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Service Charges  

 

REVISED NON-LENDING / LENDING SERVICE CHARGES


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SERVICE CHARGES FOR GENERATION OF CREDIT INFORMATION REPORT FROM CREDIT INFORMATION COMPANIES

Revised Charges(Uniformly for all the CICs) with effect from 01.04.2015:

Nature of Report
Revised Charges
Consumer Reports
Rs. 100/- + Applicable Service Tax
Commercial Reports
Rs. 1200/- + Applicable Service Tax

 

 

 

 
SERVICE CHARGES ON NON-CREDIT MATTERS EFFECTIVE FROM 01.06.2015
(including Service Tax @ 14%]
 
Chapter - I
DEPOSITS
 

Sl.
No.
Services
Other than
Individuals
Individuals*
Other than Rural
Rural
1
2
3
4
5
1. (A) LEDGER FOLIO CHARGES – SB Accounts : No Folio Charges
1. (B) LEDGER FOLIO CHARGES – Current Accounts
 
For computerized (40 entries or part thereof considered as one ledger page / folio) – Charges per folio per half year
` 81
` 81
` 81
However, to the extent shown below, free folios annually are allowed depending on the daily average credit balances maintained by the Account Holders (on half yearly basis) and CC (M) accounts covered fully against Term Deposits with requisite margin, folio charges are exempted.
Up to ` 25,000/-
Nil
Nil
Nil
` 25,001/-to `  50,000/-
Nil
3    
3     
` 50,001/- to `  1,00,000/-
3    
5    
5    
` 1,00,001/- to `  2,00,000/-
5    
10    
10  
` 2,00,001/- to ` 5,00,000/-
10   
All
All
Above Rs. 5,00,000/-
All
All
All

 * Individuals means
     a) Accounts opened in single name by individual persons
     b) Accounts opened in joint names by individual persons
     c) Kartha of a HUF
 
1.    No folio charges need be levied on accounts maintained by Regional Rural Banks with the public sector banks
 


1
                            2
3
4
5
 
2. Standing instructions:
 
 
a) Accepting & recording of execution of standing instructions (subject to note  below)
` 36/-
` 31/-
` 25/-
 
 
b) Execution of Standing Instructions (subject to Note below)
 
 
 
 
i) From a customer’s own a/c to his other a/c either at the same branch or at other branch/es of our Bank
Nil
Nil
Nil
 
ii) From a customer’s own a/c to his other a/c at other Bank (or) third party a/c at other Bank
` 31/- + actual applicable remittance charges
` 20/- + actual applicable remittance charges.
` 10/- + actual applicable remittance charges
 
iii) From customer’s own a/c to third party a/c at the same branch or other branch/es of our Bank
` 31/-
` 20/-
` 10/-
 
iv) Cancellation / revocation of standing instruction - for all types of accounts
` 46/-
` 46/-
` 46/-
 
 
 
 
3. Recording of stop payment instructions per cheque per occassion*
 
 
a) For SB Accounts
` 107/- per cheque
(Maximum ` 533/- per occasion)
` 66/- per cheque
(Maximum `330/- per occasion)
` 46/- per cheque
(Maximum ` 228/- per occasion)
 
b) For Other Accounts
` 107/- per cheque
(Maximum ` 533/- per occasion)
` 86/- per cheque
(Maximum `431/- per occasion)
` 66/- per cheque
(Maximum ` 330/- per occasion)
 
 
c) Cancellation/Revocation of Stop Payment Instruction (all types of accounts)
` 51/-
` 41/-
` 31/-
 
 
* Service charges need not be collected while returning cheques with ‘stop payment instruction’
 
4. Non-maintenance of monthly average minimum balance as required (V-Basic, V-Small, Senior Citizens, Staff Members, Ex-Staff Members, V-Payroll Accounts, Pensioners, Defence Personnel exempted) for general SB / Current Accounts (These charges are not applicable to special schemes and in-operative a/cs)
 
a) SB accounts
` 51/- per month
` 31/- per month
` 31/- per month
 
b) Current accounts
` 132/- per month
` 91/- per month
` 76/- per month
 
For all the three variants of Current Account (Silver, Gold & Platinum) as applicable for the scheme
5. Non compliance with rule regarding maximum withdrawals in Savings Bank account
 
If withdrawals through cheque / withdrawal slips exceed 50 (fifty) times per calendar year
(However, in case of V-Basic SB Account only one Cheque Book of 10 Leaves Per Year is permitted)
` 6/- per   cheque
` 6/-  per   cheque
` 3/- per cheque

 
 

