UCO BANK
Service Charges
(w.e.f 15th Sept 2015)

       
(In Rupees) (Inclusive of Service Tax @ 14.5%)
A BILLS, REMITTANCES, DEPOSITS, LOCKERS & SAFE-CUSTODY OF ARTICLES 
Name of the Item Revised Rates
1 A) collection of outstation cheques 
  Amount of cheque  
Upto Rs.5000/- Rs. 26/- Per instrument
Above Rs.5000/- upto Rs.10000/- Rs. 57/- Per instrument
Above Rs.10000 - upto Rs.1 lakh Rs.115/- per instrument
Above Rs.1 lakh   Rs.172/- per instrument
1. The above charges will be all inclusive. No additional charges i.e courier charges, out of pocket expenses etc. Should be levied from the customer.
2. In case of outstation cheques purchased and credited to customers account interest amount for the period bank remains out of fund shall be realised at the rate as per terms of sanction/clean OD rate as applicable. Besides normal collection charge as per item no.1 shall be realised. In case of local cheques purchased, a flat rate of Rs.50/- per instrument shall be recovered. Branches should use electronic mode like RTGS/NEFT (wherever available) to remit proceeds to the collecting bank/branch.
3. In case of return of instant credit instrument unpaid the customer will not be charged any interest from the date of immediate credit to the date of return of instrument unless the bank had remained out of fund due to withdrawal of fund. Interest wherever applicable would be charged on the notional over drawn balance in the account, had credit not been given initially. Interest shall be recoverable from the customer for the period the bank remained out of funds at the rate applicable for overdraft limit sanctioned for individual customer. In case of loan/advance account the rate will be 2% per annum above the rate applicable to that credit facility. However bank shall collect normal collection charges and out of pocket expenses as applicable.
  B) Speed Clearing 
  Cheques upto and inclusive Rs.1.00 lac  - No charge
Collection of high value cheques i.e above Re.1 lac per cheque presented in speed clearing.  - Rs.172/- per instrument inclusive of all charges
Branches should make use of speed clearing/National Clearing wherever available and levy charges as per the rates mentioned above
Service (Processing) charge for local clearing (through clearing house) from member banks.
System Drawee Bank Presenting Bank
Clearing at MICR-CPCs Rs 1.50 Rs 1.00
Cheque Truncation Rs 1.00 Rs 0.50
2 Collection of Bills 
  Upto Rs.10,000/- Rs. 116.00 per instrument 
Above Rs.10,000/-  Rs. 13/-Per Rs.1000/- or part thereof,
Max. Rs. 30,572/-
3 Handling Charges for Cheques / Bills returned unpaid (Per instrument/per occasion)
  CHEQUES
 3.1 Local cheques returned unpaid – Outward(including cash/transfer cheques)

Cheques upto Rs. 1.00 lac.

Individual Account - Rs.104- Per instrument
(For Senior Citizens 10% rebate)

Other A/cs - Rs.156/- per cheque.

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Cheque above Rs1.00 Lac upto Rs. 100.00 lacs
- Rs. 208/- per instrument

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Cheque above Rs. 100.00 Lac
- Rs.623/- per instrument.

 3.2  Local cheques returned unpaid --  inward clearing cheques 

Cheques upto Rs. 1.00 lac.

Individual Account -Rs.104/- per instrument
(For- Senior Citizens 10% rebate).

Other A/cs - Rs.156/- per cheque

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Cheque above Rs 1.00 Lac upto Rs. 100.00 lacs
- Rs. 208/- per instrument

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Cheque above Rs. 100.00 lacs
- Rs.623/- per instrument plus Interest at clean OD rate for theperiod the bank remains out of fund 

3.2A Local cheques for presentation directly at the drawee bank Rs.104/- (For Senior citizens, 10% rebate) + out of pocket expenses or 50% of collection charge whichever is higher.
  Note:  In Basic Savings Bank Accounts, charges for cheques returned unpaid shall be restricted to 25% of normal bank charges. 
 3.3 Outstation cheques returned unpaid  Per instrument 50% of collection charge
Minimum Rs.208/-
 3.4 BILLS  
   Local Bills returned unpaid 50% of collection charge, Min. Rs.208.00 plus returning charges (pocket expenses).
Outstation Bills returned unpaid 50% of collection charge, Min. Rs.208.00 plus returning charges (pocket expenses).
4 Other Charges:
 4.1 Charges for presentation of usance bill for acceptance Rs. 125/- per Bill
 4.2 Charges for   change of  instructions (for both usance and demand bill) per occasion Usance Bill Rs.103/-
Demand Bill Rs.77/-
 4.3 Charges for storing Post Parcel (subject to availability of space). Size of each packet / box should not exceed 8000 cc Rs. 52.00 per Item per day Max. Rs. 1039.00 
(to be returned after 25 days from due date)
 4.4  Charges for free delivery of documents (under collection of bills) or to be returned back as unrealised Full commission as per collection of bills
Min. Rs.125/- plus out of pocket expense.
5  Electronic Clearing Service (ECS) 
5.1 Electronic Clearing Service Debit/Credit

No charges to individual beneficiaries account

ECS Charges for Credit clearing (only for Corporate Bodies/Institutions)

1. Upto 10,000 entries per occasion --> Rs 4 per entry + RBI or destination bank Charges if any

2. Above 10,000 upto 1 lac entries per occasion -->    Rs 3 per entry + RBI or destination bank Charges if any Min. Rs 40762/-

3. Above 1 lac entries per occasion --> Rs 2 per entry + RBI or destination bank Charges if any Min. Rs 305714/-

ECS Charges for debit CLEARING (Only for Corporate Bodies/ Institutions)

Debit Clearing --> Rs 3/- per transactions + RBI or Destination charges, if any, Minimum Rs 2802/-

ECS Charges for sponsor Bank, Destination Bank, and/or RBI

1. Sponsor Bank, RBI or Destination Bank Charges, if any, Min. Rs 3261/-

2. Charges payable to Destination Bank and/or RBI --> on actual basis i.e. as waived/by the guidelines of RBI

 5.2 ECS Return for insufficiency of funds cheque return charges as applicable
  Note: No ECS charges to be levied in respect of income tax refund orders as per extant RBI directives. RBI charges if applicable shall also be loaded to above charges.
6 General Instructions :
 

a)  Actual postage cost/telegram charges and other out of pocket expenses are to be recovered in addition to the prescribed charges. However, charges prescribed under "Collection of outstation cheques” (item 1 above) are inclusive of postal/courier charges etc.

b)  In case of cash transactions for collection of cheques/bills an additional charge of 30% over the prescribed rate to be charged.

c)   In case of cheques and bills collected through another bank, both banks should recover 50% of their respective collection charges. 

7 Remittances 
 7.1 Issuance of Demand Draft/PO (other than against tender of cash) 
  Amount of Demand Draft/PO 
Upto Rs 10000/- Rs.46/- per Instruments. 
Above Rs.10000/- Rs. 4/- per thousand or part thereof
 Min. Rs.46/-     Max. Rs. 24223/-                                   
 7.2 Remittance through Electronic Mode - RTGS, NEFT 
  a) RTGS for Rs. 2 Lacs to Rs. 5 Lacs

a)   From  8 am to 12 noon -  Rs 29/-

b)   After 12.00 noon to  15.30 hours - Rs 30/-

c)   After 15.30 hours to 17.30 hours -  Rs 34/-

d)   After 17.30  hours  -   Rs 34/-

  b) RTGS above 5 Lacs

a)    From  8 am to 12 noon   -  Rs  57/-

b)   After 12.00 hours to 15.30  hours -  Rs 58/-

c)   After 15.30 hours to 17.30 hours -  Rs 63/-

d)   After  17.30  hours   -   Rs 63/-                             

  C) NEFT Upto Rs.10000 Free for Bank's customer.
Above Rs 10,001 to Rs 1 lakh Free for Bank's customer.
Above Rs.1 lac Upto Rs. 2 Lac Rs. 17/- per transaction
Above Rs.2 lac  Rs.29/- per transaction
7.3 Issuance of DD/Pay Order against tender of Cash (restricted to amt.  less than Rs.50,000/-)   Additional   50%  over the normal  charges to non-customers & 30% to the  customers shall be levied
8 Miscellaneous 
  a) Issuance of Duplicate DD/Pay Order 50% of applicable charge per instrument, Min Rs.104/-
b) Revalidation of DD/Pay Order Rs.104/- Per instrument
c) Cancellation of DD/Pay Order Rs.104/- Per instrument
 Note:-If DD/PO amount is less than Rs. 100/- then 50% of value shall be levied as Bank charges for the service mentioned under point no. 8a/8b/8c 
9 Deposit/withdrawal of cash/Collection of cheques and Transfer of Funds at CBS branches. 
 

a)Cheque Collection Charges

(i) Deposit of cheques of same centres (base/ Non-base branches)

Collection of local cheque by any CBS Branch at the same centre where base branch is located e.g. customer having an account at a CBS branch in Kolkata and cheque drawn on any bank in Kolkata deposited at any CBS branches participating in Clearing House - FREE
  (II) Deposit of cheques of other centres Outstation cheque collection charges 
  b)Withdrawal of Cash  ( From - Base Branch/Non-Base Branch) No charge
Note: Cash withdrawal at non-base branches by self only with maximum amount Rs. 50,000/-(Rs. Fifty thousand) per day per account is Permissible.
c)Deposit of cash (In SB/CA/CC/OD/RD/FDR etc.)

For the customers of our Bank intersol charges for deposit of cash at a non-base branch at other SOL – Fully waived i.e free of charge.

(ii) Deposit of Cash at any branch of other bank for credit to account with our bank branch & vice versa – will attract charges equal to NEFT/RTGS charges.

Note: For deposit of Cash - Cash handling charges shall be levied as applicable in addition to charges as aforesaid.  
e)   Fund Transfer between CBS branches (Non-cash) Free
10 Charges for Safe Custody 
  Scrips / Sealed Covers Rs.364/- per cover p.a. or part thereof
Sealed Boxes Rs.3,115/- per box p.a. or part thereof
11 Schedule of Locker Rent (inclusive of all taxes)
Old Category Volume  (cubic inch) Revised Category Revised Rate
Rural/SU Urban/Metro 
A 469.9 SMALL 1070 1274
534.77
B 858.69 MEDIUM 1733 2598
878.17
731.8
C 1186.2
1155.1
D 1337.1 LARGE 2905 3567
1307.7
E 1872.7
1841.3
1828
2234.3
F 2767.8 VERY LARGE 3465 4280
2622.4
G 2843.6
2766.3
H 3987 EXTRA LARGE 6929 8153
3682.7
L-1 4214.6
4671.6
K&L 6296.5
6009.6
 

Note:

1. 12 operations per annum free; beyond which Rs 101 /-per operation will be charged.

2. Operations in the locker will be stopped if rent is not paid on due date.

3. In case of loss of key of the lockers, a service charge of Rs 509/- has to be recovered from hirer in addition to the actual expenditure incurred in breaking open the locker and changing of key by manufacturer of locker to be recovered manually.

  Locker Rent for Staff-members:                                                                    
   Rural/SU Urban/Metro 
 Small  (one locker only)  602 703
 

Staffs members are eligible to hire one SMALL type locker only at the concessional rate.

Point no. (2) and (3) mentioned above are also applicable to staff members. 

Point no. (1) Mentioned above will not be applicable to staff member.

  Penalty for late payment of Locker Rent ( per quarter or part thereof) :
 Small & Medium 52
Large & above 260
  (Penalty is also applicable after 3 months of due date to staff member/ex-staff members).   
  Locker standing in the name of retired/voluntarily retired/ deceased staff members :-
Locker standing in the name of retired/ voluntarily retired/ other member of staff and in case of deceased staff members, on transfer to the name of the spouse up to the end of his/her life may continue with staff concession.
 

Note:

(1)Lockers can be leased for a period up to 3 years at a time subject to advance payment of rent. However, there would not be any concession in case advance rent is paid by customers.

(2)The rent payable for the overdue period to the date of revision would be recovered at old rate and the revised rate will be recovered proportionately from the date of revision.

(3)Where rent for 3 years has been recovered prior to revision, no difference amount on account of revision in rent shall be recovered for the current financial year only and the revised rate shall be applicable from the next financial year. 

(4)Refund of advance rent may be allowed for the un-expired period in case the locker is surrendered before the expiry of the period of three years for which advance rent has been paid. The refund will be made in complete years i.e. fraction of a year remaining in the year of surrender shall be ignored. 

B Miscellaneous Service Charges   
1 Ledger Maintenance Charges.
1.1 Current/CC/OD Account

Account Maintenance Charges (erstwhile ledger folio charges) (on quarterly basis)
[Subject to free entries].

CA/CC/OD  - Rs. 2.00 per entry

Minimum       - Rs.52.00 

Maximum   - Rs.1039.00 per Quarter

Subject to free entries.

