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Service Charges

Savings Bank Basic Savings Bank Deposit Account

Minimum Balance Rs.10/-

Savings Bank A/c - without cheque facility
Minimum Balance Rs.500/-
Charges for non maintenance thereof Rs.50/- per month + taxes (Debited at monthly intervals)

Savings Bank A/c - with Cheque facility

Minimum Balance Rs.1000/-
Charges for non maintenance thereof Rs.50/- per month + taxes (Debited at monthly intervals)
Cheque Book Charges
Upto 40 leaves Free
Above 40 leaves Rs. 2.5/- per leaf + Service Tax

Current A/c, CC, ODOS, ODD, SSI, CC etc.
Minimum Balance Rs.3000/-
Charges for non maintenance thereof Rs.100/- per month + taxes (Debited at monthly intervals)
Issue of cheque leaves Rs. 2.5/- per leaf + Service Tax
Folio Charges : Periodicity of levying - 6 months
Avg. Balance No. of Free Folios
Upto Rs. 25,000/- Nil Maximum No.of transactions permitted for folio are 40 and charges per folio is Rs.50/- + service tax.
Rs. 25,001 - 50,000/- 3
Rs. 50,001 - 1,00,000/- 5
Rs. 1,00,001 - 2,00,000/- 10
Above Rs. 2,00,000/- Unlimited

Other Services

Issue of Duplicate statement of Account Rs.50/- per statement

Incidental Chages on Closure of A/c

Mahesh Daily Deposit A/c: If closed before maturity Rs.50/- + Service Tax + reimbursement of commission paid to the agent
*If closed after maturity-no charges.

Savings Bank A/c with cheque Book Facility

Rs. 100/- + Service Tax if closed within 1 yr from the date of opening;
Rs.50/- + Service Tax – if closed after 1 yr from the date of opening.

Savings Bank A/c without cheque book facility:

Rs.50/- + Service Tax

Current A/c
CC, ODOS, ODD, SSI, CC

Rs. 150/- + Service Tax
Stop Payment Charges for SB, CA, CC, OD A/Cs Rs. 50/- per instrument + Service Tax

Remittances Facilities through our Bank
DD - Issue Rs. 0.50/- per Rs.1000/- or part thereof subject to a minimum of Rs.10/- per instrument upto Rs.1.00 lac.
Rs 0.50/- per Rs. 1000/- or part thereof subject to a minimum of Rs. 50/- per instrument above Rs.1.00 lac.
DD - Cancellation Rs.50/-
PO - Issue Upto and inclusive of Rs.1000/- - Minimum Rs.10/- + Service Tax
Above Rs.1000/- - 0.05 ps per Rs.100/-. Minimum Rs.10/- + Service Tax; Maximum: No Ceiling.
PO - Cancellation Rs. 25/- per instrument

Remittance Facilities through other Bank
DD - Issue HDFC & ICICI Bank Ltd., Rs. 1/- per Rs.1000/- or part thereof subject to a minimum of Rs. 15/- per instrument upto Rs.1.00 lac.
Rs. 0.80 ps per Rs. 1000/- or part thereof subject to a minimum of Rs. 100/- on DDs of above Rs. 1.00 lac

Remittance Facilities through State Bank of India
DD - Issue Upto Rs. 1 Lakh @ Re.1 per thousand. Minimum Commission Rs.40/- plus Service Tax. Above Rs.1 lakh @Re.0.80 per thousand. Minimum Commission Rs.100/- plus Service Tax.

Remittance Facilities through State Bank of Indore
DD - Issue All amounts Rs.2/- per thousand. Minimum Commission Rs. 20/- plus Service Tax.

Charges for cancellation of PO/DD/Cheque drawn under drawing arrangements
Rs. 10/- per instrument + Service Tax irrespective of instrument amount.

Stop payment of instructions drawn under cheque drawing arrangement
Actual cost of pocket expenses incurred + Rs.20/- per instrument + Service Tax.

Exchange on discounting of drafts/pay orders
Rs.0.05 paise per Rs.100/- for actual no. of days bank being out of funds i.e.., (the actual day of credit otherwise in the a/c)subject to a minimum of Rs.20/- + Service Tax. No maximum ceiling)

Cheques Collection
Clearing Returns (Local)
Cheques presented in clearing for collection by our account holder and returned unpaid(outward)		 Rs. 25/- per instrument + taxes and interest @ 18% per annum in case of late returns in credit facilities account.
Cheques issued on us (inward) Upto 3 cheque (per year) – Rs.100/- + Service Tax per cheque or interest @ 18% p.a. whichever is higher.
Above 3 cheques (per year) – Rs.300/- + Service Tax per cheque or interest @ 18% p.a. whichever is higher.
ECS return outwards Rs.50/- + Service Tax per ECS Return.
SPEED CLEARING
Upto & inclusive of Rs.1.00 lac
Above Rs.1.00 lac
“NIL”
Rs. 150/- per instrument + Service Tax (as per RBI directive)
OBC – CHEQUES COLLECTION (OUTWARDS/INWARD)
For Savings Account Customers:
1.Upto and including Rs.5000/-
2.Above Rs.5000./- and upto and Including Rs.10000/-
3.Above Rs.10000 and upto Rs.1.00 lac
4.Above Rs.1.00 lac
For other than Saving Account Customers
1.Upto Rs.10000/-
2.Above Rs.10000/- and upto Rs.1.00 lac
3.Above Rs.1.00 lac


Rs.25/- per instrument + Service Tax
Rs.50/- per instrument + Service Tax
Rs.100/- per instrument + Service Tax
Rs.150/- per instrument + Service Tax

