Note: Following are subject to change from time to time as per R.B.I/Bank’s Policies.

SCHEDULE OF BANK SERVICE CHARGES
(INCLUDING SERVICE TAX)

W.E.F. 01-07-2007

1. Collection of outstation cheques (Excluding our outstation cheques): OBC

Upto Rs. 1000/- Per cheque Rs. 17.00
Rs. 1001/- to Rs. 5,000/- Per cheque Rs. 27.00
Rs. 5,001/- to Rs.10,000/- Per cheque Rs. 38.00
Rs.10,001/- to Rs 1 lac Per Rs.1000
Maximum
@ 4.50
Rs. 100/-
Rs. 1,00,001 & above Per instrument Rs. 150/-

There will be no charges for any instruments received in Transfer drawn on our Local Branches (upto Mumbai Clearing Zone).

2. Collection of Bills: IBC

Upto Rs.1000/- Per bill 27.00
Rs.1001/- to Rs.5000/- Per bill 42.00
Rs.5001/- to Rs.10000/- Per bill 76.00
Rs.10001/- to Rs.1 lac Per Rs.1000
Minimum
@ 5.00
80.00
Above Rs.1 lac to Rs.10 lac Per Rs.1000
Minimum
@ 3.50
525.00
Above Rs.10 lacs Per Rs.1000
Minimum
Maximum
@ 3.00
3750.00
4000.00

3. Collection of cheques in National Clearing

Same as applicable to collection of outstation cheque

4. Remittance (DD/TT/MT) for KOKAN BANK / IDBI BANK / ICICI BANK

Upto Rs.1000/- Per remittance 20.00
Rs.1001/- to Rs.5000/- Per remittance 25.00
Rs.5001/- to Rs.10000/- Per remittance 30.00
Rs.10001/- to Rs 1 lac Per Rs.1000
Minimum
@ 2.50
35.00
Above Rs.1 lac to Rs.10 lac Per Rs.1000
Minimum
@ 2.25
300.00
Above Rs.10 lacs Per Rs.1000
Minimum
Maximum
@ 2.00
2500.00
3500.00
 
(free for SB/ CD/CC A/cs With average credit balance of Rs.10 lacs & above p.a. with maximum 10 remittances per month or 50 remittance p.a.)
     
Remittances against tender of CASH Upto Rs.1000/-
Above Rs.1000/-
Normal charges
Normal charges + 50% of normal charges.


5. Issue of Bankers cheque / Pay order / Pay slip

Upto Rs.1000/- Per instrument 12.00
Rs.1001/- to Rs.5000/- Per instrument 22.00
Rs.5001/- to Rs.10000/- Per instrument 25.00
Rs.10001/- to Rs.1 lac Per Rs.1000
Minimum
@ 2.00
30.00
Above Rs.1 lac to Rs.10 lacs Per Rs.1000
Minimum
@ 0.75
225.00
Above Rs.10 lacs Per Rs.1000
Minimum
Maximum
@ 0.80
850.00
3500.00
 
(free for SB/ CD/CC A/cs With average credit balance of Rs.10 lacs & above p.a. with maximum 10 remittances per month or 50 remittance p.a.)
     
Pay Order / Pay Slip against tender of cash Upto Rs.1000/-
Above Rs.1000/-
Normal charges
Normal charges + 50% of normal charges.

Note: No Commission on Pay Order issued for purpose of Haj / Loan Payment.

6. Cash Counting Charges

Cash Deposited upto Rs.1.00 Lac : No Charges
Above Rs.1.00 Lac : 0.1% of the amount in a single day


7. Issue of cheque books

MICR/Non-MICR– per cheque leaf Current 3.00
  Golden Customer 1.00
  Savings (60 cheque free in a year for Savings Bank A/cs) 1.50


8. Draft Arrangement / Purchased from Other Banks

Upto Rs.1000/- Per instrument 9.00
Rs.1001/- to Rs.5000/- Per instrument 12.00
Rs.5001/- to Rs.10000/- Per instrument 14.00
Rs.10001/- to Rs 1 lac Per Rs.1000
Minimum
@ 1.25
20.00
Above Rs.1 lac to Rs.10 lacs Per Rs.1000
Minimum
@ 1.00
150.00
Above Rs.10 lacs Per Rs.1000
Minimum
Maximum
@ 0.80
1100.00
2500.00

The above charges are in addition to the actual commission paid to other bank.


