sd

Note:- The Revised Service Charges are effective w.e..f 1st November,2013

1

Sr. No.

Description Page NO.

1 Safe Deposit Lockers – Annual Charges 3 2 Safe custody charges 4 3 Safe deposit articles 4 4 BASIC SERVICE CHARGES RELATING TO DEPOSIT ACCOUNTS (ALL SEGMENTS) 4 5 Remittance & Collection Facility 7 6 Debit Card Related Charges 8 7 ELECTRONIC TRANSFER CHARGES/ECS (ALL SEGMENT) 10 8 NEFT 11 9 RTGS Customer Transactions (R-41) 11 10 RTGS Inter-Bank Transactions (R-42) 11 11 SWIFT CHARGE 12 11A CONCESSIONS IN SERVICE CHARGES INDIVIDUALS IN RURAL AREAS,PENSIONERS AND SENIOR CITIZANS 13 11B Service charges concession to defence persons 13 12 PERSONAL SEGMENT ADVANCE RELATED SERVICE CHARGES (Home Loan Processing Fee) 14 13 Processing Charges for Auto Loans 14 14 Processing Charges for other ‘P’ Segment Loans 14 15 ADVANCES RELATED SERVICE CHARGES (OTHER THAN “P” SEGMENT) 15 16 Upfront fee 15 17 Project Appraisal Fee 16 18 Lead Bank Fees 16 19 Revalidation of Sanctions 16 20 Pre-Payment Charges(other than P. Segment) 16 21 Allocation of limits 16 22 Equitable Mortgage(SME & C&I only) 17 23 Commercial Paper 17 24 Commitment Charges Working Capital (WC) 17 25 Term Loans 17 26 Inspections Charges 17 27 Documentation Charges For Large Corporates 18 28 Inland BGs 19


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29 Letters of Comfort (LOC) 19 30 Exercise of Swing Option 19 31 Inland LCs 19 32 Bills (Demand) 22 33 RECOVERY OF SERVICE CHARGES FOR SERVICES OTHER THAN SANCTION OF CREDIT FACILITIES 22 34 APPLICATION OF PENAL INTEREST 23 35 SERVICE CHARGES FOR PROVIDING CREDIT INFORMATION REPORTS UNDER CREDIT INFORMATION

COMPANIES 24

36 GOVERNMENT BANKING: CHARGES FOR e-FREIGHT FACILITY TO CUSTOMERS 24 37 FOREIGN EXCHANGE RELATED SERVICE CHARGES (A. Exports Related Transactions) 25 38 For establishing L/Cs/Guarantees on deferred payment terms covering import of goods 29 39 Extending validity Period of LCs/ Guarantees on deferred payment terms covering Import of Goods 30 40 Commission on Import Bills(under LCs) 30 41 Commission on import bills (not under LC) 31 42 If the overseas remitting bank or the exporter abroad requests proceeds of collection bills to be remitted in a currency other

than the currency of the bill. 31

43 Parcels 31 44 INWARD REMITTANCES 31 45 OUTWARD REMITTANCES( foreign currency) 32 46 Guarantees 34 47 Miscellaneous 36 48 ISSUANCE OF RATE CERTIFICATES 36 49 ISSUANCE OF IMPORT LETTER OF CREDIT AGAINST 100% OR MORE CASH MARGIN 37 50 ISSUANCE OF BANK GUARANTEES AGAINST 100% OR MORE CASH MARGIN AND ALSO AGAINST COUNTER

GUARANTEE OF GOVERNMENT OF INDIA (GOI)37

51 Discretionary powers to reduce the service charges on forex transactions 38 52 Refund of Commission for Unexpired Period of Foreign Bank Guarantee(s) (FBG) 38 53 Discretionary Power regarding Concession in Advance related Service charges & Penal Interest 39

Note:-1.Postal Charges-Ordinary Rs.15/-,Regd/Speed post/courier Rs.36/- 2.Out of pocket expenses such as/Telex/cable/correspondent bank’s charges-Actual to be recovered. 3.Remittance Charges-Equal to Demand draft /Banker cheque issue charges.


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STATE BANK OF PATIALA MASTER CIRCULAR ON SERVICE CHARGES

(Inclusive of [email protected]% ) 1.

Safe Deposit Lockers – Annual Charges

Locker Existing Charges Revised Charges 1.1 SMALL Size A 125 X 175 x 492

Size B 159 X 210 X 492 Metro & Urban Centres: Rs.1000 Semi-urban & Rural : Rs.750/-

Metro & Urban Centres: Rs.1019/- Semi-urban &Rural Rs.764/-

Manually

1.2 MEDIUM Size C 125 X 352 X 492

Size D 189 X 263 X 492 Size E 159 X 423 X 492 Size H1 325 X 210 X 492

Metro & Urban Centres: Rs.2500 Semi-urban & Rural : Rs.1500/-

Metro & Urban Centres: Rs.2547/- Semi-urban & Rural Rs.1528/-

Manually

1.3 LARGE Size F 278 X 352 X 492

Size G 189 X 529 X 492 Size H 325 X 423 X 492



Manually

1.4 EXTRA LARGE Size L 404 X 529 X 492

Size L1 385 X 529 X 492



Manually

1.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 lockers.

2.One Time Locker Registration Charges:- Rs.509/- 3.No. of Locker visits per year: 12 visits free: thereafter Rs.51/- per visit to be recovered manually. 4.Locker Rent Overdue Charges:

1st Quarter 10% of annual rent 2nd Quarter 25% of annual rent 3rd Quarter 40% of annual rent 1yr 50% of annual rent


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2 Safe custody charges Existing Charges Revised Charges a) Scrips (for each scrip) Rs.100/- per script Min. Rs.200/- p.a. or

part thereof a) Rs.102/- per scrip. Min. Rs.204/- p.a. or part thereof

Manually

b) Sealed cover (for each cover) Rs.200/- per cover p.a. or part thereof b) Rs.204/- per cover p.a. or part thereof.

Manually

c) Bank’s own deposit receipt NIl

c) Nil N.A

3 Safe deposit articles Existing Charges Revised Charges Rs.500/- one time charges Rs.509/- one time charges Manually

Rs.100/-per envelope p.a.

Envelop - Rs.102/- p.a.

Manually

Rs.500/- per Packet p.a. Packet: Rs.509/- p.a.

Manually

Rs.1000/- per Large packet/box p.a. Subject to max. total dimension (i.e. length+ width +height) should not exceed 100 c.m. If exceed 100 c.m. Rs.20 per cm. (subject to availability of space)

Large packet / Box Rs.1019 p.a. (100 cm-max) Beyond that Rs.20/- per. cm.

Manually

4. BASIC SERVICE CHARGES RELATING TO

DEPOSIT ACCOUNTS (ALL SEGMENTS)

Existing Charges Revised Charges

4.1 Issue of MICR cheque –SB (Only Multicity/CTS-2010 standard cheques will be issued

Rs.3.00 per cheque leaf Rs.2.00 per cheque leaf. First 50 leaves

Multicity Cheque book free

Emergency Cheque request (10 leaves

set):Rs.2/-per leaves.

System

Manually

4.2 Issue of MICR cheque –CA/CC(Only

Multicity/CTS-2010 standard cheques will be issued

Rs.3.00 per cheque leaf Rs.2.00 per cheque leaf. First 100 leaves Multicity Cheque book free. Emergency Cheque request (10 leaves set): Rs.2/- per leaves

System

Manually

4.3 Quarterly Average Balance (QAB)-Non maintenance charges- Current Account (All Segments)

Rs.1000/- per qtr.

Rs.611/- per quarter ( all segment)

System

4.4 Quarterly Average Balance Non Maintenance charges- Savings Bank account

All segment -NIL

All segment -NIL

N.A


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4.5 Issue of Pass book NIL Nil N.A

4.6 Duplicate Pass book/Statement(Saving Bank Account, Current Account & Cash credit Account)

With latest Balance Rs.100/- additional Rs.100/- per folio (40 entries) for additional previous entries

-Rs.102/- with latest balance, additional -Rs.102/- per 40 entries, for previous entries. Monthly Statement of Current Account/CC Account- NIL

System

4.7 Stop payment instructions Rs.50/- per instrument up to 3 leaves

Rs. 51/- per instrument up to 3 leaves. Range of Cheques Rs.204/-

System

4.8 Balance enquiry Nil Nil

N.A

4.9 Account closure:

A/c closure upto 6 months A/c closure after 6 months but before 12 months

Individual Rs.250/- Companies Rs.1000/- Individual Rs.150/- Companies Rs.500/-

Within 14 days:- NIL Beyond 14 days-upto 6 months: Rs.255/-(individual),Rs. 1019/-(Company) After 6 months but before 12 months: Rs.153/-(Individual), Rs.509/-(Non- Individual)

Manually

4.10 Transfer of Account( SB/CA) Rs.100 per occasion (inclusive of postal charges)

Rs.102/-(inclusive of postal charges).

Manually

4.11 Cheque returned charges – (for insufficient fund only) Cheques drawn on us. (Local /Outstation) (Outward & Inward clearing

-For Cheques upto Rs.1,00,000/-, Rs.100/-+out of pocket expenses if any -For cheques above Rs.1,00,000/-, Rs.200/- + out of pocket expenses if any

-Cheque upto Rs.1.00 lacs: Rs.102/-+Out of pocket expenses, if any. -Cheque above Rs.1.00 lacs: Rs.204/-+ Out of pocket expenses, if any.

System

4.12 Cheque return charges- cheque drawn on us (for technical reason, other than link/system/ power failure)

Rs.75/- + other bank charges if any Rs. 76/+ Other Bank’s charges ( No charges will be recover, where the customer is not at fault)

Manually

4.13 Cheque Returning charges of Post Dated Cheque (PDC)

If PDC for loan repayment is returned unpaid, a penalty of Rs.250/- per cheque will be recovered in addition to the penal interest.

