DEPOSIT PRODUCTS

Particulars	Service Charge
	Existing Rate since 01-06-2006	Revised rate with effect from 02-05-2008
Relating to Deposit Accounts 1. Issue of Cheque Book     a) Savings Accounts	a) Nil	a) Free up to three cheque books (containing 20 leaves) per calendar year. Beyond the above limit Rs. 20.00 per cheque book (containing 20 leaves) to be realized.
b) Current Accounts / Overdraft Accounts   / Cash Credit Accounts	b) Re. 1.00 per Cheque leaf	b) Rs. 1.50 per Cheque leaf
2. Issue of Cheque Book against Lost / Surrender one:  a) Savings       b) CD / CC / OD	a) Rs. 15.00	a) Rs. 20.00
	b) Rs. 25.00	b) Rs. 40.00
3. Issue of Pass Book      a) Savings Accounts / Current Accounts	a) Nil	a) Free (During opening of an account only).
b) Overdraft Accounts   / Cash Credit Accounts/ Term Loan	b) Rs. 7.00	b) Rs. 10.00
4. Balance Certificate	Nil	i) Free at monthly interval ii) Rs. 25.00 per additional statement as per request of the Customer.
5. Balance Enquiry	Nil	Free
6. Issue of Duplicate Pass Book / Statement a. with latest balance	Rs 15.00 per Pass Book Irrespective of no of entries.	a) Rs. 20.00per Pass Book
b. with previous entries		b) Rs. 20.00 + Additional Charge of Rs. 10.00 per page or part thereof.
7. Issue of Duplicate Term Deposit Receipt.	Rs 10.00 per Receipt	Rs. 20.00 per Receipt
8. Addition / Deletion of Name	Nil	Rs. 15.00 per occasion. No charge to be levied for deletion of name of deceased customer.
9. Change in Operational Instruction	Nil	Rs. 15.00 per occasion.
10. Fall in Minimum Balance a) No Frill Accounts b) Savings Accounts (minimum balance to be maintained for Rs. 300.00)	Nil	a) Nil
		b) Rs. 15.00 per occasion
c) Current Deposit (minimum balance for Kolkata Branch Rs. 10000.00 and for all other branches Rs. 3000.00 to be maintained)		c) Rs. 25.00 per occasion NB: Staff / Retired Staff, Student and Senior Citizen are exempted from Minimum Balance requirement.
11. Excess number of debit entries in savings account per calendar year. (for entries over 60 per calendar year other than debit entries made for reinvestment and execution of standing instructions).	Nil	Rs. 5.00 per entry
12.Folio Charge: a) Savings Account b) Current Deposit Accounts	a) Nil b) Rs. 30.00 Flat	a) Nil b) Rs. 40.00 per ledger folio ( 40 entries or part thereof be treated as one folio)
13. Loss of Token	Nil	Rs. 50.00
14. Account Closure a) Savings Account	a) Rs.10.00	a) Within 12 months from the date of opening Rs. 25.00 and after 12 months from the date of opening Rs. 10.00 Exemption: Closure due to death of depositor.
b) Current Account	b) Rs.20.00	b) Within 12 months from the date of opening Rs. 50.00 and after 12 months from the date of opening Rs. 25.00 Exemption: Closure due to death of depositor.
c) Recurring Deposit Account	c) Rs.5.00	c) Within 3 months from the date of opening Rs. 15.00 Exemption: Closure due to death of depositor.
15. Inter Branch transfer of entire balance in SB / CD account a) Collecting Bank	a) Nil	a) Need not levy any service charge.
b) Remitting Branch	b) Nil	b) It shall levy service charge @ 50% of the rate as applicable during issuance of Demand Draft / Bankers’ Cheque
16. Inter Branch money / loan account transfer a) Collecting Bank	a) Nil	a) Need not levy any service charge.
b) Remitting Branch	b) @ Rs.0.75 per thousand for Rs.1 Lac or above and @ Re.1.00 per thousand for Rupees below 1 Lac.	b) It shall levy service charge @ 50% of the rate as applicable during issuance of Demand Draft / Bankers’ Cheque
17. Fax facility	Rs. 10.00 per occasion	Rs. 20.00 per occasion.
18. Stop Payment Instruction (all types of accounts)	Nil	Rs. 20.00 per instruments. Maximum Rs. 160.00 per reference (No cheque / bill return charges will be levied as per Sl. No. 24 where stop payment charges are levied.) Exemption: Senior Citizen, war-widow, physically handicapped, ECS purpose
19. Signature Verification:	Nil	Rs. 20.00 per case. (Exemption: Student)
20. Standing Instruction:	Nil	Nil
21. Interest certificate in deposit accounts (note: one certificate per year to be issued free of cost)	Nil	Rs. 30.00 for all types of accounts.
22. Collection Charge of Local Clearing / Collection Cheques :	Rs. 5.00 per cheque	Free
23. Collection Charge  of Outstation Cheques / Drafts / Bills : For Amount Slab i) Up to Rs. 1000.00 ii) Above Rs. 1000.00 up to Rs. 2500.00 iii) Above Rs. 2500.00 up to Rs. 5000.00 iv) Above Rs. 5000.00 up to Rs. 10000.00 v) Above Rs. 10000.00 up to Rs. 1 Lac vi) Above Rs. 1  Lac up to Rs. 10 Lac vi) Above Rs. 10 Lac	Rs. 2.00 Rs. 5.00 Rs. 8.00 Rs. 18.00 @ Rs. 2.00 per thousand & part thereof @ Rs. 2.00 per thousand & part thereof @ Rs. 2.00 per thousand & part thereof	i) Up to 10000.00 Rs. 25.00 ii) Above 10000.00 to 50000.00 Rs. 2.40 per thousand or part thereof   iii) Above 50000.00 Rs. 2.25 per thousand or part thereof (minimum Rs. 125.00 maximum Rs. 10000.00)
24. Cheque / Bills return charges:	Nil	Rs. 50.00 + other bank charges if any