1
                            2
3
4
5
6. Closure of the accounts
 [Except in case of Pensioners, Senior Citizens, V-Basic Accounts, Death of Depositor, transfer to another branch, transfer for term deposits or for opening another joint account]
 
Savings Bank Account
a) If closed within 14 Days
b) If closed from 15 Days to 12 Months
    i) with Cheque Book                           
   ii) Without Cheque Book
c) If closed after 12 Months
 
NIL
 
 
` 157/-
` 61/-
Nil
 
NIL
 
 
` 142/-
` 51/-
Nil
 
NIL
 
 
` 132/-
` 46/-
Nil
Current Account
a) If closed within 14 Days
b) If closed from 15 Days to 12 Months
c) If closed after 12 Months
 
Nil
` 517/-
 
Nil
 
Nil
` 183/-
 
Nil
 
Nil
` 157/-
 
Nil
7. Issue of Pass Book / Statement of Accounts / Term Deposit Receipts etc
i) 
First Time
SB Pass Book or a Term Deposit Receipt will be issued for the first time in the Base Branch only. This will be issued free of cost. However, subsequent entries in the SB Pass Book can be made at any Branch free of cost
ii)
Charges for duplicate
1) SB/RD Pass Book:
i) with only the latest balance (at Base Branch and also at Other Branches subject to confirming the identity)
ii) For recording additional / previous entries – per Page of 40 entries
2) Statement of Account for Current Account, OD/CCM/CCH and such other operative accounts
3) Term Deposits (All cases at   Base Branch)
 
` 102/-
 
` 61/-
 
` 61/-
per page of 40 entries
` 102/­- per receipt
 
` 102/-
 
` 51/-
 
` 51/-
per page of 40 entries
` 81/­- per receipt
 
` 51/-
 
` 31/-
 
` 31/-
per page of 40 entries
` 56/­- per receipt

 
 

1
                            2
3
4
5
8. Issuance of Cheque Books in all centres (other than SB/Current Account Premium Customers, who are governed by the guidelines/relaxations as applicable)
 
i) SB accounts
i) 50 free cheque leaves per calendar year
 
ii) ` 4/- per cheque leaf over and above the 50 free cheque leaves per calendar year.
i) 50 free cheque leaves per calendar year
ii) ` 4/- per cheque leaf over and above the 50 free cheque leaves per calendar year.
i) 50 free cheque leaves per calendar year
ii) ` 4/- per cheque leaf over and above the 50 free cheque leaves per calendar year.
ii) Current / CC (M) /
CC (H) a/c
` 5/- per cheque leaf
` 4/- per cheque leaf
` 4/- per cheque leaf
9. Handling Charges for Cheques Returned Unpaid
 
Local cheques:  
Cheques issued by our account holders but returned unpaid by us through clearing or across the counter for want of funds and/ or cheques deposited by our account holders but returned unpaid by other banks for want of funds:
(a) In case of SB Account (including SB Premium Customers) 
(i) cheque received and deposited by our account holder
 
` 71/- for deposited        cheque    returned
 
` 41/- for deposited cheque returned
 
` 36/- for deposited cheque returned
(ii) cheque issued by our account holder
 ` 223/- for issued cheque returned
` 112/- for issued cheque returned
` 66/- for issued cheque returned
(b) In case of Current / CC(M)/ CC(H) Accounts (including 3 variant Current Accounts)
(i) cheque received and deposited by our account holder
 
` 71/- for deposited cheque returned
 
` 71/- for deposited cheque returned
 
` 71/- for deposited cheque returned
(ii) cheque issued by our account holder
` 279/- for depositedcheque returned
 
` 173/- for issued cheque returned
 
 ` 142/- for issued cheque returned.
 
10. 
 
 
Handling charges on return of ECS : 
 
Charges as applicable to cheque return of SB / Current / CCM / CCH Accounts
 
1
                            2
3
4
5
11. Enquiry on CBS platform, upon written request and after verifying specimen signature (HOC 148/05)
 
a) Balance enquiry
Nil
Nil
Nil
b) Statement of account / Pass Book
i) At parent CBS branch (First Time)
Nil
Nil
Nil
ii) At other CBS branches
- First Time
- Charges for duplicate pass book/statement of account
 
Nil
As indicated under item      No.(8) (ii) above

 
 
Chapter - II
REMITTANCES
 
 

Sl.
No.
Services
Other than
Individuals
Individuals
Other than Rural
Rural
1
2
3
4
5
1. Exchange on Remittances - DDs, etc.
 