If PDC for loan repayment is returned unpaid, a penalty of Rs.281/- per cheque will be recovered in addition to the penal interest.

Manually

4.14 Cheque/bills deposited with us:-returned unpaid by other banks– (Local/Outstation)

For Cheques upto Rs.1,00,000/-, Rs.100/- + out of pocket expenses if any For Cheques above Rs.1,00,000/-, Rs.200/- + out of pocket expenses if any

-Cheque/bill upto Rs.1.00 lacs: Rs.102/-+Out of pocket expenses, if any. -Cheque /bill above Rs.1.00 lacs: Rs.204/-+ Out of pocket expenses, if any.

System


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Cheque returned charges. (for technical reasons)

Rs.75/- + other bank charges if any

4.15 Signature verification Rs.100/- per instance Rs.102/- per instance. Manually 4.16 Balance Certificate Rs.100/- per instance Rs.102/- per instance. Manually 4.17 Interest Certificate First Free

Extra copy Rs.100/- per certificate Rs.102/- per instance. Manually

4.18 No dues certificate

Priority sector – No charges Rs.100/- per instance

Priority sector – No charges. Others Rs.102/- per certificate

Manually

4.19 Presentation of Usance Bills Rs.100 per instance Rs.102/- per instance. Manually 4.20 Photo Attestation charges Rs.100/- Rs.102/- per instance. Manually 4.21 Record–copy of the cheque Rs.100/- per instance Rs.102/- per instance. Manually 4.22 Enquiries relating to old records.

(more than 12 months) Rs.100/- per item Rs.102/- per item Manually

4.23 Solvency certificate Non-Commercial :Rs.300/- Commercial:- Rs.250/- per lac

Min. Rs.1000/- Max. Rs.15000/-

Non-Commercial:- Rs.306/- Commercial:- Rs.255/- per lacs, Min. Rs.1019/-Max. Rs.15280/-

Manually

4.24 Postal charges Ordinary Rs.15/- Regd / Speed post/courier:Rs.35/-

Ordinary: Rs.15/- Regd/Speed post/courier: Rs.36/-

Manually

4.25 Failed S.I. Rs.25/ Rs.25/ Manually 4.26 Failed EMI charges Rs.25/ Rs.25/ Manually 4.27 Issue of Deposit at Call receipt(payable at

branch) Nil Nil N.A

4.28 Cash Handling charges for CA/CC account (other than P. Seg. customer)

Rs.100/- per bundle

Max. 10,000/-(upto one bundle:-NIL)

Upto one bundle( 1000 pieces) : NIL More than one bundle: Rs.102/- per bundle, max. Rs.10187/-

Manually

4.29 Allowing operations through Power of Attornerny/ Mandate

Rs.500/- per annum

Rs.509/-

Manually

4.30 Inoperative account

No service charges if stipulated minimum balance requirement is complied with in the A/c. Otherwise charges applicable for

SB a/c - NIL C A/c: Linked to AQB

Manually


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non-maintenance of minimum balance. If the amount is less than the applicable charges then the account to be closed and advised to the customer.

4.31 Charges for excess debit entries in SB

Rs.5/- per entry (For entries over 30 per ½ year) (Other than SBP alternate channel transactions)

Rs.5/- per entry. (For entries over 30 per ½ year)(Other than alternate channel/ATM txn. Other than SBP ATMs).

System

4.32 Setting up of Standing Instruction (SI) including SI for other than Bank transfer

Rs.50/- Rs.51/- System

4.33 Processing of SI (other than Bank transfers)

Rs.25/- + remittance charges+ postage Rs.25/-+ remittance charges + postage (Remittance & Postage charge Manually)

System

5. Remittance & Collection Facility 5.1 Issue of Demand Draft/ Bankers’ Cheque

Upto 5,000/- Rs.25/- Above Rs.5,000/-upto Rs.10,000/- Rs.40/- Above Rs.10,000/- upto Rs.1.00 lacs: Rs.3/- per 1000/- or part thereof, Min Rs.50/- Above Rs.1,00,000/-Rs.2.50 per Rs.1000/- or part thereof In addition to above charges, cash handling charges or Rs.10 per draft whichever is higher.

Upto 5,000/- Rs.10/- Above Rs.5,000/-upto Rs.10,000/- Rs.41/- Above Rs.10,000/- upto Rs.1.00 lacs: Rs.3/- per 1000/- or part thereof, Min Rs.51/- Above Rs.1.00 lac: Rs.3/- per 1000/-or Part thereof. Min. Rs.306/-and Max. Rs.12733/- For remittances by cash deposit, cash handling charges will be extra or Rs.10/- per draft, whichever is higher

System Manually

5.2 Revalidation/cancellation drafts/ Bankers’ cheque

Rs.100/- per instrument

Rs.102/- Manually

5.3 Issuance of duplicate demand draft/Bankers’ cheque

Rs.100/- per instrument

Rs.102/- per draft Manually

5.4 Collection of Bills Upto Rs.5,000/- Rs.50/- Above Rs.5,000/- and upto Rs.10,000/-

Rs.75/- Above Rs.10000/- Rs.6/- per thousand

Upto Rs.5,000/- Rs.51/- +$ Above Rs.5,000/- upto Rs.10,000/-

Rs.76/- +$ Above Rs.10,000/- Rs. 6/- per

Manually


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Min. Rs.100/- Max. 12,500/- + Out of pocket expenses

1000/- Min. Rs.102/- Max. Rs.12,733/- + $Note: $ = out of pocket expenses

5.5 Collection of Outstation Cheques (inclusive of postage and out of pocket expenses.)

Upto Rs.5,000/- Rs.25/- Above Rs.5,000/- upto Rs.10,000/-

Rs.50/- AboveRs.10,000/-upto Rs.1.00 lac

Rs.100/- Above Rs.1.00 lacs upto Rs.5.00 lac Rs.200/- Above Rs.5.00 lacs upto Rs.10.00 lac Rs.225/- Above Rs.10.00 lacs Rs.250/-(Max)

Upto Rs.5,000/- Rs.28/- Above Rs.5,000/- upto Rs.10,000/- Rs.56/-

Above Rs.10,000/-upto Rs.1.00 lac

Rs.112/- Above Rs.1.00 lacs upto Rs.5.00 lac Rs.225/-

Above Rs.5.00 lacs upto Rs.10.00 lac Rs.253/-

Above Rs.10.00 lacs Rs.281/-(Max)

System

5.6 DD Purchase Outstation cheque Interest 0.50 % + collection charges + out of pocket expenses. In case of cheques returned unpaid interest at 16% p.a. after adjusting the amount collected 0.50%.

Interest 0.50%+ collection charges+ out of pocket expenses. In case, cheque returned unpaid, interest 16% p.a. after adjusting the amount collected 0.50%.

System

5.7 Collection of cheques under Speed Clearing System for SB a/c customer. (inclusive of postage and out of pocket expenses.)

Upto and Including Rs.1.00 lac: NIL Above Rs.1.00 lacs upto Rs.5.00 lac Rs.175/-

Above Rs.5.00 lac upto Rs.10.00 lac Rs.200/-

Above Rs.10.00lac Rs.225/-

Upto and Including Rs.1.00 lac: NIL Above Rs.1.00 lacs upto Rs.5.00 lac

Rs.197/- Above Rs.5.00 lac upto Rs.10.00 lac

Rs.225/- Above Rs.10.00lac Rs.253/-

System

5.8 Collection of cheques under Speed Clearing System for CA a/c & other customers. (inclusive of postage and out of pocket expenses.)

Upto Rs.1.00 lac: Rs.20/-

Above Rs.1.00lac upto Rs.5.00 lac Rs.175/-

Above Rs.5.00lac upto Rs.10 lac Rs.200/-

Above Rs.10.00lac Rs.225/-

Upto Rs.1.00 lac: Rs.22/- Above Rs.1.00 lac upto Rs.5.00 lac

Rs.197/- Above Rs.5.00 lac upto Rs.10.00 lac

Rs.225/- Above Rs.10.00lac Rs.253/-

System

5.9 Payment of Deposit receipts to another bank

Local Charges as applicable for Banker’s Cheque outstation charges as applicable to remittances.

Local Charges as applicable for Banker’s Cheque outstation charges as applicable to remittances.

Manually

5.10 SMS alert charges N.A RS.15/- (Inclusive of service tax)per quarter) System 6. Debit Card Related Charges

6.1 ATM cum debit card Silver card NIL Platinum Debit Card Rs.300/-

Silver NIL Platinum Debit Card: Rs.306/-

Manually


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Gold international debit card Rs.100/- Gold international debit card Rs.102/- 6.2 ATM cum Debit Card – Annual

Maintenance fee from the second year of issuance

Rs.100/- Rs. 102/-

Recovered at CDC Belapur through Trickle feed once a year

6.3 Card Replacement Charge Rs.200/- Rs.204/-

Manually

6.4 Duplicate PIN/Regeneration of PIN Rs.50/-

Rs.51/- Manually

6.5 ATM card/PIN/KIT returned by courier due to wrong address

`50/- Rs.51/- Manually

6.6 Transaction charges for ATM usages: SBI Group ATMs ATM linked National Financial

Switch(NFS) utpo 5 transactions in a month in SB a/c.

Beyond 5 transactions in SB a/c Other than SB a/c-

Nil Nil Nil Nil

Nil Nil Rs.20/- per transaction Rs.20/- per transaction

System

6.7 Transaction charges for other services on ATMs:

Utility Bill Payment All Temple Trust

Donations Fee Payment for Education Institutions.

All Mobile Top up Card to Card

Transfer.

N.A.

