The following Service charges shall be effective from 01-01.2024.

1.Cheque Book Issue Charges :
a) Savings Bank: Rs.5.00  per leaf. ( First 10 Leaves free )
b) Current Account: Rs.6.00  per leaf. ( No Free Leaves )

 

2. Inward  Clearing / Collection Cheques Returns:
a) Upto Rs.50,000: Rs. 200/- (Inc.18% GST).
b) Rs.50,000/- to Rs 1.00,000: Rs. 250/- (Inc.18% GST).
c) Rs.1,00,000/- and above: Rs. 20/- for every Rs10,000/- or part thereof, (Inc.18% GST).
d) Collection Cheques Returned Unpaid: Rs.500 /- Per Cheque. As VPL Charges

 

3. ECS Debits Return for Insufficient Funds:
a) Upto Rs.1.00 Lac: Rs. 100/- per transaction
b) Rs 1.00 Lac and above: Rs. 20/- for every Rs.10, 000/- or part thereof and 18% GST.

 

4. Outward Clearing / Collection Return charges :
a) Outward Clearing: Rs. 500/- per Cheque (Inc.18% GST).

 

5. Cheque Stop Payment Charges:
a) For recording Stop  Payment Instructions: Rs 500/- per Cheque.
b) For reversing  the Instructions: Rs 100/- per Cheque.

 

6. Non Maintenance of Minimum balance     :
a)  Savings Bank Account: Rs. 50/- per Month
b)  Current Account: Rs. 100/- per month

 

7. Folio Charges :
a) Upto 40 Transactions: Rs. NIL
b) Above 40 but below 80 transactions: Rs. 50/-
c) Above  80 but below  200 transactions: Rs.100/-
d) Above 200 transactions but below 500 transactions: Rs.300/-
e) Above 500 transactions: Rs.500/-.

 

8.  Account Closing Charges:
a) Savings Bank Account & ATM Rupay Card: Rs. 150 +50 = 200/-.
b) Current Account & ATM Rupay Card: Rs. 200/-

 

9. Exchange On Banker’s Cheques :
a) Upto Rs.10,000/-  : Rs 30/-.
b) Above Rs 10,000/- : Rs 3/- per thousand with a min. of Rs. 50/-
c) Issuance of Duplicate / Cancellation: Rs.100/- per instrument Charges.

 

10.  Commission On OBCs:
a) Upto Rs.10,000/- : Rs. 60/- per instrument. plus Postage Charges.
b)  Above Rs 10000/-  to Rs 1.00 lac: Rs 100/- per instrument plus Postage Charges
c)  Rs 1.00 Lac and above: 0.2% for every Rs.10,000/- or part thereof and 18% GST.

11.Exchane on CBPs  :

Exchange of Rs. 200/- per instrument and Interest @ 20 @  for 3 days plus 18% GST.

 

12. Processing Charges on Loans and Advances :

A)  Cash Credits and term Loans :
a) Below  Rs.10.00 lacs 2.00% of the limit.
b) From Rs.10.00 lacs to Below  Rs.20.00 lacs 1.5% of the limit
c) From Rs 20.00 lacs  and above 1.00% of the limit
In case of Renewals, 50%  of  the processing charges applicable for new limits.
B)   Inland Bank Guarantees:
a) Where the limit is sanctioned with 25% cash margin and the remaining 75%  un secured  portion is collaterally secured by Immovable property.(2.75% P.A).
b) Where the limit is sanction with 100% cash margin 0.75% P.A.
C) Fixation of EMI in respect of term loans:
a) Up to Rs.10.00 lakhs: Repayable in 60 EMI
b) From Rs.10.01 lakhs to Rs.19.99 lakhs : Repayable in 72 EMI
c) From Rs.20.00 to above : Repayable in 84 EMI
D)  Gold Loans :
i) Appraisal Charges @ 0.50% of the Value of the Net weight of the ornaments or  the limit sanction whichever is lower –  with a minimum of Rs. 50/- and Maximum of Rs. 2500/-.
ii) Storage of Charges of Rs. 25/- per Account.

