NKGSB Cooperative Bank Ltd.

1

Collection of Outstanding Cheques :
Inward & Outward (Including on outstation
branches)

Up to and including Rs. 5,000/-

Above 5,000/- and Up to & including Rs. 10,000/-

Above Rs. 10,000/- and Upto & including Rs. 1,00,000/-

Above Rs. 1,00,000/-

-not exceeding Rs. 25/- per transaction

-not exceeding Rs. 50/- per transaction

-not exceeding Rs. 100/- per transaction

-not exceeding Rs. 150/- per transaction

2

Collection of Bills :
(For purchase / Discount / Collection and for Outward /Inward)

Upto 1000/-

Above Rs. 1,000/- upto Rs. 5,000/-

Above Rs. 5,000/- upto Rs. 10,000/-

Rs. 10,000/- upto Rs. 10.00 lac

Above Rs. 10.00 lac upto Rs. 25.00 lacs

Rs. 25/-

Rs. 50/-

Rs. 5/- per 1,000/- or part thereof

Rs. 4.50 per 1,000/- or part thereof
(Maximum Rs. 3,500/-)

Above rates plus Postage and collecting bank’s charges

3

Remittances, Issuance of Demand Drafts
/Mail / Telegraphic Transfers

Upto Rs. 500/-

Above Rs. 500/- to Rs. 1000/-

Above Rs. 1000/- to Rs. 10,000/-

Above Rs. 10,000/- upto Rs. 1.00 lac

Above Rs. 1.00 lac upto Rs. 10.00 lacs

Above Rs. 10.00 lac upto Rs. 25.00 lacs

A) Charges (all inclusive) for DD’s
on our branches and branches covered under Desk Drawing arrangement with Citibank / HDFC Bank

Rs. 10/-

Rs. 15/-

Rs. 20/-

Rs. 2 per Rs. 1000/-

Rs. 1.50 per Rs. 1000/- (Minimum Rs. 200/-)

Rs. 1/- per Rs. 1000/- (Minimum Rs. 1,500)

B) In case of DD on branches of other
banks :
Other bank’s charges plus 50% of
regular commission charged by issuing
banks

4

Revalidation /Cancellation of Draft & issuance of new draft

Rs. 30/- per instrument

5

Issuance of Bank’s pay order / upcountry
cheques

Upto Rs. 500/-

Above Rs. 500/- upto Rs. 1000/-

Above Rs. 1000/- upto Rs. 5000/-

Above Rs. 5000/- upto Rs. 10000/-

Above Rs. 10000/- upto Rs. 1.00 lac

Above Rs. 1.00 lac upto Rs. 10.00 lacs

Above Rs. 10.00 lacs

Rs. 10/-

Rs. 15/-

Rs. 20/-

Rs. 25/-

Rs. 1.50 per Rs. 1000/- or part thereof
(Minimum Rs. 20)

Rs. 1/- per Rs. 1,000/-

Rs. 0.50 per Rs. 1,000/-
(Maximum Rs. 1000)

6

Ledger Folio Charges

CD/OD/CC Accounts

RD Late Fee

Rs. 25/- per folio of 40 entries treated as one ledger folio Half yearly
(Minimum Rs. 50/-)

Rs. 1.50 per Rs. 100/-

7

a

b

c

d

Processing charges

Lease Rentals

Personal Loan up to Rs. 2.00 lacs

Business Loan

Retail Sector Loan

Rs. 500/-

0.25% of loan amount

0.25% of loan amount
(Maximum Rs. 1.00 lacs)

7

a

b

c

d

e

Processing charges of Renewal of existing limits

50% of above rates will be charged

50% of fees will be refunded, in case of rejection minus handling charges Rs. 200/-

No processing fees for advances against FDR, NSC, RD, Staff loan.

For non fund based limits–50% of above rates (Minimum processing charges Rs.500/-)

Commitment charges - 1% applicable for CC more than 10 lacs if utilization below 85% of limit

8

a

b

L/C / Bank Guarantee (BG) /Counter Guarantee

Guarantees issued by our bank
Service Charges

Commission

Secured by 100% margin

Secured above 50% upto 99%

Secured by 25% to 50%

Secured by 10% to 25%

(0.25% of BG Amount)*1/2
(Minimum Rs. 400/)

Rs. 100/- + 1% BG Amount

Rs. 100/- + 2% BG Amount

Rs. 100/- + 3% BG Amount

Rs. 100/- + 4% BG Amount

i	L/C /Guarantee issued by Agent Bank against our counter guarantee 50% of above rates
ii	A part of year is to be treated as Full Year
iii	Actual charges and commission of Agent Bank to be borne separately

9

a

b

c

Demat Charges

One time account opening

Annual Maintenance Charges

Transaction Charges

Nil

Rs. 300/-

0.03% of the market value
(Minimum Rs. 25/-)

10

Handling charges
outward cheques / bills returned unpaid

Local & Outstation

Rs. 50/- per instrument + out of pocket
expenses

11

Handling charges for inward cheques / ECS / bills returned unpaid

0.20% of amount of instrument
(Minimum Rs. 30/-)

12

Collection of Deposit Receipts on maturity /Interest and Dividend on NSC’s, Bond, Share etc.

