MSC Bank
 
Service Charges  
Service Charges

SERVICE CHARGES WITH EFFECT FROM 27.11.2009

Sr#

Particulars

1

 Saving & Current A/c Minimum Balance :-
 

A  - Saving Bank A/c                                  

Minimum Balance
 

1) Without cheque book facility                              
2) With  cheque book facility

Individual - Rs.500/-
Ind        – Rs 1000/-
Society – Rs. 5000/-
 

B-  Current A/c
(Not Applicable if the OD facility is availed & OD amount is outstanding)

Individual - Rs. 1500/-
Society   - Rs. 5000/-

2

Other Charges for  Saving & Current A/c :
 

Particulars                       

Charges

 

1)Charges for non maintainance of  minimum     balance 

Rs.35/-
(on Quarterly basis)
 

2) Issue of Duplicate Passbook
a) Current Balance (Up to one year)

a) - Rs. 50/-passbook + Rs.10/-Computer Print  Per page.

b) With old entries (above one year)

b)  - Rs. 50/- Passbook + Rs.30/
Computerised/Manually Per page.

 

3)Issue of Duplicate Statement

Rs.75/-
 

4)charges for account closer, (if balance amount is less than Rs.100 /-,debit the balance amount and close the account. )

Rs.100/-
 

5) Inoperative Account
(Incidental Charges on Quarterly basis)

saving A/c --Rs.25/-
current  A/c –Rs.50/-
 

6)  -   Saving  A/c- Cheque Book charges- 

Individual A/c- 30 cheques free during the year,here after Rs. 1/- per leaf.

Society A/c - 50 cheques free during the year, here after Rs.1/- per leaf.
 

7) Current A/c - Cheque Book charges

Rs.0.75/- per leaf.
 

8)  Standing Instruction -
a) for same branch-
b) from one branch  to another branch-

Nil
Rs. 25/- Per Instruction
 

9) Stop Payment Instruction-

Rs 30/- Per leaf

If Cheque Book is lost-
Stop payment charges-
SB A/c – Rs.50/-
Sty A/c – Rs. 75/-
Current A/c Rs. 100/-
 

10)  Balance Certificate 

Current year – Nil
Previous year - Rs.20/-
 

11)  Additional Cheque Book issued For Loan purpose

Rs. 100/- Per cheque book

3

Clearing Cheques Return (Inward/Outward)/ECS Return/Speed Clearing Return/Transfer Return charges :-

Clearing Cheque/ speed clearing cheque Return charges - (Inward/ outward)

-    
Rs.75/- Per leaf

ECS Return – Debit

Rs. 75/- Per ECS

Transfer cheque Return                                                         Rs.50 Per leaf

 Note-If the return cheque send through post, actual postage charges will be levied separately.
       

  4

Pay Orders :-

  

Particulars

Individual / co .op. & pvt. institution A/c

Schools / Colleges A/c

 

Up to Rs. 10000/-

Rs 20/-

Rs. 10/-

  

Rs. 10001/- up to Rs. 20000/-

Rs.3/-Per Thousand

Rs. 15/-

  

Rs. 20001/- up to Rs. 1/- Lakh

Rs.3/-Per Thousand

Rs 25/- 

  

Rs. 1/- Lakh up to Rs. 2/- Lakh

Rs.3/-Per Thousand

Rs 50/- 

  

Above Rs. 2/- Lakh

Rs.3/-Per Thousand
Maximum Rs.5000/-

Rs 75/-

 

Issue of Duplicate Pay-Orders

Rs. 25/-

Rs. 20/-

  

Revalidation of Pay-Orders
( Up to one year)

Rs. 20/-

Rs. 10/-

  

5

D.D. / T.T. / M.T. :-

  

Particulars

charges

Up to Rs. 10000/-

Rs. 20/-  Co-operative Societies / Banks / Ind./ Private Institutions/District Banks