Nil

N.A

6.8 On line request for Draft Issue N.A. Upto Rs.10,000/- NIL Above Rs.10,000/- upto Rs.1.00 lac : Rs.50/-Above Rs.1.00 lac. Rs.100/-

Manually

6.9 eZ-Pay card: Issuance fee Rs.100/- Issuance fee: Rs.102/- Reloading charges: Rs.10/-

INB End/


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Replacement of card/PIN Rs.102/-Refund of unspent amount at SBP Branches Rs.102/-

Manually

6.10 Gift Card Issuance fee Rs.100/- Issuance fee: Rs.102/- Replacement Card: Rs.102/-

System

6.11 IRCTC Fee N.A. Rs.10/-

System

6.12 Online Air ticket booking through merchant site N.A. Rs.50/- per transaction System 6.13 Income Tax, Service Tax and Excise

duty payment N.A. Nil

N.A

6.14 On line Custom Duty payment, Central Railway Freight Collection, Collection Module for Corporate.

N.A. Nil N.A

7 ELECTRONIC TRANSFER CHARGES (ALL SEGMENT)


Sr. No.

Inter-Core Charges between our branches Max. Amt.

Charges Max. Amt.

Charges

7.1 Transfer transaction between SBP branches Local/Outstation

Subject to restriction for non-home transactions for different branches.

NIL Subject to restriction for non-home transactions for different branches.

Nil System

7.2 Cash Transaction between SBP Branches: Local /Outstation


A.Deposit of cash at non-home CBS branches Upto Rs.50000/- (Deposit of cash above Rs.50000/- subject to prior approval of Controller of the branch receiving the cash)

Upto Rs. 50000/- - Free Above Rs.50000 & upto Rs.1 lac Rs.100 /- Above Rs. 1 lac– Rs.100/ per lac or part thereof

P-Segment-Rs.25,000/- SME Segment- Rs.2.00 lac per day

Rs.2/- per 1000. min. Rs.10/- per transaction

System

B.Encashment of cheque at non home branch Cash upto Rs.50,000/- Transfer- for cheque upto Rs.5 lacs Charges above Rs.5 lacs&upto`10 lacs

Free Rs.25 per transaction Rs. 50/- per transaction

P-Segments; Max. limit: Rs.50,000/- SME segment: Max. Limit:1.00 lacs

Free Free upto Rs.50,000/- Rs.2/- per Rs. 1000 above 50,000/-

System


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7.3 ECS(Credit) -As Destination Bank -As Sponsor Bank

-NIL -Rs.7.00 per entry(Min Rs.2750/-)

-As Destination Bank -As Sponsor Bank

-NIL -Rs.7.00 per entry(Min Rs.2750/-)

Manually

7.4 ECS(Debit) -As Destination Bank -As Sponsor Bank

-NIL Rs.3.50 per entry ( Min Rs.1400/-)


-NIL Rs.3.50 per entry ( Min Rs.1400/-)

Manually

7.5 ECS(Debit) Return for non availability of funds in customer account


Rs.50 -NIl


Rs.50/- -NIl

System

7.6 Charges for certifying of verifying customer mandates


-NIL -NIL


-NIL -NIL

N.A

8. NEFT


Transaction Slab Charges Transaction Slab Charges Upto Rs.10,000- Nil Upto Rs.10,000- NIl Manually Upto Rs.1.00 lac Nil Upto Rs.1.00 lac Nil Manually Above Rs.1.00 lac to

2.00Lacs Rs.15.00 Above Rs.1.00 lac to

2.00Lacs Rs.15.00 Manually

Above Rs.2.00 lacs Rs.25.00 Above Rs.2.00 lacs Rs.25.00 Manually 9. RTGS Customer Transactions (R-41) Existing Charges Revised Charges Time of settlement at the RBI

From To Transaction Slab Charges Transaction Slab Charges 9.00 Hours 12.00 Hours Rs.2.00 lacs to Rs.5.00

lacs Rs.25 Rs.2.00 lacs to

Rs.5.00 lacs Rs.25 Manually

Above Rs.5.00 lacs Rs.51 Above Rs.5.00 lacs Rs.51 Manually After 12.00 Hours 15.30 Hours Rs.2.00 lacs to Rs.5.00

lacs Rs.26 Rs.2.00 lacs to

Rs.5.00 lacs Rs.26 Manually

Above Rs.5.00 lacs Rs.52 Above Rs.5.00 lacs Rs.52 Manually After 15.30 Hours 16.30 Hours (on week

days) Rs.2.00 lacs to Rs.5.00 lacs

Rs.31 Rs.2.00 lacs to Rs.5.00 lacs

Rs.31 Manually

Above Rs.5.00 lacs Rs.56 Above Rs.5.00 lacs Rs.56 Manually 10. RTGS Inter-Bank Transactions (R-42) Existing Charges Revised Charges Time of settlement at the RBI

From To Transaction Slab Charges Transaction Slab Charges 9.00Hours 12.00 Hours Rs.2.00 lacs to Rs.25 Rs.2.00 lacs to Rs.25 Manually


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Rs.5.00 lacs Rs.5.00 lacs Above Rs.5.00 lacs Rs.51 Above Rs.5.00 lacs Rs.51 Manually

After 12.00 Hours

15.30 Hours Rs.2.00 lacs to Rs.5.00 lacs


Rs.26 Manually

Above Rs.5.00 lacs Rs.52 Above Rs.5.00 lacs Rs.52 Manually After 15.30 Hours

18.30 Hours (on week days)

Rs.2.00 lacs to Rs.5.00 lacs


Rs.31 Manually

Above Rs.5.00 lacs Rs.56 Above Rs.5.00 lacs Rs.56 Manually 11. SWIFT CHARGE N.A Rs.600 flat per transaction Manually

NOTE:- i) Charges are to be recovered from the account where the credit is afforded. However, no recovery shall be effected from the

accounts of customer exempted under special schemes. ii) Charges recovered are to be credited to the branch which puts through the transactions. iii) DGM modules have the discretion to reduce the maximum cash withdrawal limit per non-home transaction at non-chest

branches. iv) Non-home transactions will be allowed to be conducted without any service charges from all Staff/SBP Pensioners and Staff of

Associates. i) Above charges are applicable to all type of transactions, including interbank funds transfer (RTGS R-42). ii) As above charges are all inclusive, no additional charges such as Courier charges, out of pocket expenses etc., need to be

levied from the customers, except where specified. iii) The charges are applicable only to transactions originated and payable within India. iv) To reduce the Clearing Cycle and to promote electronic mode of payment, the drawee branches should use electronic modes

like RTGS/NEFT, wherever available, to remit proceeds to the collecting branches.


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NOTE: 11A.CONCESSIONS IN SERVICE CHARGES i) Service charges for certain categories of customer like individuals in rural areas, pensioners and senior citizens, the service

charges have been reduced to 50% of applicable prescribed charges in respect of following services :(Concessions for different categories of customers at branch level only) a) Issue of duplicate Passbook/statement of accounts. b) Issue of cheque books. c) Noting of Standing Instructions. d) Stop payment instructions. e) Charges for non-maintenance of minimum balance. f) Issue of balance certificate. g) Signature verification. h) Ledger folio charges.

ii) No service charges will be levied for “no frill” accounts. iii) Following discretion is vested with officials for giving concession over card rates at various levels:

a) Branch Manager upto SMGS:IV incumbency-25%

b) Asstt. General Manager/ Branch Manager (Scale-V)-50%

c) DGM module/ DGM headed Branch:75% d)General Manager (Network):-100%

iv) BPR entities and Managers of Division will also exercise powers in respective grades as above in regard to concession in service charges.

v) The charges are inclusive of Service Tax and no separate recovery is required to be made. 11B Service charges concession to defence person

1 Collection of Cheques/ Instruments At Par Collection Of salary/terminal benefits/pension cheques 2 Remittance At par remittance to the family. 3 Remittance One time at par remittance facility for payment of school /college

fee in a calendar year . 4 Custody of wills At par custody of wills 5 Standing instructions In house standing instructions-free of charge

In case of all at par transactions out of pocket expenses as actually incurred will be required to be recovered from the beneficiaries.


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12 PERSONAL SEGMENT ADVANCE RELATED SERVICE CHARGES (Home Loan Processing Fee)

Existing Charges Revised Service Charges

12.1 Home Loan (all types of home loans under this scheme)

Upto Rs. 25 lacs 0.25% of loan amt. Upto Rs.25 lacs 0.25% of loan amt. Min. Rs. 1000/-

System

Above Rs. 25 lacs and upto Rs. 75 lacsRs.10000/-

Above Rs.25 lacs and upto Rs. 75 lacs Rs. 6500/-

System

Above Rs. 75 lacs- Rs. 20,000/- Above Rs. 75 lacs- Rs.10,000/- System 12.2 Rural Housing (Gram Niwas) Nil NIL N.A 12.3 SBP-Reverse Mortgage Loan 0.50% of the loan amount, minimum

Rs.500/- and maximum of Rs.10000/- 0.51% of the loan amount, minimum Rs.562/- and maximum of Rs.11236/-

System

13 Processing Charges for Auto Loans 13.1 SBP Car Loan 0.50% of Loan Amount 0.51% of Loan Amount: Min. Rs.1020/-

Max. Rs.10200/ Rs.510/- (under Special Salary Package) Rs.5100/- for Mercedes cars

System Manually Manually

13.2 Used Car Loan 0.50% of Loan Amount 0.51% of Loan Amount: Min. Rs.510/- Max Rs.10200/-

System

13.3 SBP Car Loan Overdraft 0.50% of Loan Amount 0.51% of Loan Amount: Min. Rs.510/- Max Rs.10200/-

System

13.4 Two-wheeler Loan

1.10% of Loan Amount 1.22% of Loan Amount: Min. Rs.255/- Max. Rs 510/-

System

14 Processing Charges for other ‘P’ Segment Loans

14.1 Loan against mortgage of the immovable property

2% of the limit sanctioned Max. Rs.50000/-

2.02% of Loan Amount Max. Rs.50,933/-

System

14.2 SBP Rent Scheme 2.00% of Loan Amount Max. `100000/-

2.02% of Loan Amount Max. Rs.1,01,,865/

System

14.3 Gold Loan (a) For loan upto Rs.25000/- (b) For loan above Rs.25000/- (c) Above Rs.1 lac

Rs.200/- per application Rs.250/- per application 0.50% of the loan amount or 500/- per application whichever is higher.

