Krishna Bhima Samruddhi Local Area Bank Ltd is registered with DICGC
DICGC website
Service Charges
| Sr.No | Services | Frequency Of Charges | Service Charges w.e.f 01.09.2019 |
|---|---|---|---|
| 1 | Cheque Book Charges | Instance basis | Rs.60/- per cheque book |
| 2 | Closure of Account | Instance basis | Rs.200/- if a SB /CA is closed within a year and above one year Rs.100/- |
| Rs.200/- if a RD/SDD/SWD A/c is closed within 6 months. | |||
| 3 | Issue of A/c statement | Instance basis | Rs.75/- |
| 4 | Issue of Duplicate receipt of Fixed Deposit | Instance basis | Rs.200/- |
| 5 | Stop Payment Instruction | Instance basis | Rs.250/- for SB A/c |
| Rs.350/- for CA/OD/CC A/c | |||
| 6 | Cheque return (Inward & Outward) | Instance basis | Rs.500/- or to the extent of balance available in the account whichever is less. |
| 7 | Standing Instruction | Instance basis | Rs.150/- One time charge (Except Interest payment on term deposits) |
| 8 | Failed standing instruction | Instance basis | Rs.100 |
| 9 | Fund Transfer - RTGS | Instance basis | Inward – NIL Outward Rs.20/- + GST up to 5 Lakh. Rs.40/-+GST above 5 Lakh. |
| 10 | Fund Transfer - NEFT | Instance basis | Inward – NIL Outward Up to 10000 –Rs.2.50/- Above 10000 – 1lac: Rs.5/- Above 1 lac – Rs.2 lac: Rs.15/- Above 2 lac – Rs.25 /- |
| 11 | IMPS/UPI | Instance basis | up to Rs.1 lakh Rs.5/- Rs.1 lac to Rs.2 lac Rs.15/- |
| 12 | Other services Issue of Certificates No objection/No dues/Balance/Interest charged/Cheque honoured/Account maintaining/etc. No Dues Certificate to Govt. Sponsored credit Schemes & in Rural Areas | Instance basis | Rs.100/- |
| 13 | Enquiry of old Records | Instance basis | Rs.200 |
| 14 | Annual Fee for Debit Card | Annually | Rs.150/- |
| 15 | Replacement of Debit Card | Instance basis | Rs.200/- |
| 16 | ATM transaction charges | Monthly | First 5 transactions free |
| above 5 Txns - Rs.25/- | |||
| 17 | Debit Card PIN regeneration charge | Instance basis | Rs.100/- |
| 18 | Inter Branch Transaction (Cash deposit & withdrawal at Non Home branch) | Instance basis | Up to Rs 25000/- free |
| Rs.25,000 to Rs.1 lakh Rs.100/- | |||
| Above 1 lakh to Rs. 10 lakh Rs. 200/- | |||
| Above Rs. 10 Lakh Rs.500/- | |||
| 19 | Notice to loan customer | Instance basis | Rs.100/- for Bank Notice |
| Rs. 500/- or Actual Advocate Fee, whichever is higher for Legal Notice. | |||
| 20 | CERSAI Charges | Instance basis | 100/- for security charge up to Rs. 5 Lakh, |
| 150/- for security charge above Rs.5 Lakh | |||
| 21 | Credit Bureau enquiry Charges | Instance basis | 100/- for individual enquiry, 1500/- for the institutional enquiry |
| 22 | Inspection Charges - Loan Account as per sanctioned limit | Quarterly-Calendar quarter end | up to Rs.25,000/- NIL |
| 25,001/- to 50,000/- Rs.50/- | |||
| 50,001/- to 1,00,000/- Rs.100/- | |||
| Above Rs.1 lac to 5 lac Rs.200/- | |||
| Above Rs.5 lakh to Rs.10 lakh Rs.400/- | |||
| Above Rs.10 lakh Rs.600/- | |||
| 23 | Non-maintenance of minimum balance SB without Cheque book Rs. 250/- With Cheque book: Rs.500 Current account : Rs. 3000 General & Rs.1000/- for GME customers | Quarterly | Rs.50/- for SB A/c without Chequebook |
| Rs.75/- for SB A/c with Chequebook | |||
| Rs.150/- For current account | |||
| 24 | Dormant/In operative Accounts - Annual Maintenance Charges | Quarterly | Rs.25/- SB A/c Rs.50/- Current A/c |
| 25 | Account Maintenance charges | Quarterly | Rs.25/- SB A/c Rs.150/- Current A/c |
| 26 | Loan Annual Review Charges – For all Term loans as per sanctioned limit. | Yearly- (To be recovered in March every year) | For Loans Above Rs.1,00,000 @ 0.25% of sanctioned Limit. |
| 27 | Pre closure of loan before the scheduled closure of Loan | Instance basis | 2% of the outstanding loan amount will be imposed on borrowers who do not avail themselves of fresh loans from the bank within a maximum period of 3 months after closing their existing loans. |
| 28 | Issue of duplicate passbook | Instance basis | Rs.100 |
| 29 | SMS charges | Quarterly | ‘Actual usage’ basis” (Excluding BSB, A/cs, Small Deposit A/cs, No-frill A/cs/Debit card transactions/staff A/cs). |
Other Conditions
- In all cases Goods and Service Tax as applicable, presently 18 %, shall also be collected.
- The revised service Charges which are chargeable on instant basis shall be effective from 1st September 2019.