9. Guarantees
* For calculation see below.

Fully Secured Rs. 200 + 1% p.a. on amount of guarantee
Partly Secured Rs.200 + 2% p.a. on amount of guarantee
Obtain through UBI or other Banks Rs.200/- + 1% of Bank Guarantee + UBI Commission+ Rs.400 + Stamp Paper of Counter Indemnity

Guarantee Commission

a) In case of 100% secured guarantee we charge 1% commission as follows:

Amount of guarantee x 1% x period of guarantee (month) / 1200

b) In case of unsecured guarantee we charge 2% commission as follows:
Amount of guarantee x 2% x period of guarantee (month) / 1200

Note: In case we are issuing Bank Guarantee through Nationalised Bank, then our commission + commission charged by Nationalised Banks would be taken.


10. Issue of solvency certificate

Upto Rs.1 lac 250.00
Rs. 1 lac upto5 lacs 1000.00
Rs.5 lac upto 10 lacs 2000.00
Rs. 10 lac upto 25 lacs 2500.00
Rs. 25 lac upto 50 lacs 5000.00
Rs. 50 lac upto 1 Crore 10,000.00
Rs. 1 Crore & Above 15,000.00


11. Handling charges for cheque / Bills returned unpaid:

For Banks participating in Bombay Clearing Branches

a) Outward Return Clearing Upto Rs. 10,000/-
100.00
  Above Rs. 10,000/- 100 + 1.5 per thousand or part thereof
b) Inward Return Clearing Ist Time per instrument: Rs. 300/- + Int. @ 36% p.a.
  2nd Time per instrument: Rs. 400/- + Int. @ 36% p.a.
  3rd Time onwards
per instrument:
Rs. 500/- + Int. @ 36% p.a.
c) Inward ECS Return Debit Per entry 300.00


12. Handling charges for cheque / Bills returned unpaid (Non-Mumbai Clearing Branches):
For Banks participating in Outstation Clearing / Counter Present

a) Outward Return Clearing Per cheque 105.00
b) Inward Return Clearing Per cheque 100 + interest @ 36% p.a.
c) OBC cheque returned unpaid Per cheque 105 + postage


13. Commission on Cash Deposits / Transfer for clearing Inward cheques (after 12:00 noon)
@ 0.15% on short-fall of amount deposited.


14. Incidental Charges (Monthly)

 
Local
Outstation
Saving Bank
25.00
25.00
Current Account
55.00
55.00


15. Loan Commission

Per Rs.100/- 0.60


16. Loan Processing Charges

Per Rs.100/- 0.5% + Taxes
Maximum 33,700.00


17. Maintenance of Minimum Balance

 
Local
Outstation
Easy Saving
25.00
25.00
Saving Bank Deposits

a) Without Cheque Book Facility
b) With Cheque Book Facility

500.00
500.00

100.00
100.00
Current Account Monthly
2000.00
500.00


18. Closure of Accounts

Particulars Within 6 months After 6 months
Easy Saving 50.00 25.00
Saving Bank Deposit 100.00 50.00
Current Deposit 250.00 125.00


19. Other Miscellaneous Services:

A. Revalidation of DD/PO (Upto 1 year from the date of issue) 30.00

B. Cancellation of DD/PO

25.00

C. Issue of Duplicate DD/PO 30.00
D. Duplicate Deposit Receipt 30.00
E. Signature Verification/Photo attestation 15.00
F. Stop Payment 30.00
G.Change of Authorised Signatory including reconstruction 25.00
H. Issue of Duplicate Passbook/Statement

i. With latest balance
ii. For previous entries per page

15.00
20.00

I. No dues Certificate 25.00
J. Balance Certificate 25.00
K. Interest Certificate 25.00
L. Draft Purchases 0.30% of amount per day
M. Commission Against Payment 0.27% of amount per day basis
Minimum Rs. 25.00
N. Clearing Cheque in Accomodation Rs. 150/- per instrument + Interest @ 24% p.a.


20. Issue of NOC (In case of outstation branches)
Rs. 50 (Except for Govt. Scheme Loan).

21. Charges on NEFT

Upto Rs.10,000/- Rs. 3/-
Rs.10,001/- to Rs.1,00,000/- Rs. 6/-
Rs.1,00,001/- to Rs.2,00,000/- Rs.17/-
Rs.2,00,001/- & above Rs.28/-

22. Charges on RTGS

Rs.2,00,000/- to Rs.5,00,000/- Rs. 28/-
Rs.5,00,001/- & above Rs.57/-

 

 
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