|
HO:CIRCULAR:No.3/2008 Dated:30.01.2008 ANNEXURE
‘A’ |
||||||||||||||
|
ISSUANCE OF
DEMAND DRAFTS/MAIL TRANSFERS/TPO (Non-
Cash Basis)
(TO BE READ WITH NOTES GIVEN BELOW ) |
||||||||||||||
|
Sl.No |
Category |
CHARGES |
||||||||||||
|
|
|
Non
Individuals |
Individuals
/ customers of Semi-urban, Urban
and Metro branches |
Individuals/Customers
of the Bank in rural areas, pensioners & senior citizens |
||||||||||
|
1 |
FOR
GENERAL PUBLIC:
(EXCLUDING
STUDENTS) |
|
|
|
||||||||||
|
1(i) |
Drafts
upto
Rs. 10000/- |
Rs. 40/-
|
Rs.35/- |
Rs.30/- |
||||||||||
|
1(ii) |
Drafts above
Rs. 10000/- |
Rs. 3.00 per Rs 1000/- or part thereof subject to
Minimum Rs. 40/- and MAXIMUM: Rs.
12000/-. |
Rs. 2.75 per Rs 1000/- or part thereof subject to Minimum
Rs. 35/- and MAXIMUM: Rs. 12000/-. |
Rs. 2.50 per Rs 1000/- or part thereof subject to Minimum
Rs. 30/- and MAXIMUM: Rs. 12000/-. |
||||||||||
|
1(iii) |
FOR
STUDENTS :DRAFTS (in
respect of education/ examination fee only) |
N.A. |
Rs.20/-.for
Drafts upto Rs.5000/- ABOVE Rs.5000/-,
normal rate will apply. (Free for students availing Education loan from our Bank.) |
Rs.20/-.for
Drafts upto Rs.5000/- ABOVE Rs.5000/-,
normal rate will apply. (Free for students availing Education loan from our Bank.) |
||||||||||
|
2
TELEGRAPHIC TRANSFERS: |
||||||||||||||
|
2(i) |
|
Facility not in use. |
||||||||||||
|
Credit/Deposit Scheme (including No Frill account)
specific concessions would continue as mentioned specifically in the
concerned Scheme. |
||||||||||||||
|
3 |
DEMAND DRAFTS:
REVALIDATION, CANCELLATION ISSUANCE OF DUPLICATE INSTRUMENTS ETC.
(Separate provisions for STUDENTS have also been provided at footnote
# ) |
|||||||||||||
|
3(i) |
DEMAND
DRAFTS REVALIDATION * |
Upto
Rs.10000/- Rs 50/- Above Rs.10000/-
Rs.100/- |
Upto
Rs10000/-Rs.45/- Above
Rs.10000/- Rs.90/- |
Upto
Rs10000/-Rs.40/- Above
Rs.10000/- Rs.80/- |
||||||||||
|
3(ii) |
DEMAND
DRAFTS CANCELLATION* |
Upto
Rs.10000/- Rs.80/- Above Rs.10000/- Rs.100/- |
Upto
Rs.10000/Rs.70/-
Above
Rs.10000/- Rs.90/- |
Upto
Rs10000/-Rs.60/- Above
Rs.10000/- Rs.80/- |
||||||||||
|
3(iii) |
Cancellation of Lost Instrument(s)* |
Rs.
100/- per instrument
irrespective of amount. |
Rs.
90/- per instrument irrespective
of amount. |
Rs.80/-per
instrument irrespective of amount |
||||||||||
|
*Plus
Actual Out Of Pocket Expenses incurred for having taken up the matter
with the drawee branch. # For Students: If demand draft(s) were
got issued for educational purposes, students will be required to pay only
Rs.10/- per instrument in respect of item no. 3 (i) (ii) & (3 iii). |
||||||||||||||
|
4 |
ISSUANCE OF
DUPLICATE DEMAND DRAFTS : |
|||||||||||||
|
4 (I) |
Upto
Rs. 10000/ |
Rs.75/-
+ Actual Out of Pocket expenses
incurred |
Rs.65/-
+
Actual Out of Pocket expenses incurred. |
Rs.60/-
+ Actual Out of Pocket expense
incurred. |
||||||||||
|
4 (ii) |
Rs 10001/ to Rs. 1,00,000/ |
Rs.125/-
+ Actual Out of Pocket expenses
incurred. |
Rs.110/-
+ Actual Out of Pocket expenses
incurred. |
Rs.100/-
+ Actual Out of Pocket expenses
incurred. |
||||||||||
|
4(iii) |
Above
Rs. 1,00,000/ |
Minimum: 50% commission chargeable, for issuance of
draft, on the date of request or Rs.155/-, whichever is higher. |
Minimum:
50% commission chargeable, for issuance of draft, on
the date of request or Rs.140/-, whichever is higher. |
Minimum: 50% commission chargeable, for issuance of
draft, on the date of request or Rs.130/-, whichever is higher. |
||||||||||
|
|
Charges |
|
|||||
|
|
|
Non
Individuals |
Individuals/customers
of Semi-urban, Urban
and Metro branches |
Individuals/Customers
of the Bank in rural areas, pensioners & senior citizens |
|
||
|
5
ISSUANCE/REVALIDATION/CANCELLATION/DUPLICATE IN LIEU OF ORIGINALLY
ISSUED BANKERS CHEQUE/CASH ORDER:(READ NOTES* GIVEN BELOW ALSO) |
|||||||
|
5 (I) |
ISSUANCE
OF BANKERS CHEQUE /CASH
ORDER Upto Rs.10,000/-
|
Rs.40/-
|
Rs.35/- |
Rs.30/- |
|||
|
5 (ii) |
Above
Rs.10,000/- |
Rs. 3.00 per Rs 1000/- or part thereof subject to Minimum
Rs. 40/- and Maximum Rs.12000/-
|
Rs.2.75
per Rs 1000/- or part thereof subject to Minimum
Rs. 35/- and Maximum Rs. 12000/-. |
Rs.2.50
per Rs 1000/- or part thereof subject
to Minimum Rs. 30/- and
Maximum Rs.12000/-
|
|||
|
5 (iii) |
Revalidation/ Cancellation/ Issuance of
duplicate CASH ORDER* |
Upto
Rs.10000/ :Rs.50/- Above
Rs.10000/- Rs.100/- |
Upto
Rs.10000/:Rs.45/- Above
Rs.10000/-Rs.90/- |
Upto
Rs.10000/-:Rs.40/- Above
Rs.10000/- Rs.80/- |
|||
|
REMITTANCE OF FUNDS: (FOR
REMITTANCES/RETIREMENT OF BILLS THROUGH CASH, 20% EXTRA TO BE CHARGED IN
ALL CASES, EXCEPT STUDENTS, MENTIONED BELOW) Students are exempted from additional
charges of 20% for issuance of drafts/ Pay orders, against deposit of
cash, for educational purposes. |
|||||||
|
* (NO CHARGES FOR PREMIUM SAVINGS FUND
AND PREMIUM CURRENT ACCOUNT CUSTOMERS for
REVALIDATION/CANCELLATION/DUPLICATE IN LIEU OF ORIGINALLY ISSUED BANKERS
CHEQUE/CASH ORDER |
|||||||
|
Notes:
I.
