servicecharges · 13. indo-nepal neft remittance charges (i) for beneficiaries maintaining...

Revision of Service Charge (2018-19)

Service Charges

With effect from: 01.04.2019

Allahabad BankDevelopment Department

Head Office2 N S Road, Kolkata-700001

Revision of Service Charge (2018-19)

Section ‘A’

DEPOSIT ACCOUNTS&

OTHER MISCELLANEOUS ISSUES

Revision of Service Charges (2018-19)

SECTION ‘A’

SERVICE CHARGES (EXCLUSIVE OF TAXES)FOR DEPOSIT ACCOUNTS & OTHER MISCELLANEOUS ISSUES

1. (A) ISSUANCE OF IOI

Amount Slab Revised Rates

Up to Rs. 10,000 Rs.45

Above Rs.10,000 Rs. 4.00 per Rs.1,000 or part thereof,

Minimum Rs. 50, Maximum Rs. 20000

Note:i. In case of IOI for below Rs.50000/- issued against cash, additional 50% charges will

be levied. No IOI should be issued for Rs.50000/- & above against cash but throughaccount only. Same day cash deposit and transfer of amount for IOI shall be treated cashdeposit entry, additional 50% charges will be levied.

ii. Postage/out of pocket expenses will be levied extra as the case may be.

1. (B) DUPLICATION/ REVALIDATION/CANCELLATION DD/BC/IOI

Name of Items Revised Rates

Issuance of Duplicate /Revalidation/Cancellation of DD/BC/IOI

i. Upto Rs.500:10% of the Amount (Rounded up to nearestRupees) Min. Rs.25/- per Instrument,

ii. Above Rs.500/-: 10% of the Amount(Rounded up to nearest Rupees) Min. Rs.100per Instrument,Max. Rs.500

2. COLLECTION OF OUTSTATION CHEQUES

Value All customers (Rs.) (Revised Rates)

(per instrument)Up to Rs.5,000 30

Above Rs.5,000 and up to Rs.10,000 60

Above Rs.10,001 and up to Rs.1 Lac 120

Above Rs. 1 lac 250

Note:1. The above charges will be all exclusive. No additional charges such as Courier Charges, outof pocket expenses (plus taxes) should be levied from the customer.

2. For outstation cheques collected through another bank: Commission on 50:50 basis, i.e.remitting bank to charge 50% & collecting bank to charge 50% of the applicable rate.


3. COLLECTION OF BILLS

Name of the Items Revised Rates

Up to Rs. 10,000 Rs.100 per Instrument

Above Rs.10,000 Rs.13 per Rs.1000 or part thereof, MaximumRs.26000

Note: Actual Postage/out of pocket expenses (plus taxes) will be levied extra.

4. HANDLING CHARGES FOR CHEQUES / BILLS RETURNED UNPAID

Name of Items Revised RatesLocal Cheques/Bills Upto Rs.10 lakh: Rs.200

Above Rs.10 lakh upto Rs.1 crore: Rs.500Above Rs.1 crore: Rs.1000/-Cheque returns due to technical reasons, not atthe fault of the customer: No Charges to becollected

Outstation Cheques/Bills 50% of collection Charges minimum Rs.200

Note: The above charges are to be realized under intimation to the party. Postagewill be realized extra.

5. CLOSURE OF ACCOUNTS

Types of Account Revised Rates

Savings Bank A/c W ith Cheque Book / WithoutCheque Book

Up to 14 days - NILAfter 14 days to 1 year :

With Cheque Book – Rs.500 Without Cheque Book – Rs.250

Current A/c Rs.700

Account transferred from one branch to another

Nil

Opening of another A/c in joint namesDeath of A/c holder (manually debited)Pensioner without cheque book

Note: At the time of closure of accounts within one year of the opening, if the balance available is

insufficient to cover up the above charges, the available balance in the account will beforfeited and no extra amount to be claimed.

Postage/ Courier and out of pocket expenses (plus taxes) to be realized on actual basis overand above the Service Charges.


6. (a) MINIMUM BALANCE CRITERIAFOR SAVINGS BANK ACCOUNT

Name of the Items Revised RatesW ith Cheque Book for general Rs.1,000 for Rural/SU

Rs.2,500 for Metro/UrbanW ith Cheque Book for pensioners Nil

W ithout Cheque Book for general Rs.500 for Rural/SURs.1,000 for Metro/Urban

W ithout Cheque Book for pensioners. Nil

(b) MINIMUM BALANCE CRITERIAFOR CURRENT ACCOUNT

Name of the items Revised RatesRural Others centers

Individual Rs.2,500 Rs.5,000Others Rs.5,000 Rs.10,000

7. PENAL CHARGES FOR FALL IN MINIMUM BALANCE

Name of Items Revised Rates (On QAB basis)Savings Bank / AllBank Saral SavingsAccount ( Basic Saving Bank A/c)converted to regular SB A/c withCheque Book

%age of shortfall x Rs.90 - R/SU

%age of shortfall x Rs.125 - Other centres

Savings Bank / AllBank Saral SavingsAccount ( Basic Saving Bank A/c)converted to regular SB A/c withoutCheque Book

%age of shortfall x Rs.40 - R/SU

%age of shortfall x Rs.80 Other centres

AllBank Saral Savings Account ( BasicSaving Bank A/c)

NilPensioners: SB with Cheque Book SB without cheque book

Current A/c : Individual Rs.350 per quarter –R/SU

Rs.500 Per quarter- other centers

Current A/c : Other Rs.400 per quarter –R/SURs.600 Per quarter- other centers

Note:1. The above penal charges are to be realized under intimation to the party.2. The above charges would be levied on Quarterly Average Balance (QAB).


8. CHEQUE BOOK CHARGES FOR SB/CURRENT/CC/OD ACCOUNTS (For all types like CTS)Name of the Items Revised Rates

Savings Bank A/c, Current, CC, ODA/c

SB- 20 cheque leaf free in a financial year.21st leaf to 60th leaf: Rs.4 per leaf beyond60 leaf in a year @Rs.7/- per leaf.CA/CC/OD: Rs.5 per leaf

SB A/c for 20 leaves per calendar year FreePost Dated Cheque (PDC): For ourBank

Nil

Post Dated Cheque (PDC): Forrepayment of loans to other banks/ FIs Rs.10 per cheque leaf

No GST shall be levied for issuing cheque book to account holders in terms of GOI MOFnotification no. 2/2017-Integrated Tax (Rate) dated 28 June 2017.

9(A) LOCKER REGISTRATION CHARGES:

Locker Size Registration Charges

Small Rs.300/-

Medium /Large Rs.700/-

Extra large Rs.1000/-

(50% charge for staff)

Note : Locker registration charge is one time service charge and it is applicable at the timeof allotment of locker

9(B) LOCKER RENT:

Type

InnerVolume

(Cu.Inches)

ClassificationRevised Rates

Metro/UrbanBranch

Semi Urban/Rural Branch

A* 539 Small 1500 1250B 859 Medium 2000 1600C* 1186 Medium 2400 2000D 1337 Medium 3200 2700HI 1828 Large 1 5000 4000E 1878 Large 1 5000 4000F* 2786 Large 2 6000 5000G 2844 Large 2 6000 5000H 3987 V.L 10000 8000L 6297 E.L 12000 10000

Note: The locker rents are to be realized in the 1st Quarter of the financial year i.e. within

30th June. Any default or not maintaining the requisite balance in the A/c will attractpenalty charges (No penalty charges for Staff)


9(C) PENAL CHARGES FOR LOCKER RENT IN DEFAULTSize of Locker Revised Rates

Small & Medium Rs.70 per Quarter or part thereofLarge Rs.100 per Quarter or part thereofVL & EL Rs.160 per Quarter or part thereof

Locker visit charges 15 visit free and thereafter RS.100 per visit.

Loss of keys Locker rent of one year + actual cost ofrepairing

Any addition /deletion of name andmodification

Rs.150 per change

10. SAFE CUSTODY CHARGES


Scrips Rs.130 per Scrip per year or part thereof,

Min: Rs.300 p.a.Sealed Cover Rs.600 per cover per year.Sealed Boxes- 200 cu. Cm. Rs.10500 per Box per yearBank’s own Deposit Receipt Nil

Note: Boxes above 200 cu. cm. type not to be accepted

11. ISSUANCE OF SOLVENCY CERTIFICATES


Up to Rs.10 lacs Rs.5000Above Rs.10 lacs & Up to Rs.25 lacs Rs.11000

Above Rs.25 lacs & Rs.1 crore & above Rs.27000

12. NATIONAL ELECTRONIC FUND TRANSFER (NEFT)

SlNo.

Description (Range) oftransaction in Rs.

Service Charge in Rs. (Excl GST)

Transaction done atBranch

Transactions throughInternet Banking/ MobileBanking

1. Upto 1000/- Rs.2.50 Nil

2. From 1001/- to 10000/- Rs.2.50 Rs.2.00

3. From 10001/- to 100000/- Rs.5.00 Rs.4.00

4. From 100001/- to 200000/- Rs.15.00 Rs.12.00

5. Above 200000/- Rs.25.00 Rs.22.00


Name of the ItemsRevised Rates

(Only for Corporate Bodies/ Institutions)Debit Clearing Rs.4 per transaction + NPCI or Destination

Bank Charges if any, Minimum Rs.2500Individual customers & OthersReturning Charges on account ofinsufficient funds

SB account: Rs.200 per transaction CA & Borrowal Account: Rs.500/‐ per transaction

Income Tax Refund Orders Nil

13. INDO-NEPAL NEFT REMITTANCE CHARGES

(I) For beneficiaries maintaining accounts with Nepal State Bank Ltd. (NSBL):For remittance from a bank account in India to a bank account with any branch of Nepal StateBank Ltd., there shall be no charge i.e. the remittance is free of charge

(II) For beneficiaries not maintaining account with Nepal State Bank Ltd. (NSBL):If the beneficiary is not maintaining any account with NSBL and the funds are distributedthrough the channel of the Agents of NSBL:

(i) All remittances (cash remittances/disbursements) up to INR 5,000, a flat charge of INR 51exclusive of Taxes for every remittance.

(ii) Remittances (cash remittances/disbursements) above INR 5000 and up to INR 50,000, a flatcharge of INR 77 exclusive of Taxes.These charges will be passed on to NSBL who in turn will share the same with the affiliatedMoney Transfer agencies.The entire amount of charges collected from the remitter would be remitted to Nepal and wouldform a part of the message format. Thus, remitting banks in India originatingremittances under the scheme would transfer funds free of charge.

14. REMITTANCE THROUGH ‘REAL TIME GROSS SETTLEMENT’(RTGS)

RevisedFrom 8.00 AM to 3.30 P.M

RevisedAfter 3.30 P.M till 16.30 P.M

All Inward remittances NIL NIL

Outward remittances:Rs.2 to Rs.5 lacs Rs.25.00 Rs.30.00

Rs.5 lacs & above Rs.50.00 Rs.55.00

15.1 NACH CHARGES FOR CREDIT CLEARING

Number of EntriesRevised Rates

(Only for Corporate Bodies/ Institutions)

Up to 10,000 entries per occasion Rs. 5 per entry + NPCI or Destination BankCharges if any

Above 10,000 up to 1 lac entriesper occasion

Rs. 4 per record + NPCI or Destination Bank

Charges if any. (Subject to a m inimum of Rs. 50000)

Above 1 lac entries per occasion Rs.3 per record + NPCI or Destination BankCharges if any. (Subject to a minimum of Rs.300000)

15.2 NACH CHARGES FOR DEBIT CLEARING

One time mandate registration fees of Rs.50/- + GST

16. INTERNATIONAL DEBIT-Cum-ATM CARD SERVICE

Name of Item RevisedVISA/ MaestroInternationalClassicRates in Rs.

