Commission
Service Charges with effect from 1st April 2015
Service Charges
(Effective from 1st April 2015)
(Service taxes as applicable will be collected extra)
Nature of Services  Service Charges  

Individuals / Sole Prop. / Partnership firms / Companies / Trusts and others in nonrural areas  Senior Citizens, Pensioners and individuals in rural areas 

ACCOUNT RELATED  
I. Cheque Book Issue  
For all Current a/cs (including MCC accounts)  Annual Average Balance of the previous year AAB < =Rs.25000/ 200 leaves free AAB>Rs.25000/and <=Rs.100000/ 300 leaves free AAB>Rs.100000/ 500 leaves free Beyond free limit Rs.3/ per leaf 
Annual Average Balance of the previous year AAB < =Rs.25000/ 200 leaves free AAB>Rs.25000/and <=Rs.100000/ 300 leaves free AAB>Rs.100000/ 500 leaves free Beyond free limit Rs.3/ per leaf 
Overdraft a/cs  Rs. 3/ per leaf for all OD / CC a/cs  Rs. 3/ per leaf for all OD / CC a/cs 
Savings Bank (<= Rs.1000) a/cs  20 leaves free for all eligible ac/s; thereafter Rs.2.50/ per leaf  20 leaves free for all eligible ac/s; thereafter Rs. 2/ per leaf 
Savings bank a/cs (AAB >Rs.1000 & <= Rs. 5000/)  20 leaves free p.a.; thereafter Rs. 2/ per leaf  20 leaves free p.a.; thereafter Rs..1/ per leaf 
Savings bank a/cs (AAB >Rs.. 5000/ & <= Rs. 50000/)  40 leaves free p.a.; thereafter Rs. 2/ per leaf  40 leaves free p.a.; thereafter Rs..1/ per leaf 
Savings bank a/cs (AAB > Rs.. 50000/ & <=Rs. 100000/)  60 leaves free p.a.; thereafter Rs. 2/ per leaf  60 leaves free p.a.; thereafter Rs..1/ per leaf 
Savings bank a/cs (AAB > Rs. 1 lakh)  Free  Free 
Freedom SB A/c  40 leaves free p.a.; thereafter Rs. 2/ per leaf  40 leaves free p.a.; thereafter Rs. 2/ per leaf 
Yuvashakthi SB a/c  40 leaves free p.a.; thereafter Rs. 2/ per leaf  40 leaves free p.a.; thereafter Rs. 2/ per leaf 
Prestige SB a/c  Free Unlimited no of leaves  Free Unlimited no of leaves 
Shakthi SB a/c  60 leaves free p.a.; thereafter Rs. 2/ per leaf  60 leaves free p.a.; thereafter Rs.2/per leaf 
Charges for Loose leaf issue for customers who are already issued with cheque book  Rs. 10 per leaf (except Prestige a/c) 
Rs. 10 per leaf (except Prestige a/c) 
II. Non Maintenance of Minimum Average Balances (not applicable to dormant a/cs)  
Current a/cs  Metro, urban & semiurban centres – Rs. 200/ 
Rs. 70/ 
All Regular Savings a/cs  Metro, urban & semiurban centres – Rs. 100/ 
Rs .25/ 
For Senior Citizens  No Minimum balance charges  No Minimum balance charges 
Rainbow SB  Rs. 100/  Rs. 100/ 
Freedom, Yuvashakthi, Shakthi  Rs. 125/  Rs. 125/ 
*Charges will be levied proportionate to the percentage of shortfall in balance maintained in the account for all SB products. For CA accounts the existing method of levying charges will continue.
III. Closure of accounts 