For
issuance of Demand Draft / Cash Order, guidelines issued by HO, from time
to time be followed.
II.
Out of pocket expenses like telegram and telex charges for
TTs and Regd. dak charges for sending drafts/pay orders/other instruments
on behalf of customers MUST BE RECOVERED IN FULL.
III.
NO CHARGES TO BE LEVIED FOR ISSUANCE OF DEMAND DRAFT/CASH ORDERS ISSUED
FOR PAYMENT OF PROCEEDS DUE TO RESTRICTIONS UNDER INCOME TAX ACT
FOR PAYING IN CASH IN RESPECT OF MATURED DEPOSIT ACCOUNTS LIKE TERM
DEPOSITS AND PPF OR OTHER SUCH ACCOUNTS UNDER GOVT. RUN SAVINGS SCHEMES
IV.
PREMIUM SAVINGS A/C. AND CURRENT A/C. CUSTOMERS (FOR ALL PURPOSES
IN THIS CIRCULAR) HAVE BEEN DEFINED AS UNDER: a)
PREMIUM SAVINGS A/C
CUSTOMER: CUSTOMERS WHO HAVE
MAINTAINED MINIMUM BALANCE OF RS. 25000/- THROUGHOUT THE PREVIOUS MONTH.
FOR CBS BRANCHES MINIMUM QUARTERLY AVERAGE BALANCE SHALL BE RS.25000/- b)
PREMIUM CURRENT ACCOUNT
CUSTOMER: CUSTOMERS WHO HAVE
MAINTAINED MINIMUM BALANCE OF RS. 100000/- THROUGHOUT THE PREVIOUS MONTH.
FOR CBS BRANCHES MINIMUM QUARTERLY AVERAGE BALANCE SHALL BE
RS.100000/-. |
|||||||
|
6. |
CHEQUE BOOK CHARGES: |
||||||
|
6 (i) |
ISSUANCE
OF MICR Cheque Books |
Rs.
2.50 per cheque leaf. |
Rs.
2.25 per cheque leaf. |
Rs.
2.00 per cheque leaf. |
|||
|
6 (ii) |
ISSUANCE
of Multicity Cheque Books |
Rs.2.50
per cheque leaf. |
Rs.
2.25 per cheque leaf. |
Rs.
2.00 per cheque leaf. |
|||
|
6 (iii) |
ISSUANCE
OF Non-MICR Cheque Books |
Rs.2.50
per cheque leaf. |
Rs.
2.25 per cheque leaf. |
Rs.
2.00 per cheque leaf. |
|||
|
7. |
Free
cheque leaves to Premium (Current Account) Customers |
200 Free Cheque Leaves in a Calendar year. |
200 Free Cheque Leaves in a Calendar year. |
200 Free Cheque Leaves in a Calendar year. |
|||
|
|
|
Charges |
|||
|
|
|
Non
Individuals |
Individuals/customers
of Semi-urban, Urban
and Metro branches |
Individuals/
Customers of the Bank in rural areas, pensioners & senior citizens |
|
|
8. |
Free
Cheque Leaves to Saving Fund Account Customers (except Premium SF
customers) |
20 cheque leave free per half year. |
20 cheque leaves free per half year. |
20 cheque leaves free per half year. |
|
|
9. |
PREMIUM
(SAVING FUND) CUSTOMERS: |
Free of charge
cheque book facility without any limit on cheque usage. |
Free of charge
cheque book facility without any limit on cheque usage. |
Free of charge
cheque book facility without any limit on cheque usage. |
|
|
10. |
PERSONALISED
CHEQUE BOOK (BEARING NAME AND ACCOUNT NUMBER DULY PRINTED) |
Actual expenditure
or charges prescribed
for issuance of Multicity cheque book, whichever is higher.(to the
debit of customers’ account) |
Actual
expenditure or Charges prescribed for issuance
of Multicity cheque book, whichever is higher. (to the debit of customers’ account) |
Actual
expenditure or charges prescribed for issuance of Multicity
cheque book, whichever is higher. (to the debit of customers’ account) |
|
|
11. |
ATM
CARD/DEBIT-CUM-ATM CARD |
Issuance
: Free Replacement
of damaged Card: Free Replacement of lost Card: Rs.100/- |
Issuance
: Free Replacement
of damaged Card: Free Replacement of lost Card: Rs.100/- |
Issuance
: Free Replacement
of damaged Card: Free Replacement of lost Card: Rs.100/-. |
|
|
12. |
Interest
Certificate in Deposit Accounts NOTE:
one certificate to be issued
‘free of cost’ every year. |
Rs.60/- for all type of accounts |
Rs.50/- for all type of accounts |
Rs.40/- for all type of accounts |
|
|
13. |
Balance
Certificate/ other certificate, in Deposit Accounts |
Rs.60/- (Other than those which have been
specifically mentioned or exempted vide any circular of the bank) |
Rs.50/- (Other than those which have been
specifically mentioned or exempted vide any circular of the bank ) |
Rs.40/- (Other than those which have been
specifically mentioned or exempted vide any circular of the bank ) |
|
|
14. |
ATTESTATION
OF SIGNATURES/ PHOTOGRAPH |
|
|||
|
15. |
STOP
PAYMENT INSTRUCTIONS |
Rs. 75/- per instrument, Maximum Rs.
500/- per reference. |
Rs. 40/- per instrument,
Max. Rs. 300/- per
reference. |
Rs.
