• Upto 50 debit entries Charges – Not applicable
• Exceeding 50 debit entries : Rs 15/- per debit

• Standing Instructions
• Transactions through ADC incl. ECS
• Auto sweep, system generated (service charge, interest etc.)

• Upto 50 debit entries Charges – Not applicable
• Exceeding 50 debit entries : Rs 12/- per debit

• Standing Instructions
• Transactions through ADC incl. ECS
• Auto sweep, system generated (service charge, interest etc.)

a) Charges for issue of Duplicate Statement / Pass Book

Current Account as under:

• 16th March to 15th June
• 16th June to 15th September
• 16th September to 15th December
• 16th December to 15th March

Saving Bank account as under:

• 1st April to 30th June
• 1st July to 30th September
• 1st October to 31st December
• 1st January to 31st March

In case of loss of complete blank cheque book

Charges for Cheque returned unpaid –(Outward) Clearing / Transfer

• Account maintaining stipulated minimum balance - Nil

• if the account is closed within 14 days of first customer induced credit into the account.

• No charges, if account is closed due to death of Account Holder.

• if the account is closed within 14 days of first customer induced credit into the account.

• No charges, if account is closed due to death of Account Holder.

• if the account is closed within 14 days of first customer induced credit into the account.
• if account is closed due to death of Account Holder.
• If account closed beyond 14 days but within 1 year of the first customer induced transaction :

• Through our bank’s branches

• Applicable to IBCs

• Delivering free of payment
• waiving 'c' form etc
• Allowing rebate
• Extending time for retirement

Non Individual

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.

Photo attestation

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)

Metro-Urban**

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 )

NOTES :

• In case of breaking open of the locker, Rs 1000/- to be recovered as incidental charges over and above actual cost incurred for the same.
• Penalty for late payment of locker rent (from the due date) be levied as under:

-- 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)

Savings bank account- (Base and local Non base branch)

Metro-Urban**

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

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)

CA/CC/OD

Beyond Firstfivetransactions per month (excluding withdrawals from ATM) charges of Rs. 150/- per transaction.

Savings bank-

Metro-Urban branch**

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

Note:

.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

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 (Per Property)

For lead sourced through Non-Digital Channel:

100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹8500.00 + GST (Per Property)

• For non-takeover cases and for takeover leads through DSA:
  1. For lead sourced through Digital Channel:

     100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹8,500.00 + GST (Per Property)

  2. For lead sourced through Non-Digital Channel:

     100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹10,000.00 + GST (Per Property)

  3. For Loan financed in Approved Project:-

     100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹3,500.00 + GST (Per Property)

• For Takeover leads received through non DSA :

  NIL, subject to Login Fee of Rs.1,500/- which is to be refunded on first disbursement.

Baroda Top Up Loan 

100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹5000.00 + GST (Per Property)

• For non-takeover cases and for takeover leads through DSA:
  1. For Digital journey leads : Rs.3,500 + GST
  2. For lead sourced through Non-Digital Channel:

     100% waiver in Processing charges, subject to recovery of out of pocket expenses of ₹5000.00 + GST (Per Property)

• For Takeover leads received through non DSA

  NIL, subject to Login Fee of Rs.1,500/- which is to be refunded on first disbursement.

1

Baroda Home Loan &
Baroda Home Improvement Loan

Slab wise

Upto Rs 50 Lacs
0.50% of Loan amount:
Minimum: Rs 8,500/- (Upfront)
Maximum: Rs 15,000/-

Above Rs 50 Lacs
0.25% of Loan amount:
Minimum : Rs 8,500/- (upfront)
Maximum: Rs 25,000/-

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.

2

Baroda Home Loan Top Up

0.35%
Minimum: Rs 5,000/- (upfront)
Maximum: Rs 12,500/-

3

Takeover of Home Loan
(Resident /NRI/PIOs)

Flat: Rs 8,500/- (upfront)

4

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.

