NAME OF BANK : BANK OF BARODA SERVICE CHARGES AND ...
Transcript of NAME OF BANK : BANK OF BARODA SERVICE CHARGES AND ...
Page 1 of 21
NAME OF BANK : BANK OF BARODA
SERVICE CHARGES AND FEES SECTION – I DEPOSITS AND ALLIED SERVICES ( Service Tax at applicable rate will be levied on service charges)
Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
1. Ledger folio charges
Applicable to CA ( including RRBs), & CC, OD (excluding loan against banks own deposits & Fast Access) Rs. 50/- per ledger page - Current Accounts Free folio allowed p.a. based on Av. Cr. bal. as follows: Av.Cr. Bal (Rs.) Free folios Upto25000/- NIL Above 25000/- & upto to 50000/- 4 Above 50000/- All Free NOTE: For a/cs maintained on computers, 30 entries or part thereof to be treated as one ledger page.
Applicable to CA ( including RRBs), & CC, OD (excluding loan against banks own deposits & Fast Access)
Minimum ` 75/- .
- Current Accounts Free folio allowed p.a. based on Av. Cr. bal. as follows: Av.Cr. Bal (Rs.) Free folios Up to Rs.1 lac Nil Above Rs.1 lac - All Free NOTE: For a/cs maintained on computers, 25 entries or part thereof to be treated as one ledger page. Ledger folio charges to be recovered on quarterly basis.
Transaction Charges
- Savings Bank Accounts For SB A/cs No folio charges - However not more than 100 debits (other than service charges & debits on account of transfer to auto sweep account) per half year should be allowed in SB a/c and in case the number of debits
exceeds 100 a service charge of ` 10/-
per debit exceeding 100 be charged. Ledger folio charges to be recovered on half yearly basis at the time of half-yearly closing.
- Savings Bank Accounts For SB A/cs No folio charges - However not more than 50 debits per half year should be allowed in SB a/c and in case the number of debits exceeds 50 a
service charge of ` 15/- per debit
exceeding 50 be charged. Following transactions are excluded.
1. Standing Instructions
2. Transactions through ADC
incl.ECS
3. Auto sweep, system generated
(service charge, interest etc.)
Transaction charges to be recovered on half yearly basis at the time of half-yearly closing.
Page 2 of 21
Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
2. a) Charges for issue of Duplicate Statement / Pass Book
Individual:
First Pass Book free
` 50/-- per Pass Book / Statement with
latest balance only. Charges for
previous entries (if required) `.50/- per
ledger page or part thereof.
Individual:
First Pass Book free
` 100/-- per Pass Book / Statement
with latest balance only. Charges for
previous entries (if required) ` 75/- per
ledger page or part thereof.
Non- Individual-
` 100/- per Pass Book / Statement with
latest balance only. Charges for
previous entries (if required) ` 100/- per
ledger page or part thereof.
Note: For accounts maintained on computers, 30 entries or part thereof be treated as one ledger page.
Non- Individual-
` 150/- per Pass Book / Statement with
latest balance only. Charges for
previous entries (if required) ` 150/- per
ledger page or part thereof.
Note: For accounts maintained on computers, 25 entries or part thereof be treated as one ledger page.
b) Issue of letter of acknowledgement/ duplicate TDR in case of loss of TDR
For Acknowledgement ` 25/-
For Duplicate TDR ` 80/-
For Acknowledgement ` 50/-
For Duplicate TDR ` 150/-
3. Cheque Book Issuance Charges
Savings Bank :
In SB Accounts of individuals - 40 leaves will be free in a financial year. Free supply of cheque books in a SB a/c will be on pro-rata basis, i.e. 20 cheque leaves for -6- months (H.Y. April- Sept & Oct-March and/or part thereof) Subsequent cheque book as under:-
Personalized cheque book `.3/- per
cheque leaf
Non-personalized cheque book `.2.5 per
cheque leaf.
Cheque book of 15 leaves is supplied by RBO. In SB Accounts of individuals -45 leaves will be free in a financial year. Only two cheque books will be issued at a time. Thereafter Personalized and non personalized
cheque book ` 5.00/- per cheque leaf
CA/CC/OD/Fast Access: 1st cheque book is free and subsequent
cheque book @ ` 3/- per leaf for
MICR/NON MICR cheque books. Note: 1
st Cheque book means cheque
book of 50 leaves. In case of valued customers: -- Cheque
book issuance charges can be waived by Branch Manager
1st cheque book is free and subsequent
cheque book @ ` 5.00/- per leaf for
CTS/MICR/NON MICR cheque books. Note: 1
st Cheque book means cheque
book of 50 leaves. Wherever cheque books are printed by the customer after obtaining permission of Stationary and Security Form Department, Head Office, Baroda, the cost of paper should be recovered from the customer at the rate of Rs.500/- per 1000 leaves (over and above charges to
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Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
be paid by customer directly to the printer for printing.)
