Lakshmi Vilas Bank

SERVICE CHARGES AND FEES

As per RBI directives, IBA advised all member Banks to disclose the details about service charges/other charges being levied by Bank's and place on their bank's website as prescribed in Fair Practice Code for information to General Public. We have already adopted the Fair Practice Code norms in our Bank. Accordingly, we furnish below the charges of our Bank on various services rendered to the Customers.

SERVICE CHARGES AND FEES EXCLUSIVE OF SERVICE TAX & EDUCATION CESS

1. MAINTENANCE OF ACCOUNTS

S.No.

Type of Service

Revised Charges

Ledger Folio charges

CA:

Rs.10000 & below

Rs.10001- Rs.50000/-

Rs.50001 & upto 500000

OCC/KCC/SOD

For all branches

SB – Nil

Rs.30/- per quarter per page

Rs.10/- per quarter per page

For OCC/KCC/SOD

Rs.3/- per entry

Duplicate passbook/ statement

	Dup PB/Statement	Additional page/sheet
Other Than Individual (All centers)	Rs.75	Rs.40
(For individual) Other than rural branches	Rs.50	Rs.25
(For individual) Rural branches	Rs.30	Rs.10

40 entries or part thereof is treated as one page / sheet.

Cheque leaf charges

MICR/Non MICR

Rs.2.50 per leaf.

SB – Nil

Non-maintenance of minimum balance

SB – Non rural –Rs.15/- P.M

SB – Rural – Rs.10/- P.M

CA – Rs.100/- P.M (Irrespective of location, even for single incident)

Closure of a/cs (for a/cs which are closed within 6 months)

SB	Rates (Rs.)
Rural	100
Non Rural	150

CA	Rates (Rs.)
Rural	200
Non rural	400

Stop payment instructions

a) General (already issued by our customers)

b) Cheque leaf / book lost (Before issue)

Rs.50/- per cheque

Rs.100/- per cheque

Rs.10/- per cheque

Rs.20/- per cheque

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Standing instruction

Charges for Standing Instructions within the bank free.

FOR OUTSIDE BANK

As per NEFT charges./ DD charges as the case may be collected.

(Since there is no interface for NEFT – which is outside CBS, if the SI is executed through NEFT charges are to be collected manually. If executed through DD/BC, the system will take care only when the same is routed through PGL)

Confirmation of signature (specimen)

For obtaining loan from finance companies/ institutions and other purposes

Rs.25/- for Rural

Rs.100/- for Non rural

Issue of certificates

No objection/no dues/ balance/interest charged/chq honored/ A/c maintained

Rs.50/- Rural

Rs.100/- Others

10.

Enquiry of old transactions

For queries pertaining to entries up to 1 year

For queries pertaining to entries older than one year

Enquiry above 6 Months upto 1 Year	SB	CA/OD/OCC
Other Than Individual (All centers)	Rs.50 Per occasion	Rs.200 Per occasion
(For individual) Other than rural branches	Rs.50 Per Occasion	Rs.150 Per Occasion
(For individual) Rural branches	Rs.25 Per entry	Rs.50 Per entry
Above one year – Branch Managers discretion to charge over & above the prescribed rates.

11.

Issue of Duplicate deposit certificate

Rs.50/- per certificate.

12.

Transfer of deposits proceeds/Interest

(To another bank)

Within bank- Nil

To other banks – As per NEFT Charges/ DD charges as the case may be. Charges are applicable for both TD proceeds and TD interest.

(As in serial No. 7)

13.

Change of authorized signatory including power of Attorney/Mandate

Rs.100/- per every change.

14.

For SB a/cs withdrawal either by cheque or otherwise exceeding

30 transactions per half-year - thereafter Rs.10/- per transaction.

Ø The number of withdrawals is restricted to cheque transactions only (cash/Tr/Clg).

Ø Other debits - Standing instructions, ATM withdrawals, CAN Card debit and ECS to a/cs are exempted.

