SERVICE CHARGES ON LOANS AND ADVANCES
SERVICE CHARGES ON LOANS AND ADVANCES W.E.F NOVEMBER 12, 2018 (Charges are excluding applicable taxes)
Processing Fee
Processing Fee (PC) is applicable for all types of advances on the aggregate sanctioned limit.
| For Fresh Limits | |||
| Amount Slab – Loan/Limit | Working Capital Facilities (Fund based limits) : OD/CC | Working Capital Facilities (Non Fund based limits) | |
| Term Loans (other than structured products) | |||
| Upto Rs.25,000 | Nil | Nil | Nil |
| Above Rs.25,000 - upto Rs.10 lacs | 1% | 0.40% | 1.25% |
| Above Rs.10 lacs to Rs.1.00crs | 0.75% With a minimum of Rs.10,000/- | 0.60% | |
| Above Rs.1.00 cr | 0.50% With a minimum of Rs.75,000/- | 0.50% With a minimum of Rs.60,000/- | |
| Adhoc/TOD | 1% of the adhoc limit for the tenor in addition to the additional ROI. | NA | NA |
| For Review /Renewals: | |||
| Amount Slab – Loan/Limit | Working Capital Facilities (Fund based limits): CC/OD | Working Capital Facilities (Non Fund based limits) | Term Loans(other than structured products) |
| Upto Rs.25,000 | Nil | Nil | Nil |
| Above Rs.25,000 | 0.25% | 0.25% . | |
| PC to be collected upfront on acceptance of sanction by the customer. | |||
| - For loan/OD against Government Securities, NSCs, KVPs, LIC polices 50% of the above fee to be collected. | |||
| Charges for Modification of accepted sanction Terms: | |||
| Amount Slab – Loan/Limit | Amount per modification | ||
| Upto Rs.2 lacs | Nil | ||
| Above Rs.2 lacs & upto Rs.25 lacs | Rs.2500/- | ||
| Above Rs.25 lacs to Rs.1.cr | Rs.10000/- | ||
| Above Rs.1.00cr | Rs.25000/- or 0.1% whichever is higher | ||
| Internal Rating Validation Charges:- | |||
| Amount Slab – Loan/Limit | Amount per Rating | ||
| Upto Rs.2 lacs | Nil | ||
| Above Rs.2 lacs & upto Rs.25 lacs | Rs.250 per rating | ||
| Above Rs.25 lacs | Rs.1000 per rating | ||
| Internal Rating validation charges for LAD & Gold Loans (Agri Gold Loan, General Gold Loan & Gold Power) – Nil | |||
| Report Generation Charges of CIBIL / CRIF / other approved Credit information agency:- | |||
| Consumer CIBIL /CRIF | Rs. 50+ applicable tax per Report % | ||
| Commercial CIBIL /CRIF | Rs.915+ applicable tax per Report | ||
| Pre Closure Charges For Working Capital Accounts CC/OD (other than Micro & small enterprise which is given below):- | |||
| Facility | Charges % | ||
| Within 6 months of initial sanction | Above 6 months of initial sanction & review /renewal accounts | ||
| Working Capital | 1% of the limit. | - Nil if closed with own funds - If take over, 1 % of the limit | |
| Accounts marked under Exit: Branch should charge 0.25% of the facility availed in case of accounts is not closed within the stipulated time frame. | |||
| Pre-Payment / Pre closure/fore closure/ closure Charges for Term Loans (other than Micro & small enterprise which is given below):- | |||
| Facility | Charges % | ||
| Closure with own funds | Closure by takeover by other banks/FI | ||
| Within 12 months of First disbursement | After 12 months of First disbursement | At any time period after first disbursement | |
| i. Term Loan of floating interest rate other than in individual name ii. Fixed interest rate Term loans inclusive of individuals | 2% of the amount pre paid/ closed | 1% of the amount pre paid/ closed | 2% of the amount taken over. |
| Term loan in individual name under floating interest rate | Nil | Nil | Nil |
| Note: If co-applicant is non-individual to the individual primary applicant of the TL, then pre closure charges should be collected as applicable. | |||
| Pre-Payment / Pre closure/fore closure/ closure Charges for credit facilities of Micro & Small Enterprises :- | |||
| Credit facilities of Micro & small Enterprises under floating rate | Nil | ||
| Credit facilities of Micro & small Enterprises under fixed rate loans upto Rs.50.00lacs | Nil | ||
| Switch/ Swap Charges : For Reduction in existing MCLR rate | |||
| Particulars | Switch Charge | ||