Up to ` 1, 000/-
` 31/-
 
` 20/-
 
` 15/-
 
Above ` 1,000/- up to
`10,000/-
` 51/-
 
` 41/-
 
` 25/-
 
Above Rs 10,000/- up to
` 1 lakh
` 3/- per thousand or part thereof with a minimum of ` 51/-
` 2.50 per thousand or part thereof with a minimum of ` 41/-
` 2/- per thousand or part thereof with a minimum of ` 25/-
Above Rs 1.00 lakh up to
` 10 lakhs
` 3/- per thousand or part thereof with a minimum of ` 304/-
` 2.50 per thousand or part thereof with a minimum of ` 254/-
` 2/- per thousand or part thereof with a minimum of ` 203/-
 
Above ` 10 lakhs
` 3/- per thousand or part thereof, with a maximum of ` 30000/-
` 2.50 per thousand or part thereof, with a maximum of ` 25000/-
` 2/- per thousand or part thereof, with a maximum of `20000/-
2. Issue of DDs against tender of cash
 
a. Up to ` 10,000/-
Applicable Normal Rate
 
b. Above ` 10,000/- and up to ` 49,999/-
(No cash DD/Remittances should be issued for Rs. 50000/- & above against cash in terms of HOC 13175, Dated 11.06.2013)
150% of normal charges
(both in rate and cap)

 
 

1
2
3
4
5
3.
 
Demand Drafts - Cancellations
 
a) Issue of fresh demand draft in lieu of lapsed / misplaced / lost demand drafts*
(However, in these cases no cancellation charges as given in (b) below should be collected separately)
` 107/- per instrument
 
` 76/- per instrument
 
` 56/- per instrument
b) Cancellation of Demand Drafts*
` 102/- per instrument
` 76/- per instrument
` 51/- per instrument
 
* If the amount of DD is equal to or less than          ` 1,000/-
` 20/- per instrument to be collected as Service Charge

 
 
4. Cash deposit
i) For SB accounts:
No cash handling charges for cash deposit to the credit of SB A/c of      a customer by the customer himself/herself or by third party either at the base branch or at any other branch. However, this is subject to complying with KYC of third party, declaring the purpose of remittance besides obtaining copy of the PAN Card/Form 60/61 of the remitter, for the remittances above Rs. 49,999/-        
 ii) For Current / CCM / CCH accounts:
 
(a) At any of the Branches by the Account Holder himself/herself or by the
     Third Party:
 

i) Up to One Bundle
 
ii) More than One  
    Bundle
Nil
 
In excess of 1st Bundle, ` 8/- per packet containing 100 notes of same denomination and ` 0.60 per loose note
 
*Overdraft accounts of existing/retired staff are exempted from levying of cash handling charges

 
 (b) Cash Deposited at Cash Deposit Machine by the Account Holder/Third Party at             
       Base Branch/Other than Base Branch:
 

up to and inclusive of ` 49,999/- per day
Nil

 
 
 
5.  Service Charges on cash withdrawal by the account holder himself/herself: 

   If cash is withdrawn at other branches in the same centre/city limit of the base branch
 
 i) SB Account       : Up to ` 50,000/- per day
 
 ii)Current Account : Up to ` 50,000/- per day
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nil
 
Nil
If cash is withdrawn at branches outside the centre/city limit of the base branch
i) SB Account        : Up to ` 50,000/- per day
Nil
 ii) Current Account : Up to ` 50,000/- per day
 
                              Above `  50,000/- and up to a
                              Maximum of ` 1,00,000/- per day
 
Nil
 
` 3/- per thousand or part thereof for the entire amount (to be debited to drawers’ account)

 [The paying branch should collect the charges to the debit of drawer's account 
  Procedurally / manually]
 
 
6. Electronic Funds Transfer (including Intersol)
 
   a) Inward RTGS / NEFT / ECS transactions - free, no charge to be levied.
 
   b) Transfer of funds through RTGS, NEFT, V-Net, etc.,

Electronic
Funds Transfer
System
 
Value Band
Service Charges
inclusive of
Service Tax
 
RTGS
i) Above ` 2 lakhs to ` 5 lakhs
` 34/-
ii) Above ` 5 lakhs
` 63/-
 
 
NEFT
i) Up to ` 10000/- 
` 3/-
ii) Above ` 10000/- up to ` 1 lakh
` 6/-
iii) Above ` 1 lakh up to ` 2 lakh
` 17/-
iv) Above `  2 lakh
`  29/-

 
   c) NEFT    by receiving cash:
 
     If NEFT remittance effected by receiving cash
 

 Upto ` 49999/-
Charges as applicable to NEFT

 
 