RevisedVISA/ MasterInternational Card(Gold)Rates in Rs.

RevisedVISA/ MasterInternational Card(Platinum)Rates in Rs.

Membership Fee NIL NIL Rs. 300.00 (Upfront)

Annual fee Rs. 100.00(1st year waived)

Rs. 200.00Year Waived)

Rs. 300.00(1st Year Waived)

Renewal charges Rs. 100.00 Rs. 200.00 Rs. 300.00

Card ReplacementCharges

Rs. 100.00

(Upfront)

Rs. 200.00

(Upfront)

Rs. 300.00

(Upfront)

Duplicate PIN

Rs. 25.00(Upfront)

(Generation of GreenPIN through InternetBanking is free ofcost)

Rs. 25.00(Upfront)

(Generation ofGreen PIN throughInternet Banking isfree of cost)

Rs. 25.00(Upfront)

(Generation of GreenPIN through InternetBanking is free ofcost)

Transaction Charges forusing Bank’s Own ATM NIL NIL NIL

Transaction charges forusing other Bank’s ATM(Beyond 5 Transaction)

Financial: Rs.15.00

Non financial: Rs.5.00

Financial: Rs.15.00

Non financial:

Rs.5.00

Financial: Rs.15.00

Non financial: Rs.5.00

Transaction Charge(abroad)

For Cash Withdrawal:

Rs.150.00 pertransactionFor Balance Enquiry:

Rs.15.00 pertransaction

For CashWithdrawal:Rs.140.00 pertransaction

For BalanceEnquiry:Rs.34.00

For CashWithdrawal:Rs.140.00 pertransaction

For BalanceEnquiry: Rs.34.00

Point of Sale Charges(PoS) NIL NIL NIL

Using Card at PetrolPumps

2.50% or minRs.10.00

2.50% or min

Rs.10.002.50% or minRs.10.00

Using Cards for RailwayTicket

2.50% or minRs.10.00

2.50% or min

Rs.10.002.50% or minRs.10.00


17. OTHER ITEMS:

Sl.No.


1. Issuance of Duplicate PassBook/Statement for SB a/c

Rs.100 Latest entry (Single balance entry at the time ofissue of duplicate pass book)

Rs.100 for previous Entry/ 40 Entries (per page)2. Ledger Folio Charges for CT A/c,

CC A/c & OD A/c Rs.100 per 40 entries per quarter

3. Issuance of additional Statementof Accounts for CT A/c, CC A/c &OD A/c

Rs.125 per page of 40 entries

4. Issuance of Call Deposit Receipts Nil5. Standing Instructions (SI) One time registration charge Rs.50/- per case thereafter

Rs.50 per transaction – other BranchNote: If the standing instructions could not be carried out forinsufficient balance in the account the charge of Rs.50 is tobe levied.Free of charge:-i) Crediting / Remitting interest in Term Deposits.ii) Crediting/remitting Recurring Deposit installments.iii)Crediting/ remitting installment in Loan a/c.

6. Stop payment instructions Rs. 100 for SB per instrumentRs. 200 for other per InstrumentMax. Rs.500 (for both)

7. Issuing certificates pertaining tosecurities/ list of securities lodged

Rs. 150 per certificate or list

8. Issue of No-dues certificate/balanceconfirmation

Rs. 100 per CertificateNil (if within the Service Area)

9. Attestation of customer’s signatureon share transfer form/LICPolicy/UTI certificates etc.

Rs. 150 per certificate or list

10. Photo Attestation Rs. 150 per certificate11. Handling/Incidental Charges for

In-operative/ Dormant SB A/cNil

12. Handling/Incidental Charges forIn-operative/ Dormant Current A/c(If balance is below Rs.50,000)

Rs.150 per quarter

13. Collection of Deposit receipts onmaturity from Other Bank

Nil charges for putting as FDR in our Bank Others- As applicable to remittance charges as per DD/

BC/ IOI

14. Loss of Token Rs. 150 per token

15. Enquiry relating to old record

Enquiries up to six months: Free of cost Enquiry above 6 months upto 12 months old: Rs.150 Enquiry above 1 year up to 3 yrs: Rs.200 Above 3 yrs but up to 5 years: Rs.400 Above 5 yrs: Rs.700



Sl.No.


16.Penalty charges for depositingdelayed installments in R/Daccount

Rs.2 per Rs.100 per month

17

Selling of Prospectus &Application Forms for EducationalInstitutions / Housing Boards /Other Organizations

To be negotiated with the correspondingInstitution/ Board/other at the Zonal OfficeLevel on case to case basis

18.

SMS Alerts’ charges for thethreshold limit in case of debit inaccount is Rs.2000.00(Accounts of pensioners, Staff,Ex- Staff & Senior Citizen areexempted

Rs. 15 per quarter per account

19.Issuance of Interest Certificateboth deposit and loan and TDScertificate

Interest / TDS certificateOriginal : FreeDuplicate : Rs. 100 per certificate

20. Issue Certificate related topassport Rs.100 per certificate

21. Nomination Charge 1st option at the time of opening of account: FreeChange in nomination : Rs.100 per occasion.

22. Change in authorized signatory,change in Reconstitution

Change in authorized signatory Rs.300 per occasionChange in Reconstitution Rs.200 per occasion

23. Allowing operations throughpower of attorney

Rs.500 for non individualsRs.300 for others

24

ATM Card/KIT returned bycourier due to wrong addressand resend by branch throughregistered post.

Rs.100

25 Duplicate fixed deposit certificate Rs.150 per certificate.

Note: Postage & Telegraph and other out of pocket expenses to be realized on actual basis over and

above the Service Charges.


18. SERVICE CHARGES OF ‘ANYWHERE BANKING FACILITY’

Parameter Slab Revised Rates

Transfer of funds (to be debitedfrom drawee’s account)

Up to Rs.1 lac

NILAbove Rs.1 lac up to Rs.2 lac

Above Rs.2 lacClearing Any amount NIL

Speed ClearingUp to Rs.1 lac Normal charges as def ined. No

additional charges under‘Anywhere Banking’Above Rs.1 lac

ECS Return for insufficient fund SB Accounts Normal charges as def ined. Noadditional charges under‘Anywhere Banking’Other Accounts

Issue of DD / NEFT / RTGS All customers Normal charges as def ined. Noadditional charges under‘Anywhere Banking’

Statement charges All customers NILUpdating of Passbook All customers NIL

Stop Payment Instructions SB Accounts Normal charges as defined. Noadditional charges under‘Anywhere Banking’

Other AccountsNormal charges as defined. Noadditional charges under‘Anywhere Banking’

Staff Accounts ====No charges under ‘AnywhereBanking’

19. Allahabad Bank RuPay ATM cum Debit Card

Name of Item

Allahabad Bank RuPayATM cum debit CardDomesticRates in Rs.

Allahabad Bank RuPay(Platinum) ATM cum debitCard (International)Rates in Rs.

Membership Fee NIL Rs. 200.00(Upfront)

Annual fee Rs. 100.00 (1st year waived) Rs. 200.00(From the second Year)

Renewal charges Rs. 100.00 Rs. 200.00

Card Replacement Charges Rs. 100.00 Rs. 200.00

Duplicate PIN

Rs. 25.00(Upfront)(Generation of Green PINthrough Internet Banking isfree of cost)

Rs. 25.00(Upfront)(Generation of Green PINthrough Internet Banking isfree of cost)


Name of ItemAllahabad Bank RuPayATM cum debit CardDomestic Rates in Rs.

Allahabad Bank RuPay(Platinum) ATM cum debitCard (International) Ratesin Rs.

Transaction Charges for usingBank’s Own ATM NIL NIL

Transaction charges for using otherBank’s ATM(Beyond 5 Transaction)

Financial: Rs. 15.00

Non financial: Rs. 5.00

Financial: Rs. 15.00

Non financial: Rs. 5.00

Transaction Charge (abroad) Not Applicable, since it is adomestic card

For Cash Withdrawal:Rs.150.00 per transactionFor Balance Enquiry:Rs.15.00 per transaction

Point of Sale Charges (PoS) NIL NILUsing Card at Petrol Pumps 2.50% or min Rs.10.43 2.50% or min Rs.10.43Using Cards for Railway Ticket 2.50% or min Rs.10.43 2.50% or min Rs.10.43

20. Remittances through IMPSSl.No.

Description (Range) oftransaction in Rs.

Service Charge in Rs. (Excl GST)Transaction done atBranch

Transactions through InternetBanking/ Mobile Banking

1. Upto 1000/- Nil Nil2. From 1001/- to 10000/- Rs.2.50 Rs.2.003. From 10001/- to 25000/- Rs.5.00 Rs.4.004. From 25000/- to 100000/- Rs.5.00 Rs.5.005. From 100001/- to 200000/- Rs.15.00 Rs.12.00

21. UPI/BHIM/USSD Services: Nil22. BHIM Aadhaar Pay- charges on MDR

Sl. No. Transaction Range in Rs. MDR in % of transaction1. Up to 2000/- Nil2. Above 2000/- 0.25%

23. CASH HANDLING CHARGES

Sl.No Name of items Rates1 Cash Deposit Charges Savings Bank:

3 deposit transaction per month- free-After 3 transaction Rs.2/- per thousand (Minimum Rs.25/-Maximum Rs.20000/-)Note : Excluding Staff A/c., Sr. Citizen A/c., Pensioners A/cCurrent :MAB : Up to 1 laci) Upto Rs.100000/- per day:- Freeii) Beyond Rs.100000/- per day: Rs.2/- per Rs.1000/-Minimum Rs.100/- Maximum Rs.20000/-MAB : Above Rs.1 laci) Upto Rs.200000/- per day: Free

ii) Beyond Rs.200000/- per day:Rs.2/- per Rs.1000/-Minimum Rs.200/- Maximum Rs.20000/-Note : Rates are applicable for both home and non home branch

2 Cash WithdrawalCharges

Savings Bank:3 transaction per month- free-After 3 transaction Rs.2/- per thousand (Minimum Rs.25/-Maximum Rs.20000/-)Note : Excluding Staff A/c., Sr. Citizen A/c., Pensioners A/cCurrent:5 withdrawal transaction free in a monthAfter 5 transactionUp to Rs. 50000: Rs.2 per 1000 fixed to be realised from thebeneficiary account.Min:Rs.25 Max: Rs.20000Above Rs.50000: Rs.3 per 1000/- on the whole amount to berealised from the beneficiary’s account.Minimum: Rs.150/- and Max:20000/-Note : Rates are applicable for both home and non home branch.Cash withdrawal at non home branch is restricted maximum up toRs.50000/-per cheque



Section ‘B’

CREDIT RELATED ISSUES


SECTION ‘B’

SERVICE CHARGES (EXCLUSIVE OF TAXES) ON CREDIT RELATED ISSUES

B.1. RETAIL CREDIT

PROCESSING FEES & PREPAYMENT FEES FOR RETAIL CREDIT PRODUCTS :

SlNo Scheme

RevisedProcessing

Charges

RevisedPrepayment

PenaltyDocumentation

ChargesMortgageCharges

Inspection &Supervision

Charges

1 All Bank Rent Up to Rs.25 lacs :1.06%,Min Rs.2670Abov Rs.25 lacs toRs.150 lacs:0.60%,

Min.Rs.28000Above Rs.150 lacs:0.27%, MinimumRs.80100

1.98% ofOutstandingBalance only incase of takeover

Applicable asper chargesprescribedunder ParaB. 3.4

Applicable asper chargesprescribedunder Para B.

