More than
100 years
of legacy.

Continuing on the path of success.

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Service Charges

1. Draft, Bankers Cheque, T.T. and Pay Order Charges (w.e.f. 01/04/2024):

Draft Type Charges (Rs.)
(i) Upto Rs. 1000.00 Rs.30.00 + GST
(ii) Rs.1000.00 to 10,000.00 Rs.40.00 + GST
(iii) Above Rs.10,000.00 Rs.3.00/thousand (minimum Rs.75.00 & maximum Rs.12,000.00)
(iv) For Duplicate Draft (Rs.150.00 + GST)
(v) For Draft revalidation (Rs.150.00 + GST)
(vi) For Draft Cancellation 50% of Draft Value (Maximum Rs.150.00 + GST)

2. Cheque Collection Charges (w.e.f. 01/04/2024):

Description of Service Rate (Rs.)
(i) Upto Rs 1,000.00 Rs 50.00 + GST + Other actual expenditure
(ii) From Rs 1,000.00 to Rs 20,000.00 Rs 100.00 Per Cheque + GST + Other actual expenditure
(iii) Over Rs 20,000.00 Rs 150.00 Per Cheque + GST + Other actual expenditure

3. Bill Collection Charges (w.e.f. 01/04/2024):

Description of Service Rate (Rs.)
(i) Upto Rs 5000.00 Rs 50.00 + GST + Other actual expenditure
(ii) From Rs 5000.00 to Rs 10,000.00 Rs 75.00 + GST + Other actual expenditure
(iii) Over Rs 10,000.00 Rs 6.00 per thousand or part thereof and minimum Rs 100.00 + GST and maximum Rs 25,000.00 + GST + Other actual expenditure

4. Bankers Cheque / Local Draft Charges (w.e.f. 01/04/2024):

Description of Service Rate (Rs.)
(i) Upto Rs 1000.00 Rs 30.00
(ii) From Rs 1000.00 to Rs 10,000.00 Rs 50.00
(iii) Over Rs 10,000.00 Rs 2.00 per thousand or part thereof and minimum Rs 50.00 and maximum Rs 25,000.00

5. Ledger Folio Charges ( w. e. f. 01/04/2024 ):

Description of Service Rate (Rs.)
(i) Current Account / Over Draft Account / Cash Credit Accounts Rs 15.00 per page
(ii) Duplicate Copy / Passbook Issuing Charges Rs 50.00 per passbook, Rs 30.00 per ledger or for the section
(iii) MICR Cheque Charges Rs 3.00 per page however, free supply of a 20 pages cheque book per savings accounts half yearly
(iv) Non MICR Cheque Charges Rs 3.00 per page however, free supply of a 20 pages cheque book per savings accounts half yearly
(v) The unpaid checks return charges
a. Local Cheque Rs 75.00
b. Outstation Cheques 50% of recovery charges but a minimum of Rs 150.00 + other actual expenses
(vi) Processing charges for Inactive accounts
a. Saving Account No charges
b. Current Account No charges
(vii) At the request of the customer, charges for issuing balance certificates
a. Charges for issue of Interest Certificate Rs 50.00 per certificate
b. Charges for issue of no dues Certificate Rs 50.00 per certificate, Government-sponsored plans, will be charged at Rs 15.00
(viii) Closing of A/c on Maturity (One year)
a. Normal Saving Bank Account Rs 50.00
b. Saving / Current bank A/c with Chequebook Rs 100.00
c. Recurring Deposit A/c Rs 50.00
d. A/c closed due to death of A/c holder No charges
(ix) Charges for adding / removing names in A/c
a. Charges for adding / removing names in A/c Rs 50.00 per context
b. Charges for enrollment changes in the A/c Rs 50.00 per context
(x) Charges for requesting payment stop
a. Charges for requesting payment stop Rs 50.00 per cheque
(xi) Charges for not maintaining the minimum balance
a. Current Account Rs 125.00 / Half year
b. Saving Account (without chequebook) Rs 50.00 / Half year (No charges for Pensionars / Senior Citizen / Salary Accounts / Disabled pension / Scholarship / Old Age Pension / NREGA / MREGA / A/c open under Govt schemes)
c. Saving Account (with chequebook) Rs 60.00 / Half year (No charges for Pensionars / Senior Citizen / Salary Accounts / Disabled pension / Scholarship / Old Age Pension / NREGA / MREGA / A/c open under Govt schemes)
(xii) Initial and minimum deposit
a. Current Account 1. For Individual A/c holders Rs 2500.00
2. For Institutes Rs 5000.00
b. Saving Account (without chequebook) Rs 500.00
c. Saving Account (with chequebook) Rs 1000.00
d. Saving Account (Pensionars / Senior Citizen / Salary Accounts / Disabled pension / Scholarship / Old Age Pension / NREGA / MREGA / A/c open under Govt schemes) only Initial Fees Rs 100.00

6. Demand or Record Charges (w.e.f. 01/04/2024):

Description of Service Rate (Rs.)
(i) Upto one year No Charges
(ii) One year upto three year Rs.100.00
(iii) Three year upto five year Rs.200.00
(iv) Over five year Rs.500.00