Current a/cs  Upto 14 days Nil If closed within 1 yearRs.250/. If closed at 1 year & after 1 yearNil (As per BCSBI guidelines) 
Upto 14 days Nil If closed within 1 yearRs.250/. If closed at 1 year & after 1 year Nil(As per BCSBI guidelines) 
RBSB  Upto 14 days Nil If closed within 1 yearRs.125, If closed at 1 year & after 1 year Nil. (As per BCSBI guidelines) 
Upto 14 days Nil If closed within 1 yearRs.100/ . If closed at 1 year & after 1 year Nil (As per BCSBI guidelines) 
Savings a/cs  Upto 14 days Nil If closed within 1 yearRs.125, If closed at 1 year & after 1 year Nil. (As per BCSBI guidelines) 
Upto 14 days Nil If closed within 1 yearRs.100/ . If closed at 1 year & after 1 year Nil (As per BCSBI guidelines) 
CC / SOD a/cs  Rs. 2000/ if a/c is being taken over by another bank  Rs. 2000/ if a/c is being taken over by another bank 
IV. Folio Charges  
Current a/cs  Free where MAB is Rs. 25000/ & above; Rs. 1/ per txn if MAB is below Rs. 25000/  Free where MAB is Rs. 25000/ & above; Rs. 1/ per txn if MAB is below Rs. 25000/ 
Overdraft / CC a/cs  Rs. 1/ per txn  Rs. 1/ per txn 
Savings a/s  The number of transactions including ATM transactions in all Savings Bank accounts (excluding KVB Prestige, Rainbow Savings Account, Kalpatharu, KVBJDY and Grama Jyothi Accounts) is limited to 90 transactions for each half year (excluding system based debits). The total number of debit transactions permitted in all such accounts put together will be limited to 90 per half year. When number of withdrawals is more than the maximum stipulated, a service charge of Rs.2/ (inclusive of service tax) will be levied for each transaction in excess of 90 transactions. 
The number of transactions including ATM transactions in all Savings Bank accounts (excluding KVB Prestige, Rainbow Savings Account, Kalpatharu, KVBJDY and Grama Jyothi Accounts) is limited to 90 transactions for each half year (excluding system based debits). The total number of debit transactions permitted in all such accounts put together will be limited to 90 per half year. When number of withdrawals is more than the maximum stipulated, a service charge of Rs.2/ (inclusive of service tax) will be levied for each transaction in excess of 90 transactions. 
V. Stop Payment Instructions  
Savings a/cs  Rs. 100/ per instrument; Rs. 150/ for series of instruments  Rs. 50/ per instrument; Rs. 150/ for series of instruments 
Current / OD / CC a/cs  Rs. 100/ per instrument; Rs. 300/ for series of instruments  Rs. 50/ per instrument; Rs. 250/ for series of instruments 
VI. Issue of duplicate Pass Book / Sheet  
Duplicate pas book Savings a/cs  Rs.100/ per book  Rs.100/ per book 
Loan a/cs  Min. Rs. 25/; beyond one sheet Rs. 25/  Min. Rs. 25/; beyond one sheet Rs. 25/ 
Statement of Accounts SB/CA/OD  Re.1 per entry Min Rs.10/ Max Rs.50/  Re.1 per entry Min Rs.10/ Max Rs.50/ 
VII. Signature verification  Rs. 100/  Rs. 60/ 
VIII. Collection of Term Deposits on maturity  Rs.50/  Rs.50/ 
IX. Issuance of No Dues certificate to non customers  Rs.100/  Rs. 50/ 
X. Cash Remittance at Base Branches – Current A/cs & Overdraft / Cash Credit A/cs/SODA FD  
A. Cash Remittance at Base Branches & Non base Branches – Current A/c where monthly average balance >= 10000 (Including cash deposited through Cash Deposit machines) 
Free cash remittance upto Rs.5 lacs per month or 15 Times of Monthly Average Balance (MAB) whichever is higher at both base and Non base branches put together. Beyond the free limit, Rs 2.00 per 1000 at both base and non base branches will be charged. In case of bullion/jewellery customers Rs 5 per 1000 will be charged over and above the free limit 
Free cash remittance upto Rs.5 lacs per month or 15 Times of Monthly Average Balance (MAB) whichever is higher at both base and Non base branch put together. Beyond the free limit, Rs 2.00 per 1000 at both base and non base branches will be charged. In case of bullion/jewellery customers Rs 5 per 1000 will be charged over and above the free limit 
B. Cash Remittance at Base Branches & Non base Branches – Current A/c where monthly average balance < 10000 (Including cash deposited through Cash Deposit machines) 
Free cash remittance upto 15 Times of Monthly Average Balance (MAB) at both base and Non base branches put together. Beyond the free limit, Rs 2.00 per 1000 at both base and non base branch will be charged In case of bullion/jewellery customers Rs 5 per 1000 will be charged over and above the free limit 
Free cash remittance upto 15 Times of Monthly Average Balance (MAB) whichever is higher at both base and Non base branch put together. Beyond the free limit, Rs 2.00 per 1000 at both base and non base branch will be charged In case of bullion/jewellery customers Rs 5 per 1000 will be charged over and above the free limit 
C. SODA –FD (281) –Credit balance (Including cash deposited through Cash Deposit machines)  Free cash remittance upto 15 Times of Monthly Credit Average Balance at both base and Non base branches put together Beyond the free limit, Rs 2.00 per 1000 at both base and non base branch will be charged 
Free cash remittance upto 15 Times of Monthly Credit Average Balance at both base and Non base branches put together Beyond the free limit, Rs 2.00 per 1000 at both base and non base branch will be charged 
D. Cash Remittance at Base Branches & Non base Branches Overdraft / Cash Credit A/cs/ loan accounts <= 1 crore (Including cash deposited through Cash Deposit machines)