15.	Issue of solvency certificate Upto Rs.1.00 lac 1.00– 3.00 lacs 3.00- 5.00 lacs 5.00 – 10.00 lacs 10.00 – 25.00 lacs 25.00 – 50.00 lacs Above Rs.50 lacs	0.25% of the solvency certificate amount. (Minimum – Rs.500/-)
16.	Collection of inward/outward cheques (out station)	Upto Rs.10, 000/- - Rs.50 Above Rs.10, 000 to Below Rs.100000 - Rs.100 Above Rs.1, 00,000 - Rs.150
17.	Collection of inward/ outward bills	UptoRs.1000-Rs.25/- 1001-5000- Rs.50/- 5001-10000- Rs.70/- 10001-50000-Rs.80/- 50001& above-Rs.7/- per Rs.1000
18.	Return/Dishonor of cheques/bills	1) Outstation Cheques – As per OBC collection charges. (Same as Serial No. 16) 2) Outstation bills- 50% of the collection charges (50% of serial No.17) 3) Local Cheques– a) Return of Inward Instruments (Instrument received for payment, but returned to other Bank/Branch) SB : Rs.50/- CA/CC/OD :Rs.150/- If the amount of the instrument is more than one lakh interest also will also be charges by system b) Return of Outward Instruments (Lodged by customers for collection and returned to us by other branches/Bank) SB : Rs.50/- CA/CC/OD : Rs.100/-
19.	Remittance by Demand Draft/Pay Order	Upto Rs.1000/- - Rs.15/- Rs.1001-Rs.5000 – 20/- Rs.5001 – 10000 - 25/- Above 10001 - 2.25 Per 1000
20.	Issue of RBI / SBI cheque	Upto Rs.1000/- - Rs.10/- Rs.1001-Rs.5000 – 15/- Rs.5001 – 10000 - 25/- Above 10001 - 35/-
21.	Revalidation / Cancellation/ Issue of duplicate of DD/PO/RBI / SBI cheque	Rs.50/- per instrument.

Remittance (per day-without carry over limit)

Account Type	Amount	Charges	Limitations
SB A/c	Up to Rs 5000/-	Free	Maximum per day Rs 25000/- only
SB A/c	Above Rs 5000/- to 25000/-	Rs 50/-	Maximum per day Rs 25000/- only
CA A/c, CC/OD A/c	Up to Rs 25000/-	Free	Maximum per day Rs 100000/- only
	Above Rs.25000/- to 100000/-	Rs 100/-	Maximum per day Rs 100000/- only

Clearing Instruments (Local clearing)

Account Type

Amount

Charges

Limitations

All Types of A/C

At Base Branch

At Non Base Branch

At par

50% of the prevailing MT Charges

Withdrawals (per day-without carry over Limit)

Account Type		Amount		Charges	Limitations
All types of A/c	Up to 25000/- only		50% of prevailing MT charges			Self cheque-Self Drawing -only

Transfers

Account Type		Amount		Charges	Limitations
For same A/c	No Limit		Free			-
For Other A/c	No Limit		AT PAR			-

2. ELECTRONIC PAYMENT PRODUCTS (RTGS/NEFT/ECS)

Product	Limitation	Charges
Inward RTGS/NEFT/ ECS transactions	-	-Nil-
Outward RTGS transactions	-Rs.1 to 5 lakh -Rs.5 lakh and above	-Rs.25 per transaction -Rs.50 per transaction
Outward NEFT transactions	-Upto 1 lakh -Rs. 1 lakh and above	-Rs.5 per transaction -Rs.25 per transaction
ECS Debit Returns- CA-Rs.150/- SB-Rs.50/-

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3. PURCHASE/DISCOUNT OF CHEQUES/BILLS
S.No	TYPE OF SERVICE	REVISED CHARGES
4.1	Cheques/DD drawn on bank For others	For first 10 days - Rs.5/- per Rs.1000/- Over and above 10 days - PLR + 2 % + out of pocket expenses For first 10 days - Rs.6/- per Rs.1000/- Over and above 10 days - PLR + 2% + agency commission + out of pocket expenses

