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The determination of establishing the Financial independence has led to the foundation and framework of Nagrik Sahakari Bank.
Service Tax

Details of service charges for various kinds of services delivered at present

Sr. No

Type of Services (details )

Amount of service tax

(1)

On return of checks deposited to the clearing house for collection of funds without being credited of the account holders of (Savings / member savings / current / CC / OD / loan etc) accounts.

Rs. 50 per check

(2) (A) The checks return expenses in respect to the checks of the bank issued by bank members / customers received by the bank through clearing houses or any other medium and are returned due to insufficient balance in the account.

(A) Current / CC / OD - Rs. 200 / - per check. Saving / Member Savings Account - Rs. 100 / - per check.

 

(B) In the absence of sufficient balance in the account payment if returned without the ECS debit entry, the ECS debit entry charges should be deposited in the respective accounts.

(B) Return charges of the debit entry in the accounts of all types - Rs 300 / -

(3) Taking into consideration the rate of issuing check books in other banks, on issuing MICR check book, following issue charge debit will be applicable  
  (1) Current / CC / OD accounts Rs. 2 per check

 

(2) Savings / member savings accounts

30 Leaf Free in a year. Thereafter Rs 2 / - per leaf

(4)

On certification by all account holders of their signatures

Savings account holder Rs. 20 / -

Other account holder Rs. 50 / -

(5) On issuance solvency certificate

(1) Up to turnover of Rs 5 lakh- 200 / -

(2) Rs 5 lakh above and Rs. Upto the Turnover of 10 lakh - to Rs 500 / -

(3) Rs 10 lakh above and Up to the turnover of Rs 25 lakh-Rs 1000 / -

(4) on a turnover of more than Rs 25 lakh - Rs 0.60 pasise per thousand

Tip:- In cases of more than Rs 50 lakh, it is necessary to obtain prior approval from headquarters before issuing theSolvency certificate.

(6) On stock payment for any reason by of all types the account holders by issuing check from their respective accounts. Savings Account Rs 20 / -
Current / CC / OD Account - Rs. 50 / -
(7) The minimum amount to open an account
(1) Savings Account
Without checkbook Rs. 250/-
With checkbook Rs. 1000/-
(2) current account Rs. 5000/-


(8) For issuance of duplicate passbook Rs. 50
(9) On closing the account within one year of the date of opening Savings account
On closing before 6 months Rs. 100
On closing before 12 months Rs. 50
Current accounts
On closing before 6 months Rs 200
(10) No dues Certificate Rs 50
(11) On demand of printed Re-statement of current or savings account by account holder service charge per page. Rs 5
(12) Quarter current account incidental charges / CC. Account /OD Account. Rs 100 per month
(13) Service charges on issuance of duplicate receipts with Indemnity bond. Rs 20
(14) Service charge per entry in case of balance less than the minimum amount. Savings account Rs.20
current account Rs. 100
(15) Service charges on account of OBC Check being returned without payment Up to Rs 500,000 / - a minimum of Rs. 50 / - above that on addition of per Rs. 10000 / - Rs. 10 / -in that rate to a maximum value of Rs. 150 / -
(16) IBC service charge - service charges other than draft Commission Rs. 50 + draft commission

(17) Charge / commission for making draft / pay slip

No Amount At present
By medium of deposits By cash

(1)

From Rs.1to Rs.1000

15/- 15/-

(2)

From Rs.1000 to Rs.10000

20/- 25/-

(3)

More than 10001

1.50 per thousand maximum value 20/-

2/- per thousand, maximum value 25/-

Note:-
(A) On cancellation of demand draft / pay slip by the customer,50 percent of the nominal commission mentioned the above table number (17), that is half the charge shall be charged.
(B) For duplicate draft / pay order, along with indemnity bond commission will be charged as mentioned in the table above.

(18) When the account is operational the account service charges / Incidental charge shall be charged according to the above mentioned rules.

At present, following service charges / incidental charges are fixed:

Service charges / incidental charges are fixed at present
Sr No. (Details) Types of Services

Amount of service tax applicable from date 31.01.2018

(1)

Unorganized savings accounts (excluding member savings accounts)
If the savings account is operated from an inoperative category, or if the account is closed -
(Rs. 250 / - Unoperative Charges debit cards should be written annually.) Note - If the balance is less than Rs. 250 / - in the account, then the remaining amount will be debited in the incumbent of the Accredited Charges and the information will be given to the account holder.
Rupee. 250 / - Unoperative Charges debit should be written.

(2)

In Operatinal current accounts
If the current account is operated from an inoperative category, or if the account is closed -
Rs. 500 / - Unoperative Charges debit should be written. Note - If the account has a balance of less than Rs.500 / - then the remaining total amount will be debited in the incurring annexure charges. The notice will be given to the account holder.
Rupee. 500 / - Unoperative Charges debit should be written.

(19) Locker Rentals: -

Number Details Applicable from Date 10.01.2013 (excluding tax)
Locker rent Term

(1)

Small

800/- 10000/-

(2)

Medium

1600/- 15000/-

(3)

Large

3000/- 25000/-

(20) The bank guarantee: -

Present
(1) 100% secured bank guarantee on mortgage of term deposit Rs. 6 per thousand per year
(2) On Real estate mortgage, with 25% cash margin Rs. 20 per thousand per year

(21) Loan processing fee

Sr No. Loan amount Processing fees
(1) Amount Up to 30000 Rs.30
(2) Amount Up to 50000 Rs. 100
(3) Amount Up to 1,00,000 Rs. 200
(4) Amount Up to 3,00,000 Rs. 500
(5) Amount Up to 5,00,000 Rs. 700
(6) Amount more than 5 lakh but up to 25 lakh
(a)CC/ OD loans                                               
(b) Term loans (T/L)
Minimum Rs. 1500/- + above 5 lakh 0.2% per Lakh maximum Rs. 5500/-
(7)

Amount more than 25 lakh and less than 100 lakhs
(a)CC/ OD loans  

(b) Term loans (T/L)

Minimum Rs. 5500/- + above 25 lakh 0.125% per Lakh maximum Rs. 14800/-
(8) Amount more than 100 lakh
(a) CC/ OD
(b) Term loans (T/L)
Minimum Rs. 14800/- + above 100 lakh 0.075% per Lakh maximum Rs. 29000/-

(22) Investigation fees on Jewellery mortgage loans: -

Loan Amount Fees charged to the customer The amount to be paid to the goldsmith
Up to Rs. 50,000 Rs. 200/- Rs. 100/-
From Rs. 50,001 to Rs.1,00,000 रू 400/- Rs. 200/-
More than Rs 1,00,000 Rs. 4/- प्रति हजार Rs. 2/- प्रति हजार

Fee for (NEFT / RTGS)

N0.   Amount Fees
(1) NEFT Up to 1 lakh blank
(2) NEFT 1 lakh above Rs. 10 per NEFT
(3) RTGS 2 lakh to 5 lakh Rs. 15 per RTGS
(4) RTGS 5 lakh above Rs. 50 per RTGS / per Form

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