MSME Loan
| Particulars | Minimum Card Rate |
|---|---|
| Login Fees | Rs. 5000 |
| Processing Fee | Minimum 1% of the facility amount |
| Renewal Fees | Minimum 0.75% of the facility amount |
| Overdrawn charges/security not perfected/covenant not complied with | 2% over and above the agreed rate |
| Commitment charges - Average Quarterly Utilisation < 50% | 0.5% of the unutilised amount. Charges will be levied on a quarterly basis. Applicable only for CC/OD facility |
| Penal Interest for non-submission of Stock Statement | @2% additional rate on existing ROI for non-submission of Stock Statement |
| Non-Submission of property/stock insurance | 2% additional Rate of interest on the amount out-standing. |
| ROC Filing charges | Rs 3000/- (plus taxes) per filing on availing bank empaneled vendor services. |
| Cheque Bounce Charges ( Term Loan) | Rs 500 (plus taxes) Per cheque bounce |
| Late payment penalty (Term Loan) | 24% per annum (plus taxes) on the amount out-standing from date of default. |
| Levy of Takeover Charges on customers in case the loan is taken-over by other Banks and NBFCs. | 4% of loan Outstanding for Term loan and 4% of the sanctioned amount for Working Capital Facility plus taxes as applicable. |
Charges|
Charge Type
|
Charges Applicable
|
|
Free Cheque book (PAP cheque book of 25 leafs)
|
10 cheque book free per month for limit amount equal to or greater than Rs. 2 Cr.
4 cheque books free per month for limit amount less than Rs. 2 Cr. |
|
Charges beyond free limits
|
Rs. 2 per leaf
|
|
Charge Type
|
Charges Applicable
|
|
Local Cheque clearing
|
Free
|
|
Outstation cheque collection charges at bank/non-bank location
|
Upto ₹ 5000 charge of ₹ 25/-
Above 5000 and upto and including ₹ 10,000 charge of ₹ 50/- Above ₹ 10,000 ad upto including ₹ 100000 charge of ₹ 100/- Above ₹ 100000 charge of ₹ 150/- |
|
RTGS Inward
|
Free
|
|
NEFT Inward
|
Free
|
|
IMPS Inward
|
Free
|
|
Charge Type
|
Charges Applicable
|
|
Demand Draft and Payorder at branch locations
|
Free upto 10 DDs or POs per month
|
|
Charges beyond free limits
|
Rs. 50 per DD
|
|
Demand Draft at non-branch locations
|
Rs. 100 per DD
|
|
PAP Cheque payment
|
Free
|
|
RTGS and NEFT Outward Charges at branch (Free online)
|
Free
|
|
IMPS Outward
|
Upto Rs. 50,000/- charges of Rs. 5/- per transaction, Rs. 50,001 to Rs. 2, 00,000/- charges of Rs. 15/- per transaction.
|
|
Charge Type
|
Charges Applicable
|
|
Free Cash Deposit at home location
|
10% of the sanctioned limit per month
|
|
Charges beyond free limits
|
Rs. 3/1000
|
|
Cash Deposit at Non-Home location
|
1% of the sanctioned limit per month
|
|
Charges beyond free limits
|
Rs. 4/1000
|
|
Cash Withdrawal at home location
|
Free
|
|
Cash Withdrawal at Non-Home location
|
Free upto Rs. 50000/- per day by self or third party, beyond which charges of Rs. 4/1000
|
|
Charge Type
|
Charges Applicable
|
|
stop payment single cheque
|
Rs. 100/- per cheque
|
|
stop payment series
|
Rs. 150/- for a series of 25 cheques
|
|
Outward cheque return charges for financial reasons
|
Rs. 50/- per cheque
|
|
Outward cheque return charges for technical reasons
|
NIL
|
|
Inward cheque return charges for financial reasons
|
Upto 2 cheques Rs. 350/- per cheque, 3-5 cheques Rs. 500, 6th cheque onwards Rs. 750 per cheque
|
|
Inward cheque return charges for technical reasons
|
NIL
|
|
Standing instructions set up
|
Free
|
|
Standing Instructions failure (return)
|
Rs. 200/- per return
|
|
ECS/NACH Return due to financial reasons
|
Rs. 500/- per return
|
|
SMS Alerts
|
Rs. 25 per Quarter
|
|
Charge Type
|
Charges Applicable
|
|
Balance Certificate at Branch (Online Free)
|
Rs. 250/- per instance
|
|
Previous Year balance and interest statement
|
1 free per annum, more than 1 Rs. 300/- per statement
|
|
Signature verification certificate/Photo Attestion/Address Confirmation
|
Rs. 50/- per instance
|
|
Stock Statement non-submission charges
|
Rs. 750/- per month/Quarter
|
|
Duplicate TDS certificate
|
Rs. 100/-
|
|
Duplicate account statement Print (Free Online or on email)
|
Rs. 200/-
|
|
DD/PO revalidation/cancellation
|
Rs. 100/-
|
|
Charge Type
|
Charges Applicable
|
|
Cheque pickup Oncall per instance
|
Free one pickup per day (More than once a day Rs. 50/- per call) for limit amount equal to or greater than 2 Cr.
For limit amount < 2 Cr. Rs. 50 per call. |
|
Cheque Pickup beat (per month)
|
Rs. 450/-
|
|
Cash pickup Beat (charges per month)
|
|
|
Upto Rs. 200000
|
Rs.2200/-
|
|
Rs. 200000 to Rs. 500000
|
Rs. 3200/-
|
|
Rs. 500000 to Rs. 1000000
|
Rs. 8000/-
|
|
Rs. 1000000 to Rs. 2000000
|
Rs. 12000/-
|
|
Rs. 2000000 above
|
Contact Branch
|
|
Cash pickup On call (charges per instance)
|
|
|
Upto Rs. 200000
|
Rs. 150/-
|
|
Rs. 200000 to Rs. 500000
|
Rs. 300/-
|
|
Rs. 500000 to Rs. 1000000
|
Rs. 500/-
|
|
Rs. 1000000 to Rs. 2000000
|
Rs. 800/-
|
|
Rs. 2000000 above
|
Contact Branch
|
|
* Available on request at select locations only
|
|
|
Taxes as applicable will be additional
|
|
Apply now
