Saving Account Schemes Service charges Revision w.e.f 25.08.2017
Sr. No | Particulars | Regular Saving Account | Premium Saving Account | Premium Plus Saving Account | Royale Saving Account |
1 | Minimum balance | AQB – Rs. 1000/- | AQB Rs.10,000/- | AQB – Rs.25,000/- | AQB – Rs.100,000/- |
2 | Penalty for non maintainence of Minimum Balance |
Rs. 200/- per Quarter | Rs. 650/- | Rs. 800/- | Rs. 1000/- |
3 | Core Banking / Intersol | Deposit – Cash Deposit upto Rs. 100000- free per day (Clubbed limit) above Rs.100000 Rs.2 per thousand Maximum Rs.1000 Withdrawal (per day) – Cash – Withdrawal free upto 25,000/-, thereafter Rs. 2 per thousand. Clearing & Transfer – No limit |
Deposit – Free Withdrawal (per day) – Cash – Withdrawal free upto Rs. 1 Lac, thereafter Rs. 2 per thousand. Clearing & Transfer – No limit |
Free | Free |
4 | Cash Deposit Charges | Free | Free | Free | Free |
5 | Cheque Book | 2 Cheque Books of 20 Leaves Free in financial year and thereafter Rs. 3.00 per cheque leaf | First 100 cheque leaves free per F.Y; thereafter Rs.3/- per cheque leaf | First 200 cheque leaves free per F.Y; thereafter Rs.3/- per cheque leaf | First 500 cheque leaves free per F.Y; thereafter Rs.3/- per cheque leaf |
6 | Demand Draft – IDBI, HDFC, ICICI, AXIS | Re.1 to Rs.5000 = Rs.25 Rs.5001 to Rs.10000 = Rs.35 Above Rs.10000 Rs.4.00 per thousand Maximum Rs.15000 |
Unlimited Free | Unlimited Free | Unlimited Free |
7 | Payslip | Re.1 to Rs.1000 = Rs.25 Above Rs.1000 = Rs.4.00 per thousand Maximum Rs.15000 |
Unlimited Free | Unlimited Free | Unlimited Free |
8 | RTGS (w.e.f 01.07.19) |
Rs.2 Lakh – Rs.5 Lakh= Rs.25/- Above Rs. 5 Lakh = Rs.50/- No time varying charges |
Free | Free | Free |
9 | NEFT (w.e.f 01.07.19) |
Upto Rs. 1.00 lakh- Free Above Rs. 1.00 lakh to Rs. 2.00 lakh= Rs. 10 Above Rs. 2.00 lakh- Rs. 15 |
Free | Free | Free |
10 | DD/Payslip issued for loan disbursement | Rs. 100 per instrument | Rs. 100 per instrument | Rs. 100 per instrument | Rs. 100 per instrument |
11 | Duplicate DD/ PO | Rs.100 per instrument | Rs.100 per instrument | Rs.100 per instrument | Rs.100 per instrument |
12 | Revalidation DD/ PO | Rs.100 per instrument | Rs.100 per instrument | Rs.100 per instrument | Rs.100 per instrument |
13 | Cancellation DD/PO | Rs.100 per instrument | Rs.100 per instrument | Rs.100 per instrument | Rs.100 per instrument |
14 | Internet / Mobile Banking | Free | Free | Free | Free |
15 | SMS Banking | Rs. 25/- per quarter applicable to all account related transactions | Free | Free | Free |
16 | Quick Pay Facility / Bill Payment facility | Free | Free | Free | Free |
17 | Duplicate Passbook | Rs.50/- | Free | Free | Free |
18 | Statement to Saving Accountholders | Minimum 50 upto 10 pages thereafter Rs.5/- per page | Minimum 50 upto 10pages thereafter Rs.5/- per page | Minimum 50 upto 10pages thereafter Rs.5/- per page | Minimum 50 upto 10pages thereafter Rs.5/- per page |
19 | Cheque Return Inward | up to Rs.10000 – Rs.150 above Rs.10000 – Rs.150 + Rs.1.50 per thousand Maximum Rs. 1000/- per instrument |
up to Rs.10000 – Rs.150 above Rs.10000 – Rs.150 + Rs.1.50 per thousand Maximum Rs. 1000/- per instrument |
up to Rs.10000 – Rs.150 above Rs.10000 – Rs.150 + Rs.1.50 per thousand Maximum Rs. 1000/- per instrument |
up to Rs.10000 – Rs.150 above Rs.10000 – Rs.150 + Rs.1.50 per thousand Maximum Rs. 1000/- per instrument |
20 | Cheque Return Outward | Rs. 100/- per instrument | Rs. 100/- per instrument | Rs. 100/- per instrument | Rs. 100/- per instrument |
21 | Stop Payment | Rs.100/- per instrument Series of cheque leaves – Rs.500/- Revocation of Stop Payment – Rs.100 per instruction. |
Rs.100/- per instrument Series of cheque leaves – Rs.500/- Revocation of Stop Payment – Rs.100 per instruction. |