Average Credit Balance  (in a quarter) No. of entries allowed free
Up to Rs. 25,000/- NIL
Above Rs.25000/- upto Rs.50000/-  50
Above Rs. 50000/- upto Rs. 1 lac  75
Above Rs. 1 Lac - upto Rs.2 Lac  125
Above Rs. 2 Lac to less than Rs. 5 Lac  250
Rs.5 Lac and above All Free
Note: If no transaction is made during the quarter, a minimum of Rs. 52/- would be charged in Ledger Maintenance Charges
1.2 Charges for debit entries in S.B. A/cs. 
  Free debit entries permitted Number per half year   51
  Charges for additional debit entries [*] Per addl. Entry  Rs.10/-
 

Note:

[*] Existing standing instruction debit entries shall not be reckoned as an additional debit entry.

[*] All credit entries are free of charges.

[*] All debit & credit entries in government accounts are exempted from all the charges.

[*] No charge shall be levied if the  balance in the account maintained is above Rs 25000/-

 2 Incidental Charges for  Accounts not operated for 1 year  
  (a) Savings Bank Accounts 
Balance Rs.1000 or more Nil
Balance < Rs.1000/- > Rs.50 Rs.51/- per half year 
Balance <= Rs.50/- After giving notice entire balance to be appropriated & account should be closed
(b) Current  
Irrespective of Balance  Rs.156/- per half year

Note:

1. For activation of inoperative account no service charge shall be levied.

2. Incidental Charge shall not be levied once the account becomes inoperative after two years of non-operation of the account.

3. Incidental Charge shall not be levied in BSBDA accounts/ accounts opened under Pradhan Mantri Jan Dhan Yojna (PMJDY)

3 Charges for not maintaining Minimum Balance 
  (a)  SB with cheque facility

A) Minimum  balance requirement in SB accounts with Cheque Book facility

(i) Rural : Individual  & Other = Rs 250/-

(ii) Semi Urban : Individual = Rs 500/- &  Other= Rs 1000/-

(iii) Urban : Individual = Rs 1000/- &  Other = Rs 1500/-

(iv) Metro  : Individual = Rs 1000/- & Other = Rs 1500/-

B) Charges for not maintaining Minimum Balance (Per Occasion)

(i) If shortfall is upto Rs 100 = Penal charges will be 25.5 % of shortfall. Min. Rs.10/-

(ii) If shortfall is above Rs 100 but below Rs 500 = Penal charges will be 35.5% of shortfall.

(iii) If shortfall is above Rs 500 but upto Rs 1500 = Penal charges will be 40.5% of shortfall.

  (b) SB without cheque facility

A) Minimum  balance requirement in SB accounts without  Cheque Book facility

(i) Rural = Rs 100/-

(ii) Semi-Urban= Rs 250/-

(iii) Urban = Rs 500/-

(iv) Metro= Rs 500/-

B) Charges for not maintaining Minimum Balance (Per Occasion)

(i) If shortfall is upto Rs 100 = Penal charges will be 25.5% of shortfall.  Min. Rs.10/-

(ii) If shortfall is above Rs 100 and up to Rs 500 = Penal charges will be 35.5% of shortfall.

  (c) SB Pension/Sr. Citizen account with cheque facility

A) Minimum  balance requirement in SB Pension with  Cheque Book facility

i) Rural /Semi urban/urban = Rs 100/-

ii) Metro = Rs 250/-

B) Charges for not maintaining Minimum Balance (Per Occasion)

(i) If shortfall is upto Rs 100 = Penal charges will be 25.5% of shortfall, Min=Rs 10/-

(ii) If shortfall is above Rs 100 and upto  Rs 250 = Penal charges will be 35.5% of shortfall., Min = Rs 25/- 

  (d) SB Pension Sr. Citizen account without cheque facility

A) Minimum  balance requirement in SB Pension without  Cheque Book facility

Rural/Semi Urban/ Urban/Metro Branches = Rs 50/-

B) Charges for not maintaining Minimum Balance (Per Occasion)

(i) If shortfall is upto Rs 50 = Penal charges will be 25.5% of shortfall, Min=Rs 10/-

  (e)  Current  Per quarter  Rs.467/- 
 

Note:-

1. Charges for non-maintenance of minimum balance will be deducted on each occasion of short fall.

2. The above charges will be applied at the point of shortfall of balance due to customer induced transactions only.

3. Above charges will be applied after one month of shortfall of balance

4. SMS, e-mails, letter will be sent at the point of shortfall of balance to the customer.

5. It will be ensured that the balance in the saving bank account does not turn into negative.

6. BSBDA accounts / accounts opened under Pradhan Mantri Jan Dhan Yojna -- No charges for non-maintenance of minimum balance are to be levied as these accounts shall not have the requirement of any minimum balance.

7. No Charges for non-maintenance of minimum balance are to be levied in inoperative accounts.

4 a)   Charges for closure of a/c within 14 days (SB/CA/CC) Nil
  b)   Charge for closure of a/c after 14 days but before 12 months  
            Savings Bank Rs.104.00 for Rural Branches  & other Branches - Rs.208/-                                                                 
            Current /CC For firms & Companies - Rs.518.00 & For others - Rs.260.00
 

Note:

1) No Charges shall be levied in case of transfer of amount lying in the a/c of deceased depositor to our other branch.

2) No charges should be levied in Basic & Small accounts opened under BSBDA.

5 Charges for issuance of cheque book :Note:-  20 Cheque leaves allowed free in SB a/cs in a half year in all branches.
Savings Bank / Current / Cash Credit/ OD Accounts:
MICR/Non-MICR , CTS-2010 standard cheque & multicity cheques Rs. 3 per leaf. 
6 Charges for issuing daily/weekly statement of accounts 
  Daily statement

Rs.1039/- per year.

For repeat request, Rs.2/- per entry. Min. Rs.104/- per request

Weekly statement

Rs. 467/- per year

For repeat request, Rs.2/- per entry.

Min. Rs.104/- per request

Monthly Statement Once Free, thereafter, Rs.2/- per entry. Min. Rs.104/- per request
7 Charges for issuing duplicate pass book with latest entry
7.1 Individuals

For Rural Branches: Rs 52/- per occasion.

For Other Branches: Rs 77/- per occasion.

7.2 Other than individuals Rs. 104 per occasion
 7.3 Charges for issuing duplicate pass book with Previous entries 
  Individuals

40 entries (per folio) or part - Rs 51/- per folio.

Note: these  charges  are  in addition to charges mentioned for issue of duplicate passbook as mentioned above

Other than individuals

40 entries (per folio) or part - Rs 76/- per folio.

Note: these charges are in addition to charges mentioned for issue of duplicate passbook as mentioned above

8  Charges for issuance of duplicate interest certificate/balance certificate 
    Rs.172/- per occasion
9 Charges for attestation of customer's signature on documents (per occasion ) 
  Individuals Rs 172/- per instance
Other than individuals Rs172/- per instance
10 Charges for addition/ deletion of names/change in operational instructions/ recording of power of attorney in accounts of individuals (other than deceased A/c) 
  1. Addition/ deletion of names/change in operational instructions (other than deceased A/c)  Rs.104/-  per occasion
2. Allowing operations through Power of Attorney/ Mandate  Rs. 104/- per occasion
11 Charges for change in constitution/ operational instruction/ authorised signatory/ recording power of attorney in accounts other than individuals 
    Rs.260/-  per occasion
12 Charges for stop payment of cheque (per instrument) 
12.1  Savings Bank   
  For Rural Branch Rs.52/-  per cheque     Max.Rs.311/- per lot
Other than Rural branches Rs.77/-  per  cheque    Max.Rs.518/- per lot
12.2  Current Account   
  For Rural Branch Rs.82/- per cheque      Max Rs.364/- per lot
Other than rural branches Rs.104/- per cheque    Max.Rs.518/- per lot
13 Charges for ATM Card 
13.1 Issuance of New ATM Card/ /PIN/Add on  Free
13.2 Annual Maintenance Charge

(a)    Rs. 100 + service taxes per annum to be levied in advance on cards that have been used once or more since inception.

Note : Not applicable to Staff / Ex.Staff

(b)   Rs. 50  + service taxes per annum to be levied in advance on cards that have been used once or more since inception.

Note: Not applicable to Staff/Ex. Staff

13.3 Duplicate card/ Duplicate pin

Rs 57/- (50+7) per occasions per card/PIN.

Note: Not applicable for Staff/Ex staff.

 13.4 ATM Transaction charges   - Saving Bank account

(Average Monthly Balance)   
- Charges based on no. of Transactions

Monthly Limit on Number of free ATM Transactions
(Both financial & Non-Financial )

ATMs of other Banks

UCO

 *Metro Centres

Other Centres

Any Centre#

Up to Rs.25000

3

5

5

>25000 upto Rs.100000

3

5

Unlimited

>100000

Unlimited

Unlimited

Unlimited

Charges for financial Transactions beyond the set limit (Rs. Per Trxn.)

Rs.20/-

Rs.20/-

Rs.5/-

Charges for non -financial Transactions beyond the set limit (Rs. Per Trxn.)

Rs.8/-

Rs.8/-

Rs.5/-

* Metro: Mumbai, New Delhi, Chennai, Kolkata, Bangalore & Hyderabad

# These charges will not be applicable to Small/No Frill/ BSBDA account holders.

13.5 ATM Transaction charges    - Current account
    Other Bank's ATM   Own Bank ATMs 

Monthly Limit on Number of Free ATM Transactions

(Both Financial & Non-Financial Transactions)

0 5
Charges for financial Transactions beyond the set limit (Rs. Per trxn) Rs.20/- Rs.20/-
Charges for non-financial trxns beyond the set limit (Rs. Per  trxn) Rs.8/- Rs.8/- 
13.6 Charges for not maintaining minimum balance for personalised UCO VISA debit card
 

(1) UCO VISA GOLD DEBIT CARD: 

 a)   Charge for not maintaining minimum average quarterly balance( Rs50,000/- or above) in the  account : Rs. 50/-                                                               

 b)   Charge for not maintaining minimum average quarterly balance in the account for STAFF : NIL                                                                       

(2) UCO VISA PLATINUM DEBIT CARD:            

 a)   Charge for not maintaining minimum average quarterly balance (1Lac or above)in the account : Rs.100/- 

 b)   Charge for not maintaining minimum average quarterly balance in the account for STAFF : 50/-                                                                        

(3) UCO VISA SIGNATURE DEBIT CARD:  

a)   Charge for not maintaining minimum average quarterly balance(2Lac or above) in the account : Rs.201/-                        

b)   Charge for not maintaining minimum average quarterly balance in the account for STAFF : 151/-

13.7 Point of Sales (POS) transactions at Petrol Pumps and Railway Reservation Counters as per Shared Network Regulations  Service Charges @2.5% of transaction value + service tax. (3.00% amount claimed by Visa which is required to be passed to Visa. The service tax claimed by Visa will be recovered from customers)
13.8 Transaction Abroad 
   a) Cash withdrawal through VISA Networked ATMs Rs.104/- + 2% of the currency conversion charges per transaction 
   b) Balance Enquiry through VISA Networked  ATMs Rs.25.00
14 Charges for late payment of Recurring Deposit instalments 
  RD of all tenure  Rs.2/- per Rs.100/- p.m.
15 Charge for standing instructions (per transaction) 
  Registration
Same branch and in same name Per transaction - Nil
Same branch but credit to be given to a  different name

Individual:  Rs. 25/- per transaction.

Others     Rs. 52/- per transaction.

Involving other branch

Individual:  Rs 25/- per transaction 

Others:    Rs 52/- per transaction 

Charges for insufficiency of funds to carry out standing instructions Rs.52/- per occasion
16 Charges for issuance of Solvency Certificate (per certificate) Rs. 260/- per lac         Min. Rs. 778/-    Max. Rs.15771/-
17  Cash Handling charges  
  Per day per account

Upto 10 packets= Free                                        

Above 10 Packet 

Notes upto Rs 100 denominations @ Rs10 per packet.  Max Rs 10381/-                                                                    

Notes above   Rs 100 denominations @Rs 8 per packet Max. Rs 10381/-    

18  Postal charges (per packet) Actual 
19 Enquiry relating to old records (more than 12 months old) Upto 1 year old record Rs. 101/- per reference. Beyond 1 year Rs. 310/- per year per reference + out of pocket expense.
20 Photo attestation charges  Rs. 101/- per certificate 
21 Issue of Duplicate Deposit receipt. Rs. 52/- per request per instrument
22 Record copy of the cheque Rs.52/- per instance
  Note: In case of tierised deposit products (SB / CA), BSBDA a/c and other products etc. benefits/concession as per the relevant scheme shall apply. 
23 SMS Charges

1. All Domestic SMS Alerts charges per SMS= 12 paise (inclusive of Service Tax)

2. International SMS Alerts = Rs 1.70 (Inclusive of Service Tax) per SMS.

24 Inter Bank Mobile Payment(IMPS) charge 

1.  Maximum Transaction fee payable by remitter Customer  = Nil

2  Charge to Beneficiary Customer by Beneficiary Bank/PPI = NIL, for individual beneficiary customer.

25 Seeding of Aadhaar  :-  No Charges
C General Terms  
  (Concessions/Exemptions in service charges in respect of collections, remittances and deposits)
1 Collection of instruments favouring Welfare Service, Charitable & Religious institution may be allowed at par provided that these institutions are exempted from payment of Income Tax and also bank with us. However, actual postage/transmission charges and out of pocket expenses must be recovered while collecting instruments for the above customers.
2 Collection of Subsidy cheques issued by the Central and State Government under any programme whenever applicable is to be collected at par.
3 Geological Survey of India, Under Ministry of Mines & Supreme Court of India under Ministry of Law & justice, Govt. of India, are accredited to our Bank i.e. our Bank is official Banker of these two Govt. Departments. Therefore, no service charges are to be realized on the transactions of these two departments. However actual postage charges/out of pocket expenses are to be recovered from them.
4 Collection of cheques at par and free remittance facilities by way of DD  may be allowed to blind and physically handicapped and also to institutions set up for their welfare /benefit, provided they bank with us. However postage and other out of pocket expenses should be recovered.
5 Cheques/Drafts favouring Prime Minister's Relief Fund/Chief Minister's Relief Fund are to be collected at par. However actual expenses like postage etc. should be recovered.
6

No Service charges in respect of the following service are to be recovered from Defence personnel in active service, ex-service men and from the widows of Defence Personnel, drawing pension and having account with our bank.  

i)  Collection of cheque.  

ii) Remittance by DD to schools and colleges and to family members who are dependent.

iii) Any remittance other than above, only upto Rs. 10,000/- 

iv) Custody of bills. 

v) In house standing instructions.

vi) Next kin/dependents may be allowed to collect death/terminal benefits of the deceased servicemen free of charge.