25. Issue of Demand Draft / Bankers Cheque (payable at par): For Amount Slab i) Up to Rs. 1000.00 ii) Above Rs. 1000.00 up to Rs. 5000.00 iii) Above Rs. 5000.00 up to Rs. 10000.00 iv) Above Rs. 10000.00 up to Rs. 1 Lac v) Above Rs. 1 Lac	Rs. 10.00 Rs. 15.00 Rs. 20.00 @ Rs. 2.00 per thousand & part thereof @ Rs. 1.50 per thousand & part thereof subject to minimum of Rs. 200.00	i) Up to 10000.00 Rs. 25.00 ii) Above 10000.00 to 50000.00 Rs. 2.40 per thousand or part thereof iii) Above 50000.00 Rs. 2.25 per thousand or part thereof (minimum Rs. 125.00 maximum Rs. 10000.00) NB: 50% of our Bank charges + other Bank charges if the cheques are collected for another Bank / Society (Owned Name).
26. Revalidation / Cancellation of Draft / Bankers Cheque	Rs.15.00 per instrument	Rs. 50.00 per instrument
27. Issuance of Duplicate Draft / Bankers Cheque	Rs.15.00 per instrument	50% of the charge over the floor rate as per Sl. No. 25.
28. Issue of Duplicate Share Certificate	Rs 15.00 per receipt	Rs. 20.00 per Receipt
29. Issue of Duplicate receipt of Gold / TD Loan	Rs 15.00 per receipt	Rs. 20.00 per Receipt
30. Issue of Duplicate letter for cancellation of hypothecation charge	Nil	Rs. 20.00 per Letter
31. Charges for issue of solvency certificate a) Upto Rs.5 lac b) Above Rs. 5 lac to Rs. 10 lac c) Above Rs. 10 lac to Rs. 50 lac d) Above Rs. 50 lac	Nil	Rs. 500.00 Rs. 200.00 per lac or part thereof. Maximum Rs. 1500.00 Rs. 150.00 per lac. Minimum Rs. 3000.00 Flat rate of Rs. 12000.00
32. Safe Deposit Locker hiring charge (Annual)	a) Small Size -[5'' x 7'' x 19.5''] Rs. 200.00 per annum (FD - Rs. 3000.00) b) Medium Size - [5'' x 14'' x 19.5''] Rs.. 250.00 per annum (FD - Rs. 5000.00) c) Big Size - [11.5'' x 14'' x 19.5''] Rs. 375.00 per annum (FD - Rs. 10000.00) existing hirers should be charge revised rate at the time of the renewal.	a) Small Size -[5'' x 7'' x 19.5''] Rs. 250.00 per annum (FD - at least Rs. 4500.00)   b) Medium Size - [5'' x 14'' x 19.5''] Rs.. 400.00 per annum (FD -at least Rs. 7500/-) c) Big Size - [11.5'' x 14'' x 19.5'']      Rs. 550.00 per annum (FD- at least Rs. 10000.00) existing hirers should be charged revised rate at the time of the renewal.          N.B: In case of loss of key of the locker a service charge of Rs. 200/- to be recovered from the hirer besides the expenditure as will be incurred for breaking open the locker and changing the lock by the supplier.         Revised rate will be applicable in case of fresh allotment as will be made on or after the effective date of this order or during renewal.
33. Processing charge (credit related items) Demand Loan    a) Loan against Banks Time Deposit            i) Against own receipt	a) i) Nil	a) i) Free
ii) Against third party receipt	ii) Nil	ii) 0.10% of total loan issued realizable at the time of disbursement of loan
iii) Loan against Gold Ornaments	iii) 0.10% of total loan issued realizable at the time of disbursement of loan	iii) Nil
iv) Testing Charges for Loan Against Gold Loan	iv) a) 1gm. - 10g. Rs. 10.00 b) Above 10gms. - 20gms. Rs. 15.00 c) Above 20gms.- Rs. 15.00 + Rs. 5.00 for each 10gms. or part thereof realizable at the time of disbursement of loan	iv) @Rs. 2.00 per gm (net weight) or part thereof realizable at the time of disbursement of loan subject to maximum of Rs. 500.00
v) Loan against Postal Time Deposit / LIC Policy	v) 0.10% of total loan issued realizable at the time of disbursement of loan	v) 0.15% of total loan issued realizable at the time of disbursement of loan
b) Term Loan	b) 0.10% of total loan issued realizable at the time of disbursement of loan	b) i) Upto Rs. 25000.00 - Rs. 25.00 realizable at the time of disbursement of loan ii) Above Rs. 25000.00 - 0.15% of total loan issued realizable at the time of disbursement of loan
c) H. V. Loan	c) (0.50% as processing charge+ 0.10% as service charge) = 0.60% of total loan amount realizable at the time of disbursement of loan	c) i) Upto Rs. 25000.00 - Rs. 150.00 realizable at the time of disbursement of loan ii) Above Rs. 25000.00 - 0.65% of total loan amount realizable at the time of disbursement
d) Cash-Credit / Overdraft             i) up to limit 25000.00                                   ii) Above 25000.00	d) i) Nil   ii) Nil	d) i) Rs. 25.00 realizable at the time of disbursement as will be made on or after the effective date of this order or renewal ii) 0.13% of the limit of loan realizable at the time of disbursement as will be made on or after the effective date of this order or renewal.
e) No dues Certificates	e) Nil	e) Rs. 50.00 Exemption: War-widow, Physically handicapped, Higher Education Student
34. Bank Guarantee Charges(Fully secured by Cash/Deposits)  a)Performance Guarantee b) Renewal of Guarantee	1% of Guarantee amount (Covering Guarantee period & Claim Period) b) Same charges as applicable for issuance of fresh guarantees except that the claim period be not charged if the renewal is effected before the expiry date of the original guarantee.	1.25% of Guarantee amount. (Covering Guarantee period & Claim Period) b) Same charges as applicable for issuance of fresh guarantees except that the claim period be not charged if the renewal is effected before the expiry date of the original guarantee.

