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ABB Charges

(Intersole Transaction & Cash Deposit Charges)

 
S.N. Details Charges (Rs.)
1 Savings Bank A/c
  (i) Intersole Transaction Charges

 

NIL (w.e.f. 01/11/2007)

 

  (ii) Intersol Cash Deposit Charges @ Rs. 2.50 per thousand or part thereof on deposit of cash in excess of Rs.1.00 lac in a day with the minimum Rs. 25/-
2 Current Deposit Account
  (i) Intersole Transaction Charges @ Rs.2/- per thousand or part thereof with the minimum of Rs.25/- and maximum of Rs.2500/- per transaction. However, no Intersole transaction charges should be levied on (a) Intersole transactions upto five times of the monthly average balance maintained in the account in a month, provided the monthly average balance in the account is Rs. 10000/- and more but less than Rs. Two Crores.(b) Intersole transactions upto six times of the monthly average balance maintained in the account in a month, provided the monthly average balance in the account exceeds Rs.2.00 Crores.( c ) Intersole transactions upto five times or six times of the monthly average credit balance in CD Account with the facility of overdraft against Bank's own term deposits, provided the monthly average credit balance (to be calculated on the basis of total days of the month) in the account is Rs. 10000/- and more but less than Rs. Two Crores or Rs.2.00 Crores and above respectively
  (ii) Intersol Cash Deposit Charges @ Rs. 2.50 per thousand or part thereof with the minimum of Rs. 25/-
3. Cash Credit Overdraft A/cs
  (Except Overdraft against Bank's Own TDRs)
  (i) Intersole Transaction Charges @ 2.00 per thousand or part thereof with the minimum of Rs. 25/- and maximum of Rs. 2500/- per transaction on all Intersole transactions.
  (ii) Intersol Cash Deposit Charges @ Rs. 2.50 per thousand or part thereof with the minimum of Rs. 25/-

Note:

a. No Intersole Cash Deposit Charges be levied on deposit of cash upto Rs. 20000/- in SB Account and upto Rs. 50000/- in CD Account on deposit of cash at any other branch in the same city.
b. Intersole Cash deposit charges should be recovered by the branch where cash is deposited at the time of deposit of cash.
c. No intersole transaction charges be recovered on collection/ payments of local cheques by clubbing the branches at the same city.
d. For the purpose of calculation of Average Balance and ABB charges, the balances upto 26th of every month be taken, and the charges be applied on the 27th of every month. In case 27th is holiday these charges will be applied on the next day.
  • Cheque Book Charges: - @ Rs. 2/- per cheque leaf.
  • Issuance of duplicate Pass Book / Statement of Accounts:- Rs. 50/- per Pass-Book / Statement irrespective of number of pages
  • Ledger Folio charges in CD & CC Accounts (to be recovered on half yearly)
    a. Rs.60/- per ledger folio at Metro, Urban & Semi Urban branches.
    b. Rs.50/- per ledger folio at Rural branches.
    Note: 40 entries or part thereof should be treated as one ledger folio for accounts being maintained on computers.
  • Monthly Charges for non maintenance of average minimum balance of Rs 1,000/- in Savings Bank account & Rs 5,000/- in Current Deposit account:
    CD A/cs Rs.105/- per month
    SB A/cs Rs. 21/- per month
 

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