3.4

Applicable asper chargesprescribedunder ParaB.3.5

2 All Bank Property

3 All Bank Trade

Rs.200- per lac,Minim umRs.1780

MaximumRs.40000





4

AllBankCommercialVehicle Finance

0.36% of loanamountMinimum Rs.1780




NIL

5Car Loan

0.50% of Loanamount, MaximumRs.8696(Allahabad BankEmployees- NIL)


Nil NA NIL

6 All Bank Mobike Rs.5343.00% ofOutstandingBalance only incase of takeover

Nil NA NIL

7 Housing Finance

AllBank Ashiana(i) For loanamount up toRs.100 lacs –0.40%of the loanamount , max :Rs.15000(ii) For loanamount above

Nil Nil NA NIL

SlNo Scheme

RevisedProcessing

Charges

RevisedPrepayment




ChargesRs.100 lacs -0.24% of the loanamount max:Rs.50000# The same shallnot be charged forAllahabad Bankemployees

8Housing loan toLIC Employees /Officers / Agents

(i) For loanamount up toRs.100 lacs –0.40% of the loanamount , m ax :Rs.15000(ii) For loanamount aboveRs.100 lacs -0.24% of the loanamount max:Rs.50000

Nil Nil NA NIL

9Housing FinanceScheme forNRI/PIO

(i) For loanamount up toRs.100 lacs –0.40%of the loanamount , max:Rs.15000(ii) For loanamount aboveRs.100 lacs -0.24% of the loanamount max:Rs.50000

Nil Nil NA Nil

10Prem ium HousingFinance Schemefor HNIs

(i) For loanamount up toRs.100 lacs –0.40%of the loanamount , max :Rs.15000(ii) For loanamount aboveRs.100 lacs -0.24% of the loanamount max:Rs.50000


Nil NA NIL

11 House Furnishing/ Repairing Loan

0.53% of loanamount, MinRs.223 (AllahabadBank employees-Nil)


Nil NA NIL


SlNo Scheme

RevisedProcessing

Charges

RevisedPrepayment




Charges

12

Short term loan forapplication money(financed by localhousing board/authorities f orallotment ofresidential plot/flat/houses)

Rs.223 Nil Nil NA NIL

13 AllBank SaralLoan Scheme

1.06% of loanamount; Min-Rs.1068


Nil NA Nil

14 SARAL-21.06% of loanamount; Min-Rs.1068


Nil NA Nil

15

Personal Loan(Doctors &MedicalPractitioners)



Nil NA Nil

16 Personal Loan(Pensioners) Nil


Nil NA Nil

17

Personal Loan toLICemployees/Officers/Agents



Nil NA Nil

18OverdraftScheme f or LICOfficers



Nil NA Nil

19 Loan againstNSC/KVP

0.53% of loanamount, MinimumRs.223(AllahabadBank employees-Nil)


Nil NA NIL

20 Education LoanScheme

For studies inIndia.For Loan amountup to Rs. 10 lacs-NilAbove Rs.10 lacs-0.15%,Max:Rs.3000For studies abroadFor loan amountupto Rs.20 lacs- NilAbove Rs.20 lacs-0.10%Max- Rs.5000

NILNIL Actual

expenses ifany be borneby thestudent/parent orguardian.

NIL


SlNo Scheme

RevisedProcessing

Charges

RevisedPrepayment




Charges

21 OD in SB A/c Nil

Nil NIL NA NIL

22 G yan Deepika

23 Gold Loan

0.40% of loanamount

24Reverse MortgageScheme

1.06% times of onemonth's annuity,Maximum-Rs.10680


Nil NA NIL

25 AllBank IPO/ FPOFinance Scheme

Salary tie-upcases- Nil Others-Rs.534

Nil Nil NA NIL

26 AllBank FleetFinance Scheme

1.06% of thesanctioned amount

Term loan-Maxim um 1.06%on the prepaidamount for theresidual period



NIL

• Processing fee will not be payable in case of loan to Allahabad Bank Employees ( Serving & Retired)under Housing Loan, House Furnishing Loan, Car Loan, AllBank Mobike Loan, PersonalLoan(Pensioners), Reverse Mortgage Scheme, AllBank IPO/ FPO Finance Scheme & Loan againstNSC/KVP.

• Prepayment Penalty, wherever prescribed will be charged only in case of takeover of loan by otherBank / FI.

• Inspection & Supervision Charges will be applicable only in case of AllBank Rent, AllBank Property &AllBank Trade.

• Documentation & Mortgage charges are payable only in case of AllBank Rent, AllBank Property ,AllBank Trade & Commercial Vehicle Finance Scheme.

• In Retail schemes where mortgage charges are not applicable (NA), actual charges f or creation ofmortgage i.e. fees payable f or NEC, registration with Central Registry, cost of stamp, Fees payablefor registration of mortgage etc will be borne by the borrower/(s).

• In case of annual review / renewal of term loan under above Retail Schemes at existing level(wherever applicable) no charges will be realized.

• In case of annual review / renewal of Overdraft Limit under AllBank Property, AllBank Trade,Commercial Vehicle Finance & AllBank Fleet Finance Scheme processing charges will beapplicable as per Sl. No.2, 3, 4 & 26 respectively.


SECTION ‘B’


B.2. AGRICULTURAL CREDIT

B.2.1. SERVICE CHARGES FOR AGRICULTURE CREDIT

PROCESSING FEES / UP FRONT FEES FOR SANCTION/RENEWAL OF ADV ANCES

Credit limits Revised Rates

Upto Rs.3 lac Nil

Above Rs.3 lacKCC – NIL

OTHERS - Rs.227 per lacs or part thereofRestructuring of Debt NilAd-hoc Sanction & Short Term Loan

Above Rs.20,000 and up to Rs.50,000 Rs.1001Above Rs.50,000 and up to Rs.25 lacs 0.24% of the Ad-hoc/Short Term Loan, Minimum

Rs.1001

Above Rs.25 lacs and upto Rs.5 crore 0.24% of the Ad-hoc/Short Term Loan, Min.Rs.20003

Above Rs.5 crores 0.24% of the Ad-hoc/Short Term Loan

Note: Upfront/Proc. Fees for renewal/review of term loan under Agrl. - NIL

B.2.2. CHARGES FOR CREATION OF MORTGAGE & DOCUMENTATION CHARGES

Credit limits (F & NF) Mortgage Charges Documentation ChargesRevised Rates

Up to Rs.2 lacs

NIL

NIL

Above Rs.2 lacs but up to Rs.5 lacs KCC – NIL

OTHERS - Rs.1001Above Rs.5 lacs but upto Rs.10 lacs KCC – NIL

OTHERS - Rs.2003

Above Rs.10 lacs but upto Rs.25lacs

KCC – NILOTHERS - Rs.3003

Above Rs.25 lacs but upto Rs.1crore

KCC – NIL

OTHERS - Rs.5002

Above Rs.1 crore Rs.10000KCC – NILOTHERS - Rs.9977


B.2.3. INSPECTION AND SUPERVISION CHARGES

Credit Limits Revised RatesUpto Rs.50,000 NIL

Above Rs.50,000 upto Rs. 3 lacKCC – NILOTHERS - Rs.503 p.a.

Above Rs. 3 lacKCC – NILOTHERS - Rs.503 per lacs

p.a. (Maximum Rs.12002)

B.2.4. Any other charges under Agricultural not defined herein above must be levied as percharges under other advances.

NOTE: For concessions under PSC please refer Section E 1.C




B.3. OTHER ADV ANCES EXCLUDING AGRICULTURE & RETAIL CREDIT

B.3.1. PROCESSING FEES FOR SANCTION/RENEWAL OF ADV ANCES (BOTH FUNDED & NONFUNDED) [OTHER THAN AGRICULTURE & RETAIL CREDIT]

Name of the Items (Revised slab) Revised Rates

Proposals up to Rs.25,000 Nil

Proposals above Rs.25,000 up to Rs.50 lacs Rs.267 per lac or part thereof min. Rs.267(Nil for MSEs with aggregate limits upto Rs.5 lacs in terms of BCSBI-MSE Code)

Proposals above Rs.50 lacs Rs.356 per lac or part thereof; MaxRs.8899964

Restructuring of Debt 75% of the usual charges

Adhoc Sanction & Short Term Loan

Above Rs.20,000 and upto Rs.50,000 Rs.890(Nil for MSEs with aggregate limits upto Rs.5 lacs in terms of BCSBI-MSE Code)

Above Rs.50,000 and upto Rs.25 lacs 0.61% of the Ad-hoc / Short Term Loan,Min. Rs.1335(Nil for MSEs with aggregate limits upto Rs.5 lacs in terms of BCSBI-MSE Code)

Above Rs.25 lacs and upto Rs.5 crore 0.61% of the Ad-hoc/Short Term Loan,

Mini. Rs.22250

Above Rs.5 crores 0.61% of the Ad-hoc/Short Term Loan

B.3.2. LEAD BANK CHARGES:

Charges for leadership in the Consortium Accounts, inclusive of the accounts, where the Bankis the leader in f inancing Term Loan

Name of the Items Revised RatesCharges for Leadership in theconsortium Account

a. 0.31% p.a. of the aggregate funded & non fundedlimits from the banking system, negotiable but notbelow 0.20%.

b. In case of sick units/ units under restructuring,0.13% of the aggregate funded limit fromthe banking system both working capital andterm loan will be realized.


B.3.3. UPFRONT/PROCESSING FEES FOR TERM LOANS(OTHER THAN AGRICULTURE AND RETAIL CREDIT)

Name of the Items Revised RatesFresh Term Loan sanctionedexcluding loans sanctioned underRetail Credit (As Upfront)

Up to Rs.1 lac: :NilAbove Rs. 1 lac up to Rs.5 Lacs : Rs.2670 (lumpsum) (Nil for MSEs with aggregate limits upto Rs 5lacs in terms of BCSBI-MSE Code)Above Rs.5 Lacs: 1.07%

Standby credit assistance towardsredemption of CP issued/to be issuedby the borrower (to be charged on pro-rata for a Min. period of 3 months)

1.07% per annum basis

Review/ Renewal of Term Loan(As Processing Fees)

Up to Rs.1 lac: NilAbove Rs.1 lac Up to Rs.5 lacs: Rs.890 (lump sum)Above Rs.5 lacs: Rs.134 per lac; Min- Rs.1335;Max- Rs.355998( MSE/Other PSC – NIL )

Procedure for realization of Processing Charges/Upfront Fees.

For Working Capitala. The Processing Charges will be realized while sanctioning the accounts on per annum basis

(minimum one year).b. The full Processing Charges will be realized while reviewing the accounts on per annum basis

from the date of sanction.c. In case of Operational review f or short period, a Processing Fee on pro-rata basis f or the

renewal period will be realized f or minimum 1 quarter and thereafter multiple of quarter Thelength of the renewal period will be reckoned from the original review date or the extendedreview date till the period for which operational review is done.

d. In case of review/renewal of account or enhancement in limits (Funded/Non Funded) bef orecompletion of 12 months from the last date of sanction, the processing fee should be realizedon pro-rata basis in respect of existing limits and full processing fee for the enhanced portion.For Term Loan:In case of fresh Term Loan, where Upfront fees at the rate more than 0.50% is being realized, noseparate Processing Fee will be levied. However if it is less than 0.50%, normal Processing Fee willbe realized, as applicable for reviewed/renewal of Term Loan.