35/- per instrument, Maximum Rs. 250/- per reference. |
|
|
These charges
are to be levied only once i.e. at the time of accepting the instructions
for stop payment and no charges be levied while actually returning such
instruments through clearing. |
|||||
|
16 |
ISSUANCE OF
DUPLICATE Statement /PASS BOOK |
||||
|
16 (i) |
ONLY WITH LATEST BALANCE |
Rs.50/- per passbook |
Rs.45/- per
passbook |
Rs.40/- per
passbook |
|
|
16 (ii) |
FOR PREVIOUS ENTRIES: PER
ENTRY/RECORD |
Rs.2.00 per entry/record, Minimum Rs.100/ -
Maximum Rs1000/- |
RS.1.50 per entry/record, Minimum Rs.75/-, Maximum
Rs.1000/- |
RS.1.00 per entry/record, Minimum Rs.50/-, Maximum
Rs.1000/- |
|
|
17. |
ACCOUNT CLOSURE CHARGES: FOR
CLOSING RECURRING DEPOSIT ACCOUNT WITHIN 1 YEAR OF THEIR OPENING:
Rs.100/- (ON ACCOUNT OF DEATH OF CUSTOMER, NO CHARGES SHOULD BE
LEVIED). Benefit of waiving penalty for delayed payments
against payment of equal number of advance instalments in Recurring
deposit account is not available. However, The Interest should be paid at
applicable rate after deducting penalty charges. |
||||
|
|
|
Charges |
||||
|
|
|
Non
Individuals |
Individuals/customers
of Semi-urban, Urban
and Metro branches |
Individuals/Customers
of the Bank in rural areas, pensioners & senior citizens |
||
|
17 (i) |
FOR CLOSING SF ACCOUNT WITHIN 1
year OF THEIR OPENING (EXCEPT IN CASE OF DEATH OF CUSTOMER) |
Rs.100/- |
Rs.90/- |
Rs.80/- |
||
|
17 (ii) |
FOR CLOSING CURRENT ACCOUNT WITHIN
1 year OF THEIR OPENING (EXCEPT IN CASE OF DEATH OF CUSTOMER) |
Rs.150/- |
Rs.100/- |
Rs.100/- |
||
|
18 |
PENALTY CHARGES FOR DEPOSITING DELAYED
INSTALMENTS IN RECURRING DEPOSIT ACCOUNTS |
PENALTY CHARGES to be levied for delayed
instalments in Recurring Deposit Accounts @ Rs.2/- for Rs.100/ p.m.
irrespective of periodicity of deposit |
PENALTY CHARGES to be levied for delayed
installments in Recurring Deposit Accounts @Rs.2/- for Rs.
100/- p.m. irrespective of periodicity of
deposit. |
PENALTY CHARGES to be levied for delayed
installments in Recurring Deposit Accounts @ Rs.2/-
for Rs. 100/- p.m. irrespective of periodicity of
deposit. |
||
|
19 |
Balance Enquiry |
Free. |
Free |
Free |
||
|
20 COLLECTION SERVICES :
To be read with notes at serial No. i to vii mentioned after
item no. 24*
|
||||||
|
20 (i) |
COLLECTION
OF LOCAL CHEQUES THROUGH CLEARING |
Free |
Free |
Free |
||
|
21 |
COLLECTION
OF OUTSTATION CHEQUES (Except cheques which are to be debited through
system) |
|||||
|
21 (i) |
Upto
Rs. 10,000/- |
Rs.40/-
plus actual out of pocket expenses. |
Rs 35/- plus actual out of pocket
expenses |
Rs 30/- plus actual out of pocket of
expenses. |
||
|
21
(ii) |
Above
Rs.10000/- upto Rs. 50000/- |
Rs.4.50/-
per Rs1000/- subject to MINIMUM:
Rs.55/-, + out of pocket expenses. |
Rs.
4/- per 1000/-, Min.Rs.45/-, + actual
out of pocket expenses
|
Rs.3.50 per 1000/-, Min.Rs.40/- plus
actual out of pocket expenses. |
||
|
21
(iii) |
Above Rs.50000 |
Rs.4/-
per 1000, Min.Rs.225/-, Max. Rs.12000/-+ actual out of pocket expenses. |
Rs.
3.60 per 1000, Min.Rs.200/-,
Max. Rs.12000/- + actual out of pocket expenses
|
Rs.3.20 per 1000, Min. Rs.175/-, Max.
Rs.12000/-+ actual out of pocket expenses. |
||
|
22 |
OUTSTATION
INSTRUMENTS of SMALL VALUE upto Rs. 500/- |
Rs.10/- plus actual out of pocket
expenses. |
Actual out of pocket expenses. |
Actual out of pocket expenses only |
||
|
23 |
OUTSTATION
GIFT CHEQUES upto Rs.500/- |
At
par.
However, actual out of pocket expenses are to be recovered. (Scheme
since withdrawn) |
At par.
However, actual out of pocket expenses are to be recovered. (Scheme
since withdrawn)
|
At par.
However, actual out of pocket expenses are to be recovered. (Scheme
since withdrawn) |
||
|
|
|
Charges |
||
|
24 |
Collection of Other Bank’s Deposit Receipts on
Maturity |
Collecting bank shall levy
charges as applicable to remittances. In the case of local collection
charges as applicable to banker’s cheque be levied. Paying bank is not
to levy any service charges. |
||
*NOTES IN RESPECT OF ITEM NO.
20 TO 24:
I.
ACTUAL POSTAGE, TELEGRAM CHARGES AND ANY OTHER OUT OF POCKET EXPENSES
HAVE TO BE RECOVERED IN FULL FROM THE CUSTOMERS OTHER THAN THE STAFF MEMBERS (INCLUDING HONORABLY RETIRED
EX-STAFF MEMBERS AND THEIR WIDOWS/WIDOWERS.
II.
COLLECTION CHARGES IN CASE OF OUTSTATION CHEQUES SHOULD BE LEVIED ON
THE GROSS AMOUNT OF THE INSTRUMENT.
III.
ALL CHARGES ARE TO BE NORMALLY
RECOVERED FROM THE PROCEEDS OF
COLLECTION, UNLESS SPECIFICALLY INSTRUCTED TO CHARGE FROM THE
DRAWEES.
IV.
