Bank announces Financial Results for quarter ended, 30th September 2023.
Bank of Baroda (UK) Ltd announces its intention to wind down and close its UK retail banking activities
Visit our website https://www.bankofbarodauk.com/ for any further information.
NOTIFICATION DATED 27.06.2023 FOR SALE / ASSIGNMENT OF FINANCIAL ASSET (NPA) to ARCs (E-AUCTION ON 14.07.2023)
As per revised RBI directives all our Locker-holders are requested to visit Bank of Baroda, Base Branch.
With Bank Of Baroda personal loan, you get lowest interest rates, instant approval with minimal documentation. Checkout Bank of Baroda personal loan interest rates & eligibility. Apply now!
Apply for Bank of Baroda Home Loan online at the lowest interest rates. Checkout our home loan eligibility, interest rates, documentation. Get instant home loan approval. Apply now!
Car Loan: Apply for auto loan online by Bank of Baroda at an attractive interest rates & easy EMI option. Upto 90% financing on on-road price. Buy your dream car today!
Why should finance come in the way of future? Getting an education loan is an easy way to finance your dreams. A student loan can help you get into the university of your choice. Bank of Baroda is here to finance your dreams, education & career goals.
The easiest way to save for you, for your loved ones, and for your future. A savings account gives you the liberty to choose according to your needs and additionally give you benefits for all your transactions. With a gamut of savings account features on the table, Bank of Baroda is here to make your banking simple and easy!
Open Current Account online at Bank of Baroda to meet all your banking needs. Go to our website to learn more about the different types of current accounts we offer and apply now!
Bank of Baroda deposit plans offer convenient solutions to both working individuals as well as senior citizens. These deposits are categorised into deposits with a term period of less than 12 months, more than 12 months and recurring deposits.
An account for all. B3 Silver Account comes with maximum savings and zero Quarterly Average Balance (QAB). Also, make the most of coins and annual offers from Loyalty Rewardz to fulfill yearlong subscriptions and shopping.
Locate Us, Anytime, Anywhere
Bank of Baroda focuses on its employees, offering a career rather than just a job. Various initiatives are in place to groom employees throughout their life cycle. A comprehensive talent management system to groom future leaders of the bank.
Bank of Baroda offers various types of personal banking cards such as Credit, Debit, Prepaid, Business & Travel Cards. Choose the one best suited card for your needs.
Note : All services charges are exclusive of GST. w.e.f. 20.06.2019 GST at applicable rate i.e. 18.00% ( at present ) of service charges will be levied extra on these service charges.
The charges for each service of Doorstep banking is Rs 75 plus applicable GST.
a) Charges for issue of Duplicate Statement / Pass Book
Current Account as under:
Saving Bank account as under:
In case of loss of complete blank cheque book
Charges for Cheque returned unpaid –(Outward) Clearing / Transfer
1. Charges at Branch against RTGS and NEFT charges mentioned under section Service charges & Fees
A) On all RTGS Transactions (INWARD)----NIL
B) Outward charges
Safe Custody Charges
Sealed Covers: Rs 350/- per cover per annum or part thereof. (4” x 12,- thickness x 1/2”) More than the above size, charges as applicable for sealed boxes Sealed boxes – Rs 3000/- per box per annum (size 200 cubic inch)
Bank’s own Deposit Receipt : No charges
Service Charges for handling scrips
As per discretion of Regional Manager
Attestation of customer’s signature
Non Individual /Joint accounts Rs.150/- per instrument/occasion Individual, Senior Citizen, Pensioners at any branch Rs.100/-
Inquiries relating to old records.