B.3.4. CHARGES FOR CREATION OF MORTGAGE & DOCUMENTATION(OTHER THAN AGRICULTURAL CREDIT BUT INCLUDING RETAIL CREDIT LOANS)

Existing Credit Limits Revised documentationCharges

Revised mortgage charges

Up to Rs. 50,000 Nil Nil

Rs.50,000 to Rs.2 lacs Rs.890 Rs.890


Existing Credit Limits Revised documentationCharges

Revised mortgage charges

Above Rs.2 lacs but up to

Rs.5 lacsRs.2670

Rs.2670

Above Rs. 5 lacs but uptoRs. 20 lacs

Rs.6230 Rs.6230

Above Rs.20 lacs but uptoRs.1 crore Rs.13350 Rs.13350

Above Rs.1 crore Rs.17800 Rs.22250

Note:a) In case of Retail Credit Schemes, (refer section B-1) documentation & mortgage

charges are applicable as per aforesaid rates.b) Charges for creation of mortgage will be calculated on the amount of the Loan and not

on the value of the property, irrespective of the nature of the credit facility.c) Cost of stamp and other expenses will be borne by the borrower separately.d) Where no Mortgage is proposed, only Documentation Charges would be taken.e) Actual charges including registry under Central Registry scheme to be levied from

borrower.f) Mortgage charges in case of supplemental mortgage should be realized at rate of

50.00% of normal charges.

B.3.5. INSPECTION & SUPERVISION CHARGES(OTHER THAN AGRICULTURAL CREDIT BUT INCLUDING LOANS UNDER RETAIL CREDIT)

Revised Credit Limits Revised Rates

Up to Rs.2 lacs NIL

Above Rs.2 lacs up to Rs.10 lacs Rs.445/ Qtr all centersAbove Rs.10 lacs up to 1cr Rs.1335 for all centersAbove Rs.1cr up to Rs. 5 cr Rs.3560 / Qtr for all centers

Above Rs. 5 cr Rs.7565 / Qtr for all centers

Note: In case of Retail Credit Schemes, (refer section B-1) Inspection & Supervision chargesare applicable as per aforesaid rates.

B.3.6. COMMITMENT CHARGES

Revised Commitment Charges Revised Rates

For FundedWorking Capital Limits ofRs.5 Crore & above

1% p.a. on the unutilized portion of theoperating working capital limits subject to atolerance level of 15% of such limits


B.3.7.CHARGES ON PURCHASE/DISCOUNT OF CHEQUES/BILLS

B.3.7.(a) Charges on purchase/discount of Cheques

Name of Items RevisedRates

Charges on purchase/ discount ofCheques

44 paisa % plus Collection Charges asapplicable to collection of Cheques / Bills forrespective slabs & out of pocket expenses

B.3.7.(b) Charges on purchase/ discount of Bills

i) DABills:


DA Bills

Interest / additional interest, as applicable forworking capital advances to the respective borrower,from the date of purchase till due date plus collectioncharges, service charges and out of pocket expenses(plus taxes) as applicable to bills for collectionfor the respective slab, are to be realized. Noadditional discounting charges to be realizedseparately.

For DABills:1. Applicable interest rate based on amount of bill and risk rating as per Interest Rate

Circular from the date of discounting bills till the date of maturity shall be charged.2. Additional interest @ 2% over normal rate will be recovered for the period of default

from the borrower.3. Prescribed service charge for collection of bills and out of pocket expenses (plus

taxes) will be realized.

ii) DP Bills:Name of Items Revised Rates

DP Bills Discount charges @ 0.66% of the Bill Amount(f or a period not exceeding 7 days)plus normal collection charges/ ServiceCharges (Normal Interest rate beyond 7 days)plus out of pocket expenses (plus taxes) willbe realized.



Up to Rs. 5 Crore Rs.223 + 0.80% per Quarter with minimum of 2

Quarter, Minimum Rs.890

Above Rs. 5 Crore up to Rs. 10 Rs.1335 + 0.80% per Quarter with minimum of 2 Quarter

Above Rs. 10 Crore Rs.1780 + 0.80% per Quarter with minimum of 2 Quarter

B.3.8.COMMISSION ON BANK GUARANTEE

B.3.8. (a) Performance Guarantee


Up to Rs. 5 Crore Rs.223 + 0.63% per Quarter with minimum of 2

Quarter, Minimum Rs.614Above Rs. 5 Crore up to Rs. 10Crore

Rs.534+ 0.63% per Quarter with minimum of 2 Quarter

Above Rs. 10 Crore Rs.890 + 0.63% per Quarter with minimum of 2 Quarter

B.3.8. (b) Financial Guarantee

Crore

Note: In case of one time Bank Guarantee for more than Rs.2 lacs (not covered by 100% marginin the form of FDR), processing fee as applicable should be realized at the time of first sanction.

B.3.8. (c) General

SlNo.


i) Renewal of Guarantee The Charges will be the same as those applicable forIssuance of fresh Guarantees, except that the claimperiod is not charged for, if the renewal isaffected before the expiry date of the originalGuarantee. In essence the charges should be on total finalclaim including the enhance period plus claim period.

ii) Commission onAmendments

For amendments other than amount, period andpurpose of Guarantee, commission at the flat rate ofRs.890 will be recovered.

iii) Guarantee on accountof payment of Statutorydues

Field functionaries may consider proposal for issuingGuarantees favouring Customs/Excise Authorities forpayment of Statutory dues. As the risk factors forissuing of such type of Guarantees are very high, noconcession in Commission will be permitted for issuingsuch type of Guarantees. However, Guarantee shouldnot be issued in favour of Income Tax/Sales Taxauthorities f or payment of statutory dues withoutobtaining specific permission from Head Office.

iv) Guarantee against100% Cash Cover/FDR

25% of Normal Charges to be levied with a minimum ofRs.623. As this is already a Concessional rate, no furtherconcession would be permitted atfield level.

SlNo.


v) Cancellation Charge It is observed that borrowers are reluctant to arrange forreturn of original Guarantee, duly expired, from thebeneficiaries, as a result of which the Branches are nottaking prompt action to delete the outstanding Guaranteesfrom the Register, which bear negative impact oncomputation Capital Adequacy.In this regard, in case of Guarantees executed in favour ofparties other than Government Departments, theBranch/es will be required to send a RegisteredLetter to the beneficiary, provided no demand orclaim has been made by the beneficiary under theGuarantee within its validity period, indicating thereinclearly that if the original Guarantee is not returned to Bankwithin 15 days after the date of expiry thereof, theBank will delete the said outstanding Guarantee f rom itsRegister/Book of Accounts. Accordingly, the followingcancellation charges will be realized f rom the respectiveborrowers f or non- return of original Guarantee after thedate of expiry. The realization of Cancellation Chargewill not be applicable for Guarantees issued to GovernmentAuthorities.

Amt. of Guarantee Revised RatesUp to Rs.10 lacs Rs.890 per GuaranteeAbove Rs.10 lacs but

below Rs.20 lacs

Rs.1780 per Guarantee

Rs.20 lacs & above Rs.4450 per Guarantee

v) Refund ofGuaranteeCommission

For Guarantees tendered for cancellation, before thedate of expiry, only a portion of the GuaranteeCommission already recovered be ref unded to the Customer.Accordingly an amount computed at half the originallycharged rate f or the unexpired period of Guaranteein multiple of 3 months may be refunded.

vi) AdditionalCommission

Additional Commission at applicable rates will be levied onthe extended period of validity of Guarantees due torestraints imposed on Banks by Court orders, at theinstance of Customers, f orm meeting their obligation tobeneficiaries when the Guarantee is invoked. In order toprotect the Bank against possible disputes f rom customers,the following clause may be incorporated in the CounterIndemnity to be obtained from customers:

“That if for any reason the Bank is prevented by any actioninitiated by me/us from making payment to the beneficiaryof the Guaranteed amount, I/We will also be liable to paythe Bank Guarantee Commission for the period for whichI/We delay by such action, the payment of discharge of theGuarantee.”


B.3.8.(d) Letter of Comfort in lieu of Bank GuaranteeLetter of Comfort in lieu of Bank Guarantee @ 3.11% p.a. with a minimum for 2 Quarters wouldbe levied.

B.3.9. CHARGES ON INLAND LETTER OF CREDIT (LC)

General:• Commission must be charged when an LC is opened & amended and no refund may be

allowed in any circumstances whatsoever, whether a credit is cancelled, partly availed ofor expires wholly un-availed of.

• W hen the Inland Letter of Credit opened by a bank is advised/ confirmed by itsown branch, the advising/confirming branch of the bank will not be entitled tothe advising/confirming commission.

• In case of invocation of Guarantee, devolvement of Letter of Credit and if it is notregularized within a period of 30 days, all such Concessions allowed if any will bewithdrawn.

• out of pocket expenses (plus service tax) such as postage, telegram, telex, fax cable etcshall be collected in addition to the usual charges as detailed below:

Name of the Items Revised RatesAt the time of opening

B.3.9.(a) Commitment Charge(For the period of liability i.e. from thedate of opening of credit to the last dateof its validity)

0.31% of the LC amount for every period ofthree months or part thereof.

B.3.9.(b) Usance Charges (according to the tenor of the bill at the rate of)

(a) Bills up to 7 days 0.31% of the Bill, Min Rs. 445(b) Bills over 7 days to 3 months 0.63% of the Bill Min. Rs.668(c) In excess of 3 months. 0.63% of the Bill for the f irst three months plus

0.31% p.m. in excess of three months,Min. Rs.890

Note: Rates are based on size of Individual L/C opened.

Name of the Items Revised RatesB.3.9.(c) Amendment Charge

a. If LC is amended by way ofincrease in amount

Both usance & commitment charges shall be levied on

the amount of increase. Min. Rs.890b. If LC is amended by way ofextension of period.

0.31% of the LC amount for every extended period ofthree months or part thereof. Min. Rs.890

c. Amendmabove

ent other than Rs.1335 per occasion


Name of the Items Revised Rates

d. Reinstatement Charge On each reinstatement, usance charges according tothe tenor as stated above and Commitment charge of0.23% on the reinstated amounts only.

B.3.9.(d) Revolving Letter of Credit

a. Opening Charge Normal LC opening charge

B.3.9.(e) LC advising charge

(When advising Inland LCopened by CorrespondentBanks, which shall includeLetter of Authority/Order tonegotiate but does not carryconfirmation, the advising bankshall levy advising commission)

0.09% on each LC, Minimum Rs.1068

B.3.9.(f) LC Confirmation charge(If, advising bank confirms a

Correspondent’s credit it shouldcollect a commitment charge forthe full validity of the credit)

@ 0.23% for every quarter or part thereof, Min.Rs.1068 aswell as Usance charges according to the tenor of the bill atthe rate specif ied in B.3.9 (b) above.