4. Opening & Maintenance of minimum balances
1) Current Accounts Individual / Non Individual
Rural / Semi-Urban – `.1,000/-*
Urban – Metro – `.10,000/- (QAB)*
Current Accounts Individual / Non Individual
Rural / Semi-Urban – ` 2,000/-*
Urban – Metro – ` 15,000/- *
* Quarterly Average Balance
2) Savings Bank Accounts. Rural / Semi-Urban
Opening of Account –Min. ` 500/-
Maintenance of minimum balance
Quarterly Average Balance-– ` 500/-*
Urban / Metro
Opening of Account –Min. ` 1000/-
Maintenance of minimum balance
Quarterly Average Balance-– ` 1000/-*
Savings Bank Accounts. Rural / Semi-Urban
Opening of Account –Min. ` 500/-
Maintenance of minimum balance
Quarterly Average Balance-– ` 500/-*
Urban / Metro
Opening of Account –Min. ` 1000/-
Maintenance of minimum balance
Quarterly Average Balance-– ` 1000/-*
3) Savings Bank A/c - No frills A/c (Nagrik Bachat Khata) Nagrik Bachat Khata
` 50/-(All centres)
Note: ` .50/- is opening requirement
only. Maintaining minimum balance of
` 50/- not necessary.
Addition: Baroda Basic Savings Bank account Zero balance
4) Pensioners
` 5/- for all centres.
( * Already implemented) Note : No Minimum Balance charges in
SB a/cs to be recovered from employees’ institutional salary a/cs i.e. not only institutions maintaining account with the branch but also of employees whose salary is paid through SB a/cs maintained with the branch. Branches can open zero balance a/cs of such institutional employees whose salary is paid through us.
Baroda Pensioners Savings Bank account Nil Note : No Minimum Balance charges in
SB a/cs to be recovered from employees’ institutional salary a/cs i.e. not only institutions maintaining account with the branch but also of employees whose salary is paid through SB a/cs maintained with the branch. Branches can open zero balance a/cs of such institutional employees whose salary is paid through us.
Hence salary accounts to be opened / transferred to scheme code SB 113, 115
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Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
5. Charges for not maintaining minimum balance
Current Account Quarterly Average Balance (QAB) of
`.10000/- is not maintained :-
`.500/- per quarter
Current Account Urban/Metro Quarterly Average Balance (QAB) of
` 15000/- is not maintained :-
- ` 625/- per quarter
Rural/Semi Urban Quarterly Balance of Rs.2000/- not maintained – Rs.350/- per quarter
SB Accounts
Rural / Semi-Urban ` .50/- per quarter
Urban / Metro `.100 per quarter
.
SB Accounts
Rural / Semi-Urban ` 100/- per quarter
Urban / Metro ` 200 per quarter.
Charges will be levied as under Rural/Semi-Urban If QAB is in the range 250- 499- 50% 100-249- 80% Below 100- 100% Metro/Urban If QAB is in the range 500- 999- 50% 250-499- 80% Below 250- 100% ( Approved by Board 26.03.2015) Charges for not maintaining stipulated minimum balance is not to be recovered from inoperative Savings accounts -As stipulated by RBI. Approved by EMC vide agenda item J-2 dated 10.07.2014
Savings Bank - No frills A/c Nagrik Bachat Khata Nagrik Bachat Khata : NIL
Savings Bank - No frills A/c Baroda Basic Savings Bank account- NIL Baroda Pensioner’s Savings Bank account- NIL Baroda Salary Advantage Account - Nil
NOTE : If minimum monthly balance or minimum Quarterly Average Balance (QAB) as applicable are not maintained and any concessions and exemptions allowed during the month or Quarter as the case may be shall be withdrawn and in addition to minimum balance charges all service charges as otherwise applicable shall be levied.
NOTE : If required Quarterly Average Balance is not maintained, any concessions sanctioned must be reconsidered by the sanctioning authorities within next quarter.
6. Addition / Deletion of names in Joint Accounts/Change in operational instructions (including Lockers)
` 25/- per occasion.
` 100/- per occasion.
No charges for deletion of name on account of death of customer in joint A/c.
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Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
7. Nomination ` 25/- per occasion.
First time nomination free. Modification / Change in nomination -
` 50/-
8. Charges for Standing instructions
No charge within same branch
i) `.25/- per transaction plus applicable
remittance charges in case of credits for outside the branch whether in same city or other cities i. e in other branches / Offices such as LIC etc. plus actual postage charges
ii) No charge for Super SB & Shubh SB A/cs.
No charge within the bank
i) ` 50/- per transaction plus
applicable remittance charges in case of credits for outside the branch whether in same city or other cities i. e in other branches / Offices such as LIC etc. plus actual postage charges
9. Charges for inability to carry out standing instructions due to insufficient balance in the account
`. 40/- per occasion.
` 100/- per occasion.
