| Average Monthly Balance (AMB) |
|
Rs. 10,000 / 5,000 |
Rs. 20,000 / 10,000 |
Rs. 50,000 |
Rs. 1,00,000 |
| ^# Applicable also to the various versions of Edge/ Pro/Ace/Platina/Nova /Classic from erstwhile ING Vysya Bank sourced after 31st March 2015. For details of these variants refer footnotes. |
| Non Maintenance Charge (NMC) - Monthly |
If AMB. <=50% of required Product AMB |
Rs. 450 / 350 |
Rs. 500 / 450 |
Rs. 550 |
Rs. 550 |
| If AMB >50% of required Product AMB but less than product AMB |
Rs. 350 / 250 |
Rs. 400 / 350 |
Rs. 450 |
Rs. 450 |
| Fund Transfers |
NEFT / RTGS / Fund Transfer (Through Netbanking / Mobile Banking) |
Nil Charges |
Nil Charges |
Nil Charges |
Nil Charges |
| NEFT / RTGS done through branch |
For NEFT : Upto 10,000: Rs. 2.50; 10,001 to 1,00,000:
Rs.5; 1,00,001 to 2,00,000:
Rs.15; > 2,00,000: Rs. 25 For
RTGS: 2,00,001 to 5,00,000:
Rs. 25; > 5,00,000: Rs. 50 |
Nil Charges |
Nil Charges |
Nil Charges |
| IMPS |
Up to 10,000: Rs. 5;
10,001 to 1,00,000: Rs. 5;
1,00,001 to 2,00,000: Rs. 15 |
Nil Charges |
Nil Charges |
Nil Charges |
| Cash Transactions |
Cash Transaction at Branch / Cash Deposit Machine
(CDM) (Deposit or withdrawal) |
Nil Charges upto 4 transactions or 2 lac / month , whichever is earlier. Post these limits, charged at Rs 3.5 / 1000 (Minimum Rs 150) |
Nil Charges upto 5 transactions or 3 lac / month whichever is earlier. Post these limits, charged at Rs 3.5 / 1000
(Minimum Rs 150) |
Nil Charges upto 10 transactions or 5 lac / month whichever is earlier. Post these limits, charged at Rs 3.5 / 1000
(Minimum Rs. 150) |
Nil Charges upto 10 transactions or 5 lac/ month whichever is earlier. Post Nil Charges limits, charged at Rs 3.5 / 1000 (Minimum Rs. 150) |
| Debit Card / ATM Charges |
Debit Card Charges |
Debit Fees as per Debit Card GSFC tailed below |
|
|
|
| Kotak Bank's ATM Financial / Non Financial Transactions |
Nil Charges |
Nil Charges |
Nil Charges |
Nil Charges |
| Other Domestic ATMS - Financial / Non Financial Transactions ## |
Nil Charges upto 5 Transactions; thereafter Rs. 20 / per Financial Transactions & Rs. 8.5 / per Non Financial Transactions |
Nil Charges |
Nil Charges |
Nil Charges |
| Declined Transactions due to insufficient balance |
Rs.25 / Transaction |
Rs.25 / Transaction |
Rs.25 / Transaction |
Rs.25 / Transaction |
| Cash Withdrawal / Balance Enquiry at International ATM + |
Rs.150 / Transaction |
Rs.150 / Transaction |
Rs.150 / Transaction |
Rs.150 / Transaction |
| DD / Pay order / Cheque Book |
DD / Pay Order |
Rs.2.5 / 1000
(Min 50, Max 10,000) |
Nil Charges upto 100K; Post these limits (Rs.2.5 / 1000 (Min 50, Max 10000) |
Nil Charges |
Nil Charges |
| FCY DD / TT / Cheque Collection / Revalidation / Cancellation / FCY Cheque Deposited and Return |
Rs. 500 |
Rs. 500 |
Rs. 500 |
Rs. 500 |
| At-par Cheque Book Charges |
25 Chq leaves Nil Charges / Qtr; Thereafter Rs.3 / cheque leaf. |
100 Chq leaves Nil Charges / Qtr; Thereafter Rs.3 / cheque leaf. |
100 Chq leaves Nil Charges / Qtr; Thereafter Rs.3 / cheque leaf. |
100 Chq leaves Nil Charges / Qtr; Thereafter Rs.3 / cheque leaf. |
| ECS / Cheque Issued & Returned (due to non availability of funds) |
