Karnataka Bank
Ltd.
Facilities and Charges
|
CA
-Money Platinum |
||
|
Requirement
of Balance: | ||
|
Monthly
Average Balance (MAB) # to be
maintained |
Rs.
15,00,000/- | |
|
Daily
Minimum Balance (DMB) * to be
maintained |
Rs.
5,00,000/- | |
|
#MAB is average of daily closing balance over the
number of days in the month & calculated at the end of the
month. *DMB is end of the day balance. | ||
|
Facilities
Available: | ||
|
Cash
Deposits | ||
|
At
Base branch* |
Free | |
|
At
Non-Base branch: (by a/c holder or person authorized by him)
only. |
Free
upto Rs. 25 lacs per month | |
|
Cash
Withdrawal | ||
|
At
Base branch*: |
Free | |
|
At
Non-Base branch: |
Free
up to Rs. 5 lacs per
day | |
|
Maximum
cash withdrawal allowed per day 'By Self' is less than Rs.10 Lakhs in all
schemes. Maximum
cash withdrawal allowed per day through 3rd party cheques is Rs.15000/- for CA
Gen account and Rs.50,000/- per day for all other
schemes. | ||
|
Payment
of | ||
|
At
Speed Clearing Centres*: |
Free | |
|
At
all other centres: |
Free | |
|
DD/
Local DD | ||
|
DD/
Local DD ¿ (Issued
from Base Branch only) |
Free
(without any ceiling on amount/number) | |
|
Fund
Transfer within the Bank (from Base branch). | ||
|
Within
the same clearing zone*: |
Free | |
|
Outside
the Clearing Zone : |
Free | |
|
Inter
Bank Fund Transfer | ||
|
Payment
through RTGS/NEFT systems (from base
branch): |
Free | |
|
Collection
through NEFT and RTGS* |
Free | |
|
Cheque
Collection | ||
|
Local
Cheques ¿ deposited at base location ¿ payable
within the clg zone |
Free | |
|
Outstation
cheque collection. (Cheques can be deposited for collection at Any
Branch) |
Free
(without any ceiling on amount/number) | |
|
While
calculating Free limit, the Cheques deposited at
base branch as well as non-base branches will be
considered. | ||
|
Other
Facilities: | ||
|
Monthly
e-statement of account ¿ on request |
Free | |
|
Internet
Banking ¿ Moneyclick (for eligible
accounts) |
Free
Registration | |
|
SMS
Alerts, if subscribed. |
SMS
Alert on debit transactions of Rs.25,000/- and above ¿ Free till -
15.10.2010. | |
|
Debit
Card |
Money
Plant Visa International Debit Card is available to eligible account
holders. | |
|
Charges
for non maintenance of Minimum Balance / Average Balance: | ||
|
Charges
for non-maintenance of stipulated MAB |
Rs.5,000/-
p.m. | |
|
The
account will be converted into a | ||
|
Charges
for non-maintenance of stipulated DMB |
Rs.
500/- per day for the No. of days of
non-maintenance | |
|
Cheque
Book Charges | ||
|
Non-MICR/MICR /Multi-City cheques |
Free | |
|
Stop
payment charges |
Rs.25/-
per instrument | |
|
Statement
of Account: | ||
|
If
Daily only |
Rs.15/-
per page irrespective of number of entries | |
|
If
Weekly only |
Rs.10/-
per page irrespective of number of entries | |
|
If
Monthly only |
Free
(Free monthly e-statements are also
available*) | |
|
Transaction
Charges applicable above the Free Limit: | ||
|
**Cash
deposit at base branch ¿ Cash Handling Charges |
For
Deposit in a single day Upto Rs.3 Lakh ¿
Free Rs.3
Lakh to Rs.10 Lakhs ¿ Rs.100/- per Lakh Above
Rs.10 Lakhs ¿ Rs.200 per Lakh. ((Even if
the amount deposited is below Rs.3 Lakhs, if the number of packets of currency is more
than 30 (3000 pieces), Rs.10/- per packet (100
pieces) will be collected) | |
|
Cash
deposit at non-base branch |
Rs.4/-
per thousand or part thereof with a minimum of Rs.25/- | |
|
Cash
Withdrawals at non ¿ base branches. |
Rs.3/-
per thousand or part thereof with a minimum of Rs.30/- | |
|
Cash
withdrawals at Non-Base branches are allowed only with prior intimation
and its approval by the paying branch and subject to a per day ceiling of
below Rs.10 Lakhs. | ||
|
Payment
of multicity cheques
at non-base non speed clearing centres |
At
all other centres: No free
limit Re.1/-
per Rs.1000 or part thereof with a Min of Rs 10/- | |
|
Issue
of Demand Draft |
For
local DD |
Rs.2/-
per 1000/- with a Min. of Rs.15/- |
|
For
DDs Payable outside the
zone |
Rs.1.50
per 1000/- with a Min. of Rs.15/- and Max. of
Rs.7500/- | |
|
Funds
transfer within the Bank (outside the clearing
zone) |
Rs.1/1000
minimum Rs.10/- and max. Rs.50/- | |
|
Inter
bank Funds transfer |
Through
NEFT |
Below
Rs.1 Lakh - Rs.5/- ; Rs.1Lakh and
above-Rs.25/- |
|
Through
RTGS |
From
Rs.1 Lakh to below
Rs.5 Lakh -Rs.25/- ; Rs.5 Lakh and above -Rs.50/- | |
|
Out
station Cheque
collection |
Upto
Rs.10,000/- Rs.5/- per 1000/-. Min- Rs.20/-; Max- Rs.50/- Above
Rs.10,000/- upto Rs.1 Lakh ¿ Rs.3/- per 1000/-.
Min- Rs.50/-; Max- Rs.100/- Above
Rs.1 Lakh ¿ Rs.150/- | |
|
Other
Charges: | ||
|
Any
cheque dishonoured
from the account for want of funds or any other reason attributable to the
drawer. |
Re.1/-
per 1000/- of the amount of the instrument returned, or part there of
subject to a minimum of Rs.100/-. | |
|
Charges
on Deposited Cheques (collection)
Returned
(Local): |
Handling
charges of Rs.50/- per instrument. Plus other
bank charges if any & any other charges, service tax
etc. | |
|
Charges
on Deposited Cheques
(collection) Returned
(Outstation) : |
50%
of actual OBC charges with a minimum of Rs.50/- plus other bank charges if
any. | |
*Subject
to rules & regulations in force from time to time.