10. Charges for Stop Payment instructions (Per instrument)
In case of loss of complete blank cheque book
S.B. - ` 50/- per instrument
CA./CC./OD - ` 100/- per instrument
S.B. - ` 100/- per instrument
CA./CC./OD - ` 200/- per instrument
In case of loss of complete blank cheque book Max. ceiling as below:
Savings Bank – ` 200/-
C.A./C.C./OD – ` 400/-
In case of loss of complete blank cheque book Max. ceiling as below:
Savings Bank – ` 500/-
C.A./C.C./OD – ` 1000/-
11. Charges for Cheque returned unpaid – Clearing / Transfer
Local cheques : (A)Cheque deposited & Returned
Unpaid (Inward Return) Rs.75/- per instrument. (irrespective
of nature of reasons) + ` 50/- out of
pocket expenses.
upto 1 lac - ` 125/-
Above ` 1 lac to less than ` 1 crore
- ` 250/-
Above ` 1 crore - ` 500/-
Cheque return due to technical reason – not at the fault of customer- No charges
Local cheques : (B) Cheque (drawn on us) returned (Outward Return)–
` 250/- (in respect of cheque returned
for financial reasons) and Rs.50/- for
other reasons + ` 50/- out of pocket
expenses.
Cheque (drawn on us) returned (Outward Return)– (Financial Reason) Upto 1 lac
- ` 250/-
Above ` 1 lac to less than ` 1 crore
Page 6 of 21
Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
In respect of inward clearing
cheques returned unpaid due to financial reasons, Intt. @ Base Rate+7.5% p.a. for the period the bank was out of funds is also to be recovered. The Intt. Is to be credited to P/L Intt. Received A/C (Others).
- ` 500/-
For ` 1 crore and above
- ` 750 per instrument
In case Bank remains out of funds :; actual interest @ 7.5% over base rate is to be charged extra
For other reasons – ` 250/-
For technical reasons- not at the fault of customer- No charges
12.
Incidental charges for inoperative accounts
A) Inoperative Savings Bank a/cs. i) Account maintaining stipulated
minimum balance - Nil ii) Account not maintaining stipulated
minimum balance - `.75/-at the time
of interest application as at end of 1st
year of inoperative status under advice to a/c holder.
iii) If the balance in the a/c is ` 75/- or
less - Entire balance to be appropriated towards service charges under advice to the account holder.
A) Inoperative Savings Bank a/cs. i)Account maintaining stipulated minimum balance - Nil ii) No penal charges on inoperative
Savings accounts where stipulated minimum balance is not maintained -
Page 7 of 21
Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
For inoperative Current Account -
` 100/- per half year.
This charge is in addition to charges for not maintaining minimum balance. Branch should take care that in no case overdraft is created in the a/c due to recovery of Incidental charges in inoperative A/Cs. Branch should endeavor for making inoperative A/Cs into operative by follow up.
For inoperative Current Account -
` 200/- per half year.
This charge is in addition to charges for not maintaining minimum balance. Branch should take care that in no case overdraft is created in the a/c due to recovery of Incidental charges in inoperative A/Cs. Branch should endeavor for making inoperative A/Cs into operative by follow up.
13. Charges for issuance of Balance Certificate, at the request of customer
`.40/- per certificate (for individuals)
`.60/- per certificate (for others)
Normally free once in a year but in Premium & Privilege current account - free of charge
` 75/- per certificate (for individuals)
` 150/- per certificate (for others)
14. Charges for issuance of Interest Certificate, at the request of customer
First certificate free.
Additional ` 100 per copy
15. Premature closure of A/cs -(within a year)
SB A/c
Individual : `.100/-
Others : `.200/-
SB A/c
1. No charges if the account is
closed within 14 days of first
customer induced credit into the
account and if account is closed
due to death of Account Holder
2. Rs.200/- plus service tax if
account is closed beyond above
time but within 1 year of the first
customer induced transaction.(Excluding Small
Savings bank and Basic Savings
Bank accounts).
.
Current Account
Individual : `.100/-
Others : `.200/-
Current Account
Individual : ` 250/-
Others : ` 500/-
Page 8 of 21
Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
RD/ YSJY A/c
Individual : `.75/-
Others : `.100/-
Closure of Account due to death of Account Holder
No Charges
RD/ YSJY A/c
Individual : ` 100/-
Others : ` 150/-
Closure of Account (all types of account) due to death of Account Holder
No Charges
16. Issue of Solvency Certificate
Upto `.5/- lacs ---- `.500/-
Above `.5/-lac--- `.100/- per lac &
part thereof subject to
maximum of ` 15,000/-
NOTE: For issuance of capacity certificate for obtaining VISA for educational purpose for students- only 50% of the charges as mentioned
above subject to maximum `.1500/-.
Non commercial – ` 300 per lac
Commercial – ` 300 per lac.
Min. ` 1500/- Max. ` 25000/-
NOTE: For issuance of capacity certificate for obtaining VISA for educational purpose for students- only 50% of the charges as mentioned
above subject to maximum ` 2500
Charges for issuance of Bankers Certificate on behalf of contractor clients for participating in the Government tender.
