Platinum

Multicity Current Account

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

Particulars KVB - Platinum
MAB$ 10,00,000/-
Cash remittance at base branch Free
Cash remittance at non-base branch Free upto Rs.15 Lacs/mth.
Beyond Rs.1/- per Rs.1,000/- upto Rs.100 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.3.00 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
RTGS*# Free
NEFT# 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
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