Charges

Scrips Rs. 5/- per scrip. Minimum Rs. 50/- per year of part thereof.

Sealed Covers: Rs. 100/- per cover per annuam or part thereof.

Sealed Boxes: Rs. 500/- p.a. per box measuring not more than 200 cubic inches; proportionately higher charges for bigger boxes.

Bank’s own Deposit Receipt : No charges

Rs. 5.50 per scrip Min. Rs. 56/- per year or part thereof.

Rs. 111/- per cover p.a. or part thereof.

Rs. 552/- p.a. per box.

Scrips Rs. 5/- per scrip. Minimum Rs. 50/- per year of part thereof.

Sealed Covers: Rs. 100/- per cover per annuam or part thereof.

Sealed Boxes: Rs. 500/- p.a. per box measuring not more than 200 cubic inches; proportionately higher charges for bigger boxes.

Bank’s own Deposit Receipt : No charges

Rs. 5.50 per scrip Min. Rs. 56/- per year or part thereof.

Rs. 111/- per cover p.a. or part thereof.

Rs. 552/- p.a. per box.

2

Service Charges for handling scrips

Rs. 30/- per block of 10 pieces of scrip or part thereof, subject to a minimum of Rs. 30/- per account.

Rs. 33/- per block of 10 pieces of scrip or part thereof subject to min. of Rs. 33/- per account.

Rs. 30/- per block of 10 pieces of scrip or part thereof, subject to a minimum of Rs. 30/- per account.

Rs. 33/- per block of 10 pieces of scrip or part thereof subject to min. of Rs. 33/- per account.

3

Transfer of Securities from one account to another, at the same branch

50% of the charges on lodgment/ withdrawal of securities (Rs. 2/- per piece with a min. of Rs. 30/- on each occasion).

50% of the charges on lodgment/ withdrawal of securities (Rs. 2.20 per piece with a min. of Rs. 33/- on each occasion)

50% of the charges on lodgment/ withdrawal of securities (Rs. 2/- per piece with a min. of Rs. 30/- on each occasion).

50% of the charges on lodgment/ withdrawal of securities (Rs. 2.20 per piece with a min. of Rs. 33/- on each occasion)

4

Transfer of Securities from pledge to safe custody.

As per 2 above

As per 2 above

5

Issuance of Certificate of holding

Rs. 30/- per year

Rs. 33/- per year

Rs. 30/- per year

Rs. 33/- per year

6

Production of Certificates to appropriate authorities for collection of dividend/ interest warrants

1% with a minimum of Rs. 30/- pe warrant.

1.10% with a min. of Rs. 33/- per warrant.

1% with a minimum of Rs. 30/- per warrant.

1.10% with a min. of Rs. 33/- per warrant.

7

Purchase/Sale/ Redemption of Securities

1% with a min. of Rs. 30/- per transaction

1.10% with a min. of Rs. 33/- per transaction.

1% with a min. of Rs. 30/- per transaction

1.10% with a min. of Rs. 33/- per transaction.

8

Attestation of customer’s signature

Rs. 25/- per instrument/occasion.

Rs. 28/-

Individual:
Rs. 30/- per instrument/occasion.
Non-Individual –
Rs. 50/-  per instrument/ occasion.

Rs. 33/-

Rs. 56/-

9

Issuance of no dues certificates

I. For borrowers under Priority Sector – NIL
II. Other – Rs. 50/- per occasion
(Rural branches Rs. 10/- per occasion)

Others Rs. 56/- per occasion (Rural branches Rs. 11/- per occasion)

I. For borrowers under Priority Sector – NIL
II. Other – Rs. 50/- per occasion
(Rural branches Rs. 10/- per occasion)

Others Rs. 56/- per occasion (Rural branches Rs. 11/- per occasion)

10

Providing credit report (including opinion and introduction

Rs. 250/- per occasion

Rs. 276/- per occasion

Rs. 250/- per occasion

Rs. 276/- per occasion

11

Inquiries relating to old records.