Rs 10001/- up to Rs.1/-Lakh

Co-operative Societies / District /Urban Banks Rs.2/- per thousands Minimum Rs. 40/- and Rs 150/- per TT/MT for District Banks only

Individuals/Private Institutions Rs.4/- per thousands  Minimum Rs. 50/-

Above Rs. 1/- Lakh

 Co op Societies / District /Urban Banks- Rs.4/- per thousands, Maximum Rs. 5000/- and Rs 150/- per TT/MT for Districts Banks only

Individuals/Private Institutions Rs.4/- per thousands  Maximum Rs. 7000/-

Issue of Duplicate D.D.

Rs. 25/- per D.D.

Cancellation of D.D.

Rs. 25/- per D.D.

Revalidation of D.D.

Rs. 20/- per D.D.
 

Postage Charges

Actual postage Charges

6

Bills Collection:-

  
 

Particulars

charges
 

A )  Cheques Collection Inward/Outward (Outstation) (Including Postage/Courier charges):-
 

1) Up to Rs. 10000/-

Rs. 50/-
 

2) Rs. 10001/- up to Rs. 1/- Lakh

Rs. 100/-
 

3) Above Rs. 1/- Lakh

Rs. 150/-
 

4) Cheque Return Charges

Rs. 50/- Per leaf
 

B) Bills Collection ( Hundi) :-

  
 

1) Up to Rs. 5000/-

Rs. 30/-
 

2)Rs. 5001/- up to Rs. 10000/-

Rs. 50/-

 

3) Rs. 10001/- up to Rs. 1/- Lakh 

Rs. 3/- per thousand Minimum Rs. 75/-
 

4)Above Rs. 1/- Lakh  

Rs. 4/- per thousand  Maximum Rs.6000/-
 

5) Return Charges

Rs. 50/- Per Hundi
 

6)Postage Charges

Actual postage charges
 

C) Speed Clearing Cheque Collection:- (outstation)    

Rs.1/-Lakh & above- Rs. 150/- Per leaf

7

R.T.G.S. / N.E.F.T. (As per RBI Guidelines) :-

R.T.G.S.

Charges

a) Inward                                                                    

Nil

b) Outward

  

   i) Rs.1/-Lakh to Rs. 5/-Lakh

Rs.25/- Per Transaction

  ii) Above Rs. 5/-Lakh

Rs.50/- Per Transaction

N.E.F.T.

  

a) Inward

Nil

b) Outward

  

   i) Up to Rs. 1/- Lakh

Rs.5/- Per Transaction

  ii) Above Rs. 1/- Lakh

Rs.25/- Per Transaction

 8

Other Charges
 

Particulars

Charges
 

1) Issue Duplicate Share Certificate

Rs.25/-
 

2)Signature Attestation

Rs.25/-
 

3) Photo Attestation   

Rs.25/-
 

4) Custodian Charges

  
 

i) Fixed Deposit Receipt

Rs.50/- Per Receipt
 

ii) Debenture Bonds (seal Packet)

Rs.200/-
 

5) Lost of Cheque book requisition    slip 
S/B, C/A, C/C, O/D Accounts

Rs.25/-
 

6)Franking Charges

Rs.10/- (Per Instrument)
 

7)Cash Handling Charges

For Co-op institutions A/c.
( CA/CC A/C)

Rs.10001/- upto Rs.50000/-   

Rs.10/-

Rs.50001/- upto Rs.1/- Lakh

Rs.25/-

Above Rs 1/- Lakh

Rs.50/- per Lakh,
Minimum Rs.100/-,
Maximum Rs.5000/-
 

8)Postage/Courier charges for all Dispatch Dept. of the bank .

Actual Postage charges + Service charge Rs. 5/-for Regi. post / Parcel ( Per 500/-gm)

    10) Taxes (on commission &  service charges)-

           Existing Service tax, education Cess and higher secondary education cess are applicable and subject to change from time to time.
 
     
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