Savings Bank - Basic Savings Bank Deposit Account |
| Minimum Balance |
No Minimum Balance. |
Savings Bank A/c - with Cheque facility |
| Minimum Balance |
Rs.1000/- |
| Charges for non maintenance thereof |
Rs.20/- per month + GST (Debited at monthly intervals) |
| Average balance to be maintained Rs 1000/-. If average balance is not maintained by customer then the charges applicable will be 10% on the difference amount between the actual total average balance maintained and the minimum balance to be maintained, subject to minimum of Rs 20/-+GST. |
| Cheque Book Charges |
| Upto 40 leaves |
Free |
| Above 40 leaves |
Rs. 2.5/- per leaf + GST |
Current Account |
| Minimum Balance |
Rs.3000/- |
| Charges for non maintenance thereof |
Rs.300/- per month + GST (Debited at monthly intervals) |
| Issue of cheque leaves - Current A/c, CC, ODOS, ODD, SSCC etc.. |
Rs. 2.50/- per leaf + GST |
| Folio Charges : Periodicity of levying - 6 months |
| Charges is levied based on the average balances maintained in the account as detailed under: |
| Avg. Balance |
Number of Free Folios |
|
| Upto Rs. 25,000/- |
Nil |
Maximum No.of transactions permitted per folio are 40 and charges per folio is Rs.50/- + GST . |
| 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/- + GST irrespective of no of sheets on single instance. |
Incidental Charges on Closure of A/c |
i). CA, CC, ODOS, ODD, SSCC etc., (Other than Staff)
ii).Savings Bank account(Other than Staff) |
Rs 200/-(+) GST
With cheque book facility:
1..If closed within One year from the date of opening of account Rs. 100/- + GST
2..If closed after 1 yr from the date of opening of account Rs.50/- + GST |
| Stop Payment Charges for SB, CA, CC, ODD/ODOS/SSI etc |
Rs. 50/- per instrument + GST
Rs. 300/- + GST for series of instruments (Series means 6 or Above Instruments) |
Remittances Facilities through our Bank |
DD -Issue instrument upto 1.00 lac
Instruments Above 1.00 lacs |
Rs. 0.50/- per Rs.1000/- or part thereof subject to a minimum of Rs.10/- per instrument +GST.
Rs 0.50/- per Rs. 1000/- or part thereof subject to a minimum of Rs. 50/- per instrument + GST. |
| DD - Cancellation |
Rs.50/- per instrument + GST |
| PO - Issue |
Upto and inclusive of Rs.1000/- - Minimum Rs.10/- + GST
Above Rs.1000/- - 0.05 ps per Rs.100/-. Minimum Rs.10/- + GST ; Maximum: No Ceiling. |
| PO - Cancellation |
Rs. 50/- per instrument + GST |
Remittance Facilities through other Bank (Cheque drawing arrangements) |
| DD - Issue |
Rs. 1.00 /- per Rs. 1000/- + GST Minimum Rs. 15/- + GST |
Charges for cancellation of Cheque drawn under drawing arrangements |
Rs. 50/- per instrument + GST irrespective of instrument amount.
Stop payment of Instrument drawn under cheque drawing arrangement – Actual out of pocket expenses incurred + Rs 20/- per instrument + GST |
Exchange on Discounting of drafts / Pay orders / Govt. Cheques |
Rs.0.05 paise per Rs.100/- per day 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/- + GST. (No maximum ceiling)
Cheques:- Rs .0.075 paise per Rs. 100/- per day 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/- + GST. (No maximum ceiling) |
Cheques Collection |
Clearing Returns (Local)
Cheques presented in clearing for collection by our account holder and returned unpaid(outward) |
Rs. 50/- per instrument + GST 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/- + GST per cheque or interest @ 18% p.a. whichever is higher.