COLLECTION CHARGES TO BE LEVIED FOR COLLECTION OF OUTSTATION CHEQUES
UPTO RS.15000/- WHERE IMMEDIATE CREDIT IS AFFORDED.
V.
NO
SERVICE CHARGES WILL BE LEVIED ON COLLECTION OF LOCAL NON-MICR
INSTRUMENTS.
VI.
REBATE OF 25% OF NORMALLY APPLICABLE COLLECTION CHARGES MAY BE GRANTED
(IN RESPECT OF COLLECTION CHARGES ONLY) TO PREMIUM SAVINGS A/C. AND
PREMIUM CURRENT A/C. CUSTOMERS. |
||||
|
25 RETURNING
CHARGES: CHEQUES/BILLS RETURNED
UNPAID: RETURNING CHARGES
/ HANDLING CHARGES |
||||
|
INWARD CLEARING: DISHONOUR OF CHEQUES FOR
WANT OF FUNDS OR FOR ANY OTHER REASONS NOT ATTRIBUTABLE TO OUR BANK
LEVI-ABILITY OF CHARGES/ INTEREST TO DRAWERS’ ACCOUNT ARE AS UNDER:
(Charges/Interest so charged to the debit of
drawer’s account is to be credited to ‘MISC. INTEREST’ HEAD
OF PROFIT & LOSS ACCOUNT) For cheques
where drawer has requested for Stop
payment, charges are to be levied only once i.e. at the time of accepting
the instructions for stop payment and no charges be levied while actually
returning such instruments through clearing. |
||||
|
|
Amount
of cheque |
Non
Individuals |
Individuals/customers
of Semi-urban, Urban
and Metro
branches |
Individuals/
customers of the bank in rural areas, pensioners & senior citizens |
|
25 (i) |
Cheques Upto Rs. 10,000/- |
Rs. 100/- |
Rs.80/- |
Rs.60/- |
|
25 (ii) |
Above
Rs.10000/- upto Rs. 50000/- |
Rs. 125/- |
Rs.100/- |
Rs.80/- |
|
25 (iii) |
Above
Rs.50000/-upto Rs.1 lac |
Rs.150/- |
Rs.135/- |
Rs.120/- |
|
25 (iv) |
ABOVE Rs.1 lac ** The
Minimum handling amount is to be charged even if the bank has not remained
out of fund. |
MINIMUM Rs.
250/- OR ACTUAL INTEREST TO BE CHARGED @ 3.5%
over PLR, WHICHEVER IS HIGHER |
MINIMUM Rs.
225/- OR ACTUAL INTEREST
TO BE CHARGED @ 3.5% over PLR, WHICHEVER IS HIGHER |
MINIMUM Rs.
200/- OR ACTUAL INTEREST
TO BE CHARGED @ 3.5% over PLR, WHICHEVER IS HIGHER |
|
|
**Notes: Mentioned hereafter |
|||
|
**Branches are
aware that when a cheque drawn on the bank is presented through clearing,
the bank’s account at the RBI/SBI is debited. If such cheque is
returned for any reason, it goes back to the presenting bank through the
clearing house and the drawee bank’s account at the RBI/SBI is credited.
Such a debit while the cheque gets presented and the consequential
credit on account of returning of cheque would have a time lag of a day or
more, resulting in outgo of funds. If
the cheque is returned ‘FOR WANT OF FUNDS’ OR FOR ANY OTHER REASONS
NOT ATTRIBUTABLE TO OUR BANK, there is a case for drawee bank to levy
interest for the period the bank has remained out of funds.
IN SUCH CASES, BRANCHES ARE ADVISED TO LEVY CHARGES AS
PRESCRIBED ABOVE. IF APPLICABLE, INTEREST SHALL BE CHARGEABLE.
THE NUMBER OF DAYS FOR WHICH THE BANK HAS REMAINED OUT OF FUNDS SHALL
DEPEND UPON THE TIME TAKEN AT DIFFERENT CLEARING CENTRES AND WOULD BE
DETERMINED BY THE INCUMBENTS AT THEIR END. However, minimum charges are to
be charged even if the bank has not remained out of funds. Further, stop payment charges are to be levied only once i.e. at the time of
accepting the instructions for stop payment and no charges be levied while
actually returning such instruments through clearing. |
||||
|
26. |
Nature of
Returned Instrument |
Returning Charges |
||||||
|
|
|
Non
Individuals |
Individuals/customers
of Semi-urban, Urban
and Metro branches |
Individuals/Customers
of the Bank in rural areas, pensioners & senior citizens |
||||
|
26 (I) |
LOCAL CHEQUES DISHONOURED -OUTWARD
CLEARING i.e. cheques received
by
our customers and deposited for presentation in clearing house. |
Rs.100/- per instrument. |
For Cheques upto Rs.10000/- Rs.40/- per
instrument. Above
Rs.10000/-Rs.50/ per instrument.
However, no charges to be levied from any customer upto 2 dishonored
cheques deposited during a quarter. |
For
Cheques upto Rs.10000/- Rs.30/- per instrument. Above
Rs.10000/-
Rs.40/- per instrument. However, no charges to be levied from any customer
upto 2 dishonoured cheques deposited during a quarter. |
||||
|
26 (ii) |
LOCAL
CHEQUES -for presentation directly at the drawee bank |
Rs.90/- + out of pocket expenses or 50%
of collection charges whichever is higher. |
Rs. 80/- + out of pocket expenses or 50%
of collection charges whichever is higher. |
|||||
|
27 |
LOCAL
Bills -for
presentation directly at the drawee bank/drawee |
Rs.100/- + out of pocket expenses or 50%
of collection charges whichever is higher. |
||||||
|
28 |
RETURNING
CHARGES FOR OUTSTATION CHEQUES / Bills |
|||||||
|
28 (i) |
Cheques
upto Rs.10000/- |
Rs
100/- + out of pocket expenses. |
Rs.90/-
+ out of pocket expenses. |
Rs.80/-
+ out of pocket expenses. |
||||
|
28 (ii) |
Cheques
above Rs.10000/- |
Rs.125/-
+ out of pocket expenses
OR 50% of collection charges whichever is
higher. |
Rs.100/- + out of pocket
expenses OR 50% of collection charges whichever is higher. |
Rs.90/- + out of pocket
expenses OR 50% of collection charges whichever is
higher. |
||||
|
28 (iii) |
Bills |
Rs.100/- + out of pocket
expenses OR 50% of collection charges whichever is higher |
||||||
|
29 |
Collection of
OUTSTATION/ LOCAL BILLS |
|||||||
|
|
Amount of Bill |
Charges |
||||||
|
29 (i) |
Bills Upto Rs. 10000/- |
Rs.75/+
out of pocket expenses. |
||||||
|
29 (ii) |
Bills Over Rs.10000/- |
Rs.8/- Per Rs.
