General Schedule of Fees and Charges for Stock Ace
Particulars
Type of Account
Product Name
Stock Ace Currenet Account (in Rs.)
Average Quarterly Balance (AQB) in Rs.
25000
REMITTANCES / PAYMENTS
Demand Draft / Banker's Cheque
Payable at Branch Locations
Free 25 DD/ BC p.m.;
thereafter 1/1000
(Min 40 Max 5000)
Payable at Non - branch Locations
2/1000 (Min 40 Max 5000)
RTGS
Through Branch
Rs. 15/ txn
Through Net Banking
Free
NEFT
Through Branch
Free
Through Net Banking
Free
Fund Transfer
Branch & Net Banking
Free
Cheque Book
Default Cheque Book is Payable At-par Only
1 Chq Book (50 Leaves) Free p.m.; 2 / leaf
RECEIPTS / COLLECTIONS
Local Cheque
Free
Clearing Out-station Cheque
Drawn at Branch Locations
Free
Drawn at Non - Branch Locations
< 10K: 50 / Chq;
10K - 1L: 25/Chq; >1L: Free
(Plus Other Bank Chrgs)
RTGS
Inward
Free
NEFT
Inward
Free
Fund Transfer
Inward
Free
HOME BANKING
Cheque Pick-up or DD Delivery
40 / Request
On Call Requests
Cash Pick-up or Delivery
< 2L: 200 / Request;
2 - 5L: 300 / Request
Beat Service
Cheque Pick-up
500 p.m.
CASH DEPOSIT & WITHDRAWAL
Cash Deposits
At Home Branch Location
Free upto 2L p.m.;
thereafter 2.5 / 1000
At Non-home Branch Location
4.5 / 1000 ; Min 50 per Txn
(Max 1L / Day w/o approval)
Cash Withdrawal
From Home Branch Location
Free
From Non-home Branch Location
2 / 1000 ; Min 50 per Txn
(Max 3L/Day w/o approval)
AUTOMATED TELLER MACHINE (ATM)
Kotak ATMs
Balance Enquiry
Free
Cash Withdrawal
Free
Other Bank's VISA ATMs - Domestic
Balance Enquiry
Free
Cash Withdrawal
Free 5 transactions per month, thereafter 110 per Txn
Other Bank's VISA
ATMs - International
Balance Enquiry
15 per Txn
Cash Withdrawal
110 per Txn
ATM Txns Declined
Insufficient Funds
25 per Txn
DEBIT CARD
Primary Card
Issuance Fee
Free
Annual Fee
Free for 1st year, therafter 250 p.a.
Supplementary Card
Issuance Fee
250
Annual Fee
250 p.a.
Add-on Card
Issuance Fee
250
Annual Fee
250 p.a.
Replacement of
Debit Card
Lost Card
200
Damaged Card
Free
VISA Global Assist
USD 5
VISA Global Assist
Lost Card
USD 35
POS Txns Declined
Insufficient Funds
25 per Txn
OTHER CHARGES
Account Related
AQB Non - maintenance
NMC
Nil till Stock Ace limit is availed, thereafter 900 per quarter
Account Closure Charges
Nil
Cheque Returns
Cheques Deposited
& Returned / (Outward)
Local
300 per Chq
Out-station
300 per Chq +
Corr Bank Chrgs
Cheques Issued& Returned (Inward)
Financial Reasons
300 per Chq
Technical Reasons
Free
SMS Alerts & Updates
Alerts
Large Debit / Credit
50 per Quarter
Updates
Daily Balance
25 per Quarter
Weekly Balance
Free
Phone Banking
IVR Assisted
Free
Agent Assisted
Free
CHARGES COMMON FOR ALL PRODUCTS
Account Statements
Monthly
Physical / Email
Free
Weekly
Physical
300 per Quarter
By Email
Free
Daily
By Email Only
Free
Ad- hoc Statements
Request
At Branch / Phone Banking
<90 Days: 100
91-365 Days: 200
>365 Days: 1000
On Net Banking, ATM
50
On Mobile Banking
Free (by Email Only)
Standing Instruction
Set-up
50
Execution
Free
Amendment
25
Failure
25
STATEMENT / CERTIFICATE / REPORT ISSUANCE
Balance Statement
Other than 31st March
100
Interest Statement
Duplicate Only
100
TDS Certificate
Duplicate Only
200
Confidential Report
500
Paid Cheque Report
Free
Signature Verification
100
Photo Attestation
300
Solvency Certificate
10,000
Credit Confirmation
500
Foreign Currency Payments & Collections
DD Issuance
500 + FCY
Conversion Chrg
DD Cancellation
500 + FCY Conversion Chrg
DD Revalidation
500
TT Transfer
Corr Bank Chrgs Borne by Beneficiary
250 + FCY Conversion Chrg
Corr Bank Chrgs Borne by Beneficiary
1000 + FCY Conversion Chrg
Cheque Collection
500
Cheque Deposited and Returned
1,000
Cheque Issued and Returned
Financial Reasons
1,000
Cheque Issued and Returned
Technical Reasons
Free
MISCELLANEOUS CHARGES
PIN Regeneration
ATM/ Phone/Net Banking
(if sent through courier)
50
DD/BC Cancellation /
100
Fund Transfer Return
Financial Reasons
300
Technical Reasons
Free
ECS Return
300
Online Tax Payment
Through Net Banking
N.A
Through Branch
N.A
Cheque Purchase
Charges
0.5 / 1000 per Day
Travelers Cheque
Encashment
1% of TC Amount + FCY Conversion Chrg
Foreign Currency
Conversion Charge
100
TOD Charges
500
Stop Payment
Individual or Range
100
Please Note
Average Quarterly Balance is the average balance to be maintained in your account in a quarter. It is not the lowest/minimum balance in your account on any given day
Kotak Mahindra Bank levies Non-Maintenance Charge (NMC) in case Average Qty balance in the account is not maintained. NMC is NIL till the time the Stock Ace limits are availed in the current account.
The above current charges; subject to change by Kotak Mahindra Bank are applicable until the Stock Ace limits are available in the account. Thereafter, all charges applicable to Edge Current account shall be applicable on this account. For details of all applicable charges, please refer the General Schedule of Features & Charges available at our branch or website www.kotak.com