| Ashokanagar co op Bank Ltd | ||
| Service Charges | ||
| 1 | Minimum balance to be maintained | |
| Current Account | Rs.1000.00 | |
| Saving Bank Senior Citizen | Rs.500.00 without cheque book | |
| Rs.500.00 with Cheque book | ||
| Saving Bank General | Rs.500.00 without cheque book | |
| Rs.500.00 with Cheque book | ||
| 2 | Charges for non maintaining minimum balance (other than death cases) | |
| Saving Bank (operative accounts) | Rs.50/- Per half year | |
| Current A/c (operative accounts) | Rs.100/- per half year | |
| If the balance in the account is less than penalty charges then account be closed | ||
| 3 | Cheque Book charges | |
| Saving General Rs.1/- per cheque leaf | ||
| Saving Senior Citizen 24 cheque leaves in a calendar year shall be free of charge | ||
| Others Rs.1/- per Cheque leaf | ||
| 4 | Closure of A/c (within one year) | |
| Saving Bnak Account | Rs.100.00 | |
| Current Account | Rs.200.00 | |
| (on account of death of customers, no charges should be levied) | ||
| 5 | Penalty Charges | |
| For depositing delayed monthly intallment in Recurring Deposit account | Rs. 1.00 for Rs.100.00 p.m. irrespective of periodicity of deposit | |
| 6 | Stop payment | |
| Stop payment of Cheques | ||
| SB | Rs.100.00 per instrument | |
| CA/OD/CC | Rs.100.00 per instrument | |
| Stop payment of complete loss of blank cheque book | ||
| Saving Bank | Rs.200.00 | |
| CA/OD/CC | Rs.400.00 | |
| 7 | FD A/C | |
| 1.No Interest will be paid for: | No interest shall be paid on premature withdrawal of deposits up to 30 days from the date of deposit / renewal. | |
| 2.Penal Interest of 1% will be charged for: | If the depositor opts for premature closure, 1% penal interest shall be charged on the rate applicable for which the deposit remained with the bank. | |
| 3. Matured deposit | As per master direction number RBI/DCBR/2015-16-23, if the matured deposit is not renewed within 14 days then the interest on unclaimed fixed deposit from the date of maturity till the renewal of FD should be provided at least of SB account interest rate or fixed deposit interest rate whichever is lower. The bank is renewing the fixed deposit on the next day of its maturity even though the request for renewal is made beyond 14 days by the deposit holders, which is effecting in loss of revenue to the bank. It is advised to renew the FD only on the date of request by the deposit holder and to give SB account interest for the over due dates instead of renewing the FD back dated. | |
| 8 | RD A/C | |
| 1.No Interest will be paid for: | No interest shall be paid on premature withdrawal of deposits up to 30 days from the date of deposit / renewal. | |
| 2.Penal Interest of 1% will be charged for: | If the depositor opts for premature closure, 1% penal interest shall be charged on the rate applicable for which the deposit remained with the bank. | |
| NOTE:GST is applicable on all charges | ||