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SERVICE CHARGES AND FEES EXCLUSIVE OF SERVICE TAX & EDUCATION CESS

4. Locker Service charges (per annum)
Slno	Locker Type	Locker Size (in Inches)	Rural	Semi Urban and Urban Branches	Metro
5.1	A	5621	Rs.500	Rs. 750	Rs.1000
	B	6721	Rs.800	Rs. 850	Rs.1200
	2A	51321	Rs.950	Rs. 1000	Rs.1500
	D	7921	Rs.1000	Rs. 1200	Rs.2000
	2B	61621	Rs.1200	Rs. 2000	Rs.2500
	4A	111321	Rs.1300	Rs. 2500	Rs.3000
	2D	72021	Rs.1300	Rs. 3000	Rs.3500
	4B	121621	Rs.1400	Rs. 4000	Rs.5000
	2B1	13721	Rs.1200	Rs. 2000	Rs.2500
	4D	162021	Rs.1600	Rs. 4500	Rs.5500

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5.LVB International Debit Card

Particulars	Amount (in Rs.)
Issuance Charges	NIL
Annual Fee*	75.00
Duplicate card charge	200.00
Duplicate Pin Mailer	100.00
International withdrawal charges (cash)	100.00
International balance enquiry charges	25.00

In addition to the above charges, applicable service taxwill be collected.
(*As a special case, at present first year annual fee is exempted)

6. ADVANCES
S.No	TYPE OF SERVICE	REVISED CHARGES
7.1	PROCESSING CHARGES
Consortium advances where our bank is the lead bank	0.25 % of the working capital limits
Priority sector advances Upto Rs.2 lakhs Above Rs.2 lakhs	NIL 0.25 % of loan amount; Minimum - Rs.600/- Maximum - Rs.100000/-
Other advances Upto Rs.25000 Above Rs.25000 to Rs.2 lakh Above Rs.2 lakh to Rs.10 lakh Above Rs.10 lakh to Rs.25 lakh Above Rs.25 lakh to Rs.50 lakh Above Rs.50 lakh to Rs.1 crore Above Rs.1 crore	Rs.110/- Rs.300/- 0.16% of loan amount 0.18% of loan amount 0.20% of loan amount 0.22% of loan amount 0.22% of loan amount Max. Rs.250000/-
Term loans & Non-fund based limits Upto Rs.25000 Above Rs.25000 to Rs.2 lakh Above Rs.2 lakh to Rs.10 lakh Above Rs.10 lakh to Rs.25 lakh Above Rs.25 lakh to Rs.50 lakh Above Rs.50 lakh to Rs.1 Crore Above Rs.1 Crore	Rs.110/- Rs.300/- 0.80% of loan amount 0.90% of loan amount 1.00% of loan amount 1.10% of loan amount 1.10 % Max.Rs.250000/-
Jewel Loan	0.30 % of loan amount Minimum - Rs.30/-
7.2	Redemption of securities (including JDL)	Rs.25/- per transaction
7.3	Inspection charges Upto Rs.25000/- Above Rs.25000 to Rs.2 lakhs Above Rs.2 lakh to Rs.10 lakh Above Rs.10 lakhs	NIL Rs.110/inspection + other out of pocket expenses Maximum - Rs.550 Rs.220/inspection + out of pocket expenses Rs.550/inspection + out of pocket expenses
7.4	Godown Inspection charges	Actual expenses
7.5	Evaluation Fees	NABARD fee of 0.55 % of the capital outlay
7.6	Commitment charges on unutilized credit limits	NIL

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SERVICE CHARGES AND FEES INCLUSIVE OF SERVICE TAX & EDUCATION CESS

7. BANK GUARANTEES
TYPE OF SERVICE	REVISED CHARGES
Performance Guarantees	Rs.120 + 0.55 of BG amount per quarter; Min of 2 quarters
Other than Performance Guarantees	Rs.120 + 0.55 of BG amount per quarter; Min of 2 quarters