3 to 12 months old : Rs. 25/- per item
above 12 months : Rs. 100/- pre item

Rs. 28/- per item
Rs. 111/- per item

3 to 12 months old : Rs. 25/- per item
above 12 months : Rs. 100/- pre item

Rs. 28/- per item
Rs. 111/- per item

12

To ascertain fate of local cheques lodged in clearing, at the request of the customer.

Rs. 50/- plus actual conveyance charges

Rs. 56/- plus actual conveyance charges.

Rs. 50/- plus actual conveyance charges

Rs. 56/- plus actual conveyance charges.

13

Drawing against un-cleared effect

Interest to be charged on drawing against un-cleared effect

Interest to be charged on drawing against un-cleared effect

14

Photo attestation

                                          NA

Rs. 100/- per photo/occasion

Rs. 111/-

15

Cash handling charges – for cash deposit

Cash handling charges should be recovered from all the customers except for savings and time deposit a/cs.
Notes of Rs.10/-      Rs.6/- per thousand notes
Notes of Rs.20/-      Rs.5/- per thousand notes
Notes of Rs.50/-      Rs.3/- per thousand notes
Notes of Rs.100/-    Rs.2/- per thousand notes
Notes of Rs.500/-& 1000/-         FREE

Charges @ Rs. 28/- per Rs. 50000/-
Rs.7 per thousand notes
Rs.6 per thousand notes
Rs.3.50 per thousand
Rs.2.25 per thousand

Cash handling charges should be recovered from all the customers except for savings and time deposit a/cs.
Notes of Rs.10/-      Rs.6/- per thousand notes
Notes of Rs.20/-      Rs.5/- per thousand notes
Notes of Rs.50/-      Rs.3/- per thousand notes
Notes of Rs.100/-    Rs.2/- per thousand notes
Notes of Rs.500/-& 1000/-         FREE

Rs.7 per thousand notes
Rs.6 per thousand notes
Rs.3.50 per thousand
Rs.2.25 per thousand

SERVICE CHARGES INCLUSIVE OF SERVICE TAX @ 10.30%

Revised Service Charges (Floor Rates)
w.e.f. 01/04/2010

Service Charges inclusive of service tax @ 10.30%

NOTES:
1. Allotment of lockers in on first-come-first served basis. For this purpose, a wait list is to be maintained.
2. 80% of the lockers are to be allotted strictly as per the wait list, while 20% can be allotted at the discretion of the Branch Manager having regard to business considerations.
3. In case of breaking open of the locker, Rs. 250/- to be recovered as incidental charges over and above actual cost incurred for the same.
4.  Security Deposit of minimum Rs.5000/- where annual locker rental is up to Rs.1000/- and mini. Rs.10000/- where annual locker rental is above Rs.1000/- to be taken under RIRD scheme for a mini.period of 3 yrs.
* No receipt to be issued for Security Deposit. However, an acknowledgement to be given to the depositor.
* The Security Deposit will be under bank’s lien in respect of rentals and other dues on locker services viz. breaking open/ replacement of locker expenses, lost keys etc.

5. The existing concession of 25% in rentals to staff members/Ex-staff in respect of only one locker allotted to them in any branch against undertaking that concession has not been availed in respect of any other locker in the bank.

6. Penalty for late payment of locker rent (from the due date) be levied as under:
-Where annual locker rental is up to Rs. 500/-

-Rs. 5/- p.m. or part thereof for first 3 months and Rs. 10/- p.m. thereafter.

-Where annual locker rental is above Rs. 500/-
-Rs. 10/- p.m. for first 3 months and Rs. 20/- p.m. thereafter.

7. When the rent is paid in advance for 3 years & above, 10% discount may be allowed

8. In cases where compromises are required to be entered into with locker holders for waiver of charges for surrendering of the lockers, then HO may do so upon receipt of a recommendation from the branch.

9. Operation in the lockers be stopped from due date of locker rent if same is not paid.

Rs. 276/- to be recovered as incidental charges.

Penalty to be Rs.6/-; Rs.11/- and Rs 22/-respectively.