Rs.511/- 1.01% of loan amt. or Rs.1022/- whichever is higher. 0.51% of the loan amount or `563/- per application whichever is higher.

Manually

14.4 Advances against RBI Relief Bond 1.10% of the loan amount 1.01% of Loan amount System 14.5 Career Loan 0.50% of the loan amount 0.51% of Loan amount System 14.6 Loan to pensioner NIL NIL N.A


15

14.7 SBP Gyan Jyoti NIL NIL N.A 14.8 Personal Loan Scheme 1.00% of the loan amount + service tax 1.01% of the loan amount System 14.9 SBP Earnest Money Loan 0.50% of the loan amount, minimum

Rs.100/- 0.51% of the loan amount, minimum

Rs.101/-System

14.10 Loan against Demat Units of open Ended scheme of SBI Mutual fund

1.10% of the loan amount 1.01% of the loan amount System

15 ADVANCES RELATED SERVICE CHARGES (OTHER THAN “P” SEGMENT& Agriculture)

Loan Processing Charges Up to Rs.25,000/- Above Rs.25,000/- but up to Rs.2 Lacs Above Rs.2 lacs but up to 1 crore Above Rs.1 crore Externally rated Borrowers: For “AAA” & ‘AA’ rated borrowers ‘A’ rated borrowers

-Fund based + Non-fund based limits Nil -Rs.300/- -Rs.300/- per lac -Rs.250/- per lac Min Rs.30000/- Max Rs.12 lac (To be charged on adhoc limits also) (For C&I charges refer circular No.S&P/24 dated 8th September,2007)

Fund based + Non-fund based limits-Nil Rs.500/- 0.30% of loan amount, Max. Rs.30 lacs -----------do---------- 0.15% of loan amount, Max. Rs.15 lacs. 0.20% of loan amount, Max. Rs.20 lacs.

System

Manually

1.No processing charge to be recovered on loans against our own deposits, Govt. securities, NSCs, KVPs, IVPs etc. 2.25% processing charge or Rs.1 lac flat, whichever is lower, to be recovered up-front for limit up to Rs.100 crore, above which flat Rs.5 lac will be recovered up-front fee. Full processing fee may be recovered at the time of actual disbursement and initial fee adjusted from this fee. 3.Processing charges are not applicable for term loans, as upfront fee will be recovered. 4.The charges are to be recovered at the time of initial processing as well as each renewal (i.e. annual). 5.Where account could not be renewed in time due to delayed submission of data by the borrower, the charge is to be recovered for continuing the advance. 6. In respect of PMRY/SGSY and other Govt. sponsored schemes, recovery of service charges will be in accordance with the terms of the scheme.

16 Upfront fee -Term Loans to all Micro Enterprise units

under MSME Act -Term Loans above Rs.2 lacs but up to Rs.5 crore (other than Micro Units) -Term Loans above Rs.5 cr. but up to Rs.25 cr.

N.A 1.25% of loan amount 1.50% of loan amount 1.00% of loan amount Min. Rs.15 lac (To be charged on short term

NIL 1.25% of loan amount. 1.00% of loan amount (Min.Rs.6.25 lac)

System


16

-Term Loans above Rs.25 cr. For Externally rated Borrowers: -AAA &AA rated -A rated -For Scheme, where Refinance is obtained.

corporate loans also) As specified by refinancing agency

0.80% of loan amount (Min. Rs.25 lac) -0.50% of loan amount (Min.2.50 lacs) -0.60% of loan amount (Min.Rs.3 .00 lacs). -As specified by Refinancing Agency (to be charged on Short Term Loans also).

Manually

17 Project Appraisal Fee Project cost

Up to Rs.25 cr. Above Rs.25 cr. but up to Rs.50 cr. Above Rs.50 cr. but up to Rs.100 cr. Above Rs.100 cr.

% of Project (Rs. in lacs) Cost Min. Max. 0.50 2.50 12.50 0.40 12.50 20.00 0.30 20.00 30.00 -- 30.00 Negotiable

% of project (Rs. in lacs) Cost Min .Max . 1.00 10.00 25.00 0.75 25.00 37.50 0.50 37.50 50.00 ---- 50.00 Negotiable

Manually

18 Lead Bank Fees Not less than 0.15% p.a. on fund based working capital limits extended by the consortium. A higher percentage where feasible Max. Rs.30 lacs

0.50% p.a. on fund based and Non-fund based limits extended by consortium with a cap of Rs.50.00 lacs or the processing charges on entire WC limits whichever is higher.

Manually

19 Revalidation of Sanctions*** Working Capital Term Loan

*** Not applicable for revalidation of pricing approvals.

50% of the applicable processing charges. 50% of the applicable Upfront charges.

50% of the applicable processing charges. 50% of the applicable Upfront charges.

Manually

20 Pre-Payment Charges (other than P. Segment)

(Refer Circular No.SP/SNP/28/08-09 dated 10th November,2008)

2% of the pre-paid amount(loans prepaid from own resources will not attract prepayment/pre-closure charges).

System

21 Allocation of limits Rs.10000/- p.a. for allocation of limits to each branch. (To be recovered by controlling branch). In case of advances moved from one business unit to another at Bank’s instance- No charge

Rs.15000/- p.a. for allocation of limits to each branch. (To be recovered by controlling branch.) In case of advances moved from one business unit to another at Bank’s instance – No charge

Manually


17

22 Equitable Mortgage(SME & C&I only) ( Once the maximum charges for one slab stands recovered, no equitable mortgage charges to be recovered for the further renewal/ enhancement till the new slab starts. However, while there is a substitution of title deeds, charges shell be recovered a fresh.)

Per borrowings entity with FB limits of Up to Rs.10 lacs - Rs.500 per lac Above Rs.10 lac but upto Rs.5 crore -

Rs.15000/- Above Rs. 5 crore – Rs.20000/-

-Per borrowing entity with FB limits of up to Rs.10 lacs: Rs.500 per lac

-Above Rs.10 lac but up to Rs.5 crore: Rs.15000/-

-Above Rs.5 crore: Rs.25 per lac, Min. Rs.25,000/-and Max. Rs.40,000/-

Manually

1.The charges are applicable for extension of mortgage for enhancement on enhanced portion of credit limit and for substitution of title deeds also. 2.The charge specified is applicable per instance irrespective of the number of title deeds. 3.The charge is applicable for extension of equitable mortgage recorded in favour of other lenders also.

23 Commercial Paper Issuing & Paying Agency Commission

0.15% p.a.

0.15% p.a. Manually

24 Commitment Charges Working Capital (WC) For all fund-based limits irrespective of size of the loan (Exemptions WC Limits of Sick/Weak Units, Export Credit, Purchase/ Discounting of Bills, Against Bills for Collection, Commercial Banks/ FIs/ Co-op Banks/LDBs, Pre-sanctioned Lines of credit).

0.25% p.a. on the entire unutilized portion if average utilization is 60% or less To be levied half-yearly

If Average Utilisation is • More than 75% : No charges. • Between 50-75% : 0.25% p.a. (to be recovered on entire unutilised portion on quarterly basis.) • Less than 50% : 0.50% to be recovered on entire unutilised portion on quarterly basis. • In case of Standby Line of Credit(WC) :1% of Up-front fee (to be levied half yearly)

Manually

25 Term Loans For all term loans.(irrespective of working capital limits)

1.20% for delayed draw down beyond 2 month

1.20% for delayed draw down beyond 2 month.

Manually

26 Inspections Charges Up to Rs.25,000/- Over Rs. 25,000/- &upto Rs.2 lacs Above Rs.2 lacs but up to Rs.1crore

Above Rs.1 crore but up to Rs.5crore

Above Rs.5 crore

For Outstation Inspection

Nil Rs.500/- p.a. Rs.500/- per lac p.a. for inspection within same municipal limits or within an 8 Km. radius of the location of the Branch, with i) Amaximum of Rs.12000/- p.a. for inspection stipulated at monthly intervals. ii) A maximum amount of Rs.9000/- p.a. for inspections stipulated at quarterly intervals iii) A maximum amount of Rs.6000/- p.a. for inspections prescribed at half yearly

-Nil -Rs.500/- p.a. -Rs.250/- per lac p.a Max. of Rs.10,000. (with in same municipal area) -Rs.100/-per lac p.a. Max. Rs.20,000/- (with in same municipal area). -Actual charges + 25% of above (i.e.Rs.20,000/-)subject to a Minimum of Rs.25,000/-p.a. -Actual charges + 25% subject to a minimum of Rs. 15000/- p.a.

Recovered at CDC Belapur through Trickle feed once a year Limit up to Rs.2.00 Lac above Rs.2.00 Lac recovered manually.


18

For WC limits such as CC/EPC limits etc.: recovery of inspection charges should be levied in one account only. All other instructions will remain unchanged.

intervals. iv) Amaximum amount of Rs.3000/- p.a. for inspections prescribed at yearly intervals.

For outstation inspection or beyond 8 Km radius of the location of the Branch actual Charges + 25%, subject to (i) a Minimum of Rs.10000/- p.a. for inspections stipulated at monthly intervals (ii) a minimum of Rs.7500/- p.a. for inspections stipulated at quarterly intervals. (iii) a minimum of Rs.5000/- p.a. for inspections stipulated at half yearly intervals. (iv) A minimum of Rs.2500/- p.a. for inspections stipulated at yearly intervals.

27 Documentation Charges For Large Corporates (Limit above Rs.100 crore) Modification of Standard documents viz.

CF1, CF2, CF3 etc. Drafting of documents for special purpose,

eg .Registered Mortgage, Corporate loans, Post Merger Documents, Hypothecation documents for Fixed Assets or Current Assets alone etc.

Drafting of documents for Syndicated Term Loan.