More than 3 months to 12 months old
Rs 100/- per item
More than 12 months to 3 years old
Rs 300/- per item
Above 3 years upto 7 years
Rs 500/- per item
Above 7 years
Rs 1000/- per item
Rs 150/- per photo /occasion
Cash Handling Charges-FOR CASH DEPOSIT (Applicable to base branch, Local Non-base branches)
For CA/OD/CC/Other Accounts:(Base and local Non base branch)
Beyond Cash Deposit of Rs. 50000/- Or above 10 packets i.e. 1000 pieces of notes of any denominations taken together,whichever is higher charges will be levied as under – Above 10 packets – i.e. 1000 pieces of notescharges will be levied @ Rs.10/- per packet or a part thereof. (Min. Rs.10/- Maxi. Rs.10000/- .(per day per txn
Savings bank account- (Base and local Non base branch)
Cash Deposit – Chargeable Beyond5 transactionsin a month (excluding Alternate Channel transaction) -Rs 50/- per transaction
Savings Bank accounts Rural /Semi Urban branches , Pensioner and Senior Citizen At any branch**
Cash Deposit – Chargeable Beyond 5 transactions in a month (excluding Alternate Channel transaction) -Rs 40/- per transaction
(In case of cash aggregatingRs 50000/- or more deposited with the bank during any one day, customer is required to quote his/her PAN or submit form 60) **For BSBD and FI accounts there are no service charges for cash deposit )
-- Where annual locker rental is up to Rs 3000/- - Rs 200/- for first -3- months thereafter Rs 50/- p.m. -- Where annual locker rental is above Rs 3000/- - Rs 500/- for first -3- months thereafter Rs 100/- p.m.
When the rent is paid in advance for -3- years 10% discount may be allowed to General Public.
However, 20% discount in locker rent in case of Premium current account and Premium current account privilege customers if rent is paid in advance for a period of three years and above.
CHARGES FOR LOCKER OPERATIONS MORE THAN 12 TIMES A YEAR – Rs 100/- PER OCCASION (FOR GENERAL PUBLIC)
(In case of cash aggregatingRs 50000/- or more deposited with the bank during any one day, customer is required to quote his/her PAN or submit form 60)
**For BSBD and FI accounts there are no service charges for cash deposit
CA/CC/OD/others : (Outstation Branch) ( Chargeable in case of cash deposit in excess of Rs 25000/- per day per account at Rs 2.50 per thousand or part thereof at outstation branch
(Base branch, local non base branch and outstation )
Cash Withdrawals: (Base , local non base and outstation branch)
Beyond Firstfivetransactions per month (excluding withdrawals from ATM) charges of Rs. 150/- per transaction.
Beyond Firstfivetransactions per month (excluding withdrawals from ATM) charges of Rs.125/- per transaction.
Savings Bank- Rural/Semi-Urban branches and Senior citizen, pensioner at any branch**
Beyond Firstfivetransactions per month (excluding withdrawals from ATM) charges of Rs.100/- per transaction.
However, Maximum withdrawal allowed at outstation branch is Rs 50000/- per day to the account holder only.
**For BSBD and FI accounts there are no service charges
Note: 1.Inter SOL cash payments to third parties is totally withdrawn 2. Per day per transaction limit of Rs 50000 /- is fixed for cash withdrawal by drawer by self cheque (through withdrawal up to Rs 25000/- - SB Account without cheque book facility) at Non Base CBS branches irrespective of nature of accounts. Passbook should accompany with Withdrawals
.Inter SOL cash payments to third parties is totally withdrawn 2. Per day per transaction limit of Rs 50000 /- is fixed for cash withdrawal by drawer by self cheque (through withdrawal up to Rs 25000/- - SB Account without cheque book facility) at Non Base CBS branches irrespective of nature of accounts. Passbook should accompany with Withdrawals
a. Foreign Currency Export Bill
Concessional Processing Charges effective from 01.07.2022 to 30.09.2022
Concessional Service Charges effective till 31.05.2023
Baroda Home Loan (All variants)
For lead sourced through Digital Channel :
100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹7500.00 + GST
For lead sourced through Non-Digital Channel:
100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹8500.00 + GST
NIL, subject to Login Fee of Rs.1,500/- which is to be refunded on first disbursement.
NIL, subject to Login Fee of Rs.1,500/- which is to be refunded on first disbursement
NIL, subject to recovery of out of pocket expenses of Rs.3,500.00 + GST (Per Property).
NIL, subject to recovery of out of pocket expenses of Rs.5,000.00+ GST to Rs.
8,500.00 + GST (conditions apply)
NIL, subject to recovery of out of pocket expenses of Rs.10,000.00 + GST (Per Property)
Baroda Top Up Loan
100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹5000.00 + GST
100% waiver in Processing charges, subject to recovery of out of pocket expenses of
₹5000.00 + GST (Per Property)
NIL, subject to Login Fee of Rs.1,500/- which is to be refunded on first disbursement.