For Local collection

For outstation

As per pay order charges

As per DD charges

13

Postage & Telecommunication

Borrower /Guarantee Notice

Final Demand Notice

Salary Attachment Notice

Stock Statement& Renewal Paper Reminder

Locker Rent & Demat Charges Reminder

Rs. 50/-

Rs. 100/-

Rs. 200/-

Rs. 50/-

14

Standing Instructions to transfer funds
Account to Account

i)	Rs. 10/- per transaction plus charges for pay orders /DD issued and postage
ii)	No charges for transfer from SB to RD / FD

15

Safe Custody charges

Share Scripts /NSC / Units / Govt. Securities
etc

Sealed Cover

Sealed Boxes / gold ornaments / Bank’s own Fixed Deposits Receipts

Rs.100/- p.a. plus Rs. 50/- per for Lodgment / Replace / Release of script

Rs. 25/- per cover p.a. or part thereof 1.5% of limit at the time of lodgment Minimum Rs. 200/- and
Maximum Rs.1500/-

No Charges

16

a

b

c

Duplicate Statement / Pass Book

CD /OD/SB/Loan Accounts

FDR/RD/PP etc.

Share Certificate

Rs. 25 per ledger folio
Minimum charges per entry :

	Rs. 50/- per account upto 6 months
	Rs. 100/- upto 1 years
	Rs. 200/- upto 2 years
	Rs. 300/- upto 3 years & above

Rs. 20/- per receipt/pass book

Rs. 20/- per certificate

17

Stop payment instructions
for all types of accounts

Rs. 25/- per instrument

18

a

b

c

Issuance of MICR Cheque Books
CD/OD/SB Accounts

Savings Account

Current Account

CC/OD Account

Free 60 leaves per year, over & above Re 1/- per cheque leaf

Free cheque book with average balance of Rs. 1 lac / otherwise Re 1/- per cheque leaf

Free cheque book with credit exposure above Rs.50 lacs / otherwise Rs. 1/- per cheque leaf

For PDC issued to other bank –
Rs. 3/- per leaf

19

Closure of SB/CD/CC accounts

A) Within 6 months
i) SB/CD/RD-Rs. 50/-
ii)CC/OD – Rs. 100/-

B) After 6 months half of above (i) & (ii)

Unused cheque leaf charges will be debited as applicable.

20

Fate Enquiry

Rs. 25/- plus actual expenses

21

Inspection of Stocks/Book Debts/Factory Plant & Machinery / Vehicle etc

Actual expenses + Rs. 200/- for lien marking

22

Issuance of Solvency Certificates

Upto Rs. 1.00 lac

Above Rs. 1.00 lacs upto Rs. 25.00 lacs

Above Rs. 25.00 lacs upto Rs. 50.00 lacs

0.1% of amount to be certified
(Minimum Rs. 500/-)

23

i.

ii.

iii.

Miscellaneous Charges

Loss of Token

Operational instructions/ Notice of P.A/ Letter of Mandate, Board Resolution etc.

Gold Appraisal Charges

Rs. 50/- per Token

Rs. 10/- per transaction

Rs. 50/- + actual charges

24

Safe Deposit Locker security deposit

1) 3 Years Security Deposits
Locker Type	Amt.	Int. Rate
A to E	Rs. 2500/-	@ 7.50%
F to L	Rs. 10000/-	@ 7.50%
2) New lockers service charges – Rs.200/- + Stamp Duty
3) Charges for surrender of locker- Rs. 100/-
4) Replacement of Key (break/ open charges – Rs.300/- + actual expenses

Safe Deposit Locker Rent :

Locker Type

A

B

C

D

E

F

G

H

H1

K

Rent per annum

Rs. 400/-

Rs. 600/-

Rs. 700/-

Rs. 800/-

Rs. 1000/-

Rs. 1500/-

Rs. 1600/-

Rs. 2100/-

Rs. 1600/-

Rs. 4000/-

25

ABB Transaction charges

Cash transaction Rs. 25,000/- per day per account

Transfer transaction-

Maximum Rs.10 Lacs ( Mumbai & Thane)