Note:

1. The charges up to item number 31 shall be collected under the head ‘Service Charges Received’ (alfa code: SERCHG) except serial number 12 which is to be collected under head ‘Incidental Charges received’ (alfa code: INCCHG) and the charges for item no. 32 shall be collected under head ‘Safe Deposit Locker Charges’ (alfa code: LOCCHG). All charges under item number 33 shall be collected under the head ‘Processing Charges’ (alfa code: INCC) except item number 33 (a) (iv) which is to be collected under head ‘Testing Charges Received’ (alfa code: TSTCHG) while the charges under serial number 34 shall be collected under the head ‘Bank Guarantee Charges Received’ (alfa code: BGCHG).
2. In all the cases postage and other out of pocket expenses will be collected separately.
3. Service Tax on Service Charge to be collected as per extant order.

Concession in Service Charges.

1. Concession of Service Charge for Ramkrishna Mission & their connected organization: Neither Service Charge, Postage, nor any other out of pocket expenses will be levied.
2. Concession to Pensioners: no Service Charge to be levied on collection of cheques of pensioners how ever Postage, out of pocket expenses to be recovered.
3. Concession for Welfare and Charitable Institutions: Collection of instruments / issuance of Draft, Banker’s Cheque and Transfer of fund favouring welfare and charitable institution to be done without any charge. However postage and other out of pocket expenses if any should be recovered. The institution eligible for concession must be exempted from Income Tax.
4. Concession up to 50% over the above normal rates can be allowed by the Secretary and over 50% can be allowed by the Chairman / Vice-chairman for developing and servicing high-value clients, either existing or potential. Provided that all such proposals should be made through proper channel.

 

This instruction will be effective from 02.05.2008 and will supersede all previous instructions issued in subject.