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Service Charges

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 the latest charges revision of our Bank on various services rendered to the Customers.

MAINTENANCE OF ACCOUNTS

S. No	Type of Charge	Existing Charge	Revised Charges
1	Ledger Folio charges	SB - Nil	SB: NIL
		CA: 1. Rs. 3 per txn with a minimum of Rs. 50/- per quarter (If AQB is up to Rs.50000/-) 2. Rs.2 per txn with a minimum of Rs.30/- per quarter (if AQB is above Rs.50000/-)	CA: Free 30 transactions per month(i.e. 90 transactions per quarter) after that Rs.3 per transaction subject to a min of Rs.25/quarter for all CA products wherever folio charges applicable
2	Duplicate passbook Savings)	Rs. 50 per book
3	Physical Statement	Rs. 50 per statement
4	Cheque leaf charges	Rs.1.00 per leaf	SB - 25 leaves free for the first time for all eligible a/cs, thereafter Rs. 3 per leaf.
			CA - Rs.3 per leaf.
5	Closure of A/C's (for A/Cs which are closed within 12 months from the date of opening)	SB Rates (Rs.) Rural 100 Non Rural 150 CA Rates (Rs.) Rural 200 Non rural 400	SB	Rates (Rs.)
			Rural	100
			Non Rural	150

			CA	Rates (Rs.)
			Rural	200
			Non rural	400
6	Stop payment instructions SB	For SB Rs.50/- per Cheque Rs.150/- for series of Cheques (more than 3 Cheques) For CA Rs.100/- per Cheque Rs.250/- for series of Cheques (more than 3 Cheques)	For SB & CA- Rs.100/- per Cheque Rs.300/- for series of Cheques (more than 3 Cheques) per instance.
	CA
7	Standing Instruction (CASA & FD)	Charges for standing instructions within the bank free
		For Outside Bank
		Amount Slab	Charges
		Deposit amount upto Rs.1 lac	Rs.50
		Deposit amount above Rs.1 lac to Rs.10 lacs	Rs.100
		Deposit amount above Rs.10 lacs	Rs.150
		For CASA accounts	Rs.50
		Periodical Remittances / Interest and Maturity Pay -Out Charges
		Amount Slab	Charges
		Amount up to Rs 10000/-	NIL
		Amount above Rs 10000/- to Rs.1 lakh	Rs.5
		Amount above Rs. 1 lakh to Rs.2 lakh	Rs.15
		Amount above Rs. 2 lakhs	Rs.25
8	Confirmation of Signature (Specimen) For Obtaining Loan from Finance Companies/ Institutions and Other Purposes	Rs.25/- for rural & Rs.100/- for non-rural
9	Issue of Certificates No Objection/No Dues / Balance/ Interest Charged/ Cheque Honored/ A/c Maintained	Rs. 50/- Rural
		Rs.100/- For 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 up to 1 year	SB	CA
		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 (For FD)	Rs.50/- per certificate.
12	Transfer of deposits proceeds/Interest (For FD)	Within bank- Nil
		To other banks - NEFT/RTGS standing instruction set up charges plus slab wise charges as mentioned in ELECTRONIC PAYMENT PRODUCTS (RTGS/NEFT/ECS)
13	Change of Authorized Signatory Including Power of Attorney/ Mandate	Rs.100/- Per Every Change
14	For SB A/C’s Withdrawal Either by Cheque or Otherwise Exceeding	30 Transactions per half-year - Thereafter Rs.10/- per transaction. The number of withdrawals is restricted to Cheque transactions only (CASH/TR/CLG) Other Debits - Standing Instructions, ATM withdrawals and ECS to A/Cs are exempted.