Rs.500 / instance |
Rs.500 / instance |
Rs.500 / instance |
Rs.500 / instance |
| ECS Mandate Verification |
Rs.50 / instance |
Nil Charges |
Nil Charges |
Nil Charges |
| SI Failure |
Rs.100 / instance |
Rs.100 / instance |
Nil Charges |
Nil Charges |
| Cheque deposited and returned (INR) |
Rs.100 / instance |
Rs.100 / instance |
Rs.100 / instance |
Rs.100 / instance |
| Branch Requests |
Duplicate Ad-hoc statement Balance & Interest Statement Foreign Inward Remittance Certificate, Duplicate Passbook Duplicate TDS Cerificate Through Branch or any other Record Retrieval Stop Payment - Single / Range of cheque thru branch DD / PO / BC Revalidation / Cancellation ( INR); Tax Collection thru branch; Regeneration of Pin ( sent through courier; Annual Combined Statement-Physical; Monthly Physical Statement |
Rs. 100 / Request |
Nil Charges |
Nil Charges |
Nil Charges |
| Home Banking |
Cash Or Instrument Pick Up / Delivery |
Rs. 150 per visit |
Nil Charges for 2 Calls / month, thereafter Rs.150 per visit |
Nil Charges for 5 Calls / month, thereafter Rs.150 per visit |
Nil Charges for 10 Calls / month, thereafter Rs.150 per visit |
| Family Banking |
|
NA |
NA |
Upto 3 Additional NMC waived Family member accounts under "My Family" |
Upto 3 Additional NMC waived Family member accounts under "My Family" |
| Statements & Alerts |
Statements |
Email Statement (Monthly): Nil Charges; Physical Statement (Quarterly): Nil Charges |
Email Statement (Monthly): Nil Charges; Physical Statement (Quarterly): Nil Charges |
Email Statement (Monthly): Nil Charges; Physical Statement (Quarterly): Nil Charges |
Email Statement (Monthly): Nil Charges; Physical Statement (Quarterly): Nil Charges |
| Balances and Transaction & Value added alerts (Daily / Weekly) |
Daily SMS Rs. 30 / Qtr / Weekly SMS Rs. 15 / Qtr. |
Daily SMS Rs. 30 / Qtr / Weekly SMS Rs. 15 / Qtr. |
Daily SMS Rs. 30 / Qtr / Weekly SMS Nil Charges |
Daily SMS 30 / Qtr / Weekly SMS Nil Charges |
| Other Charges |
TODCheque Purchase charges Account Closure charges: (if closed after 1 month & before 6 months of A/C opening) |
TOD: Rs.500; Cheque Purchase
Charges: 0.5 / 1,000
(Min 50; Max 10,000);
Account Closure charges: 600 |
TOD: Rs.500; Cheque Purchase
Charges: 0.5 / 1,000
(Min 50; Max 10,000);
Account Closure charges: 600 |
TOD: Rs.500; Cheque Purchase
Charges: 0.5 / 1,000
(Min 50; Max 10,000);
Account Closure charges: 1,200 |
TOD: Rs.500; Cheque Purchase
Charges: 0.5 / 1,000
(Min 50; Max 10,000);
Account Closure charges: 1,200 |
| Complimentary Services |
Passbook (in lieu of Account Statement) Current Year Balance and interest statement Signature Verification Certificate Photo Attestation Address Confirmation |
Nil Charges |
Nil Charges |
Nil Charges |
Nil Charges |
| GST on Foreign Currency Conversion Charges (FCY) ~ |
Edge/Nova*^ |
Pro/Classic*^ |
Ace*^ |
Platina*^ |
| Value of purchase or sale of Foreign Currency |
Value on which GST rate will be applicable |
SAEDG (Profile Product Code 1027) EDGE SAVINGS ACCOUNT |
SAPRO (Profile Product Code 1029) PRO SAVINGS ACCOUNT |
SAACE (Profile Product Code 1030) ACE SAVINGS ACCOUNT |