Baroda Home Loan & Baroda Home Improvement Loan
Upto Rs 50 Lacs 0.50% of Loan amount: Minimum: Rs 8,500/- (Upfront) Maximum: Rs
Above Rs 50 Lacs 0.25% of Loan amount: Minimum : Rs 8,500/- (upfront) Maximum: Rs
The above charges are unified processing charges which includes inspection, valuation and legal fees
For staff members: Actual Charges for Advocate / Valuers / CERSAI / ITR verification (if any)
only to be recovered.
The above charges are for all categories of borrowers under Home Loans.
Baroda Home Loan Top Up
0.35% Minimum: Rs 5,000/- (upfront) Maximum: Rs 12,500/-
Takeover of Home Loan (Resident /NRI/PIOs)
Flat: Rs 8,500/- (upfront)
Pre Approved Home Loan (In Principal Sanction)
0.25% - 0.50%
Rs 8,500/- (upfront). If the borrower submits the property documents with in the validity
period of pre- approval letter, balance amount of unified processing charges as applicable to Home
Loan only will be recovered from the borrower.
Baroda Ashray (Reverse Mortgage Loan)
0.20% Upfront Charges: Rs 8,500/- Maximum Rs 10,000/-
Baroda Advance Against Gold Ornaments / Jewellery
0.50% Minimum: Rs 500/- Maximum Loan upto Rs 5.00 Lakhs: Rs 2500/- Loan
above Rs 5.00 Lakhs: Rs 3500/-
Baroda Traders Loan (including Baroda Traders Gold Card scheme)
OD: 0.35% TL: 0.50% Minimum: Rs 8,500/- (Upfront) per property
Baroda Loan to Doctors
0.35% Maximum Rs 15000/-
Baroda Advance Against Securities
Rs 500/- (No other charges) Staff/ Ex-Staff: No Charges
Car Loan & Digital Car Loan
For Both Fixed and Floating Rate Option: upto 31st December 2023
Baroda Two Wheeler Loan
2% of Loan amount + GST, Minimum Rs 250/- + GST Staff/ Ex-Staff: No Charges
Baroda Personal Loan (including Baroda Premium Personal Loan)
2% of Loan amount Minimum: Rs 1000/- Maximum: Rs 10,000/-
Baroda Pensioners Loan
Pensioners/ Family Pensioners of our Bank (Ex-Staff) : Nil Others : Rs 1,000/-
Baroda Mortgage Loan:
TL: 1% Minimum: Rs 8,500/- (Upfront) per property Maximum: Rs 1,50,000/-
OD: Upto Rs 3.00 Crores: 0.35% Minimum: Rs 8,500/- (Upfront) per property
Maximum: Rs 75,000/- Above Rs 3.00 Crores: 0.25% Minimum: Rs 8,500/- (Upfront)
per property Maximum: No Limit
Baroda Education Loan
Study in India - Nil
Study Abroad - 1.00% of Loan amount (maximum Rs 10,000/-) to be recovered upfront which will be
refundable on availment (first disbursement) of loan.
Education Loan for students of Premier Institutions (studies in India): Nil
Education Loan for Vocational Education and Training: Nil
Career Development: 0.50%
Notes: (a) A non refundable Lump sum amount Rs 8,500/- per property (towards Advocate and
Valuer charges) to be taken upfront in case of all Education Loan accounts, wherever property is
(b) No Mortgage creation charges for all types of Education Loans.
Baroda Loan Against Future Rent Receivables
Processing Charges :
1.00% (without cap), subject to minimum amount of Rs 1000/-.
Escrow Charges :
Loans upto Rs 10 crs : Rs 10,000/- p.a.
Loans above Rs 10 Crs : Rs 25,000/- p.a.
Upto Rs 1.00 Crores: Rs 5,000/- Above Rs 1.00 Crores upto Rs 10.00 Crores: Rs 15,000/-
Above Rs 10.00 Crores: Rs 25,000/-
Home Loans: Rs 1,500 per deviation (Maximum Rs 5,000) Education Loan: Nil
Other Retail Loans: Rs 3,000 per deviation (Maximum Rs 10,000)
Commitment Charges in Mortgage Loan and Traders Loan (Overdraft facilities only)
Minimum quarterly average utilization of sanctioned limits should be 60%.