Free Upto Rs.75 lac per month thereafter Rs 2.00 per 1000 at both base and non base branches will be charged. In case of bullion/jewellery customers Rs 5 per 1000 will be charged 
Free Upto Rs.75 lac per month thereafter Rs 2.00 per 1000 at both base and non base branches will be charged. 
E.Cash Remittance at Base Branches & Non base Branches Overdraft / Cash Credit A/cs/ loan accounts Limit > 1 crore
(Including cash deposited through Cash Deposit machines) For KVB Pharma Plus, KVB Textile Plus and KVB steel Plus product features will continue to apply. 
Free Upto Rs.100 lac per month thereafter Rs 2.00 per 1000 at both base and non base branches will be charged. In case of bullion/jewellery customers Rs 5 per 1000 will be charged over and above the free limit. 
Free Upto Rs.100 lac per month thereafter Rs 2.00 per 1000 at both base and non base branches will be charged. 
F. SODAFD – (281) (Including cash deposited through Cash Deposit machines)  Free limit upto previous month Average Debit balance  Free limit upto previous month Average Debit balance 
G. Cash Remittance – SB a/cs where MAB of the previous month is less than Rs. 5000/ (Base and Non Base branches) (Including cash deposited through Cash Deposit machines)  Upto Rs.5 lakhs free per month. Thereafter Rs.2/ per thousand  Upto Rs.5 lakhs free per month. Thereafter Rs.2/ per thousand 
H. Cash Remittance – SB a/cs where MAB of the previous month is >= Rs. 5000/ and < Rs.25000/ (Base and Non Base branches) (Including cash deposited through Cash Deposit machines)  Upto Rs.10 lakhs free per month. Thereafter Rs.2/ per thousand  Upto Rs.10 lakhs free per month. Thereafter Rs.2/ per thousand

I. Cash Remittance – SB a/cs where MAB of the previous month is >= Rs.25000/ and < Rs.100000/ (Base and Non Base branches) (Including cash deposited through Cash Deposit machines)  Upto Rs.15 lakhs free per month. Thereafter Rs.2/ per thousand  Upto Rs.15 lakhs free per month. Thereafter Rs.2/ per thousand 
J. Cash Remittance – SB a/cs where MAB of the previous month is >= Rs.100000/ (Base and Non Base branches) (Including cash deposited through Cash Deposit machines)  Upto Rs.25 lakhs free per month. Thereafter Rs.2/ per thousand  Upto Rs.25 lakhs free per month. Thereafter Rs.2/ per thousand 
XI. A. Cash Withdrawal at Base and Non Base Branches – SB a/cs (Self Cheques only)  Free No upper limit for withdrawals  Free No upper limit for withdrawals 
B. Cash Withdrawal at Base and Non Base Branches – SB a/cs (Third party Cheques only) Withdrawal not allowed over Rs.50000/ per day per party. 
Rs.50000/ per day per party  Rs.50000/ per day per party 
REMITTANCES  