Memorandum of Entry for Creation of Equitable Mortgage and Drafting of Declaration by the Company regarding Deposit of Title Deeds(no specific documents are available)

For Other Customers. Loan above Rs.1 crore & upto Rs.5 crore. Loan above Rs.5 crore

Above Rs.5 crore Rs.12000/- *Where Equitable Mortgage charges are recovered, documentation charges will not be recovered. up to 50% of documentation charges may be waived by sanctioning authority, strictly on business consideration.

N.A. Above Rs.5 crore Rs.12000/-

-Rs. 1 lac -Rs.2 lacs per facility. -Rs.10 lacs. -Rs.1 lac (In this case, EM charges will not be recovered separately) -Rs.10,000/- -Rs.20,000/-

Manually


19

28 Inland BGs Performance guarantees as well as financial guarantees Minimum Commission Upto Rs. 5 crore Above Rs.5 cr. and upto Rs.10 cr.

Above Rs.10 cr.

For Refund of Commission for unexpired Guarantee. Upto 25% Upto 50%

Nil 2.75% p.a. 2.25% p.a. 1.75% p.a. Plus Rs.250/_ in each case as handling charges Borrowers rated SB5 & below – 0.25% p.a. over and above the normal charge

Rs.500/- 2.10% p.a. 1.60% p.a. 1.30% p.a. Discretion will be with DGM(Module) Discretion will be with GM (Network).

Manually

29 Letters of Comfort (LOC) Backed by 100% discharge of liability (viz., cash margin, sanctioned term loan, guarantee of First Class bank, 100% lien on drawing power) 0.6875%p.a.Others 2.75% p.a.Minimum charges for 3 months will be recovered.

Backed by 100% discharge of liability (viz., cash margin, sanctioned term loan, guarantee of First Class bank, 100% lien on drawing power) 0.525% p.a. Others 2.10% p.a.Minimum charges for 3 months will be recovered.

Manually

30 Exercise of Swing Option @ 0.02% of amount involved, subject to a minimum of Rs.500/- and a maximum of Rs.2500/- (No authority has been vested with discretion to reduce this service charge).

@ 0.02% of amount involved, subject to a minimum of Rs.500/- and a maximum of Rs.2500/- (No authority has been vested with discretion to reduce this service charge).

Manually

31 Inland LCs (i)Opening charges • LC upto Rs.5 core • Above Rs.5 crore to Rs.10 crore. • Above Rs.10 crore.

Minimum charge Rs.400/- Usance Charge 0.30% for Bills up to 7 days sight 0.60% for bills over 7 days sight & up to 3 months sight 0.60% for first 3 months plus 0.30% p.m. in excess of 3 months for bills over 3 months sight Plus Commitment charge – A commitment charge for the period of liability (from the date of credit to the last date of its validity) @0.30% for every period of 3 months or part thereof with a

2% p.a. 1.90% p.a. 1.60% p.a. Minimum charges 0.60% p.a. or Rs.1000/- whichever is higher. (Above charges are inclusive of commitment fees and usance charges.)

Manually


20

minimum of Rs.200/- Add on levy on the normal charge for borrowers with SB5/SBTL5/others in SSI and SB6/SBTL6 and below at6% and12% respectively. LCs up to Rs.6crore – No change (normal rate) LCs above Rs.6crores Up to Rs.6crores – normal rate For amount in excess of Rs.6crores – 85% of the normal rate. LCs above Rs.12crores Upto Rs. 6crores – normal rate For amount in excess of Rs.6 crores and up to Rs.12crore – 85% of the normal rate. For amount in excess of Rs.12crores – 70% of the normal rate.

1.In respect of LC Charges, for high value customers (i.e.for all Commercial branches, MCG branches and as decided by GM(Retail Network),customer-wise schedule of Service charges shall be prepared and enclosed to the loan sanction proposal. In the other words, there will be a rate card for every sanction with company-wise rate to be fixed by the respective Sanctioning Authority. 2.For LCs with 100% cash margin: 25% of the regular charges to be recovered. 3.For LCs established through Internet Module of Exim Bill: 90% of the regular charges to be recovered. 4.LC charges to be recovered at monthly intervals for the actual period of LC liability Outstanding in Bank’s books, with a minimum period of one month. For this purpose, broken days in a month will be treated as full month for recovery of commission.

(ii) Increasing value of credit

When the amount of credit is subsequently increased both usance and commitment charge shall be made on the amount so increased with Minimum charge of Rs.300/-

Applicable charges for the increased amount to be recovered. Minimum charge of Rs.300/-

Manually

(iii)Extension of period (including Revolving LCs)

If the extension does not run into a fresh period of 3 months, no commitment charge to be levied if the extension runs into a fresh period of 3 charge @ 0.30% for further period of 3 months Minimum – Rs.300/-

LC opening charges for the period it will be extended. Minimum Rs.300/-

Manually


21

(iv) Revolving LCs Same as per LC opening charges plus on each reinstatement, usance charge according to tenor and commitment charges @ 0.30% will be charged, on the reinstated amount – min. Rs.300/-

Same as per LC opening charges .Min. Rs.500/-

Manually

(v) Other amendments apart from extension in validity period or increase in value of LC

Flat Commission of Rs.300/- Flat commission of Rs.300/-on each amendment.

Manually

(vi) Transferable Letters of Credit Rs.400/- per transfer except when the name of the beneficiary is changed under instructions from opening Bank.

Rs.500/- per transfer except when the name of the beneficiary is changed under instructions from opening Bank.

Manually

(vii) Advising of LCs 0.06% on each LC with a Minimum Rs.1200/-

Flat Rs.1500/- Manually

(viii) Advising of amendments Rs.400 per advice Rs.500/- per advice Manually (ix) Adding confirmation As applicable to LC opening charges As applicable to LC opening Charges Manually (x) Acceptance charges An acceptance commission of 0.30% with

a minimum Rs.300/- An acceptance commission of 0.30% p.a. with a minimum of Rs.300/-

Manually

(XI) Retirement of bills under Inland LC 0.25% of the bill amount with Max. of RS.20,000/-

0.25% of the bill amount with Max. of RS.20,000/-

Manually

(xii) Non-payment /non-acceptance of Demand/ Usance Bills of Exchange on presentation/on due date

0.15% of bill amount Minimum Rs.300/-

0.15% of bill amount. Minimum Rs.500/-

Manually

(xiii) Out of pocket expenses All out of pocket expenses such as postages, telegrams, telexes, cables shall be collected from the beneficiary unless otherwise specified

No out of pocket expenses such as postages, telegrams, telexes, cables shall be collected from the beneficiary unless otherwise specified

Manually

(xiv) Guaranteeing discrepancy in documents negotiated under LCs

If payment received under reserve is credited to beneficiary’s account 0.30% with a min. of Rs.1200/-

If payment received under reserve and credited to beneficiary’s account – 0.30% with a min. of Rs.2000/-

Manually

(xv) Clean payment received under LC Flat charge of Rs.400/- Flat charge of Rs.500/- Manually (xvi) Attestation of commercial invoice

subsequent to negotiation Rs.50/- per invoice Min. Rs.150/- on each occasion

Rs.100/- per invoice. Min Rs.500/- on each occasion

Manually

(xvii) Advising amendments Rs.400 per advice

Rs.500/- per advice. Manually


22

32 (a) Bills (Demand) (1)Interest 0.50% + collection charges as applicable + out of pocket expenses (2)Bills paid beyond transit period of 13 days interest @ 16% p.a. for delayed period beyond stipulated transit period (3)Bills returned unpaid interest @ 16% p.a. from the date of purchase after adjusting the amount collected 0.50 %

(1) Interest 0.50% + collection charges as applicable + out of pocket expenses (2) Bills paid beyond transit period of 13 days interest @16% p.a. for delayed period beyond stipulated transit period (3) Bills returned unpaid interest @16% p.a. from the date of purchase after adjusting the amount collected 0.50 %

Manually

For demand bills under LCs, negotiation charges to be levied instead of collection charges (b) Discounting of Bills (Usance)*

Bills under SBP / First Class Banks LCs Bills up to 3 months. Bills exceeding 3 months but up to 6 months Bills exceeding 6 months but up to 1 year Bills exceeding 1 year but up to 3 years

Discounting rates are linked to BPR 1.5% below BPLR 1.5% below BPLR

Rates are reviewed at regular intervals based on the liquidity position of the Bank, market conditions and are now linked to Base Rate and advised from time to time.

Manually

(c) Bills under non-first class Banks’ LCs

Discount at interest rate as applicable to cash credit + collection charges as applicable + out of pocket expenses as applicable

Discount at interest rate as applicable to cash credit + Negotiation Charges as applicable +Out of pocket expenses as applicable.

Manually

(d) Non-LC bills Discount at interest rate as applicable to cash credit + negotiation charges as applicable + out of pocket expenses as applicable

Discount at interest rate as applicable to cash credit + collection charges as applicable + out of pocket expenses as applicable

Manually

1.The rates stipulated against bills under SBP / First Class banks’ LCs are applicable only for the discounting of bills which fully conform to LC terms. 2.For Demand Bills under LCs, negotiation charges to be levied instead of collection charges 3.Inland LC/ Foreign LC issued against 100% cash margin 25% of the normal charges will be recovered

33 RECOVERY OF SERVICE CHARGES FOR SERVICES OTHER THAN SANCTION OF CREDIT FACILITIES (i) Interchangeability between limits N.A. 0.01% of the limit, minimum

Rs.1,000/-, max. Rs.25,000/- Manually

(ii) Ceding of Charges on Assets N.A. 0.01% of the limit, minimum Rs.1,000/-, max Rs.20,000/-

Manually

(iii) Approval for Mergers & Acquisitions N.A. 0.05% of the limit, minimum Rs.1,000/-, max Rs.50,000/-

Manually

(iv) Rephasement of Loans/ Deferment in Loan Installments

N.A. 0.05% of the limit, minimum Rs.1,000/-, max. Rs.50,000/-

Manually


23

(v) Substitution of Collateral Security/ Personal Guarantees

N.A. 0.02% of the limit, minimum Rs.1,000/-, max.Rs.30,000/-

Manually

(vi) Release of Personal Guarantee/ Collateral Security

N.A. 0.03% of the limit, minimum Rs.5,000/-, max. Rs.50,000/-

Manually

(vii) (a) Change in Terms and Conditions/ Change in Project/ Items of Machinery

N.A. 0.01% of the limit, minimum Rs.1,000/-, max Rs.20,000/-

Manually

(vii) (b) PFSBU Proposals - Change in Terms and Conditions/Change in Project/ Items of Machinery.