`.500/- per certificate
` 1000/- per certificate
17. Opening accounts with restrictive operations
Current, Cash Credit, Over Draft Account
`. 200/- per half year
Savings Bank Account
`. 50/- per half year
Current, Cash Credit, Over Draft Account One time at the time of acceptance of instruction or at the time of modification
` 500/-
Savings Bank Account
` 100/-
18. Allowing operations in
an a/c through a) Power of Attorney b) Mandate
Savings Bank Accounts - `. 50/- per half
year Current, Cash Credit, Over Draft
Account - `. 200/- per half year
One time charges at the time of acceptance/modification of instructions.
Savings Bank Accounts - ` 500/-
Current, Cash Credit, Over Draft
Account - ` 1000/-
19. Change of authorized signatory including reconstitution of A/c.
Current, Cash Credit, Over Draft Account
` 100/- per change
Current, Cash Credit, Over Draft Account
` 250/- per change
20. Post parcel for Collection
Our usual collection charges plus
storage charges @ `.25/- per day with a
minimum of `. 100/-
Our usual collection charges plus
storage charges @ ` 50/- per day with a
minimum of ` 250/-
Page 9 of 21
Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
21 Copy of original of cheque / DD (paid by the Bank)
Rs.100 upto 6 months old record
Rest - ` 250
SECTION III COLLECTIONS
1. Collection of outstation cheques (By sending cheques physically) a) Through our
bank’s branches
Upto `.10,000/- - `. 50-
Above `.10,000/- to `..1/- Lac – `.100/-
`.1/- Lac and above – `.150/-
Above charges are inclusive of out of pocket expenses i.e. no postages. Discretion to Branch Manager to charge upto 50% of our charges in deserving cases.
CHARGES MANDATED BY RBI w.e.f. 30.03.2012
Upto ` 5,000/- - ` 25/-
Above ` 5,000/- and upto ` 10000/-
- ` 50/-
Above ` 10,000/- to ` 1/- Lac – ` 100/-
` 1 Lac to ` 5 Lac – ` 200/-
` 5 Lac to ` 10 Lac – ` 225/-
Above ` 10 Lac – ` 250/-
Above charges are exclusive of out of pocket expenses i.e. postages /courier extra.
Page 10 of 21
Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
b) Direct through
other banks i.e. instruments drawn at a centre where we have no branch.
Above Charges are to be shared on 50:50 basis between collecting bank and paying bank and proceeds should be remitted through RTGS /NEFT to other bank. (pl refer Circular No. HO:BR:102: 55 dated 06.05.10)
Above Charges are to be shared on 50:50 basis between collecting bank and paying bank and proceeds should be remitted through RTGS /NEFT to other bank.
2.
Cheques collected through our branch for another bank
For Immediate credit of outstation cheques -- Our usual collection charges should be recovered in full.
For Immediate credit of outstation cheques -- Our usual collection charges should be recovered in full.
Outstation Cheque return charges
50% of collection charges
Collection of other Banks deposits / receipts on maturity
If proceeds are invested in FD for a minimum period of 1 year then no
charges. Else flat – ` 50/-
3.
Collection of Bills (Clean / Doc.-Demand & Usance)
a) Applicable to IBCs
Bills for Amount :
Upto `.100000/- - `.9/- Per `.1000/-
Or part thereof subject to
Minimum `.100/-.
Bills for Amount :
Upto ` 100000/- - ` 12- Per ` 1000/-
Or part thereof subject to
Minimum ` 100/-.
Above `. 1 lac `..8/- per `..1000/-
upto `.10/- or part thereof
lacs subject to a min. of
`..800/-
Above ` 1 lac ` 11/- per ` 1000/-
upto ` 10/- or part thereof
lacs subject to Minimum
` 1200/-
Above `.10/- `.6/- per `.1000/-
Lacs Min. `. 8,000/- &
Max. ` 10,000/-
Above ` 10/- ` 10/- per ` 1000/-
Lacs Min. ` 10,000/- &
Max. ` 12,000/-
Postage is to be recovered on actual basis.
Postage/Courier is to be recovered on actual basis in higher multiple of Rs.5/-
Page 11 of 21
Sr No.
AREA OF BANKING SERVICE
EXISTING SERVICE CHARGES EXCLUDING SERVICE TAX
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f 01.11.2015
b) Applicable to OBCs
Bills for Amount
Upto `.100000/- - `..7/- per
`..1000/- or part
thereof subject to
minimum `..50/-
Above `.. 1/- lac `..6/- per `.1000/-
& upto `..10/- lacs or part thereof
subject to a min. of
`.600/-
Above `. 10/- `..5.00 per
lacs `..1000/-
min. `.. 5000/- &
max. `.10000/-
Note: Branch Manager to waive/ reduce charges in deserving cases after examining the cost benefit. Postage is to be recovered on actual basis.