Free | Free |
22 | ECS Debit Return | up to Rs.10000 – Rs.150 above Rs.10000 – Rs.150 + Rs.1.50 per thousand Maximum Rs. 1000/- per instrument |
up to Rs.10000 – Rs.150 above Rs.10000 – Rs.150 + Rs.1.50 per thousand Maximum Rs. 1000/- per instrument |
up to Rs.10000 – Rs.150 above Rs.10000 – Rs.150 + Rs.1.50 per thousand Maximum Rs. 1000/- per instrument |
up to Rs.10000 – Rs.150 above Rs.10000 – Rs.150 + Rs.1.50 per thousand Maximum Rs. 1000/- per instrument |
23 | Counter Cheque Return | Rs.100 per instrument | Rs.100 per instrument | Rs.100 per instrument | Rs.100 per instrument |
24 | Account Closure Charges | Upto 14 days – Nil 15 days to less than 6 months – Rs. 250/- Upto 1 Year – Rs. 150/- |
Upto 14 days – Nil 15 days to less than 6 months – Rs. 250/- Upto 1 Year – Rs. 150/- |
Upto 14 days – Nil 15 days to less than 6 months – Rs. 250/- Upto 1 Year – Rs. 150/- | Upto 14 days – Nil 15 days to less than 6 months – Rs. 250/- Upto 1 Year – Rs. 150/- |
25 | Unused Chequebook | Rs.3 per cheque leaf | Rs.3 per cheque leaf | Rs.3 per cheque leaf | Rs.3 per cheque leaf |
26 | Lost token Charges | Rs. 500/- per token | Rs. 500/- per token | Rs. 500/- per token | Rs. 500/- per token |
27 | Change of nomination | Free | Free | Free | Free |
28 | Signature / Photo/ Address Verification | Rs.100/- per attestation | Rs.100/- per attestation | Rs.100/- per attestation | Rs.100/- per attestation |
29 | Solvency Certificate | For Education Loan – Rs. 1000/- for 1st Copy & Rs. 100/- per copy for rest of originals. For Other Purpose – Rs. 250/- per lac, Min. Rs. 750/- Maximum cap on Solvency charges – Rs. 25000/- |
For Education Loan – Rs. 1000/- for 1st Copy & Rs. 100/- per copy for rest of originals. For Other Purpose – Rs. 250/- per lac, Min. Rs. 750/- Maximum cap on Solvency charges – Rs. 25000/- |
For Education Loan – Rs. 1000/- for 1st Copy & Rs. 100/- per copy for rest of originals. For Other Purpose – Rs. 250/- per lac, Min. Rs. 750/- Maximum cap on Solvency charges – Rs. 25000/- |
For Education Loan – Rs. 1000/- for 1st Copy & Rs. 100/- per copy for rest of originals. For Other Purpose – Rs. 250/- per lac, Min. Rs. 750/- Maximum cap on Solvency charges – Rs. 25000/- |
30 | Balance Certificate | Current year free, Previous year charges Rs. 100/- per certificate | Current year free, Previous year charges Rs. 100/- per certificate | Current year free, Previous year charges Rs. 100/- per certificate | Current year free, Previous year charges Rs. 100/- per certificate |
31 | Issue of certificates such as NOC, No dues, maintaining accounts, interest certificate, cheque honoured | No dues & Interest Certificate – Free Other Certificates – Rs. 100/- |
No dues & Interest Certificate – Free Other Certificates – Rs. 100/- |
No dues & Interest Certificate – Free Other Certificates – Rs. 100/- |
No dues & Interest Certificate – Free Other Certificates – Rs. 100/- |
32 | Enquiries of old Transactions | Upto 1 year Free Above 1 year – Rs. 200/- | Upto 1 year Free Above 1 year – Rs. 200/- | Upto 1 year Free Above 1 year – Rs. 200/- | Upto 1 year Free Above 1 year – Rs. 200/- |
33 | Setting up of Standing Instructions | Intra Bank– Free Inter Bank (Other than ECS Debit, FD interest credit to other Bank) – Rs. 100/- | Intra Bank– Free Inter Bank (Other than ECS Debit, FD interest credit to other Bank) – Rs. 100/- | Intra Bank– Free Inter Bank (Other than ECS Debit, FD interest credit to other Bank) – Rs. 100/- | Intra Bank– Free Inter Bank (Other than ECS Debit, FD interest credit to other Bank) – Rs. 100/- |
34 | DD Stop Payment Charges – 1. Bank of Maharashtra 2. HDFC Bank 3. Axis Bank 4. ICICI Bank 5. IDBI Bank |
