Summary of schedule of charges
Rates at a quick glance as on 3rd May 2011
DEPOSIT ACCOUNTS
1. Savings Bank Account
w.e.f. May 03, 2011
| Nature | Rate of Interest | Minimum Balance |
| A. Domestic | ||
| a. With cheque book facility | 4.00 % |
* |
| b. Without cheque book facility | No such facility | No such facility |
| c. No Frills Account | 4.00 % | Rs. 500 |
| B. Non Resident | ||
| a. NRO | 4.00 % | * |
| b. NRE | 4.00 % | * |
* Please refer our db Savings Booklet on Schedule of Service Charges for details
Please note:
- The interest on Savings Bank Accounts will be paid at half yearly intervals i.e. on 30th June & 31st December every year.
2. Term Deposits
Domestic / NRO Fixed Deposit Rates
w.e.f. January 25, 2012
| Tenure | Interest Rate per annum (%) | |||
| < Rs. 15 lakh | Rs. 15 lakh to < Rs. 50 lakh | Rs. 50 lakh to < Rs. 2 crore | Rs. 2 crore to Rs. 4.99 crore | |
| 7 - 14 Days | - | 5.50 | 5.50 | 5.50 |
| 15 - 29 Days | 6.50 | 6.50 | 6.50 | 6.50 |
| 30 Days | 6.75 | 6.75 |
6.75 |
6.75 |
| 31 - 45 Days | 6.75 | 6.75 | 6.75 | 6.75 |
| 46 - 59 Days | 6.75 |
6.75 |
6.75 | 6.75 |
| 60 Days | 7.10 | 7.10 | 7.10 | 7.10 |
| 61 - 89 Days | 7.10 | 7.10 | 7.10 | 7.10 |
| 90 Days | 7.25 | 7.25 | 7.25 | 7.25 |
| 91 - 99 Days | 7.10 | 7.10 | 7.10 | 7.10 |
| 100 Days | 7.10 | 7.10 | 7.10 | 7.10 |
| 101 - 180 Days | 7.10 | 7.10 | 7.10 | 7.10 |
| 181 - 270 Days | 7.10 | 7.10 | 7.10 | 7.10 |
| 271 Days - 1 Yr | 7.60 | 7.60 | 7.60 | 7.60 |
| > 1 Yr - 1.5 Yrs | 7.60 | 7.60 | 7.60 | 7.60 |
| > 1.5 Yrs - 2 Yrs | 7.60 | 7.60 | 7.60 | 7.60 |
| > 2 Yrs - 3 Yrs | 8.50 | 8.50 | 8.50 | 8.50 |
| > 3 Yrs - < 5 Yrs | 8.50 | 8.50 | 8.50 | 8.50 |
| 5 yrs | 8.75 | 8.75 | 8.75 | 8.75 |
Please note :
- No interest is payable for deposits withdrawn prematurely before 7 days.
- For premature withdrawal of fixed deposits less than INR 15 lakh, on 15th day or thereafter, a penal rate of 1% would be charged, i.e., the interest applicable for the period for which the deposit has run less applicable penalty.
- For premature withdrawal of fixed deposits greater than or equal to 15 lakh, on 7th day or thereafter, a penal rate of 1% would be charged, i.e., the interest applicable for the period for which the deposit has run less applicable penalty.
- Minimum fixed deposit amount is Rs. 20,000.
- Interest Rates are subject to change without prior notice.
NRE Fixed Deposit Rates
w.e.f. December 23, 2011
| Simple FD (Payable Quarterly) | Interest Rate per annum (%) |
| 1 year up to 2 years | 7.60 |
| > 2 years up to 3 years | 8.50 |
| 3 years | 8.50 |
- Initial minimum fixed deposit size is Rs. 20,000.
- Premature withdrawal
- Less than 1 year: no interest.
- 1 year and above: the rate applicable for the period for which the deposit has run or the contracted rate, whichever is lower, less 1%penalty for the premature withdrawal.
- Interest rates are subject to change without prior notice.
LOANS
| Loan Type | Loan TypeRate of Interest | Processing Charges | Administration Fees |
| 1. Housing Loan | NIL | up to 1% of the loan amount | |
| A. Floating Category | |||
| Upto 5 years | 12.50% | ||
| More than 5 years & upto 10 years | 12.50% | ||
| More than 10 Yrs | 12.50% | ||
| B. Fixed Category | |||
| Up to 3 years | 13.50% | ||
| Up to 5 years | 14.00% |
CHARGES
1. Lockers
| Locker Type | A | B | C | D | F |
| Annual Rent | Rs. 6,000 | Rs. 8,000 | Rs. 12,000 | Rs. 15,000 | Rs. 20,000 |
| One Time Administration Charge | Rs. 250 | Rs. 250 | Rs. 250 | Rs. 250 | Rs. 250 |
2. Debit Cards : International Debit Card
Classic Annual Fees of Rs. 100*
Gold Annual Fees of Rs. 500*
Platinum Annual Fees of Rs. 1000 **
Signature Annual Fees of Rs. 2000#
3. Drafts/TT/MT
Issuance :
For DB locations : Rs. 2.50 per Rs. 1,000 (Minimum Rs. 150 and Maximum Rs. 5,000)*
For non-DB locations : Rs. 3.50 per Rs. 1,000*
Cancellation : Rs. 125*
4. Outstation cheque collection
At DB locations : Rs. 3.00 per Rs. 1,000 (Minimum Rs. 55 and Maximum Rs. 5,500)*
At non-DB locations : 0.75% (Minimum Rs. 65+ Courier Charges)*
5. NEFT Money Transfer: Free
6. RTGS Money Transfer: Rs. 200 per transaction*
7. Cheque return charges
| a. Cheque issued and returned for financial reasons | : | Rs. 350 (per instrument)* |
| b. Cheque issued and returned for technical reasons | : | Free |
| c. Cheque deposited and returned (Local) | : | Rs. 100 (per instrument)* |
| d. Cheque deposited and returned (Outstation) | : | Rs. 300 (per instrument)* |
8. Cheque Book Issue: Free
9. No Dues Certificate: Free
*The charges are applicable depending on the type of DB account held. Service Tax is applicable on these Fees.
** This card is free for Advantage Banking customers with relationship value > Rs. 10 lakhs. In case customers are unable to retain this status, charge will be levied from subsequent billing cycle.
# This card is free for Private Banking customers with relationship value > Rs. 20 lakhs. In case customers are unable to retain this status, charge will be levied from subsequent bill cycle.
