Account Related Charges

The charges regarding the account related banking services are listed here.

Nature of Services Individuals / Sole Prop. / Partnership Firms / Companies / Trusts and Others in Non-Rural Areas Senior Citizens, Pensioners and Individuals in Rural Areas
1. Cheque Book Issue
For all Current Accounts (including MCC accounts)
Annual Average Balance of the previous year (AAB) Annual Average Balance of the previous year (AAB)
AAB <= Rs. 25,000/- - 200 leaves free AAB <= Rs. 25,000/- - 200 leaves free
AAB > Rs. 25,000/- and <= Rs. 1 Lakh - 300 leaves free
Beyond free limit Rs. 3/- per leaf
AAB > Rs. 25,000/- and <= Rs. 1 Lakh - 300 leaves free
Beyond free limit Rs. 3/- per leaf
AAB > Rs. 1 Lakh - 500 leaves free
Beyond free limit Rs. 3/- per leaf
AAB > Rs. 1 Lakh - 500 leaves free
Beyond free limit Rs. 3/- per leaf
Overdraft Accounts Rs. 3/- per leaf for all OD / CC Accounts Rs. 3/- per leaf for all OD / CC Accounts
Regular Savings Bank Account 25 leaves free p.a for all eligible Accounts
thereafter Rs. 5/- per leaf
Rs. 3/- per leaf for Senior Citizen product
25 leaves free p.a for all eligible Accounts
thereafter Rs. 5/- per leaf
Rs. 3/- per leaf for Senior Citizen product
Freedom SB Account 25 leaves free per annum
thereafter Rs. 5/- per leaf
25 leaves free per annum
thereafter Rs. 5/- per leaf
Yuvashakthi SB Accounts 25 leaves free per annum
thereafter Rs. 5/- per leaf
25 leaves free per annum
thereafter Rs. 5/- per leaf
Prestige SB Accounts Free Unlimited cheque leaves Free Unlimited cheque leaves
Shakthi SB Accounts 25 leaves free per annum
thereafter Rs. 5/- per leaf
25 leaves free per annum
thereafter Rs. 5/- per leaf
Charges for Loose leaf issue for customers who are already issued with cheque book Rs. 25/- per leaf (except Prestige Accounts) Rs. 25/- per leaf (except Prestige Accounts)
2. Non-Maintenance of Minimum Average Balances (not applicable to dormant Accounts)
Current Accounts Metro, urban & semi-urban centres – Rs. 200/- Rs. 70/-
All Regular Savings Accounts & NRO SB Account Metro, urban & semi-urban centres – Rs. 200/- Rs. 200/-
Senior Citizens Account No Minimum balance charges No Minimum balance charges
Rainbow SB Account Rs. 200/- Rs. 200/-
Freedom, Yuvashakthi, Shakthi Accounts Rs. 250/- Rs. 250/-
Prestige Account Rs. 500/- Rs. 500/-
*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.
3. Closure of Accounts
Current Accounts
Up to 14 days - Nil Up to 14 days - Nil
If closed within 1 year - Rs. 350/- If closed within 1 year - Rs. 300/-
If closed at 1 year & after 1 year - Nil (As per BCSBI guidelines) If closed at 1 year & after 1 year - Nil (As per BCSBI guidelines)
Savings Accounts Up to 14 days - Nil Up to 14 days - Nil
If closed within 1 year:
Rs. 100/- for Freedom, Yuvasakthi, NRE / NRO, Jumbo, Corp, Smart SB accounts
Rs. 150/- - Sr. Citizen SB account
Rs. 200/- – Rainbow, Resident SB, Student accounts,
Rs. 300/- - Sakthi
If closed within 1 year - Rs. 100/-
If closed at 1 year & after 1 year - Nil (As per BCSBI guidelines) If closed at 1 year & after 1 year - Nil (As per BCSBI guidelines)
CC / SOD Accounts Rs. 2,300/- if Account is being taken over by another bank Rs. 2,300/- if Account is being taken over by another bank
4. Folio Charges
Current Accounts Free where MAB is Rs. 25,000/- & above
Rs. 1.25/- per transaction if MAB is below Rs. 25,000/- (Minimum Rs. 25/-)
Free where MAB is Rs. 25,000/- & above
Rs. 1/- per transaction if MAB is Rs. 25,000/- (Minimum Rs. 15/-)
Overdraft / CC Accounts Rs. 1/- per transaction Rs. 1/- per transaction
Savings Accounts 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 transactions is more than the maximum stipulated, a service charge of Rs. 2.25/- (inclusive of GST) 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 transactions is more than the maximum stipulated, a service charge of Rs. 2.25/- (inclusive of GST) will be levied for each transaction in excess of 90 transactions.
5. Stop Payment Instructions
Savings Accounts Rs. 125/- per instrument Rs. 60/- per instrument
Rs. 250/- for a series of instruments Rs. 175/- for a series of instruments
Current / OD / CC Accounts Rs. 150/- per instrument
Rs. 350/- for a series of instruments
Rs. 100/- per instrument
Rs. 300/- for a series of instruments
6. Issue of Duplicate Passbook / Sheet
Duplicate Passbook - Savings Accounts Rs. 150/- per book Rs. 100/- per book
Loan Accounts Min. Rs. 25/-
Beyond one sheet Rs. 25/- per sheet
Min. Rs. 25/-
Beyond one sheet Rs. 25/- per sheet
Statement of Accounts SB / CA / OD Rs. 1/- per entry Min - Rs. 10/- Max - Rs. 100/- Rs. 1/- per entry Min - Rs. 10/- Max - Rs. 50/-
7. Signature verification
Siganture verification charges Rs. 125/- Rs. 30/-
8. Issuance of No Dues certificate to non-customers
Issuance of No Dues certificate to non-customer charges Rs. 150/- Rs. 50/-
9. Cash Remittance at Base Branches – Current Accounts & SODA - FD
A. Cash Remittance at Base Branches & Non-base Branches – Current Accounts where monthly average balance >= 10,000 (Including cash deposited through Cash Recyclers) Free cash remittance up to Rs. 5 Lakhs 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. 3/- per Rs. 1,000/- at both base and non-base branches will be charged.

