| Sr. No | PARTICULARS | Service Charges | |
| l) | Commitment Charges | ||
|
In case of Cash Credit and Overdraft Accounts of Rs. 100 lakh and above |
@0.10 % p.a. on unutilized portion of the limit if average utilization during the quarter is below 75 % of sanctioned limit. |
|
m) |
Solvency Charges: |
||
Upto Rs.2 Lac |
Rs.400 + App. Tax | ||
Above Rs. 2 Lac |
@0.20% of the amount +App. Tax Min Rs.400/- +App. Tax and Max Rs.30000/- +App. Tax For Extra Copies -Rs. 200/- Per Certificate + App. Tax | ||
n) |
Custodian Charges : |
Rs.100/- +App. Tax for Per Completed Month. | |
o) |
Processing Charges for Reduction in ROI |
||
|
1) Housing Loan |
Processing Charges of Rs.2500/- + App. Tax irrespective of Housing Loan Amount. |
|
|
2) SME/Commercial Loan |
@ 1.00% of Sanction Amount of CC/OD A/cs and Outstanding Amount of Term Loan A/cs Maximum Rs.25000/- |
|
p) |
GP Parsik Bank Guarantee (Upto Rs.80 Lakhs): |
|
|
i) 100 % Cash Margin |
Upto 0.25% Per quarter + App. Tax Max Rs.50000/- |
||
ii) Bank Guarantee – For Land Acquisition Matter |
Upto 0.13% Per quarter + Applicable Taxes |
||
iii) Other than above Bank Guarantees |
Upto 0.70% Per quarter + Applicable Taxes |
||
iv) When Revolving Limit is sanctioned |
The Margin Money and Commission will be decided by the Board / Executive Committee. |
||
v) Bank Guarantees Cancellation Charges |
Rs. 500/- Per Guarantee + Applicable Taxes |
||
vi) Bank Guarantees Amendment Charges |
Rs. 500/- Per Guarantee + Applicable Taxes |
||
vii) Bank Guarantees Invocation Charges |
Upto 1% of Bank Guarantee amount, Min. Rs. 500/- & Maximum Rs. 5000/- per Invoked Bank Guarantee. |
||
viii) Bank Guarantees early Redemption Charges |
|
||
1. If Bank Guarantee is not submitted to beneficiary & returned back by the applicant to the Bank. |
Refund full commission after deducting Rs. 500/- as processing charges. |
||
2. If un-expired period of Bank Guarantee is less than one year and applicant returned back Bank Guarantee. |
No Refund of commission will be given. |
||
3. If un-expired period of Bank Guarantee is more than one year and applicant returned back original Bank Guarantee. |
Refund of 50% commission will be given to the extent of remaining full Years only. |
||
ix) Bank Guarantee Processing Charges |
Upto 1% of Bank Guarantee amount, Min. Rs. 100/- & Maximum Rs. 10000/- |
||
x) Mode of commission Collection |
Up-front all charges, Irrespective of period of Guarantee |
||
|
GP Parsik Bank Guarantee (Above Rs.80 Lakhs): |
|
|
i) 100 % Cash Margin |
Upto 0.25% Per quarter + App. Tax Max Rs.50000/- |
||
ii) Bank Guarantee – For Land Acquisition Matter |
Upto 1.00% Per quarter + App. Tax |
||
iii) Other than above Bank Guarantees |
Upto 1.20% Per quarter + App. Tax |
||
iv) When Revolving Limit is sanctioned |
The Margin Money and Commission will be decided by the Board / Executive Committee. |
||
v) Bank Guarantees Cancellation Charges |
Rs. 1000/- Per Guarantee + Applicable Taxes |
||
vi) Bank Guarantees Amendment Charges |
Rs. 1000/- Per Guarantee + Applicable Taxes |
||
vii) Bank Guarantees Invocation Charges |
Upto 1.50% of Bank Guarantee amount, Min. Rs.1000/- & Maximum Rs. 5000/- per Invoked Bank Guarantee. |
||
viii) Bank Guarantees early Redemption Charges |
|
||
1. If Bank Guarantee is not submitted to beneficiary & returned back by the applicant to the Bank. |
Refund full commission after deducting Rs. 1000/- as processing charges. |
||
2. If un-expired period of Bank Guarantee is less than one year and applicant returned back Bank Guarantee. |
No Refund of commission will be given. |
||
3. If un-expired period of Bank Guarantee is more than one year and applicant returned back original Bank Guarantee. |
Refund of 50% commission will be given to the extent of remaining full Years only. |
||
ix) Bank Guarantee Processing Charges |
Upto 1.20% of Bank Guarantee amount, Min. Rs. 500/- & Maximum Rs. 10000/- |
||
x) Mode of commission Collection |
Up-front all charges, Irrespective of period of Guarantee |
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