Aryavart Gramin Bank

Erstwhile Aryavart Gramin Bank, a Regional Rural Bank, was

constituted on 3rd October 2006 after amalgamation of three
Regional Rural Banks (RRBs) namely Avadh Gramin Bank,
Barabanki Gramin Bank and Farrukhabad Gramin Bank as per
Government of India notification no. F.No.1/4/2006-RRB dated
03-10-2006. The said three RRBs were sponsored by Bank of
India and had location proximity. Like the parental bodies, the
amalgamated entity functions under Regional Rural Banks’ Act 1976 and was sponsored by
Bank of India.
The erstwhile Avadh Gramin Bank was constituted on 07-06-1977 under Regional Rural Banks’
Act 1976 vide Government of India’s notification no. F-1/77-RRB (III) dated 07-06-1977 as
Hardoi-Unnao Gramin Bank. The name was subsequently changed to Avadh Gramin Bank on
04-12-1987 after inclusion of Lucknow district under area of operation of the Bank, vide
Government of India’s notification no. F 1-27/84-RRB dated 04-12-1987. It had 120 branches at
the time of amalgamation on 03-10-2006.
The erstwhile Barabanki Gramin Bank was constituted on 26-03-1976 under Regional Rural
Banks’ Act 1976 vide Government of India’s notification no.dated 26-03-1976. It had 92
branches at the time of amalgamation on 03-10-2006.
The erstwhile Farrukhabad Gramin Bank was constituted on 29-03-1976 under Regional Rural
Banks’ Act 1976 vide Government of India’s notification no. F 4-90/75-AC(I) dated 29-03-1976.
It had 81 branches and 1 extension counter at the time of amalgamation on 03-10-2006.
Types of Account:
 Savings Account
 Current Account
 Recurring Account(For 10 years)
 Monthly income certificate
 Fixed Deposit(For 10 years)
 Share Deposit(upto 6 months)
 Double Benefit Deposit(For 10 years)

Document required for opening an account in the Aryavart Gramin Bank:

 3 photos
 Opening account card
 Address proof
 Identity proof
 KYC(Know Your Customer Form)
INTEREST RATES FOR DOMESTIC RUPEE TERM DEPOSITS (interest in % p.a.)

For deposits less For deposits Rs.15 For deposits of Rs.1

than Rs.15 Lakh Lakh and above but crore and above
less than Rs.1 crore

Maturity Period (w.e.f. 24-01-2013) (w.e.f. 24-01-2013) (w.e.f. 24-01-2013)

1 07 to 14 days * 4.50 4.50 4.50

2 15 to 30 days 5.00 5.00 5.00

3 31 to 45 days 6.50 6.50 7.00

4 46 to 90 days 7.00 7.25 7.50

5 91 to 179 days 7.25 7.50 8.00

6 180 to 269 days 8.25 8.25 8.75

7 270 to 364 days 8.25 8.75 8.75

1 to less than 2
8 9.00 9.00 9.15
years

9 444 days fixed 9.35 9.35 NA

2 years to less than

10 9.00 9.00 8.50
3 years

3 years to less than

11 8.50 8.50 8.00
5 years

12 5 years 8.75 8.75 7.50

More than 5 years

13 8.75 8.50 7.50
to less than 8 years

8 years to less than

14 8.75 8.25 7.50
10 years

* Minimum deposit of Rs. 1 Lac

For Minimum Deposit of Rs. 1 Lac : For Deposits of Rs.1 Crore and above, the Branches may
refer to Head Office, Planning & MIS Department and obtain rates individually for each deposit
and report acceptance of such deposits to Head Office.

Effective Annualised Rate of Return (Indicative only): In term of RBI’s monetary and credit
policy guidelines to provide information on effective annualized rate of return on deposits of
various maturities, we give here in below the effective annualized rates of return on Bank’s
cumulative deposit schemes under the Reinvestment Plan on quarterly compounding basis:

For deposits less For deposits Rs.15 For deposits of Rs.1

thanRs.15 lakh Lakh and above but crore and above
less than Rs.1 crore
Maturity Rate of Annualised Rate of Annualised Rate of Annualised
Interes Rate of Return Interes Rate of Return Interest Rate of Return
t (%) at minimum of t (%) at minimum of (%) p.a. at minimum of
p.a. the Maturity p.a. the Maturity the Maturity
bucket bucket bucket
(Indicative (Indicative (Indicative
Only) % Only) % Only) %
180 to 269
8.25 8.34 8.25 8.34 8.75 8.85
days

270 to 364
8.25 8.42 8.75 8.94 8.75 8.94
days

1 to less
9.00 9.31 9.00 9.31 9.15 9.47
than 2 years

444 days
9.35 9.76 9.35 9.76 NA -
fixed

2 to less
9.00 9.74 9.00 9.74 8.50 9.16
than 3 years

3to less
8.50 9.57 8.50 9.57 8.00 8.94
than 5 years
5 years 8.75 10.83 8.75 10.83 8.75 10.83

More than 5
years to less 8.75 10.83 8.50 10.45 7.50 9.00
than 8 years

8 years to
less than 10 8.75 12.48 8.25 11.52 7.50 10.15
years

SENIOR CITIZENS
The additional interest rate offered at present to Senior Citizens (Public other than staff) on
their Rupee Term Deposits is as under: On deposits of 6 months and less than 5 years an
additional rate of interest of 0.5% p.a. will be applicable. On deposits of 5 years and above an
additional rate of interest of 0.6% p.a. will be applicable
EDUCATION LOAN

PURPOSE To provide financial assistance to meritorious

scholars for higher education.

ELIGIBILTY Should be citizen of India, such students, who

posses excellent academic record and have
secured minimum 60% marks in their academic
career.

AGE LIMIT Maximum 30 Years.

EXPENSES FOR WHICH  Fee payable to college / school / Hostel.