NOTES:
1. Allotment of lockers in on first-come-first served basis. For this purpose, a wait list is to be maintained.
2. 80% of the lockers are to be allotted strictly as per the wait list, while 20% can be allotted at the discretion of the Branch Manager having regard to business considerations.
3. In case of breaking open of the locker, Rs. 250/- to be recovered as incidental charges over and above actual cost incurred for the same.
4. To obtain a Security Deposit in the form of Fixed Deposit which would cover 3 years rent and the charges for breaking open the locker (instead of Fixed Deposit of Rs. 5000/- or Rs. 10000/-) and it should be put in RIRD Time Deposit scheme. The branches will note the existence of Fixed Deposit in the Locker Register/Computer System at the appropriate places. In order to avoid any complaint from the customers, it is desirable that the branches keep on record a letter from the vendor of the lockers about the estimated cost of breaking open the locker of various sizes.

• No receipt to be issued for Security Deposit. However, an acknowledgement to be given to the depositor.
• The Security Deposit will be under bank’s lien in respect of rentals and other dues on locker services viz. breaking open/ replacement of locker expenses, lost keys etc.

5. The existing concession of 25% in rentals to staff members/Ex-staff in respect of only one locker allotted to them in any branch against undertaking that concession has not been availed in respect of any other locker in the bank.
6. Penalty for late payment of locker rent (from the due date) be levied as under:
-Where annual locker rental is up to Rs. 1000/-

-Rs. 10/- p.m. or part thereof for first 3 months and Rs. 15/- p.m. thereafter.

-Where annual locker rental is above Rs. 1000/-
-Rs. 15/- p.m. for first 3 months and Rs. 25/- p.m. thereafter.

7. When the rent is paid in advance for 3 years & above, 10% discount may be allowed.

8. In cases where compromises are required to be entered into with locker holders for waiver of charges for surrendering of the lockers, then HO may do so upon receipt of a recommendation from the branch.

9. Operation in the lockers be stopped from due date of locker rent if same is not paid.

Rs. 276/- to be recovered as incidental charges.

Penalty to be Rs.11/-; Rs.17/- and Rs 28/-respectively.

Sr. no.

Area of Banking Service

Existing
 Service Charges (Floor Rates)  (Cir. No.NNTRRB/HO/OPS/2006-07/O-20 DT.08/05/2006)

Service Charges inclusive of service tax @ 10.30%

Revised
 Service Charges (Floor Rates)
w.e.f .01/04/2010

Service Charges inclusive of service tax @ 10.30%

1

(APPLICABLE TO ALL ABOVE SERVICES/ ACTIVITIES)
a) Postal & Telecommunication TARIFF

b) Courier Charges

a) Ordinary Post-         Actual, subject to Rs. 10/- min.

b) Registered Post--     Actual, subject to Rs. 30/- min

c) Telegram/Long Distance (STD) Phone & Fax – Actual, Min Rs. 50/-

Actual charges subject to a minimum of Rs. 30/- per instrument per occasion, unless otherwise specified to the contrary.

Rs. 11/-

Rs. 33/-

Min. Rs. 56/-

Actual charges min. Rs. 33/-

a) Ordinary Post-        Actual, subject to Rs. 10/- min.

b) Registered Post-    -Actual, subject to Rs. 30/- min

c) Telegram/Long Distance (STD) Phone & Fax – Actual, Min Rs. 50/-

Actual charges subject to a minimum of Rs. 30/- per instrument per occasion, unless otherwise specified to the contrary.

Rs. 11/-

Rs. 33/-

Min. Rs. 56/-

Actual charges min. Rs. 33/-

2

Powers for waiver/ concession in Service:

1) Branch heads are given discretion to waive/give concession wherever indicated.

Apart from – wherever indicated under the relative head, they may further exercise powers as under as per business consideration

BR. HEAD Total Waiver/ concession (ceiling) p.a. (for all customers put together)
Scale I                      - Rs. 5000/-
Scale II                     - Rs. 10000/-
Scale III                    - Rs. 15000/-
Scale IV                    - Rs. 20000/-

NOTES:

1. Valued customers should be decided by Branch Manager based on business/ social consideration.
2. NO concession is to be allowed on locker rent.
3. Branch should keep a record of concessions granted in a register separately for different areas of banking services and it should be got verified by the Regional Head during his visit to the branch.