Bills for Amount
Upto ` 100000/- - ` 10/- per
` 1000/- or part
thereof subject to
minimum ` 100/-
Above ` 1/- lac - ` 9/- per ` 1000/-
& upto ` 10/- lacs or part thereof
subject to a min.
of ` 1000/-
Above ` 10/- ` 8/- per ` 1000/-
lacs Min. ` 9,000/- &
Max. ` 15,000
4. Handling charges for bills returned unpaid. Local Outstation
`.50/- per instrument
50% of the collection charges subject to
a min. `.100/-
Note: Postage is to be recovered extra.
` 100/- per instrument
50% of the collection charges subject to
a min. `.200/-
Note: Postage/courier is to be recovered on actual basis in higher multiple of Rs.5/-.
5. Charges for presentation of usance bills
`.60/- per bill. (Also in cases of BP/BD –
where there is a change in instructions.
` 100/- per bill. (Also in cases of BP/BD
– where there is a change in instructions.
6.
Change of original instruction in respect of OBC/IBC e.g. a) Delivering free of
payment b) waiving 'c' form
etc c) Allowing rebate d) Extending time for retirement
`..60/- per request
` 100/- per request
Section IV REMITTANCES
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f. 01.11.2015
Page 12 of 21
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f. 01.11.2015
1. Issuance of DD/BC
Charges for DD / BC Individual:
Up-to `.10,000/- `..50/-
Above `.10000/- @ `.4.00 per
`..1,000/- or part
thereof subject to
Min. `.50/- & Max.
`..15,000/- + Cash
Handling charges.
Charges for DD / BC Individual:
Up-to ` 10,000/- ` 60/-
Above ` 10000/- @ ` 5.00 per `
1,000/- or part thereof subject to
Min. ` 50/- & Max. `
15,000/- + Cash Handling charges
Non-Individual:
Upto `.1000/- - `..40/-
Above `..1000/-to - `..50/-
`.10000/
Above `.10000 @ `.4.00 per
`.1000/- or part
thereof subject to
Min. `.50/- & Max.
`..15,000/- + Cash
handling charge Note :
i) At par issuance of DD/Bankers' cheque in respect of loan sanctioned by the branch and payment is made directly to the suppliers.
ii) Discretion to reduce/waive charges vested with Regional Manager on case to case basis upon recommendation of the branch subject to half yearly review - keeping in view the value of the account.
Non-Individual:
Upto ` 1000/- - ` 80/-
Above ` 1000/-to - ` 100/-
` 10000/
Above ` 10000 @ ` 5.00 per `
1000/- or part thereof subject to
Min. ` 60/- & Max. `
15,000/- + Cash Handling charge
Note :
i)At par issuance of DD/Bankers' cheque in respect of loan sanctioned by the branch and payment is made directly to the suppliers. ii)Discretion to reduce/waive charges vested with Regional Manager on case to case basis upon recommendation of the branch subject to half yearly review - keeping in view the value of the account.
2. Cancellation of DD/ Bankers' cheque and/or issue of fresh DD/ Bankers' cheque in lieu of lost one.
Individual:
`..100/- per instrument.
(In case of lost instrument, `..200/-)
Individual & Non Individual:
Up to ` 500/- Nil
Above ` 500/- ` 100/- per
instrument. In case of lost instrument,
Up to ` 500/- ` 20/-
Above ` 500/- ` 200/- per
instrument.
Page 13 of 21
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f. 01.11.2015
DUPLICATE DD
Non Individual-
`.100/- per instrument.
Individual & Non Individual-
` 250/- per instrument.
3.
Against tender of cash for any mode of remittance
50% plus ST higher charges over floor rates
50% plus higher charges over floor rates
4 Remittance of fund through RTGS ( through Cheque) As per RBI circular RBI/2011-12/166-DPSS(CO)RTGS No. 388/04/04/.002/2011-12 dated 05.09.2011
With effect from 26.11.2011 (A) On all RTGS Transactions (INWARD)-- -NIL Total charges( Incl. Service Tax)
Transaction `2
Lacs
to `5
Lacs
Above
` 5
Lacs
Between 9.00 hrs.
to 12 hrs.
28/- 55/-
After 12 hrs. to
15.30 hrs.
29/- 56/-
After 15.30 hrs. to
17.30 hrs.
33/- 61/-
After 17.30 hrs. 33/- 61/-
With effect from 26.11.2011 (A) On all RTGS Transactions (INWARD)-- -NIL Total charges( Incl. Service Tax)
Transaction `2
Lacs
to `5
Lacs
Above
` 5
Lacs
Between 9.00 hrs.
to 12 hrs.
28/- 55/-
After 12 hrs. to
15.30 hrs.
29/- 56/-
After 15.30 hrs. to
17.30 hrs.