N.A. 0.01% of the limit, minimum Rs.1,000/-, max Rs.5 lacs per proposal.

Manually

(viii) Other Miscellaneous Approvals N.A. 0.02% of the limit, minimum Rs.1,000/-, max.Rs.40,000-

Manually

34 APPLICATION OF PENAL INTEREST (i) Cash Credit Limits:

Irregularities in Cash Credit Account. Continuously irregular for a period beyond 60 days 2% on the entire outstanding

a) Continuously irregular for a period beyond 60 days

2% on the entire outstanding

System

in other cases 2% on the irregular portion

b) In other cases 2% on the irregular portion

System

(ii) Non submission of Stock statements a) SME/ AGL accounts (for limits beyond Rs.10 lacs) b) For all CAG/ MCG accounts

1% for the month, the stock statement is not submitted within the stipulated period

a) Rs.500/- within 10 days of due date. b) 1% for the month the stock statement is not submitted within the stipulated period.

Manually

(iii) Non submission of Renewal Data, including Audited Balance Sheet

1% for the delay, beyond 3 months from the date renewal was due

a) For Listed Companies if not submitted within 7 months- Rs.5,000/- per month. b) For others, if not submitted within 9 months- Rs.2,000/- per month.

Manually

(iv) Non compliance with Financial Covenants 1% on the entire outstanding 1% on the entire outstanding Manually (v) Term Loans

(a) Non-payment of interest /installment 2% on the entire outstandings for the period of default

1% on the entire outstanding for the period of default.

System

(b) Cross default (Default in payment of installment/ interest to other Institutions/ Banks (c) Adverse deviation by more than 20% from stipulated level in respect of any two

2% on the entire outstanding for the period of default

1% on the entire outstanding for the period of Default 1% on the entire outstanding for the periods of non-adherence subject to a

Manually


24

of the following items: (i) Current Ratio (ii) TOL/ TNW (iii) Interest Coverage ratio

minimum period of 1 year.

(vi) EPC Advance where exports do not materialize

2% over applicable CC rate from the date of advance

2% over applicable CC rate from the date of advance.

Manually

1.Submission of stock statement with delay beyond 10 days of the succeeding month to be considered as non-submission expect where period extended/ specified by the sanctioning authority. 2.The aggregate penal interest on account of non-compliance not to exceed 3% in aggregate. 3.Sick units under Rehabilitation and Non-compliance on account of Natural calamities/ extraneous reasons – Penal interest not to be levied.

35 SERVICE CHARGES FOR PROVIDING CREDIT INFORMATION REPORTS UNDER CREDIT INFORMATION COMPANIES

For Individual Customers (All Segments) 40/- Rs.50/-

Manually

For Non-Individual Customers (All Segments)

800/- Rs.500/- Manually

Others

1) Actual out of pocket expenses to be recovered in all cases, except where specifically exempted. 2) Charges for services, not enumerated above, will continue as extant. 3) Service Charges proposed above are inclusive of Service Tax. The operating units will not recover any Service Tax and Education Cessthereon from the customers

36 GOVERNMENT BANKING: CHARGES FOR e-FREIGHT FACILITY TO CUSTOMERS Inter-city transaction for all e-Fright Existing Charges Service Charges. Manually Intra-city Free Manually Inter-city per transaction

Upto Rs.20,000/- Above Rs.20,000/- but upto Rs.5.00 lacs Above Rs.5.00 lacs

N.A. Rs.100/- per transaction. Manually


25

37 FOREIGN EXCHANGE RELATED SERVICE CHARGES (A. Exports Related Transactions)

Item Existing Charges/Commission Revised Charges Commission 1. Export Bills purchased/

Negotiated/discounted a. Processing charges for each foreign currency export bill: • For bills upto US$5000 • For bills over US$5000

Rs.600/- Per bill Rs.1200/- Per bill

Rs.600/- Per bill Rs.1200/- Per bill

Manually

b. Processing charges for each rupee export bill

0.30%; Min. Rs.600/- per bill. 0.30%; Min. Rs.600/- per bill. Manually

c. For each complete set of export documents sent by the exporter directly to overseas buyer in terms of extant FEMA guidelines, while disposing of the relative GR forms.

Rs.700/- per bill. Rs.700/- per bill. Manually

d. Reimbursement charges under Letterof Credit • Upto US$5000 • Above US$5000 &upto US$ 1lac. • Above US$ 1 lac

. Rs.600/- Per reimbursement Rs.1200/- Per reimbursement Rs.1500/- Per reimbursement

Rs.600/- Per reimbursement Rs.1200/- Per reimbursement Rs.1500/- Per reimbursement

Manually

e. Forwarding export documents to another bank for negotiation to whom L/C is restricted by the bank which has booked the forward contract.

0.30% Min. Rs.1000/-. 0.30% Min. Rs.1000/-. Manually

f. For joining customer’s guarantee sand giving guarantees on behalf of customers in respect of discrepant documents.

0.20% Min. Rs.1000/-. 0.20% Min. Rs.1000/-. Manually

g. Overdue export bills purchased/negotiated/ discounted where proceeds are not received in Nostro Account within six months

Rs. 700/- per month or part thereof. Rs. 250/- per month or part thereof. Manually

h. Charges for discrepancies in export documents under L/C

US$ 50/- US$ 50/- Manually

2. Collection of Bills. a. (Both foreign currency and Rupee

0.15%; Min. Rs.600/-Max. Rs.25,000/- 0.15%; Min. Rs.600/-Max. Rs.25,000/- Manually


26

export bills) b. Export bills sent for collection where

proceeds are not received with in 6 months

Rs.700/- per month or part thereof. Rs.300/- per month or part thereof. Manually

Note: (i) Applicable also in case of deferred exports, if the relative proceeds are not received within the stipulated period. (ii) Not applicable in case of bills drawn on countries with externalization problems but paid in local currency and the exporter has obtained necessary approval from RBI.

c. For each complete set of export documents sent by the exporter directly to overseas buyer in terms of extant FEMA guidelines, while disposing of the relative GR forms.

Rs.700/- per bill. Rs.700/- per bill. Manually

d. Additional charge where proceeds of bills are received through a bank other than the collecting bank at the instance of exporter/ overseas buyer.

0.15%; Min. Rs.600/- 0.15%; Min. Rs.600/- Manually

3.Certificates Issuance of certificates/ attestation in respect of export transactions.

Rs.250/- per certificate. Rs.250/- per certificate. Manually

4. Registration of export contracts Rs.700/- flat per registration. Rs.400/- flat per amendment.

Rs.700/- flat per registration. Rs.400/- flat per amendment.

Manually

5. Processing fee for advance against Govt. sponsored incentive scheme

0.50%; Min. Rs.500/-. Max.25000/-

0.50%; Min. Rs.500/-. Max.25000/-

Manually

6. Export Letter of Credit a) Advising letter of credit (recording, scrutinising, authenticating, and verification).

Rs.1500/- flat per letter of credit Rs.1500/- flat per letter of credit Manually

b) Advising amendments Rs.600/- flat per amendment Rs.600/- flat per amendment Manually c) Confirmation charges

I. Issuance charge II. Usance charge

LCs upto`5 crore –Normal rate LCs above `5 Cores and upto` 10 crores – normal rate Upto` 5 core – Normal rate for amount in excess of `5 crores and upto`10 crores -50% of normal rate Lcs above `10 crore -upto`5 crores –normal rate -for amount in excess of ` 5 crores and upto`10 crores -50% of the normal rate for amount in excess of 1o crores25% of

*All-in-one rates applicable as quoted for import letters of Credit, below in Import Related Transactions section. -Minimum Rs.600/- for all customers. -Plus processing fee for adding confirmation Rs.1500/-

Manually


27

normal rate Minimum 600 for all customers Plus processing fee for adding confirmation for 1500/-

d) Transfer of letter of credit.

Rs.700/- flat for each advice of transfer. Rs.700/- flat for each advice of transfer. Manually

e) Acceptance commission for accepting usance drafts to be drawn on and accepted by banks in India.

0.1750% per quarter and part thereof Min. Rs.1500/-

0.1750% per quarter and part thereof Min. Rs.1500/-

Manually

b)Import Related Transactions

IMPORT LETTER OF CREDIT ISSUANCE RATES


All –in-One rates for opening of Import letters of Credit. I. Issuance charges: SIGHT IMPORT LETTER OF CREDIT LCs upto Rs.5 crore LCs above Rs.5 crore & upto Rs.10

crore. Above Rs.10 crore.

* Normal Rate; * 50% of normal rate; * 25% of normal rate Minimum RS.600/- for all customers

1.40% p.a.of LC Value (upto 10 days’ sight only) * Normal Rate;(1.40% p.a.of LC Value) * 50% of normal rate; ;(1.40% p.a.of LC Value) * 25% of normal rate. ;(1.40% p.a.of LC Value) Minimum One Quarter charges to be recovered for all customers but not less than Rs. 600/- in any case.