SPECIMEN OF REGISTER:
For all concessions in all services
1. Sr. No.
2. Date
3. Name of customer
4. A/c Type No.
5. Details of the transaction
6. Normal charges as per guidelines
7. Actual charges
8. Amount of concession
9. %age to normal charges
10. Justification for concession/ waiver
11. Initials of Branch Manager
12. Details of/approval of Regional Manager
13. Date
Further in addition to wherever indicated under the respective head –
a) If the branch wants to grant any further concession/waiver on various services in respect of the borrowal A/cs not covered above, then they may include the same in the proposal for review of credit facilities giving proper justification, overall yield in the A/c & benefit accruing to the branch etc. the reviewing authority of advances (not below the rank of Regional Manager) may take decision of waiver or reduction of Service Charges..

1) Branch heads are given discretion to waive/give concession wherever indicated.

Apart from – wherever indicated under the relative head, they may further exercise powers as under as per business consideration

BR. HEAD Total Waiver/ concession (ceiling) p.a. (for all customers put together)
Scale I                      - Rs. 2000/-
Scale II                     - Rs. 4000/-
Scale III                    - Rs. 6000/-
Scale IV                    - Rs. 10000/-

NOTES:

1. Valued customers should be decided by Branch Manager based on business/ social consideration.
2. NO concession is to be allowed on locker rent.
3. Branch should keep a record of concessions granted in a register separately for different areas of banking services and it should be got verified by the Regional Head during his visit to the branch.

SPECIMEN OF REGISTER:
For all concessions in all services
1. Sr. No.
2. Date
3. Name of customer
4. A/c Type No.
5. Details of the transaction
6. Normal charges as per guidelines
7. Actual charges
8. Amount of concession
9. %age to normal charges
10. Justification for concession/ waiver
11. Initials of Branch Manager
12. Details of/approval of Regional Manager
13. Date
Further in addition to wherever indicated under the respective head –
a) If the branch wants to grant any further concession/waiver on various services in respect of the borrowal or deposit A/cs not covered above, then they may send the proposal to H.O. by giving proper justification, overall yield in the A/c & benefit accruing to the branch on prescribed format.

3

Higher service charges for non customers of the Bank

For all banking services to non-customers of the Bank, service charges shall be 50% higher than the floor rates.

For all banking services to non-customers of the Bank, service charges shall be 50% higher than the floor rates.

4

Definition of Floor rates

Floor rates shall mean rates of service charges fixed by our bank as detailed in this hand Book.

Floor rates shall mean rates of service charges fixed by our bank as detailed in this hand Book.

Sr. no.

Area of Banking Service

Existing
 Service Charges (Floor Rates)  (Cir. No.NNTRRB/HO/OPS/2006-07/O-20 DT.08/05/2006)

Service Charges inclusive of service tax @ 10.30%

Revised
 Service Charges (Floor Rates)
w.e.f. 01/04/2010

Service Charges inclusive of service tax @ 10.30%

1

Defence Personnel

“Only the following concessions in service charges be extended to Defense personnel, Paramilitary Personnel, Ex- Servicemen and Central Industrial Security Force (CISF) personnel”.

a) At par remittance of salary/ terminal dues.
b) At par remittance to family up to Rs. 10000/- per month and one-time remittance for payment of school/ college fees in a year. Out of pocket expenses to be recovered.
c) At par custody of WILLS.
d) Normal concessions as applicable to other customers in respect of collection of outstation cheques up to Rs. 5000/- at a time.

Only the following concessions in service charges be extended to Defense personnel, Paramilitary Personnel, Ex- Servicemen and Central Industrial Security Force (CISF) personnel”.

a) At par remittance of salary/ terminal dues.
b) At par remittance to family up to Rs. 10000/- per month and one-time remittance for payment of school/ college fees in a year. Out of pocket expenses to be recovered.
c) At par custody of WILLS.
d) Normal concessions as applicable to other customers in respect of collection of outstation cheques up to Rs. 5000/- at a time.

