Service Charges

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Service Charges

REVISED SCHEDULE OF SERVICE CHARGE OF THE WEST BENGAL STATE CO-OPERATIVE

BANK LTD. WITH EFFECT FROM 02/04/2018

A: DEPOSIT AND OTHER LIABILITY RELATED SERVICES

Sl. No.	Type of Service	Revised Service Charges w.e.f 2nd April, 2018 (Including Goods & GST).
1	2	3
1.	Issuance of Managers’ cheque/pay order	Upto Rs.1000/-	Rs. 21/- Inclusive of GST
		Above Rs.1000/- to Rs.5000/-	Rs. 26/- Inclusive of GST
		Above Rs.5000/- to Rs.10000/-	Rs. 52/- Inclusive of GST
		Above Rs. 10000/- Rs. 7/- per thousand or part thereof subject to minimum Rs. 62/- & maximum Rs. 10,261/- . No charges for payment against Term Deposit Receipt/Loan Disbursement/Payment on behalf of Bank.
2.	Issue of Bankers’ cheque/DD on KMB	Upto Rs.1000/-	Rs. 21/- Inclusive of GST
		Above Rs.1000/- to Rs.3000/-	Rs. 26/- Inclusive of GST
		Above Rs.3000/- to Rs.10000/-	Rs. 52/- Inclusive of GST
		Above Rs. 10000/- Rs. 7/-(Incl. GST) per thousand or part thereof subject to minimum Rs. 67/- (Incl. GST) & maximum Rs. 10,261/- (Incl.GST). No charges for payment against Term Deposit Receipt/Loan Disbursement/Payment on behalf of Bank.
3.	Issue of duplicate managers’ cheque/pay order/draft /Bankers’ cheque/DD on KMB	Any amount		Rs.124/ Incl of GST
4.	Issue of Duplicate Bankers’ cheque/Draft on other Bank	Any amount		Rs.124/- (Incl. of GST)
5.	Cancellation/Revalidation of Drafts/Manager’s cheque	Rs.103/(Incl. of ST)
6.	Collection of outstation DD/Cheque DW etc. (plus postage + out of pocket expense)	Up to Rs. 5000/-		Rs.31/-(Incl. GST) plus postage + out of pocket exp.
		Above Rs. 5000/- to Rs. 10000/-		Rs.62/-(Incl. GST) plus postage + out of pocket exp.
		Above Rs. 10000/- to Rs.10.00 lac		Rs. 6/- per thousand or part thereof st. minimum Rs.52/-
		Above Rs. 10.00 lac		Rs.5.00 per thousand or part thereof st. minimum Rs.52/- and Maximum Rs.10,261/-.
7.	Collection of Bills	Up to Rs.1000/-			Rs. 83/-
		Above Rs.1000/- up to Rs.5000/-			Rs. 103/-
		Above Rs.5000/- or part thereof			Rs. 11/- per thousand
		Subject to minimum Rs. 88/-(Incl. GST) and maximum Rs. 10261/-(Incl. GST) plus actual postage and courier per all cases.
8.	Handling charges for cheque/bills returned unpaid local charges/bills	Up to Rs/1.00 lac		Rs.103/ Incl of GST
8.		Above Rs.1.00 lac		Rs.206/ Incl of GST
9.	Handling charges for outstation cheque/bills returned	upto Rs.1.00 lac		Rs.129/-(Incl. GST)
9.	Handling charges for outstation cheque/bills returned	Above Rs.1.00 lac		Rs.257/-(Incl. GST)
10.	Issue of duplicate pass book/statement of A/C / term deposit receipt copy	Rs.52/-(incl. GST) for 1st page plus Rs.26/- (Incl. GST) per additional page
11.	Stop payment instruction	Rs. 72/-(Incl. GST) per occasion (applicable up to 3 cheques). For more than 3 cheques additional charges of Rs. 31/-(Incl. GST) per cheque. i.e for four cheques charges will be Rs.72/- for 1st 3cheques + Rs.31/- for 4th cheque. So total charges for cheques will be Rs.103/-.
12.	Additional/deletion of name	Rs. 103/-(Incl. GST) per case except in case of deletion of name of deceased depositor. And except in case of also addition/deletion of name in Society and Association Account.
13.	Attestation/verification of customer’s signature/issue of no dues certificate/certificate of maintenance of A/c with Bank/issue of balance certificate	Rs. 103/-(Incl. GST) for every Individual
14.	Changes in A/c operational instruction	Rs.103/-(Incl. GST) per case except in case of society and association account.