In case of bullion / jewellery customers Rs. 6/- per Rs. 1,000/- will be charged over and above the free limit
Free cash remittance up to Rs. 5 Lakhs 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/- per Rs. 1,000/- at both base and non-base branches will be charged.

In case of bullion / jewellery customers RS. 5/- per Rs. 1,000/- will be charged over and above the free limit
B. Cash Remittance at Base Branches & Non-base Branches – Current Accounts where monthly average balance < 10,000 (Including cash deposited through Cash Recyclers) Free cash remittance up to 15 Times of Monthly Average Balance (MAB) at both base and Non-base branches put together.
Beyond the free limit, Rs. 3/- per Rs. 1,000/- at both base and non-base branches will be charged.

In case of bullion / jewellery customers Rs. 6/- per Rs. 1,000/- will be charged over and above the free limit
Free cash remittance up to 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/- per Rs. 1,000/- at both base and non-base branches will be charged.

In case of bullion / jewellery customers Rs. 5/- per Rs. 1,000/- will be charged over and above the free limit
C. Cash Remittance at Base Branches & Non-base Branches – Current Accounts where monthly average balance of Rs. 3 Lakhs & above (Including cash deposited through Cash Recyclers) PBG Circular No. 289/2015 - 16 dated 28.07.2015 Free cash remittance up to 18 times of Monthly Average Balance (MAB) at both base and non-base branches put together.
Beyond the free limit, Rs. 3/- per Rs. 1,000/- at both base and non-base branches will be charged.

In case of bullion / Jewellery customers Rs. 5/- per Rs. 1,000/- will be charged over and above the free limit.
Free cash remittance up to 18 times of Monthly Average Balance (MAB) at both base and non-base branches put together.
Beyond the free limit, Rs. 2/- per Rs. 1,000/- at both base and non-base branches will be charged.