1000/- or part thereof Subject to a Minimum Of Rs. 100/- + out of pocket expenses Maximum Rs.12, 000/-. |
||||||
|
1.
ACTUAL POSTAGE, TELEGRAM
CHARGES AND ANY OTHER OUT OF POCKET EXPENSES HAVE TO BE RECOVERED IN FULL
FROM THE CUSTOMERS. 2.
Collection charges in case of bills should be levied on the gross
amount of the instrument.
3.
All charges are to be normally recovered from the
proceeds of collection, unless specifically instructed to charge from
the drawee. 4.
Rebate of 25% of normally applicable collection charges may be
granted (in respect of collection charges
only) to premium current a/c. customers. |
||||||||
|
30 |
Documents
received for collection: if required to be delivered FREE OF PAYMENT
to drawee OR to be returned back as UNREALISED. |
Normal
Collection Charges + out
of pocket expenses. |
||||||
|
31 |
Charges on
Inward Collection (Bank to Bank) |
Remittance
charges to be collected from the drawee. -
Where remitting bank has no branch, commission to be shared on
50:50 basis. |
||||||
|
32 |
Documents/Bills:
received for collection: CHANGE
OF ORIGINAL INSTRUCTIONS
in respect of outward/inward bill for collection including (Waiving C
Form, delivery Free of Payment, extending retirement time etc.) |
Collecting bank
shall levy charges as applicable to remittances. In the case of local
collection charges as applicable to bankers’ cheque be levied. Paying
bank is not to levy any service charges. |
|||||
|
33 |
ADVANCE
AGAINST CHEQUES PRESENTED IN CLEARING – CHARGES
(for
customers seeking advance/ withdrawal against cheques already presented by
bank in Clearing House) |
Minimum Rs.
50/- PLUS applicable interest. |
|||||
|
|
STANDING INSTRUCTIONS:
Charges |
||||||
|
|
|
Non
Individuals |
Individuals/customers
of Semi-urban, Urban
and Metro branches |
Individuals/customers
of the Bank in rural areas, pensioners & senior citizens |
|||
|
34 (i) |
REGISTRATION
|
Rs.50/-
(one time charges) |
Rs.50/-
(one time charges) |
Rs.50/-
(one time charges) |
|||
|
34 (ii) |
EXECUTION:
|
Rs.35/-+
Remittance Charges+ Out of pocket expenses. |
Rs.35/-+
Remittance Charges+ Out of pocket expenses. |
Rs. 35/-+
Remittance Charges+ Out of pocket expenses. |
|||
|
34 (iii) |
NON-EXECUTION CHARGES (due to
insufficiency of funds)
|
Rs. 50/- per
transaction |
Rs. 50/- per
transaction |
||||
|
NOTE:
NO CHARGES TO BE LEVIED FOR TRANSFER ENTRIES WITHIN THE ACCOUNTS
MAINTAINED AT THE SAME BRANCH OR
FOR REMITTING PAYMENT TO TERM LOAN ACCOUNTS BY PENSIONER CUSTOMERS
AT ANY BRANCH OF OUR BANK AND ALSO FOR TRANSFER ENTRIES AT THE SAME
BRANCH. |
|||||||
|
35 |
CHARGES
FOR RECORDING RECONSTITUTION OF ACCOUNT |
Rs.200/-
PER OCCASION (exempted in case of
death of the existing signatory) |
No charges for
savings and current (individual) accounts. |
No charges for
savings and current (individual) accounts. |
|||
|
36 |
Copy of original of cheque/draft
(paid by the bank) |
Rs.100/-
for original or Rs.50/- for attested copy per instrument. |
Rs.100/- for
original or Rs.50/- for attested copy per instrument. |
Rs.100/- for
original or Rs.50/- for
attested copy per instrument. |
|||
|
37
ELECTRONIC FUNDS TRANSFER: |
|||||||
|
37 (i) OUTSTATION ELECTRONIC FUNDS
TRANSFER CHARGES (Maximum Charges Rs.12, 000/-- per
transaction.) |
|||||||
|
|
EFTs:
UPTO RS. 1000/- |
Rs.10/-
|
|||||
|
|
ABOVE
RS. 1000/- UPTO RS. 5000/- |
Rs.20/-
|
|||||
|
|
ABOVE
RS. 5000/ - UPTO RS. 10000/- |
Rs.25/-
|
|||||
|
|
ABOVE
RS. 10000/- UPTO RS. 1 LAKH |
Rs.2.00
per Rs.1000/- or part thereof |
|||||
|
|
ABOVE
RS. 1 LAKH |
Rs.1.50 per
Rs.1000/-or part thereof minimum Rs. 200/-. |
|||||
|
37 (ii) LOCAL ELECTRONIC FUNDS
TRANSFER: |
|||||||
|
|
EFTs
UPTO RS. 1000/- |
Rs.10/-
|
|||||
|
|
ABOVE
RS. 1000 - UPTO RS. 5000 |
Rs.20/-
|
|||||
|
|
ABOVE
RS. 5000 - UPTO RS. 10,000 |
Rs.25/-
|
|||||
|
|
ABOVE
RS. 10,000 - UPTO RS.1 LAKH |
Rs.1.00
per Rs.1000/- or part thereof Min. 25/- |
|||||
|
|
ABOVE
RS. 1 LAKH |
Rs.1.00
per Rs.1000/- or part thereof min. Rs.100/- |
|||||
|
Note: In addition to above EFT charges, Rs.10/-
are to be recovered in case these are payable to other bank /
RBI. |
|||||||
|
38
Electronic Clearing Service: |
||||||
|
A) ECS: CREDIT CLEARING: Charges
(per data entry/record) |
||||||
|
||||||
|
|
a) Upto 10000 records |
@Rs.3/- per record + charges payable to
RBI and Destination Bank, if any. |
||||
|
|
b) Above 10000 to
100000 records |
@Rs.2/- per record + charges payable to
RBI and Destination Bank, if any. (Subject
to a minimum of Rs.30,000/-) |
||||
|
|
c) Above 100000 records |
@Rs.1/- per record + charges payable to
RBI and Destination Bank, if any. (Subject to a minimum of Rs.2, 00,000/-. |
||||
|
2.
