Economy

Multicity Current Account

MCC account product features and charges - Revised w.e.f 01st April 2012

Particulars KVB - Economy
MAB$ 10,000/-
Cash remittance at base branch Cash remittance charges Free upto Rs.3 Lacs/day.
Beyond Rs.3 Lacs upto Rs.10 Lacs @ Rs.100/Lac and Rs.200/- beyond Rs.10 Lac.
Cash handling charges Free upto 30 sections (3000 pieces)/day.
Beyond Rs.10/section.
Cash remittance at non-base branch Rs.1/- per Rs.1,000/- upto Rs.10 Lac pm with a min of Rs.20/- per remittance. Thereafter Rs.2/- per Rs.1,000/-
Cashwithdrawal - Base Br No ceiling
Cashwithdrawal - Non-Base Br Max Rs.50,000/day for self cheques only
Collection of local clearing chqs (All local branches treated as base branch) Free
Collection of clearing chqs (local) at non-base br (All local branches treated as base branch) Free
Cashwithdrawal - Base Br No ceiling
Cashwithdrawal - Non-Base Br Max Rs.50,000/day for self cheques only
Collection of local clearing chqs (All local branches treated as base branch) Free
Collection of clearing chqs (local) at non-base br (All local branches treated as base branch) Free
RTGS*# Rs.1 Lac to Rs.2 Lac - Free.
Above Rs.2 Lac to Rs.5 Lac @ Rs.15/txn.
Above Rs.5 Lac @ Rs.30/txn.
NEFT# Upto Rs.1 Lac @ Rs.5/txn.
Above Rs.1 Lac to Rs.2 Lac @ Rs.15/txn.
Above Rs.2 Lac @ Rs.25/txn.
Payment between CBS branches for clearing debits at non-base branches Free
Charges for non-maintenance of MAB Rs.500/pm
Cheque book charges& Rs.3/leaf
Stop payment charges (permitted only at base branch) Rs.70/chq
Statement of account by E-mail Free of charge for weekly, fortnightly and monthly. For daily Rs.200/pm
Folio Charges Nil

$50% relaxation in MAB maintenance for Semi-Urban and Rural branches

*RTGS to be allowed only at the base branches

#For the purpose of transferring funds through RTGS/NEFT, if the customer remits cash above Rs.50,000/-, branches shall charge Rs.2/1000 as extra commission &First 100 cheque leaves to be given at free of cost for all MCC accounts on opening of accounts