LOAN MAY BE  Expenses on Boarding / Lodging
CONSIDERED  Examination / Library / Laboratory fee
 Expenses on books / equipments / Implements /
uniform etc

QUANTUM OF FINANCE Maximum Rs.10.00 Lac for education in India

and Rs.20.00 lac for education abroad

MARGIN Upto Rs.4 Lacs NIL

Above Rs.4 Lacs 5%

QUANTUM OF FINANCE As per project cost.

RATE OF INTEREST 12.00% p.a. up to 4 lacs

12.50% p.a. on loans above 4 lac

REPAYMENT In 5 –7 years after getting employment or after

six month of completion of course whichever is
earlier.
KISAN CREDIT CARD

PURPOSE Financial assistance to farmers for crop production and

consumption needs.

ELIGIBILTY Short term cash credit limit for crop production to farmers having
agricultural land and term loan for agriculture and allied activities.

LIMIT / LOAN AMOUNT According to scale of finance of crops to be grown.

MARGIN NIL

RATE OF INTEREST 7% upto Rs. 3,00,000/- (wherever interest subvention is available)

10.50% upto Rs. 50,000/- (wherever interest subvention
is not available)
13.50% above Rs.50,000/- (wherever interest subvention
is not available)

REPAYMENT After harvesting and marketing of produce.

Other Schemes
RURAL HOUSING FINANCE SCHEME

PURPOSE To enlarge coverage of those people who do not have the title
deeds in their names and to redress the problem of Rural Housing
through improved access to housing credit, which would enable
an individual to construct a modest new house to improve or add
to his existing dwelling unit in rural area.

ELIGIBILTY Such people, who are engaged in agriculture, Trade / business and
services etc.

QUANTUM OF FINANCE Construction of House / Additional

Construction: maximum Rs.3,00,000/-
Repairs / Renovation : maximum Rs.50,000/-

MARGIN 25% of the project cost

RATE OF INTEREST 13.00% p.a.

REPAYMENT 5 to 7 years in monthly / Quarterly / Half Yearly equated

installments depending on profession of the borrower.

SOLAR HOME LIGHTING SYSTEM

PURPOSE To overcome the problem of power shortage that is being faced

by the public particularly in rural & semi urban areas and to
exploit the solar energy as much as possible to preserve the fossil
fuel, i.e. coal, oil, gas and to fulfill the need for electricity, the use
of solar energy, for domestic and commercial heating and
lighting, emerged as the most viable and sustainable solutions to
the energy problems. Bank is actively participating in NABARD /
Govt. of India's "Capital subsidy-cum-Refinance Scheme"

ELIGIBILITY Households in rural, semi urban or urban areas, business

establishments, Hospitals, Hotels / Restaurants etc.
QUANTUM OF FINANCE Maximum 85% of the project cost

MARGIN 20% of the project cost, where capital subsidy is available.

SUBSIDY 30% of benchmark cost

RATE OF INTEREST 5% p.a.

REPAYMENT In 5 years in monthly / half yearly installments.

NOTE The Bank plans to engage Business Facilitators to propagate the

scheme, promote financing under it and also to ensure
maintenance of the Solar Home Lighting units with a vision to
provide partial employment to rural youth.

GENERAL CREDIT CARDS

PURPOSE To facilitate the customers in rural & semi urban areas with hassle
fee credit based on the assessment of cash flow without insistence
on security, purpose or end use of the credit.

ELIGIBILTY Such people, who are engaged in agriculture, business / self

employment etc.

QUANTUM OF FINANCE Rs.25,000/-.

MARGIN NIL

RATE OF INTEREST 13.00 p.a.

REPAYMENT This is in the nature of overdraft or cash credit with no end use
verification stipulation. The limit may be reviewed annually and
revised / cancelled depending upon track record of the account
holder.
FARM MECHANISATION

PURPOSE To provide credit facility for purchasing tractor, trolly and other
agricultural implements to perform farm operations smoothly, to
resolve the problem of human labour, to arrange transportation of
agriculture inputs and marketing of agriculture produce quickly.

ELIGIBILTY Such farmers, who hold minimum 5 acre perennially irrigated

agricultural land singly or jointly.

QUANTUM OF FINANCE As per project cost.

MARGIN 15 to 25% of the project cost

RATE OF INTEREST 13.50% p.a.; 13.50% under tie-up arrangement in case of

Tractors

REPAYMENT Maximum in 9 years.

FINANCIAL ASSISTANCE TO FARMERS FOR PURCHASE OF TWO WHEELERS

PURPOSE To facilitate quick movement from home/farm to market, etc.

ELIGIBILTY Such farmers, who are permanent resident in the Bank’s service
area / area of operations and hold 2.5 acre perennially irrigated
agriculture land.

QUANTUM OF FINANCE 100% of net annual income or Rs.40,000/-, whichever is less.

MARGIN Minimum 25% of the project cost

RATE OF INTEREST 13.00% p.a

REPAYMENT In 5 years / in 10 Half Yearly equated installments.

FINANCIAL ASSISTANCE TO FARMERS FOR PURCHASE OF LAND FOR
AGRICULTURE PURPOSE

PURPOSE To make small and marginal land holdings economically viable to

make barren land suitable for agriculture to provide credit facility
to Landless and small farmers.

ELIGIBILTY Small and marginal farmers, share croppers etc. having land
holding not exceeding 8.00 acres to 9.25 acres for dry land and
6.75 acres to 7.50 acres for irrigated land depending upon the land
holding criterion of the district. This land ceiling includes the land
to be purchased through this scheme.

QUANTUM OF FINANCE 100% of net annual income. As per area in which the land is to be
purchased, its valuation and development cost.

MARGIN 1. Upto Rs.50,000/- NIL

2. Above Rs.50,000/- minimum 10%

RATE OF INTEREST 13.50% p.a. upto Rs.5,00,000/-, 14.50% above Rs.5.00 lac

REPAYMENT In 7 to 12 years in Half Yearly equated installments.