| Reduction from existing MCLR rates (other than mandatory revision as per RBI guidelines) | 0.25% of the outstanding. | ||
| Switch charges for conversion from BR/BPLR to MCLR: Nil | |||
| Commitment Charge:- | |||
| Working Capital (To be imposed on half yearly basis) (CC/OD) | |||
| Half Yearly Utilisation Level | Commitment Charges % | ||
| Below 60% | 1% p.a of the unutilzed portion | ||
| Term Loan | |||
| Term Loan | Nil | ||
| Documentation Charges | |||
| Loan Amount | Charges | ||
| For loans above Rs. 1 crore & upto Rs. 5 cr | Flat fee of Rs.10,000/ | ||
| For loans above Rs. 5 crore | Flat fee of Rs.20,000/ | ||
| EM Creation Charges:- | |||
| Loan Amount | Charges | ||
| Up to Rs.2 lacs | Nil | ||
| Above Rs.2 lacs | Rs.100/lac, maximum of Rs.5000 | ||
CERSAI Registration Charges (wherever applicable):
| |||
| Inspection Charges (Other than Retail Loans):- | |||
| Loan Amount | Charges | ||
| Upto Rs.25,000/- | Nil | ||
| Above Rs 25,000/- to Rs.2 lacs | 0.50% of the limit with a minimum of Rs.500/-pa | ||
| Above Rs.2 lacs- Rs.50 lacs | Rs.250/- per lac with a minimum of Rs.1,000/-p.a and maximum Rs.10,000/-pa | ||
| Above Rs.5 cr | Actual expenses + Rs 10,000/- subject to a minimum of Rs.30,000/- p.a. | ||
| Delayed Submission of Financial Reports: 2% over and above the ROI quoted for the delay period. | |||
| Charges for Issuance of No Objection Certificate for each approval :- | |||
| Loan Amount | Charges | ||
| Upto Rs.25,000/- | Nil | ||
| Above Rs 25,000/- to Rs.2 lacs | 0.50% of the limit with a minimum of Rs.500/-pa | ||
| Above Rs.5 cr | Actual expenses + Rs 10,000/- subject to a minimum of Rs.30,000/- p.a. | ||
| Charges for Issuance of No Objection Certificate for each approval :- | |||
| Loan Amount | Charges | ||
| If there is dilution in our security coverage | For Limit below Rs.10 crore | Minimum of Rs.10,000/- | |
| For limits of Rs.10 crs and above | Minimum of Rs.25,000/- | ||
| If there is NO dilution in our security and issuance of capital raising, debentures and other purposes | Minimum of Rs.10,000/- | ||
| Charges for Issuance of Solvency Certificate for each approval:- | |||
| Up to Rs.2 lacs | Rs.2,000/- | ||
| Above Rs.2 lacs and upto Rs.25 lacs | Rs.5,000/- | ||
| Above Rs.25 lacs and upto Rs.50 lacs | Rs.10,000/- | ||
| Above Rs.50 lacs | Rs.25,000/- or 0.10% of the requested amount whichever is higher | ||
| Charges for Issuance of No Due Certificate for each approval:- | |||
| Limits | Charges (Rs.) | ||
| Up to Rs.2 lacs | Nil | ||
| Above Rs.2 lacs and upto Rs.25 lacs | Rs.200/- | ||
| Above Rs.25 lacs | Rs.500/- | ||
| Particular | Charges (Rs.) | ||
| Charges for enquires relating to old records ( more than 12 months) | Rs.200/-per query upto 2 years & thereafter additional Rs.100/- per additional year for each item. | ||
| Issuance of Credit Opinion Report:- | |||
| Loan Amount | Charges (Rs.) | ||
| Up to Rs.2 lacs | Nil | ||
| Above Rs.2 lacs | Rs.1000/- | ||
| Safe Custody of Documents Charges:- | |||
| Type of Custody | Charges (Rs.) | ||
| Sealed cover | Rs.1000/- | ||
| Sealed Box | Rs.5000/- | ||
| Charges for effecting Standing Instruction/ECS/PDC:- | |||
| Particular | Charges (Rs.) | ||
| For Setting an Instruction | Rs.100/- | ||
| For Amendment/Modification | Rs.100/- | ||
| For every ECS transaction, Rs.4.50 to be charged. | |||
| Cash Handling Charges:- | |||
| Sanctioned Limit | Free Cash Per Month | Charges (beyond free cash limit) | |
| Upto Rs 1 crs | Upto 20% of the sanctioned limit | Rs 2.00 per Rs 1000 | |
| Above Rs 1 crs and upto Rs 5 crs | Rs 10 lacs | Rs 2.00 per Rs 1000 | |
| Above Rs 5 crs | Rs 15 lacs | Rs 2.00 per Rs 1000 | |
| Transaction Entry Charges: At Rs.2 per entry if the number of transaction (excluding internet & branch induced debits and credits) exceed 50 per quarter. | |||
| Charges for Notice – Advance Accounts Fund Based/Non Fund Based/Devolved Accounts | |||
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