Rs. 100/- for stop payment of all the Banks DDs. | Rs. 100/- for stop payment of all the Banks DDs. | Free | Free |
35 | Outstation Cheque Return Charges | Rs. 100 per instrument + Postage/ Courier charges + VPL Charges | Rs. 100 per instrument + Postage/ Courier charges + VPL Charges | Rs. 100 per instrument + Postage/ Courier charges + VPL Charges | Rs. 100 per instrument + Postage/ Courier charges + VPL Charges |
36 | Demat Account AMC | Regular Charges | Regular Charges | Regular Charges | First Year AMC Free |
37 | Flexi-fixed Deposit Scheme | N.A | FFD Scheme available With min. bal of Rs.10000 remaining amount will be transferred to FFD in multiples of Rs. 5000 |
FFD Scheme available With min. bal of Rs.25000 remaining amount will be transferred to FFD in multiples of Rs. 10000 |
FFD Scheme available With min. bal of Rs.100,000 remaining amount will be transferred to FFD in multiples of Rs. 10000 |
New Additional Service Charges
1 | Outstation cheque collection (inward/ outward) | Upto Rs.5000/- Rs25/- above Rs. 5000 & upto Rs.10000/- Rs 50/- above Rs.10000 & upto Rs. 1.00 Lacs – Rs 100/- Above Rs. 1.00 Lac – Rs 150/- |
Upto Rs.5000/- Rs25/- above Rs. 5000 & upto Rs.10000/- Rs 50/- above Rs.10000 & upto Rs. 1.00 Lacs – Rs 100/- Above Rs. 1.00 Lac – Rs 150/- |
Upto Rs.5000/- Rs25/- above Rs. 5000 & upto Rs.10000/- Rs 50/- above Rs.10000 & upto Rs. 1.00 Lacs – Rs 100/- Above Rs. 1.00 Lac – Rs 150/- |
Upto Rs.5000/- Rs25/- above Rs. 5000 & upto Rs.10000/- Rs 50/- above Rs.10000 & upto Rs. 1.00 Lacs – Rs 100/- Above Rs. 1.00 Lac – Rs 150/- |
2 | Matured FD remittance by DD/PO/RTGS/NEFT or any other way | At actuals | At actuals | At actuals | At actuals |
3 | Duplicate FDR | Rs. 25/- per instrument | Rs. 25/- per instrument | Rs. 25/- per instrument | Rs. 25/- per instrument |
4 | Non collection of cheque books upto 3 months | Rs. 25/- | Rs. 25/- | Rs. 25/- | Rs. 25/- |
5 | Allowing operations through power of attorney/ Mandate | Rs. 100/- per request | Rs. 100/- per request | Rs. 100/- per request | Rs. 100/- per request |
6 | Change of accountname / holder | Rs. 50/- | Rs. 50/- | Rs. 50/- | Rs. 50/- |
7 | Recoed copy of cheque per instance | Rs. 25/- per instrument | Rs. 25/- per instrument | Rs. 25/- per instrument | Rs. 25/- per instrument |
8 | Original cheuqe from Go-down OEC | Normal delivery Rs. 50/- per carton and Rs. 250/- per trip Express Delivery Rs. 75/- per carton and Rs. 500/- per trip |
Normal delivery Rs. 50/- per carton and Rs. 250/- per trip Express Delivery Rs. 75/- per carton and Rs. 500/- per trip |
Normal delivery Rs. 50/- per carton and Rs. 250/- per trip Express Delivery Rs. 75/- per carton and Rs. 500/- per trip |
Normal delivery Rs. 50/- per carton and Rs. 250/- per trip Express Delivery Rs. 75/- per carton and Rs. 500/- per trip |
9 | NACH mandate registration | Rs. 10/- per utility registration | Rs. 10/- per utility registration | Rs. 10/- per utility registration | Rs. 10/- per utility registration |
10 | NACH mandate processing | Rs. 2 per mandate per person | Rs. 2 per mandate per person | Rs. 2 per mandate per person | Rs. 2 per mandate per person |
11 | Locker rent overdue charges | Rs. 100/- per pending month | Rs. 100/- per pending month | Rs. 100/- per pending month | Rs. 100/- per pending month |
12 | Scan Copy of CTS Cheque Image ( I/W & O/W ) NACH,BFL & BHFL Mandate |
Up to 3 Month Rs.50 + GST Thereafter Rs.100 + GST |
Up to 3 Month Rs.50 + GST Thereafter Rs.100 + GST |
Up to 3 Month Rs.50 + GST Thereafter Rs.100 + GST |
Up to 3 Month Rs.50 + GST Thereafter Rs.100 + GST |
13 | MMS Charges (Mandate Management Charges) | For Inward Mandates Rs.100 for signature verification and for registration.