SCHEME FOR SOLAR WATER HEATER SYSTEM

PURPOSE To provide financial assistance for purchasing Solar Water Heater

Systems with necessary accessories. Bank is actively participating in
NABARD / Govt. of India's "Capital subsidy-cum-Refinance Scheme"

ELIGIBILTY Households in Rural, semi Urban and Urban Areas, business

establishments, Hostels, Hospitals, Hotel / Restaurants etc. who have
an assured source of income to meet out repayments. Any individuals,
institutions, NGO’s and commercial organizations.

LOAN AMOUNT Upto 80% of the cost of the project.

COST OF PROJECT From Rs.9500 to Rs.6.00 Lacs

MARGIN 20% of the project cost.

RATE OF INTEREST 5% p.a.

REPAYMENT Maximum repayment period 5 years inclusive of 3 months moratorium

period in equated monthly installments.

ADVANCE AGAINST INSURANCE POLICIES

PURPOSE To meet out the financial needs of customers Bank is providing

loan against policies; issued by Life Insurance Corporation of
India

ELIGIBILTY Any major person having bonafide Insurance Policy in his name.

 For LIC of India -75% of surrender value in 3 years old policies.

QUANTUM OF FINANCE

MARGIN 25%

NATURE OF FACILITY Term Loan / Overdraft

RATE OF INTEREST 14% p.a. up to Rs.50000/-

15% p.a. up to Rs.2 lac
15.50% p.a. above Rs.2 lac
on quarterly compounding to be served on monthly basis.

REPAYMENT 60 months or maturity date of policy whichever is earlier.

FINANCIAL ASSISTANCE FOR MEDICLINICS FOR QUALIFIED MEDICAL

PRACTITIONERS

PURPOSE Composite loan for purchase of land / plot / building for Hospital /
Nursing Home and for purchase of medical equipment with
working capital requirement.

ELIGIBILTY Individuals / partners (group of qualified medical practitioners).

QUANTUM OF FINANCE Rs. 100 Lacs of which working capital should not be more than
Rs.10.00 Lacs.
MARGIN 15%

RATE OF INTEREST 14.00% p.a. up to Rs. 15 lacs

14.50% p.a. up to Rs. 15 lacs
with quarterly rest.

REPAYMENT 10-15 years including grace period of six months.

HOUSING LOAN

PURPOSE Financial assistance for purchase of land / flat and for

construction of residential house.

ELIGIBILTY Individuals / Salaried persons / Professional and self employed

having adequate repayment capacity.

AMOUNT OF LOAN Rs. 25 Lac in which Rs.5.00 lac is for repair / renovation /
additional construction and Rs.50,000/- for final touch

QUANTUM OF FINANCE As per project cost.

MARGIN 20%

RATE OF INTEREST 10.00% if repayment in 5 years

10.50%, repayment above 5 years and up to 10 years
11.00%, repayment above 10 years

REPAYMENT Maximum 15 years in equated monthly installments.

SCHEME OF AGRICULTURE GRADUATES FOR ESTABLISHING AGRI CLINICS

AND AGRI BUSINESS

PURPOSE Financial assistance for setting up Agri Clinic and Agri Business
centers for providing expert advice for better cropping practices,
protection from pests and diseases, market trend and also clinical
services for animal health.

ELIGIBILTY Agriculture graduates / graduates in subject allied to agriculture,

like veterinary, dairy, etc.
AMOUNT OF LOAN Rs.10 Lac

QUANTUM OF FINANCE As per project cost.

MARGIN No margin up to Rs.5 Lac

25% above Rs.5 Lac

SUBSIDY  25% to 33.33% on capital investment (back ended)

 Interest subsidy for two years

RATE OF INTEREST 13.50% p.a.

REPAYMENT 5 to 10 years including moratorium period of maximum 2 years.

AMRA KRISHAK CARD

PURPOSE Financial assistance for mango production and marketing.

ELIGIBILTY Mango growers having mango orchards.

AMOUNT OF LOAN According to scale of finance and land holding.

MARGIN NIL

RATE OF INTEREST 7% upto Rs. 3,00,000/- (wherever interest subvention is available)

10.50% upto Rs. 50,000/- (wherever interest subvention is not available)
13.50% above Rs.50,000/- (wherever interest subvention
is not available)

REPAYMENT  For crop production – after harvesting and marketing of crop.

 For setting up new orchards – In 13 years including moratorium period of
8 years.
 For rejurivation of old orchards –in 8 years including moratorium period
of 3 years.
 For Nursery –In 7 years including moratorium period of 2 years.

CAPITAL INVESTMENT SUBSIDY SCHEME FOR RURAL GODOWNS / COLD
STORAGE

PURPOSE Construction of Rural Godowns / Cold Storage for procuring and

storing Agriculture produce of farmers in rural area.

ELIGIBILTY Individual farmer, Group of farmers, proprietor / partnership firms,

NGO’s SHG’s Corporations, companies, cooperative societies, Agro
processing cooperative societies, Agricultural production and
marketing societies and marketing Boards.

AMOUNT OF LOAN Project cost as per capacity of Rural godown / Cold Storage less
margin.

MARGIN 25% for general categories

20% for SC/ST beneficiaries.

SUBSIDY 25% to 33.33% of project cost as per capacity of Rural godown / Cold
Storage less margin. Maximum Rs.37.50 Lac and Rs.50.00 Lac
respectively (back ended)

RATE OF INTEREST 13.50% p.a. up to Rs. 10 lac

14.00% p.a. above Rs. 10 lacs

REPAYMENT In 10 -12 years.

FINANCIAL ASSISTANCE AGAINST STORAGE RECEIPT

PURPOSE To extend finance against warehoused farm produce to get better

marketing price at the time of sale.

ELIGIBILTY Farmers or Group of farmers who are engaged in producing food

grains including fruits and have taken short term loan under KCC.

AMOUNT OF LOAN 70% of value of produce kept in storage maximum Rs.10.00 Lacs.

MARGIN 30% of the project cost

RATE OF INTEREST 13.50% p.a. upto Rs.10 lac, 14.50% p.a.above Rs.10 lac

REPAYMENT After marketing of produce as per seasonality.