B.3.9.(g) Advise of transfer in transferable LCs(Whether full or part andwhether endorsed on the credititself or not)

Rs. 668 for each advice of transfer

B.3.9.(h) Acceptance Charge(Commission on LC calling forusance bills to be drawn on andaccepted by the bank)

0.23% of the bill per month, Min. Rs.1068

B.3.9.(i) LC NegotiationNegotiating Branch shall levy negotiating charges at the following rates :Bills : (a) Up to Rs. 2.50 lacs 0.36% min. Rs.1068

(b) Over Rs. 2.50 lacs 0.23%, Min. Rs.4450B.3.9.(j) Charges for givingguarantee for discrepantdocuments.

0.31%, Min. Rs.1068

B.3.9.(k) Clean paymentreceived under LC Rs. 445 flat

B.3.9.(l) Attestation ofCommercial Invoice subsequentto negotiation

Rs. 44 per invoice Min. Rs.89 in each occasion.



Name of the Items Revised RatesB.3.9.(m) Non-payment/ non-acceptance of demand/usancebills of exchange onpresentation/on due date

0.17% Min. Rs.445

B.3.9.(n) Allocation of sub-limit

Rs.4450 p.a. for allocation of limits to each branch

B.3.9.(o) Charges forretirement of Bills under LCs

0.27% Min: Rs.890

B.3.9.(p) Letter of Comfort inlieu of Letter of Credit orBuyers’ Credit or Standby L/C

Charges applicable for Financial guarantee will be applicable

B.3.9.(p) Swift HandlingCharge

Rs.500 per occasion

B.3.10. PREPAYMENT CHARGES FOR LOANS OTHER THAN RETAIL CREDIT

Term Loan amount Revised RatesAll loans up to Rs.10.00 lac In case of Term Loan, if liquidated out of own source/

own generation- Nil.

In case availing loan from some other Bank/institution-1.78% of the outstanding loan.

All loans above Rs.10.00 lac 1.78% of the outstanding loan.

NOTE : Postage and other out of pocket expenses to be realized on actual basis over andabove the Service Charges

******


Section ‘C’

FOREIGN EXCHANGE RELATED ISSUES


SECTION ‘C’

SERVICE CHARGES (EXCLUSIVE OF TAXES) ON FOREIGN EXCHANGE RELATED ISSUES

SlNo. Transaction Revised Rates

Commission and other charges (except interestcharges and interest on outlay of funds), areexclusive of Taxes out of pocket expenses (plustaxes) at actuals, Courier/ Postage etc. Charges,Early/ Late delivery / Swap Charges/Interest onOutlay of Funds etc, as applicable, shall berecovered in addition. Appropriate buying /sellingrate to be applied

1 IMPORT TRANS ACTIONIMPORT LETTER OF CREDIT

1A Commitment Charges(For full validity of the LC i.e. from thedate of opening to the last date of itsvalidity)

0.152% per quarter or part thereof.

1B Usance Charges NOTE: Both Commitment & Usance chargesare related to opening of LC

1Ba)

Sight For LC s providing for bills up to 10 days' sight0.152% Min Rs.1001/-

1Bb)

DA upto 90 days For LC s providing for bills over 10 days' sight upto 90 days' sight, 0.30% Min Rs.1504/-

1Bc)

DA Beyond 90 days For LC s providing for bills over 90 days sight:0.109 % per month or part thereof.

1 C Concessional Rates1.Ci)

Up to Rs. 5 crore (or equivalent in FC) Commitment & Uasnce Charges in Full as above

1.Cii)

Above Rs 5 crore Upto Rs 10 crore(or equivalent in FC)

a) Full charges up to LC value of Rs.5 crore Plusb)50 % of commitment & usance charges as in 1A& 1B above on the amount in excess of Rs.5 crore

1.Ciii)

Above Rs 10 crore (or equivalent inFC)

a) Full charges up to LC value of Rs.5 crore Plusb) 50 % of commitment & usance charges as in 1A

& 1B above on the amount in excess of Rs.5crore up to Rs.10 crore Plus

c) 40 % of commitment & usance charges as in1A & 1 B above on the amount in excess ofRs.10 crore

1.C.iv)

LC issued with full cash margin

1. C.iv (a)

Up to Rs. 5 crore (or equivalent in FC) 25% of normal charges

SlNo.

Transaction Revised Rates

1. C.iv (b)

Above Rs 5 crore Upto Rs 10 crore(or equivalent in FC)

60 % of Applicable Rate for FDR.40% of Applicable Rate for Cash Margin

1. C.iv (c)

Above Rs 10 crore (or equivalent inFC)

50 % of Applicable Rate for Both Cash & FDR:

1.D Amendment charges of L/C NOTE: In case both enhancement of LC Valueand extension of validity of LC are involved, boththe charges as under are to be realized

1.D.a)

Extension of validity of LC within theperiod for which commitment chargehas been collected

Rs.503 f lat

1.D.b)

Where extension of validity ofcredit goes beyond the period forwhich commitment charge has beencollected

(On the outstanding liability under the LC) Freshcommitment charges at the applicable rate perquarter or part thereof for the period of extensionwith a minimum of Rs.752

1.D.c)

Enhancement of LC Value Value shall be arrived at by adding theenhancement amount to the original value of theLC. Both usance & commitment charges asapplicable for the value so arrived at, less amountalready realized. Minimum Rs.1001

1.D.d)

Amendment extending the tenor of theBill of Exchange

Usance charges as applicable for the amendedusance period less already realized amountMinimum Rs.1001

1.D.e)

Amendment other than extension ofvalidity or enhancement of tenor of theBill of Exchange (including deferredpayment LCs / Guarantees)

Rs.752 f lat

1.D.f) For revival of expired LCs within 3months from the date of expiry

Usance & Commitment charges as applicable forthe outstanding LC liability from the date ofexpiry up to the extended validityMinimum Rs. 2003

1.E Import Bills Under LCs Commission on Import Bills under LCsissued by us are to be recovered in addition toLC issuing charges

1Ea)

Foreign Currency Bills under LCs

At the time of retirement or crystallisation,whichever is earlier

1.E.a (i)

Up to Rs.5 crores 0.126% on bill amount Minimum Rs.1001

1.E.a (ii)

Above Rs.5 crore up to Rs.10 crores 0.126% on Rs.5 crore plus 0.109% on the amountin excess of Rs.5 crore and up to Rs.10 crores



1.E.a (iii)

Beyond Rs.10 crores Charges as above for upto Rs.10 crore plus0.091% on the amount in excess of Rs.10crore. Max Rs.175339

1 Eb)

Foreign Currency Import Billsunder LCs

0.126% on bill amount

where no exchange benefit accruesto the Bank

Minimum Rs.1001Maximum Rs.200249

1 Ec)

Rupee Bills under LCs As per bill under domestic LCs

1.E.d)

Late payment commission 0.10% per quarter or part thereof for the entireoverdue period f or bills drawn under LCnot retired within 10 days from the date of receiptof bills in case of demand bills and on the duedate in case of usance bills, to be recovered atthe end of each quarter.

1.E.f) Charges on account ofdiscrepant documents

USD 62 per discrepancy, if accepted by theapplicant, to be recovered f rom beneficiary /negotiating bank. (Discrepancy charges should bestipulated at the time of opening of LC)Discrepancies must not be in violation of anyof the provisions of FEM A or any StatutoryRegulation

1.F. Commission on Import BillNot Under LC (Collection Bill))

1.F.a) W here exchange margin is earned onforeign currency bills

0.222 % on bill amount.

1.F.b) On each bill drawn in rupees and oneach bill drawn in f oreign currency onwhich no exchange margin accrues.

0.361% on bill amount.

Maximum Rs.251830

1.F.c) On bills / documents covering projectimport under inter Govt aid scheme(including those financed byinternational agencies like W orldBank, IMF, ADB etc. where noletter of credit is opened.

50% of rate as applicable for bills under LC /Collection, as the case may beMinimum Rs.752, Maximum Rs.100125

1.F.d) In case of documents received byimporters directly from overseasexporters / bank.

(At the time of remittance)0.25 % Minimum Rs.2500

1.Fe)

If the overseas bank or the exporterabroad requests proceeds of collectionbill to be remitted in a currency otherthan the currency of the bill

Rs.1001 in addition to commission asapplicable for collection bill.

1.Ff)

Countersigning Bill of Exchangedrawn on importers under LCs

0.10 % per month or part thereof for the usanceperiod , Minimum 0.204% , Max 0.50%



1.Fg) Payment of Import Bill which aresettled out of f oreign currency loansarranged abroad and from balances inEEFC account

Commission as applicable for Collection ImportBill where no exchange is earned

1.Fh)

If import documents are required to beforwarded to another bank which isrequired to remit the proceeds to thebank abroad

Rs.500 as handling charge

1.F i) Booking of forward contract withanother bank in respect of import billsdrawn under LC opened by us (i.e.import bill handled by us but FCfunds purchased by the importerthough other bank in India )

0.126 %

1.F j) Overdue Import Bills on Collection Rs.500 per quarter or part thereof forthe overdue period, to be realised at the end ofeach quarter. Unpaid documents are not to beheld beyond Tw o quarters, under intimation tothe overseas Bank. If refused by theImporter, USD 27 per quarter to be claimed f romO/S Bk.

1.Fk)

Import Collection Bill ReturnedUnpaid

Rs.1504 plus Overdue Commission as above. Ifref used by the importer USD 118 plus overduecommission as above, to be claimed f rom theoverseas Bank

1. G Inward Parcels Rs.1504 per month. Parcels must be receivedThrough overseas bank /correspondent andcleared by customs authorities.

2 EXPORT TRANSACTION2.A Export Bills Purchased / Negotiated

/ Discounted2.Ai)

Processing Charges for each foreigncurrency export bill Rs.1001 per bill

2A ii) Processing Charges for each rupeeexport bill Rs.1001 per bill

2A.iii) For forwarding export documents onwhich no collection commission orexchange accrues to the bank (i.e.from one bank to other bank in India)

Rs.1001 per bill

2Aiv)

Reimbursement charges under Letterof Credit

a) Reimbursement Claim from India, but payment inFC :Rs.750 per claimb) Claim from abroad (other than the bank towhom bills are sent): Rs.1250 per claim.

2Av)

Forwarding export document toanother bank for negotiation towhom LC is restricted by the bank and/ or which has booked the forwardcontract.

Rs.2003 per document



2Avi)

For joining customer's guarantee andgiving guarantees on behalf ofcustomers in respect of discrepantdocuments

0.15 % of the bill amount, MinimumRs.1001. Maximum Rs.15000Discrepancies must not be in violation of anyof the rules of the country / international rule /practice

2Avii)

Overdue export bills purchased /negotiated/discounted where proceedsare not received in Nostro accountswithin Due / Notional Due Date

Rs.1001 per quarter or part thereof per bill for theoverdue period (To be realised at the end of eachquarter)

#Note

a) Applicable also in case of deferredexports if the relative export proceedsare not received within the stipulatedperiodb) Not applicable in case ofbills drawn on countries withexternalization problem but paid inlocal currency and the exporter hasobtained necessary approval fromReserve

a) Applicable also in case of deferred exports ifthe relative export proceeds are not receivedwithin the stipulated period

b) Not applicable in case of bills drawn oncountries with externalisation problem but paid inlocal currency and the exporter has obtainednecessary approval from Reserve Bank

2Aviii)

Charges for discrepancies in exportdocuments under LC =====

2Aix)

Substitution / Change of Tenor Change of Tenor (within 180 daysof shipment): Concessional rate on post-shipment credit upto the extended period inaccordance with the directives of RBI. Recovery/ payment of swap difference and interest onoutlay of funds, if any, to be made.Change of Buyer Rs.500 per bill

2B Export Collection Bills

2. B.i)

Both foreign currency & Rupee exportBills

Foreign Currency Bills W here Exchange Marginis earned:0 .10%

Min Rs.1001

Max Rs.20024

Rupee Bill :0.152%Min Rs.2003Max Rs.24921

2 B.ii)

Export bills sent for collection whereproceeds are not received within Due/ Notional Due Date

Rs.500 per quarter or part thereof for theoverdue period (To be realised at the endof each quarter) (This is in addition tocommission as applicable for export bill senton collection)



2Biii)

For each complete set of export docssent by the exporter directly tooverseas buyer in terms of extantFEMA guidelines while disposing ofthe relative GR forms

Docs handled against own FIRCRs.500 per billDocs handled against other bank's FIRCUpto Rs.2 lakh or equiv--Rs.261 per GR MinimumRs.500 per bill Over Rs.2 lakh or equiv Rs.500

per GR form Min Rs.751 Max Rs.25002Biv)

Additional charges where proceeds ofbills are received through a bank otherthan the collecting bank at theinstance of the exporter / overseasbuyer.