Manually

USANCE IMPORT LETTER OF CREDIT II. Usance charges: Normal Sight LC Issuance charges +

Usance charges: LCs upto Rs.5 crore. LCs above Rs.5 crore & upto Rs.10

crore. Above Rs.10 crore. Note Erstwhile ‘Commitment’ charges now

* Normal Rate; * 50% of normal rate; * 25% of normal rate Minimum Rs.600/- for all customers

1.08%p.a. of LC Value * Normal Rate; (1.08%p.a. of LC Value) * 50% of normal rate; (1.08%p.a. of LC Value) * 25% of normal rate. (1.08%p.a. of LC Value) Minimum One Quarter charges to be recovered for all customers but

Manually


28

termed as ‘Issuance’ charges not less than Rs. 600/- in any case.

2 Amendments to LC a) Extension of validity of LC within the period for which commitment charge has been collected.

Rs.700/- for all customers Rs.700/- for all customers Manually

b) Where extension of validity of credit goes beyond the period for which commitment charge has been collected.

Commitment charge as applicable to establishment of LCs; Min. Rs.600/-

Issuance charge as applicable to establishment of LCs; Min. Rs.600/-

Manually

c) Enhancement of value of credit Commitment and usance charge as applicable to establishment of LC.

Issuance and usance charge as applicable to establishment of LC.

Manually

d) Amendment extending the tenor of the Bill of Exchange

Usance charges @0.09% per month or part thereof.

Usance charges @0.09% per month or part thereof.

Manually

e) Amendment other than extension of validity or enhancement of tenor of the Bill of Exchange (including deferred payment LCs / Guarantees)

Rs.700/- flat for all customers Rs.700/- flat for all customers Manually

f) For revival of expired L/Cs within 3 months from date of expiry

Issuance and usance charges from the date of expiry to the validity date of revived LC.

Issuance and usance charges from the date of expiry to the validity date of revived LC.

Manually

3. Countersigning bills of exchange drawn on importers under LCs

0.1% per month; Min. 0.25% for the tenor of the bill in addition to Issuance & Usance charges

0.1% per month; Min. 0.25% for the tenor of the bill in addition to Issuance &Usance charges

Manually

4.Revolving Letters of Credit: a) Issuance charges ; All-In-One rates for opening of Import Letters of Credit SIGHT IMPORT LETTER OF CREDIT LCs upto Rs.5 crore LCs above Rs.5 crore & upto to Rs.10

crore. Above Rs.10 crore.

* Normal Rate; * 50% of normal rate;

Issuance Charges: 1.40% p.a.of LC Value*(upto 10 days’ sight only) * Normal Rate;( Issuance Charges: 1.40% p.a.of LC value) * 50% of normal rate; ;( Issuance Charges: 1.40% p.a.of LC value)

Manually


29

b) Usance charge as per tenor of bill on the

maximum amount of drawings permitted at one time.

USANCE IMPORT LETTER OF CREDIT Normal Sight LC Issuance Charges Plus Usance Charges. LCs upto Rs.5 crore. LCs above Rs.5 crore & upto Rs.10

crore. Above Rs.10crore.

Note Erstwhile ‘Commitment’ charges now termed as ‘Issuance’ charge

* 25% of normal rate. *Normal Rate; *50% of normal rate; *25% of normal rate.

* 25% of normal rate. ;( Issuance Charges: 1.40% p.a.of LC value) Minimum One Quarter charges to be recovered for all customers but not less than Rs. 600/- in any case. 1.08%p.a. of LC Value* to be recovered *Normal Rate; (1.08%p.a. of LC Value* to be recovered) *50% of normal rate; 1.08%p.a. of LC Value* to be recovered *25% of normal rate. Minimum One Quarter charges to be recovered for all customers but not less than Rs. 600/- in any case

38 For establishing L/Cs/Guarantees on deferred payment terms covering import of goods

SB1/SBTL1

Commission on the balance outstanding (b/o) at the beginning of each quarter: Upto Rs.5 crore: 0.60% of b/o

Above Rs.5 crore & upto Rs.10 crore: 0.30% of b/o

Above Rs.10 crore: 0.15% of b/o

Commission on the balance outstanding (b/o) at the beginning of each quarter: Upto Rs.5 crore : 0.60% of b/o Above Rs.5 crore & upto Rs.10 crore:

0.30% of b/o Above Rs.10 crore: 0.15% of b/o

Manually

SB2/SBTL2




Commission on the balance outstanding (b/o) at the beginning of each quarter: Upto Rs.5 crore: 0.60% of b/o Above Rs.5 crore & upto Rs.10 crore:


Manually

SB3/SBTL3 Commission on the balance outstanding Commission on the balance outstanding Manually


30

(b/o) at the beginning of each quarter: Upto Rs.5 crore: 0.60% of b/o



(b/o) at the beginning of each quarter: Upto Rs.5 crore: 0.60% of b/o Above Rs.5 crore upto Rs.10crore:


SB4/SBTL4



Above Rs.10 crore : 0.25% of b/o

Commission on the balance outstanding (b/o) at the beginning of each quarter: Upto Rs.5 crore :0.60% of b/o Above Rs.5 crore & upto Rs.10 crore:


Manually

ii) Against Govt.of India counter Guarantee or 100% cash deposit.




Commission on the balance outstanding (b/o) at the beginning of each quarter: Upto Rs.5 crore: 0.09% of b/o Above Rs.5 crore & upto Rs.10 crore:

0.075% of b/o Above Rs.10 crore:0.075% of b/o

Manually

# These charges are normally determined by consortium of banks. Rates decided by the consortium shall apply. However a floor rate of 50% of the normal charges will have to be recovered.

39 Amendments a) Extending validity period within 3 months (for which commission has already been collected).

Rs.600/- flat.

Rs.600/- flat.

Manually

b) Extending validity beyond 3months period.

Additional commission at 0.60% per quarter or part thereof.

Additional commission at 0.60% per quarter or part thereof.

Manually

40 Commission on Import Bills(under LCs) • Foreign Currency bills at the time of crystalisation or retirement, whichever is Earlier

0.125%; Minimum Rs 500/-

0.125%; Minimum Rs 500/-

Manually

• Charges on account of discrepant documents US$ 30/- from the outside party. Discrepancy charges should be stipulated at the time of opening of LC

US$ 50/- from the outside party. Discrepancy charges should be stipulated at the time of opening of LC

Manually


31

● Import bills received under Letter of Credit on which no exchange benefit accrues to opening bank

0.225% 0.30% Min.Rs.1000/- Manually

(i)Rupee bills at the time of retirement

(ii)If Bills are not retired within 10 days from date of receipt of bills in case of demand bills and on the due date in case of usance bills

0.225% addl. 0.125%

0.30%; Minimum Rs 1000/- addl. 0.125%

Manually

41 Commission on import bills (not under LC)a) Where exchange margin is earned on foreign currency bills.

0.225%

0.30%; Minimum Rs 1000/- (Maximum 20,000/-)

Manually

b) On each bill drawn in rupees and on each bill drawn in foreign currency on which no exchange margin accrues

0.35% Minimum Rs 1000/-

0.35% Minimum Rs 1000/- (Maximum 20,000/-)

Manually

c) On bills/ documents covering project imports under intergovernmental aid scheme (including those financed by international agencies like World Bank, IMF, ADB etc.) where no letters of credit are opened.

Flat 0.075%; Min. 600/-

Flat 0.075%; Min. 600/- (Maximum 20,000/-)

Manually

d) In case of documents received by importers directly from overseas exporters.

Rs.2500/- for all customers Non-customers Rs.3500/-

Rs.2500/- for all customers Non-customers Rs.3500/-

Manually

42 If the overseas remitting bank or the exporter abroad requests proceeds of collection bills to be remitted in a currency other than the currency of the bill.

Addl. Commission at 0.175% Addl. Commission at 0.175% Manually

43 Parcels

In all cases. Rs.600/- per transaction. In all cases. Rs.600/- per transaction. Manually

44 INWARD REMITTANCES 1. Type of Transaction

Manually

a) Encashment of TTs & purchase of MTs/DDs in respect of which cover has been received in Nostro Accounts

Apply TT Buying Rate, no exchange margin or interest to be charged.

Apply TT Buying Rate, no exchange margin orinterest to be charged.

Manually


32

b) Encashment of TTs & purchase of MTs / DDs where reimbursement is to be obtained in cover by drawing demand drafts on overseas branches or correspondent banks.

Apply current T.T. Buying Rate plus exchange margin @ 0.125% + interest @ 15% for a minimum period of 10 days.

Apply current T.T. Buying Rate plus exchange margin @ 0.125% + interest @ 15% for a minimum period of 10 days.

Manually

c) Encashment of customer’s personal cheques, demand drafts, international money orders, banker’s pay orders, payable abroad.

Apply current T.T. Buying Rate plus exchange margin @ 0.125% + interest @ 15% for a min. period of 10 days+ Rs.100/-.

Apply current T.T. Buying Rate plus exchange margin @ 0.125% + interest @ 15% for a min. period of 10 days+ Rs.100/-.

Manually

d) Rupee drafts issued by correspondent banks (i) Drawn on the branch where correspondent Bank Rupee Account is maintained. ii) Drawn on branch, under special arrangement, where correspondent Bank Rupee Account is not maintained

Free of charges. Free of charges.

Free of charges. Free of charges.

N.A

2. Clean payments a) Effected under instructions from foreign correspondents Stop Payment –

Payment against draft -Rs.100/- Payment against TT Rs.150/-. Payment-Rs.100/-

Payment against draft -Rs.100/- Payment against TT -Rs.150/-. Payment-Rs.100/-

Manually

b) Where the inward remittance has to be paid in foreign currency by way of ademand draft/mail transfer/payment order/ telegraphic transfer.

Rs.600/- flat per transaction. Rs.600/- flat per transaction. Manually

3.Certificates For issuing bank certificates on security paper in respect of clean remittances from abroad and/or for encashment of foreign currency travelers cheques/ foreign currency notes.

