Savings Bank A/c - No frills A/c |
| Minimum Balance |
Rs.10/- |
Savings
Bank A/c - without cheque facility |
| Minimum
Balance |
Rs.500/- |
| Charges
for non maintenance thereof |
Rs.25/- |
Savings Bank A/c - with Cheque facility |
| Minimum Balance |
Rs.1000/- |
| Charges
for non maintenance thereof |
Rs.25/- |
| Cheque Book Charges |
| Upto 40 leaves |
Free |
| Above 40 leaves |
Rs. 2/- per leaf |
Current A/c |
| Minimum
Balance |
Rs.3000/- |
| Charges
for non maintenance thereof |
Rs.50/- |
| Issue
of loose cheque leaves |
Rs.
2/- per leaf |
| Folio Charges : Periodicity of levying - 6 months |
| Avg. Balance |
No. of Free Folios |
Charges per folio
(No. of trns. per folio : 40) |
| Upto Rs. 25,000/- |
Nil |
Rs. 50/- |
| Rs. 25,001 - 50,000/- |
3 |
| Rs. 50,001 - 1,00,000/- |
5 |
| Rs. 1,00,001 - 2,00,000/- |
10 |
| Above Rs. 2,00,000/- |
Unlimited |
Other Services |
| Issue
of Duplicate statement |
Rs.50/-
per page |
Account
Closure |
Savings Bank A/c
Rs. 50/-
|
Current A/c
Rs. 50/- |
| Stop
Payment Charges |
Rs.
50/- per instrument |
Remittances
Facilities through our Bank |
| DD
- Issue |
Rs. 0.50/- per
Rs.1000/- or part thereof subject to a minimum of Rs.10/- per instrument upto Rs.1.00 lac.
Rs 0.50/- per Rs. 1000/- or part thereof subject to a minimum of Rs. 50/- per instrument above Rs.1.00 lac. |
| DD - Cancellation |
Rs.10/- |
| PO - Issue |
Rs. 0.50/- per Rs.1000/- or part thereof with a minimum of Rs.
10/- |
| PO
- Cancellation |
Rs.
20/- per instrument |
Remittance
Facilities through other Bank |
| DD
- Issue |
HDFC, ICICI Bank Ltd., & Bank of Rajasthan Ltd., Rs. 1/- per Rs.1000/- or part thereof
subject to a minimum of Rs. 15/- per instrument upto Rs.1.00 lac.
Rs. 0.80 ps per Rs. 1000/- or part thereof subject to a
minimum of Rs. 100/- on DD above Rs. 1.00 lac |
Remittance
Facilities through State Bank of India |
| DD
- Issue |
Upto Rs. 1 Lakh @ Re.1 per thousand. Minimum Commission Rs.40/- plus Service Tax.
Above Rs.1 lakh @Re.0.80 per thousand. Minimum CommissionRs.100/- plus Service Tax. |
Remittance
Facilities through State Bank of Indore |
| DD
- Issue |
All amounts Rs.2/- per thousand. Minimum Commission Rs. 20/- plus Service Tax. |
Cheque
Collection |
| Local |
NIL |
| Outstation
through our Bank |
For Cheques below Rs. 10,000/- - Rs. 50/- per instrument
Rs. 10,000/- to Rs. 1.00 Lacs - Rs. 100/- per instrument
Above Rs. 1,00,001/- - Rs. 150/- per instrument |
| Outstation
through other Bank |
For Cheques below Rs. 10,000/- - Rs. 50/- per instrument
Rs. 10,000/- to Rs. 1.00 Lacs - Rs. 100/- per instrument
Above Rs. 1,00,001/- - Rs. 150/- per instrument |
| Bouncing
of Cheques - Local |
|
| Inward |
Rs.
100/- for CA/CC or @18% p.a. whichever is higher. |
| Outward |
Rs.
10/- for CA/CC or @18% p.a. whichever is higher in case of returns in credit facilities accounts. |
| ECS Return outward |
Rs. 100/- |
| Bouncing
of Cheques - Outstation - through Our Bank |
Rs.
0.15 ps per Rs. 1000/- with a minimum of Rs. 15/- plus postage. |
| Bouncing
of Cheques - Outstation - through other Banks |
Rs.
0.15 ps per Rs. 1000/- with a minimum of Rs. 15/- plus postage. |
Retail
Loan |
| Loan
Processing Charges |
For
limits 0.25% and for Loans 0.50%
(For Rs. 1.00 lac and above) |
| Foreclosure charges when loan taken over. |
2% of Outstanding limits.
2% of Loan Outstanding. |
| Solvency
Certificate |
0.25%
of the amount applied |
| Charges
for late payment of EMI |
2% p.a. |
| Renewal
Charges |
loan
processing charges as applicable |
| Late
payment charges |
2% p.a. |
| Commitment Charges |
35% of the sanction limit will be charged at applicable rate for all limits excepting limits against F.D. and Gold Ornaments on annualised basis. Not applicable if the average credit balance equivalent to 50% of the sanctioned limit is maintained in the other / same account during the period under review (other account include accounts maintained by the sister concerns). |
Commission on Bank Guarantees |
| Against 100% Cash Margin/FD |
1% p.a. of the Guarantee Amount.
Minimum Commission Rs. 100/- |
| Against 25% cash margin/FD and Collateral Security for 75% |
2% p. a.
of the Guarantee Amount. |
| BGs issued by Other Banks through A. P. Mahesh Bank: |
Based on
Issuing Bank’s terms and conditions. |
Commission on Foreign Letters of Credit (for Imports) |
| Import LCs are issued through IDBI Bank Limited as per
following tariff: |
|
| Sight basis |
Validity : 0.15% |
Sight : 0.15% |
| Usance basis |
Validity : 0.15% |
|
| Upto 3 months |
0.30% |
| Above 3 months |
0.30% plus 0.075% p.m. for period above 3 months |
| Amendment to LC |
Rs. 1000/- per L.C. |
|
Other Charges |
| Swift Charges |
Rs. 2500/- per LC |
| Swift Charges for each amendment |
Rs. 1000/- per LC |
RTGS Charges |
| Upto Rs. 5 Lakhs |
Rs. 25/- |
| Above Rs. 5 Lakhs |
Rs. 50/- |
| Note
: Service Tax as applicable will be charged in addition to
the above charges. |