33/- 61/-
After 17.30 hrs. 33/- 61/-
5
Remittance of fund through NEFT through cheque/cash
(A) NEFT Transactions (INWARD) - Nil B) NEFT Transactions (OUTWARD):--
Up to `.1 lac - `..5/- per transaction
Above `. 1 lacs- to `..2 lacs - `..15/- per
transaction
Above `..2 lacs - `..25/- per transaction
A) NEFT Transactions (INWARD) - Nil B) NEFT Transactions (OUTWARD):--
Up to `.1 lac - Nil
Above `. 1 lacs- to `..2 lacs - `..15/- per
transaction
Above `..2 lacs - `..25/- per transaction
6 ECS Form / Mandate Verification
`.100/- per occasion
7 Payment of Fixed deposit to other bank
Remittance charges as applicable plus out of pocket expenses
SECTION – V MISCELLANEOUS SERVICES
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f. 01.11.2015
Page 14 of 21
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f. 01.11.2015
1.
Safe Custody Charges
Scrips - `. 5/- per scrip. Minimum
`..50/- per year or part thereof.
Sealed Covers: `.100/- per cover per
annum or part thereof.
Sealed Boxes: `..500/- p.a. per box
measuring not more than 200 cubic inches; proportionately higher charges for bigger boxes. Bank’s own Deposit Receipt : No charges
To be deleted
Sealed Covers: ` 350/- per cover per
annum or part thereof.
Sealed boxes – ` 3000/- per box per
annum (size 200 cubic inch)
Bank’s own Deposit Receipt : No charges
2. Service Charges for handling scrips
`. 30/- per block of 10 pieces of scrip or
part thereof, subject to a minimum of
` 30/- per account.
As per discretion of Regional Manager
3. Attestation of customer’s signature
`.50/- per instrument / occasion.
` 100/- per instrument / occasion.
In case of joint A/c. - ` 150/-
4 Inquiries relating to old records.
3 to 12 months old : `..50/- per item.
Above 12 months : `.200/- per item
Up to 3 months – free
3 to 12 months old : ` 100/- per item.
Above 12 months : ` 300/- per item
5
To ascertain fate of local cheques lodged in clearing, at the request of the customer.
FREE
Free under CTS.
6 Photo attestation
`.100/- per photo / occasion ` 200/- per photo / occasion
7 Cash Handling Charges-FOR CASH DEPOSIT (Applicable to base
branch and also to Local Non-base CBS branches)
Total cash deposited at Base and local Non-base branch AT BASE BRANCH a. Savings Bank Accounts : No charges upto `..1,00,000/- per day. b. Other than Savings Bank Accounts
No charges upto `.50,000/- per day.
c. In case cash deposit amount is beyond the amount mentioned in item (a) and (b), charges @ `.25/- per `.50,000 and part thereof to be recovered on the amount in excess of amount `.1,00,000/- per day
Total cash deposited at Base and local Non-base branch
a. Savings Bank accounts
Cash Deposit -Any Amount - Free of charge
(In case of cash aggregating
` 50000/- or more deposited with the
bank during any one day , customer is required to quote his/her PAN or submit form 60/61)
Page 15 of 21
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f. 01.11.2015
(Savings Bank Accounts) and `.50,000/- per day (Other than Savings Bank Accounts).
NON BASE BRANCH
UPTO `.50,000/- –
NIL Above
`.50,000/- 50%
more than
above charges + ST
There is no change in Inter-sol cash deposit charges mentioned at section 13.
The powers to waive / reduce the cash handling charges, earlier vested with branches headed by Scale IV and above (Refer to Circular No. HO:BR:99/68 dated 17.05.2007) has since been withdrawn vide Circular No. HO:BR:99/133 dated 09.10.2007 and henceforth the Regional Manager / Deputy Regional Manager have been authorized to reduce / waive the cash handling charges on case to case basis on the merit of each case).
b. For CA/OD/CC/Other Accounts:
Cash Deposit Upto ` 50000/- Or
Upto 10 packets i.e. 1000 pieces of notes of any denominations taken together, whichever is higher - free of charge per day
Above 10 packets –i.e. 1000 pieces of
notes charges will be levied @ ` 10/-
per packet or a part thereof.
(Min. ` 10/- , Maxi. ` 10000/- plus
Service tax at applicable rate.”
Page 16 of 21
SECTION – VI LOCKER SERVICE CHARGES In terms of EMC direction the Locker Rent should be reviewed at interval of -2-years
Existing SERVICE CHARGES
Class of locker Metro Urban SU/ Rural
A 1100 900 700
B 1200 1000 750
D 1550 1350 900
C 1650 1450 1000
E/H-1 2000 1800 1400
G 3000 2800 2400
F 3000 2800 2400
L1 5000 4500 4000
H 3500 3300 2800
L 5000 4800 4200
PROPOSED SERVICE CHARGES –EXCLUDING SERVICE TAX
w.e.f. 01.11.2015
Class of locker Metro/ Urban
SU/ Rural
A 1500 900
B 1600 1000
D 2500 1500
C 2600 1700
E/H-1 3200 2200
G 4500 4500 F 4500 4500 L1 6700 6700 H 4700 4500 L 6700 6700
Page 17 of 21
SECTION – VII INTER-SOL CHARGES:-
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES EXCLUDING SERVICE TAX
w.e.f.01.11.2015
1 CBS Operations Inter-SOL charges (A) CASH DEPOSIT (Outstation)
(A) CASH DEPOSIT (Inter-SOL) Local Non-base branches Free of charge in respect of any amount / any number of cash deposit per day per account. * *Instead of Inter-SOL CBS charges, the local non-base branch will levy cash handling charge as applicable to base branch at the rate mentioned in Point No.15 of Section –V
(A) CASH DEPOSIT (Outstation) Local Non-base branches At local non-base branches cash handling charges will be levied as applicable to base branch.