In case of quarterly average utilization of sanction limit is less than 60% of the sanction limit,
interest in the account will be charged on minimum 60% of sanctioned limits on quarterly basis.
Mortgage Creation Charges
Per borrowing entity with FB+NFB limits of Up to Rs 10.00 Lakhs: Rs 500/- per Lakh
Above Rs 10.00 Lakhs & upto Rs 50.00 lacs: Rs 5,000/- Above Rs 50.00 Lakhs & upto Rs
100.00 Lakhs: Rs10,000/- Above Rs 100.00 Lakhs: Rs 15,000/-
Mortgage creation charges as mentioned above will be recovered separately for Retail Loans, except
Education Loans and Home Loans/ Home Improvement Loan and Top-up Loan.The charge specified is
applicable per instance irrespective of the number of title deeds.
The charges are applicable for extension of mortgage for enhancement and for substitution of title
The charge is applicable for extension of equitable mortgage recorded in favour of other lenders
EPFO online collection/ ESIC online collection
IRCTC online TICKET BOOKING
PASSWORD PRINTING (charges on regeneration only, free for new user)
Rs 25/- for Retail customer and Rs 50/- for Corporate customer
New Slabs and Charges Amount in INR
( w.e.f. 07.06.2022)
1,001 – 25,000
25,001 – 1,00,000
1,00,001 - 2,00,000
2,00,001 – 5,00,000
Revised w.e.f. 01.01.2020 Other than SB accounts
upto Rs 10,000/-
Rs 10,001/- to Rs 1,00,000/-
Rs 1,00,001/- to Rs 2 Lac/-
Above Rs 2 Lac
SB account -NIL
National E-toll Collection
Tag Issuance Fee
Tag Replacement Charge
Return Charges Mandate Charges
Return Charges - Rs 250/- w.e.f. 01.10.2019 Mandate - Rs 100/-
Self Service Pass Book Printer
Duplicate Passbook Issuance Charges
Debit Card PIN Regeneration
RuPay Classic (Non Personalised/ Personalised)
Rs 50/- per regeneration
RuPay Platinum (Non-Personalised/Personalised)
Visa Classic (Non Personalised/ Personalised)
Visa Platinum (Non Personalised/ Personalised)
Master Card Classic (Personalised)
Master Card platinum (Personalised)
Mastercard world Radiance (Personalised)
RuPay PMJDY (Bhamashah/Samagra)
Government Sponsored Schemes - Fee Exempted
Debit Card Other charges
Charge - slip retrieval charges
Rs 400/- per retrieval.
Number of Free OFFUS transactions
Metro ATM-3, Non Metro-5
ATM charges after free OFFUS transactions
For Financial Transaction
Rs 20/- per transaction
Rs.21/- per transaction (w.e.f. 01-01-2022)
For Non – Financial Transaction
Rs 10/- per transaction
Rs.11/- per transaction (w.e.f. 01-01-2022)
ATM International Usage Charges
For Classic variant : Rs 250/- For Platinum variant : Rs 450/-
Gift Card -Issuance : For amount up to Rs 2,000/-
Gift Card -Issuance : For amount Rs 2,001/- Rs 10,000/-
Gift Card -Revalidation charges
Gift Card -Card Usage Charges (Per balance Inquiry)
Reloadable card: Issuance charges
Reloadable card-Revalidation charges
Reloadable card -Other Service charges
Travel Card Issuance fees - USD/GBP/EURO
Travel Card Stand by card fees - USD/GBP/EURO
Travel Card Re load fees - USD/GBP/EURO
Travel Card- Replacement Card fee in case of lost/stolen card (post age extra) USD
Travel Card- Replacement Card fee in case of lost/stolen card (post age extra) GBP
Travel Card- Replacement Card fee in case of lost/stolen card (postage extra) EURO
Travel Card- Chargeback fee USD
Travel Card- Chargeback fee GBP
Travel Card- Chargeback fee EURO
Travel Card- ATM Withdrawal fee USD/GBP/EURO
0.9% of Transaction value