SAPLT (Profile Product Code 1031) PLATINA SAVINGS ACCOUNT |
| Up to Rs 1,00,000 |
1% of the gross amount of currency exchanges or minimum of Rs.250/- |
SANOV (Profile Product Code 1026) NOVA SAVINGS ACCOUNT |
SACLS (Profile Product Code 1028) CLASSIC SAVINGS ACCOUNT |
SAGAC (Profile Product Code 1036) GRAND ACE SAVINGS ACCOUNT |
SAGPL (Profile Product Code 1037) GRAND PLATINA SAVINGS ACCOUNT |
SAGED (Profile Product Code 1033) GRAND EDGE
SAVINGS ACCOUNT |
SAGPR (Profile Product Code 1035) GRAND PRO
SAVINGS ACCOUNT |
SAJAC (Profile Product Code 1048) MY JUNIOR ACE
SAVINGS ACCOUNT |
SAJPL (Profile Product Code 1049) MY JUNIOR PLATINA SAVINGS ACCOUNT |
| Above Rs.1,00,000/- to Rs.10,00,000/- |
1000 + 0.50% of the gross amount of currency exchanged less 1,00,000. |
SAGNO (Profile Product Code 1032) GRAND NOVA SAVINGS ACCOUNT |
SAGCL (Profile Product Code 1034) GRAND CLASSIC SAVINGS ACCOUNT |
SASAC (Profile Product Code 1042) SILK ACE SAVINGS ACCOUNT |
SASPT (Profile Product Code 1043) SILK PLATINA SAVINGS ACCOUNT |
| Above Rs.10,00,000/- |
Rs.5500/- + 0.10% of the gross amount of currency exchanges less 10,00,000 subject to maximum of Rs.60,000/- |
SAJED (Profile Product Code 1045) MY JUNIOR EDGE SAVINGS ACCOUNT |
SAJPR (Profile Product Code 1047) MY JUNIOR PRO
SAVINGS ACCOUNT |
|
|
| SAJNO (Profile Product Code 1044) MY JUNIOR NOVA SAVINGS ACCOUNT |
SAJCL (Profile Product Code 1046) MY JUNIOR CLASSIC SAVINGS ACCOUNT |
|
|
|
|
SASED (Profile Product Code 1039) SILK EDGE SAVINGS ACCOUNT |
SASPR (Profile Product Code 1041) SILK PRO SAVINGS ACCOUNT |
|
|
|
|
SASNO (Profile Product Code 1038) SILK NOVA SAVINGS ACCOUNT |
SASCL (Profile Product Code 1040) SILK CLASSIC SAVINGS ACCOUNT |
|
|
| Particulars |
Edge / Nova |
Pro / Classic |
Ace |
Platina |
| Debit Card Annual Charges |
Classic Debit Card Primary |
Rs. 150 |
Nil Charges |
Nil Charges |
Nil Charges |
| Classic Debit Card Add On |
Rs. 150 |
Rs. 150 |
Nil Charges |
Nil Charges |
| Silk Classic Debit Card Primary |
Rs. 150 |
Rs. 250 |
Nil Charges |
Nil Charges |
| Gold Debit Card Primary |
Rs. 500 |
Nil Charges for 1st year, thereafter Rs. 250 p.a |
Nil Charges |
Nil Charges |
| Gold Debit Card Add on |
Rs. 500 |
Rs. 500 |
Nil Charges |
Nil Charges |
| Platinum Debit Card Primary |
Rs. 750 |
Nil Charges for 1st year, thereafter Rs. 250 p.a |
Nil Charges |
Nil Charges |
| Platinum Debit Card Add On |
Rs. 750 |
Rs. 750 |
Nil Charges |
Nil Charges |
| World Debit Card (available for ING Vysya Variants Only) |
Rs. 750 |
Nil Charges for 1st year, thereafter Rs. 250 p.a |
Nil Charges for 1st year, thereafter Rs. 250 p.a |
Nil Charges |
| Other Debit Card Related Charges |
Replacement of Lost Debit Card |
Rs. 200 |
Rs. 200 |
Rs. 200 |
Rs. 200 |
| Replacement of Damaged Debit Card |
Nil Charges |
Nil Charges |
Nil Charges |
Nil Charges |
| Image Debit Card Issuance Charge |
Rs. 199 |
Rs. 199 |
Rs. 199 |
Rs. 199 |
| "As per RBI guidelines, Business / Commercial transactions are not permitted in the Savings Accounts. |
| ##Cash withdrawal limit from other Domestic ATM is Rs. 10,000 per transaction. |
