Pune People’s Co-op Bank Ltd., Pune

(Multistate bank)

MANUAL ON SERVICE CHARGES

With effect from  1st July 2014

 

1.  Minimum Amount Balance for  A/C Opening

Sr.No.

Description

Mininmum Amount

1

Current A/c ( Individual )

Rs. 2500.00

2

Currnet A/c  (Partnership Firm)

Rs. 5500.00

3

Currnet A/c  (Companies )

Rs. 5500.00

4

Saving A/c (Without Cheque book)

Rs. 500.00

4

Saving A/c (With Cheque Book / ECS instructions)

Rs. 1000.00

5

Saving A/c (Demat Linked)

Rs. 2000.00

6

Recurring

Rs. 100.00

7

Children’s Saving A/c ( age above 10 yrs)

Rs. 100.00

 

2. Charges for Cash withdrawal (Saving a/c only )   ( Half yearly )

Sr.No.

Description

Charges

1

Withdrawals more than 50 in 6 months

Rs. 5.00 per withdrawal

 

3. Minimum Balance Charges  (If minimum balance is not maintained) (Monthly)

Sr.No.

Description

Charges

1

Current A/c

NIL

2

Saving

NIL

 

4. Cheque Book Issue Charges

Sr.No.

Description

Charges

 

Cheque Book Charges

 

1

Saving -

Rs. 2.00 per cheque leaf

2

CA/CC –

Rs. 2.00 per cheque leaf

3

PDC for Financial Institutions*

Rs. 15.00 per cheque leaf

 

 5. Charges for Loss of Cheque Book ( At the time of A/c Closing)

Sr.No.

Description

Charges

1

SB-  Rs. 50.00 per leaf per reference

Max. Rs. 500.00 per reference

2

CA/CC-  Rs. 100.00 per leaf per reference

Max. Rs. 500.00 per reference

 

6. Stop Payment Charges (All a/cs with cheque book facilities)

Sr.No.

Description

Charges

1

Stop Payment Charges

Rs. 100.00 per cheque leaf

 

7. Ledger Folio Charges ( Quarterly)

Sr.No.

Description

Charges

1

Saving

NIL

2

CA

Rs. 50.00 per page (Page=60 Entries)

3

If  Quarterly Average Balance in account is above Rs. 50000.00

NIL

 

8. Cheque/ECS Return Charges

Sr.No.

Description

Charges

1

 Details

Upto 2 Lac

Inward

Outward

Saving A/c and ECS

Rs. 50.00

Rs. 50.00

Current A/c and ECS

Rs. 200.00

Rs. 100.00

Cash Credit

Rs. 200.00

Rs. 100.00

 

Above 2 Lac

For All types of accounts ( On amount ) For 2 days

15% p.a.*

15% p.a.*

 

9. Duplicate Pass Book / Statement/Certificate

Sr.No.

Description

Charges

1

Savings & Recurring (Current Financial Year)

Rs. 10.00 per computer page

2

Savings & Recurring (Previous Year/s)

Rs. 25.00 + Rs. 15.00 Per computer Page

3

Current / Cash Credit(Current Financial Year)

Rs. 50.00 + Rs. 15.00 Per computer Page

4

Current / Cash Credit (Previous Financial Years)

Rs. 50.00 + Rs. 25.00 Per computer Page

5

Share Certificate

Rs. 50.00 per share certificate of 100 and for  100 above 2% of share certificate and maximum amount is not more than          Rs. 1000.00    -As per Byelaw

 

 

 

6

Cheque transaction Image/information

Rs. 100.00

7

Deposit Receipt

  NIL

 

10. Minimum Utilization Charges (Annual charges)

Sr.No.

Description

Charges

1

Minimum utilization charges ( Cash Credit) Applied for sanction loan 10.00 lakhs & above. Utilization is less than 60% within Renewal period (Annually Average balance above 60%)

1% of Unused limit

 

11. Charges for Closure of A/c before 12 Months

Sr.No.