5

Baroda Ashray
(Reverse Mortgage Loan)

0.20%
Upfront Charges: Rs 8,500/-
Maximum Rs 10,000/-

6

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/-

7

Baroda Traders Loan
(including Baroda Traders Gold Card scheme)

OD: 0.35%
TL: 0.50%

Minimum: Rs 8,500/- (Upfront) per property

8

Baroda Loan to Doctors

0.35%
Maximum Rs 15000/-

9

Baroda Advance Against Securities

Rs 500/-
(No other charges)

Staff/ Ex-Staff: No Charges

10

Baroda Car Loan

0.50% of Loan amount + GST
Minimum : Rs. 2500/- + GST
Maximum : Rs. 10,000/- + GST

11

Baroda Two Wheeler Loan

2% of Loan amount + GST,
Minimum Rs 250/- + GST
Staff/ Ex-Staff: No Charges

12

Baroda Personal Loan
(including Baroda Premium Personal Loan)

2% of Loan amount
Minimum: Rs 1000/-
Maximum: Rs 10,000/-

13

Baroda Pensioners Loan

Pensioners/ Family Pensioners of our Bank (Ex-Staff) : Nil
Others : Rs 1,000/-

14

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

15

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 mortgaged.

(b) No Mortgage creation charges for all types of Education Loans.

16

LABOD/ODBOD

Nil

17

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.

18

Modification Charges

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/-

19

Deviation Charges

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)

20

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.

21

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 deeds also.

The charge is applicable for extension of equitable mortgage recorded in favour of other lenders also.

Internet Banking

EPFO online collection/ ESIC online collection

Rs 10/-

IRCTC online TICKET BOOKING

Rs 10/-

PASSWORD PRINTING (charges on regeneration only, free for new user)

Rs 25/- for Retail customer and Rs 50/- for Corporate customer

IMPS  

New Slabs and Charges Amount in INR 

( w.e.f. 07.06.2022)  

Upto  1,000  

2.50  

2.50  

1,001 – 25,000  

5.00  

5.00  

25,001 – 1,00,000  

7.50  

10.00  

1,00,001 - 2,00,000  

15.00  

20.00  

2,00,001 – 5,00,000  

20.00  

25.00  

NEFT

Revised w.e.f. 01.01.2020
Other than SB accounts

upto Rs 10,000/-

Rs 2.25

Rs 2.25

Rs 10,001/- to Rs 1,00,000/-

Rs 4.75

Rs 4.75

Rs 1,00,001/- to Rs 2 Lac/-

Rs 14.75

Rs 14.75

Above Rs 2 Lac

Rs 24.75

Rs 24.75

SB account -NIL

National E-toll Collection

Tag Issuance Fee

Rs 84.74/-

National E-toll Collection

Tag Replacement Charge

Rs 50/-

NACH

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

Rs 100/-

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

RuPay KCC

RuPay Mudra

Debit Card Other charges

Charge - slip retrieval charges

Rs 400/- per retrieval.

IRCTC online TICKET BOOKING

Rs 10/-

Rs 200/-

ATM

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

Cash Withdrawal

For Classic variant : Rs 250/-
For Platinum variant : Rs 450/-

Balance Inquiry

Rs 30/-

Pre-paid Card

Gift Card -Issuance : For amount up to Rs 2,000/-

Rs 50/-

Gift Card -Issuance : For amount Rs 2,001/- Rs 10,000/-

Rs 100/-

Gift Card -Revalidation charges

Rs 100/-

Gift Card -Card Usage Charges (Per balance Inquiry)

Rs 10/-

Reloadable card: Issuance charges

Rs 100/-

Reloadable card-Revalidation charges

Rs 100/-

Reloadable card -Other Service charges

Rs 20/-

Travel Card Issuance fees - USD/GBP/EURO

Rs 150/-

Travel Card Stand by card fees - USD/GBP/EURO

Rs 150/-

Travel Card Re load fees - USD/GBP/EURO

Rs 55/-

Travel Card- Replacement Card fee in case of lost/stolen card (post age extra) USD

USD 3.0

Travel Card- Replacement Card fee in case of lost/stolen card (post age extra) GBP

GBP 3.0

Travel Card- Replacement Card fee in case of lost/stolen card (postage extra) EURO

EUR 3.0

Travel Card- Chargeback fee USD

USD 2.0

Travel Card- Chargeback fee GBP

GBP 2.0

Travel Card- Chargeback fee EURO

EUR 2.0

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 applicable.

