Commission
CHARGES FOR SERVICES
Service Charges w.e.f 1st April, 2011
COMMISSION FOR - DEMAND DRAFTS
| Charges |
| For Account Holders: Rs.1.50 per 1000 with a minimum of Rs10/- & maximum commission of Rs.12500/- + applicable ST. |
| For Non-Account holders : 0.25% with a minimum. of Rs.25/- & Maximum Rs.12,500/- + applicable ST |
COMMISSION FOR RTGS - Both for Outstation & Local
| Value Band | Through Branch | Through Net banking |
| Charges | Charges | |
| Rs.1 lakh to Rs.2 lakhs | Free | Free |
| Above Rs. 2 lakh to Rs. 5 lakh | Rs. 25/- + Applicable ST | Rs. 15/- + Applicable ST |
| Above Rs. 5 Lakh | Rs. 50/- + Applicable ST | Rs. 30/- + Applicable ST |
COMMISSION FOR – NEFT
| System | Value Band | Through Branch | Through Net banking |
| Charges | Charges | ||
| NEFT | Up to Rs. 1 lakh | Rs. 5/- + Applicable ST | Free |
| Above Rs. 1 lakh to Rs. 2 lakh | Rs. 15/- + Applicable ST | Rs. 10/- + Applicable ST | |
| Above Rs. 2 Lakh | Rs. 25/- + Applicable ST | Rs. 10/- + Applicable ST |
Note: for the purpose of transferring funds through RTGS / NEFT if the customer remits cash above Rs.50000/- branches shall charge Rs.2/- per thousand as extra commission (including Rs.50000/-)
COMMISSION FOR - PAY ORDERS
| Charges |
| For a/c holders : Rs.2/- per 1000/- Min Rs.15/- & Max. of Rs.12,500/- + applicable service taxes + applicable service taxes |
| For non-a/c holders : Rs.2/- per Rs.1,000/- Min. of Rs.20/- and there is no ceiling for maximum + applicable service taxes |
COMMISSION FOR – BILLS COLLECTION – IBC / OBC
| Charges |
| Rs.4/- per Rs.1,000/- or part thereof with a minimum of Rs.25/- and Maximum of Rs.7500/- plus postage /courier charges of minimum Rs.15/- + applicable service taxes |
COMMISSION FOR CHEQUE COLLECTION (ICC/OCC)
| Value | Charges |
| Up to and including Rs.5,000 | Rs.25^ |
| Above Rs.5,000 and up to and including Rs.10,000 | Rs.50^ |
| Above Rs.10,000 and up to and including Rs.1,00,000 | Rs.100^ |
| Above Rs.1,00,000 to Rs.5,00,000 | Rs.200 /- |
| Rs.5,00,001 to Rs.10,00,000 | Rs.250/- |
| Above Rs.10,00,000 | Rs.300/- |
^All inclusive maximum amount chargeable to the customers + ST
| Value | Charges |
| >Up to and including Rs.1,00,000 | >Nil |
| >Above Rs.1,00,000 and up to and including Rs.5,00,000 | >Rs.150 /- |
| >Rs.5,00,001 to Rs.10,00,000 | >Rs.200/- |
| >Above Rs.10,00,000 | >Rs.250/- |
CHARGES FOR CHEQUE / BILLS (sent for collection) RETURNED
| Charges |
|
1) Local Cheque (of our Bank) – Rs.30/- + applicable ST
2) Out Station Cheque - 50 % of commission to be charged as per RBI Guidelines + other bank charges if any + applicable ST 3) Clearing Inward – One day interest @ BPLR with a min. of Rs.300/- & max. of Rs.7500/- (including MCC accounts) + applicable ST 4) Clearing outward – Rs.50/- (excepting for SB Accounts) all other a/cs inclusive of all MCC accounts+ applicable ST |
| Bills Returned (sent for collection) OBC - Local & Outstation
50% of the comm. with a min. of Rs.20/- and Max.– Rs.5000/- + Actual VPL charges + applicable service taxes |
| Bills Returned (sent for collection) IBC
50% of the comm. with a min. of Rs.20/- Max.– Rs.5000/- + Actual VPL Charges + applicable service taxes |
CHARGES FOR ISSUANCE OF MICR / NON MICR CHEQUE BOOKS
| Charges |
| No Cheque book charges for CA / MCC account holders if MAB is maintained Rs.25000/- and above subject to max. of 500 leaves p.a. However Rs.3/- per leaf + applicable ST in the case of all ordinary CA / MCC accounts with MAB of less than RS.25000/- and all OD / CC accounts. |
|
Initial issue of 20 cheque leaves free for all eligible accounts. Charge for subsequent issue of cheque books based on the QAB as follows: a) QAB less than Rs.5000/- – 20 leaves free p.a.; beyond which Rs.2/- per leaf. b) QAB above Rs.5000 but below Rs.50,000/- - 40 leave free p.a.; beyond which Rs.2/- per leaf c) QAB above Rs.50,000/- but below Rs.1,00,000/- - 60 leaves free p.a.; beyond which Rs.2/- per leaf d) QAB above Rs.1.00 lakh – Free |
CHARGES FOR SAFE CUSTODY SERVICE
| Charges |
| Sealed cover – Rs.200/- per cover per annum + applicable service taxes |
| Sealed Boxes – Rs. 750/- per annum + applicable service taxes Bank's own deposit receipts - Free. |