| Transaction and Value Added SMS alerts would be sent at Nil Charge to the customers who have subscribed for Daily / Weekly. Balance Alerts facility. Alerts that have been mandated by RBI as well as alerts which are deemed appropriate by the Bank, will be sent at Nil Charge, even if Daily / weekly Balance SMS alerts facility has not been subscribed. |
| **Indo - Nepal Remittance Scheme (NEFT Charges): |
| If Beneficiary maintains an Account with Nepal SBI Bank Ltd. (NSBL): Rs. 25 per txn (incl all taxes). |
| If Beneficiary does not maintain an Account with Nepal SBI Bank Ltd (NSBL): Upto Rs. 5,000 Rs. 75 per txn & beyond Rs. 5,000 Rs. 100 per txn (incl all taxes). |
| Savings Nova and Savings Classic are available in Rural and Semi-Urban Branches. Service Charges & AMB requirement for 'Savings Account for Minors without Guardian' & 'Synergy Savings Account' will be same as 'Nova Savings Account'. Service Charges for 'Kotak Composite Savings Account' will be same as 'Ace Savings Account'. |
| The Bank will charge cross-currency mark-up of 3.5% on foreign currency transactions carried out on Debit Cards. The exchange rate used will be the VISA / Master Card wholesale exchange rate prevailing at the time of transaction. |
| Charges are exclusive of the Goods and Service Tax (GST). |
| With effect from July 1,2017 the effective Goods and Service tax rate will be 18% on taxable value. The GST rate is subject to change from time to time. |
| +Additional charges levied by another bank on international ATM transactions will also have to be borne by the card holder. |
| The above charges are subject to revision with a prior intimation of 30 days to all account holders. Closure of account due to revision of charges will not be subject to account closure charges. |
| The above charges are applicable for all states other than Jammu & Kashmir. GST is applicable in the State of Jammu & Kashmir. For charges applicable to Jammu & Kashmir please contact the respective Branch Manager. |
| <> Penalty charges. Non-maintenance charges (NMC) is not applicable once the savings account becomes inoperative / dormant. |
| With effect from April 1, 2015: In the event of a default in maintenance of Average Monthly Balance as agreed to between the Bank and customer for the month (referred as Default Month), the Bank will notify the customer clearly of the default and that the Average Monthly Balance for the account has to be met in the subsequent month (referred to as Notice Month). If the AMB is still not maintained in the Notice Month, the NMC (Non Maintenance Charges) for both the Default Month and Notice Month will be recovered in the subsequent month. The Bank may choose to notify by SMS / email / letter. It will be the responsibility of the customer to have a valid email id, mobile number and address updated with the Bank at all times, failing which, customer may not receive the notification/s. The NMC charges will be based on the shortfall observed in the AMB and as specified in the slabs in GSFC. In case of accounts sourced under promotional offering and enjoying conditional NMC waiver, the terms and conditions of such promotional offering shall prevail." |