KISAN CREDIT CARD FOR TENANT FARMERS / ORAL LESSEES / JOINT
LIABILITY GROUP

PURPOSE Agricultural labours who have no agricultural land in their names and
are engaged in farming as tenant farmers / oral lessees.

ELIGIBILTY Group of 5 –20 tenant farmers who are associated in self help groups
for last 3 months and graded according to self help group concept.

AMOUNT OF LOAN Rs.50,000/- per member of the group maximum Rs.5.00 Lacs.

MARGIN NIL

RATE OF INTEREST 7% upto Rs. 3,00,000/- (wherever 3% interest subvention is available)

9% upto Rs. 50,000/- (wherever 3% interest subvention
is not available)
12% above Rs.50,000/- (wherever 3% interest subvention
is not available)

REPAYMENT As per revolving cash credit.

SMALL ROAD TRANSPORT OPERATOR SCHEME

PURPOSE To provide transport vehicle to experienced beneficiaries to raise

income from transportation.

ELIGIBILTY Individuals

AMOUNT OF LOAN 75% of cost of vehicle, Insurance and registration expenses.

MARGIN 25% of the project cost

RATE OF INTEREST 12.50% p.a. upto Rs.10 lac, 13.50% p.a.above Rs.10 lac

REPAYMENT Equated monthly instalments repayable in 5 years.

SWAROJGAR CREDIT CARD SCHEME

PURPOSE Self employment through Bank credit to small enterprises.

ELIGIBILTY Self employment, Artisans, Small businessman, weavers, fishermen,

Individuals, engaged in services, rikshaw pullers and SHG’s, etc.

AMOUNT OF LOAN Rs.1,00,000/- in the form of term loan and / or cash credit.

MARGIN NIL

RATE OF INTEREST 13.00% p.a.

REPAYMENT 5 years in equal monthly instalments / Annual review.

ANNAPURNA SCHEME

PURPOSE To provide financial assistance for domestic needs.

ELIGIBILTY Permanent Government / Semi-Government, Teachers and

salaried persons drawing salary from branches of our Bank.

TYPE OF FACILITY Clean overdraft / Term loan.

QUANTUM OF FINANCE Twenty times of net salary maximum Rs.4.00 Lac.

RATE OF INTEREST 14% p.a.

REPAYMENT Clean overdraft – Annual review

Term Loan – 60 equated monthly instalments.

SCHEME FOR RETIRED TEACHERS (ACHARYHIT YOJNA)

PURPOSE Financial Assistance to pensioners of Govt. / semi Govt.

departments and educational institutions.

ELIGIBILTY Pensioners drawing pension from branches of our Bank.

QUANTUM OF FINANCE Four times of monthly pension maximum Rs. 20,000/-

MARGIN 25% of the project cost

RATE OF INTEREST 13.50% p.a.

REPAYMENT Cash credit accounts on annual review.

MAHILA UDYAMI CREDIT CARD

PURPOSE Financial Assistance to women beneficiaries for small business, self

employment, Artisan, Jari Embroidery, Moonga moti, tailoring etc. to
raise the income and social status of women.

ELIGIBILTY Individual and Group of ladies.

AMOUNT OF LOAN Rs.50,000/- in the form of cash credit and term loan.

MARGIN Upto Rs.25000/- - NIL

Above Rs.25000/- - 15%

RATE OF INTEREST 13.00% p.a.

REPAYMENT In five years.

GRAH LAXMI YOJNA FOR WOMEN

PURPOSE Assistance for domestic needs like purchase of household goods,

education, medical treatment and other misc. expenses.

ELIGIBILTY Female beneficiaries whose husbands are permanent employees of

Govt. / Semi Govt., educational / financial institute as drawing salary
from branches of our Bank.

AMOUNT OF LOAN Four months net income/ salary of husband or maximum Rs.20,000/-

MARGIN NIL

RATE OF INTEREST 13.00% p.a.

REPAYMENT In 36 EMI
KISAN SAMADHAN CARD

PURPOSE To fulfill entire needs of farmers for short term, medium term
finance including repair of farm machinery, consumption needs.

ELIGIBILTY Kisan Card holders having availed short term and medium term
loan and whose repayment in last 3 years was regular and
satisfactory are eligible under the scheme.

QUANTUM OF FINANCE Ten times of net Agriculture income.

MARGIN Production Credit : upto Rs.50,000/- ---NIL , Above Rs.50,000/---

15%
Investment Credit :15%

RATE OF INTEREST 7% to 13.50% depending upon project and project cost

REPAYMENT 5 –7 years including gestation period.

 Service Charges
Service Charges for deposits and operational matters (effective from 01-10-2012)

S.No Nature of Service Revised (w.e.f. 01-10-2012)

1. Cheques for Collection a) Rs.500/- to Rs.5000/- Rs.25/- per instrument
b) Above Rs.5,000/- upto & including Rs.10000/- Rs.50/- per
instrument
c) Above Rs 10000/-upto & including Rs. 1 lac Rs. 100/-
d) Above Rs. 1 lac Rs. 150/- per instrument