Charges Payable to Destination Bank and/or RBI: On actual basis,
i.e., as
waived/ prescribed by RBI from time to time. |
||||||
|
B) ECS: Debit Clearing ( Inclusive of service Tax and Education
Cess) |
||||||
|
ECS: Debit Clearing: Rs.1/- per
transaction charges Minimum charges Rs.2750/- + charges payable to RBI and
destination Bank, if any. SUBJECT TO RECOVERY OF ALL OUT OF POCKET
EXPENSES INCLUDING PROCESSING CHARGES IN CASE THEY ARE EVER AGAIN LEVIED
BY RESERVE BANK OF INDIA. |
||||||
|
C)
A sum of Rs.40/- be levied as returning charges on return of ECS
(Debit) on account of Insufficient
Funds. |
||||||
|
D)
Full
waiver in respect of INCOME TAX REFUND ORDERS:
Reserve Bank of India vide their circular No. RBI/2004/90- DBGA. GAD No.
H-767/42.01.034/2003-04 dated 9.3.2004 on the subject has conveyed that
Government has taken a decision to implement Electronic Clearing services
(ECS) credit for direct tax refunds. Accordingly,
no ECS charges be levied in respect of Income Tax Refund Orders. |
||||||
|
39. PNB INSTA-REMIT: NOTWITHSTANDING ANYTHING CONTAINED IN ANY OTHER
CIRCULAR, FOLLOWING SERVICE CHARGES WOULD BE LEVIED FOR TRANSFER OF FUNDS
THROUGH: Ø
REAL TIME GROSS SETTLEMENT (RTGS) Ø
NATIONAL ELECTRONIC FUND TRANSFER(NEFT) Ø
STRUCTURED FINANCIAL MESSAGING SYSTEM (SFMS) RBI charges, if
any prescribed, shall be recoverable in all the following: |
||||||
|
|
CATEGORY OF
TRANSACTION |
SERVICE
charges for RTGS – inclusive of service tax and education cess |
||||
|
|
|
Non
Individuals |
Individuals/
customers of Semi-urban, Urban
and Metro branches |
Individuals/Customers
of the Bank in rural areas, pensioners & senior citizens |
||
|
A |
Customer Related Transactions (Other than local) |
(1)0.10%per
transaction, subject to a minimum Of Rs.
100/- and maximum of Rs. 2,000/- plus out of the pocket expenses
payable to RBI, if any. (2) On upfront payment of Rs.25000/-
for usage of the RTGS facility
for the next 12 months, rebate of 50% would be admissible to the
customers, subject to a minimum of Rs.100/- |
0.10% per transaction subject to a Min. of Rs.100/- Max. Rs.
2000/- + out of the pocket expenses payable to RBI, if any. On upfront payment of Rs.25,000/-for usage of the
RTGS facility for the next 12 months, rebate of 50% would be admissible to the customers,
subject to a minimum of Rs.100/-
|
0.10% per transaction subject to a Min. of Rs.100/- Max. Rs.2000/- + out
of the pocket expenses payable to RBI, if any. On upfront payment of Rs.25,000/-for usage of the
RTGS facility for the next 12 months, rebate of 50% would be admissible to
the customers, subject to a minimum of Rs.100/- |
||
|
B |
Inter Banks for clearing purposes only.
|
1.
A flat fee of Rs.200/- per transaction for first four remittances in a
week and 2.
Commission @ Rs.1/- per Rs.1000/- subject to a minimum of Rs.200/- and
maximum of Rs.1500/- per transaction from the 5th remittance
onwards in a week
|
|||||
|
C |
Inward
Remittances: |
Rs.20/-per transaction plus RBI charges,
if any. In case the customer has to affect multiple credits simultaneously
from a single debit, each credit should be considered as a separate
transaction and charged separately. |
Rs.20/- per transaction plus RBI charges,
if any. In case the customer has to affect multiple credits simultaneously
from a single debit each
credit should be considered as a separate transaction and charged
separately. |
Rs.20/- per transaction plus RBI charges, if any. In case the
customer
has to affect multiple credit simultaneously from a single debit,
each credit should be considered as a separate transaction and
charge separately. |
|||
|
D |
LOCAL:RTGS/ SFMS/NEFT |
Rs.50/- plus out of the pocket expenses payable to RBI, if any. |
Free |
Free. |
|||
|
E |
NEFT/SFMS-
FOR CUSTOMER RELATED TRANSACTIONS (Other than Banks) |
Rs.1/- per
thousand with a minimum of Rs.20/-per
transaction and Max.
Rs. 2,000/- (excluding out of pocket expenses/ RBI charges, if
any, as may be prescribed from time to time.) |
Rs.1/- per thousand with a minimum of Rs.20/-
per transaction and Max. Rs.2000/- (excluding
out of pocket Expenses/RBI charges, if any, as may be prescribed from time
to time.)
|
Rs.1/- per thousand with a minimum of Rs.20/- per
transaction and
Max Rs. 2000/- (excluding out
of pocket expenses /RBI charges, if any, as
may be
prescribed from time to time.) |
|||
|
COMMON PROVISIONS FOR RTGS/NEFT/SFMS: |
|||||||
|
|
Staff &
PNB’s wholly owned Subsidiaries. |
FREE FOR
INWARD AS WELL AS OUTWARD TRANSACTIONS. |
|||||
|
NOTE: In case of
staff members it is limited upto a remittance of Rs.5.00 lacs for bonafide,
i.e., non-commercial purposes. |
|||||||
|
*If handling of cash is involved, cash handling
charges would be levied @ 20% in
addition to the normal charges. |
|||||||
|
40
STATEMENT OF ACCOUNT CHARGES
|
|||||||
|
Charges |
|||||||
|
|
|
Non
Individuals |
Individuals
customers of Semi-urban, Urban
and Metro branches |
Individuals/
Customers of the Bank in rural areas, pensioners & senior citizens |
|||
|
40 (i) |
Current
Account:
One statement to be provided free in a month. |
Rs.
