Savings Bank Account |
Charges |
Minimum Balance |
|
| Without Cheque Book -Rs 500/- |
Rs.25/- Once a day of occurrences |
| With Cheque Book - Rs 1000/- |
| No Frills A/c |
Nil |
| Failure to maintain minimum balance (No charges to be levied if the balance dips below minimum balance due to debit of Bank charges.Debit should not result in negative balance.) |
Rs. 25 once on a day of occurance |
Account Closure |
|
| Within 1 year |
Rs. 250 |
| After 1 year |
Rs.150 |
| Charges for unused cheques if issued free of cost |
Rs. 2 per cheque leaf |
Issue of Cheque Books |
|
| Upto 50 cheque leaves for 12 months |
FREE |
| Additional Cheque Book(s) |
Rs.1.00 per cheque leaf |
| Note : For accounts having minimum balance of Rs.50,000 & above on all days during the preceeding 3 months |
FREE |
Payment of Cheques |
|
| Return of inward Clearing/IBC cheques / ECS ( For reasons other than encoding & bank errors) |
Rs.100 + Interest @18% p.a. on the shortfall subject to minimum of Rs.25/- +Postage/ courier charges, if any |
| Cheques passed against unclear balance |
18% p.a. on the shortfall subject to a MINIMUM of Rs. 25 |
| Outward cheques/ OBC / NCC Cheques discounted but returned unpaid |
Rs.50
+ actual postage/ courier charges |
| |
| Stop payment Instructions: For Loss of instruments For Other Reasons |
Rs. 10/- per instrument subject of Rs.25/- |
|
| Purchase/Discounting of Demand Draft/Bills & cheques (sent for clearing/collection),other than the sanctioned limit. |
0.50 % Commission + interest @ 18 % p.a. on discounted amount. Subject to Minimum of Rs.25/- |
| Purchase/ Discount of Salary Cheques upto Rs. 7,500/- |
Free |
| |
| Note : On issue of any statement in Saving Bank Account, charges are to be levied as applicable to Current account. |
| BDD A/c Statement on written request from the account holder |
Free |
Issue of Duplicate Pass Book |
|
| With present balance |
Rs. 50/- |
| With previous entries |