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8. FOREX TRANSACTIONS

Sl.No.	Facility	Charges
1.	Foreign Collection Bills	a. Upto 2.00 lacs Rs.500 per bill + actual courier charges. b. Above Rs.2.00 lacs 0.0625% + actual courier charges. (Minimum of Rs.750/-).
2.	Overdue Collection Bills Additional charges:	a. Upto Rs.2.00 lacs Rs.500/- per quarter. b. Above Rs.2.00 lacs Rs.1000/- per quarter.
3.	Export Letter of Credit	a. Advising charges: Minimum Rs.1000/- and for advising each amendment: minimum Rs.500/- b. For adding confirmation: As we are not adding confirmation to Export LC, not recommended charges for this category.
4.	Import Letter of redit/Revolving Letter of Credit	Commitment charges : 0.20% per quarter or part there of – for the full validity period. Usance Charges: Up to 10 days sight: 0.15% Above 10 days to three months: 0.25% Over 3 months: 0.10% pm in excess of first 3 mths. (Minimum Rs.1250/-) C. Reinstatement Charges, in the case of Revolving LC: As above
4. (a)	Buyers Credit/ Suppliers Credit	Commitment charges &Usance charges as prescribed for import LC under Point No. 4 above.
5.	Retirement or crystallization of import Bills under LC (DP bill within 10 days and Usance bill within the due date)	a. Foreign Currency import bill – 0.20%. b. Rupee Import Bill-0.25%
6.	Late payment commission for Retirement or Crystallisation import bills under LC (DP bill after 10 days and Usance bill after the due date)	Flat minimum charges of Rs.1000/- irrespective of bill amount has to be collected.
7.	For Foreign currency import bills against LC, where no exchange benefit accrue to the bank.	Flat minimum charges of Rs.1000/- irrespective of bill amount has to be collected.
8.	Commission on Import bills (not under LC) a. Foreign currency bill where exchange benefit is there. b. Rupee bills and FC bills where exchange benefit does not accrue.	a. Commission of 0.20% or Rs.1000/- b. Commission of 0.25% or Rs.1000/- whichever is higher. whichever is higher.
9.	For countersigning or Co acceptance	Commission – 0.10% pm.(Min. Rs.750/-)
10.	Inward Remittances: Encashment of TT/MT/DD for which cover has been recd in Nostro account.	No commission or interest to be charged.
11.	Encashment of TT/MT/DD for which cover has not been recd in Nostro A/c and Encashment of personal cheques, IMO, Bankers’ PO payable abroad.	Commission 0.125% plus interest at domestic commercial rate for 15 days.
12.	Collection of clean instrument.	Commission at 0.25%.
13.	Outward Remittance	On all outward remittances 0.125% with a minimum of Rs. 250/-.
14.	Outward remittances in respect of part or full advance payment against imports.	As applicable to imports.
15.	Issue of Foreign currency travellerscheques.	Commission at 0.50% - (Min. Rs.100/-).
16.	Issue of TC against foreign currency inward remittances recd.	Commission at 0.25%.
17.	EEFC Debits and Credits	a. To effect outward remittance to the debit of EEFC account 0.05% or Rs.250/- whichever is higher. b. To credit proceeds of Inward Remittance to EEFC A/c. 0.05% or Rs.250/- whichever is higher.
18.	Guarantee Commission (foreign) a. EPCG b. DPG c. Others d. 100% cash deposit e. Where no cash deposit or ECGC/ Govt. of India counter guarantee is not available. Guarantee in favour of shipping companies/ agencies for clearance of goods pending production of BL: a. Relating to imports under LCs opened by the branch b. Others not received under LC	a. 0.10% pm- Minimum Rs.500/-. b. 0.10% pm - Minimum Rs.750/-. c. 0.10% pm– Minimum Rs.750/-. d. 50% Normal rates. e. 1% per year. Minimum Rs.1000/- a. Minimum Rs.500/-. (i) 0.25% for three months (ii) Additional commission of 0.15% per month or part thereof as long as the guarantee remains current thereafter.

9. MISCELLANEOUS
TYPE OF SERVICE	REVISED CHARGES
POSTAL Ordinary Post Registered Post Speed Post Telegram/Telex/E-Mail Fax Courier	Actual (Min.Rs.10/-) Rs.35/- Rs.50/- Rs.75/- Rs.100/- Rs.25/-

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