60/- for
additional statement |
Rs. 55/- for
additional statement |
Rs. 50/- for
additional statement |
|||
|
40 (ii) |
Saving Fund Accounts: Pass
Book shall be updated free of cost. |
Rs.30/-for additional statement |
Rs. 25/-for
additional statement |
Rs. 20/-for
additional statement |
|||
|
41 |
CHARGES
FOR DRAWING CHEQUE LESS THAN RS.
50/- |
Rs.
20/- Per Cheque |
No
Charges |
No Charges |
|||
|
42 |
ALLOWING
operations through power of attorney/mandate |
Rs.400/-
Per Annum. |
Rs.300/-
per annum |
Rs.250/-
per annum |
|||
|
43 |
CHANGE
OF AUTHORISED SIGNATORY IN ACCOUNTS |
RS.
150/- Per Occasion (exempted for change due to death of the existing
signatory), |
Rs.100/-per
occasion (exempted for change due to death of the existing signatory), No
charges from defence forces, Ex-servicemen, Physically Handicapped,
war widows |
Rs.100/-
per occasion (exempted for change due to death of the existing signatory),
No charges from senior citizens. Defence forces & ex-service men,
Physically handicap, war widows |
||||
|
44 (i) |
TRANSFER
OF ENTIRE BALANCE IN SAVINGS BANK ACCOUNT to any of our Branches. |
Only Out of
Pocket expenses to be recovered. |
Only Out of Pocket expenses to be recovered. |
Only Out of Pocket expenses to be recovered. |
||||
|
44 (ii) |
TRANSFER
OF ENTIRE BALANCE IN SAVINGS BANK ACCOUNT TO SOME OTHER BANK |
SAME
STATION
Remittance charges as applicable to Bankers’
Cheques + out of pocket expenses OUTSTATION: Demand
Drafts charges + out of pocket expenses to be recovered. |
SAME
STATION
Remittance charges as applicable to Bankers’
Cheques + out of pocket expenses OUTSTATION: Demand Drafts charges + out of pocket
expenses to be recovered |
SAME
STATION
Remittance charges as applicable to Bankers’
Cheques + out of pocket expenses OUTSTATION:
Demand Drafts charges + out of pocket expenses to be recovered. |
||||
|
|
Charges |
|||||||
|
45 |
Account Maintenance Charges for CA,
CC, CA-OD, (erstwhile ledger
folio charges)
(on quarterly basis) beyond
free of charge permissible entries mentioned as under: |
Rs. 2.00 per entry/record, minimum Rs.50/-, maximum Rs.1000/- |
||||||
|
However, if no
transaction have been made during the quarter, a minimum of Rs.50/- would
be charged. |
||||||||
|
46 |
FREE
ENTRY/RECORD, allowed in current accounts including CC and CA-OD, if CC
& OD are running as C/A because
of credit balance. |
|||||||
|
|
Average credit balance/QAB : Upto Rs. 25000/- |
No free of cost entries allowed |
||||||
|
|
Above Rs. 25000/-
upto Rs.50000/- |
50 entries per quarter |
||||||
|
|
Above Rs. 50000/- – upto Rs. 1 lac |
75 entries per quarter |
||||||
|
|
Above Rs. 1 lac upto Rs. 2 lac |
125 entries per quarter |
||||||
|
|
Above Rs. 2 lac to less than 5 lac |
250
entries per quarter |
||||||
|
|
Rs. 5 lac and
above |
Unlimited
data entries free of cost |
||||||
|
47 |
Saving Fund Accounts: Account Maintenance Charges
for SF accounts |
50 free of
charge entries permissible on
quarter basis, thereafter Rs. 1 per record /entry
|
||||||
|
48 |
MINIMUM
BALANCE/ MINIMUM QLY. AVERAGE BALANCE REQUIREMENTS FOR SAVING FUND
ACCOUNTS: |
|||||||
|
|
|
Non CBS Branches |
CBS Branches |
|||||
|
|
Area |
Minimum Monthly balance (Rs)* |
Minimum
Qly. Average balance (Rs.)* |
|||||
|
|
Rural |
500/-
|
500/-
|
|||||
|
|
Semi Urban |
1000/-
|
1000/-
|
|||||
|
|
Urban |
1000/-
|
1000/-
|
|||||
|
|
Metropolitan |
1000/- |
1000/-
|
|||||
|
*
Self Help Groups(irrespective of location of branch) :
Rs. 100/- |
||||||||
|
Field
functionaries shall have powers to refund these charges if protested by
the customer for their first
default. |
||||||||
|
However, there shall not be
any condition of maintenance of minimum balance in case of Staff Members,
Pensioners, Students, and Salaried accounts (where salary is received for
credit to the customers’ accounts), these shall be exempted from the
Quarterly Average Balance requirements as hitherto. Initial Deposit Amount for the purpose of account
opening shall be Rs. 500/-, except otherwise mentioned in specified
scheme, at all the offices, however, for non maintaining the required
Balance/QAB, incidental charges shall be levied as per rules. Note: Regional
Development Managers and above shall have FULL POWERS to waive
incidental charges, stipulated for maintenance of minimum balance/QAB as
well as Initial Deposit Amount for opening of accounts on the basis of
merits of each case at all branches
including CBS branches. |
||||||||||
|
49 |
MINIMUM
BALANCE/ MINIMUM QLY. AVERAGE BALANCE REQUIREMENTS FOR CURRENT ACCOUNTS: |
|||||||||
|
|
|
Non
CBS Branches |
CBS
Branches |
|||||||
|
|
Area |
Minimum Monthly balance (Rs) |
Minimum
Qly. Average balance (Rs.) |
|||||||
|
|
1000/- |
1000/- |
||||||||
|
|
Semi Urban |
3000/-
|
3000/-
|
|||||||
|
|
Urban |
5000/-
|
5000/-
|
|||||||
|
|
Metropolitan |
5000/-
|
5000/-
|
|||||||
Note:
(1) Initial Deposit Amount for the purpose of opening of account
shall be Rs. 1000/- at all branches, however, for non-maintaining the
required Balance/QAB, incidental charges shall be levied as per rules.
Note: (2)
Regional Development Managers and above shall have full powers to waive
incidental charges, maintenance of minimum balance/QAB as well as Initial
Deposit Amount for opening of accounts on the basis of merits of each case
at all branches including CBS braches. Note:
3: The spirit of the policy of QAB is
dependent on enforcement by means of levy at quarterly intervals.