Above 3 cheques (per year) – Rs.300/- + GST per cheque or interest @ 18% p.a. whichever is higher. |
| ECS return outwards |
Rs.50/- + GST per ECS Return. |
| |
IBC - Bills/ Cheques for Collection
Irrespective of Amount |
Rs.2.00/- per Rs. 1000/- subject to a minimum of Rs.20/- + GST + Postal Charges |
OBC – BILLS/CHEQUES COLLECTION (OUTWARDS) |
|
For Savings Account Customers:
1.Upto and including Rs.5000/- |
.
Rs.25/- per instrument + GST |
| 2.Above Rs.5000./- and upto and Including Rs.10000/- |
Rs.50/- per instrument + GST |
| 3.Above Rs.10000 and upto Rs.1.00 lac |
Rs.100/- per instrument + GST |
| 4.Above Rs.1.00 lac |
Rs.150/- per instrument + GST |
For other than Saving Account Customers
1.Upto Rs.10000/- |
.
Rs.50/- per instrument + GST |
| 2.Above Rs.10000/- and upto Rs.1.00 lac |
Rs.100/- per instrument + GST |
| 3.Above Rs.1.00 lac |
Rs.150/- per instrument + GST |
| OBC Charges are inclusive of postal/ Courier, handling etc., other than GST.. |
ABB (Anywhere Banking) charges |
| Savings Bank (Cash Deposit) Non Home Branch |
|
| Max.amount Rs.0.50 lacs per day to be accepted |
NIL |
| 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 |
NIL |
| Above Rs.0.50 lacs and upto Rs.2.00 lacs |
Re.1/- per Rs.1000/- + GST |
| 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. |
Retail Loan |
| Loan Processing Charges |
For limits 0.50% and for Loans 1.00% + GST
(For loans/advances of Rs. 1.00 lac and above) |
| Foreclosure charges when loan taken over by other Bank / Financial Institution. |
2% of Outstanding Loans / Limits + GST
|
| Solvency Certificate |
0.25% of the amount applied. Minimum Rs.500/- Maximum Rs. 15000/- + GST |
| Charges for late payment of EMI |
2% p.a. |
| Renewal Charges |
Limit processing charges as applicable |
| Late payment charges |
2% p.a. |
| Commitment Charges |
25% of the sanction limit will be charged + GST 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/- + GST |
| 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 Andhra Pradesh Mahesh Co-operative Urban 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 |
OFFLINE CHARGES: |
RTGS: |
| Charge per transaction (Rs.) |
| Above Rs.2.00 lac to Rs.5.00 lac |
Rs. 20/- per transaction + applicable GST |
| Above Rs.5.00 lac |
Rs. 40/- per transaction + applicable GST |
NEFT: |
| Upto Rs.10,000/- |
Rs. 2/- per transaction + applicable GST |
| Above Rs.10,000/- upto Rs.1.00 lac |
Rs. 4/- per transaction + applicable GST |
| Above Rs.1.00 upto Rs.2.00 lacs |
Rs. 12/- per transaction + applicable GST |
| Above Rs.2.00 lacs |
Rs. 20/- per transaction + applicable GST |
ONLINE CHARGES:(OUR BANK) |
RTGS & NEFT (online)outward charges - NIL |
| These are applicable for all types of transactions including inter bank fund transfers and for transactions originated and payable in India. |
CASH HANDLING CHARGES |
| Particulars |
Charges to be levied |
| Accounts wherein monthly average balance maintained is Rs.5.00 lakhs and above |
--NIL-- |
| Accounts wherein monthly average balance maintained is below Rs.5.00 lakhs |
| Upto Rs.1.00 lakh |
Free |
| Above Rs.1.00 lakh |
Rs.75/- + applicable GST per lakh with minimum of Rs.100 + GST |
|
E-Payment –Non Account holders(TDS Challans) |
| For challan with amount below Rs.1.00 lac |
Rs. 50 per Challan plus GST |
| For challan of Rs.1.00 lac and above |
Rs. 100 per Challan plus GST . |
No Charges will be levied for Account Holders irrespective of the Amount of TDS Challan. However, charges will be levied for non account holders. |