15	Solvency certificate	Up toRs.1 Lac Rs.1 - 3 Lac Rs.3 - 5 Lac Rs.5 - 10 Lac Rs.10 - 25 Lac Rs.25 - 50 Lac Rs.50 Lac and above		0.25% of the solvency certificate amount. (Minimum - Rs.500/-)
16	Collection of Inward/ Outward Cheques (Out Station)	Free
17	Return/Dishonor of Cheques/Bills	Inward return(Existing)		Inward return (Revised)
		SB : Rs.50 /-		SB: Rs.200/-
		CA: Rs.100/-		All CA: Rs.250/-

		Outward return(Existing)		Outward return(Revised)
		SB: Rs.150/-		SB : Rs.50/-
		CA: Rs.200/-		CA: Rs.100/-
18	Remittance by Demand Draft/Pay Order	Upto Rs.1000 - Rs. 15/- Rs.1001-5000 Rs.20 Rs.5001-10000 Rs.25 Rs.10001 and above Rs.2.25/- per Rs.1000		Up to Rs.1000		Rs.15
				Rs.1001-5000		Rs.20
				Rs.5001-10000		Rs.25
				Rs.10001 and above		Rs.3.00/- per Rs.1000 (Revised)
19	Revalidation / Cancellation / Issue of duplicate of DD/PO/RBI / SBI Cheque	Rs.50/- per instrument
20	SMS	Charges of Rs.0.50 paisa per SMS (Levied quarterly)
21	IRCTC Payments - using debit card	Rs.10.00 per txn may be levied for the railway bookings in IRCTC through net banking / debit card
22	Locker Operations	1. Five operations per month free of charge 2. Rs. 50.00 per operation for more than five operations
23	JDL Notice charges	1. Out of pocket expenses of Rs. 10.00 per notice sent to the JDL account holders (for the notices sent for shortage of security value) 2. The branches to collect the registered notice charges separately, in respect of accounts for which auction notice and other notices sent through Registered Post.
24	Cash Deposit -Savings	Base Branch	Unlimited	Base Branch	Free 1st 5 transactions per month (or) Up to 5 lakhs per month whichever is earlier, thereafter Rs.2/1000. (Inclusive of Base and non-base branch )
		Non Base Branch	Free up to Rs.5000/- per day thereafter Rs.1/1000	Non Base Branch
25	Cash Deposit – Applicable only for Current Account-Others.	Base Branch	Unlimited	Base Branch	10 times of previous month AMB, thereafter Rs.2/1000. (Inclusive of Base and non-base branch)
		Non Base Branch	Free up to Rs.5000/- per day thereafter Rs.1/1000	Non Base Branch

The above charges are generic charges and the product level charges will supersede the above grid if any.

NON MAINTENANCE CHARGES(NMC) - SAVINGS REVISED

S. No	Shortfall in Required AQB	Percentage of Charges on The Actual Shortfall	Maximum Cap INR Excluding GST
1	0 <= 50%	10%	500
2	>50% to 100%	15%	750

The above grid will be applicable for all savings account products including premium accounts where we have a minimum balance requirement except Lakshmi Kissan account.

NON MAINTENANCE CHARGES(NMC) – CURRENT

CA Account others

Required Balance

Penal charges for non-maintenance of minimum balance

Rs.5000/-

Rs.200/-

ELECTRONIC PAYMENT PRODUCTS (RTGS/NEFT/IMPS)

PRODUCT	LIMITATION	CHARGES (EXCLUDING GST)
Outward RTGS transactions	INR 2 lakhs to INR 5 lakhs	20/-
	More than INR 5 lakh	45/-
	Up to INR 10,000	NIL
Outward NEFT transactions	Up to INR 10,000	NIL
	Above INR 10000 TO 1 Lakh	5/-
	Above INR 1 Lakh to INR 2 Lakh	15/-
	Above INR 2 Lakh	25/-
Outward IMPS transactions	Up to Rs.10,000/-	5/-
	Above Rs.10,000/- to 1 Lakh	5/-
	Above Rs.1 Lakh to Rs.2 Lakhs	15/-
	Above Rs.2 Lakhs	NA
Inward RTGS/NEFT/IMPS	All Inward RTGS/NEFT/IMPS	NIL

DEBIT CARD CHARGES (EXCL GST)

Category	Visa Classic	Visa Platinum	Visa Signature	Rupay Classic	Rupay Platinum
Issuance Charges - First time	NIL	NIL	NIL	NIL	NIL
Annual Fee	100	200	700	100	200
Duplicate card charge	200	200	200	200	200
Duplicate Pin Mailer	100	100	100	100	100
International withdrawal charges (cash)	100	100	100	100	100
International balance enquiry charges	25	25	25	25	25