In case of bullion / Jewellery customers Rs. 6/- per Rs. 1,000/- will be charged over and above the free limit.
D. SODA – FD (281) – Credit balance (Including cash deposited through Cash Recyclers) Free cash remittance up to 15 times of Monthly Credit Average Balance at both base and Non-base branches put together.
Beyond the free limit, Rs. 2/- per Rs. 1,000/- at both base and non-base branches will be charged.
Free cash remittance up to 15 times of Monthly Credit Average Balance at both base and Non-base branches put together.
Beyond the free limit, Rs. 2/- per Rs. 1,000/- at both base and non-base branches will be charged.
E. SODA - FD – (281) (Including cash deposited through Cash Recyclers) Free limit up to previous month's Average Debit balance. Free limit up to previous month's Average Debit balance.
F. Cash Remittance – Regular SB Accounts ( Non-Base branches) (Including cash deposited through Cash Recyclers) Free up to Rs. 30,000/- per day, subject to a max. of Rs. 2.5 Lakhs per month.
Beyond that, Rs. 2.25/- per Rs. 1,000/- Min – Rs. 10/-
Free up to Rs. 30,000/- per day, subject to a max. of Rs. 2.5 Lakhs per month.
Beyond that, Rs. 2/- per Rs. 1,000/- Min – Rs. 10/-
G. Cash remittance charges at non-base branches for Freedom SB Free up to Rs. 1 Lakh per day, subject to a max. of Rs. 5 Lakhs per month.
Beyond that, Rs. 2.25/- per Rs. 1,000/- Min – Rs. 10/-
Free up to Rs. 1 Lakh per day, subject to a max. of Rs. 5 Lakhs per month.
Beyond that, Rs. 2/- per Rs. 1,000/- Min – Rs. 10/-
H. Cash remittance charges at non-base branches for Yuvasakthi Free up to Rs. 1 Lakh per day, subject to a max. of Rs. 5 Lakhs per month.
Beyond that, Rs. 2.25/- per Rs. 1,000/- Min – Rs. 10/-
Free up to Rs. 1 Lakh per day, subject to a max. of Rs. 5 Lakhs per month.
Beyond that, Rs. 2 per/- Rs. 1,000/- Min – Rs. 10/-
I. Cash remittance charges at base branches - For Shakthi, Freedom, Yuvasakthi, RBSB SB Accounts Rs. 5 Lakhs per month.
Beyond that, Rs. 2.25/- per Rs. 1,000/ - Min – Rs. 10/-
Rs. 5 Lakhs per month.
Beyond that, Rs. 2.25/- per Rs. 1,000/ - Min – Rs. 10/-
J. Cash Remittance Limit - base branch - For Regular SB Accounts Rs. 3 Lakhs per month.
Beyond that, Rs. 2.25/- per Rs. 1,000/ - Min – Rs. 10/-
Rs. 3 Lakhs per month.
Beyond that, Rs. 2.25/- per Rs. 1,000/ - Min – Rs. 10/-
K. Cash Remittance Limit - base branch - For NRO / Senior Citizen / Salary SB Rs. 1 Lakh per month.
Beyond that, Rs. 2.25/- per Rs. 1,000/ - Min – Rs. 10/-
Rs. 1 Lakh per month.
Beyond that, Rs. 2.25/- per Rs. 1,000/ - Min – Rs. 10/-
10. Cash Withdrawal
A. Cash Withdrawal at Base and Non-Base Branches – SB Accounts (Self Cheques only) Free without any limit Free without any limit
B. Cash Withdrawal charges(self Cheque) at non-base branches for Sakthi / Yuvasakthi / Freedom Free without any limit Free without any limit
C. Cash Withdrawal at Base and Non-Base Branches – SB Accounts (Third party Cheques only) Withdrawal not allowed over Rs. 50,000/- per day per party. Rs. 50,000/- per day per party Rs. 50,000/- per day per party
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