CHARGES FOR NON-MAINTENANCE OF MINIMUM BALANCE
| Charges |
| Current A/cs – Metro, Urban & Semi-Urban branches –Rs.200/-; Rural branches – Rs.70/- p.m. + applicable ST (Not applicable for dormant accounts) |
| Savings A/cs – Metro, Urban & Semi-Urban branches - Rs. 50/- p.m. + applicable ST; Rural branches – Rs. 25/- p.m. + applicable ST (Not applicable for dormant accounts) |
CHARGES FOR CLOSURE OF OPERATING ACCOUNTS
| Charges |
| Current A/cs – Rs.250/- + applicable service taxes if closed within 6 months, beyond 6 months Rs.150/- + ST. |
| For CC / SOD accounts Rs.2000/- + ST if closed on account of take over. |
| RBSB – Rs.125/- + applicable service taxes |
| Savings A/cs – Rs.30/- + applicable service taxes |
CHARGES FOR COLLECTION OF FDR ON MATURITY
| Charges |
| No charges for both Local & Out station – if it is made deposit with us; otherwise applicable OCC charges will levied |
CHARGES FOR ISSUANCE OF DUPLICATE LOAN PASS BOOKS/PASS SHEET
| Charges |
| Rs.25/- min. and beyond 1 sheet Rs.50/- per sheet + applicable service taxes |
FOLIO CHARGES
| Charges |
| Free where the MAB is Rs.0.25 lac ; below Rs.0.25 lac - Re.1/- per txn. |
CHARGES FOR STOP PAYMENT INSTRUCTIONS
| Charges |
| for SB Rs.50/- + applicable service taxes |
| for others Rs.70/- + applicable service taxes |
| For series of Instruments for SB Rs.150/- and for others Rs.250/- + applicable service taxes |
FOLIO CHARGES FOR NON OPERATIVE ACCOUNT (Dormant A/c)
| Charges |
| Rs.50/- per half year + applicable service taxes |
CHARGES FOR CANCELLATION / ISSUE OF DUPLICATE AND REVALIDATION CHARGES (DDs And POs)
| Charges |
| Rs.70/-/- per instrument + applicable ST |
CHARGES FOR SAFE DEPOSIT LOCKER BINS
Metro
| Type | Charges |
| Small <400 sq.cm | Rs.750 /- + applicable service taxes |
| Medium - <700 sq.cm | Rs.1250/- + applicable service taxes |
| BIG - <1000 Sq.cm | Rs.1750/- + applicable service taxes |
| Large - <2000 Sq.cm | Rs.2500/- + applicable service taxes |
| Extra large - >2000 sq.cm | Rs.3000/- + applicable service taxes |
Urban
| Type | Charges |
| Small <400 sq.cm | Rs.700 /- + applicable service taxes |
| Medium - <700 sq.cm | Rs.1100/- + applicable service taxes |
| BIG - <1000 Sq.cm | Rs.1500/- + applicable service taxes |
| Large - <2000 Sq.cm | Rs.2000/- + applicable service taxes |
| Extra large - >2000 sq.cm | Rs.2500/- + applicable service taxes |
Semi-urban & Rural
| Type | Charges |
| Small <400 sq.cm | Rs.500 /- + applicable service taxes |
| Medium - <700 sq.cm | Rs.1000/- + applicable service taxes |
| BIG - <1000 Sq.cm | Rs.1250/- + applicable service taxes |
| Large - <2000 Sq.cm | Rs.1500/- + applicable service taxes |
| Extra large - >2000 sq.cm | Rs.2000/- + applicable service taxes |
CASH REMITTANCE CHARGES AT BASE BRANCHES
For Current accounts
| Charges | |
| upto Rs.3 lacs | No Charges |
| Above Rs.3 lacs upto Rs.10 lacs |
Rs. 100/- per Rs. 1.00 lac + applicable service taxes |
| Above Rs.10 lac | Rs.200/- per Rs. 1.00 lac + applicable service taxes |
For Savings accounts (applicable where the Monthly Average Balance is less than Rs.5000/-)
| Charges | |
| upto Rs.0.10 lacs | No Charges (per day) |
| No. of remittances | 5 times in a month |
| Beyond the above | Re.1/- per thousand (min. of Rs.10/-) + ST |
CASH HANDLING CHARGES
| Charges: even if the remittance is less than Rs.3.00 lac per day if the party remits more than 30 packets (3000 pieces) of currency a charge of Rs.10/- per packet + applicable service taxes (100 pieces) shall be collected. |
CHARGES FOR STANDING INSTRUCTIONS
| Charges |
| Free of charge for transaction from one's own account to other a/c of the same party. (within same branch) |
| Rs.5/- per entry + applicable service taxes for Transaction involving credit to another account. (within same branch to third party a/c) |
| For Transactions involving transfer credit to another branch of the Bank (i.e. to third party account at non-base branch) - Free between local branches and RTGS / NEFT Remittance charges for others. |
| RTGS / NEFT Remittance charges for transfer of amount to IT/ST/Govt. Departments |