 

13.Miscellaneous Charges:

A) Legal Charges :
i)  Upto Rs. 5.00 lacs:  Rs.3,000/-
ii) Above Rs. 5.00 lacs:  Rs 3,000/- plus  additional Rs.1000/-shall be paid for obtaining the Search Report from the S.R.O.
B) Valuation of the Immovable Property:
i) If the loan amount is Rs.5.00 lacs or less: minimum 0.50%  maximum of Rs.10,000/-
ii) If the loan amount is above Rs.5.00 lacs: 0.2% of the loan amount subject of Maximum of Rs. 10,000/- .
C) Penal Interest on Irregular Advances / Loans:
a) Additional 2% on the irregular portion beyond the drawing power till the account is regularize or up to a period of 3 months, whichever is earlier.
b) Additional 2 % of the entire outstanding till the date of  regularization.
c) In case of CAO / CC Accounts penal interest of 1% on the entire outstanding shall be charged  for non-submission of renewal date  beyond 3 months from the due date for the renewal.
d) Commitment charges@ 2% P A on un-utilized  portion of limits.
D) Inspection Charges / Visit Charges:
a) Up to a limit of  Rs. 20.00 Lakhs NIL
b) Limits above  Rs. 20.00 Lakhs Rs. 500/- P.A
E) RTGS /NEFT Charges Inclusive of 18% GST:
NEFT  up to  Rs. 10,000/- : Rs.   3.00.
10,001/- To up to  Rs.1,00,000/- : Rs.   6.00.
1,00,001/- to  Rs.2,00,000/-: Rs.  18.00.
RTGS:Rs.2,00,001 /- to  Rs. 5,00,000/-: Rs. 30.00.
Rs.5,00,001/-  and Above : Rs. 59.00.
F) PASS BOOK  Charges:
1st Pass Book charges :- NIL
2nd Pass Book charges Rs. 100/- each book
G) Mobile  SMS :
Every Half year charges coll. from Parties on actual basis.
H) ATM Cards:
a) Re issue ATM Cards  – Charges Coll. Rs.250/-
b) Re issue ATM Pin– Charges Coll. Rs.250/-
c) All POS transaction FREE.

14) Locker Rent:

1. L B Nagar Branch:
i) Small Size. Rs. 1,000  ( Plus  18% GST).
ii) Medium Size. Rs. 1,700 (Plus  18% GST).
iii) Big Size. Rs. 3,500 (Plus  18% GST).

 

2. Gaddiannaram Branch:
a) Steelage Lockers: (w.e.f: 01.07.2022)
i) Small Size. Rs. 1,000  (Plus  18% GST).
ii) Medium Size. Rs. 1,700 (Plus  18% GST).
iii) Large Size. Rs. 3,500 (Plus  18% GST).
iv) Big Size. Rs. 4,000 (Plus  18% GST).
b). Godrej Lockers: (w.e.f: 01.07.2022)
i) Small Size. Rs. 1,100  (Plus  18% GST).
ii) Medium Size. Rs. 1,200 (Plus 18% GST).
iii) Medium Large Size. Rs. 2,000 (Plus 18% GST).
iv) Semi Large Size. Rs. 2,200 (Plus 18% GST).
v) Large Size. Rs. 3,500 (Plus 18% GST).

 

3. Ramanthapur Branch:
a) Steelage Lockers: (w.e.f: 01.07.2022)
i) Small Size. Rs. 1,000  (Plus 18% GST).
ii) Medium Size. Rs. 2,500 (Plus 18% GST).
iii) Large Size. Rs. 3,500 ( Plus 18% GST).
b). Godrej Lockers: (w.e.f: 01.07.2022)
i) Small Size. Rs. 1,500  (Plus 18% GST).
ii) Medium Size. Rs. 2,400 (Plus 18% GST).
iii) Big Size. Rs. 4,500 (Plus 18% GST).

 

4. Gudimalkapur Branch:
a) Steelage Lockers: (w.e.f: 01.07.2022)
i) Small Size. Rs. 1,000  (Plus 18% GST).
ii) Medium Size. Rs. 1,500 (Plus 18% GST).
iii) Medium Large Size. Rs. 2,000 (Plus 18% GST).
iv) Semi Size. Rs. 1,700 (Plus 18% GST).
v) Semi Large Size. Rs. 2,500 (Plus 18% GST).
vi) Large Size. Rs. 3,500 (Plus 18% GST).
vii) Extra Large Size. Rs. 4,100 (Plus 18% GST).

 

5. Krishnaveni Nagar Colony:
a). Steelage Lockers: (w.e.f: 09.03.2023)
i) Medium Size. Rs. 2,500 (Plus 18% GST).
ii) Medium Large Size. Rs. 3,500 (Plus 18% GST).
iii) Extra Large Size. Rs. 7,000 (Plus 18% GST).
b) Godrej Lockers:
i)  Small Size. Rs. 1,500  (Plus 18% GST).

 

6. Boduppal Branch:
a) Steelage Lockers: (w.e.f: 14.06.2023)
i) Small Size. Rs. 1,500 (Plus 18% GST).
b). Godrej Lockers:
i) Medium Size. Rs. 2,500  (Plus 18% GST).
ii) Big Size. Rs. 3,500  (Plus 18% GST).