Description

Charges

1

Savings & Recurring

Within 3 month Rs. 200.00

before 12 months Rs. 150.00

           If closed after 1 year Rs. 50.00 

2

Current

Within 3 month Rs. 500.00

before 12 months Rs. 300.00

If closed after 1 year Rs. 150.00 

3

FD ( Within 30 Days – From Date of Opening (except Auto Renewal)

NIL

 

Unused cheques - Rs. 5/- per leaf for all type of accounts

12 Token Lost

Sr.No.

Description

Charges

1

Lost Token

Rs. 150.00 Per Token

 

13 Signature Verification

Sr.No.

Description

  Charges

1

Signature Verification

Rs. 100.00 Per Verification

 

14. Loan , Nominal Member, Share Application Form Fee

Sr.No.

Description

  Charges

1

Loan Application Form Fee

Loan Application - Rs. 100.00

2

Nominal Member, Share Application Form Fee

Regular Share Application Rs. 100.00

Nominal member Application Rs. 50.00

 

15. Charges for amendment/modification of Sanction Terms

Sr.No.

Description

  Charges

1

Loan up to 10 lacs

 NIL

 2

Loan above 10 lacs

0.05% per lacs

 

16.No Dues Certificate (Excluding Pune Peoples Co-op Banks Customer)

Sr.No.

Description

  Charges

1

No Dues Certificate (Excluding Pune Peoples Co-op. Banks Customer)

Rs. 100.00

 

17. Loan Processing Fee  ( To be collected at the time of acceptance of from )

Sr.No.

Description

% of Sanctioned Limit

Min Rs.

Max Rs.

1

New Term Loans

0.40%

500

No Limit

2

New Cash Credit

0.40%

500

No Limit

3

Cash Credit Renewal ( as it is )

0.40%

500

20000

4

Housing loan

0.50%

1500

15000

5

Solvency certificate

0.20%

500

 5000

6

Sanctioned TOD/EOD

0.35%

500

No Limit

7

Education Loan
(Secured/Unsecured)

0.35%

500

5000

8

Gold Loan

0.25%

100

No Limit

9

FDCC / FDTL / FDOD

NIL

 

 

10

Restructurings of credit facility

0.40%

500

No Limit

11

Retail loans

 

 

 

 

Two  Wheeler

1%

500

No Limit

 

Four Wheeler

0.75%

1000

15000

 

Consumer Durable

1%

500

No Limit

 

Personal

2%

1000

No Limit

 

 

18. Penal Charges in Cash Credit / Term loan

Sr.No.

Description

Charges

1

Monthly non-submission of stock/book debts statements till 10th of the following months

Rs. 100.00 per month

2

Non-submission of application for renewal and review of cash credit facility/documentation non completed within one months from the date of expiry of limit.

2% of O/s Bal over ROI

3

Overdrawn amount in CC accounts against clearing

2% over applied ROI

4

Delay in Installments ( after due date)

2% over applied ROI

5

Overdrawn amount in CC accounts over sanction limit

2% over applied ROI

 

19. Gold Appraisal Charges

Sr.No.

Description

  Charges

1

To be reimbursed to Gold Valuer

As per contract with Gold Valuer

 

20. Bank Guarantee and Letter of Credit ( Fresh & Renewals)

Sr.No.

Description

  Charges

1

Against 100% deposit

1.25% Per Year + Other Banks Commission + Service Tax

2

Partly secured by Term Deposit less than 100% & Remaining Security by way of Property or Machinery

2.5% Per Year + Other Banks Commission + Service Tax

3

For BG/LC issue by us

Same as above (excluding of other bank commission)

 

21. Credit Monitoring / Visit Charges for Total Limits of Rs.10 Lac & Above (Excluding Home loans)

Sr.No.

