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SERVICE CHARGES AND FEES
SAVINGS BANK 'NO FRILLS' SB ACCOUNT DEPOSITS LOANS LOCKER FACILITY SERVICE CHARGES AND FEES INTEREST RATE INTERNET BANKING
MAINTENANCE OF ACCOUNTS REMITTANCES COLLECTIONS PURCHASE/DISCOUNT OF CHEQUES/BILLS       CORP VAULTS/SAFE CUSTODY OF ARTICLES SOLVENCY CERTIFICATES ADVANCES BANK GUARANTEES MISCELLANEOUS
Welcome to LV Bank
As per RBI directives, IBA advised all member Bank's 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 render to the Customers.

SERVICE CHARGES AND FEES INCLUSIVE OF SERVICE TAX & EDUCATION CESS
 
1. MAINTENANCE OF ACCOUNTS
S.No TYPE OF SERVICE REVISED CHARGES
1.1 Ledger Folio Charges

SB
CA
Rs.10000 and below - Rs.60
Rs.10001-Rs.50000 - Rs.35
Rs.50001 and above-Rs.15

OCC/KCC/SOD
Manual Br
Comp.Br.

Nil

Rs.60/-
Rs.35/-
Rs.15/-


Rs.35/- per page
Rs. 3/- per entry
1.2 Duplicate pass book/statement


(for past entries of more than one folio additional charge @ 		Rs.30/-


(Rs.20/- per folio)
1.3 Cheque Leaf charges

MICR/NON-MICR
(Excluding SB A/c)

Rs.2/- per leaf

1.4 Non-maintenance of minimum balance

SB
CA

Rs.10/- per month
Rs. 5/- per day
1.5 Closure of accounts (for accounts which are closed within 6 months)

SB - Rs.25/-

CA - Rs.60/-
1.6 Stop payment instructions


SB
CA


Rs.50/- per cheque
Rs.50/- per cheque
1.7 Standing instruction


Entries within the same branch

Transactions involving credit to Another branch/centre


Rs.25/-

Rs.25/- + remittance charges + out of pocket charges
1.8 Confirmation of specimen signature


For obtaining loan from finance companies/institutions

For other purposes



Rs.50/- per confirmation

Rs.50/- per confirmation
1.9 Issue of Certificates

No objection/No dues/balance/ interest charged/cheque honoured/ Account maintaining etc.
NA
1.10 Enquiry of old transactions

For queries pertaining to entries upto one year

For queries pertaining to entries older than one year 		Once in a month free, more than once:
CA/SB - Rs.50/-

CA/SB - Rs.100/-
1.11 Issue of deposit certificate

Duplicate deposit certificate

Rs.30/- per certificate
1.12 Transfer of SB a/c

Within the bank
To other banks

Nil
As per Pay order/DD charges
1.13 Transfer of Deposits


Proceeds of interest

Within the bank-Nil To other banks - DD charges
1.14 Addition/Deletion of names in joint A/cs/ nomination/change in operational instructions NA
1.15 Allowing operation in an account through power of attorney/mandate NA
1.16 Change of authorized signatory including power of attorney/ mandate Rs.100/- per every change
1.17 For SB accounts withdrawal either by cheque or otherwise exceeding 30 per half-year-Rs.10/instrument
1.18 Loss of complete blank cheque book and surrender of unused cheque book (above 50% of unused leaves) For SB - Rs.100/-

For CA - Rs.200/-

                         Charges applicable  for "Any branch banking"  operations at CBS branches(w.e.f 18.06.2007)

 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

Above Rs 5000/- to 25000/-

Rs 50/-

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/-

 Clearing Instruments (Local clearing)

Account Type

Amount

Charges

                Limitations

 

All types of A/c

 

No Limit

50% of prevailing OBC charges

 

-

Remittance within clearing area 'AT PARA'

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

50 % of prevailing MT charges

 

-

Remittance with in clearing area 'AT PARA'

 

Service Charges for 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.100/-

SB-Rs.50/-

 
 