2

Ex-servicemen/ widows of Ex- Servicemen, war widows, disabled service personnel

Not to levy service charges such as processing, documentation and inspection charges on loans granted to Ex- servicemen, Widows of Ex-Servicemen, War Widows and disabled service personnel under NEF, SEMFEX-II and SEMFEX-III schemes sponsored by SIDBI, NABARD and KYIC respectively and also on  loans sanctioned by the Bank outside these schemes for their self employment purpose.

Not to levy service charges such as processing, documentation and inspection charges on loans granted to Ex- servicemen, Widows of Ex-Servicemen, War Widows and disabled service personnel under NEF, SEMFEX-II and SEMFEX-III schemes sponsored by SIDBI, NABARD and KYIC respectively and also on  loans sanctioned by the Bank outside these schemes for their self employment purpose.

3

Service/Charitable Institutions.

a) Temple Devasthanams like Shri Sai Baba Temple, Shirdi, Tirupati Devasthanam, Shri Nathdwara Temple and Shri Jagannath Temple, Puri.

I. At par collection of cheques favoring such institutions.
II. Remittances favoring such institutions free of exchange.
b) Welfare/ Service/ Charitable Institutions/ National Foundation for Communal Harmony).
I. At par collection of cheques favoring such institutions.
II. Remittances favoring such institutions free of exchange.
NOTE
a) The institutions should be exempt from payment of Income Tax and the branch should have such exemption certificate on its record.
b) In all other charitable institutions, Regional Head is authorized to sanction concessions on merits of each case. If the concession is applicable to branches pertaining to other zones, H.O. approval is necessary.

a) Temple Devasthanams like Shri Sai Baba Temple, Shirdi, Tirupati Devasthanam, Shri Nathdwara Temple and Shri Jagannath Temple, Puri.

I. At par collection of cheques favoring such institutions.
II. Remittances favoring such institutions free of exchange.
b) Welfare/ Service/ Charitable Institutions/ National Foundation for Communal Harmony).
I. At par collection of cheques favoring such institutions.
II. Remittances favoring such institutions free of exchange.
NOTE
a) The institutions should be exempt from payment of Income Tax and the branch should have such exemption certificate on its record.
b) In all other charitable institutions, GM/Chairman is authorized to sanction concessions on merits of each case.

4

Donations to PM/ CM’s Relief Funds

I. At par collection of cheques favoring the fund.
II. Free remittances favoring these funds.

I. At par collection of cheques favoring the fund.
II. Free remittances favoring these funds.

5

Teachers Employed in Government Run Schools/Central Schools

I. Free discounting of salary bills/cheques up to Rs. 7500/-
II. At par collection of salary bills.

I. Free discounting of salary bills/cheques up to Rs. 7500/-
II. At par collection of salary bills.

6

Blind/Disabled/ physically Handicapped persons and Institutions set up for their benefit

I. At par collection of cheques.
II. Free Remittances.
Conditions:
a) Institutions should be exempt from payment of Income Tax.
b) Free Remittances to be allowed only against debit to account and Not Against Cash.
c) In all cases, the Branch Manager should satisfy with the eligibility.

I. At par collection of cheques.
II. Free Remittances.
Conditions:
a) Institutions should be exempt from payment of Income Tax.
b) Free Remittances to be allowed only against debit to account and Not Against Cash.
c) In all cases, the Branch Manager should satisfy with the eligibility.

7

Pensioners

(a) At par collection of Pensions bills, Pension cheques.
(b) Free remittance facility by debit to S.B. A/c. maintained by pensioners for personal uses.

(a) At par collection of Pensions bills, Pension cheques.
(b) Free remittance facility by debit to S.B. A/c. maintained by pensioners for personal uses.

8

Government Sponsored Schemes

At par collection of cheques (only cheques issued by Government representing subsidy under Government sponsored Schemes).

At par collection of cheques (only cheques issued by Government representing subsidy under Government sponsored Schemes).