NOTES :
1. In case of breaking open of the locker, `.250/-
to be recovered as incidental charges over and above actual cost incurred for the same.
2. Penalty for late payment of locker rent (from
the due date) be levied as under:
--Where annual locker rental is up to `. 1000/-
- `..20/-p.m. or part thereof for first 3-
months and `..30/- p.m. thereafter.
--Where annual locker rental is above `.1000/-
- `..30/-p.m.for first 3months and `..50/- p.m.
thereafter. When the rent is paid in advance for -3- years & above, 10% discount may be allowed, However, 20% discount in locker rent in case of Premium current account and Premium current account privilege customers if rent is paid in advance for a period of three years and above.
For Staff /Ex-staff- concession of 25% in rent is allowed only as per Book of Instructions, 2003 NEW PROVISION FOR CHARGES FOR LOCKER OPERATIONS MORE THAN 12 TIMES
A YEAR – `.50/- PER OCCASION.
NOTES :
1. In case of breaking open of the locker, ` 1000/-
to be recovered as incidental charges over and above actual cost incurred for the same.
2. Penalty for late payment of locker rent (from the due date) be levied as under:
-- Where annual locker rental is up to ` 3000/-
- ` 200/- for first -3- months thereafter
` 50/- p.m..
-- Where annual locker rental is above `.3000/-
- ` 500/- for first -3- months thereafter
` 100/- p.m..
When the rent is paid in advance for -3- years & above, 10% discount may be allowed to General Public only.
However, 20% discount in locker rent in case of Premium current account and Premium current account privilege customers if rent is paid in advance for a period of three years and above.
CHARGES FOR LOCKER OPERATIONS MORE
THAN 12 TIMES A YEAR – ` 100/- PER OCCASION
(FOR GENERAL PUBLIC) Rent in advance can be accepted for maximum three years only.
Page 18 of 21
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES EXCLUDING SERVICE TAX
w.e.f.01.11.2015
Out-station Non-base branches
Cash deposit `.25000/- per day per
account is free of charges, thereafter
in excess of `.25000/-, service charges
will be @ `.2/- per thousand or part
thereof.
Out-station Non-base branches For SB Accounts - Cash deposit
upto ` 30000/- per day per account
is free of charges, thereafter in
excess of ` 30000/-, service
charges will be levied at Rs.2.50 per thousand or part thereof.
(For Rs.50000/- and above PAN is
required to be submitted as per
requirement of Income Tax)
CA/CC/OD/others
Cash deposit upto ` 25000/- per
day per account is free of charges,
thereafter in excess of ` 25000/-,
service charges will be levied at Rs.2.50 per thousand or part thereof.
(B) CASH WITHDRAWAL (Inter-SOL)
B) CASH WITHDRAWAL (Inter- SOL) Local Non-base branches Free of charge in respect of any
amount / any number of cash
withdrawals per day per account.
Out-station Non-base branches
Cash withdrawal up to ` 25000/- per
day per account is free of charges,
thereafter in excess of `.25000/-,
service charges will be levied @
`.2/- per thousand or part thereof
Note:
1. Inter SOL cash payments to third parties is totally withdrawn
2. Per transaction limit of ` 50000 /- is
fixed for cash withdrawal by drawer by self cheque at Non Base CBS branches irrespective of nature of accounts.
B) CASH WITHDRAWAL (Inter-SOL) Local Non-base branches & Out-station Non-base branches
Cash withdrawal Charges at Local
non base and outstation branch -
No charge.
However, Maximum withdrawal
allowed at outstation branch is `
50000/- to the account holder only will continue
Note: 1.Inter SOL cash payments to third
parties is totally withdrawn
2.Per transaction limit of ` 50000 /-
is fixed for cash withdrawal by drawer by self cheque (through
withdrawal up to ` 25000/- - SB
Account without cheque book facility) at Non Base CBS branches irrespective of nature of accounts. Passbook should accompany with Withdrawals.
Page 19 of 21
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES EXCLUDING SERVICE TAX
w.e.f.01.11.2015
(C)FUND TRANSFER (Inter-SOL) (i) Transfer of funds within the same clearing area through cheque.
C)FUND TRANSFER (Inter-SOL) Transfer of funds through cheque amongst the customers of CBS branches will as under: Free of charge transfer of funds through cheque irrespective of any amount.
C)FUND TRANSFER (Inter-SOL) Transfer of funds through cheque amongst the customers of CBS branches will as under: Free of charge transfer of funds through cheque irrespective of any amount.