Description

  Charges

1

Credit Monitoring Charges for Total Limits of
Rs.10 Lac & Above (Excluding Home loans)

Upto Rs. 50.00 lac Rs. 300.00 Per Quarter

 

Above Rs. 50.00 lac Rs. 500.00 Per Quarter

2

Below Rs.10 Lacs

Charges  per anum ( except FD/Gold/Staff )

 

Rs. 1.00 lac To Rs. 2.00 lac

Rs. 300.00

 

Rs. 2.00 lac To Rs. 5.00 lac

 Rs. 500.00

 

Rs. 5.00 lac To Rs. 10.00 lac

Rs. 750.00

 

22.Premature Closure of Loan A/c (Excluding Housing Loans)

Sr.No.

Description

  Charges

1

Premature Closure of Loan A/c ( Excuding Individual Loans)

NIL

2

Premature Closure of Loan A/c (  Individual Loans)

NIL

 

23.Loan Sanction Letter Revalidation Charges

Sr.No.

Description

  Charges

1

Revalidation Charges

0.05% of Sanctioned Limit (Minimum Rs. 1000.00

 

24.Remittances- Pay orders / DDs

Sr.No.

Description

  Charges

1

Pune Peoples Co-op Bank (Pay-Orders)

Rs. 0.50 Per Rs. 1000.00
Minimum Rs. 20.00
Maximum Rs. 1000.00

2

 HDFC/IDBI

Rs. 0.50 Per Rs. 1000.00
Minimum Rs. 20.00
Maximum Rs. 2000.00

3

State Bank of India

As per different slabs

4

By Cash

Rs. 2.00 Per Rs. 1000.00      Minimum Rs. 40.00  

 

25.DD/PO/Revalidation/Duplicate & Cancellation Charges

Sr.No.

Description

  Charges

1

HDFC /SBI & other Banks

Upto Rs. 1500.00 – Rs. 50.00
Above Rs. 1500.00 - Rs. 100.00

2

Pay Order

Upto Rs. 1500.00 – Rs. 25.00
Above Rs. 1500.00 - Rs. 50.00

 

26. RTGS

Sr.No.

Description

  Charges

1

Outward

Rs. 2.00 Lac to Rs. 5.00 Lac  Rs. 25.00
Above Rs. 5.00 Lac
  Rs. 50.00

2

InWard

NIL

 

27.NEFT

Sr.No.

Description

  Charges

1

Upto Rs. 10000.00

Rs. 5.00

2

From Rs. 10000.00 to Rs. 1.00 lac

Rs. 10.00

3

Above Rs. 1.00 lac upto Rs. 2.00 lac

Rs. 15.00

4

Above Rs. 2.00 lac

Rs. 25.000

 

28. OBC Collection Charges for Saving Account holders (If Cheque is Realised)

Sr.No.

Description

  Charges

1

Upto Rs. 10000.00

Rs. 25.00 +Actual charges

2

From Rs. 10001.00  to Rs. 100000.00

Rs. 50.00 +Actual charges

3

Above Rs. 100000.00

Rs. 75.00 +Actual charges

 

29.OBC Collection Charges for Other than Saving A/c (If Cheque is Realised)

Sr.No.

Description

  Charges

1

Upto Rs. 10000.00

Rs. 50.00 Per Cheque + Actual charges

2

From Rs. 10001.00 to Rs. 1.00 Lac

Rs. 100.00 Per Cheque  + Actual charges

3

Above Rs. 1.00 Lac

Rs. 150.00 Per Cheque  + Actual charges

 

30.OBC Collection Charges (If Cheque is Returned)

Sr.No.

Description

  Charges

1

Upto Rs. 1000.00

Rs. 25.00 Per Cheque + Postage Rs. 25.00 + Paying Bank Commission.

2

From Rs. 1001.00 to Rs. 10000.00

Rs. 50.00 Per Cheque + Paying Bank's Commission + Rs. 25.00 (Postage Charges Per Cheque )

3

Above Rs. 10001.00

Rs. 100.00 Per Cheque + Paying Bank’s Commission + Rs. 50.00 (Postage Charges Per Cheque)

 

31.Locker Rent & Security Deposit

Sr.No.

