SME & Corporates- Service charges for Fund- Based Products (CC, OD, TL) and Non-

Fund Based Products (BG and inland LC) {Effective from 12.10.2020}

S. No Services Charges
1. PROCESSING CHARGES

Loan Sanction Non-refundable Processing fees upto

2.00%
Renewal Upto 1.00% of sanction limit
Pre-payment/pre-closure charges Upto 2.00% on sanction limit for
working capital facility and upto 2.00%
on outstanding for term loan.
2. TRANSACTION CHARGES
NEFT/ RTGS charges Inward :- Free
Outward: -
NEFT and RTGS shall be as per extant
RBI guidelines
DD /Pay- order Charges  First 100 transactions per month
free
 DD issuance charge upto Rs
2000 – Rs 20
 DD issuance charge Rs 2001 to
Rs 10000 – Rs 50
 DD issuance charge Above Rs
10001 - Rs 2 per Rs 1000
S. No Services Charges
 Duplicate Issuance per
instrument – Rs 100
 Cancellation / Revalidation
charge per instrument – Rs 100
Cash Deposit (CC/OD) Free Cash Deposit upto Rs 2 cr. per
month. Thereafter, charges will be
applicable as – Rs 2.50/ 1000 ( Min. Rs
25)
Cash Withdrawal (CC/OD) Unlimited
Cheque Bounce  Cheque Return: Financial
Reason for Inward – Rs 300;
 Cheque Return: Financial
Reason for Outward – Rs 50
 Stop Payment per instrument-
Rs. 100
 Stop Payment per series – Rs 300
Cheque Leaves 500 Cheque Leaves Free. Thereafter Rs
2.00/ leaf.
SMS Alerts Free
Email Statement  Monthly statement- Free;
 Duplicate Monthly statement –
Rs 100;
 Annual consolidated statement
– Free
 Duplicate Annual Consolidated
statement – Rs 200.
3. INSPECTION CHARGES –
S. No Services Charges
i. Sanctioned limits above Rs 1000.00 per inspection
Rs.10.00 lakhs and upto
Rs.100.00 lakhs.
ii. Limits above Rs 100.00 Lac Rs 2500.00 per inspection
Inspection charges to be recovered in advance on quarterly basis.
4. Mortgage Charges (for all types of mortgage)
Sanctioned limits above Rs.10.00 Rs 1000.00 per Memorandum of
lakhs Entry/Mortgage Deed
In case Bank is the mortgage creating
lender with custodian of title deeds
for aggregate loan value upto Rs Rs 5,000.00 per Memorandum of
20.00 crore (In multiple and Entry/Mortgage Deed
consortium arrangements)
Extension of an existing mortgage
For securing the enhanced limits 50% of relevant slab of charges
sanctioned to the borrower
In favor of other lenders 50% of relevant slab of charges
The out of pocket expenses (such as stamp duty, legal charges etc.) to be borne
by the Borrower. The above mortgage charges specified is applicable per
MOE/Mortgage Deed irrespective of the number of title deeds.
5. Issuance of No dues certificate
Per certificate Rs. 500/-

6. Issuance of Solvency Certificate

Per certificate Upto Rs. 2,500/-
7. Documentation Charges
Documentation charges Rs 1000.00
S. No Services Charges
The above documentation charges are to be paid at the time of documentation
at each instance of fresh / enhancement sanction. Further, the above charges
are not applicable in case of consortium documentation and when revival
letters/AODs/Balance Confirmations/Link Documents are obtained
8. Allocation of Limits
Allocation of limit Nil
9. Bill Discounting
0.25% of the bill amount minimum of Rs.
500/- PLUS applicable Interest/discount
Handling Charges-Bill Handling Charges rate as stipulated in sanction note.
10. Bank Guarantees (BG)*
Performance Guarantee - Issuance Upto 2% p.a. (upto claim expiry period)
Minimum Rs. 1000/-
Financial Guarantee - Issuance Upto 2% p.a. (upto claim expiry period)
Minimum Rs. 1000/-
Amendment Charges a. Text amendment- Rs. 500 per
transaction
b. Tenor/value enhancement- In
line with the issuance charge for
additional tenor /incremental
value
Cancellation of BG ( at Applicant Rs 1000 /-
Request)
Issuance of Duplicate BG Rs 2000 /-
BG against 100% cash margin Applicable charges for BG as above
Claim Processing/Invocation Rs. 1000/-
Payment charges
SFMS (Wherever applicable) Rs. 300/-
S. No Services Charges
* Further, in case of all BGs, commission to be recovered on the basis of actual
month in which the validity of guarantee including claim period expires.
11. Inland Letters of Credit
Issuance/commitment Charges Upto 2.50% p.a. of the LC amount
(including bill handling/realization
charges)
a. Text amendment - Rs 1000/-
b. Tenor/ Value enhancement - In line
with the usance commitment
Amendment commission charge for additional
tenor/ incremental value