(ii) Fund Transfer amongst CBS branches: a)- Transfer of funds outside the clearing area through cheques drawn on any of our CBS branches.
Up to `.1 Lac- Free per day
Above `.1 lac to `.5 lacs – `.25 per txn
Above `.5 lacs – `.50/- per txn
(to continue to recover from drawer of the cheque) For Baroda Premium Current A/C & Current A/C- Privilege: Free of charge - Any amount. For Super Savings Bank A/C, Shubh Savings A/C & For Centenary Savings Bank A/C: Free of charge -Any amount. For the current account holders maintaining quarterly average balance of Rs.75,000/- for the last two completed quarters Free of charge - Any amount.
Free of charge transfer of funds through cheque irrespective of any amount.
-b) Funds transfer amongst CBS branches through collection of outstation cheques drawn on our CBS branches.
Free of charge transfer of funds through cheque irrespective of any amount.
-c) Funds transfer through payment of cheque drawn on our outstation CBS branches received through clearing.
NIL ( As shown below at (E) )
Mandated by RBI under Speed Clearing charges. (In such cases, charges are levied on Payee by presenting bank as per RBI guidelines.)
NIL Mandated by RBI under Speed Clearing charges. (In such cases, charges are levied on Payee by presenting bank as per RBI guidelines.)
Page 20 of 21
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES EXCLUDING SERVICE TAX
w.e.f.01.11.2015
(iii) Transfer of Funds for certain specific transaction.
Periodical Transfer of funds through Inter-SOL from one account to another within the Bank @ 25% of above charges subject to following conditions: (i) From Collection Accounts (i.e.
accounts wherein no debit transactions other than such periodical funds transfer entries are reflected) to the principal account of the same organization.
(ii) Advances/Borrowal A/Cs: From
one account to any other account of same organization. When debit balances are transferred, interest for the transit period should be recovered.
Periodical Transfer of funds through Inter-SOL from one account to another within the Bank
(i) From Collection Accounts (i.e. accounts wherein no debit transactions other than such periodical funds transfer entries are reflected) to the principal account of the same organization.
No charges (ii) Advances/Borrowal A/cs: From
one account to any other account of same organization. When debit balances are transferred on the same day
No charges
(D) COLLECTION OF CHEQUES (Inter-SOL) (i) Collection of local
cheques through clearing by local non-base branches
Free of charge.
Free of charge.
(ii)Cheque collected
through outstation non base branches drawn on other Banks within clearing area of that center.
Mandated by RBI
Up to `.1 Lac- Free per day
Above `.1 lac to `.5 lacs –`.25 per txn
Above `.5 lacs – `.50/- per txn
(to continue to recover from the payee of the cheque)
Free of charge.
E) SPEED CLEARING Transfer of funds to our customer’s A/C by collection of their outstation cheques drawn on other bank’s CBS branches (Outward clearing under Speed clearing)
RBI mandated charges
Upto ` 1/- lac – NIL
Above ` 1/- lac – ` 150/-
RBI mandated charges w.e.f. 30.03.2012
Upto ` 1/- lac – SB A/c. - NIL
Others - ` 20/-
Above ` 1 lac to `5 lac – ` 175/-
Above ` 5 lac to `10 lac – ` 200/-
Above ` 10 lac – ` 225/-
Page 21 of 21
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED SERVICE CHARGES EXCLUDING SERVICE TAX
w.e.f.01.11.2015
SECTION-VIII GENERAL
Sr. No.
AREA OF BANKING SERVICE
Existing SERVICE CHARGES
PROPOSED CHARGES EXCLUDING SERVICE TAX
w.e.f. 01.11.2015
1.
(APPLICABLE TO ALL ABOVE SERVICES/ ACTIVITIES) a) Postal &
Telecommunication TARIFF
a)Ordinary Post
– Actual, subject to `.10/- min
a) Ordinary Post
– Actual, subject to Min. ` 15/-
b)Registered Post
– Actual, subject to `..50/- min
b) Registered / Speed Post/courier
– Actual, subject to Min. ` 75/-
c)Telegram/ Long Distance (STD) Phone & Fax
– Actual/- Min `.50/-.
c) Fax - Actual, subject to Min ` 60/-.
b) Courier Charges
Actual charges subject to a minimum
of `.50/- per instrument per occasion,
unless otherwise specified to the contrary.
` 75- per instrument per occasion,
unless otherwise specified to the contrary.
2. Higher Service charges for non customers of the Bank.
For all banking services to non-customers of the Bank, service charges shall be 50% higher than the floor rates, across the board plus ST
For all banking services to non-customers of the Bank, service charges shall be 50% higher than the floor rates, across the board plus Taxes
3 Definition of Floor rates
Floor rates shall mean rates of service charges fixed by our bank as detailed in this Hand Book.
Floor rates shall mean rates of service charges fixed by our bank as detailed in this circular.
Bina15/ervice Charges/ Website-service Charges.Operations (excl. sch. specific.09.06.15)