7 A senior citizen maintaining average balance of Rs. 10,000/- in his/her SB a/c with any of our branch may remit at par funds to the debit of his/her SB a/c ; to credit to his account at  any of our branches  in India.
8 All remittance from any of our branch on our Vidya Vihar Pilani Branch will be at par if it is in favour of a student studying at BITS Pilani who maintains his/her account with our Vidya Vihar Pilani Branch.
9

Concessions to Regional Rural Banks (RRB) sponsored by our Bank, provided their Deposits are duly maintained with our Bank:       

i) Collection of charges in the following cases will be shared at 50 : 50 between our Bank and RRBs:- 

a) Collection charges on instruments tendered by us to RRBs for collection.                                                                        

b)  Collection charges on instruments tendered by RRBs to us for collection.              

ii) Issuance of Demand Draft on account of customers of our sponsored RRB's at 50:50 commission sharing basis.

iii) Free Remittance facility may be allowed on remittance of funds by our sponsored RRBs from their own account to another. However actual postage and out of pocket expenses should always be recovered from RRBs. Above concession will be allowed only when funds are remitted/transferred between their H.O/Branch A/cs and our Branch.                                                                                                                                                             

iv) No ledger folio charges are to be levied in A/cs maintained by our sponsored RRBs with our Bank's branches.

10

Free collection facility at Rural Branch:

For ex-serviceman/senior citizen pensioners, free collection of outstation pension cheques will be allowed. 

11

Concessions for Staff Members (existing & retired ):

a) No Service Charges should be levied on transaction conducted by our staff members.                                                     

b) No service charges should be levied on transactions conducted by ex-staff member if he is not employed gainfully.

c) Small type locker at concessional rate

d) Minimum balance maintenance criteria not applicable. 

Note: All out of pocket expenses to be recovered.

12 Conversion of single pension account into joint pension account with the spouse permitted under Government order.
13 10 % Rebate on Service Charge for purchase of DD by Students.
14

Clarification on ATM Transactions:

1. Transactions at Own Bank ATMs and other Bank ATMs will be treated separately.  Customers will get Free transactions separately for the limit given under Own Bank ATMs and Other Bank ATMs.

2. Maximum no. of Free transactions at Other Banks’ ATMs is 5 for customers maintaining average monthly SB balance upto Rs 1 lac.

Customers will be charged for transactions at other Bank ATMs average monthly SB balance upto Rs 1 lac if:

(i)         He/she crosses the limit of Free transaction in 6 Metro centres.(i.e. 3 Transactions)

(ii)       He/she crosses the limit of Free transaction in Other centres.(i.e. 5 Transactions)

(iii)      He/she crosses the overall limit of Free transaction i.e. 5 at other bank ATM (i.e. transactions in 6 Metro centers + transactions in other centres).

  Example:

Transaction in 6 metro cetres

Transactions at other centres

Total no. of transaction

Charge

Reason

3

1

4

No charge

-

3

4

7

Charge for 2 transaction

As the customer has crossed the limit of 5 transactions at other centres.

0

5

5

No charge

-

1

4

5

No charge

 

2

3

5

No charge

-

3

3

6

Charge for 1 transaction

As the customer has crossed the limit of 5 transactions at other Bank ATM

4

1

5

Charge for 1 transaction

As customer has crossed the limit of 3 transactions at Other bank ATM in 6 metro centres.

PART -II
SERVICE CHARGES ON ADVANCES  (PS & NPS)
I. PRIORITY SECTOR ADVANCES EXCEPT  EDUCATION LOANS
A. PROCESSING CHARGES (for Advances other than Term Loan & DPG)*

Amount of Advance Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
Up to Rs.25, 000/- Nil Nil Nil Nil
Above Rs.25, 000/-  Rs. 350.00 per lac Rs. 350.00 per lac   Rs. 357.00 per lac
  Min. Rs. 350.00 Min. Rs. 350.00   Min. Rs. 357.00

* This table is also applicable for sanction of Short Term Loans  upto 12 months.
B.RENEWAL CHARGES (for Advances other than Term Loan & DPG)

Amount of Advance Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
Up to Rs.25,000/- Nil Nil Nil Nil
Above Rs.25,000/- Rs.350.00 per lac Rs.350.00 per lac   Rs.357.00 per lac
  Min. Rs.350.00 Min. Rs.350.00   Min. Rs.357.00

C.PROCESSING CHARGES FOR TERM LOANS  & DPG

I. Fresh Term Loan/DPG sanctioned excluding loans sanctioned under Retail Segment Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
Up to Rs.25,000/- Nil Nil   Nil
Above Rs.25,000/- 1.1236% of the Sanctioned limit 1.1236% of the Sanctioned limit   1.1446% of the Sanctioned limit
  Min Rs. 600.00 Min Rs. 600.00   Min Rs. 611.00
II.Review of Term Loan (On run down Balance)        
Up to Rs.25,000/- NIL NIL   NIL
Above Rs.25,000/- Rs. 120.00 per lac, Min. Rs.250.00, Rs. 120.00 per lac, Min. Rs.250.00,   Rs. 122.00 per lac, Min. Rs.255.00,
  Max. Rs.55000.00 except Retail Credit Max. Rs.55000.00 except Retail Credit   Max. Rs.56028.00 except Retail Credit

D. AD-HOC SANCTION CHARGES:

Amount of Ad-hoc Sanction Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
Upto Rs. 25,000/-  NIL NIL   NIL
Above Rs.25,000/-  Normal processing charges for the period of sanction on pro-rata basis (min. Charge for 3 months) Normal processing charges for the period of sanction on pro-rata basis (min. Charge for 3 months)   Normal processing charges for the period of sanction on pro-rata basis (min. Charge for 3 months)

E. DOCUMENTATION CHARGES:

Amount of Advance Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
Up to Rs.25,000/- Nil Nil   Nil
Above Rs.25,000/- Rs. 200 .00 Rs. 200 .00   Rs. 204 .00
Up to Rs.2 lacs        
Above Rs.2 lacs upto Rs.5 lacs Rs.1300.00 Rs.1300.00   Rs.1324.00
Above Rs.5 lacs upto Rs.25 lacs Rs.2000.00 Rs.2000.00   Rs.2037.00
Above Rs.25 lacs upto Rs.50 lacs Rs.4000.00 Rs.4000.00   Rs.4075.00
Above Rs.50 lacs upto Rs.5 crores Rs.5600.00 Rs.5600.00   Rs.5705.00
Above Rs 5 crores Rs.14000.00 Rs.14000.00   Rs.14262.00

II. NON-PRIORITY SECTOR ADVANCES :
A. PRE-PROCESSING CHARGES :

Particulars Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
In case of new accounts with exposure of Rs.10 lacs and above Preprocessing charges equal to 10% of total applicable processing charges would be recovered upfront after clearance of the advance proposal by the New Business Committee (NBC) i.e. before taking up the proposal for detailed processing.  The remaining 90% of the processing charges are to be recovered in full before the disbursement begins.  The pre-processing charges would be non-refundable. Preprocessing charges equal to 10% of total applicable processing charges would be recovered upfront after clearance of the advance proposal by the New Business Committee (NBC) i.e. before taking up the proposal for detailed processing.  The remaining 90% of the processing charges are to be recovered in full before the disbursement begins.  The pre-processing charges would be non-refundable. Preprocessing charges equal to 10% of total applicable processing charges would be recovered upfront after clearance of the advance proposal by the New Business Committee (NBC) i.e. before taking up the proposal for detailed processing.  The remaining 90% of the processing charges are to be recovered in full before the disbursement begins.  The pre-processing charges would be non-refundable. Preprocessing charges equal to 10% of total applicable processing charges would be recovered upfront after clearance of the advance proposal by the New Business Committee (NBC) i.e. before taking up the proposal for detailed processing.  The remaining 90% of the processing charges are to be recovered in full before the disbursement begins.  The pre-processing charges would be non-refundable.

B. PROCESSING CHARGES:
a) Other than Term loan & DPG*

Amount of Advance Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
Up to Rs.25,000/- Nil Nil   Nil
Above Rs.25,000/-    Rs.400.00 per lac or part thereof Rs.400.00 per lac or part thereof   Rs.407.00 per lac or part thereof
          Min Rs.700.00  Min Rs.700.00    Min Rs.713.00

* This table is also applicable for sanction of Short Term Loans  upto 12 months.
b) Term loan & DPG

I. Fresh Term Loan/DPG sanctioned excluding loans sanctioned under Retail Segment Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
Up to Rs.25, 000/- Nil Nil   Nil
Above Rs.25,000/- 1.35% of the sanctioned limit for first year plus annual renewal charge or 25% one time charge for 10 years. 1.35% of the sanctioned limit for first year plus annual renewal charge or 25% one time charge for 10 years.   1.38% of the sanctioned limit for first year plus annual renewal charge or 25% one time charge for 10 years.
II. Review of Term Loan        
Up to Rs.25,000/- NIL NIL   NIL
Above Rs.25,000/- Rs. 125.00 per lac, Rs. 125.00 per lac,   Rs. 127.00 per lac,
   Min. Rs.250.00,  Min. Rs.250.00,    Min. Rs.255.00,
  Max. Rs.56000.00 Max. Rs.56000.00   Max. Rs.57047.00
  (Except Retail Credit) (Except Retail Credit)   (Except Retail Credit)

C. RENEWAL CHARGES for advances other than Term loan & DPG

Amount of Advance Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
Up to Rs.25,000/- Nil Nil   Nil
Above Rs.25,000/- At the same rate as processing charges At the same rate as processing charges   At the same rate as processing charges

D.ADHOC SANCTION CHARGES:

Amount of Ad-hoc Sanction Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
Up to Rs.2 lac Rs.600.00 Rs.600.00   Rs.611.00
Above Rs.2 lacs Normal processing charge for the period of sanction on pro-rata basis till adjustment (Min.charges for 3 months) Normal processing charge for the period of sanction on pro-rata basis till adjustment (Min.charges for 3 months)   Normal processing charge for the period of sanction on pro-rata basis till adjustment (Min.charges for 3 months)

E. Documentation charges :

Amount of Advance Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
Up to Rs.25,000/- Nil Nil   Nil
Above Rs.25,000/- Rs.250.00 Rs.250.00   Rs.255.00
Up to Rs.2 lacs        
Above Rs.2 lacs upto Rs.5 lacs Rs.1300.00 Rs.1300.00   Rs.1324.00
Above Rs.5 lacs upto Rs.25 lacs Rs.2000.00 Rs.2000.00   Rs.2037.00
Above Rs.25 lacs upto Rs.50 lacs Rs.4000.00 Rs.4000.00   Rs.4075.00
Above Rs.50 lacs upto Rs.5 crores Rs.5600.00 Rs.5600.00   Rs.5705.00
Above Rs. 5 crores Rs.14000.00 Rs.14000.00   Rs.14262.00
    In case of loan against deposit , UCO Securities Loan and staff loan no documentation charge are to be realised.    

F.OTHER SERVICE CHARGES
a.Applicable for customers falling under FC & MC Categories

Particulars Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike Post Tax Hike
1.  Issuance of NOC (per NOC) Rs.55,000.00 Rs.55,000.00   Rs.55,000.00
2. Modification of terms and conditions of sanction Rs.55,000/=  per modification. Rs.55,000/=  per modification.   Rs.56028/=  per modification.
  Min. Rs. 1.00 lac Min. Rs. 1.00 lac   Min. Rs. 101870.
3. Revalidation of sanction 50% of regular processing charges. Maximum of Rs.11 lacs. 50% of regular processing charges. Maximum of Rs.11 lacs.   51% of regular processing charges. Maximum of Rs.1120570 .
         