Note For collection between our bank and other banks, the
commission will be shared on 50:50 basis i.e. each branch will
charge 50% of the stipulated commission / service charges at its
end
Note: Postage charges Rs 15/- ordinary & Rs 35/-/ Courier
Charge/Registered
2. Remittances (DD/TT/MT) Upto Rs.10000/-
(charges Per remittance) Non Individuals- Rs.50/-
Individuals (Non rural )- Rs.40/-
Individuals (rural )- Rs.30/-
above Rs.10,000/- upto Rs.50,000/-
Non Individuals- Rs.200/-
Individuals (Non rural )- Rs.175/-
Individuals (rural )- Rs.150/-
Above Rs.50,000/- upto Rs.1lac Rs. 4.00 per Rs.1000/-(Min.Rs.
225/-
Above Rs.1 lac → Rs. 3.50 per Rs.1000/-(Min. Rs. 400/-Max.
Rs.30000/)
Note: In case of DD issued against cash
Upto Rs.10000/-
Non Individuals- Rs.75/-
 Individuals (Non rural )- Rs.70/-
Individuals (rural )- Rs.45/-
above Rs.10,000/- upto Rs.50,000/-
Non Individuals- Rs.300/-
Individuals (Non rural )- Rs.265/-
Individuals (rural )- Rs.225/-
3. Remittances (RTGS) Irrespective of the amount
(charges per remittance) Upto Rs 2 lac NA
Above Rs 2 lac upto Rs 5 lac Rs 25/-
Above Rs 5 lac Rs 50/-
In ward → NIL
Note: Minimum amount of transaction for RTGS is Rs. 2 Lakh
4. Bankers’ Cheque / Pay Upto Rs.10000/-
Order Non Individuals- Rs.50/- per instrument
Individuals (Non rural )- Rs.40/- per instrument Individuals
(rural )- Rs.30/- per instrument
above Rs.10,000/- upto Rs.50,000/-
Non Individuals- Rs.150/- per instrument
Individuals (Non rural )- Rs.140/- per instrument Individuals
(rural )- Rs.125/- per instrument
Above Rs.50,000/- upto Rs.1lac Rs. 4.00 per Rs.1000/-(Min.Rs.
200/-
Above Rs.1 lac → Rs. 3.50 per Rs.1000/-(Min. Rs. 350/-Max.
Rs.10000/)
Note: In case of Bankers’ Cheque / Pay Order issued against cash
Upto Rs.10000/-
Non Individuals- Rs.75/-
Individuals (Non rural )- Rs.60/-
Individuals (rural )- Rs.40/-
above Rs.10,000/- upto Rs.50,000/-
Rs300/-
 Note: The Banker’s cheques /Pay-Orders will be issued to parties
within the limits of a center and they will be made payable within
that center only. Demand Drafts should not be issued which would
be payable at the same center except for the purpose of payment of
fees by students / job application fees / payment of Government
dues etc. Branches may issue Demand Draft in lieu of Banker’s
cheque / Pay Order for local payment on account of Government
dues. Service charges as applicable to issue of Pay Order will be
levied for issuing such Demand Draft
5. National Electronic Outward:
Funds Transfer 1. Upto Rs.10,000/- →Rs. 3/- per transaction
(NEFT) / Electronic 2. Above Rs.10,000/- upto Rs.1,00,000/-→Rs. 6/- per transaction
Funds Transfer (EFT) 3. Above Rs.1,00,000/- upto Rs.2,00,000/-→Rs. 17/- per
transaction
4. Above Rs.2,00,000/- →Rs. 28/- per transaction irrespective of
the amt.

Inward : NIL
6. Electronic Clearing Credit Clearing (per entry/ item):
System (ECS) Non Individuals Nil
NCC Clearing House – No charge
Destination Bank – No charge
Sponsor Bank –Rs. 5.50 (Min. Rs. 2500/-)

Debit Clearing (per entry/ item):

NCC Clearing House – No charge
Destination Bank – No charge
Sponsor Bank –Rs. 4.00 (Min.Rs.2500/-)
7. Issue of duplicate DD/ Non Individuals: Rs. 100/- per instrument
Bankers Cheque Individuals: Rs.100/- per instrument
8. Revalidation of DD/PO/ Non Individuals: Rs. 100/- per instrument
Bankers Cheque Individuals: Rs. 100/- per instrument
9. Cancellation of DD/PO/ Non Individuals: Rs.100/- per instrument
Bankers Cheque Individuals: Rs. 100/- per instrument

(Out of pocket expenses, postages, if any, to be recovered in full)

NOTE: For DDs cancelled, charges may be recovered to the extent
of their value, if the amount is less than or equal to Rs.100/- .
10 Duplicate Statement / Non Individuals: Rs. 75/- per Pass Book (with latest balance)
Pass Book Individuals: Rs.60/- per Pass Book (with latest balance)
Duplicate Statement of current month – No charge

11 Stop Payment Non Individuals: Rs. 150/- per instrument (All Centres) Max.
instructions Rs 500/- per occasion.
However, for the loss of cheque book charges are: S/B - Rs. 280
Individuals: Rs.100/- per instrument (All Centres) Max. 300/- per
occasion
However, for the loss of cheque book charges are: S/B Rs.200
C/D, C/C, O/D - Rs. 600/- (flat) are to be recovered. In the above
case, the service charges for return of cheques may not be
recovered. Otherwise it would amount to double charging
12 Standing Instructions Rs. 50/- per transaction involving credits to another account other
than those of customers within the same branch. If the transaction
involves upcountry centers, remittances charges at the prescribed
rates and the actual postages to be recovered additionally. Charges
to be levied to the account from which the amount is transferred.

Note: Even if the standing instructions could not be carried out for
insufficient balance in the account the charge of Rs.50/- is to be
 levied. However, standing instructions in respect of the following
should be carried out free of charge:
i) Crediting /Remitting interest in Term Deposit.
ii) Crediting/Remitting Recurring Deposit installments.
iii) Crediting/Remitting installments in Loan a/c
13 Issue of cheque books MICR cheques →Rs. 3/- per cheque leaf at the time of issue. (All
centres)
Non-MICR cheques →Rs. 2/- per cheque leaf at the time of issue
of Non-MICR chequebook. (All centres)
However, for S/B a/cs of individuals, 50 cheque leaves per calendar
year will be free
14 Handling charges for Cheque returned unpaid:
cheques returned unpaid Local cheques : Rs. 150/- per instrument for financial reason &
(including cash / transfer Rs100/- per instrument for other reason
cheques) / bills returned Out Station Cheques:
unpaid
50% of prescribed collection charges subject to min. Rs.150/-
Bills returned unpaid :
Local& Outstation Bills:

50% of prescribed collection charges subject to min.Rs.200/- Out of

pocket expenses/post and telegraph charges, if any, should be
recovered.
15 Minimum balance C/D - Quarterly Avg Balance
charges
Individual – Rs. 5000/-
Other than individual –Rs. 10,000/-
Penal Charges for CD accounts of Non Individuals &
individuals Rs. 300/- per Quarter
SB A/cs
With cheque book – Rs. 500/- (Penal charges Rs.30/- per
month)
Without cheque book – Rs. 100/- (Penal charges Rs.15/- per
month)
Pensioners:
With Cheque book – Rs. 100/-
Without cheque book – Rs. 10/-
Penal charges for pensioners:
With cheque book - Rs. 10/- p.m
Without cheque book - Rs. 5/- p.m
16 Ledger Folio used in Rs. 75/- per Ledger folio. Free ledger folios allotted per year.
CD/OD/CC A/cs Subject to:
Avg. credit Balance (p.a.) → Free folios
Up to Rs. 25,000 → Nil
Above Rs.25,000/- up to Rs.50,000/- → 3
Above Rs.50,000/- up to Rs.1 lac → 5
Above Rs.1 lac up to Rs. 2 lacs → 10
Above Rs. 2 lacs → All
(For accounts maintained on computer 40 entries or part thereof to
be treated as one ledger page.)
Note: No folio charges for → Saving Bank A/cs
17 Attestation of customer’s Non Individuals- Rs.70/- per signature
signature Individuals (Non rural )- Rs.60/- per signature Individuals (rural
)- Rs.40/- per signature
18 Closure of Account within Non Individuals- Rs.200/-
12 months Individuals- Rs.200/- per

Additionally, the charges for consumption of folios should also be

recovered as per the scale of charges applicable
19 Issuance of any other S/B →Rs. 100/- per certificate
certificate e.g. Nodues, For business purposes →Rs. 150/- per certificate.
Balance Confirmation
Maintenance of Account, No Dues Certificate / N.O.C. to be issued free of cost as per RBI
etc guidelinesFor agricultural purpose →
20 Collection of Bills Upto Rs 10000/-- Rs 200/-
Above Rs 10000/-& upto RS 1.00 lac@ Rs 15 per thousand min Rs
200/-
Above Rs 1 lac – Rs 12/- per thousand min Rs 1500/- plus out of
pocket expenses
21 Presentation of Usance Rs. 200/- per bill
Bills for acceptance. (Presently item No. 20 and 21 related to Bills are Not Applicable
in our Bank)
22 Enquiry of Old entries RS 200/- per item, older than six months, subject to availability of
records (more than 12 months old)
23 Loss of Token Rs.100/- from the customer’s a/c who has lost the token

24 Solvency Certificate For Individuals

Up to Rs.1,00,000/- Rs.200/-
Above Rs 1 Lakh to RS5 Lakh Rs.500/-
Above Rs 5 Lakh Rs.1000/-
For non individuals Rs 250 per Lakh or Part thereof Min Rs 500/-
Max Rs 5000/-
25 Addition / deletion of Rs.25/- per occasion
names in joint accounts /
Nominations /Change in
 operational instructions
(including Lockers)first
nomination will be free

26 Penal charges for late a) Deposit tenure up to 5 years:

payment of installments @ Rs.2/- for every Rs.100/- p.m.
in Recurring Deposits.
b) Deposit tenure above 5 years
@ Rs.3/- for every Rs.100/- p.m
27 Pledging/ Releasing Rs.50/- per receipt per occasion
charges of term deposit
receipt in favour of other
institution
28 Rentals of Safe Deposit For Public: Rs.800/- per year
Vault Lockers For Staff: Rs.550/- per year
New locker rentals would be applicable from the date of renewal. If
the locker rent falls in arrears and is paid after the implementation of
revised rates, the new/ revised rates will be applicable.
Late fine (From Public):
Rs.15/- per month penalty to be recovered for late payment of Rent.
29 Issue of Pass Book/ Issue of pass book-free
Balance certificate Statement- Once in a month-free
Daily/weekly/fortnightly- One statement free
Subsequent statements-RS 100/- for 40 enteries or part thereof
Issue of balance certificate-Rs 100/-
30 Postal charges Ordinary Post –Rs 15/- Registered/ courier (inland) –RS 35/-
31 Inoperative account If minimum balance not maintained –Rs 100/-
32 Charge for excess debit Upto 10 cutomer induced debit enteries a month – free
entries in SB Beyond 10 debit enteries –Rs 10/- per entry
33 Cash handling charges
for CA/CC Deposit (other
than personal banking
segment, TDR,RD and
Laon customers)
34 Photo attestation charges
SB accounts –nil
CC/OD/CD Accounts-Upto one bundle (10 packets)- free
Beyond 10 packets: Rs 10 per packet Min Rs 100/- per occasion
Max Rs 10000/- per occasion
Rs 100/- per occasion

35 Record copy of the Rs 40/- upto 3 months old entries

cheque Rs 100/- for older enteries subject to availability of the instruments
36 Interest certificate Once free, additional copies Rs 100/- per copy
37 Payment of deposit Charges applicable for remittances (banker’s cheque/DD) plus
receipts to another bank postage charges

INTER-SOL TRANSACTIONS CHARGES

SLAB CHARGES
1. CASH TRANSACTIONS – DEPOSITS / WITHDRAWAL OTHER THAN PARENT / HOME
BRANCH
A- Upto Rs.25,000/- NIL
B- Above Rs.25,000/- Rs.2/- per thousand or on its part
Note: Withdrawal from other branch is allowed upto ` 50,000/- only.
2. TRANSFER OF FUND FROM ONE BRANCH TO ANOTHER BRANCH OF THE SAME
CUSTOMER
A- Fund transfer in same customer ID A/cs NIL
B- Fund transfer in Different customer ID A/cs
i- Upto Rs.1,00,000/- per day NIL
(only one entry)
ii- Upto Rs.1,00,000/- per day Rs.5/- per transactions
(more than one entry)
iii- Above Rs.1,00,000/- Rs.50/- per transactions
S. No Nature of Service Description of customers to whom
concessions/exemptions are allowed
1. Cheques for collection Staff & Ex-staff members: No charges for collection
of cheques are to be levied in accounts of staff members
and ex-staff members for their single a/c or joint
a/c with his/her spouse or children. In case of ex-staff
member, he should establish his/her identity as an ex-
staff member of our bank for availing the
exemption. Money representing in the transaction be
pertaining to staff member or ex-staff member only.

