Service Charges & Fees

1860 266 2666

Local call rates apply

  • General Schedule of Features and Charges for Jifi Saver Account (Effective 1st January, 2017)
    ParticularsJIFI Saver(with effect from January 1st 2017)
    Average Monthly Balance (AMB)10,000
    REMITTANCE
    DD at Branch Location / Pay Order2.5 per 1000 (Min 50 Max 10000)
    DD at other than Branch Location2.5 per 1000 (Min 50 Max 10000)
    DD/Pay Order by Cash Payment
    (Applicable for customers not having a Savings Account)
    NA
    FCY DD ~500
    FCY TT - Corr. Bank Charges borne by beneficiary ~250
    FCY TT - Corr. Bank Charges not borne by beneficiary ~1,000
    Fund TransferFree
    NEFT (Per Transaction) **Thru Net - Free
    Thru Branch - Upto 10000: 2.50; 10001 to 100000:5; 100001 to 200000:15; > 200000 : 25
    RTGS (Per Transaction)Thru Net - Free
    Thru Branch - 200001 to 500000 : 25; > 500000 : 50
    IMPS (Per Transaction)Free
    COLLECTION
    Local Clearing ChequeFree
    Outstation Cheque Collection Charges - Branch Location (Per Instrument)Cheques drawn on Non-Speed Clearing Locations :
    Instrument value upto. 500 - Free; >500 to
    5,000 - 20; >5,000 to 10,000 - 35; >10,000 to
    1,00,000 - 85; >1,00,000 - Free
    Cheques drawn on Speed Clearing Branches : (Irrespective of any value) : Free
    Outstation Cheque Collection Charges - Other than Branch Location (Per Instrument)Cheques drawn on Non-Speed Clearing Locations :
    Instrument value upto. 500 - Free; >500 to
    5,000 - 20; >5,000 to 10,000 - 35; >10,000 to
    1,00,000 - 85; >1,00,000 - Free
    Cheques drawn on Speed Clearing Branches: (Irrespective of any value) : Free
    FCY Cheque Collection ~500
    CASH TRANSACTION RELATED CHARGES
    Cash Deposit at Home / Non Home LocationFree upto 5 txn per month Or Rs.7.5 lac pm
    Thereafter, 3.5 per 1000 (Min Rs. 100)
    Cash Withdrawal at Home/Non Home LocationFree
    CHEQUE/ECS RELATED CHARGES
    At-par Cheque Book Charges*#Free upto 25 leaf per quarter. Thereafter,1.5 per cheque leaf (Min 10 leaves in one cheque book)
    ECS Return / Cheque Issued & Returned (Financial Reason) <>350 for first return in a month thereafter 750 for each additional return in the same month
    Cheque Issued & Returned (Technical Reason) <>Free
    Cheque Deposited & Returned (INR) <>100
    Cheque Deposited & Returned (FCY) <>1,000
    DEBIT CARD ISSUANCE CHARGE
    Classic Debit Card - Issuance ChargeNA
    Gold Debit Card - Issuance ChargeNA
    Platinum Debit Card - Issuance ChargeFree
    DEBIT CARD ANNUAL CHARGE
    Classic Debit Card - Primary150
    Classic Debit Card - Add-On250
    Gold Debit Card - Primary500
    Gold Debit Card - Add-On500
    Platinum Debit Card - Primary99 p.a.
    Platinum Debit Card - Add-On750
    Silk Classic Debit Card - PrimaryNA
    ATM TRANSACTION CHARGES
    Cash Withdrawal/Balance Enquiry at Kotak Bank's ATMFree
    Cash Withdrawal/Balance Enquiry at other Domestic ATM##5 txn per month Free, thereafter Cash Withdrawal - 20.00 / txn. Balance Enquiry - 8.50 / txn.
    Cash Withdrawal at International ATM +150
    Balance Enquiry at International ATM +25
    Visa Global Assist ChargesUSD 5
    Visa Global Assist Charges for lost CardUSD 35
    Transactions declined at other bank ATMs due to insufficient balance <>25 per transaction
    HOME BANKING CHARGES
    Cash Pick-up / DeliveryNA
    Instrument Pick-up / DeliveryNA
    STANDING INSTRUCTION
    Standing Instruction - Set-up100
    Standing Instruction - Amendment25
    Standing Instruction - ExecutionFree
    Standing Instruction - Failure <>100
    CERTIFICATE & REPORT ISSUANCE CHARGES
    Current Year Balance and Interest StatementFree
    Previous Year Balance and Interest Statement100
    Signature Verification Certificate25
    Photo Attestation50
    Address Confirmation50
    Foreign Inward Remittance Certificate100
    Duplicate TDS Certificate100
    ACCOUNT STATEMENT & PASSBOOK
    Physical Account Statement (Quarterly)Free
    Monthly E-mail Account StatementFree
    Account Statement Weekly (Physical)100 Per Month
    Account Statement Daily (Physical)500 Per Month
    Annual Combined Statement (Physical)Through Net Banking : Free, Through Branch : 85; Through Phone Banking : 110
    Duplicate /Ad-hoc Statement Branch Banking (90 days)Through Branch : 100; Through Net/ATM : 50
    Pass Book (In Lieu of Account Statement)Free
    Duplicate Passbook250
    OTHER CHARGES
    Contact centre chargesNA
    Non Maintenance Charge (Monthly) <>If AMB > 50% but less than required AMB: Rs.350;
    AMB less than 50%:Rs. 450
    Charges If AMB Maintained is less than or equal to 75% of stipulated requirement # <>Standard charge applicable (irrespective of free limit for each product) for Cheque leaf, DD/BC, Decline in ATM/POS transaction due to insufficient balance.
    Additional charges Phone Banking @ 50 per call, Classic/Gold Debit Card @ 25 pm, Platinum Debit Card @ Rs. 50/ pm and Cash Deposit @ 4 per 1000.
    DD / PO / BC Revalidation / Cancellation - INR100
    DD Revalidation / Cancellation - FCY ~500
    Regeneration Of PIN (ATM / Phone / Net)50 (sent through courier)
    Replacement of a damaged Debit Card (for all card types)Free
    Replacement of a lost Debit Card (for all card types)200
    Stop Payment - Single / Range of Cheques100; Free Over Net Banking
    Account Closure (if closed after 1 month and before 6 months of A/C opening)600
    Daily Balance and Transaction & Value added alertsSMS - 30 per qtr Email-Free
    Weekly Balance and Transaction & Value added alertsSMS - 15 per qtr Email-Free
    Tax Collection Charge through Internet BankingFree
    Tax Collection Charge at Branch100
    TOD Charges500
    Cheque Purchase Charges0.5/1000 (Min 50 Max 10000)
    Record Retrieval Charges100 per request
    Activation of Inoperative AccountFree
    Service Tax on Foreign Currency Conversion Charges (FCY) ~
    Value to purchase or sale of Foreign CurrencyService Tax Amount w.e.f. June 01, 2016
    Up to Rs. 1,00,0000.150% of the gross value orRs. 37.50, whichever is higher
    Above Rs. 1,00,000 to Rs.10,00,000Rs. 150 plus 0.0750% of the amount exceeding Rs. 1 Lakh
    Above Rs. 10,00,000Rs. 825 plus 0.0150% of the amount exceeding Rs. 10 Lakhs, subject to Maximum of Rs. 7500