15.	Loss of Token	Rs. 206/- per token (separate token stock register will have to be maintained).
16.	Postage and telecommunication	Actual charges incurred.
17.	Tariff	Actual charges incurred.
18.	Closure of CD/SB Account within one year.	CD Account		308/-(Incl. GST)
	Closure of CD/SB Account within one year.	SB A/c both cheque and without cheque facility		103/-(Incl. GST)
	Closure of R/D within 3 months from the date of opening	RD A/c.		Rs. 103/- (Incl. GST)
	Closure of R/D within 3 months from the date of opening	In case of deceased.		No charge for closure in any A/c.
19.	Fall in minimum balance	For SB			Rs.103/- (Incl. of GST)
		For SOAPN Account			Rs. 308/- per occasion.
		For CD			Rs.308/-
20.	Minimum balance in SB A/c.	Rs. 750/- with cheque facility Rs. 500/- without cheque facility. (Exemption in case of in service staff account).
21.	Minimum balance in CD A/c.	Rs.3000/-
22.	Incidental charges in CD Account (half yearly).	Rs.154/-
23.	For Message charge from Bank’s Fax Machine relating to customers’ A/c.	Rs. 47/-
24.	Courier Charges relating to customers’ Account	Actual charges.
25.	Return of local clearing cheque for all reasons attributable to the drawer & dishonour of Debit/ Credit ECS	Rs. 206/-Per Instrument incl. GST. If returned more than three times within one month on same account additional charges of Rs. 206/- per instrument (charges will be recovered from the drawer
26.	Withdrawals in SB A/c both cheque and without cheque facility exceeding maximum stipulated as per Bank’s SB A/c. rules	NOT PERMITTED IN ANY SITUATION
27.	MICR cheque leaf charge for SB/CD/CC/OD Account	For SB Account Rs. 4/- per cheque leaf provided that one cheque books of 25 leaves each will be issued free in a financial year.For CD/CC/OD Account Rs. 3/- per cheque leaf provided that one cheque books of 25 leaves each will be issued free in a financial year.
28.	Non-MICR cheque leaf charges for SB/CC/OD Account	NIL
29.	Fund Transfer	NIL
30.	Standing Instruction	Rs.52/- for first SI. as one time fees and Rs.250/- for failed. In case of RD, no charges will be applicable. (Note: Rs. 10/- per customer per month from crediting/debiting as per list submitted by the Society/LICI/any such type of institution.)
31.	Sub-membership for clearing service rendered	Rs. 6.00 per instrument both for outward & inward clearing.
32.	Allowing account operation through Power of Attorney/Mandat	Rs.565/- for Individual and Rs.1130/- for Non-Individual.
33.	Charges for supply copies of documents (relating to old record)	3 months to 12 months old	Rs. 103/- per item
33.		Rs.206/- (INCL. OF GST) for 2yr and beyond that Rs.154/- (incl. GST) per year.
34.	Legal opinion charge in case of complicated claim on death/insolvency/insanity of depositor & other matter of banking operations requiring legal opinion as may be necessary by the Bank.	Actual charge incurred by the Bank to be realized from the applicant/claimant/depositor.
35.	For Cash Deposit / Withdrawn to / from Non-home Branches except loan repayment.	Upto Rs.25,000.00 nil. Above Rs.25,000.00 Rs.2 per thousand. Subject to minimum Rs.26/- Incl. GST and maximum Rs.257/- Incl. GST.
36.	Cash handling charges except Loan Disbursement or Repayment	NOT REQUIRED.
37.	SMS Alert charges per quarter	Rs.16/- (incl. GST).
38.	Charges towards CSGL A/c Holder	Charges towards Trading in Securities		Rs.590 /- (incl. GST)
38.	Charges towards CSGL A/c Holder	Regular Servicing		Rs.118 /- (incl. GST)