Rs.50/- per instrument + Service Tax
Rs.100/- per instrument + Service Tax
Rs.150/- per instrument + Service Tax

ABB (Anywhere Banking) charges

Savings Bank (Cash Deposit) Non Home Branch
Max.amount Rs.0.50 lacs per day to be accepted.
Current Deposit (Cash Deposit) Non-Home Branch
Max Amount - Rs.2.00 lacs per day to be accepted
Charges: Upto Rs.0.50 lacs per day
Above Rs.0.50 lacs and upto Rs.2.00 lacs

NIL


NIL
Re.1/- per Rs.1000/-
In case the amount exceed Rs.0.50 lacs in a day, charges are to be collected on entire amount and not only on the amount exceeded.
Outstation through our Bank

For Cheques upto and including Rs. 5000/- Rs. 25/- per instrument (Service Tax Extra).
Above Rs. 5000/- and upto inculding Rs. 10,000/- - Rs. 50/- per instrument (Service Tax extra)
Abovr Rs. 10,000/- to Rs. 1.00 Lacs - Rs. 100/- per instrument (Service Tax extra)
Above Rs. 1,00,001/- Rs. 150/- per instrument (Service Tax extra)
Outstation through other Bank For Cheques upto and including Rs. 5000/- Rs. 25/- per instrument (Service Tax Extra).
Above Rs. 5000/- and upto inculding Rs. 10,000/- - Rs. 50/- per instrument (Service Tax extra)
Abovr Rs. 10,000/- to Rs. 1.00 Lacs - Rs. 100/- per instrument (Service Tax extra)
Above Rs. 1,00,001/- Rs. 150/- per instrument (Service Tax extra)
Bouncing of Cheques - Local  
Inward  
Upto 3 cheque returns in a financial year Rs.100/- + Service tax or 18% p.a. whichever is higher
4 or more cheque returns in a financial year 

Rs. 300/- + Service tax or 18% p.a.whichever is higher.
Outward Rs. 25/- + Service Tax for CA/CC or @18% p.a. whichever is higher in case of returns in credit facilities accounts.
ECS Return outward Rs. 100/- per instrument + Service Tax or 18% whichever is higher
Bouncing of Cheques - Outstation - through Our Bank Rs. 0.15 ps per Rs. 1000/- with a minimum of Rs. 15/- plus postage.
Bouncing of Cheques - Outstation - through other Banks Rs. 0.15 ps per Rs. 1000/- with a minimum of Rs. 15/- plus postage.

Retail Loan
Loan Processing Charges For limits 0.25% and for Loans 0.50%
(For loans/advances of Rs. 1.00 lac and above)
Foreclosure charges when loan taken over. 2% of Outstanding limits.
2% of Loan Outstanding.
Solvency Certificate 0.25% of the amount applied
Charges for late payment of EMI 2% p.a.
Renewal Charges loan processing charges as applicable
Late payment charges 2% p.a.
Commitment Charges 25% of the sanction limit will be charged at applicable rate for all limits excepting limits against F.D. and Gold Ornaments on annualised basis. Not applicable if the average credit balance equivalent to 50% of the sanctioned limit is maintained in the other / same account during the period under review (other accounts include accounts maintained by the sister concerns).

Commission on Bank Guarantees

Against 100% Cash Margin/FD 1% p.a. of the Guarantee Amount.
Minimum Commission Rs. 100/-
Against 25% cash margin/FD and Collateral Security for 75% 2% p. a. of the Guarantee Amount. (Minimum Commission Rs. 100/-).
BGs issued by Other Banks through A. P. Mahesh Bank: Based on Issuing Bank’s terms and conditions.

Commission on Foreign Letters of Credit (for Imports)

Import LCs are issued through IDBI Bank Limited as per following tariff:  
Sight basis Validity : 0.15% Sight : 0.15%
Usance basis Validity : 0.15%  
Upto 3 months 0.30%
Above 3 months 0.30% plus 0.075% p.m. for period above 3 months
Amendment to LC Rs. 1000/- per L.C.  

Other Charges

Swift Charges Rs. 2500/- per LC
Swift Charges for each amendment Rs. 1000/- per LC

RTGS Charges w.e.f. 01.10.2011
Times of Settlement Charge per transaction (Rs.) (including time varying tariff)
From (Hrs)            To (Hrs)
Above Rs.2.00 lac to Rs.5.00 lacAbove Rs.5.00 lac
09.00                    15.30
25/- + applicable Service Tax50/- + applicable Service Tax
After 15.30 hrs
30/- + applicable Service Tax55/- + applicable Service Tax

NEFT:
1. Above Rs. 1.00 lac Rs,5/- per transaction + Service Tax
2. Above Rs. 1.00 lac to Rs.2.00 lac Rs. 15/- per transaction + Service Tax
3. Above Rs.2.00 lacs Rs. 25/- per transaction + Service Tax

These charges are applicable for all types of transactions including inter bank fund transfers and for transactions originated and payable in India.

E-Payment
For challan with amount below Rs.1.00 lac Rs. 50/- per challan irrespective of the amount
For challan of Rs.1.00 lac and above Rs.100/- per challan irrespective of the amount.
Exemptions: Customers who maintain an average quarterly balance of Rs.1.00 lac in C/A
Customers who maintain an average quarterly balance of Rs.0.50 lac in SB
Note : Service Tax as applicable will be charged in addition to the above charges.
The service charges are inclusive of all charges (postal, courier, handling, etc.) other than service tax.
(*) As per RBI Directives Outstation cheque collection charges are revised for S.B customers only. For other customers existing charges are applicable