Foreign Currency Bills WhereExchange Margin is earned 0.10%Min Rs.1001

Max Rs.200Rupee Bill : 0 .152%Min Rs.2003/-

Max Rs.50017

2Bv)

Export Bills against which advancepayment already received

0.10% per bill, if remittance received through us.Min. Rs.500

Max. Rs.35170.126 % per bill if remittance received throughany other bank & FIRC is produced:Min Rs.1001Max Rs.10013

2Bvi)

Commission in lieu of Exchange

2B.via)

W here pre-shipment advance hasbeen granted against a letter of credit/ export order but the bills arenegotiated through another bank

0.126%Minimum Rs.1504 - Maximum Rs.24291(W here foreign currency is not received from theother AD)

2B.vib)

W here the proceeds of an export billnegotiated are paid in foreigncurrency to another A.D.

0.126%Minimum Rs.1504 -Maximum Rs.24291

2B.vi.c)

W here an export bill is sentfor collection abroad but thepayment is received in rupeesthrough another A.D. in India

0.126%Minimum Rs.1504 -Maximum Rs.24291

2B.vi.d)

Deemed export bills in foreigncurrency as defined by the RBI / EximPolicy from time to time.

0.126%Minimum Rs.1504Maximum Rs.24291

2B.vi.e)

W here an export bill is negotiated/ purchased / sent for collection andits proceeds are credited to EEFCA/C in full / part.

NIL for the part held in EEFC A/C

2 Bvi .f)

W hen bank charges recoverable fromthe drawee but refused

Charges to be recovered from the exporter



2 Bvi g)

Export Bill Returned Unpaid Rs.500 per bill (In addition to negotiation/ purchase/ collection commission and overduecharges.)

2B vih)

Export Bills Returned Unpaid Rs.500 per Bill in addition to Collection/ Negotiation / Purchase Commission andOverdue Commission, as applicable

2 C Certificates2 CI)

Issuance of certif icates / attestation inrespect of export transaction

Rs.152 per certif icate / attestation

2 Cii) Registration of Export Contracts

Rs.304 f lat per registrationRs.152 f lat per amendment

2Ciii)

Annual Export Turnover Certif icate Rs.1001 per certif icate (for each year)

2 .D Processing fee for advance againstGovt sponsored incentiveschemes.

0.152 %Minimum Rs.500

Maximum Rs.5002

2.E Export Letter of Credit Including standby LC, Letter of Authority, Ordersto Negotiate, Orders for payment etc

2 Ei)

Advising letter of credit (recording,scrutinising, authenticating,verif ication)

Own Customer Rs.500 flatOthers Rs.1001 flat

2 Eii)

Advising amendments Rs.752 per amendment

2 Eiii)

Advising LC / amendment to thebeneficiary through another bank

Rs.752 per LC / Amendment

2 Eiv)

W hen LC is already advised by otherBank and received for further advising

Rs.103 per LC If an LC has been advised toanother branch of our Bank, no charge shall belevied by the second branch.

2. F. Confirmation Charges Subject to approval of the appropriateauthority for adding confirmation

2.F.I)

Commitment Charge Both Commitment & Usance Charges

2. Fii)

Usance Charge As per charges for establishing Import Letter ofCredit with concessions for high values asapplicable

2. G. Transfer of Letter of Credit To be recovered from the first beneficiary.

2.G.I)

Each advice of transferRs.1001 per transfer

2. H. Acceptance commission for acceptingusance drafts to be drawn on andaccepted by bank in India

0.178 % per quarter and part thereof forthe usance period Minimum Rs.1504(Approval from appropriate authority toaccept is required)



2.I PCFC / FCBD / FCBN2.I a) Transaction charge Rs.24922 per sanction.

FC Denominated Loans Other than for ExportFinance

PSCFC Rs.24922 per sanction.2.I b) Commission As per export bill purchased / negotiated /

collection2.I c) Bill Handling Charges As per export bill purchased / negotiated /

collection2.I.d) Reversal of PCFC Transactions

For non-submission of exportdocuments for liquidation of PCFCand / or non-realisation of Bills

Flat Rs.1504

2.I.e) FCNR (B) Loan Transactions a) Processing Fee: As applicable to freshRupee Loanb) Transaction Cost: Arranging / monitoringFCDLFB Loan: Rs.24922c) Commitment Fee:1% if loan is availed after one month butbefore 3 months from the date of fund allocation.

3 REMITTANCE3.A OUTWARD REMITTANCE

(Not Being Proceeds of Import Bill)3.A.i

)On all foreign currency outwardremittances not being proceeds ofimport bills

0.126%Minimum Rs.250Maximum Rs.1001

3. Aii)

Issue of duplicate foreign currencydraft

a) Within 6 months from the date of issueRs.249 b) Beyond 6 months Rs.500

3Aiii)

Rupee Remittances Individuals 0.126%Minimum Rs.103 in all casesOthers: 0.317%Minimum Rs.500 in all cases

3Aiv)

Outward remittances from FCNR A/cNRE A/c

Free of Charge for repatriation

3Av)

Issuing Foreign Currency Draft forcredit to FCNR A/c of beneficiary withother Bank in India

Rs.249 per draft.(No Charge if FCNR A/c with other branch ofus)

3Avi)

Outward Remittance by debit to EEFCA/C

0.10% on EEFC amountMinimum Rs.500 (In addition to commissionas applicable for the purpose of remittance)

3Avii)

Outward remittance madefor repayment of FCL

Rs.500 per remittance

3Aviii)

Issue of Foreign Currency draftf or deposit with another bank (FCNR)against a FC draf t of correspondentBk.

Rs.250 per draft No Charge if FCNR A/c tobe credited is with our branch)


SlNo. Transaction Revised Rates3Aix)

Issuance of drafts towards gifts,donations, student application (foramount upto USD 500)

Rs.152 f lat

3Ax)

Advance Remittance against Import 0.152% Minimum Rs.1001

3.B INWARD REMITTANCE3.Bi)

Encashment of TTs & purchase ofMTs & DDs in respect of which coverhas been received in Nostro accounts

a) Rs.250 per transactionb) For small individual remittances upto USD

500, Rs.152 per transactionc ) No Commission if proceeds are credited to

account with any of our branches3.Bii)

Encashment of TTs & purchase ofMTs & DDs where reimbursements tobe obtained in cover by drawingdemand drafts on overseasbranches or correspondent banks

0.126% plus interest at domestic commercialrate for a transit period of 15 days

3.Biii)

Encashment of customer's personalcheques, demand drafts, internationalmoney orders, banker's cheque etcpayable abroad.

0.152% plus interest at domestic commercialrate for 15 days

3.Biv)

Rupee drafts issued bycorrespondent banks

3.B.iv)(a)

Drawn on the branch wherecorrespondent bank Rupee account ismaintained

Payment by the branch where Vostro Account ismaintainedFree of charge

3.B.iv)(b)

Drawn on the branches under specialarrangement where correspondentbank Rupee account is not maintained

Payment by branches which are designated topay at per :Free of charge.Others to pay through designated branch.Commission as per domestic cheque collection.

3 C Clean Payments3.C.i) Effected under instructions from

correspondentsRs.103 No charge if credited to a/c with us

3C.ii)

Inward remittances to be paid inforeign currencies by way ofa demand draft / mail transf er /payment order/ telegraphic transferetc.

0.10 % Minimum Rs.250 Maximum Rs.5006

3Ciii)

Remittance to NRE A/C Free of charge if account with us, Rs.500 flatfor accounts with other Bank

3 D Certificates Relating toRemittances

3.Di)

Bank certificate on security paper inrespect of clean remittances froabroad and / or encashment of foreigcurrency travelers’ cheques/ foreigcurrency Notes

FIRC issued on security paperm Rs.250 per certificate

FIRC issued on Bank's letter headRs.152 per certificate



3.Dii)

Certif icate on Bank's letter head(where rupee value of inwardremittance does not exceed Rs. 5000)

Rs.200 per certificate

3Diii)

Duplicate FIRC (Original reported lost) Duplicate FIRC (in lieu of original reported lost)Rs.752 per certificate.

3.E CLEAN INSTRUMENTS FORCOLLECTION

3E.i) Clean instruments sent abroadfor collection

0.152% Minimum Rs.119 Maximum Rs.5007

3E.ii) Foreign currency instruments sent oncollection within India

Charges as applicable for inland transactions onthe Rupee equivalent of the instrument

4 Miscellaneous4 I) Obtaining Opinion Report for exporter

/ importer (both)Actual amount paid to outside agency plus outof pocket expenses (plus taxes)

4 ii) Providing opinion reports to foreignbanks on our customers

USD 57 per opinion (to be recovered fromforeign bank)

5 Merchanting trade5.i) If foreign currency remittances are

received in advance by the exporterf rom the overseas buyer andthe funds are held in nostroaccount at the specific request of theexporter.

Commission @ 0.074% on each transactionMinimum Rs.2500.Maximum Rs.15000

5. ii) On import bills received under backto back LC

Commission at 0.126 %Min Rs.3503Max Rs.15000

5.iii) On export bills drawn bymerchant exporters

Commission at 0.126 %Min Rs.3503Max Rs.15000

6 GUARANTEES6.A) Guarantees favouring shipping

Companies / agencies pendingproduction of Bill of Lading

6.A.i) LCs Opened by us Rs.1001 per guarantee6.A.ii) Others 0.248% for first 3 months (Minimum) plus

0.074% for each addl 1 month or part thereof.

6 Aiii)

Letter of Comfort in lieu of LC or BankGuarantee 2% p.a. Minimum 1 quarter.

6.B Guarantees for Project Exports6.B.i)

ECGC Cover 75% 0.45% per annum plus ECGC premium at actual.

6.B.ii) ECGC Cover 90% 0.36 per annum plus ECGC premium atactuals


SlNo. Transaction Revised

Rates6.Biii)

Not Covered by ECGC 1.20 % per annum. For fractional periodbeyond completed years, pro-rata chargesmay be realised but not below a completemonth.

6.B.iv) 100% GOI counter guarantee 50% of the rates against each type guarantee

6.B.v) 100% Cash Deposits to the extent ofBk's Liab.

50% of the rates against each type guarantee

6.B.vi) Other Guarantees (not coveredabove)

1.15 % p.a.