B: LOANS & ADVANCE RELATED SERVICES

Sl. No.	Type of Service	Revision of charges with effect from 1st June, 2017 (Including GST)
1	2	3
1.	Cheque/bill purchase	For local upto Rs.1000/-	Rs.30/-
		Above Rs.1000/- to Rs.2500/-	Rs.40-
		Above Rs.2500/- to Rs.5000/-	Rs.60
		Above Rs.5000/- to Rs.10000/-	Rs.375
		Above Rs.10000/-	Rs.5.50 p.t.
		Minimum-Rs.75 Maximum-Rs.7500
2.	Inspection charge for fresh/existing loans and advances except farm/farm allied/BSKP/Weavers Loan/Consortium Advance/Staff Loan/Demand Loan/MT ECCS	i) Upto Rs.2.00 lac		Nil
		ii) Above Rs.2.00 lac upto Rs.10.00 lac		Rs.575
		iii) Above Rs.10.00 lac upto Rs.25.00 lac		Rs.920
		iii) Above Rs.25.00 lac upto Rs.50.00 lac		Rs. 1725
		iv) Above Rs.50.00 lac upto Rs.1.00 crore		Rs.4025
		v) Above Rs. 1.00 crore		Rs.4600
		In case actual inspection charge is more than the above limits, the actual charges will be realized.
3.	Annual supervision charge/renewal charge for CC/CD/Term Loan except Farm/Farm Allied/BSKP/Weavers Loan/Consortium Advance/Staff Loan/Demand Loan/MT ECCS Loan	Upto Rs.50,000/-		Nil
		Above Rs.50000/- upto Rs.1.00 lac		Rs.230/-
		Above Rs.1.00 lac upto Rs.10.00 lac		aboveRs. 1 lac-Rs5 lac-Rs575 - above Rs5 lac toRs 10lac-Rs775
		Above Rs.10.00 lac upto Rs.50.00 lac		aboveRs. 10 lac-25 lac-Rs2070 above-Rs25 lac toRs 50lac-3450
		Above Rs.50.00 lac Rs.100.00 lac		Rs.4600
		Above Rs.100.00 lac Rs.500.00 lac		Rs.6900
		Above Rs.500.00 lac Rs.1000.00 lac		Rs.9200
		Above Rs.1000.00 lac Rs.2000.00 lac		Rs.10350
		Above Rs.2000.00 lac		Rs.11000
4.	Loan proposal processing fees except farm & farm allied/BSKP/Weavers/ECCS/Staff Loan/Demand Loan/other priority sector/agricultural sector/MT ECCS	Working capital limit upto Rs.25000/-		Nil
		Above Rs.25000/- upto Rs.2.00 lac		Rs.500/-
		Above Rs.2.00 lac		Rs. 350 per lac subject to maximum limit of 50000/-( this may be applicable for Term Loan also)
		This charge is applicable only if the rate of processing fee/exemption of processing is not mentioned on the sanctioned letter.
5.	Home loan processing fee	0.575% Minimum-Rs.1500 Maximum Rs. 10000
6.	Commitment charge	Above Rs10.00 crores and mentioned in LoS
7.	Operation charge for pledge go down	Rs.65/- for each block of 10 transactions (Beyond 50 transactions) or part thereof.
8.	Incidental charges in CC/OD account (half yearly)	Computer branch Rs.60/- per compute sheet or part thereof non-computer branch Rs.50/- per ledger folio or part thereof. Subject to free folio given below for CC/OD A/c.
		Average debit balance		No. of free folio
		i) Upto Rs.25000/-		Nil
		ii) Above Rs.25000/- upto Rs.50000/-		3
		iii) Above Rs.50000/- to Rs.1.00 lac		5
		iv) Above Rs.1.00 lac		Full Free
		40 entries in computerized branch will be treated as one folio.
9.	Issue of Bank Guarantee	Rs.115/- + 0.30% per quarter in case 100% margin Minmum for two Quarter in other cases 0.75%per plus Rs115.
10.	Letter of credit	At 0.30% and amendment Charge-Rs. 225 flat.
11.	Charges for equitable mortgage	upto-25000		Nil
		above25000-50000		Rs.100
		above 50000-200000		Rs.500
		above200000-50000		Rs.1000
		above 50000-2000000		Rs.1200
		above2000000-10000000		Rs.2500
		above Rs.10000000- Rs. 5000000		Rs.3000
		above 5 crores		Rs.10000
12.	Legal/expert consultancy opinion charge in case of preparing deeds/documents/agreements etc. for big project & other loan	Actual charges incurred by the Bank to be realized from the applicant/claimant/depositor.
13.	Personal Loan	1.15%
14.	Consumer Durable Loan	1.15%
15.	Non- Commercial Car Loan	1.15%
16.	CIBIL Charges	Consumer CIR		Rs.33
16.	CIBIL Charges	Commercial CIR in case of Company /Partnership/ Others.		Rs.700
17.	Documentation Charges	upto-25000		Nil
		above25000-50000		Rs.100
		above 50000-200000		Rs.500
		above200000-50000		Rs.1000
		above 50000-2000000		Rs.1200
		above2000000-10000000		Rs.2500
		above Rs.10000000- Rs. 5000000		Rs.3000
		above 5 crores		Rs.10000
18.	Bankers Solvancy certificate	Upto Rs.1.00 lac		Rs.750/-
		> Rs.1.00 lac upto Rs.10.00 lac		Rs.1500/-
		> Rs.10.00 lac to Rs.25.00 lac		Rs.2500/-
		> Rs.25.00 lac upto Rs.50.00 lac		Rs.5000/-
		> Rs.50.00 lac		Rs.10000/-
19.	No dues certificate	PrioritySector		Rs.10/- per certificate
19.	No dues certificate	NonPriority sector		Rs.15/- per certificate
20.	Loan against own Deposit NSC/ KVP/ LIP	No charge except Actual charge required for creating with post office and charges for assignment and reassignment