Senior Citizens: 50% concession in collection charges

is allowed to senior citizens. They must submit the
proof of Age for claiming the concession. Senior
citizens, who are retired teachers and maintaining
their pension a/c with the branch, are entitled for
100% concession.

Govt. a/cs: No charges for collection of cheques

2. Remittances: DD, Banker’s Cheques, Pay
Orders, Cancellation/Revalidation/Duplicate
issuance of these.
deposited in Govt. a/cs for funds of govt. sponsored
schemes.
Staff & Ex-staff members: No charges for these
services are to be levied in accounts of staff members
and ex-staff members for their single a/c or joint
a/c with his/her spouse or children. In case of ex-staff
member, he should establish his/her identity as an ex-
staff member of our bank for availing the
exemption. Money representing in the transaction be
pertaining to staff member or ex-staff member only.

Senior Citizens: 50% concession in these charges is

allowed to senior citizens. They must submit the proof
 of Age for claiming the concession. Senior citizens,
who are retired teachers and maintaining their pension
a/c with the branch, are entitled for 100% concession.

Govt. a/cs: No charges for transfer of funds in govt.

sponsored schemes.

Loan a/cs: No charges for issuance of D.D., Banker’s

cheque or pay order out of loan amount to ensure end
use of advance.

PART - 2

Service Charges on various Advances portfolio (Effective from 01-10-2012)

(A) SERVICE CHARGES RELATED TO PRIORITY SECTOR ADVANCES

S. No Particulars Revised(w.e.f. 01-10-2012)

1. Processing Charges:
i) Up to Rs50,000 NIL

ii) Above Rs.50,000/- to Rs.2 Lakh Rs. 200/-

iii) Above Rs. 2 .00 Lakh Rs. 200/- per Lakh or part thereof max. Rs. 2 lakh
2. Charges upon review of term loan / limits
i) Upto Rs.50000 Nil
ii) Above Rs.50000/- to Rs.2 Lakh Rs.250/-
iii) Above Rs. 2 Lakh RS.75/- per lac or part thereof
3. Documentation Charges
NIL
a. Up to Rs.50000
b. Above 50000/- to Rs.2 lac Rs. 500/-
c. Above Rs.2 Lakh and up to Rs.5 Lakh Rs. 1,500/-
d. Above Rs.5 Lakh and up to Rs.20 Lakh Rs.2,500/-
 e. Above Rs.20 Lakh and up to Rs.50 Lakh Rs.3,750/-
f. Above Rs.50 Lakh up to Rs.5 crore Rs 7,500/-
g. Above Rs.5 Crores Rs. 20,000/-
4 Inspection Charges per year
a. Up to Rs.50,000/- Nil
b. Above Rs.50,000/- to Rs.2 Lacs Rs 150/-
c. Beyond Rs.2 Lacs to Rs.5 Lacs Rs 300/-
d. Above Rs.5 Lac to 20 Lac Rs. 500/-
e. Above Rs.20 Lacs & up to Rs.50 Lacs Rs. 1000/-
f. Above Rs.50 Lakh to Rs.1 crore Rs. 1200/-
g. Above Rs.1 crore to Rs. 5 crore Rs. 2000/-
g. Above Rs.5 crore Rs. 3000/-
5. Equitable Mortgage Charges (charged to be i) Upto Rs. 5 lakh -----------Nil
levied both for original and extension of ii) Above Rs.5 lakh
mortgages) upto Rs. 10 lakh Rs. 5000/-
iii) Above Rs.10 lakh
upto Rs. 1 crore Rs. 10000/-
iv) Above Rs. 1 crore Rs. 15000/-

(B) SERVICE CHARGES RELATED TO C & IC ADVANCES

S. No Particulars Revised(w.e.f. 01-10-2012)
1. Processing Charges: (Working Capital) NIL
Upto Rs.25000
Above Rs.25000/-to upto Rs.2 lac Rs. 300 per lac subject to a max. of Rs. 10.00
Beyond Rs.2 Lacs lacs
A. Processing Charges ( Term Loan) (a) 1.00 % with amaximum cap of Rs. 100 lacs
for project related loans and medium term / long
term loans.

(b) For short term loans and demand loans whose

maturity is not exceeding one year and corporate
loans upto 3 years.

*Loan upto Rs.25crs@1.00% Rs 6,00,000(Max)

* Loan more than Rs. 25 crs. Rs12,00,000/
B. Annual Review of term Loans / Limits Rs. 75/- Per Lac or part thereof Maximum Rs.
1,50,000/-
*Limit Sanctioned
Charges For amendments/modifications of
C. Up to 50 crs - Rs 75,000/-
sanction terms
*Above 50 crs Rs. 1,50,000/-
2. Documentation Charges
a. Upto Rs.2 lac NIL