Travel Card- ATM Balance enquiry fee USD/GBP/EURO
USD 0.5 /GBP 0.5 /EURO 0.5
Travel Card- Refund of balance in the card account : USD/GBP/EURO
Balance will be refunded after deducting INR 250/- . Foreign Currency Conversion taxes extra as
Travel Card- Deduction on expired Card (EVERY 12MONTHS): USD/GBP/EURO
USD 5.0 /GBP 5.0 /EURO 5.0
Travel Card- Inactivity Fee (card not used for 180 days): USD/GBP/EURO
Travel Card- Card sent by other Bank(If left behind at other bank's ATM or POS): USD/GBP/EURO
USD 15.0 /GBP 15.0 /EURO 15.0
Travel Card- New ATM Pin (sent to registered email ID): USD/GBP/EURO
USD 1.5 /GBP 1.5 /EURO 1.5
Travel Card- Usage(Cross Currency):
3% of transaction value
Travel Card- Revalidation Fee (USD/GBP/EUR)
USD 3.0 /GBP 3.0 /EURO 3.0
Cash Disbursement Fee/Cash-at-POS
0.9% of Transaction value
SMS Alerts Charges
20 Paisa/SMS+GST with a cap of Rs.15+GST per month.
(Charges will be debited in every succeeding month)
Processing Charges for Agriculture
For Working Capital (Fresh/Review) Fund Based: Above Rs 3 lacs to Rs 10 Lacs - Rs 250/- Lac or part thereof +GST Above Rs 10 Lacs– Rs 350/lac or part thereof maximum Rs 35.00 Lacs (For exporters Rs 17.50 Lacs)
Non Fund Based: 50% of charges Applicable for Fund Based Limit (Cap for Priority Sector Rs 17.50 lacs and for exporters Rs 7.50 lacs
For Term Loan (Fresh) Above Rs 3 Lacs - DL/TL 1% of the limit sanctioned with a maximum of Rs100 lacs (Cap for exporter- Rs 50 lacs)
For Term Loan (Review) Above Rs 3 Lacs – Rs 60 per lac or part thereof with No Cap
Note: Please note that any specific scheme related charges which is mentioned in the scheme specific circular remain in force and above charges are not applicable in those specific schemes of agriculture.
Inspection charges for Agricultural Advances
Above Rs 3 lacs to Rs 10 Lacs - Rs 250 Above Rs 10 Lacs to Rs 1 Crore – Rs 1000 Above Rs 1 Crore – Rs 5000
In addition to the above actual conveyance and out of pocket exp. reimbursed to be recovered
Inspection Charges for crop loan
Above Rs 3 lacs to Rs 10 Lacs - Rs 250 Above Rs 10 Lacs to Rs 1 Crore – Rs 500 Above Rs 1 Crore – Rs 1000
Area of Banking Service
Revised service Charges (Excluding GST) w.e.f. 20.06.2019
A/c Opening Charges
Rs 500/- for Individuals and Rs 750 for Non Individuals (under revision)
DEMAT Annual Maintenance Charges
AMC will be charged at Rs 100/- plus GST only for the value of holding from Rs 50,001/- up to Rs 2,00,000/- during financial year.
Dematerlisation of shares
Rs 5.00 per certificate with minimum of Rs 50/- plus actual postage plus
KYC registering Agency Charges (KRA charges)
KRA charges @ Rs 40/- plus actual postage for new KYC data to be uploaded. KRA charges @ Rs 40/- plus per download will be applied. For modifications in KRA of the existing clients KRA charges @ Rs 30/- plus GST plus actual postage
Rs 100/- per ISIN per request
Pledge Creation confirmation
Pledge Closure Confirmation
Failed instruction Charges
• Additional A/c statement Rs 20/- per request. • Sign verification or any other certificate & freeze / unfreeze Rs 50/- plus per request. • One DIS booklet of 10 leaves free of cost at the time of A/c opening and thereafter subsequent DIS will be issued @ Rs 20/- per booklet of 10 leaves for General Customer. • Two DIS slips only will be issued at the time of account opening to BSDA customer. • Change of Address/ECS Rs 30/- plus per request.
