|
Processing Charges
|
|
New cases
|
0.75 % + Applicable taxes
|
|
Renewal cases & Extension of currency of limit without detailed
|
0.50 % + Applicable taxes
|
|
Account Service Charges – per annum
|
|
Sanctioned limits above Rs. 10.00 lakhs and upto Rs.100.00 lakhs
|
Rs. 2000.00 + Applicable taxes
|
|
Sanctioned limits above Rs. 100.00 lakhs |
Rs. 4000.00 + Applicable taxes |
|
Documentation Charges
|
| Sanctioned Limit |
Charges |
| Sanction Limits above Rs. 10 lakhs and upto Rs. 25 lakhs |
Rs. 1,500 |
| Sanction Limits above Rs. 25 lakhs and upto Rs. 100 lakhs |
Rs. 3,000 |
| Sanction Limits above Rs. 100 lakhs and upto Rs. 500 lakhs |
Rs. 5,500 |
| Sanction Limits above Rs. 500 lakhs |
Rs. 7,500 |
| Penal Interest / Charges |
| For any breach of sanction terms / event of default |
6 % per annum on the outstanding amount of Fund-Based credit facilities.
|
| Cash Transactions |
| Home Branch Cash Deposits |
| Free limit |
Free limit of Rs. 60 lakhs per month Non Commodity cases and Rs. 30 lakhs per month for Commodity Product |
| Charges above free limit |
Rs. 3 per thousand |
| Inter branch (intercity & intracity) Cash Deposit |
| Free limit |
Rs. 5 lakhs per month for non commodity cases and Rs. 10 lakhs per month for Commodity Product. |
| Charges above free limit |
Rs. 2.50 per thousand (minimum Rs. 100 per transaction) |
| Maximum daily limit for inter-branch deposits (intercity & intracity) |
Rs. 25 lakhs |
| Annual Maintenance Charges for fund based working capital accounts |
| Sanction Limits above Rs. 10 lakhs and upto Rs. 25 lakhs | Rs. 2500 |
| Sanction Limits above Rs. 25 lakhs and upto Rs. 100 lakhs | Rs. 3500 |
| Sanction Limits above Rs. 100 lakhs | Rs. 5000 |
| CHEQUE RETURN CHARGES |
| Charges on return of cheques deposited at home branch for local clearing |
Rs 500/- per cheque |
| Inland Letters of Credit * |
| Opening of Sight LC |
Minimum Charge Rs.700/- |
| Bank Guarantees * |
| Performance Guarantee |
1.75% p.a. Minimum Rs. 1000/- |
| Financial Guarantee |
1.75% p.a. Minimum Rs. 1000/- |
| In case of BGs opened under 100% cash margin, 50% of the above rates would be applicable with a minimum of Rs.1000.00 per Bank Guarantee. Further, in case of all BGs, commission to be recovered on the basis of actual quarters in which the validity of guarantee including claim period expires. |