For Outward Mandate other than Cosmos customer registration Rs.200/ with GST – an each transaction Fees Rs.5/-And outward transaction return charges Rs.100/- with GST. For Utility code registration Rs.500/- with GST |
For Inward Mandates Rs.100 for signature verification and for registration.
For Outward Mandate other than Cosmos customer registration Rs.200/ with GST – an each transaction Fees Rs.5/-And outward transaction return charges Rs.100/- with GST. For Utility code registration Rs.500/- with GST |
For Inward Mandates Rs.100 for signature verification and for registration.
For Outward Mandate other than Cosmos customer registration Rs.200/ with GST – an each transaction Fees Rs.5/-And outward transaction return charges Rs.100/- with GST. For Utility code registration Rs.500/- with GST |
For Inward Mandates Rs.100 for signature verification and for registration.
For Outward Mandate other than Cosmos customer registration Rs.200/ with GST – an each transaction Fees Rs.5/-And outward transaction return charges Rs.100/- with GST. For Utility code registration Rs.500/- with GST |
14 | Salary Uploading charges | One time charges of Rs. 500/- with GST are recommended.
Transaction cost each Rs.2/- for per transaction. Return transaction Rs.50/-with GST |
One time charges of Rs. 500/- with GST are recommended.
Transaction cost each Rs.2/- for per transaction. Return transaction Rs.50/-with GST |
One time charges of Rs. 500/- with GST are recommended.
Transaction cost each Rs.2/- for per transaction. Return transaction Rs.50/-with GST |
One time charges of Rs. 500/- with GST are recommended.
Transaction cost each Rs.2/- for per transaction. Return transaction Rs.50/-with GST |
15 | Setting up of Standing Instructions | Intra Bank – Free Inter Bank (Other than ECS Debit & FD interest credit) – Rs. 100/- one time charges to be levied for setting up of Standing instruction. |
Intra Bank – Free Inter Bank (Other than ECS Debit & FD interest credit) – Rs. 100/- one time charges to be levied for setting up of Standing instruction. |
Intra Bank – Free Inter Bank (Other than ECS Debit & FD interest credit) – Rs. 100/- one time charges to be levied for setting up of Standing instruction. |
Intra Bank – Free Inter Bank (Other than ECS Debit & FD interest credit) – Rs. 100/- one time charges to be levied for setting up of Standing instruction. |
16 | Free other Bank ATM transactions, to customers of following branches, as On-site ATMs are not available at these branches presently. 1.Hosur 2.Coimbatore 3.Annanagar Chennai, 4.Madipakkam Chennai, 5.Veera Desai Andheri (West), 6.Paldi, 7.Zaveri Bazar 8. Matunga (E) |
10 transactions free per month, thereafter regular charges will be applicable. Value added services – PIN changed, Mini statement on other Bank ATM will be chargeable from first transaction. |
10 transactions free per month, thereafter regular charges will be applicable. Value added services – PIN changed, Mini statement on other Bank ATM will be chargeable from first transaction. |
10 transactions free per month, thereafter regular charges will be applicable. Value added services – PIN changed, Mini statement on other Bank ATM will be chargeable from first transaction. |
10 transactions free per month, thereafter regular charges will be applicable. Value added services – PIN changed, Mini statement on other Bank ATM will be chargeable from first transaction. |
Important Notes –
* All the Service Charges are exclusive of taxes.
1.Issue of loose cheque leaves charges for Overdraft accounts are linked to regular cheque leaf charges
2.In case of Intersol Cash deposit, both Intersol & Cash deposit charges will be applicable.
3.Service charges applicable to Janasanchay Saving Account, Basic savings Bank Deposit Account (BSBDA), Jan Dhan Savings account, Cosmo Kidz Savings Account, Cosmo Youth, Regular Salary Account, Premium Salary Account are made at par with the regular Savings account for all the features other than scheme’s exclusive features.
4.Penalty for non maintenance ofprescribed balance will be charged in proportion to the shortfall observed.