ATM WITHDRAWAL CHARGES

Type of Transactions

Particulars

Charges Above the Free Limit

LVB customer using other banks ATM

1. Three free transactions per month in other banks ATMs if located at six metros (Mumbai, New Delhi, Bengaluru, Hyderabad, Chennai and Kolkata)

2 .Five free transactions per month in other bank ATMs if located at other than the above Metro places. (These free (5) transactions can be availed by the customers by combining metro and non-metro centres, but with a maximum of 3 free transactions at metro centres.)

Rs.18/- per financial transaction & Rs.6/- per non- financial transaction (Both inclusive of GST)

With effect 01 Aug 2021

Rs.20/- per financial transaction & Rs.8.5/- per non- financial transaction (+ GST as applicable)

LVB customer using LVB ATM

Unlimited free transactions.

No Charges

SERVICE CHARGES FOR BASIC SAVINGS BANK DEPOSIT (BSBD) ACCOUNTS

S. No	Type of Service	Revised Charges
1	Issue of Cheque Book	No Cheque book will be issued and no charges
2	Issue of ATM Card	Only Rupay Classic Card will be issued at free off cost
3	Withdrawals	Four withdrawals in a month including ATM withdrawals free of charges Beyond 4 withdrawals : No further withdrawals

BSBD account holders will be provided services as mandated by the RBI.

LOCKER CHARGES (PER ANNUM, EXCL GST)

Locker Type	Revised Locker Type	Category	Locker Size (in Inches) *(HWD)*	Rural Branches	Semi Urban Branches	Urban Branches	Metro Branches
A	S1	Small	5621	Rs. 850	Rs.900	Rs.1200	Rs.1300
B	S2	Small	6721	Rs. 1000	Rs.1200	Rs.1500	Rs.1750
2A	S4	Small	51321	Rs. 1600	Rs.1800	Rs.2200	Rs.2500
D	S3	Small	7921	Rs. 1500	Rs.1700	Rs.2200	Rs.2500
2B	M2	Medium	61621	Rs. 2600	Rs.2800	Rs.3400	Rs.3600
4A	M4	Medium	111321	Rs. 3500	Rs.4000	Rs.4500	Rs.5000
2D	M3	Medium	72021	Rs. 3500	Rs.4000	Rs.4500	Rs.5000
4B	L1	Large	121621	Rs. 4500	Rs.5000	Rs.6000	Rs.6500
2B1	M1	Medium	13721	Rs. 2500	Rs.2700	Rs.3200	Rs.3500
4D /L	L3	Large	162021	Rs. 5500	Rs.6500	Rs.7500	Rs.8500
4D1	L2	Large	152021	Rs. 5000	Rs.5500	Rs.7000	Rs.8000

RETAIL ASSETS SERVICE CHARGES

Retail Assets - Service Charges(All Charges Are GST Excluded )
S.No	Product	Services	Existing Charges	Proposed Revised Charges
1	All products	Penal Interest	Penal int @ 18% per annum i.e., 1.5% per month on the overdue installments	Penal int @ 18% per annum i.e., 1.5% per month on the overdue installments
2	All products	Cheque Bouncing Charges	NA as we don’t follow ECS	NA as we don’t follow ECS
3	All products	Cheque swapping Charges	NA as we use our bank alone	NA as we use our bank alone
4	All products	Duplicate Statement issuance charges	NIL	Rs.250/- per statement
5	All products	Credit Report Issuance Charges	NIL	Rs.50/- per report
6	All products	Switching Fee ( BPLR to MCLR)	modification charges - upto 25lacs - Rs.2k, 25.1 < 1cr - Rs.4k, > 1cr - Rs.5k	Upto 50lacs : 0.5% of POS or 5000 whichever is lower.2) >50lacs: 0.25% of POS or 10000.00 whichever is lower
7	All products	Switching Fee (Floating to Fixed)	modification charges – up to 25lacs - Rs.2k, 25.1 < 1cr - Rs.4k, > 1cr - Rs.5k	0.5% of POS
8	All products	Switching Fee ( Fixed to Floating)	modification charges - upto 25lacs - Rs.2k, 25.1 < 1cr - Rs.4k, > 1cr - Rs.5k	0.5% of POS
9	All products	Switching Fee ( Higher to Lower floating rate)	modification charges - upto 25lacs - Rs.2k, 25.1 < 1cr - Rs.4k, > 1cr - Rs.5k	0.5% on POS or 5000.00 whichever is lower