XII. Demand Drafts  
Account Holders  Rs.3/ per Rs.1000/MinRs.50/,MaxRs.15000/  Rs.2.50/ per Rs.1000/ MinRs.30/,maxRs.10000/ 
Non Account Holders  Rs.4/ per Rs.1000/MinRs.40/,MaxRs.20000/  Rs. 3/ per Rs. 1000/; Min Rs. 25/; Max. Rs. 12000/ 
DD for students (As per BCSBI guidelines)  Free  Free 
DD Cancellation, issue of duplicate DD  Upto Rs.50/Free, above Rs.50/10% of the value of the instrument. max of Rs.500/ for all centres(As per BCSBI guidelines)  Upto Rs.50/Free, above Rs.50/10% of the value of the instrument. max of Rs.500/ for all centres(As per BCSBI guidelines) 
Revalidation of DD  Free  Free 
XIII. A. R T G S (thru Branch)  
Rs. 2 lakhs to Rs. 5 Lakhs  Rs. 25/  Rs. 25/ 
Above Rs. 5 lakhs  Rs. 50/  Rs. 50/ 
B. R T G S (thru Net Banking)  
Rs. 2 lakhs to Rs. 5 Lakhs  Rs. 15/  Rs. 15/ 
Above Rs. 5 lakhs  Rs. 30/  Rs. 30/ 
XIV. A. N E F T (thru Branch)  
Upto Rs. 10000  Rs. 2.50/  Rs. 2.50/ 
Above Rs. 10001 to Rs.1 lakh  Rs. 5/  Rs. 5/ 
Above Rs. 1 lakh to `.2 lakhs  Rs. 15/  Rs. 15/ 
Above Rs. 2 lakhs  Rs. 25/  Rs. 25/ 
B. N E F T (thru Net Banking)  
Upto Rs. 1 lakh  Free  Free 
Above Rs. 1 lakh  Rs. 10/  Rs. 10/ 
NEFT initiated through cash is limited to Rs.50000/ only per day per party  
XV. Pay Orders  
Account Holders  Rs.3/ per Rs.1000/MinRs.50/,MaxRs.15000/  Rs.2.50/ per Rs.1000/ MinRs.30/,maxRs.10000/ 
Non Account Holders  Rs.4/ per Rs.1000/MinRs.40/, No max ceiling  Rs. 3/ per Rs. 1000/; Min Rs. 25/; No max ceiling 
PO for students (As per BCSBI guidelines)  Free  Free 
PO Cancellation  Upto Rs.50/Free, above Rs.50/10% of the value of the instrument. max of Rs.500/ (As per BCSBI guidelines)  Upto Rs.50/Free, above Rs.50/10% of the value of the instrument. max of Rs.500/ (As per BCSBI guidelines) 
COLLECTION  

XVI. Bills Collection – Inward / Outward  
Inward Bills  Rs. 6/ per Rs. 1000/ or part thereof; Min. Rs. 25/Max. Rs. 7500/; Applicable postage charges  Rs. 6/ per Rs. 1000/ or part thereof; Min. Rs. 25/; Max. Rs. 7500/; Applicable postage charges 
Outward Bills  Rs. 6/ per Rs. 1000/ or part thereof; Min. Rs. 25/; Max. Rs. 7500/; Applicable postage charges subject to a min Rs. 15/  Rs. 6/ per Rs. 1000/ or part thereof; Min. Rs. 25/; Max. Rs. 7500/; Applicable postage charges subject to a min Rs. 15/ 
XVII. A. Cheque Collection – Inward / Outward  
Upto & Including Rs. 5000/  Rs. 25/  Rs. 25/ 
Above Rs. 5000/ & upto & including Rs. 10000/  Rs. 50/  Rs. 50/ 
Above Rs. 10000/ & upto & including Rs. 100000/  Rs. 100/  Rs. 100/ 
Above Rs. 100000/  Rs. 200/  Rs. 200/ 
C. Cheques sent for collection  Returned  
Local Cheque (of our bank)  Rs. 30/  Rs. 30/ 
Outstation Cheques  50% of commission charged as per RBI guidelines + other bank charges if any  50% of commission charged as per RBI guidelines + other bank charges if any 
Inward Cheques other accounts  Current and OD accounts: One day interest @ Base rate; Min. Rs. 500/ Max. Rs. 7500/ For SB accounts: Min Rs.300/ Max. Rs. 7500/ 
Current and OD accounts: One day interest @ Base rate; Min. Rs. 500/ Max. Rs. 7500/ For SB accounts: Min Rs.300/ Max. Rs. 7500/ 
Outward Cheques  SB A/cs – Rs.50/ All other a/cs Rs. 100/ 
SB A/cs – Rs.50/ All other a/cs Rs. 100/ 
D. Outward Bills sent for collection – Returned  50% of commission; min. Rs. 20/; max. Rs. 5000/ + actual VPL charges  50% of commission; min. Rs. 20/; max. Rs. 5000/ + actual VPL charges 
E. Inward Bills sent for collection – Returned  50% of commission; min. Rs. 20/; max. Rs. 5000/ + actual VPL charges  50% of commission; min. Rs. 20/; max. Rs. 5000/ + actual VPL charges 
Safe Deposit Locker Charges (exclusive of service tax)
Locker Size  Metro /Urban  Semiurban/ Rural 

Small  Rs.1200/  Rs. 1000/ 
Medium  Rs.2500/  Rs. 1700/ 
Big  Rs.4000/  Rs. 2000/ 
Large  Rs.6000/  Rs. 2500/ 
Extra Large  Rs.8000/  Rs. 3000/ 
Charges for obtention of CIBIL Report
Individual Customers  Rs .100/ 
Corporate Customers  Rs .1000/ 