4. Penal charges for deferred drawal in case of term loans. 0.10% per month on the drawings not made on the scheduled date for the delayed drawing period. 0.10% per month on the drawings not made on the scheduled date for the delayed drawing period.   0.10% per month on the drawings not made on the scheduled date for the delayed drawing period.
5.Mortgage charges        
a.  in case of  sole banking accounts Rs.25000.00 Rs.25000.00   Rs.25467.00
b.  in case of consortium / multiple banking accounts Rs.25,000.00 Rs.25,000.00   Rs.25,467.00
6. Parting of process note for filing with SEBI for IPO or any similar purpose Rs.600000.00 Rs.600000.00   Rs.611220.00
         
7. Loan Syndication 1.15% of the debt syndicated upto Rs.25 crore. 1.15% of the debt syndicated upto Rs.25 crore.   1.17% of the debt syndicated upto Rs.25 crore.
  0.6% of the debt syndicated for above Rs.25 crore (Min. Rs.25 crores). 0.6% of the debt syndicated for above Rs.25 crore (Min. Rs.28 lacs).   0.6% of the debt syndicated for above Rs.25 crore (Min. Rs.28 lacs).

b. Applicable for customers falling under SE Category

1.  Issuance of NOC (per NOC) Rs.600.00 Rs.611.00
2. Modification of terms and conditions of sanction Rs.600.00  per modification. Rs.611.00  per modification.
3. Revalidation of sanction Applicable regular processing charges, subject to ceiling of Rs.5.00 lacs. Applicable regular processing charges, subject to ceiling of Rs.509350 .

G.MISCELLANEOUS CHARGES :

Particulars Effective from 1st May,2009 Effective from 1st May 2011
Will effective from 1st April 2012
Pre Tax Hike Post Tax Hike
a. Processing Charges for advances against NSC, KVP etc and Gold Loans:- Flat Rs.245.00 + Appraiser’s Fee ( for Gold Loan) Flat Rs.250.00 + Appraiser’s Fee ( for Gold Loan) Flat Rs.255.00 + Appraiser’s Fee ( for Gold Loan)
b. Supervision Charges (Applicable to PS & NPS limits of Rs. 1 crore  & above) Rs.2950.00 half year Rs.2950.00 half year Rs.3005.00 half year
C.Inspection Charges (Priority & Non-Priority Sector Advances)      
Amount of Advance Effective from 1st May,2009     
   
Above Rs.25,000/- upto 2 lacs - Rs.145.00 per inspection Rs.145.00 per inspection Rs.148.00 per inspection
Above Rs.2 lacs up to Rs.10 lacs - Rs.290.00 per inspection Rs.290.00 per inspection Rs.295.00 per inspection
Above Rs.10 lacs up to Rs.25 lacs Rs.590.00 per inspection Rs.590.00 per inspection Rs.601.00 per inspection
Above Rs.25 lacs up to Rs.50 lacs Rs.980.00 per inspection.+Conveyance Charge + Out of pocket exp Rs.980.00 per inspection.+Conveyance Charge + Out of pocket exp Rs.998.00 per inspection.+Conveyance Charge + Out of pocket exp
.      
Above Rs.50 lacs up to 1 crore Rs.2950.00 per insp.+Con.Char.+Out of pocket exp. Rs.2950.00 per insp.+Con.Char.+Out of pocket exp. Rs.300500 per insp.+Con.Char.+Out of pocket exp.
       
Above 1 crore Rs.4900.00 per insp.+Con.Char.+Out of pocket exp. Rs.4900.00 per insp.+Con.Char.+Out of pocket exp. Rs.4992.00 per insp.+Con.Char.+Out of pocket exp.
d) Lead Bank Charges for Consortium Advances: (Priority Sector & Non Priority Sector) : 0.140% of the total fund based working capital limits sanctioned by the consortium ( i.e. Assessed working capital Fund Based limit). Renewal Charges at the same rate to be recovered every year. 0.140% of the total fund based working capital limits sanctioned by the consortium ( i.e. Assessed working capital Fund Based limit). Renewal Charges at the same rate to be recovered every year. 0.143% of the total fund based working capital limits sanctioned by the consortium ( i.e. Assessed working capital Fund Based limit). Renewal Charges at the same rate to be recovered every year.
       
e)Issuance of no dues certificate (Priority Sector & Non Priority Sector)      
Particulars Effective from Effective from 1st May 2011
Will effective from 1st April 2012
  1st May,2009  Pre Tax Hike Post Tax Hike
i) No dues certificate(NDC) for small loans upto Rs.50,000/- to small and marginal farmers, share cropper and the like NIL NIL NIL
  (Not required) (Not required) (Not required)
ii) No dues certificate(NDC) for others Rs.45.00 per certificate Rs.45.00 per certificate Rs.45.00 per certificate

 

    Effective from 1st May 2011
  Will effective from 1st April 2012
f). Charges for issuance of  No dues certificate to clients whose NPA accounts are settled by entering into compromise ( Applicable in all cases where sanctioned loan/limit/disbursed amount is above Rs.5 lacs)-   Pre Tax Hike   Post Tax Hike
i) NPA accounts where terms of compromise are strictly adhered to Rs.1000.00 per certificate Rs.1000.00 per certificate   Rs.1019.00 per certificate
ii) NPA accounts where repayment is not received as per original schedule/failed compromise is revived: Rs.2000.00 per certificate Rs.2000.00 per certificate   Rs.2037.00 per certificate
Particulars Effective from      
  1st May,2009      
g) Processing Charges / Roll over charges for FCNR (B) loan Rs 50000.00 per occasion Rs 50000.00 per occasion   Rs 50935.00 per occasion
h) For ear-marking credit limits sanctioned by us and to be availed by the borrowers from other bank The service charge of 1.20% per annum will be levied on quarterly basis i.e. 0.30% per quarter: The service charge of 1.20% per annum will be levied on quarterly basis i.e. 0.30% per quarter:   The service charge of 1.22% per annum will be levied on quarterly basis i.e. 0.30% per quarter:
    i) Pre-payment and commitment charges ; Sanctioning Authorities shall stipulate prepayment/commitment charges in sanction terms.    
i. Prepayment charges No prepayment charges in the following : No prepayment charges in the following
charges
  No prepayment charges in the following
charges
  a)Agricultural  loans upto Rs.10 lacs a)Agricultural  loans upto Rs.10 lacs   a)Agricultural  loans upto Rs.10 lacs
  b)Other Priority Sector loans upto Rs.5 lacs b)Other Priority Sector loans upto Rs.5 lacs   b)Other Priority Sector loans upto Rs.5 lacs
  c)Other Term Loan Accounts  with limit upto Rs.2 lacs. c)Other Term Loan Accounts  with limit upto Rs.2 lacs.   c)Other Term Loan Accounts  with limit upto Rs.2 lacs.
         
  For other term loans  as per Annexure-1 enclosed. (Being governed by Loan Policy Document and changes/ amendments as advised by Risk Management Dept.)  For other term loans  as per Annexure-1 enclosed. (Being governed by Loan Policy Document and changes/ amendments as advised by Risk Management Dept.)    For other term loans  as per Annexure-1 enclosed. (Being governed by Loan Policy Document and changes/ amendments as advised by Risk Management Dept.) 
ii. Commitment Charges :        
    Where average availment of fund based credit during a month is less than 70% of the limit sanctioned,  commitment charges @1/12th percent on the unutilised limit shall be levied for that month. Service  tax at applicable rate shall be added by branches to the commitment charges. (Being governed by Loan Policy Document and changes/ amendments as advised by Risk Management Dept.) 
    Note : Assessment of average availment during a month shall be based on the % of actual interest for the month with respect to the interest calculated on the full limit for the month.

j) Processing Charges on Bank’s Own Loan Schemes:

Schemes Effective from Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
    Pre Tax Hike Post Tax Hike Post Tax Hike
1. UCO Rent        
Fresh Sanctions 1% of the sanctioned loan amount. 1% of the sanctioned loan amount. 1% of the sanctioned loan amount.
Review  on run down Balance Rs. 225.00 per lac, Min. Rs.250.00, Max. Rs.56000.00 Rs. 225.00 per lac, Min. Rs.250.00, Max. Rs.56000.00 Rs. 229.00 per lac, Min. Rs.255.00, Max. Rs.57047.00
2. UCO Real Estate        
Fresh Sanctions 0.8% on the amount of loan applied for along with the application. 1.20% processing fee of the  sanctioned  loan amount.   0.8% on the amount of loan applied for along with the application. 1.20% processing fee of the  sanctioned  loan amount.  
Review of TL  on run down Balance Rs. 125.00 per lac, Min. Rs.250.00, Max. Rs.56000.00 0.8% on the amount of loan applied for along with the application. 1.20% processing fee of the  sanctioned  loan amount. 0.8% on the amount of loan applied for along with the application. 1.20% processing fee of the  sanctioned  loan amount.
Renewal of CC/WC Rs.395.00 per lac or part thereof Rs. 125.00 per lac, Min. Rs.250.00, Max. Rs.56000.00 Rs. 127.00 per lac, Min. Rs.255.00, Max. Rs.57047.00
    Rs.395.00 per lac or part thereof Rs.402.00 per lac or part thereof
3.UCO Shilpa Udyog        
Fresh Sanctions 0.50% of FB Limit 0.50% of FB Limit 0.50% of FB Limit
  0.25% of  NFB Limit 0.25% of  NFB Limit 0.25% of  NFB Limit
Review/ Renewal Charges Rs.345.00 per lac or part thereof Rs.345.00 per lac or part thereof Min. Rs.350.00 Rs.351.00 per lac or part thereof Min. Rs.357.00

# Review/Renewal Charges (UCO Trader) : At the same rate as processing charges.

PART-III      
   GUARANTEE & LETTER OF CREDIT      
Service Charges in Rs. (Incl. of all taxes)      
A) Charges for Guarantee      
1.Commission on issuance of Guarantee (Period including claim period)      
Particulars Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
  Pre Tax Hike Post Tax Hike Post Tax Hike
(i) Performance Guarantee Rs.170 + 2.20% p.a. (Min. 170 +1.10% charges for 2 quarters) Rs.170 + 2.20% p.a. (Min. 170 +1.10% charges for 2 quarters) Rs.173 + 2.24% p.a. (Min. 173 +1.12% charges for 2 quarters)
(ii) Other Guarantees (Including issuance of letter of comfort for buyer’s credit Rs.170 + 3.30% p.a. (Min. 170 + 1.65% charges for 2 quarters) Rs.170 + 3.30% p.a. (Min. 170 + 1.65% charges for 2 quarters) Rs.173 + 3.36% p.a. (Min. 173 + 1.68% charges for 2 quarters)
  Note : Note : Note :
  a)  Charges are to be recovered upfront for the full period including the claim period unless otherwise sanctioned by the competent authority. a)  Charges are to be recovered upfront for the full period including the claim period unless otherwise sanctioned by the competent authority. a)  Charges are to be recovered upfront for the full period including the claim period unless otherwise sanctioned by the competent authority.
  b)  Guarantee for the period beyond six months would attract commission, reckoning the part period of guarantee beyond 6 months in terms of completed quarters.  (For a performance guarantee issued for 16 months, guarantee commission for 1 year should be levied @ Rs.170 +2.20 p.a. and for the remaining 4 months commission should be levied @ 0.55% per quarter for 2 quarters by reckoning 4 months as two quarters.) b)  Guarantee for the period beyond six months would attract commission, reckoning the part period of guarantee beyond 6 months in terms of completed quarters.  (For a performance guarantee issued for 16 months, guarantee commission for 1 year should be levied @ Rs.170 +2.20 p.a. and for the remaining 4 months commission should be levied @ 0.55% per quarter for 2 quarters by reckoning 4 months as two quarters.) b)  Guarantee for the period beyond six months would attract commission, reckoning the part period of guarantee beyond 6 months in terms of completed quarters.  (For a performance guarantee issued for 16 months, guarantee commission for 1 year should be levied @ Rs.170 +2.20 p.a. and for the remaining 4 months commission should be levied @ 0.55% per quarter for 2 quarters by reckoning 4 months as two quarters.)
  c)  Additional commission at applicable rate will be levied on the extended period of guarantee due to restraint imposed by court order. c)  Additional commission at applicable rate will be levied on the extended period of guarantee due to restraint imposed by court order. c)  Additional commission at applicable rate will be levied on the extended period of guarantee due to restraint imposed by court order.
2. Refund of guarantee commission     No refund if the purpose for which the guarantee was issued is served and the original guarantee is returned for cancellation before the expiry date.  If the purpose for which guarantee was issued is not served, 50% of original rate for the unexpired period less 1 quarter will be refunded.  (Guarantee with an unexpired period of 10 months is tendered for cancellation, refund will be calculated for 7 months @ 50% of original commission.)
3. Renewal / Extension of Guarantee     Same charges as applicable for issuance of fresh guarantee.  However, for the claim period, no charge to be levied if the renewal is effected before the expiry date of the original guarantee.
4. Guarantees secured by 100% term deposit including third party deposits of our Bank     Rs.173 + 25% of normal commission.if the BG is secured by 100% CASA deposit,full commision shall be waived.
       