RETAIL ASSETS – PRODUCT SPECIFIC SERVICE CHARGES

(All Charges Are GST Excluded )
S. No	Product	Services	Existing Charges	Revised Charges
1	LHL	Processing Fees	1)<25lacs: 0.40% of Loan amount or 10000.00 whichever is lower. 2) >50lacs : 0.25% of Loan amount or 20000.00 whichever is lower	w.e.f. 10th June 2021 Home Loan (For any quantum of loan): Rs. 10,000/- plus taxes
		Part Prepayment Charges	Nil	Nil
		Foreclosure Charges	Nil	Nil
		Switch over/ Repricing Charges	0.5% of POS	Rs.5000/- (Fixed to Floating or vice-versa and MCLR linked to REPO linked rate or vice-versa) or the amount that may be mutually agreed upon accepting the service request from customer
2	LLAP	Processing fees	1% with 0.5% waiver at the level of RH / AGM ( Consumer Lending)	w.e.f. 10th June 2021 Loan Against Property (Retail Segment): upto 1% as may be mutually agreed and so brought out in the loan agreement
		Part Prepayment Charges	Nil	Nil
		Foreclosure Charges	Nil	Nil
		Switch over/ Repricing Charges	0.5% of POS	Rs.5000/- (Fixed to Floating or vice-versa and MCLR linked to REPO linked rate or vice-versa) or the amount that may be mutually agreed upon accepting the service request from customer
3	LRL	Processing Fees	0.50%	0.50%
		Part Prepayment Charges	2%	Nil
		Foreclosure Charges	2%	Nil
4	LHL- OD	Processing Fees	1)<25lacs: 0.40% of Loan amount, with a minimum of Rs.2000/- or 10000.00 whichever is lower. 2) >50lacs : 0.25% of Loan amount or 20000.00 whichever is lower	1)<25lacs: 0.40% of Loan amount, with a minimum of Rs.2000/- or 10000.00 whichever is lower. 2) >50lacs : 0.25% of Loan amount or 20000.00 whichever is lower
		Part Prepayment Charges	Nil	Nil
		Foreclosure Charges	Nil	Nil
5	LHL-TU	Processing Fees	0.4% of Loan amount	0.4% of Loan amount
		Part Prepayment Charges	Nil	Nil
		Foreclosure Charges	Nil	Nil
6	LPVL	Processing Fees	0.5% of Loan amount subject to minimum of Rs.1000/- and maximum of Rs.10000/- for Four wheelers. For 2 wheelers minimum of Rs.750/- to be collected	0.5% of Loan amount subject to minimum of Rs.1000/- and maximum of Rs.10000/- for Four wheelers. For 2 wheelers minimum of Rs.750/- to be collected
		Part Prepayment Charges	Nil	2% of Principle O/s
		Fore closure Charges	Nil	4% of Principle O/s
7	VLL	Processing Fees	Nil	Nil
		Part Prepayment Charges	Nil	Nil
		Foreclosure Charges	Nil	Nil
8	JDL ( Non -Agri)	PF	0.3% of loan amount upto 25000, 0.4% of loan amount above 25000	0.3% of loan amount upto 25000, 0.4% of loan amount above 25000
		Part Prepayment Charges		Nil
		Foreclosure Charges		Nil
9	LEL	Processing Fees	0.25% of Loan amount	0.25% of Loan amount
		Part Prepayment Charges	Nil	Nil
		Foreclosure Charges	Nil	Nil
10	LLAS	Processing Fees	0.25% of Loan amount, subject to minimum of 2500.00	0.25% of Loan amount, subject to minimum of 2500.00
		Part Prepayment Charges	Nil	Nil
		Foreclosure Charges	Nil	Nil

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