:: Kokan Mercantile Co-operative Bank Ltd. ::

SCHEDULE OF BANK SERVICE CHARGES

Sr. No	PARTICULARS		PROCEEDS APPLICABLE CHARGES	GST 18%	PROCEEDS APPLICABLE CHARGES
			EXCLUDING GST		INCLUDING GST
			Proposed For Approval
1	ISSUE OF PAY ORDER / DD
	Upto Rs.1000/-	PER REMITTANCE	25	4.50	29.50
	Above Rs.1000/- to Rs.5000/-	PER REMITTANCE	30	5.40	35.40
	Above Rs.5000/- to Rs.10000/-	PER REMITTANCE	35	6.30	41.30
	Above Rs.10000/- to Rs.1,00,000/-	PER Rs.1000 @ Rs.2.75 Minimum	50	9.00	59.00
	Above Rs.1 lac to 10 lacs	PER Rs.1000 @ Rs.2.33 Minimum	300	54.00	354.00
	Above Rs. 10 lacs	PER Rs.1000 @ Rs.2.12 Minimum	2,500	450.00	2,950.00
		Maximum	3,500	630.00	4,130.00
	Note :
	(Free for SB/CD/CC A/cs with average credit balance of Rs. 10 lacs & above p.a. with maximum 10 remittances per month of 50 remittances p.a.)

2	PAY ORDER / PAY SLIP AGAINST CASH
	Upto Rs.1000		50	9.00	59.00
	Above Rs.1000/- to 10000/-		75	13.50	88.50
	Above Rs.10000/- to 49,999/-		100	18.00	118.00
	Note :
	No Commission on Pay Order issued for Haj / Loan Payment purpose

3	HANDLING CHARGES FOR CHEQUES/BILLS RETURNED UNPAID		For Banks perticipating in Mumbai Clearing
	a) Outward Return Clearing
	Upto Rs. 10000/-	PER CHEQUE	100	18.00	118.00
	Above Rs. 10000/-	PER CHEQUE	100 + RS 1.00 per thousand with a maximum of Rs. 500 per chq	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST

	b) Inward Return Clearing	PER CHEQUE	300 + Int.@36% p.a.on Chq. Amt. Per day	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST

	c) Inward Return ECS/NACH	PER ENTRY	300	54.00	354.00
	d) Outward Return ECS/NACH	PER CHEQUE	100	18.00	118.00

4	COMMISSION ON CASH DEPOSIT/TRANSFER FOR INWARD CHEQUES (AFTER 12.00 NOON)		0.25% + applicable GST on deposit of Shortfall	18% GST ON EQUIAMOUNT	= EQUIV AMT +18% GST

5	CASH DEPOSIT / COUNTING CHARGES :
	Savings Accounts
	Upto Rs. 1.00 Lacs per day		NIL
	Above Rs. 1.00 Lacs		Rs.1/- per Rs. 1,000/- deposited	18% GST ON EQUI AMOUNT	'= EQUIV AMT + 18% GST

	Overdraft & Cash Credit accounts
	Upto Rs. 1.00 Lacs per day		NIL
	Above Rs. 1.00 Lacs		Rs.1/- per Rs. 1,000/- deposited	18% GST ON EQUI AMOUNT	'= EQUIV AMT + 18% GST

	Current accounts
	Upto Rs. 1.00 Lacs per day		NIL
	Above Rs. 1.00 Lacs		Rs.1/- per Rs. 1,000/- deposited	18% GST ON EQUI AMOUNT	'= EQUIV AMT + 18% GST

	NOTE : If the cash is serially deposited in a single day, the amount so deposited shall be integrated together for the purpose of applying commission

6	Charges for not maintaining minimum balance on operative accounts
	a) Saving account	Minimum balance required
	i) Urban Areas ( Mumbai, Goa & Thane )	500/-	10% OF THE Avg Bal SHORTFALL	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST
	ii) Other Areas	100/-	10% OF THE AVG BAL SHORTFALL	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST

	b) Current Account
	i) Urban Areas ( Mumbai, Goa & Thane )	2000/-	10% OF THE Avg Bal SHORTFALL	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST
	ii) Other Areas	1000/-	10% OF THE AVG BAL SHORTFALL	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST

7	OTHER MISCELLENOUS SERVICES :
	ISSUE OF :
i	DUPLICATE PASS BOOK/STATEMENT

	a) PASS BOOK	WITH LATEST BALANCE & FIRST PAGE	25	4.50	29.50
	Printing charges	ADDL PAGE	10	1.80	11.80
	b) STATEMENT	FIRST 2 PAGES	25	4.50	29.50
	Printing charges	ADDL PAGE	10	1.80	11.80

ii	BALANCE CERTIFICATE	PER CERTIFICATE	50	9.00	59.00
iii	NO DUES CERTIFICATE ( Non-Existing Borrower)	PER CERTIFICATE	50	9.00	59.00
iv	INTEREST CERTIFICATE	PER CERTIFICATE	50	9.00	59.00
v	DUPLICATE DEPOSIT RECEIPT	NOTORISED INDEMNITY BOND	100	18.00	118.00
vi	DUPLICATE SHARE CERTIFICATE	NOTORISED STAMP PAPER	100	18.00	118.00
vii	DUPLICATE DD/PO	PER INSTUMENT	50	9.00	59.00
viii	REVALIDATION OF DD/PO	PER INSTUMENT	25	4.50	29.50
ix	CANCELLATION OF DD/PO	PER INSTUMENT	40	7.20	47.20
x	COPY OF CHEQUE	PER INSTUMENT	50	9.00	59.00

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