       
B) Charges for Inland Letter of Credit      
Particulars      
1. LC Opening Charges Following charges with a min. of Rs.750/-  should be levied   Following charges with a min. of Rs.764/-  should be levied
  a)  Usance Charge : 2.20% p.a. for the usance period (complete month or part thereof).  In case of sight bills / usance for less than 1 month, minimum one month charges And   a)  Usance Charge : 2.24% p.a. for the usance period (complete month or part thereof).  In case of sight bills / usance for less than 1 month, minimum one month charges And
  b) Commitment Charge : For the period of liability (from the date of opening of credit to the last date of its validity) @ 1.10% p.a. with a minimum period of 1 month or part thereof.   b) Commitment Charge : For the period of liability (from the date of opening of credit to the last date of its validity) @ 1.12% p.a. with a minimum period of 1 month or part thereof.
2. Extension of validity period An extension may be allowed free of commitment charge, if such extension does not run to next month, otherwise a fresh charge of 1.10% p.a. for a minimum period of 1 month with a min. of Rs.750/-.   An extension may be allowed free of commitment charge, if such extension does not run to next month, otherwise a fresh charge of 1.12% p.a. for a minimum period of 1 month with a min. of Rs.764/-.
3. Increase in amount of credit Both usance and commitment charge on additional amount at applicable rate with a minimum charge of Rs.750/-.   Both usance and commitment charge on additional amount at applicable rate with a minimum charge of Rs.764/-.
4. Other amendments (other than by way of extension of validity period or increase in the value of LC) Flat commission of Rs.750/-   Flat commission of Rs.764/-
5. Revolving LC Same as per LC opening charges (usance + Commitment) + on each reinstatement usance charges 2.20% p.a. according to tenor and commitment charge of 1.10% p.a. on reinstated amount.   Same as per LC opening charges (usance + Commitment) + on each reinstatement usance charges 2.20% p.a. according to tenor and commitment charge of 1.10% p.a. on reinstated amount.
  Min. 750/-.   Min. 750/-.
6.Advising of LCs opened by correspondent Banks Rs.735/-   Rs.749/-
7. Advising of amendments Rs.490/- per amendment   Rs.499/- per amendment
8. Confirmation of LC As applicable to LC opening charges.   As applicable to LC opening charges.
9. Transfer Charge Rs.735/- per transfer.   Rs.749/- per transfer.
10. Acceptance Commission On all LCs established by other banks calling for usance drafts to be drawn on and accepted by our Bank, an acceptance commission @ 2.20% p.a. with a min. of Rs.750 shall be charged.   On all LCs established by other banks calling for usance drafts to be drawn on and accepted by our Bank, an acceptance commission @ 2.20% p.a. with a min. of Rs.750 shall be charged.
       
11.Bills received under LC 0.22% flat.   0.22% flat.
12. Negotiation charges (in addition to interest from d/o negotiation to d/o reimbursement) For bills upto Rs.2.50 lacs – 0.44% with a min. Rs.750/-   For bills upto Rs.2.50 lacs – 0.45% with a min. Rs.764/-
  For bills over Rs.2.50 lacs – 0.28% with a min. Rs.1500/- plus discount at applicable rate of interest from the date of negotiation to the date of reimbursement.   For bills over Rs.2.50 lacs – 0.29% with a min. Rs.1528/- plus discount at applicable rate of interest from the date of negotiation to the date of reimbursement.
  1.Negotiation charges and interest thereon are to be collected for the LCs established by other banks.  In such case, collection charges should not be levied.   1.Negotiation charges and interest thereon are to be collected for the LCs established by other banks.  In such case, collection charges should not be levied.
  2.In case of LCs established by our Bank branches only collection charges are to be collected and interest as per rating should be collected for the usance period.  In case of sight documents interest for a maximum period of 15 days should be collected subject to a minimum of Rs.750/-.   2.In case of LCs established by our Bank branches only collection charges are to be collected and interest as per rating should be collected for the usance period.  In case of sight documents interest for a maximum period of 15 days should be collected subject to a minimum of Rs.764/-.
13. Guarantees on account of discrepancies in documents under LC 1. If payment received under reserve is credited to beneficiary’s account – 0.25% with a min. of Rs.750/-   1. If payment received under reserve is credited to beneficiary’s account – 0.25% with a min. of Rs.764/-
  2. If payment received under reserve at the request of the customer is not parted with – no charges.   2. If payment received under reserve at the request of the customer is not parted with – no charges.
  When called upon to refund payment made to them under reserve, Banks will pay to the negotiating bank the face value of the bill together with interest at the commercial rate of the negotiating banks plus charges.  Interest / charges, if any, would be for customer/s a/c.   When called upon to refund payment made to them under reserve, Banks will pay to the negotiating bank the face value of the bill together with interest at the commercial rate of the negotiating banks plus charges.  Interest / charges, if any, would be for customer/s a/c.
14. LC secured by 100% cash margin / term deposit 25% of normal charges in respect of LC opening charges subject to a minimum of Rs.750/-   25% of normal charges in respect of LC opening charges subject to a minimum of Rs.764/-
15. Issuance of certificate to beneficiary No charge for attestation of commercial invoices at the time of negotiation / collection.  On subsequent occasions Rs.20.00 per invoice, minimum Rs.50.00.   No charge for attestation of commercial invoices at the time of negotiation / collection.  On subsequent occasions Rs.20.00 per invoice, minimum Rs.51.00.
16. Clean Payment received under LC. Flat Charge of Rs.200/- to Beneficiary’s account.   Flat Charge of Rs.204/- to Beneficiary’s account.

Annexure - 1
In case of prepayment of instalment(s), prepayment charges shall be levied
on the prepaid amount at the following rates.

    Effective from 1st May 2011
Will effective from 1st April 2012 Will effective from 1st April 2012
Rates for Prepayment Charges   Pre Tax Hike Post Tax Hike Post Tax Hike
Remaining Period in months Term loan accounts with concessional rate of interest (Rate – 1) Term loan accounts without any concessional rate of interest(Rate – 2)    
1 0.0007 0.0003   0.00030561
2 0.0013 0.0006   0.00061122
3 0.0019 0.001   0.0010187
4 0.0026 0.0013   0.00132431
5 0.0032 0.0016   0.00162992
6 0.0038 0.0019   0.00193553
7 0.0044 0.0022   0.00224114
8 0.005 0.0025   0.00254675
9 0.0056 0.0028   0.00285236
10 0.0061 0.0031   0.00315797
11 0.0067 0.0033   0.00336171
12 0.0072 0.0036   0.00366732
13 0.0078 0.0039   0.00397293
14 0.0082 0.0041   0.00417667
15 0.0088 0.0044   0.00448228
16 0.0093 0.0046   0.00468602
17 0.0098 0.0049   0.00499163
18 0.0102 0.0051   0.00519537
19 0.0107 0.0053   0.00539911
20 0.0112 0.0056   0.00570472
21 0.0117 0.0058   0.00590846
22 0.0121 0.006   0.0061122
23 0.0126 0.0062   0.00631594
24 0.013 0.0065   0.00662155
25 0.0134 0.0067   0.00682529
26 0.0138 0.0069   0.00702903
27 0.0142 0.0071   0.00723277
28 0.0146 0.0073   0.00743651
29 0.015 0.0075   0.00764025
30 0.0154 0.0076   0.00774212
31 0.0158 0.0078   0.00794586
32 0.0161 0.008   0.0081496
33 0.0165 0.0082   0.00835334
34 0.0169 0.0084   0.00855708
35 0.0172 0.0085   0.00865895
36 0.0176 0.0087   0.00886269
37 0.0179 0.0089   0.00906643
38 0.0182 0.009   0.0091683
39 0.0185 0.0092   0.00937204
40 0.0188 0.0093   0.00947391
41 0.0191 0.0095   0.00967765
42 0.0194 0.0096   0.00977952
43 0.0197 0.0098   0.00998326
44 0.02 0.0099   0.01008513
45 0.0203 0.01   0.010187
46 0.0205 0.0102   0.01039074
47 0.0208 0.0103   0.01049261
48 0.0211 0.0104   0.01059448
49 0.0213 0.0106   0.01079822
50 0.0216 0.0107   0.01090009
51 0.0218 0.0108   0.01100196
52 0.022 0.0109   0.01110383
53 0.0223 0.011   0.0112057
54 0.0225 0.0111   0.01130757
55 0.0227 0.0112   0.01140944
56 0.0229 0.0113   0.01151131
57 0.0231 0.0114   0.01161318
58 0.0234 0.0115   0.01171505
59 0.0235 0.0116   0.01181692
60 0.0237 0.0117   0.01191879
61 0.0239 0.0118   0.01202066
62 0.0241 0.0119   0.01212253
63 0.0241 0.0119   0.01212253
64 0.0244 0.0121   0.01232627
65 0.0246 0.0121   0.01232627
66 0.0248 0.0122   0.01242814
67 0.0249 0.0123   0.01253001
68 0.0251 0.0124   0.01263188
69 0.0252 0.0124   0.01263188
70 0.0254 0.0125   0.01273375
71 0.0255 0.0126   0.01283562
72 0.0257 0.0126   0.01283562
73 0.0258 0.0127   0.01293749
74 0.0259 0.0127   0.01293749
75 0.026 0.0128   0.01303936
76 0.0261 0.0129   0.01314123
77 0.0263 0.0129   0.01314123
78 0.0264 0.013   0.0132431
79 0.0265 0.013   0.0132431
80 0.0266 0.0131   0.01334497
81 0.0267 0.0131   0.01334497
82 0.0268 0.0132   0.01344684
83 0.0269 0.0132   0.01344684
84 0.027 0.0132   0.01344684
85 0.0271 0.0133   0.01354871
86 0.0271 0.0133   0.01354871
87 0.0272 0.0134   0.01365058
88 0.0273 0.0134   0.01365058
89 0.0273 0.0134   0.01365058
90 0.0274 0.0134   0.01365058
91 0.0275 0.0135   0.01375245
92 0.0275 0.0135   0.01375245
93 0.0276 0.0135   0.01375245
94 0.0277 0.0136   0.01385432
95 0.0277 0.0136   0.01385432
96 0.0278 0.0136   0.01385432
97 0.0278 0.0136   0.01385432
98 0.0278 0.0136   0.01385432
99 0.0279 0.0137   0.01395619
100 0.0279 0.0137   0.01395619
101 0.028 0.0137   0.01395619
102 0.028 0.0137   0.01395619
103 0.028 0.0137   0.01395619
104 0.0281 0.0137   0.01395619
105 0.0281 0.0137   0.01395619
106 0.0281 0.0137   0.01395619
107 0.0281 0.0137   0.01395619
108 0.0281 0.0138   0.01405806
109 0.0282 0.0138   0.01405806
110 0.0281 0.0138   0.01405806
111 0.0282 0.0138   0.01405806
112 0.0282 0.0138   0.01405806
113 0.0282 0.0138   0.01405806
114 0.0282 0.0138   0.01405806
115 0.0282 0.0138   0.01405806
116 0.0282 0.0138   0.01405806
117 0.0282 0.0137   0.01395619
118 0.0282 0.0137   0.01395619
119 0.0282 0.0137   0.01395619
120 0.0282 0.0137   0.01395619

 

PART-III
GUARANTEE & LETTER OF CREDIT
Service Charges in Rs. (Incl. of all taxes)

A) Charges for Guarantee    
1.Commission on issuance of Guarantee (Period including claim period) Proposed
Particulars Effective from  
1st May,2009 
(i) Performance Guarantee Rs.170 + 2.20% p.a. (Min. 170 +1.10% charges for 2 quarters) Rs.170 + 2.20% p.a. (Min. 170 +1.10% charges for 2 quarters)
(ii) Other Guarantees (Including issuance of letter of comfort for buyer’s credit Rs.170 + 3.30% p.a. (Min. 170 + 1.65% charges for 2 quarters) Rs.170 + 3.30% p.a. (Min. 170 + 1.65% charges for 2 quarters)
Note :  
a)  Charges are to be recovered upfront for the full period including the claim period unless otherwise sanctioned by the competent authority.
b)  Guarantee for the period beyond six months would attract commission, reckoning the part period of guarantee beyond 6 months in terms of completed quarters.  (For a performance guarantee issued for 16 months, guarantee commission for 1 year should be levied @ Rs.170 +2.20 p.a. and for the remaining 4 months commission should be levied @ 0.55% per quarter for 2 quarters by reckoning 4 months as two quarters.)
c)  Additional commission at applicable rate will be levied on the extended period of guarantee due to restraint imposed by court order.
2. Refund of guarantee commission No refund if the purpose for which the guarantee was issued is served and the original guarantee is returned for cancellation before the expiry date.  If the purpose for which guarantee was issued is not served, 50% of original rate for the unexpired period less 1 quarter will be refunded.  (Guarantee with an unexpired period of 10 months is tendered for cancellation, refund will be calculated for 7 months @ 50% of original commission.)  
3. Renewal / Extension of Guarantee Same charges as applicable for issuance of fresh guarantee.  However, for the claim period, no charge to be levied if the renewal is effected before the expiry date of the original guarantee.  
4. Guarantees secured by 100% term deposit including third party deposits of our Bank Rs.170 + 25% of normal commission
If the B.G is secured by 100% CASA deposit full comission shall be waived
 