| Plus actual postage. However, no charges to be collected for remittance to the credit of RD a/c and monthly installments to loan account between branches. |
TECHNOLOGY PRODUCTS SERVICE CHARGES
E-Commerce
| Nature of Transactions | Charges |
| Surcharge for Railway Bookings | Free for Savings account holders and for Current a/c holder Rs.10/- per txn |
| Bill Pay | Free |
| Mobile Top Up | Free |
Internet Banking
| Nature of Transactions | Charges |
| Retail Customer | 1) Free for Retail Customers 2) For security Token Rs.500/- if opted |
| Corporate Customer | Free to Corporate Customers including the security Token |
| Third party fund transfer within in the bank for Retail & Corporate | Free |
| Fund transfer to other Bank through NEFT for Retail & Corporate | Upto Rs.1 lakhs – No charges; Above 1 lakh to Rs.2 lakhs – Rs.10/- + applicable ST; Above RS.2 lakhs – Rs.10/- + applicable ST |
| Fund transfer to other Bank through RTGS for Retail & Corporate | Rs.1 lakh to Rs.2 lakhs – No charges; Above Rs.2 lakhs to RS.5 lakhs – RS.15/- + applicable ST; Above Rs.5 lakhs – RS.30/- + applicable ST |
| Stop payment through Internet Banking | for SB Rs.50/- + applicable ST for others Rs.70/- + applicable ST; For series of Instruments for SB Rs.150/- and for others Rs.250/- + applicable ST |
Mobile Banking - Free of service charges
ECS Services
| Nature of Transactions | Charges |
| ECS – Debit Returns | Rs.200/- + applicable service taxes |
| ECS – Credit Returns | Free |
| SWIFT | Rs.1000/- + applicable service taxes |
E-statement
| Nature of Transactions | Charges |
| Daily | Rs.200/- p.m. + applicable service taxes |
| Weekly | Free |
| Monthly | Free |
ATM RELATED
Debit Card
| Nature of Transactions | Charges |
| Debit Card Issuance | Free |
| Add-on Card Issuance Fee | Rs.100/- + applicable ST |
| Card Renewal Charges | Free & in case there is no operations preceding 3 years Rs.100/- + applicable ST will be charged |
| Duplicate Card Charges | Rs.250/- + applicable ST (if the card is sucked in other ATMs and duplicate card is requested for the same, No charges need to be levied subject to getting letter from the acquiring banker). |
| Duplicate PIN | Free |
| Annual Fee | Free in case customers do 10 txns in POS else Rs.75/- + applicable ST p.a. No charges for Prestige account |
| Hot listing Charges | Not Applicable |
| Foreign Currency Transactions | Mark up of 3.5% |
ATM TRANSACTION CHARGES
| Nature of Transactions | Charges |
| In KVB ATMs | Free |
| In Other bank ATMs | For Savings Accounts Free up to 5 transactions inclusive of Financial & Non Financial. From 6th transaction onwards
|
| In VISA ATMs out side India (Foreign countries) |
Rs.125/- Fin. Txn + applicable service taxes |
| Rs. 25/- Non. Fin Txn + applicable service taxes | |
| Fund transfer through ATM | Free |
| In P.O.S. ( other than for fuel purchase) | Free |
| In P.O.S. for Fuel purchase | As levied by merchant |
Prepaid Card - Gift card issuance (New Concept)
| Charges | |
| Gift card issuance | For customers of KVB – Free For non-customers – Free upto Rs. 5000/-; Above Rs. 5000/- upto Rs. 49999/- - Rs. 50/-* |
| Gift Card Replacement | Rs.100/- * |
| Statement Request | Rs.25/- * |
| Regeneration PIN Charges | Rs.20/- |
Prepaid Card - Travel card issuance (New Concept)
| Charges | |
| Card issuance | Rs.100/-* |
| Traval Card Reload Fee | Rs.50/- * |
| Travel Add-on Card | Rs.100/- * |
| Re - Issuance of PIN | 1 USD; 1 EURO; 1.25 SGD * |
| ATM withdrawal | 2 USD; 1.5 EURO; 2.70 SGD * |
| ATM balance enquiry | 0.5 USD; 0.5 EURO; 0.75 SGD * |
| Charge slip retrieval | 3 USD; 2.5 EURO; 4.75 SGD * |
| Travel Card Redemption / Refund Fee (in INR) | Rs.100/- * |
| Travel card replacement of card fee | 3 US$ * + Courier charges; 1.5 * EURO+ Courier Charges; 4.75 SGD * + Courier Charges |
| Charge back fee | 2 USD *; 2 EURO * ; 3.25 SGD * |
| Cross currencies Mark up at VISA | 3% * |
CHARGES FOR STATEMENT OF ACCOUNT
| Current A/cs : Rs.25/- + applicable service taxes for hard copy of statement of account from the branch |
Charges for obtention of CIBIL Report
| Individual Customers | Rs.100/- |
| Corporate Customers | Rs.1000/- |
*Service taxes as applicable.