Standard
MCC account product features and charges - Revised w.e.f 01st April 2012
| Particulars | KVB - Standard |
| MAB$ | 25,000/- |
| 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.20 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 |
| 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 | Rs.20/- upto Rs.2,000/-; Rs.50/- between Rs.2,001/- & upto Rs.10,000/-; Rs.75/- between Rs.10,001 & Rs.20,000/-; Rs.100/- between Rs.20,001 and Rs.1 Lac; Rs.150/- above Rs.1 Lac |
| Outstation cheques drawn on centres (centres where there are NO branches) given for collection at base as well as non-base branch | Charges as above plus Other Bank charges |
| DD / PO charges (Charges subject to max of Rs.10,000/-) | At par upto Rs.1 Lac/day. Beyond Rs.1.50/1000 subject to min of Rs.25/instrument |
| 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 | No charges |
| Cheque book charges& | Free 50 leaves p.m. Beyond 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