 

B) Charges for Inland Letter of Credit  
Particulars Effective from  
1st May,2009 
1. LC Opening Charges Following charges with a min. of Rs.750/-  should be levied Following charges with a min. of Rs.750/-  should be levied
a)  Usance Charge : 2.20% p.a. for the usance period (complete month or part thereof).  In case of sight bills / usance for less than 1 month, minimum one month charges And a)  Usance Charge : 2.20% p.a. for the usance period (complete month or part thereof).  In case of sight bills / usance for less than 1 month, minimum one month charges And
b) Commitment Charge : For the period of liability (from the date of opening of credit to the last date of its validity) @ 1.10% p.a. with a minimum period of 1 month or part thereof. b) Commitment Charge : For the period of liability (from the date of opening of credit to the last date of its validity) @ 1.10% p.a. with a minimum period of 1 month or part thereof.
2. Extension of validity period An extension may be allowed free of commitment charge, if such extension does not run to next month, otherwise a fresh charge of 1.10% p.a. for a minimum period of 1 month with a min. of Rs.750/-. An extension may be allowed free of commitment charge, if such extension does not run to next month, otherwise a fresh charge of 1.10% p.a. for a minimum period of 1 month with a min. of Rs.750/-.
3. Increase in amount of credit Both usance and commitment charge on additional amount at applicable rate with a minimum charge of Rs.750/-. Both usance and commitment charge on additional amount at applicable rate with a minimum charge of Rs.750/-.
4. Other amendments (other than by way of extension of validity period or increase in the value of LC) Flat commission of Rs.750/- Flat commission of Rs.750/-
5. Revolving LC Same as per LC opening charges (usance + Commitment) + on each reinstatement usance charges 2.20% p.a. according to tenor and commitment charge of 1.10% p.a. on reinstated amount. Same as per LC opening charges (usance + Commitment) + on each reinstatement usance charges 2.20% p.a. according to tenor and commitment charge of 1.10% p.a. on reinstated amount.
Min. 750/-. Min. 750/-.
6.Advising of LCs opened by correspondent Banks Rs.735/- Rs.735/-
7. Advising of amendments Rs.490/- per amendment Rs.490/- per amendment
8. Confirmation of LC As applicable to LC opening charges. As applicable to LC opening charges.
9. Transfer Charge Rs.735/- per transfer. Rs.735/- per transfer.
10. Acceptance Commission On all LCs established by other banks calling for usance drafts to be drawn on and accepted by our Bank, an acceptance commission @ 2.20% p.a. with a min. of Rs.750 shall be charged. On all LCs established by other banks calling for usance drafts to be drawn on and accepted by our Bank, an acceptance commission @ 2.20% p.a. with a min. of Rs.750 shall be charged.
11.Bills received under LC 0.22% flat. 0.22% flat.
12. Negotiation charges (in addition to interest from d/o negotiation to d/o reimbursement) For bills upto Rs.2.50 lacs – 0.44% with a min. Rs.750/- For bills upto Rs.2.50 lacs – 0.44% with a min. Rs.750/-
For bills over Rs.2.50 lacs – 0.28% with a min. Rs.1500/- plus discount at applicable rate of interest from the date of negotiation to the date of reimbursement. For bills over Rs.2.50 lacs – 0.28% with a min. Rs.1500/- plus discount at applicable rate of interest from the date of negotiation to the date of reimbursement.
1.Negotiation charges and interest thereon are to be collected for the LCs established by other banks.  In such case, collection charges should not be levied. 1.Negotiation charges and interest thereon are to be collected for the LCs established by other banks.  In such case, collection charges should not be levied.
   
2.In case of LCs established by our Bank branches only collection charges are to be collected and interest as per rating should be collected for the usance period.  In case of sight documents interest for a maximum period of 15 days should be collected subject to a minimum of Rs.750/-. 2.In case of LCs established by our Bank branches only collection charges are to be collected and interest as per rating should be collected for the usance period.  In case of sight documents interest for a maximum period of 15 days should be collected subject to a minimum of Rs.750/-.
13. Guarantees on account of discrepancies in documents under LC 1. If payment received under reserve is credited to beneficiary’s account – 0.25% with a min. of Rs.750/- 1. If payment received under reserve is credited to beneficiary’s account – 0.25% with a min. of Rs.750/-
2. If payment received under reserve at the request of the customer is not parted with – no charges. 2. If payment received under reserve at the request of the customer is not parted with – no charges.
When called upon to refund payment made to them under reserve, Banks will pay to the negotiating bank the face value of the bill together with interest at the commercial rate of the negotiating banks plus charges.  Interest / charges, if any, would be for customer/s a/c. When called upon to refund payment made to them under reserve, Banks will pay to the negotiating bank the face value of the bill together with interest at the commercial rate of the negotiating banks plus charges.  Interest / charges, if any, would be for customer/s a/c.
14. LC secured by 100% cash margin / term deposit 25% of normal charges in respect of LC opening charges subject to a minimum of Rs.750/- 25% of normal charges in respect of LC opening charges subject to a minimum of Rs.750/-
15. Issuance of certificate to beneficiary No charge for attestation of commercial invoices at the time of negotiation / collection.  On subsequent occasions Rs.20.00 per invoice, minimum Rs.50.00. No charge for attestation of commercial invoices at the time of negotiation / collection.  On subsequent occasions Rs.20.00 per invoice, minimum Rs.50.00.
16. Clean Payment received under LC. Flat Charge of Rs.200/- to Beneficiary’s account. Flat Charge of Rs.200/- to Beneficiary’s account.

 

                 Annexure - 1
In case of prepayment of instalment(s), prepayment charges shall be levied on the prepaid amount at the following rates.
Rates for Prepayment Charges
Remaining Period in months Term loan accounts with concessional rate of interest (Rate – 1) Term loan accounts without any concessional rate of interest(Rate – 2)
1 0.07% 0.03%
2 0.13% 0.06%
3 0.19% 0.10%
4 0.26% 0.13%
5 0.32% 0.16%
6 0.38% 0.19%
7 0.44% 0.22%
8 0.50% 0.25%
9 0.56% 0.28%
10 0.61% 0.31%
11 0.67% 0.33%
12 0.72% 0.36%
13 0.78% 0.39%
14 0.82% 0.41%
15 0.88% 0.44%
16 0.93% 0.46%
17 0.98% 0.49%
18 1.02% 0.51%
19 1.07% 0.53%
20 1.12% 0.56%
21 1.17% 0.58%
22 1.21% 0.60%
23 1.26% 0.62%
24 1.30% 0.65%
25 1.34% 0.67%
26 1.38% 0.69%
27 1.42% 0.71%
28 1.46% 0.73%
29 1.50% 0.75%
30 1.54% 0.76%
31 1.58% 0.78%
32 1.61% 0.80%
33 1.65% 0.82%
34 1.69% 0.84%
35 1.72% 0.85%
36 1.76% 0.87%
37 1.79% 0.89%
38 1.82% 0.90%
39 1.85% 0.92%
40 1.88% 0.93%
41 1.91% 0.95%
42 1.94% 0.96%
43 1.97% 0.98%
44 2.00% 0.99%
45 2.03% 1.00%
46 2.05% 1.02%
47 2.08% 1.03%
48 2.11% 1.04%
49 2.13% 1.06%
50 2.16% 1.07%
51 2.18% 1.08%
52 2.20% 1.09%
53 2.23% 1.10%
54 2.25% 1.11%
55 2.27% 1.12%
56 2.29% 1.13%
57 2.31% 1.14%
58 2.34% 1.15%
59 2.35% 1.16%
60 2.37% 1.17%
61 2.39% 1.18%
62 2.41% 1.19%
63 2.41% 1.19%
64 2.44% 1.21%
65 2.46% 1.21%
66 2.48% 1.22%
67 2.49% 1.23%
68 2.51% 1.24%
69 2.52% 1.24%
70 2.54% 1.25%
71 2.55% 1.26%
72 2.57% 1.26%
73 2.58% 1.27%
74 2.59% 1.27%
75 2.60% 1.28%
76 2.61% 1.29%
77 2.63% 1.29%
78 2.64% 1.30%
79 2.65% 1.30%
80 2.66% 1.31%
81 2.67% 1.31%
82 2.68% 1.32%
83 2.69% 1.32%
84 2.70% 1.32%
85 2.71% 1.33%
86 2.71% 1.33%
87 2.72% 1.34%
88 2.73% 1.34%
89 2.73% 1.34%
90 2.74% 1.34%
91 2.75% 1.35%
92 2.75% 1.35%
93 2.76% 1.35%
94 2.77% 1.36%
95 2.77% 1.36%
96 2.78% 1.36%
97 2.78% 1.36%
98 2.78% 1.36%
99 2.79% 1.37%
100 2.79% 1.37%
101 2.80% 1.37%
102 2.80% 1.37%
103 2.80% 1.37%
104 2.81% 1.37%
105 2.81% 1.37%
106 2.81% 1.37%
107 2.81% 1.37%
108 2.81% 1.38%
109 2.82% 1.38%
110 2.81% 1.38%
111 2.82% 1.38%
112 2.82% 1.38%
113 2.82% 1.38%
114 2.82% 1.38%
115 2.82% 1.38%
116 2.82% 1.38%
117 2.82% 1.37%
118 2.82% 1.37%
119 2.82% 1.37%
120 2.82% 1.37%

 

PART - IV
Schedule of Revised Service Charges on External Trade/Forex Business
(Inclusive of all taxes)
With Effective From 26/08/2014

Description Pre-Revised Charges Revised Charges
(inclusive of Service Tax)*
EXPORTS
Foreign Currency Credit (PCFC/EBR) 0.188% per month or part thereof (On Rupee equivalent amount to be recovered in Rupees.) Branch should realize actual out of pocket expenses' incurred subject to minimum of Rs. 1019.00 As per RBI directive, no charge except recovery of out of pocket expenses incurred. Branch should realize actual out of pocket expenses incurred, as informed by Treasury Branch, Mumbai. Out of Pocket expenses are worked out by Treasury Branch at the time of handling transaction, which should be informed to the branch concerned.
  GM (T & IW), GM (FC) and GM (MC) will review it from time to time and decide about revisions, if any required.  
For each foreign currency & rupee bill Purchased/ Negotiated 0.15%, subject to Minimum Rs.509/- and Maximum Rs.6112/- 0.15%, subject to Minimum Rs.509/- and Maximum Rs.6112/-
  Concerned sanctioning autthorities, in deserving cases, may reduce the maximum charges to Rs. 4,075/-. The reason for allowing the concessions are to be duly recorded. Concerned sanctioning autthorities, in deserving cases, may reduce the maximum charges to Rs. 4,075/- the reason for allowing the concessions are to be duly recorded.
Forwarding export document to another AD to whom LC is restricted/LC is confirmed by the latter. 0.143% subject to Minimum Rs.377/- and Maximum Rs. 5603/- 0.143% subject to Minimum Rs.377/- and Maximum Rs. 5603/-
  [Regional Managers, in deserving cases, may reduce the maximum charges to Rs.3,370/-, the reasons for allowing the concession are to be duly recorded] [Regional Managers, in deserving cases, may reduce the maximum charges to Rs.3,370/-, the reasons for allowing the concession are to be duly recorded]
Reimbursement charges under LC Negotiated up to Rs. 5 lacs Over Rs. 5 lacs Rs. 866/-

Rs.1146/-
Rs. 866/-

Rs.1146/-
Joining in customer guarantees/ indemnities on behalf of customers to other banks in India in respect of discrepancies in documents negotiated under credit. 0.10 % Minimum Rs.306/- 0.10 % Minimum Rs.306/-
In case of overdue export bills purchased / discounted/ negotiated where proceeds are not received in nostro account on or before the due date.    
Negotiated upto Rs. 2 lacs Rs.356/- per quarter or part thereof per bill. Rs.356/- per quarter or part thereof per bill.
Over Rs.2 lacs Rs.688/- per quarter or part thereof per bill. Rs.688/- per quarter or part thereof per bill.
     