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

USD 5.0 /GBP 5.0 /EURO 5.0

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

1.

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.

2.

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

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.

3.

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

In addition to the above actual conveyance and out of pocket exp. reimbursed to be recovered

Sr. No.

Area of Banking Service

Revised service Charges
(Excluding GST) w.e.f. 20.06.2019

1

A/c Opening Charges

Rs 500/- for Individuals and Rs 750 for Non Individuals
(under revision)

2

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.

3

Dematerlisation of shares

Rs 5.00 per certificate with minimum of Rs 50/- plus actual postage plus

4

Re-materlisation

5

Transaction Charges

6

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

7

Pledge Creation

Rs 100/- per ISIN per request

8

Pledge Creation confirmation

Rs 100/- per ISIN per request

9

Pledge Closure

NIL

10

Pledge Closure Confirmation

NIL

11

Pledge Invocation

Rs 100/- per ISIN per request

12

Failed instruction Charges

Nil

13

Other 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.

14

Overdue Charges

Interest @18% p.a. will be payable for payment of service charges after due date (under revision)

15

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.

16

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.

17

Statutory Charges at the time of Account Opening

Nil

18

Advance / Deposit

Nil

Installation chrgs

NIL

MDR

0

Debit card

0

Txn upto 1000

NIL

from 1000 to 2000

NIL

above 2000

0.90%

Credit card

0

Standard
(for all credit card & International Debit Card)

1.99%

premium

1.99%

super premium

1.99%

Diners & Discover Cards

3%

Security Deposit

1) GPRS Fixed/Wireless/ PC POS -Rs 10000/-
2) PSTN: Rs 6000/-

Copy of Charge Slip

0

Mark Up for International Txn

0

Sr. No.

Area of Banking Service

Revised service Charges
(Excluding GST) w.e.f. 20.06.2019

1

(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 cap

(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 under:

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.

5

Documentation Charges

(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).

6

Charges for carrying out inspection of securities charged to the bank
(for other than retail loans)

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).

7

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 collection charges

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

• Usual collection charges as applicable for the respective slab i.e. Section II-1 in case of cheques and Section II-3 in case of supply / purchase bills are to be levied in all cases in addition to interest.
• Collecting Banks’ charges, if any, should be recovered in full.
• When the bills are tendered for discount under the Bills Rediscounting scheme, besides collecting the discount at the prevailing rates, normal service charges like actual conveyance and actual out of pocket expenses reimbursed etc in sending the bills to SIDBI/IDBI also to be collected.
• “Date of actual reimbursement” means:
• Where a Bill is sent to our branch, the date on which funds are actually received at the Drawee Centre.
• Where Bills are sent to other Banks or where instruments are returned unpaid, the date of reversal of the B.P. entry at the purchasing branch.
• Change of original instruction in respect of Bills Purchase discounted – Rs. 50/- per request.

Mentioned rates are also applicable to all segments.
(HO:BR:111:203 dated 29.07.2019)

10

Providing Credit opinion (including opinion & introduction)

Rs. 500
$ 100 in respect of foreign banks

11

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/-

12

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

13

Revision of Repayment schedule in respect of TL/DL

No Charges

14

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.

15

(A) Charges for TEV study
(when report is not shared with the customer)

Project cost:

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 authority)

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 borrowers.

16

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. 25,000/-

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 deeds also.

The charge is applicable for extension of equitable mortgage recorded in favour of other lenders also.

17

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.

18

Modification Charges

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 Collateral
Interchangeability of limits
Release/ Substitution of Personal Guarantee/Collateral Security
Change in Project/ items of machinery
Ceding of charges on Assets
Rephasement of Loans/ Deferment of Loan instalments
Approvals for mergers & amalgamations
Modification in Rate of Interest
Any other miscellaneous credit related approvals

19

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.

20

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

21

Charges for copy of the documents for submission to any statutory authority

Actual photocopying charges + Rs.1000/-

22

Charges if presence of bank official is required along with the documents for photo copies

Actual photocopying charges + Rs. 2000/- + Out of pocket expenses

23

Charges for cancellation of Bank’s lien on Government Securities / LIC Policies on closure of the Loan

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