MCC account product features and charges - Revised w.e.f 01st April 2012
|Particulars||KVB - Gold|
|Cash remittance at base branch||Cash remittance Free upto Rs.5 Lacs/day.
Beyond @ Rs.100/Lac upto Rs.10 Lac and Rs.200/Lac beyond Rs.10 Lac. Cash handling charges as applicable.
|Cash remittance at non-base branch||Free upto Rs.10 Lacs/mth.
Beyond Rs.1/- per Rs.1,000/- upto Rs.75 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.1 Lac/day for self cheques & Rs.50,000/- for third party payments|
|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|
|Clearing cheque return charges - Inward clearing cheques||One day interest @ PLR (BR + 5%) with a min of Rs.300/- and max of Rs.7,500/-|
|Clearing cheque return charges - Outward clearing cheques||Rs.50/-|
|Outstation cheques drawn on centres (centres where there are branches) given for collection at base as well as non-base branch||Free|
|Outstation cheques drawn on centres (centres where there are NO branches) given for collection at base as well as non-base branch||Other Bank charges|
|DD / PO charges (Charges subject to max of Rs.10,000/-)||Free|
|Payment between CBS branches for clearing debits at non-base branches||Free|
|Charges for non-maintenance of MAB||No charges|
|Cheque book charges&||Free|
|Stop payment charges (permitted only at base branch)||Rs.70/chq|
|Statement of account by E-mail||Free|
$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