EXPORT BILL FOR COLLECTION
Export Collection Bills sent through us 0.10% (Minimum Rs.586/-, Maximum Rs.5,705/-) 0.15% (Minimum Rs.400/-, Maximum Rs.7500/-)
Where permitted by RBI, when the entire set of export documents have been sent by the exporter directly to the overseas buyer 0.10% (Minimum Rs.586/-, Maximum Rs.5,705/-) 0.10% (Minimum Rs.586/-, Maximum Rs.5,705/-)
In case of overdue bills sent on collection where the proceeds are not received in India on or before the due date, additional commission shall be charged as :
Upto 2 lacs Rs. 306/- per quarter or part thereof per bill Rs. 300/- per quarter or part thereof
Over Rs. 2 lacs 0.127% per quarter or part thereof per bill (Maximum Rs.586/- per quarter or per thereof per bill) Rs. 300/- per quarter or part thereof
(Not applicable in case of bills drawn on countries with externalisation problems but paid in local currency and the exporter has obtained necessary approval from Reserve Bank of India for extension)
Where bank charges are to be recovered from the drawee but are refused by them. Such charges are to be recovered from drawer. Such charges are to be recovered from drawer.
COMMISSION IN LIEU OF EXCHANGE
Where preshipment advance has been granted by an Authorised Dealer against a letter of credit / export order but the documents under the relative letter of credit/export order are negotiated through another bank. 0.10%
(Minimum Rs. 357/-)
0.10%
(Minimum Rs. 357/-)
Where the proceeds of an export bill negotiated by an authorized dealer are paid in foreign currencies to another Authorized Dealer. 0.17%
(Minimum Rs 586/-)
0.17%
(Minimum Rs 586/-)
Where an export bill sent for collection abroad by one Authorised Dealer but the payment is received in Rupees through another Authorised Dealer in India. 0.17%
(Minimum Rs 586/-)
0.17%
(Minimum Rs 586/-)
Where an export bill is negotiated/ purchased/sent for collection and the proceeds thereof are credited to foreign currency (EEFC) account in part or in full, on the foreign currency amount credited to EEFC account. 0.17%
(If money is kept with us, no charges will be levied.)
0.17%
(If money is kept with us, no charges will be levied.)
Any export bill on which no exchange benefit accrues to the Bank including cases where contract is booked with another AD. 0.17%
(Minimum Rs 586/-)


0.17%
(Minimum Rs 586/-)