Commission to be charged on the

overdrawn amount for the usance
period from date of acceptance of the
Usance Bill drawn under LC - bill in line with the usance commitment
overdrawn value under LC commission charge
Cancellation of Inland LC (at
Applicant request): Rs. 1000/-
(i) Advising of LC (i) Rs.1000/-
(ii) LC amendment (ii) Rs. 1000/-
Transfer of LC Rs 1000/- per transfer
Courier Rs. 400/-
SFMS Rs. 100/-
Inland bills - Inward & outward
Negotiation charges Up to 0.30% p.a of the bill amount,
minimum Rs.1000.00 Plus applicable
S. No Services Charges
interest/discount rate as stipulated in
the sanction note.
Lodgment Charges - Inland Outward 0.25% of the bill value;
bills Minimum of Rs 1000.00

No charge if bill is discounted

Lodgment Charges - Inland Inward 0.25% of the bill value;
bills (Non –LC) Minimum of Rs 1000.00
Acceptance Charges: Rs. 1500/- per bill
Bill Acceptance Charges
Outward Bill Realisation charges Rs 500/-
Discrepancy fee per bill Rs 1500/-
(for Inland Inward Bills only)
Dishonored bills / document return Rs. 1000/-
charges
SFMS Rs. 300/-
Courier Rs. 250/-
12. PENAL Charges
a) Delay in submission of monitoring For Fund based Sanction limits below
documents (wherever applicable) Rs. 5.00 crore
including but not limited to  Rs 5,000/ per item per month for
 Stock statements delayed period

 Financial Follow-up Reports

 Audited Financials For Fund based Sanction limits of Rs.

 Insurance Policies 5.00 crore and above:

 Bank statements of other  Rs 10,000/ per item per month

lenders for delayed period

S. No Services Charges
b) Non-compliance with other
sanctioned covenants
c) Non-payment of interest / 2% per annum on the amount of
instalment on due date or non- overdue instalment/ interest/
realization of the bills on the date of charges/ unrealized bills
payment or drawings over limit/DP. purchased/discounted/ drawings
over limit/DP.
LCs devolved – Advance Bills under Contracted rate on CC/OD plus 2% per
ILC paid annum if the LC/BG facility is
sanctioned as a part of working capital
Invoked Bank Guarantees – BG along with Cash Credit facility, on the
crystallized unadjusted outstanding.
Signature verification of Acceptance Rs. 500/-
under the LC (if received in physical
form)

Non-creation of Security For Sanction limits below Rs. 5.00

crore
Up to Rs 5000/- per month for delayed
period
For Sanction limits of Rs. 5.00 crore
and above:
Rs 10000/ per month for delayed
period
 S. No Services Charges
Expiry of working capital limits 2% per annum on the outstanding
amount of Fund-Based credit facilities
for the expiry period.
13. CERSAI Charges
Rs. 200 inclusive plus applicable GST of
all charges including CERSAI
registration/ search/ satisfaction.
However if no. of collaterals are more,
units may recover as per actuals.
14. Legal / Technical & Valuation
As per actuals
15. Stock Audit Charge
As per actuals

Note: -
All the above charges will attract applicable Taxes, which will also have to be collected
from the Borrower.