Chapter - III
 
COLLECTIONS OF BILLS AND CHEQUES
 
 
1. BILLS
 

Bills for collection – outward / inward (Clean / Documentary / Demand & Usance Bills / Supply Bills)
i)       Upto and inclusive of `10,000/-
`107/-
ii)      Above `10,000/- Upto and inclusive of `10,00,000/-
` 9/- per thousand or part thereof with a minimum of `107/-
iii)     Above `10,00,000/-
` 8/- per thousand or part thereof with a minimum of `9000/- and maximum of `16,000/-

 
2. SERVICE CHARGES FOR OUTSTATION CHEQUE COLLECTION :
(as per RBI directives)
 
Particulars
Revision proposed by our Bank (`)
Including Service tax @ 14%
SB Accounts
(`)
Other than Savings
Bank Accounts
(`)
Up to and including ` 5,000
` 31/-
 
` 61/-
Above ` 5,000 and up to and including ` 10,000
` 61/-
 
` 71/-
 
Above ` 10,000 and up to and including ` 1,00,000
` 122/-
 
` 122/-
 
Above `  1,00,000 to ` 5,00,000
 
Above ` 5,00,000 to `10,00,000
 
Above ` 10,00,000
 
` 228/-
 
` 259/-
 
` 289/-
 
 
 
` 228/-
 
` 259/-
 
` 289/-
 
 
 
 
Note : The above charges are per instrument and all inclusive of postage / courier charges and Service Tax
 
3.     (a) Cheques involving more than two cities / centres
 

Clearing cheques drawn on any other banks can be deposited in branches at the centres other than where the customer has the account and amount will be collected and credited to the customer’s account maintained with any of the branches
Charges as applicable to outstation cheques collection    (as under (2) above)

(b) Cheques involving intra grid under CTS System : NIL
          (Refer HOC 12210, Dt. 10.10.2012 and HOCL 14358, Dt. 05.12.2014)
 

1
2
3
4
5
4. Collection of Fixed Deposit Receipts
 
a) Our Bank Deposit Receipts        
Nil
b) Deposits of other Banks:
i) Where entire proceeds are deposited in term deposits with our Bank for not less than 12 months  
(However, out-of-pocket expenses and other bank charges to be collected)
Nil
ii) Otherwise (i.e., in all other cases where the proceeds are not deposited in term deposits of not less than 12 months)
As applicable to collection of cheques (as under (b) above)
5.    Return of OBC and Local / Outstation Bills
 
In all cases
50% of the prescribed collection charges as prescribed above subject to a minimum of `100/-
50% of the prescribed collection charges as prescribed above subject to a minimum of `100/-
50% of the prescribed collection charges as prescribed above subject to a minimum of ` 100/-
6.  Handling charges on Post Parcel along with the bills
 
i) If the party retires the parcel immediately on presentation
Nil
Nil
Nil
 
ii) Otherwise
Handling charge of `25/- per parcel per day with a minimum of ` 50/-
Handling charge of ` 10/- per parcel per day with a minimum of ` 25/-
Handling charge of `5/- per parcel per day with a minimum of ` 20/-
Handling Charge is to be credited to Incidental Charges Account
and Postal Tariff to Postage
7. Fate Enquiries at the instance of the customer
By Fax / e-mail or telephone
` 20/-
` 20/-
` 20/-

 
 
 
 
Chapter - IV
 
GENERAL MATTERS
 

1. Safe Custody charges
a) Sealed cover / packed
` 533/- minimum per cover p.a. or its           
 multiples
b) Scrips
` 31/- per scrip with minimum of ` 304/- p.a. or part thereof
C) Sealed box :
 
10X10X10 CC
Minimum ` 533/- p.a. or its multiples
20X20X20 CC
Minimum ` 1040/- p.a. or its multiples
30X30X30 CC
Minimum ` 1573/- p.a. or its multiples

 Note: The above charges are only indicative. Depending upon the size of the  
           box/cover/packet, branches can charge higher in consultation with RO
 
 

Sl.
No.
Services
Other than
Individuals
Individuals
Other than Rural
Rural
1
2
3
4
5
2. Charges on operational instructions
 
Involving registration of documents such as power of attorney / board resolutions/ authorization
` 102/- per occasion
 
` 61/- per occasion
 
` 31/- per occasion
 
3. Attestation charges [Branch Head / Senior Manager and above in special category branches like VLB / ELB] with proper records*
Attestation / verification of signatures, true / Xerox copies of documents / papers, etc.
` 10/- per page subject to a minimum of        ` 31/- and a maximum of        ` 112/- per document
` 10/- per page subject to a minimum of        ` 31/- and a maximum of        ` 112/- per document
` 5/- per page subject to a minimum of `10/- and a maximum of       ` 112/- per document
* to be collected manually
4. Certification fee
 