Interest @18% p.a. will be payable for payment of service charges after due date (under revision)
Transfer of Securities from one DP to another DP consequent to account closure
Consequent to closure of account, no charges to be levied, when Beneficiary Owner (BO) transfers all the securities lying in this account to another Branch of the same DP or to DP of the same depository or another depository, provided the BO Accounts at transferee DP and at transferor DP are one and the same i.e. Identical in all respects.
Other Terms & Conditions
a. Refund of AMC on closure of Demat account will be on quarterly basis( e.g. if account is closed in the month of July, refund of AMC will be applicable for remaining two quarters i.e. December & March of the financial year. b. The service’s not listed above will be charged separately. c. All the above charges are applicable uniformly to individuals. Non-individual except that AMC are different for individuals and Non –Individuals. d. The charges are subject to revision from time to time at Bank’s discretion.
Statutory Charges at the time of Account Opening
Advance / Deposit
Txn upto 1000
from 1000 to 2000
Standard (for all credit card & International Debit Card)
Diners & Discover Cards
1) GPRS Fixed/Wireless/ PC POS -Rs 10000/- 2) PSTN: Rs 6000/-
Copy of Charge Slip
Mark Up for International Txn
Area of Banking Service
Revised service Charges (Excluding GST) w.e.f.
(A) Processing charges for FB & NFB Working Capital Loan
FB & NFB Working Capital
Amount/Status Up to Rs. 25000: NIL Above Rs. 25000 (Fresh/review): Rs.
350/Lakh or part thereof Cap for Priority Sector Rs. 35.00 Lakh Cap for Exporters Rs.
17.50 Lakh Other Advances No cap
Same processing charges for FB and NFB facilities as proposed above
(B) Processing charges for DL/TL/DPG/Corp Loan
(Fresh/Additional Limit) 1% of the limit sanctioned Cap for Exporters:
Rs. 50 Lakh Cap for Priority Sector: Rs. 100 Lakh Other Advances: No
(C) Processing charges for Real Estate Advances and Future Rent Receivables
Real Estate Advances 2% of the limit without cap
Real Estate Advances under Future Rent Receivables Scheme (Greater
than Rs. 20 Cr)
2% of the limit without cap
(D) Review/Annual Review of short Term loan /DL/Corporate Loan/TL/DPG
(other than Retail Loan & Loan against Future Rent Receivables) 0.10% without Cap
(Above charges will also be applicable for review/rollover of Short Term Loan)
(E) Processing charges for giving agreement in principle in respect of advances account.
Upto Rs. 5 Crore– Nil Above Rs. 5 Crore to Rs. 10 Crore – Rs. 25000/- Above Rs. 10
Crore – Fee of Rs. 2 Lakh to be obtained upfront (non-refundable). (Other unified charges as
applicable to be recovered on sanction) May be chargeable only when
communicated in writing to the borrower
(F) Commitment Charges (Fund based facilities)
To be charged on the entire unutilized FB limit are as under w.e.f. 20.09.2019 till
13.08.2020: AAA & AA rated customers - 0.10% p.a. A rated customers -
0.20% p.a BBB rated customers - 0.30% p.a. BB and below rated customers - 0.40% p.a.
(Fund based facilities)
To be charged as under w.e.f 14.08.2020: No commitment charges to be levied
in case average utilisation of limits are minimum 60% and above of limits on annual basis.
Utilization shall be tested on annual basis as on year ending 31st March. However, if the average
utilisation of limits is below 60% during the financial year, commitment charges will be levied as
Note: If the average utilisation of limits is 60% or above during the financial
year, no commitment charges to be levied for both customers submitting QIS statements and customers
not submitting QIS statements. At the time of closure of accounts, the commitment charges
should be recovered on a proportionate basis.
(G) Commitment Charges (Non-Fund based facilities)
Commitment charges will be levied in case of non-utilization / under utilization of Non Fund based
credit facilities with limits of Rs. 1 Crore and above @ 0.25% p.a for the unutilized portion.
Where average utilization is 60% and above of the limit or as indicated in QIS
statement, no commitment charges to be recovered separately.
(Fund Based only)
For Corporate accounts above Rs. 1 Crore: 0.10% of limit with a maximum of Rs. 25,000/- to be charged
in addition to actual expenses incurred.