Description

Charges

1

Locker Rent & Security Deposit

Depending upon locker size. Charges schedule can be availed from any branch.

A

Delay in payment of Rent

Rs. 50.00 Per month

B

Break Open of locker in case of loss of key

Rs. 500.00  + Actual charges

 

32.Cash counting Charges/Handling Charges (Excluding Saving)

Sr.No.

Description

  Charges

1

Cash deposit above 50000 ( for CA/CC)

Rs. 25.00 per lakhs

2

Cash deposited by current a/c holder against clearing cheques only ( for any amount) If current a/c holder not having deposit or not availed any other facility from bank

Rs. 25.00 per lakhs ( min Rs. 25.00)

 

33. ATM Card Charges

Sr.No.

Description

Charges

1

Duplicate ATM card issue Charges

Rs. 100.00

2

Duplicate Pin mailer issue Charges

Rs. 100.00

3

Yearly Operation Charges

Rs. 100.00

4

Additional ATM card to joint A/c holder

Rs. 100.00

 

34. Recovery Charges  ( Charges debited to loan Account )

Sr.No.

Description

  Charges

1

Up to 10 k.m.

Rs. 500.00 (min.)

2

Above 10 k.m.

Rs. 1000.00 (min.)

 

35. Vehicle Charges

Sr.No.

Description

Charges

1

Issue of NOC to RTO

Rs. 150.00

 

Seizing Charges

 

a.

Light motor vehicle/two wheeler/three wheeler/four wheeler

For two wheeler - Rs. 500.00

               For Four wheeler - Rs. 1000.00

b.

Heavy vehicle

Rs. 3000.00

c.

Excavators & Cranes

Rs. 5000.00 or actual outsourcing charges as apprived

 

 

36. Enter branch Transaction Charges (Excluding Saving)

Sr.No.

Description

  Charges

1

Cash /clearing

Free

 

37. Assignment / Reassignment Charges

Sr.No.

Description

  Charges

1

Assignment of NSC

Rs. 150.00 + actual Post office charges

1

Encashment of NSC

Rs. 150.00 + actual Post office charges

3

Reassignment of NSC

NIL

4

Assignment / Encashment of LIC Policy

Rs. 150.00 per LIC branch + actual charges

 

38. Safe Custody Charges

Sr.No.

Description

  Charges

a.

Gold loan closed but pledged ornaments are not claimed within 1 month from date of closure ( after sending the notice to the loanee regarding the charges )

Loan sanction amt below Rs. 50,000.00, Rs. 50.00 per moth

Loan sanction amt above Rs. 50,000.00, Rs. 100.00 per month

b.

Sale of pledged Gold ornaments by auction

 

 

Loans upto Rs. 10000.00 

Rs. 100.00

 

Rs. 10001.00 To Rs. 100000.00

Rs. 500.00  + proportionate advertisement charges

 

Above  Rs. 100001.00

Rs. 1000.00  + proportionate advertisement charges

 

39 Others

Sr.No.

Description

  Charges

1

Transfer Share Certificate

Rs. 5.00 Per Share Certificate ( Refer Bye Law)

2

Issue of any other certificate by Bank for the purpose other than for our Banks purpose ( Including verification of Signature )

Rs. 100.00 Per Certificate

3

Income Tax Certificate for interest on term deposit/savings account or Balance certificate

NIL

4

Change in Nomination for Share Certificate

Rs. 5.00 Per Change ( Refer Bye Law)

5

Where balance is insufficient to carry out Standing Instruction

Rs. 50.00 Per transaction, if the instruction is towards the loan EMI

6

Attestation of Photograph

Rs. 50.00 for photograph

7

Charges for giving copies of documents

Rs. 10.00 Per page (Minium Rs. 50.00)

8

Enquiry relating to Old records

Rs. 150.00 per item for records more than 12 months old

( Max period – 10 Yrs)

 

 

 

Rs. 100.00 per item for records less than 12 months old

 

All the Services mentioned above will be charged with Service Tax Extra. (Wherever it is applicable )