9

Co-operative Banks, Land Development banks, Service Co-operatives, District Rural Development Agencies etc.

i) At par collection of cheques deposited by DRDA, FCS (Sponsored by our Bank) and PACs (Banking with us).
ii) Issue of DDs to Co-operative Banks for their customers at concessional rates. (Undertaking must be obtained from the Head Office of Co-operative Bank that they will charge full rates to their customers).
    NOTE: Facility to be extended to such banks with which we have agency arrangements.
iii) Concessions in service charges up to 50% of normal rates to Co- operative banks which maintain accounts with us.

i) At par collection of cheques deposited by DRDA, FCS (Sponsored by our Bank) and PACs (Banking with us).
ii) Issue of DDs to Co-operative Banks for their customers at concessional rates. (Undertaking must be obtained from the Head Office of Co-operative Bank that they will charge full rates to their customers).
    NOTE: Facility to be extended to such banks with which we have agency arrangements.
iii) Concessions in service charges up to 50% of normal rates to Co- operative banks which maintain accounts with us.

10

Transfer of Funds

Periodical Transfer of funds by DD/MT/ TT  from one account to another in same Bank @ Rs. 0.50 per thousand subject to following conditions:
(i) From collection accounts (i.e. accounts wherein no debit transactions other than such periodical funds transfer entries are reflected) to the principal account of the same organization.
(ii) Advances/Borrowal A/cs: From one account to any other account of same organization. When debit balance are transferred, interest for the transit period should be recovered.
(iii) Where request is for the issue of DD, the DD should be issued as nakgb A/c of the same organization.

@ Rs. 0.56 per thousand

Periodical Transfer of funds by DD/MT/ TT  from one account to another in same Bank @ Rs. 0.50 per thousand subject to following conditions:
(i) From collection accounts (i.e. accounts wherein no debit transactions other than such periodical funds transfer entries are reflected) to the principal account of the same organization.
(ii) Advances/Borrowal A/cs: From one account to any other account of same organization. When debit balance are transferred, interest for the transit period should be recovered.
(iii) Where request is for the issue of DD, the DD should be issued as nakgbA/c of the same organization.

@ Rs. 0.56 per thousand

11

Senior Citizens

(a) Free remittance facility to be allowed by debit to S.B. A/c. maintained by Sr. Citizens for personal uses.
(b) At par collection of cheques in the name of Sr. citizens (the A/c holder)

(a) Free remittance facility to be allowed by debit to S.B. A/c. maintained by Sr. Citizens for personal uses.
(b) At par collection of cheques in the name of Sr. citizens (the A/c holder)

12

Physically challenged persons

Waiver of collection charges for physically challenged persons (who have suffered loss of use of hand/ hands & or leg/legs) including blind person for instruments up to Rs. 10000/- at par collection.

Waiver of collection charges for physically challenged persons (who have suffered loss of use of hand/ hands & or leg/legs) including blind person for instruments up to Rs. 10000/- at par collection.

13

Staff Members.

- Staff Members
- Joint Accounts of staff members with close relatives *Same rules as for deposit A/cs)
i) No service charges for various transactions, unless otherwise specified to the contrary.
ii) No service charges or postage on the outstation cheques deposited by NAKGB Employees’ Co-operative Housing Society drawn in their favor by Staff Members.
Conditions for Ex-staff Members:
a) He/she should be able to establish his/her identity as an ex-staff member of our Bank.
b) He/she should not be gainfully employed.
c)  Over and above this, if an ex-staff member of another Public Sector bank, the said Bank should not have a branch at that place.

- Staff Members
- Joint Accounts of staff members with close relatives *Same rules as for deposit A/cs)
i) No service charges for various transactions, unless otherwise specified to the contrary.
ii) No service charges or postage on the outstation cheques deposited by NAKGB Employees’ Co-operative Housing Society drawn in their favor by Staff Members.
Conditions for Ex-staff Members:
a) He/she should be able to establish his/her identity as an ex-staff member of our Bank.
b) He/she should not be gainfully employed.

c) over and above this, if an ex-staff member of another Public Sector bank, the said Bank should not have a branch at that place.