No documentation charges for LABOD/OD against bank’s own deposits, Loan against NSC, KVP, Govt.
Securities & loan to staff members. Note: When to be charged
New sanctions (Entire fund based limits including DPG, Usance LC an Financial Guarantees) At the
time of obtaining the set of documents before disbursement.
Review of a/c with existing limits No charge if no fresh / additional
documents are obtained.
Review with increased limits For the entire amount of reviewed limit.
Ad-hoc limits - At the time of taking documents for ad-hoc limits. Obtaining
LAD - No Charges
Other Conditions : a) In respect of fresh sanctions / new accounts branches should
invariably recover the charges as above in cash or debiting account. For issuance of
No Objection Certificate or C.P.: Rs. 10,000/- per occasion (no levy where Bank recovers issuing
& paying agent charges as IPA).
Charges for carrying out inspection of securities charged to the bank (for other than retail
To be charged w.e.f 20.09.2019 till 13.08.2020:
Upto Rs. 5 Lakh: Nil Above Rs. 5 Lakh – Rs. 1 Crore – Rs. 1,000 Above Rs. 1 Crore - Rs.
10 Crore – Rs. 5,000 Above Rs. 10 Crore - Rs. 25,000 per location
In addition to the above actual conveyance and out of pocket exp. reimbursed to be recovered.
To be charged w.e.f. 14.08.2020:
For accounts with limits upto Rs.10 Cr: No Change (existing charges to be continued) For
accounts with limits of Above Rs.10 Cr: Rs.10,000+GST per location with a cap of Rs.2,00,000/-+GST
per annum for all locations put together. In addition, actual conveyance and out of pocket expenses
to be recovered.For accounts where Agencies for Specialized Monitoring (ASM’s) have been
appointed: Flat Rs.25,000/- per annum + GST (irrespective of number of locations).
Bills purchased/ Discounted or advances there against –Exchange / Commission
For cheques/ bills i) a) On instruments drawn on our Branches / other Banks
where we have branches : Exchange @ 35paise% . plus Collection charges
b) For instruments drawn on other Banks where we do not have branches: Exchange @77 Paisa % Plus
Note: The above covers interest for 10 days for (a) & 14 days for (b).
ii) a) On cheques/ bills returned unpaid penal interest @ 2% +(1 year MCLR +
6.50%) p.a. from 11th/15th day of purchase as the case may be till the date of
reimbursement. b) Overdue interest to be charged @ 2% over the applicable rate (document rate)
on cheques/bills from 11th/15th day of the case may be. NOTES
Mentioned rates are also applicable to all segments. (HO:BR:111:203
Providing Credit opinion (including opinion & introduction)
Rs. 500 $ 100 in respect of foreign banks
Other Credit related Areas Allowing interchangeability within fund based limits,within non-fund
basedfacilities andbetween fund based and non fund based limits.
One time fee of 0.25% of the amount involved subject to maximum of Rs. 25,000/-
Issuing of NOC of all typeslike granting NOC for cedingparri passu charge, exclusive charge,2nd
charge etc. (Not applicable in case of NOC / Exchange of parripassuletter in consortium accounts.)
Rs. 25 lakhs and below - Rs. 1,000 Above Rs. 25 lakhs to Rs. 10 crore - Rs. 10,000 Above
Rs. 10 crore - Rs. 20,000
Revision of Repayment schedule in respect of TL/DL
Fee for opening /operatingEscrow / TRA A/Cs. (Trust & Retention A/c.)
Our share in limits: Upto Rs. 5 cr. – Rs. 1 Lakh Above Rs. 5 cr and upto
Rs. 10 cr. – Rs. 2 Lakh Above Rs. 10 Cr. – Rs. 5 Lakh
The captioned charges are applicable for opening/ pertaining ESCROW/ TRA A/Cs (Trust & Retention
A/C) to be recovered per annum. Periodicity of collection of above fees is annual.