SERVICE CHARGES AND FEES INCLUSIVE OF SERVICE TAX & EDUCATION CESS
 
2. REMITTANCES
S.No TYPE OF SERVICE REVISED CHARGES
2.1 Remittance by Demand Draft/ Telegraphic transfer/ Pay Order Upto Rs.1000/- - Rs.15/-
Rs.1001-Rs.5000 - Rs.20/-
Rs.5001-Rs.10000 - Rs.25/-
Above Rs.10001 - Rs.2.25 per Rs.1000
2.2 Issue of Bankers' Cheque/Local DD/RBI/or SBI Cheque Upto Rs.1000/- - Rs.10/-
Rs.1001-Rs.5000 - Rs.15/-
Rs.5001-Rs.10000 - Rs.25/-
Above Rs.10001 - Rs.35/-
2.3 Revalidation/Cancellation/Issue of duplicate DD/Pay order
        Revalidation
        Cancellation
        Duplicate

Rs.50/instrument
Rs.50/instrument
Rs.50/instrument
 
SERVICE CHARGES AND FEES INCLUSIVE OF SERVICE TAX & EDUCATION CESS
 
3. COLLECTIONS
S.No TYPE OF SERVICE REVISED CHARGES
3.1 Collection of outward/inward cheques Inward & outward cheques

Upto Rs.500 - Rs.10/-
Rs.501 to Rs.1000 - Rs.15/-
Rs.1001 to Rs.5000 - Rs.25/-
Rs.5001 to Rs.10000 - Rs.45/-
Rs.10001 & above - Rs.4 per Rs.1000/-
3.2 Collection of outward/inward bills Inward & outward bills

Upto Rs.1000 - Rs.25/-
Rs.1001 to Rs.5000 - Rs.50/-
Rs.5001to Rs.10000 - Rs.70/-
Rs.10001to Rs.50000 - Rs.80/-
Rs.50001 & above - Rs.7/- per Rs.1000/-
3.3 Return/ Dishonour of cheques/bills

Local cheques
For SB a/cs
For CA,OD & CC a/cs

Outstation cheques/bills


Rs.50/- + interest
Rs.100/- + interest

50 % of collection charges
Min.Rs.50/-
 
SERVICE CHARGES AND FEES INCLUSIVE OF SERVICE TAX & EDUCATION CESS
 
4. 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
 
SERVICE CHARGES AND FEES INCLUSIVE OF SERVICE TAX & EDUCATION CESS
 
5. CORP VAULTS/SAFE CUSTODY OF ARTICLES
S.No TYPE OF SERVICE REVISED CHARGES
5.1 Type of cabinet

A
B
2A
D
2B
4A
2D
4B
2B1
4D
4D1
Rent

Rs.500
Rs.800
Rs.950
Rs.1000
Rs.1200
Rs.1300
Rs.1300
Rs.1400
Rs.1200
Rs.1600
Rs.1500 		Key deposit

Rs.8500
Rs.13500
Rs.16000
Rs.17000
Rs.20000
Rs.22000
Rs.22000
Rs.23500
Rs.20000
Rs.27000
Rs.25000
5.2 Safe custody Charges

Sealed cover

Sealed box

Rs.100/- p.a.

Rs.550/p.a (12x12x12 inches)
Rs.880/p.a (30x30x30 inches)
 
SERVICE CHARGES AND FEES INCLUSIVE OF SERVICE TAX & EDUCATION CESS
 
6. SOLVENCY CERTIFICATES
S.No TYPE OF SERVICE REVISED CHARGES
6.1 Call Deposit Receipt

Issue of call deposit receipt

Issue of duplicate call deposit receipt

Rs.25/-

Rs.40/-
6.2 Issue of Solvency Certificate

Upto Rs.1.00 lakh

Above Rs.1 lakh to Rs.3 lakh

Above Rs.3 lakh to Rs.5 lakh

Above Rs.5 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

Rs.600/-

Rs.1100/-

Rs.1800/-

Rs.2900/-

Rs.2900/-

Rs.6000/-

Rs.12000/-

 
SERVICE CHARGES AND FEES INCLUSIVE OF SERVICE TAX & EDUCATION CESS
 
7. 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
 
SERVICE CHARGES AND FEES INCLUSIVE OF SERVICE TAX & EDUCATION CESS
 
8.BANK GUARANTEES
S.No TYPE OF SERVICE REVISED CHARGES
8.1 Performance Guarantees Rs.120 + 0.55 of BG amount per quarter;
Min of 2 quarters
8.2 Other than Performance Guarantees Rs.120 + 0.55 of BG amount per quarter;
Min of 2 quarters
 
SERVICE CHARGES AND FEES INCLUSIVE OF SERVICE TAX & EDUCATION CESS
 
9.MISCELLANEOUS
S.No TYPE OF SERVICE REVISED CHARGES
9.1 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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