Maximum Rs. 2.5 lacs (for other branches)

0.10% of amount withdrawn
(Minimum Rs. 10/-) per transaction

Minimum as per above

Maximum Rs. 5000/- per transaction

26

FOREX Transaction (through Agent Bank)

Sight L/C		Usance L/C
KBL	HDFC	KBL	HDFC
0.15%	0.15%	0.15%	0.15%
1500/-	1500/-	1500/-	1500/-
0.20%	0.15%	0.20% (up to 90 days) 0.275% (upto 120 days)	0.30% (up to 90 days) (Additional charges for every additional month in excess of 3 months @ 0.075%)
(Minimum one quarter – if validity falls in next quarter then 0.15% charged in addition.)

27

AMENDMENT IN LC (other than change in amount in L/C)	750/-	1000/-
Retirement charges	0.15%	0.15%	0.15%	0.15%
Swift	500/-	500/-	500/-	500/-
Counter Guarantee Charges	- 1% p.a. of Letter of credit amount for the specified period - If L/C is for one quarter - then - 0.25% on L/C amount - If L/C falls in nest quarter - additional 0.25% will be charged
Opening	Sight L/C		Usance L/C
	0.15%		0.15%
Courier	150 /-		150 /-
Commission	0.20%		0.30% (upto 90 days) (additional charges for – every additional month in excess of three months @ 0.075%)
	(Minimum one quarter – if validity falls in next quarter @ 0.15% charged in addition.)

28

IDBC – Inland Document Bill Collection

1.	Rs. 1500/- per bill
2.	Upfront interest as per sanction

29

TT Advance Payment (A1)

1.	Swift Rs. 100/-
2.	Agent Bank’s commission - 0.25% of transaction amount (Minimum Rs. 1000/-)
3.	Our commission @ 0.25% per Rs. 1000/- Minimum Rs. 100/-

29

TT – Advance Payment (A1)

1.	Swift Rs. 500/-
2.	Agent Bank’s commission - 0.25% of transaction amount (Minimum Rs. 1000/-)
3.	Our commission @ 0.25% per Rs. 1000/- Minimum Rs. 100/-

29A

TT – Advance Payment (A2)

1.	Swift Rs. 100/-
2.	Agent Bank’s commission – 0.15% of transaction amount Minimum Rs. 500/-
3.	Our commission - @ 0.25% per Rs. 1000/- Minimum Rs.100/-

30

Inward Foreign Bills for Collection

1.	Swift Rs. 500/-
2.	Agent Bank’s commission - 0.25% of transaction amount (Minimum Rs. 1000/-)
3.	Our Commission – Rs 1/- per Rs. 1000/-

31

Foreign Documentary Bills for Collection

Commission @ 0.625% of bill amount +
courier charges RS. 1500/-

32

Inward Remittance

1.	Commission of Agent Bank Rs. 500/-
2.	Our commission Minimum Rs. 100 Maximum Rs. 500/-

33

FCBC – Foreign Currency Bills for collection

1.	Commission of Agent Bank @ 0.25% or Rs. 500/- whichever is more
2.	Our commission @ 0.50% per Rs. 1000/- or Rs. 100/- whichever is more

34

Incidental Charges for Minimum balance
a.	Saving Account
b.	Current Account

Rs. 20/- per instance

Rs. 50/- per instance

35

Service Charges
In-operative Savings Accounts

Rs. 50/- p.a.

36

Attestation / verification of customer’s signature

Rs. 50/- per document

37

Drawal against clearing
(for current / cash credit /overdraft)

Rs. 0.05% of amount

38

RTGS Charges

Outward Transaction-

Rs. 1,00,000/- to Rs. 2,00,000/-

Above Rs. 2,00,000/- to Rs. 5,00,000/-

Above Rs. 5 lacs

Inward Transaction

- No charges

- not exceeding Rs. 25/- per transaction

- not exceeding Rs. 50/- per transaction

No Charges

39

NEFT Charges

Outward Transaction-

Upto Rs. 1 lac

Above Rs. 1 lac to Rs. 2 lacs

Above Rs. 2 lacs

Inward Transaction

- not exceeding Rs. 5/- per transaction

- not exceeding Rs. 15/- per transaction

- not exceeding Rs. 25/- per transaction

No Charges

40

Cheques Collection :
under Speed Clearing

Up to and including Rs. 1,00,000/-

Above Rs. 1,00,000/-

- No Charges

- Rs. 150/-

Service Tax @ 12.36% to be charged on all the above charges

The revised rates are effective from 1st April 2012