Rs.100/

Rs.100/- per certificate

Manually

Issue of certificates on Bank’s letter head (where Rupee value of inward remittance does not exceed Rs.5000/-)

Rs.100/ Rs.100/- per certificate Manually

45 OUTWARD REMITTANCES a) i) On all foreign currency outward remittances not being proceeds of import bills. ii) Issue of duplicate foreign currency draft

Individual (Rs.100/-). For other Rs 600/- per remittance plus actual out of pocket expense i.e. postage, courier & telegram charges Individual – Rs.100/ plus actual out of pocket expenses i.e.

-Individual (Rs.100/-).For other Rs 600/- per remittance plus actual out of pocket expense i.e. postage, courier & telegram charges -Individual Rs.100/-plus actual out of pocket expenses i.e. postage, courier & telegram charges Others Rs. 300/-

Manually


33

postage, courier & telegram charges Others - Rs. 300/- plus actual out of pocket expenses i.e. postage, courier & telegram charges

plus actual out of pocket expenses i.e. postage, courier & telegram charges

b) Rupee remittances Individuals- 0.125% Min.Rs.125/- in all cases. Others-0.30% Min. Rs.600/- in all cases

-Individuals-0.125% Min.Rs.125/- in all cases. -Others 0.30% Min. Rs.600/- in all cases

Manually

c) Outward remittances from FCNRB A/cs, NRE A/cs,

Free of charge Free of charge N.A

V.CLEAN INSTRUMENTS FOR COLLECTION Clean instruments sent abroad for collection

Individuals at 0.30% ; Min. Rs.300/- ; Others at 0.30%;(Min. Rs.600/- Max. Rs.25000/)

Individuals at 0.30% ; Min. Rs.300/- ; Others at 0.30%;(Min. Rs.600/- Max. Rs.25000/)

Manually

Obtaining Opinion Report for exporter / importer (both) Providing opinion reports to foreign banks, on our customers

Actual paid to outside agencies plus out of pocket expenses. USD 25/- per opinion to be recovered from foreign bank.

Actual paid to outside agencies plus out of pocket expenses. USD100/- per opinion to be recovered from foreign bank.

Manually

VI.MERCHANTING TRADE (If foreign currency remittances are received in advance by the exporter from the overseas buyer and the funds are held in Nostro account at the specific request of the exporter

No charges specified No charges specified

Commission a) On import bills received under back to back LC b) On export bills drawn by merchant exporters

0.225% 0.225%

0.225% 0.225%

Manually

VII.FORWARD CONTRACTS a) For booking sales and purchase contracts b) For each request for early delivery, extension or cancellation

Rs.700/- flat per contract Rs.700/- plus swap cost and cancellation charges wherever applicable.

Rs.700/- flat per contract Rs.700/- plus swap cost and cancellation charges wherever applicable.

Manually


34

VIII. FOREIGN CURRENCY TRAVELLERS CHEQUES Sale of foreign currency travelers cheques a) Commission on Rupee equivalent value

of travelers cheques sold to Indian residents b) Commission on foreign currency travelers cheques issued against foreign currency remittance at the request of the beneficiary

1%. 0.25%.

1%. 0.25%.

Manually

46 Guarantees:- 1. Guarantees favouring Shipping

Cos/Agencies pending production of Bill of Lading a) LCs opened by us b) Other Guarantees

-Rs.700/- flat -0.30% for 3 months -Plus 0.150% for each Addl. Month

-Rs.700/- flat -0.30% for 3 months -Plus 0.150% for each Addl. Month

Manually

2. Guarantees for Project Exports a) ECGC Cover i) 75% ii) 90%

0.50%p.a. + ECGC Premia 0.40% p.a.+ ECGC Premia

0.50%p.a. + ECGC Premia 0.40% p.a.+ ECGC Premia

Manually

b) 100% GOI Counter G’tee 0.045% per month; Minimum 0.150% 0.045% per month; Minimum 0.150% Manually c) 100% Cash Deposits to the extent of

Banks' liability

0.030% per month Minimum 0.125%

0.030% per month Minimum 0.125%

Manually

d) Other Guarantees (not covered by a/b/c above)

1.15% /p.a. 1.15% /p.a. Manually

3. Other Export Performance. G’tees, Bid Bonds etc. (other than for Project Export) &those For Deemed Exports

0.10% per month; Min. 0.30%

0.10% per month; Min. 0.30%

Manually

4. All Other guarantees 5. Guarantees issued on behalf of overseas banks/ parties (where charges are payable by overseas banks/ parties)

0.175% per month; Min. 0.30% 0.175 per month; Min.0.30%

0.175% per month; Min. 0.30% 0.175% per month; Min.0.30%

Manually


35

These charges are applicable on guarantees up to Rs.5.00 crores. Guarantees for amount of more than Rs.5.00 crores attract lower charges as per table given below:

NATURE OF GUARANTEES

DETAILS OF CHARGES TO BE LEVIED ON THE PORTION OF AMOUNT EXCEEDING RS.5 CRORES

CATEGORY OF CUSTOMERS

SB1 SB2 SB3 SB4 SB1 SB2 SB3 SB4 & BELOW 1.Guarantees Favouring

Shipping Cos / Agencies pending production of B/L a) L/C opened by us b)Other Guarantees

Rs.250 0.200% For 3 months+ 0.100%for each additional month




Rs.250 0.200% for 3 months +0.100% for each additional month

Rs.250 0.200% for 3 months +0.120% for each additional month

Rs.500 0.250% for 3 months + 0.120% for each additional month

Rs.500 0.250% for 3 months + 0.150% for each additional month

2.Guarantees for Project Exports a) ECGC cover i) 75% ii) 90% b) 100% GOI Counter Guarantee c) 100% of Cash Deposits Other Guarantees (not covered by a/b/c above)

0.300 % p.a. + ECGC Premia 0.250% p.a. + ECGC Premia 0.300% p.a. 0.250% p.a. 0.750% p.a.



0.450% p.a. + ECGC premia 0.350% p.a. + ECGC premia 0.300% p.a. 0.250% p.a. 1.00% p.a.




0.450% p.a. + ECGC premia 0.350% p.a. + ECGC premia 0.300% p.a. 0.250% p.a. 1.00% p.a.


36

3. Other Export Performance Guarantees, Bid Bonds etc. and those for Deemed Exports

0.065% per month Min 0.250%








4. All Other Guarantees 0.090% per month Min 0.250%



0.150% per month Min 0.250




0.150% per month Min 0.250

47 Miscellaneous Existing Charges Revised Charges X. OUT OF POCKET EXPENSES SUCH

AS TELEX/ CABLE/ CORRESPONDENT BANK’S CHARGES

N.A. Actual to be recovered. Manually

XI. STAMP DUTY N.A. As per charges prescribed by GOI.

Manually

48 XII. ISSUANCE OF RATE CERTIFICATES Period Non-customers Customers Discretion Upto past 12

Months Rs.250/- for a block of 4 different currency rates or part thereof.

50% charges of what is applicable to non-customers

Branch Managers of AGM/ Sc.IV incumbency branches and AGM at controlling office in case of other branches will have discretion to grant waiver upto 100% to customers on client specific business considerations.

Manually

More than 12 months up to 60 months

Rs.500/- for a block of 4 different currency rates or part thereof.

..do.. ..do.. Manually

More than 60 months Rs.1000/- for a block of 4 different currency rates or part thereof.

..do.. ..do.. Manually


37

49. ISSUANCE OF IMPORT LETTER OF CREDIT AGAINST 100% OR MORE CASH MARGIN 25% of the normal applicable charges, to be recovered 50. ISSUANCE OF BANK GUARANTEES AGAINST 100% OR MORE CASH MARGIN AND ALSO AGAINST COUNTER GUARANTEE OF GOVERNMENT OF INDIA (GOI) 25% of the normal applicable charges, to be recovered. Notes:

1. Actual out of pocket expenses to be recovered in all cases.

2. Charges for services not covered above will continue as extant.

3. Where the business is shared between other banks, the charges would be shared in the agreed proportion. 4. Where the bank charges are to be recovered from the overseas buyers/ sellers but are refused by them, such charges shall be recovered from the customers.


38

51. Discretionary powers: To reduce the service charges on forex transactions whether ad valorem or fixed (Except charges for rate certificates, mentioned at sl. No.XII above), can be reduced/ waived on business considerations as per following discretionary structure:

Authority Existing Revised Dy. General Manager (whether Branch Head orcontroller)

Nil Nil

General Manager concerned Upto 25% Upto 25% Chief General Manager

Upto 75% Upto 75%

MD 100% 100% 52. For Refund of Commission for Unexpired Period of Foreign Bank Guarantee(s) (FBG) Permit refund of guarantee commission for the unexpired period in case the FBG is closed prematurely. However, charges for a minimum period of one quarter are to be recovered& only a fully completed month will be considered for refund.

Authority Existing Revised Dy. General Manager(whether Branch Head or controller)

Nil Upto 25% of Guarantee Commission for unexpired period only

General Manager Concerned Nil Upto 50% of Guarantee Commission for unexpired period only


39

53. Discretionary Power regarding Concession in Advance related Service charges & Penal Interest

Advance related various service charges such as processing fee, Upfront fee, Project Appraisal fee, to reduce levy of penal interest etc.(also refund penal interest penalty), pertaining to all segments as under:-

Sanctioning Authority Existing Powers Revised DGM(Module) Upto 25% NIL GM(RNW/CNW) Upto 50% Upto 25% CGM Upto 75% Upto 75% MD Upto 100% Upto 100%

The reduction in service charges should not be resorted to in routine manner and should be extended for business consideration only.

Important circulars:-

1. Application of service charges on agriculture segment as per circular No.SNP/44/8-9 dated 20/02/2009 continue. 2. As per circular No.AGRI/12-13 dated 19/05/2012 processing charges waive on PBKC limits upto3.00 lac. 3. Scheme for financing to farmers against security of gold ornaments. Application of service charges as per circular No.AGRI/AGI/58/11-12 dated 23/02/2012 continues.


40

sd

Documents

processing charges

revised service charges

commitment charges

documentation charges

inspections charges

basic service charges

service charges individuals

recovery of service