Certificates issued on behalf of clients by the branches / offices, like Certificate of constitution, Certificate of ownership / Names of partners, Proprietors etc.
` 152/- per occasion
` 152/- per occasion
` 61/- per occasion
 
Issue of No Objection Certificate (NOC) and No Due Certificate (NDC)
` 152/- per occasion
` 152/- per occasion
` 61/- per occasion
 
Note: No charges to be levied –
(i) for issuing NOC/NDC to the applicants belonging to weaker sections (refer HO Circular No. 103/07)/ Government sponsored schemes
(ii) TDS, interest certificate (both loans and deposits) with or without balance
`25/- for agriculture and priority sector advance,
SGH – ` 10/- per each member 
5. SMS Alerts
 
Category of account
Charges
 
SB
Current / OD / CC
SB / Staff OD Accounts
` 10/- per quarter
` 15/- per quarter
Exempted
6. Other charges
 
Postage / Postal tariff
Actual Tariff
Actual Tariff
Actual Tariff
 
Loss of token
` 127/- per token towards cost
` 127/- per token towards cost
` 127/- per token towards cost

 
 
 
 
 
 
 
 
 
 
 
 
Chapter - V
 
SAFE DEPOSIT LOCKERS
 
RENTAL RATES OF SDL PER YEAR
                                                                                                            Amt in Rupees

Area of the Locker in cubic Inches
Rural
Semi-Urban
Urban
Metro
Upto 750
750
800
1000
1200
751 to 1100
800
850
1200
1400
1101 to 1600
1600
1800
2300
3000
1601 to 2100
1700
2100
2700
3500
2101 to 3100
3000
3500
4000
4500
3101 to 4100
3500
4000
4600
5100
4101 to 6500
4500
5000
6000
6000

*Service Tax Extra
STANDARD VOLUME OF LOCKERS
 
Locker
Type
Volume of lockers in Cubic Inches
Godrej
Steelage (Gunnebo)
(Old make)
(New make)
90
A
657
528
685
75
A
657
528
685
C
1321
1163
1378
F
2938
2709
3065
60
B
1002
844
1047
51
B
1002
844
1047
E
2019
1835
2114
H
4077
3867
4281
H1
2024
1780
2120
 
 
Locker
Type
Volume of lockers in Cubic Inches
Godrej
Steelage (Gunnebo)
(Old make)
(New make)
45
C
1321
1163
1378
40
D
1492
1310
1563
32
D
1492
-
-
G
3002
-
-
32
D
-
1310
1563
G
-
2802
3150
K
-
6183
6750
21
F
2938
2709
3065
20
G
3002
2802
3150
10
K
-
6183
6750
10
L
6115
-
-
 
Chapter - VI
DEBIT/CREDIT CARDS*
 

Sl No
Services
Individuals (Including Service Tax)
(in Rupees)
1. CREDIT CARDS
 
a) Entrance Fee
i) Classic
` 342/-
ii) City Specific / Classic International
` 456/-
iii) Gold
` 1140/-
iv) Global
` 1140/-
b) Annual fees
i) Classic
` 342/-
ii) City Specific / Classic International
` 456/-
iii) Gold
` 1140/-
iv) Global
` 1140/-
c) Transaction charges
i) Vijaya Bank’s ATM cash withdrawal charges
Cash handling charges (CHC) at 3% or Rs.10+(Ser Tax @14%) whichever is higher
ii) Cash withdrawal at other banks’ ATMs in India
Cash handling charges (CHC) at 3% +
` 75/- per transaction +(Ser Tax @14%)
iii) Cash withdrawal at other banks’ ATMs abroad
Cash handling charges (CHC) at 3% +
` 100/- per transaction +(Ser Tax @14%)
d) Other charges
i) Issue of chip card (additional charges)
` 143/-
ii) Hot listing of the card
` 228/-
iii) Card replacement
` 171/-
iv) Surcharge
2.50% or ` 10/- whichever is higher on transactions at Railways / Petrol Pumps +(Ser Tax @14%)
 
v) Mark up on international transactions
2.50% of the transaction amount+(Ser Tax @14%)
vi) Duplicate statement
` 29/-
Corporate Cards are issued to the Executives of the Corporate in any of the above categories. However, a minimum of 3 cards has to be applied/charged for. Corporate Cards are issued free of entrance fee. However, applicable annual fees depending on the type of card are levied.
2. DEBIT CARDS
 
a) Card fees
i) Entrance fee
Non-photo card
Free
 
Photo Card
` 114
ii) Hot listing
` 57
iii) Card replacement
` 114