b. Above Rs.2 Lacs & upto Rs.5 Lacs Rs. 4,000/-

c. Above Rs.5 Lacs & upto Rs.10 Lacs Rs. 6,000/-
d. Above Rs.10 Lacs & upto Rs.20 Lacs Rs. 8,000/-
e. Above Rs.20 Lacs & up to Rs.50 Lacs Rs. 10,000/-
f. Above Rs.50 lac Rs. 20,000/-
3. Inspection Charges per visit
Rs. 500/-
Up to Rs.2 Lacs
Beyond Rs.2 Lacs & up to Rs.20 Lacs Rs. 1,000/-
Above Rs.20 Lacs & up to Rs.50 Lacs Rs. 3,000/-
Above Rs.50 Lacs & up to Rs.100 Lacs Rs. 4,000/-
Above Rs.1 crores to Rs.5 crores Rs. 5,000/-
Above Rs.5 crores Rs. 5,000/-
4. Charges for supplying copies of documents
Up to limits Rs.2 Lacs
Rs. 100/- flat rate
Up to Rs.100 Lacs
Beyond Rs.100 Lacs
5. Guarantees – Inland Rs.180/- plus 0.75% per quarter or part thereof
Performance Guarantees with a minimum for 2 quarters + Service tax
Financial Guarantees Rs.180/- plus 0.75% per quarter or part thereof
with a minimum for 1.50% + Service tax
6. Equitable Mortgage Charges (charged to be Rs. 20,000/- per equitable mortgage.
levied both for original and extension of
mortgages)
7 Tech. Inspection/ Project Appraisal charges
(Inclusive of Service Tax)
Up to Rs.30 Lakhs NIL
Above Rs.30 Lakhs up to Rs.50 lakhs Rs.5650/=
Above Rs.50 Lakhs up to Rs.300 lakhs Rs.6000/= Plus 0.25 % of amount exceeding
Rs.50 Lakhs
Above Rs.300 Lakhs upto Rs 500 Lakhs Rs68500/= Plus 0.35 % of amount exceeding
Rs.300 Lakhs (Max. Rs.3.25 Lakhs)
Above Rs.500 Lakh 0.60% of Aggregate Fund-Based Limits subject
to a Min. of Rs.12,500/= and Maximum of
Rs.6.00 Lakhs

(C) SERVICE CHARGES ON RETAIL BANKING ADVANCES:

Charges Revised(w.e.f. 01-10-2012)
Home Loan Processing Charges One time @0.50% of loan amount min.Rs.4000/-
and Max. Rs10000/-
Documentation Charges One time Rs.1000/-
 Pre-Payment Charges No pre payment charges for repayment by own
funds.
0.65% on the outstanding loan amount for the
remaining maturity of the loan subject to max. of
2.25% of the outstanding loan amount in the case of
taken over by other Bank/Financial Institution.
(Processing charges is waived off for staff
members)
Mortgage Loan Processing Charges For Loan /OD [reducible as per repayment schedule]
One time @ 1% of loan amount min.Rs.5000/- and
Max.Rs.50000/-
Overdraft Limit [reducible / non reducible as per
repayment schedule]
0.50% of the sanctioned limit min.Rs.5000/- and
Max. Rs.30000/- on annual basis.
Documentation Charges One time Rs.1000/-
Mortgage Fee Limits upto Rs. 10 lacs Rs. 5000/-
Limits exceeding Rs. 10 Lacs upto Rs. 1
crore Rs. 10,000/-
Personal Loan Processing Charges One time @ 1.50% of loan amount Min.Rs.1000/-
(including clean and Max. Rs. 10000/-
overdraft like Pensioners: One time @ 1.50% of loan amount
Annpurna / Min. Rs.500/- and Max. Rs.2000/- (No Processing
Consumer Loan Charges for senior citizen whose age is 60 years
etc)/ Vehicle Loan and above)
Education Loan Processing Charges (i) up to Rs. 4 lacs-----Rs.500/-
(ii) over Rs. 4 lacs upto Rs. 7.50 lacs--Rs.1500/-
(iii) over Rs. 7.50 lacs-----Rs.3000/-
(Processing charges is waived off for staff wards
members)

(D) – SERVICE CHARGES FOR SME ADVANCES w.e.f.03.11.2011

I-
Range of Limits Processing Charges(Including for Documentation Inspection Charges
New Term Loans) Charges per visit
From To ChargesPer lakh Max. Charges Charges Charges Per Visit
0 50000 NIL NIL
50000 2 lakhs Rs.125/= Rs.300/= Rs.100/=
2 lakhs 10 lakhs Rs.125/= Rs.800/= Rs.1500/= Rs.150/=
10 lakhs 25 lakhs Rs.150/= Rs.2,700/= Rs.2200/= Rs.300/=
25 lakhs 100lakhs Rs.150/= Rs.7500/= Rs.3,600/= Rs.400/=
100 lakhs and above Rs.200/= Rs.75,000/= Rs.5500/= Rs.600/=
Review of Term Rs.60/= per lakh ********* *********
Loans Max. Rs.70,000/=

II -
Range of Limits Tech. Inspection/ Project Appraisal charges (Inclusive of
Service Tax)
Micro and SmallEnterprises (Manufacturing) (Investments
in Plant & Machinery up to Rs.5.Crores)
Up to Rs.30 Lakhs NIL
Above Rs.30 Lakhs up to Rs.50 lakhs Rs.5650/=
Above Rs.50 Lakhs up to Rs.300 lakhs Rs.6000/= Plus 0.25 % of amount exceeding Rs.50 Lakhs
Above Rs.300 Lakhs Rs68500/= Plus 0.35 % of amount exceeding Rs.300
Lakhs (Max. Rs.3.25 Lakhs)
Medium Enterprises 0.60% of Aggregate Fund-Based Limits subject to a Min. of
(Manufacturing)(Investments in Rs.12,500/= and Maximum of Rs.6.00 Lakhs
Plant & Machinery above
Rs.5.Crores up to Rs.10 crores)
Mortgage Fee
Limits Exceeding Rs.25 Lakhs & Up to Rs4000/=
Rs.50 lakhs
Limits Exceeding Rs.50 Lakhs Rs8000/=

Advances:

1. No processing Charges for fund based or non fund based facilities for staff members.
2. No processing charges in case of Govt. sponsored schemes other than PMEGP. The charges
for PMEGP borrower will be applicable as per Service Charges for SME advance w.e.f
10.10.2011.
3. No service charges are applicable in loan/ OD against Bank’s own deposits.
4. Loan against NSC/KVP flat charges Rs. 100 / which includes lien charges at post office plus
actual conveyance charges for making lien over NSCs / KVPs.
Note: In order to mobilize and acquire high value business, the Bank, sometimes waives certain
service charges. Accordingly, to attract and bring high value business to the Bank, the Chairman
as well as the General/Regional Managers are authorized to waive off the service charges as per
details given below:
S. No. Authority Power to waive service charges related
to processing / Documentation /
Inspection etc to the extent of
1 Chairman 75%
2 General Manager 60%
3 Regional Manager 50%