Deemed export bills in foreign currency as defined by Reserve Bank of India/Exim Policy from time to time. 0.17%
(Minimum Rs 586/-)
0.17%
(Minimum Rs 586/-)
Advising Letters of Credit Rs.586/- for customers Rs.586/- for customers
Rs.1121/- for non customers Rs.1121/- for non customers
Advising Amendment Rs. 357/- for customers Rs. 357/- for customers
for non customers Rs. 586/- for non customers Rs. 586/-
Confirmation charges
Commitment Charges 0.19% for every quarter or part thereof 0.19% for every quarter or part thereof
Usance charges 0.17% per month or part thereof for bills upto one month 0.17% per month or part thereof for bills upto one month
  0.28% for bills more than one month and upto three months 0.28% for bills more than one month and upto three months
  0.35% for first three months + 0.10% per month in excess of three months for bills over three months. 0.35% for first three months + 0.10% per month in excess of three months for bills over three months.
  For individual transaction above Rs. 3 crores, charges will be 1/4th of the normal charges on the incremental amount above Rs 3 crores.( 25% concession may be given to customers rated 'A' & above for amount upto Rs 3 crores) For individual transaction above Rs. 3 crores, charges will be 1/4th of the normal charges on the incremental amount above Rs 3 crores.(25% concession may be given to customers rated 'A' & above for amount upto Rs 3 Crores)
Transfer of LC Rs. 586/-for each transfer  Rs. 586/-for each transfer 
Rs. 357/- for each amendment Rs. 357/- for each amendment
Acceptance commission for accepting drafts drawn on and accepted by the Banks in India 0.17% p.m. 0.17% p.m.
Issuance of Certificate / Attestation in respect of Export transaction. RS. 255/- each Rs 150/- per documents. Rs 150/- per invoice (in excess of five).
IMPORT
Opening of LC including Stand by LC
Commitment Charges 0.17% for every quarter or part thereof Upto Rs.5 Crores:-
0.15% for every quarter or part thereof for the full validity of the credit ( Minimum Rs. 1000/-)
Note:
If the amount is more than Rs 5 Crores but less than Rs.20 Crores:-
Full charges upto Rs. 5 crores + one half of charges for amount exceeding Rs 5 Crores and upto Rs. 20 crores.
If the amount is more than Rs 20 Crores
charges will be as applicable upto Rs. 20 crores + one fourth of charges exceeding Rs. 20 crores.
Usance charges : For the purpose of levying commitment and usance charges, the total amount committed inclusive of interest amount and tolerance level shall be reckoned. 0.20%(Minimum Rs.500/-) For bills upto 10 days sight Upto Rs.5 Crores:-
0.175% upto 10 days sight( Minimum Rs. 1000/-) .
0.35% over 10 days and up to
3 months sight( Minimum Rs. 1000/-).
0.35% for the first three months plus 0.10% for month in excess of three months for over 3 months sight.
0.40% for bills over
10 days and up to
3 months sight
0.40% for the first three months plus 0.1% for month in excess of three months for bills over 3 months sight
NOTE:- For Sight LC only commitment charge is to be taken, but for Usance LC both commitment and usance charges are to be taken. For individual transaction over Rs.3 crore charges will be at 1/4th of the normal rate as specified above on the incremental amount above Rs. 3 crore.(25% of concession may be given to the customers rated 'A' & above for amount upto Rs. 3 crores)
In case of L/C established against 100% cash/FDR as security, charges will be 25 % of the normal charge.
For amount exceeding Rs. 5 Crores and upto Rs. 20 Crores -Full Charges upto Rs. 5 Crores + one half of charges for amount exceeding Rs. 5 Crores. For amount exceeding Rs. 20 Crores, the charges as applicable up to Rs. 20 Crores + one fourth of charges exceeding Rs. 20 Crores.
In case of L/C established against 100% cash/FDR as security ,charges will be 25 % of the normal charge.
Bills not covered by LC payments
which will be settled out of currency
Loans arranged abroad or foreign currency
accounts(EEFC)
0.20% Minimum
Rs. 1019/-
0.20% Minimum
Rs. 1019/-
Amendment to LC
Extension of validity of LC within 3 months period for which the commitment charge has already been collected. Rs 586/- Rs 586/-
Amendment extending the validity of the LC beyond a 3 month period Fresh commitment charge at the applicable rate per quarter or part thereof shall be recovered subject to a minimum of Rs. 586/- Fresh commitment charge at the applicable rate per quarter or part thereof shall be recovered subject to a minimum of Rs. 586/-
Amendment of value of LC Both commitment and usance charges are to be recovered for the additional amount. Both commitment and usance charges are to be recovered for the additional amount.
Amendment for altering tenor of the bill Additional usance charges to be collected as appropriate on the outstanding liability. Additional usance charges to be collected as appropriate on the outstanding liability.
Amendment to a LC other than extension of its validity or enhancement of its value Rs. 306/- Rs. 306/-
Revival of expired LC within 3 months from the date of expiry. Usance charges + commitment charge from the date of original expiry upto the new validity period of the revived LC. Usance charges + commitment charge from the date of original expiry upto the new validity period of the revived LC.
Stand by Letter of Credit As per LC Charges As per LC Charges
REVOLVING LETTER OF CREDIT
Commitment charges 0.17% for every period of 3 months or part thereof on the maximum amount of permissible drawings from the date of establishment of LC to the last date of validity, subject to a minimum of Rs. 357/-. Same as applicable to opening of LC including standby LC.
Usance charge 0.10% per month or part there of (Minimum Rs 285/-)
  For individual transansaction over Rs. 3 crore , charges will be at 1/4 th of the normal rate as specified above on the incremental amount above Rs. 3 crore.
  NOTE : For sight LC only commitment charges is to be taken, but for usance LC both Usance and commitment charges are to be taken
  (25% concession may be given to customers rated 'A' above for amount upto Rs 3 crores)
  In case of L/C established against 100% cash Deposit as security charges will be 25% of normal charges.
Reinstatement charges,Commitment charges and Usange Charges On each amount reinstated (from the date of the reinstatement of the last date of validity as the case may be ), commitment and usance charges as above are to be recovered.
Deferred Payment LCs
DEFERRED IMPORTS    
LCs covering deferred import of goods 0.50 % per quarter or part thereof 0.25 % per quarter or part thereof
  [Where LC amount exceeds Rs. 3 crores, on the first Rs. 3 Crores, normal rate as above and for amount above Rs. 3 Crores 25% of the normal rate 
  The competent authority at the time of sanction will stipulate whether the commission is to be recovered upfront or in specified instalments. The competent authority at the time of sanction will stipulate whether the commission is to be recovered upfront or in specified instalments.
Extending validity within 3 months for which commission is already taken where validity period falls beyond 3 months. Amendment commission of Rs. 509/- For any amendment extending the validity of the Letter of credit beyond 3 months period, commission at the applicable rate shall be recovered. Amendment commission of Rs. 509/- For any amendment extending the validity of the Letter of credit beyond 3 months period, commission at the applicable rate shall be recovered.
Commission on Import Bills under LCs:
Foreign currency bill at the time of crystallization or retirement, whichever is earlier. 0.15% [If the bill amount exceeds Rs. 3 crores, normal charges upto Rs. 3 crores and 40% of the normal charges for the amount in excess of Rs 3 crores.] 0.15% (Minimum Rs. 1000/-) 0.15% upto Rs 1 crore. 0.08%>1crore upto 3 crores.
0.04%> Rs. 3 crores upto 5 crores.
0.02% >5 crores.
Import bill received under LC on which no exchange benefit accrues to the opening bank including cases where contract is booked with another AD. 0.17% (Minimum Rs. 856/-) 0.17% (Minimum Rs. 856/-)
If the bill is not retired within 10 days from the date of receipt of bills in case of demand bill and on the due date in case of usance bill. Additional 0.17% Additional 0.17%
Charge in respect of discrepant document received under LC USD 51/- USD 51/-
Rupee Bill 0.28% with a minimum of Rs 866/-[Where the bill amount exceeds Rs. 3 crores. Normal charges upto Rs. 3 crores and 40% of Normal Charge for the amount exceeds Rs. 3 crores.] 0.25% Minimum Rs. 1000/-.
Commission on Import Bills (not  under LC)
On each bill drawn in Foreign currency, on which the collecting bank earns exchange benefit. 0.28% ( minimum of Rs 866/- and maximum Rs.57251/-) [For the bill amount exceeding Rs 3 crores, normal charges upto Rs 3 crores and 40% of the normal charges for the amount in excess of Rs. 3 crores] 0.15% (Minimum Rs. 500/- and Maximum Rs. 10,000/-)
On Rupee import bills and in each bill drawn in foreign currency on which no exchange margin is earned. 0.45% with a minimum of Rs. 866/- maximum Rs 80070/-
(For the bill amount exceeding Rs 3 crores, normal charges upto Rs 3 crores and 40% of the normal charges for the amount in excess of Rs. 3 crores] 
0.30% with a minimum of Rs. 1,000/- and a maximum of Rs. 50,000/-.
Any other type of Import bill on which no exchange benefit accrues to the Bank including cases where contract is booked with another AD. 0.10% (Minimum Rs. 866/-) 0.10% (Minimum Rs. 866/-)
On collection bills document covering project imports under inter-governmental aid nature (including those financed by international agencies like World Bank, IMF, ADB etc.) where no LC is opened. 0.03183% 0.03183%
Import bills directly received by the importer 0.05% subject to minimum of Rs. 143/- and maximum of Rs. 11435/-. 0.05% subject to minimum of Rs. 1,000/- and maximum of Rs. 12000/-
Countersigning/co-acceptance of import bill for counter signing, co-acceptance or validation of approved bills of exchange. 0.10% p.m. with a minimum of 0.28%. 0.10% p.m. with a minimum of 0.28%.
COMMISSION IN LIEU OF EXCHANGE
In respect of LCs established, payments of which are settled out of foreign currency loans arrange abroad or Foreign Currency accounts (EEFC) 0.10% (Minimum Rs. 586/-) 0.10% (Minimum Rs. 586/-)
Bills not covered by LC payments which will be settled out of Foreign currency loans arranged abroad or Foreign currency account (EEFC) 0.20% Minimum Rs.1019/- 0.20% Minimum Rs.1019/-
MISCELLENEOUS
Request for bills proceed to be remitted in a currency other than currency of the bills NA NA
Custody charges for overdue bills Rs. 509/- per quarter
or part thereof
Rs. 509/- per quarter
or part thereof
MERCHANTING TRADE
If foreign currency remittances are received in advance from the overseas buyer and the foreign currency funds are held in Nostro Accounts at the specific request of the merchant trade customer. Comm. @0.20% on each transaction. Bank shall not pay intt. On such advance remittance or not grant Rupee advance against foreign currency funds
thus received
Comm. @0.20% on each transaction. Bank shall not pay intt. On such advance remittance or not grant Rupee advance against foreign currency funds
thus received
INWARD REMITTANCES
Encashment of TT/MT/DD, cover for which has been received. Current  TT buying rate plus handling charges as under:
i) NRE a/c - No commission to be charged if proceeds deposited to NRE accounts with us.
ii) Advance payment against export bills: @ 0.15% of the amount with a minimum of Rs. 1000/- and maximum of Rs 7,500/-
iii) All others:
Upto Rs. 50,000/-
Minimum Rs. 100/-
Above Rs. 50,000/-
0.15% of the amount with a minimum of Rs. 400/- and maximum Rs 7500/- ( including cost of FIRC)
Current TT buying rate plus handling charges as under:
i) NRE a/c - No commission to be charged if proceeds deposited to NRE accounts with us. ii) Advance payment against export bills:
up to Rs 5 Lacs:
@ 0.15% of the amount with a minimum of Rs. 300/- and maximum of Rs600/-
Above Rs 5 Lacs:
@ 0.15% of the amount with a minimum of Rs. 600/- and maximum of Rs1000/-
iii) All Others:
Up to Rs. 50,000/-
Minimum Rs. 100/-
Above Rs. 50,000/-
0.15% of the amount with a minimum of Rs. 100/- and maximum Rs 600/- ( including cost of FIRC)
Encashment of TT /MT/DD, cover for which has not been received TT buying rate plus exchange margin of 0.125%  Interest shall be recovered separately from the customer at domestic commercial rate for the period of 15 days Commission: Rs.102/- for inward remittance upto Rs.100,000/- and Rs.204/- for above Rs.100,000/-.  (But if proceeds are to be credited to the deposit account with us, the commission will be waived.) TT buying rate plus exchange margin of 0.125%  Interest shall be recovered separately from the customer at domestic commercial rate for the period of 15 days
Commission: Rs.102/- for inward remittance upto Rs.100,000/- and Rs.204/- for above Rs.100,000/-.  (But if proceeds are to be credited to the deposit account with us, the commission will be waived.)
Customer personal cheque IMO/PO payable abroad TT buying rate plus exchange margin of 0.125%  Interest shall be recovered separately from the customer at domestic commercial rate for the period of 15 days Commission: Rs.102/- for inward remittance upto Rs.100,000/- and Rs.204/- for above Rs.100,000/-.  (But if proceeds are to be credited to the deposit account with us, the commission will be waived.) TT buying rate plus exchange margin of 0.125%  Interest shall be recovered separately from the customer at domestic commercial rate for the period of 15 days
Commission: Rs.102/- for inward remittance upto Rs.100,000/- and Rs.204/- for above Rs.100,000/-.  (But if proceeds are to be credited to the deposit account with us, the commission will be waived.)
CLEAN PAYMENT
Effected under the instruction of Foreign Correspondent where exchange benefit accrues to us. Commission:- Rs.112/- for inward remittance upto Rs.100,000/- and Rs.255/- for above Rs.100,000/-.  (But if proceeds are to be credited to the deposit account with us, the commission will be waived.) Commission:- Rs.112/- for inward remittance upto Rs.100,000/- and Rs.255/- for above Rs.100,000/-.  (But if proceeds are to be credited to the deposit account with us, the commission will be waived.)
Where inward remittances has to be effected in foreign currency by way of DD/PO/TT 0.10% minimum Rs. 204/- and maximum Rs. 5705/- 0.10% Minimum Rs. 100/- and Maximum Rs 5,000/-
CLEAN INSTRUMENT     
Clean instrument sent for collection on all clean instrument sent abroad 0.17% minimum Rs. 204/- and maximum Rs. 5705/- 0.17% minimum Rs. 204/- and maximum Rs. 5705/-
CERTIFICATE
For inward transactions Rs. 229/- Rs. 229/-
For clean remittances
For encashment of TT / Cheques
Currency Notes
OUTWARD REMITTANCES
Commission for all remittances
other than import
Up to Rs. 10,000 - Rs. 102
Above Rs. 10,000 upto Rs. 1 lac.- Rs. 204
Above Rs. 1 Lac @ 0.15% with a minimum of Rs. 611/-   
0.15% with Minimum RS 200/- ( No commission for our NRE/FCNR account holders )
Letter of undertaking/ Letter of comfort for taking buyer's credit/Supplier's credit    0.15% per month for specified period of liability (Minimum RS. 1000/- per guarantee)
Repayment of Trade credit (Buyer's credit /Supplier's Credit)   At 0.15 % (With a maximum amount of Rs. 5000/-)
ISSUE OF FOREIGN CURRENCY TRAVELLERS CHQUES AND CURRENCY NOTES
Commission on rupee equivalent 0.75% 0.75%
Commission on foreign currency travellers cheques issued against foreign currency remittance received from abroad/ debited to EEFC a/c. 0.25% 0.25%
EEFC ACCOUNTS  (Commission in lieu of Exchange)
 Inward remittances -Where the proceeds is credited to EEFC account 0.10% (If money is kept with us, no charges will be levied.) Rs. 400/-
Where outward remittance is effected to the debit of EEFC account 0.10% with max. of USD 50/- or its rupee equiv. 0.10% Minimum Rs. 100/- Maximum Rs. 7500/-
GUARANTEES
The following concessions may be given, in case of issuance of guarantee specified below:
1. If the amount of guarantee is more than Rs 2 crores, normal charges upto Rs. 2 crores and 50% of the normal charges for the amount exceeding Rs. 2 crores.
2. In case of guarantees (other than issued for project exports) issued against 100% cash deposit, 25% of the normal charges.
3. In case of guarantees (other than issued for project exports) if issued against 100% counter guarantee of Govt. of India and guarantees issued on behalf of Central/State Govt. and corporation /Institutions/companies wholly owned by them, charges may be decided on case to case basis by a committee comprising of General Manager International and General Manager Credit.
4. In case of guarantee backed by counter guarantee of reputed International bank 25% of the normal charges.
5. The charges shall be collected on the specified period of liability of the guarantee.  The specified period of liability shall mean the actual validity period for the guarantee plus the additional period during which claim can be made on the Bank under the guarantee.
Guarantee in favour of Shipping Companies/ Agencies for clearance of goods pending production of Bill of Lading.
A) Relating to imports under LCs opened by us. Rs.255/- Rs.255/-
Export Guarantees for Project Export - Bid Bond / Bonds for Earnest Money / Guarantee for Advance payment made by foreign buyer to Indian Exporters / Contractors
  In case of guarantees covered by ECGC counter guarantee, Bank will collect commission as well as ECGC premium at applicable rates and remit collected premium to ECGC. In case of guarantees covered by ECGC counter guarantee, Bank will collect commission as well as ECGC premium at applicable rates and remit collected premium to ECGC.
  a) ECGC cover 75% 90% a) ECGC cover 75% 90%
  b) ECGC Premium Actuals Actuals b) ECGC Premium Actuals Actuals
  c) Bank's commission 0.75% 0.60% c) Bank's commission 0.75% 0.60%
  Total commission (b)+ (C) (b)+ (C) Total commission (b)+ (C) (b)+ (C)
  In case of Guarantees issued against 100% counter guarantees of the government of india. Commission shall be charged @ 0.41% p.a. In case of Guarantees issued against 100% counter guarantees of the government of india. Commission shall be charged @ 0.41% p.a.
  In case of guarantees issued against cash deposits to the extent of Bank's liabilities, commission shall be charged @ 0.31% p.a.
minimum Rs. 1019/-
In case of guarantees issued against cash deposits to the extent of Bank's liabilities, commission shall be charged @ 0.31% p.a.
minimum Rs. 1019/-
  In case of guarantees which are not covered by cash deposits or ECGC/GOVT OF INDIA counter guarantees, commission shall be charged @1.22% p.a. subject to minimum Rs. 1019/- In case of guarantees which are not covered by cash deposits or ECGC/GOVT OF INDIA counter guarantees, commission shall be charged @1.22% p.a. subject to minimum Rs. 1019/-
  Commission for issuing bid bonds for supplies to projects carried out abroad shall be recovered to the extent of 25% thereof for the full period of validity of the bonds at the time of issue. If the bid materializes, the balance 75% of the commission shall be recovered. However, if the bid gets frustrated, there will be no refund of that part of the commission collected. Commission for issuing bid bonds for supplies to projects carried out abroad shall be recovered to the extent of 25% thereof for the full period of validity of the bonds at the time of issue. If the bid materializes, the balance 75% of the commission shall be recovered. However, if the bid gets frustrated, there will be no refund of that part of the commission collected.
EXPORT PERFORMANCE GUARANTEES : Bid Bond / Bonds for Earnest Money / Guarantee for Advance payment made by foreign buyer to Indian Exporters / Contractors
Gurantees covered by ECGC Counter guarantee where the cover is to the extend of 75%   0.25% per quarter and part thereof ( Minimum Rs. 1000/-) + ECGC premium per guarantee
Where the cover is to the extend of 90%   0.20% per quarter and part thereof ( Minimum Rs. 1000/-) + ECGC premium per guarantee
Deferred Payment Guarantee covering imports of goods into India / repayment of Foreign Currency Loan. 0.50% per quarter or part thereof for the specified period of liability, calculated on the amount of liability under such guarantees at the beginning of every quarter 0.50% per quarter or part thereof for the specified period of liability, calculated on the amount of liability under such guarantees at the beginning of every quarter
The competent authority at the time of sanction will stipulate whether the commission is to be recovered upfront or in specified instalments. The competent authority at the time of sanction will stipulate whether the commission is to be recovered upfront or in specified instalments.
All Other Guarantees. 0.15% per month for the specified period of liability. 0.15% per month for the specified period of liability.
Where the guarantee period is less than two months, commission recoverable will be 0.25%. Where the guarantee period is less than two months, commission recoverable will be 0.25%.
In case of early redemption of the guarantee after a period of 2 months, 50% of the commission for the unexpired period may be refunded at the discretion of the competent authority of the Bank who has sanctioned the facility. In case of early redemption of the guarantee after a period of 2 months, 50% of the commission for the unexpired period may be refunded at the discretion of the competent authority of the Bank who has sanctioned the facility.
DEFERRED PAYMENT GUARANTEE
Where the entire DPG guarantee commission is collected upfront The rate of commission and the rate of exchange (TT selling) prevailing as on the date of the DPG shall be applied. No further adjustment commission arising out of future revisions in the exchange rate shall be made. The rate of commission and the rate of exchange (TT selling) prevailing as on the date of the DPG shall be applied. No further adjustment commission arising out of future revisions in the exchange rate shall be made.
Where deferred payment guarantee commission is recovered on instalment basis. The rate of commission and the rate of exchange (TT selling) prevailing as on the date of recovery of each installment shall be applied. The rate of commission and the rate of exchange (TT selling) prevailing as on the date of recovery of each installment shall be applied.
In the event of early redemption of DPG 50% of the Commission for the unexpired period of guarantee may be refunded subject to the condition that the original guarantee has been returned for cancellation or a confirmation has been received to the effect that there are no claims against the guarantee. 50% of the Commission for the unexpired period of guarantee may be refunded subject to the condition that the original guarantee has been returned for cancellation or a confirmation has been received to the effect that there are no claims against the guarantee.
In the event of default of instalment Interest shall be recovered at the domestic commercial rate of interest as prescribed by Reserve Bank of India from time to time from the date of default to the date of actual payment. Interest shall be recovered at the domestic commercial rate of interest as prescribed by Reserve Bank of India from time to time from the date of default to the date of actual payment.
Where a DPG has been issued by an AD but the relative instalment payment is remitted through another AD. The latter shall compensate the A.D. which had issued the guarantee 0.125% commission in lieu of exchange on the amount of remittance. The latter shall compensate the A.D. which had issued the guarantee 0.125% commission in lieu of exchange on the amount of remittance.
FORWARD CONTRACT 
For each sale/purchase contract booking Rs. 306/- for every six months or part thereof Rs. 400/- per sale or purchase contract.
For early delivery/ cancellation. Rs. 662/- Rs. 400/- per sale or purchase contract.
FOREIGN CURRENCY RUPEE OPTIONS Rs.2,037/- per year for each million of US$ or part thereof. Rs.2,037/- per year for each million of US$ or part thereof.
  Competent authority may reduce it by 25% in deserving cases. Competent authority may reduce it by 25% in deserving cases.
CROSS-CURRENCY OPTIONS Rs.2,037/- per year for each million of US$ or part thereof. Rs.2,037/- per year for each million of US$ or part thereof.
  Competent authority may reduce it by 25% in deserving cases. Competent authority may reduce it by 25% in deserving cases.
FRA/IRS Rs.2,037/- per year for each million of US$ or part thereof. Rs.2,037/- per year for each million of US$ or part thereof.
  Competent authority may reduce it by 25% in deserving cases. Competent authority may reduce it by 25% in deserving cases.
OUT OF POCKET EXPENSES Actuals to be recovered Actuals to be recovered 
OTHER CHARGES
Follow up of Bill of Entry (BOE)   Rs. 250/- per quarter.
Approval for write off of Export Bill   Rs.1000/- per bill
Processing charges for any other application to RBI   Rs. 500/-
Issuance of GR waiver certificate   Rs 500/- per GR.
SWIFT charges    
Per message   Minimum RS. 500.00
Full text LC/LG/LOU   Rs 1500/-
*- In terms of Govt. of India Notification No 26/2011 issued by the Ministry of Finance , Department of Revenue, Government of India, Service tax will be payable on the services rendered by the Banks for purchase or sale of foreign currency.