After a review, it has been decided
that levy of charges and penalties, as prescribed, under QAB/Minimum
Balance shall be levied on
quarterly basis instead of pro-rata basis, accounts closed during a
quarter shall attract full charges for non-maintenance of average balance
for no. of days, if it is less than the stipulated Balance/ QAB. |
||||||||||
|
50
SAFE DEPOSIT SERVICES*
|
||||||||||
|
|
|
Charges |
||||||||
|
50 (i) |
SAFE DEPOSIT CUSTODY:
BANK’S OWN DEPOSIT RECEIPTS |
FREE OF
COST. |
||||||||
|
50 (ii) |
SAFE DEPOSIT OF SEALED COVERS FROM GOVERNMENT BODIES/ORGANISATIONS |
RS. 350/-PER
COVER PER ANNUM OR PART THEREOF |
||||||||
|
50 (iii) |
SAFE DEPOSIT OF SEALED BOXES FROM
GOVERNMENT BODIES/ ORGANISATIONS (Size upto 30x30x30cms |
Rs.3000/-PER
BOX PER ANNUM OR PART THEREOF |
||||||||
|
*FOR
SECURITY CONSIDERATIONS, THESE SERVICES ARE NOT TO BE PROVIDED TO GENERAL
PUBLIC. |
||||||||||
|
51
LOCKER RENTS : |
||||||||||
|
NOTE: A
REBATE/DISCOUNT OF 20% BE ALLOWED IF LOCKER RENT IS PAID IN ADVANCE FOR A
PERIOD OF FIVE YEARS IN LUMP-SUM for small lockers only. |
||||||||||
|
|
Size
Of Locker |
Locker
Rent (per Annum at Metro/Urban/Semi-Urban Centres* |
Locker Rent
(per Annum at Rural Centres* |
|||||||
|
|
SMALL |
Rs.550/- |
Rs.400/- |
|||||||
|
|
MEDIUM |
Rs.1000/- |
Rs.1000/- |
|||||||
|
|
LARGE |
Rs.2000/- |
Rs.2000/- |
|||||||
|
|
EXTRA LARGE |
Rs.4000/- |
Rs.4000/- |
|||||||
|
* Lockers at last two rows in the
cabinet near the floor will be allowed 20% rebate for small lockers only. |
||||||||||
|
52 SECURITY
DEPOSIT REQUIRED FOR LOCKERS: A SECURITY DEPOSIT BY WAY OF MBFD/SPECTRUM
TERM DEPOSITS ( FOR THE LEASE PERIOD OF LOCKER) REQUIRED FOR LOCKERS |
||||||||||
|
|
Size Of Locker |
AT ALL CENTRES
MBFD/SPECTRUM TERM DEPOSIT |
||||||||
|
|
SMALL |
Rs.4000/- |
||||||||
|
|
MEDIUM |
Rs.6000/ |
||||||||
|
|
LARGE |
Rs.10000/ |
||||||||
|
|
EXTRA
LARGE |
Rs.20000/ |
||||||||
|
52(a).FREE
LOCKER VISITS: 24 LOCKER VISITS PER YEAR are to be permitted FREE OF
CHARGES, more visits to be charged @Rs.35/- per visit. |
|||||||||||
|
WAIVER OF
LOCEKER RENT IN CASE OF SURRENDER OF LOCKERS:
In cases where rent in arrears is outstanding for more than 3 years and where
the locker is empty & being surrendered, Incumbents Incharge may
consider waiver upto 50% and Regional Development Managers & above
upto 100% of the locker rent in arrear. |
|||||||||||
|
53.
Penalties for Locker Rent in Default |
|||||||||||
|
|
(Size of Locker and penalty charges per month or part thereof ) *( also read
notes) |
||||||||||
|
|
SIZE OF LOCKER |
At Metro/Urban/Semi Urban Centres |
AT RURAL Centres |
||||||||
|
|
Small
|
Rs.20/ |
Rs.20/- |
||||||||
|
|
Medium
|
Rs.40/- |
Rs.40/- |
||||||||
|
|
Large
|
Rs.60/- |
Rs.60/- |
||||||||
|
|
Extra Large |
Rs.120/- |
Rs.120/- |
||||||||
|
* 1. ANY
DEFAULT WILL ATTRACT PENALTY CHARGES FOR A COMPLETED MONTH. 2. The
rent should become due w. e. f. 1st of the succeeding month in
which the locker is leased out. One month may be allowed for payment of
rent due. |
|||||||||||
|
54 |
OLD RECORDS INQUIRIES* |
||||||||||
|
|
Duration of
old record |
Charges: (PER
ITEM / REFERENCE) |
|||||||||
|
54(I) |
Upto
one year old: |
Rs. 100/-per reference/request/
document/ per sheet |
|||||||||
|
54(II) |
Beyond
one year |
Rs.300/- per
reference/request/ document/ per sheet |
|||||||||
|
*CHARGES TO BE REFUNDED FOR MISTAKE
DETECTED ON THE PART OF THE BANK. |
|||||||||||
|
55 INCIDENTAL CHARGES: INOPERATIVE ACCOUNTS AT
NON-CBS BRANCHES
(Savings
and Current Accounts):
(FOR NON
MAINTENANCE OF REQUIRED MINIMUM BALANCE) |
|||||||||||
|
|
Nature of Branch
|
Charges in
Savings Fund Accounts (per half year)* |
Charges in
Current Accounts (per half year)* |
||||||||
|
55 (i) |
At
High Value Branches |
NA
(No high value branch is under Non-CBS) |
NA
(No high value branch is under Non-CBS) |
||||||||
|
55 (ii) |
CHARGES AT OTHER BRANCHES (per
half year) |
Rs. 50/- |
Rs.100/- |
||||||||
|
*IF
BALANCE IN THE ACCOUNT IS LESS THAN PENALTY CHARGES, THEN THE A/C BE
CLOSED UNDER INTIMATION TO THE CUSTOMER BY ORDINARY POST. |
|||||||||||
|
56.
INCIDENTAL CHARGES: OPERATIVE ACCOUNTS AT NON-CBS BRANCHES
(Savings and Current Accounts). (FOR NON MAINTENANCE OF MINIMUM
BALANCE(for all types of branches except for first default – where
refund may be made on request of the customer in respect of savings
accounts only) |
|||||||||||
|
|
|||||||||||