(A) Charges for TEV study (when report is not shared with the customer)
Up to Rs. 15 Crs. TEV study by bank – Rs. 1 Lakh TEV study by Consultant – Consultant fee
+ Rs. 25000
> Rs. 15 cr and up to Rs. 300 cr - 0.05% of project cost – Min. Rs. 2 Lakh > Rs. 300 Cr (
Where TEV study is done by PFD)
Fees to be decided on a Case to case basis
(B) TEV Study (When report is shared with the customer)
Project Cost: Up to Rs. 15 Cr:- TEV Study by bank- Rs. 3 Lakh By
consultant—Consultant fee + Rs. 25000 >Rs. 15 Cr and up to Rs. 300 Cr.- 0.15% of project
cost >Rs. 300 Cr – TEV Study by PFD- case to case basis.
(Consultant fee ceiling to be fixed by the authority , who approves empanelment of consultants)
(C) Vetting / waiver of TEV Reports Out of
pocket expenses for TEV study
Vetting of TEV Reports: Where project cost > Rs. 300 cr. – Rs. 50000
Waiver of TEV Study: (Wherever TEV study is waived by the competent
Upto Project cost Rs. 5 cr. – Nil Above Rs. 5 cr. – Rs. 50000 (charges to be recovered in
addition to usual proc. Charges for addl. Risk taken by the Bank)
All “out of pocket expenses” in addition to the TEV study charges are to be borne by the
Mortgage Creation Charges (Other than retail and Priority sector)
Per borrowing entity with FB+NFB limits of Below Rs. 1 .00 Crore - Rs.
5,000/- Above Rs. 1.00 crore to Rs. 10 Crore - Rs. 15,000/- Above Rs. 10 Crore - Rs.
The charge specified is applicable per instance irrespective of the number of title deeds.
Prepayment charges on Term Loan / Demand Loan / Working Capital Demand Loan
At the rate of 2% p.a. on the balance amount of loan and for the residual period of prepayment except
Retail Loan including Loan against Future Rent Receivables/Staff Loans.
To be charged w.e.f 20.09.2019 till 13.08.2020: Upto Rs. 1.00 Cr - Rs.
5000 Rs. 1.00 to Rs. 10.00cr - Rs. 15000 Above Rs. 10.00 cr - Rs. 25000
To be charged w.e.f. 14.08.2020: For accounts with limits upto Rs.10 Cr: No
Change (existing charges to be continued) For accounts with limits Above Rs.10 Cr: 0.01% of
the sanction limit subject to a minimum of Rs.25,000/- (exclusive of GST) and maximum of Rs.10 lakhs
(exclusive of GST).
The charges shall be levied per instance of proposal submission and should be recovered only in
respect of customer induced modifications and not on modifications in terms and conditions which
were not discussed with/ accepted by the customer at the time of sanction/ review.
Illustrative instances of Modification at the request of the borrower where this charge will
be levied:- Substitution of CollateralInterchangeability of
limitsRelease/ Substitution of Personal Guarantee/Collateral Security Change in Project/
items of machinery Ceding of charges on Assets Rephasement of Loans/ Deferment of Loan
instalmentsApprovals for mergers & amalgamations Modification in Rate of Interest
Any other miscellaneous credit related approvals
Revalidation of Sanction
Working Capital - 25% of the applicable processing charges without Cap Term Loan - 25% of the
applicable upfront charges without Cap
Not applicable for Export Finance.
Lead Bank charges as Leader of Consortium on total assessed limits
0.20% of the aggregate of Fund Based and Non Fund Based, subject to a minimum of Rs. 5 lakhs and
maximum of Rs. 50 lakhs.
This will be in addition to the processing charges
Charges for copy of the documents for submission to any statutory authority
Actual photocopying charges + Rs.1000/-
Charges if presence of bank official is required along with the documents for photo copies
Actual photocopying charges + Rs. 2000/- + Out of pocket expenses
Charges for cancellation of Bank’s lien on Government Securities / LIC Policies on closure of the
1. Within one month from the date of closure of the loan: at the rate of Rs. 100/- per instrument +
Out of pocket expenses 2. After one month from the date of closure of the loan: at the rate of
Rs. 200/- per instrument + Out of pocket expenses
0.125 % Subject to Min. INR 500 & maximum INR 10,000.00
# Proposed Charges only for Purchase, Discount and Negotiation of Bills. For others remains unchanged.
# Proposed Charges only Bills presented under the Inland LC opened by us. For others remains unchanged.
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