6.B.vii) Other Export PerformanceGuarantees Bid Bonds (not coveredabove)

0.10 % per month, Minimum Rs.3510 [Must]25% of the commission shall be realized at thetime of issue of bid bonds. Balance 75%shall be recovered if the bid materializes,otherwise, no refund shall be made

Concessional Rates (Bid Bonds for Project Exports)

Guarantee value upto Rs.5 crore Full rateGuarantee value above Rs.5 croreFull rate up to Rs.5 crore plus 50% of thespecified rate on the amount in excess of Rs.5crore

6.B.viii)

Export performance guarantees,bid-bonds, etc (other than for projectexports) and Export PerformanceGuarantees covering export obligationsin terms of importTrade control regulations and exportperformance guarantees/bid bondsconnected with deemed exports

0.10% per month, Minimum 0.32% or Rs.1001, whichever is higher In case of earlyredemption, Maximum 0.43% of thecommission for the unexpired period i.e. fromthe date of redemption to the date of expiryshall be refunded

6.B.ix) Def erred payment guarantees coveringimport of goods into India / repaymentof foreign currency loan

0.178% per month or part thereof forthe specified l iab i l i t y ca lcu la ted on thea m o u n t o f liability under such guarantee atthe beginning of every quarter. If installmentsare remitted by other A.D., the latter shallcompensate @ 0.130% commission on theamount so remitted

6Bx)

Guarantees issued against counterguarantee of other bank ( prime bank,correspondent & within exposure limit)

0.178% per month Minimum Rs.1001

6Bxi)

Bid Bonds for supplies connected withDeemed Exports / Direct exportsOther Than Project Exports

0.152% per month 25% of the commissionshall be realized at the time of issue of bidbonds. Balance 75% shall be recovered if thebid materializes, otherwise, no refund shallbe made Minimum Rs.1001

6Bxii)

a) All Other Guarantees a) 0.10 % per month, Minimum Rs.2983 [Must]

b) If Guarantee period is less than 2months

b) 0.32%, Minimum Rs.2983



c) In case of early redemption c) Pro rata commission may be refunded at thediscretion of the branch for full months only (notfraction of months)

7 FOREIGN CURRENCYTRAVELLERS' CHEQUE

7. i) Commission on Rupee equivalent oftravellers' cheques sold to Indianresidents

0.752 % on Rupee Equivalent, Minimum Rs.250

7.ii) Commission on foreign currencytravellers' cheques issued againstforeign currency remittance at therequest of the beneficiary.

0.500% on Rupee equivalent Minimum Rs.500

7.iii) TC Encashment No charge.7.iv) Sale & Purchase of Foreign Currency

Notes & CoinsAt Bank's Card Rate or at rate quoted bynearest agencies f or disposing off the currency /procuring the currency, whichever is favourableto the bank Plus Commission:Upto USD 50 Nil,Above USD 50 0.25 %Min Rs.14 Max Rs.2003No Charge for Resident & NRI Customers

8 FORWARD CONTRACTS8.i) For booking sales and purchase

contractsRs.500 flat per contract

8.ii) For each request for early delivery,extension or cancellation

Rs.500 plus swap cost and cancellationcharges wherever applicable

9 EEFC Accounts9.i) Inward remittances credited to EEFC

account with our bankNIL

10. Other Charges10.i) SW IFT Charges for

a) LC Opening Rs.1001 per LCb) BG Issuing Rs.1001 per BGc) Outward remittances Rs.500d) Amendment / Other Messages Rs.500

10.ii) Application to RBI for extension oftime period (ETX Form) for realisationof export proceeds beyond prescribedperiod

Rs. 500 per application

10.iii) Follow up of Bill of Entry Rs. 352 per B/E per half year

10.iv) Approval forWrite off of Export Bill Proposal to RBI Rs. 2500, Under Bk's AuthorityRs. 2003 per case




10.v) Processing Charges for any otherapplication to RBI

Rs. 500 per occasion

10.vi) Foreign Bank charges (for LC advisingwhere charges are to be borne byforeign bank.

USD 30 per LC USD 19 per amendment

10.vii) Attestation Charges for application ofImporter / Exporter Code No

Rs. 200 per application

10.viii) Issuance of GR waiver certificate Rs. 103 per waiver

10.ix) Returning of clean instruments / billsetc sent for collection abroad

25 % of Commission as applicable forcollection items as appropriate.

DISCRETIONARY POWERS TO REDUCE CHARGES IN FOREX BUSINESS ITEMSConcessions / waiving of service charges for foreign exchange related transactions may bepermitted by the competent authority as under, on a case to case basis.

Concessions Competent Authority

Up to 25% of normally applicable chargesBranch Head (DGM/AGM)

Zonal Head ( DGM/AGM) / DGM (Credit) HO

Up to 50% of normally applicable chargesZonal Head (GM) / GM (Credit) HO

GM (Foreign Dept. H.O.)

Up to 75% of normally applicable charges Executive Director.

Up to 100% of normally applicable charges

Managing Director & CEO/

Executive Director (in absence of M D & CEO)

******


Section ‘D’

DP CHARGES FORBENEFICIARY ACCOUNTS


SECTION ‘D’

REVISED RATES FOR DP SERVICE CHARGES

Particulars Revised Charges

1. Account Opening/ Closing/Custody charge

Nil

2. Dematerialization Charges

2.1 Equity Shares Rs. 5.00 per certificate, minimum Rs. 25.00 (Free forAllahabad Bank Shares)

2.2 Bonds/ Debenture Rs. 55.00 per request

3. Rematerialization Charges Rs. 25.00 plus Rs. 10.00 for every hundred shares or partthereof, or Rs. 10.00 per certificate whichever is higher

4. Annual Maintenance Charges4.1 First year for all Nil (Normal Charges if A/c is closed within the first year)4.2 Second year onwards4.2.1 For Individuals Rs. 500.00 P.A. (up front)4.2.2 For Bank Employees/ Retired Rs. 250.00 P.A. (up front)4.2.3 For Non Individuals Rs. 1000.00 P.A. (up front)

4.3 Basic Services Demat Account*i) For value of Holdings upto Rs. 50,000 - NILii) For value of Holdings from Rs. 50,001 to Rs. 2,00,000 -Rs. 100

5. Transaction Fees: (Per Transaction) (Equity/ Bonds/ Debentures/ G-Sec)5.1. Market/ Off Market Transaction(Buy) Nil

5.2. Market/ Off Market Transaction(Sell) 0.03% (Minimum Rs. 30.00)

6. Transaction Fees: (Per Transaction) (Commercial Paper)6.1. Market/ Off Market Transaction(Buy) Nil

6.2 Market/ Off Market Transaction(Sell) Rs. 1000.00

7. Pledge:

7.1 Creation 0.03% of value of each ISIN in each request Minimum Rs.30 (Plus CDSL/ NSDL Charges)

7.2 Closure/ Invocation 0.03% of value of each ISIN in each request Minimum Rs.30 (Plus CDSL/ NSDL Charges)

8.MiscellaneousCharges8.1 Documentation fee (During A/copening) Nil

8.2. Delivery Instruction Book Rs. 3.00 per folio8.3 Additional Statement Rs. 30.00 per statement8.4 Instruction failure charges Rs. 50.00 per instruction8.5 Instruction received atClient’sRisk*** Rs. 50.00 per instruction

8.6 Mailing charges & out of pocketexpenses (plus taxes) Actual


Note:1. The above mentioned charges are exclusive of Goods & Service Tax (GST) and

Beneficial Owner (BO) of Demat Account will be charged applicable GST, other taxes asthey exist from time to time.

2. Mailing and Postage charges pertaining to Dematerialization/ Rematerialisation will berecovered on actual basis.

3. Annual Membership Fee will be taken up front in the first Billing Month from April toMarch every year.

4. Charges will be deducted from Savings/ Current Account of the Beneficial Owner (BO).5. All charges are subjected to be revised as and when decided by Bank. The said revised

tariff will be displayed on Bank’s website www.allahabadbank.in for BO’s information/communication. BO is requested to take note of applicable charges displayed in onBank’s website from time to time.

6. Any service which is not indicated above will be charged separately at prevailing rates.7. *If the Stock Value in Basic Services Demat Account crosses Rs. 2,00,000/-, it will be

treated as a regular Demat account and charges will be levied accordingly.8. ***Instruction Deemed at Client Risk:

Inter Depository transfer for the same day. Off Market Instruction with request on the same day. Instructions submitted after 16:00 hrs on the previous day pay-in dead line.

******


Section ‘E’

CONCESSIONS ON VARIOUS ISSUES


Section E

1.A. CONCESSIONS ON MISCELLANEOUS ITEMS

To compete with other banks, for Transfer of Funds (*Both for Deposit and BorrowalAccounts), concessions may be given on the following items as under:

a) Issuance of DD/Bankers Chequeb) NEFT/RTGS/NACH (Concessions covered in Section A at concerned items No. 12, 14

& 15)

Concessions on the above facilities i.e. a) & b) may be extended to importantCorporate customers/valuable constituents on a very selective basis, considering the meritof the case viz.:-i) Total business connection with the Bankii) Frequency of the operation at the Branchiii) Cost to the Bank is minimal

* Note:Deposit accounts:Transfer of funds periodically from the collection accounts maintained at branches toRegional Collection Account and the aggregate collection is transferred as perstanding arrangement to the Main account of the organization/firm/company.

Advances/Borrowal Accountsi) Accounts from where debit balances are transferred.ii) Accounts from where credit balances are transferred

The Powers regarding Approval Authority for concessions on above remittance facilitiesare as under:

Sl.No

Approval Authorityfor Concessions

Amountsto be Remitted

Amount ofConcession

1. Branch Headed by Scale II Upto Rs.10,000 Upto 100% Concessionson Service Chargesfor remittance2. Branch Headed by Scale III Upto Rs.25,000

3. Branch Headed by Scale IV Upto Rs.50,0004. Branch/Zone headed by Scale V

& aboveUpto Rs.50,000& Above

The Branch Head upto Scale-IV may seek the permission of the higher authority forextending concessions beyond their capacity. Extent of concession has been left to thediscretion of the branch head based on business consideration and value of connection oncase-to-case basis.


[II] Other Business:The Concessions regarding reduction/waiver of Service Charges for other issueson case-to- case basis may be considered as under:

As our Bank is operating in a highly competitive environment, the Zonal Head orAGM/DGM headed branches, may use his/her discretion to slash the quantum ofService Charges upto 100% on normal Service Charges to important corporatecustomers/ valuable constituents considering the total business connection/potential earning from the customer/ frequency of operation of the branch etc.

Note: Recording of concession to avoid seepage, a register of variousconcessions given, should be maintained separately by each authority,which will be available for inspection / review as & when required.

1.B. CONCESSIONS IN RTGS/NEFT:

1. Zonal Head/Branch Head of Scale-V & above may be authorised to allow upto 100%concession (free) of Service Charges on Remittance through NEFT/RTGS to theconstituents on merit basis.

2. Branch Head may be authorised to allow upto 50% concession of Service Chargeson Remittance through NEFT/RTGS to the constituents on merit basis.