C. SERVICE CHARGE FOR AVAILING ATM FACILITY

Name of the items	Revised Service Charges for using ATM Card per annum (including GST)
Annual Fee from 2nd. Year ( Waived for the 1st. Year)	Rs. 118/-
Card Replacement Charge(With PIN)	Rs. 178/-
For Duplicate PIN	Rs. 60/-
Transaction charge for using bank’s own ATM	NIL
Transaction Charges for using other Bank’s own ATM (Beyond 5 transaction) [PIN Change is not a transaction)	Rs. 21/- (Financial) including GST. Rs. 11/-(Non-financial) including GST.

D. RTGS , NEFT AND NACH RELATED SERVICES

1(i)	NEFT(TransactionSlab)	Charges Revised	For Current Account Holder
	Upto Rs. 10,000/-	₹4/- ( INCL. OF GST)	NIL
	Above Rs. 10,000/- to Rs. 1,00,000/-	₹7/- ( INCL. OF GST)	NIL
	Above Rs. 1,00,000/- to below Rs. 2,00,000/-	₹18/- ( INCL. OF GST)	NIL
1(ii)	RTGS (TransactionSlab)
	Rs. 2,00,000/- to Rs. 5,00,000/-	₹30/- ( INCL. OF GST)	NIL
	Above Rs. 5,00,000/-	₹59/- ( INCL. OF GST)	NIL
	National Automated Clearing House (NACH) MandateCharges	₹62/- (Incl. GST)
	National Automated Clearing House (NACH) MandateCharges	₹293/- (Incl. GST)

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