3. These charges shall be applicable for all types of transactions, including inter-bankfunds transfer.

1.C. EXEMPTION ON SERVICE CHARGES UNDER “PRIORITY SECTOR”Name of the items

Processing/ Up front Fees, Mortgage Charges, Documentation Charges,Supervision/ Inspection Charges, Incidental Charges,For loans allowedi) Under Govt. Sponsored Schemes viz, SGSY, SJSRY, PMRY,

PMEGP etc.ii) Under ACC, SCC, GCC, JLGs, SHGs, Swarozgar Yojanas

under SGSY, all weaker section* borrowers, PACs and FSSadvances

Free of charge

a) In the accounts having limits upto Rs.5.00 lac under agriculture / Priority sectorcredit, service charges may be waived by the respective Zonal Heads to theextent of 100%.

b) In the accounts having limits above Rs.5.00 lac under agriculture / Priority SectorCredit, service charges may be waived by –

i) Respective Zonal Heads to the extent of 50% (in case of accounts sanctionedupto the Discretionary authority of Zonal Head).

ii) Respective Field General Manager to the extent of 100% ( in case of accountssanctioned upto the discretionary authority of Field General Manager)

iii) By respective sanctioning authority / Committee at Head Office to the extent of100% (in case of accounts sanctioned by Head Office).


SUB-CATEGORIES OF WEAKER SECTION OF THE PRIORITY SECTOR:The sub categories of Weaker Section, as revised by Reserve Bank of India, vide Circularnumber RBI/2015-16/53 FIDD.CO.Plan.BC.04/04.09.01/2015-16 dated 01.07.2015 &circularized vide Head Office Instruction Circular number 13803/PSC/2015-16/09 dated13.07.2015, is as under –

No. Sub-Category1. Small and Marginal Farmers2. Artisans, village and cottage industries where individual credit limits do not exceed

Rs.1.00 lac.3. Beneficiaries under Government Sponsored Schemes such as National Rural Livelihoods

Mission (NRLM), National Urban Livelihood Mission (NULM) and Self EmploymentScheme for Rehabilitation of Manual Scavengers (SRMS)

4. Scheduled Castes and Scheduled Tribes5. Beneficiaries of Differential Rate of Interest (DRI) scheme6. Self Help Groups7. Distressed farmers indebted to non-institutional lenders8. Distressed persons other than farmers, with loan amount not exceeding Rs.1.00 lac per

borrower to prepay their debt to non-institutional lenders.9. Individual women beneficiaries up to Rs.1.00 lac per borrower10. Persons with disabilities11. Overdrafts upto Rs. 5,000/- under Pradhan Mantri Jan-DhanYojana (PMJDY)

accounts, provided the borrowers’ household annual income does not exceedRs.100,000/- for rural areas and Rs. 1,60,000/- for non-rural areas

12. Minority communities as may be notified by Government of India from time to time.

In States, where one of the minority communities notified is, in fact, in majority, item (12)will cover only the other notified minorities. These States/ Union Territories are Jammu &Kashmir, Punjab, Meghalaya, Mizoram, Nagaland and Lakshadweep.

1.D. CONCESSIONS ON LETTER OF CREDIT (LC)/ BANK GUARANTEE (BG)

LCs up to Rs.5 crores – Normal rate as aboveLCs above Rs.5 crores - Up to Rs.5 crores normal rate & beyond Rs.5 crores up to Rs.10croresup to Rs.10 crores : 85% of the normal rate to be charged.LCs above Rs.10 crores:- Up to Rs.10 crores as above & beyond Rs.10 crores: 70% of thenormal rate to be charged.The above concessions for Inland LC above Rs. 5 crore is to have more high valuebusinessThe concessional charges @ 25% of normal charges for Letter of Credit and Bank Guaranteefacilities fully secured by cash deposit/FDR will be realized. As this is already aconcessional rate, no further concession would be permitted at field level.


1.E. DISCRETIONARY POWER TO REDUCE SERVICE CHARGES ON FOREX BUSINESS

The concessions regarding reduction/ waiver of service charges for Foreign Exchange relatedissues on case to case basis may be considered by the filed functionaries as indicated hereunder only in case of limit sanctioned by the concerned authority or limit sanctioned by a levellower than the authority.

Concessions Competent AuthorityUpto 25% Branch Head(DGM/ AGM)

Zonal Head (DGM/ AGM)/ DGM (FGMO) /DGM (Credit) HOUpto 50% Zonal Head (GM)/FGM/GM (Credit) HO

GM (Foreign Dept. H.O.)Upto 75% Executive DirectorUpto 100% Managing Director & CEO

/Executive Director (In absence of MD & CEO)

1.F. CONCESSIONS ON DP SERVICE CHARGESThe Concessions regarding reduction / waivement of DP Service Charges forBeneficiary Accounts on case-to-case basis may be considered as overleaf:

Sl. No. Authority for permitting Concessions Concessions1. Asstt. General Manager (Marketing)/

Dy. General Manager (Marketing)Upto 25% of total charges

2. General Manager (Marketing) Upto 50% of total charges3. Executive Director FULL POW ER4. Managing Director & CEO / Executive Director in

absence of Managing Director & CEOFULL POW ER

Note: The proposals for consideration of concessional Service Charges should carry therecommendation of the respective Zonal Head.• Postage and other out of pocket expenses (plus taxes) to be realised on actual basis

over and above the service charges.

2. CONCESSIONS TO STAFF/EX-STAFF MEMBERS/WIDOWS OF EX-STAFF MEMBERS

No service charge to be levied to the staff /ex staff members/ spouse of ex-staff member. But incase of lockers, the above categories would be required to pay 50% of the annual rentalcharges

3. CONCESSIONS TO DEFENCE, PARAMILITARY PERSONNEL & EX-SERVICEMEN

The Defence and Paramilitary personnel including ex-servicemen are the beneficiaries of thefollowing concessions in respect of Service Charges from Public Sector Banks:

i) At par collection of salary/terminal dues.ii) At par remittances to family up to Rs.10,000 per month and one time remittance for

payment of school/college fees in a year (out of pocket expenses (plus taxes))iii) At par custody of W illsiv) In-house Standing Instructions free of charge.


4. FACILITY FOR FREE TRANSFER OF FUNDS FOR REGIONAL RURAL BANKS (RRBs)

In compliance of RBI directives, the concessions for RRBs are as under:

I. Facilities for free transfer of funds should be extended by the branches for remittance offunds between the Head Offices of the RRBs and their different branches free of costirrespective of the fact whether the RRBs are sponsored by the Bank or not. The remittancemay be allowed in multiples of Rs.5,000 subject to a minimum of Rs. 5,000.

II. Other concessions to RRBs are:

a. Transfer of funds for RRB Branches No Service chargesb. Ref inance installment to NABARD No Service chargesc. Cheques/Drafts etc. drawn in favour of RRBs and tendered

by RRBs to Banks for collection irrespective of whethersuch RRBs are sponsored by us or not.

No Service charges

d. Collection of charges on third party cheques/instrumentsdrawn on PSBs and tendered to them for collection byRRBs

Collection charges to beshared on the basis of50% of our charges +50% of their chargese. Collection charges of third party cheques/instruments

tendered by PSBs to RRBs for collection

5. CONCESSIONS TO SENIOR CITIZENS/PENSIONERS20% below the normal Service Charges for Deposit Accounts and other MiscellaneousIssues would be allowed.

6. FREE COLLECTION/REMITTANCE FACILITIES

Item Existing(i) Cheque issued by Government of India in respect of Grants made from

Prime Minister’s Relief Fund to State Government, District Magistrateetc. should be collected free of charges

(ii) Cheques tendered by Government Departments f or credit toGovernment Accounts will be collected at par and this is applicable toall Government Transactions including State, Railways, and Defenceetc. However, cheques drawn at centres where, the agency banks donot have their branches and required to collect the cheques throughsome o t h e r scheduled banks/co- operative banks, collecting bank’scommission may be charged by the Agency Bank.

(iii) Govt. Departments attached to the Ministry of Commerce/Food & Civil(iv) Supplies/Textiles & Department of State Govts. /Railways/ Defence etc.(v) Religious, Welfare, Service & Charitable Institutions, if they are

exempted from payment of Income Tax.

Free ofcharge


Item Existing(vi) Cheques issued by Govt. authorities representing subsidy under IRDP &

other Special programmes(vii) Salary payment of teachers employed in Govt. run schools(viii) Blind, physically handicapped, disabled individuals and institutions set

up for their benef its(ix) Cheques deposited by DRDA, Farmers co-operative societies

sponsored by our Bank, Primary Agriculture societies banking with ourbank

(x) Pay orders/drafts for making direct payments to suppliers whiledisbursing loans under Govt. sponsored schemes

(xi) Free collection/remittance for Prime Minister’s relief fund/ChiefMinister’s relief fund/National Defence Fund.

(xii) Dividend warrants, interest warrants and refund orders(xiii) Gift cheques of our Bank are to be issued collected at par(xiv) Collection / discount of pension bills/pension cheques of

pensioners of Central/State Govts. and Armed forces.(xv) Collection/discount of pension bills/cheques of freedom fighters.(xvi) Transactional or service charge for online payment of donation towards

PrimeMinister’s National Relief Fund (PMNRF) using Debit/ Credit cards

Free ofcharge

7. CONCESSIONS REGARDING CREDIT RELATED ITEMS

The concessions regarding reduction/ waivement of Service Charges includinghandling/ processing, upfront, collection, discount charges etc. on also Commission onBank Guarantee and Letter of Credit in case to case basis may be considered as under:

Sl.No.

Concession

i) a. Concession upto 25% may be permitted by Branch Head/Zonal Headsheaded by AGM/DGM & DGM (Credit) Head Office, in case of limit sanctionedwithin their Discretionary Authority or a lower authority. i.e minimum 75% chargesare to be realized.b. Concession upto 50% may be permitted by Zonal Heads (GM)/FGM/GeneralManager (Credit) Head Office in case of limits sanctioned by themselves/ orsanctioned by a lower authority.c. Concession upto 75% may be permitted by the Executive Director in case oflimit sanctioned upto his/her authority or sanctioned by a lower authority i.e.25% of normal charges to be realized.d. Concession upto 100% may be permitted by the MD & CEO/ED (in absence ofMD & CEO) in case of limit sanctioned in all cases including himself and thosesanctioned by MCBOD. However, for the limit sanctioned by MCBOD reporting willbe made to the MCBOD within 60 days.

Sl.No.

Concession

ii) Concessional charges @ 25% of normal charges on Guarantee/s fully securedby Cash/FDR (normal rate) may be realized subject to minimum charge ofRs.717 (Rs.205+ Rs.512). Since it is a concessional facility, no further concessionwould be permitted at field level.

iii) Concessional charges @ 50% of normal charges for Guarantees issuedby the Bank against counter Guarantee of State Government/CentralGovernment/Prime Bank will be allowed.

iv) a) Service Charges viz. processing fees, upfront fees, mortgage charges anddocumentation charges in the accounts having limit up to Rs.5 lac underagriculture/priority sector credit only may be waived by the respective ZonalHeads to the extent of 100%.

b) In the accounts having limits above Rs.5 lac under agricultural/priority sectorcredit above service charges may be waived by the respective Zonal Heads tothe extent of 50%.

v) For waiver of prepayment charges, in case it is sanctioned by Branch/ZonalOffice, permission from Zonal Office/FGM Office/ Head Office will be obtained.In case the loan is sanctioned by FGMO/Head Office, such waiver will beconsidered by respective sanctioning authority.

vi) Service Charges will not be realized if specifically mentioned in any ofBank’s/RBI/Govt. Schemes/Guidelines.No Charges will be realized for Staff Loans. However out of pocket chargeswill be realized on actual basis.


servicecharges · 13. indo-nepal neft remittance charges (i) for beneficiaries maintaining...

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