KARNATAKA BANK LTD

                                       SERVICE CHARGES

                                         (excluding applicable service tax) with effect from 01-11-2008

 

Complaint Form

Savings Bank A/c – No frills A/c – “SB – SUGAMA”

Rural

Semi-Urban

Urban

Metro

Rs.50/-

Rs.100/-

Rs.150/-

Rs.200/-

Savings Bank Account - General

Initial Deposit and Minimum Balance to be maintained

 

With Cheque book facility

Without Cheque book facility

Daily Minimum Balance (DMB)

Rs.1000/-

Rs.200/-

Charges for non maintenance of DMB

Rs.10/- p.m + service tax

Rs.10/- p.m + service tax

For SB Sugama, SB A/c-General with or without cheque books, Daily balance in the SB A/c should not fall below the prescribed minimum balance as mentioned above.

For MBB account with multicity cheques under SB-Sapphire, CA-Money Pearl, CA-Money Ruby & CA-Money Diamond, please refer Multibranch Banking

Mode of calculation of minimum balance:

For SB Sugama, Ordinary SB A/c with or without cheque books

Daily balance in the SB A/c should not fall below the prescribed minimum balance as mentioned above.

 

Services

Non-Individuals

Individuals

Special Category Individuals (individual in rural areas, pensioners & senior citizens)

Remittances

Issue Of Demand Draft (outstation)

Upto Rs.1000/-

Rs.15/-

Rs.14/-

Rs.12/-

Above Rs.1001/- - Upto Rs.5000/-

Rs.25/-

Rs.24/-

Rs.22/-

Above Rs.5001/- Upto  Rs.10,000/-

Rs.30/-

Rs.28/-

Rs.25/-

Above Rs.10,000/- 

Rs.2.00 per Rs.1000/- or part thereof. Min. Rs.35/-. Max. Rs.20,000/-.

Rs.2.00 per Rs.1000/- or part thereof.

Min. Rs.35/-. Max. Rs.20,000/-.

Rs.2.00 per Rs.1000/- or part thereof.

Min. Rs.35/-. Max. Rs.20,000/-.

Issue of local DDs 

Upto Rs.1000/-

Rs.15/-

Rs.14/-

Rs.12/-

Above Rs.1001/-  Upto to Rs.5000/-

Rs.25/-

Rs.24/-

Rs.22/-

Above Rs.5001/- Upto Rs.10000/-

Rs.30/-

Rs.28/-

Rs.25/-

Above Rs.10001/-  Upto Rs.100000/-

 

Rs.1.50 / 1000 or part thereof. Min. Rs.30/-

Rs.1.50 / 1000 or part thereof. Min. Rs.30/-

Rs.1.50 / 1000 or part thereof. Min. Rs.30/-

Above Rs.100000/-

Rs.1.00 / 1000 or part thereof.

Min. Rs.150/-. Max. Rs.7,500/-.

Rs.1.00 / 1000 or part thereof.

Min. Rs.150/-. Max. Rs.6,000/-.

Rs.1.00 / 1000 or part thereof.

Min. Rs.150/-. Max. Rs.6,000/-.

Note: In case of issue of DDs/local DDs on a/c of loan releases, the commission shall be collected as above, however subject to a Max. of Rs.1,000/-. No charge for KBL Car Loan Scheme.

Mail Transfer Issue 

Upto Rs.1 lakh

Rs.1/1000 Min.Rs.20/-

Rs.1/1000 Min.Rs.20/-

Rs.0.75/1000 Min.Rs.15/-,

Above Rs.1 lakh

Rs.1.50/ 1000 Max. Rs.15000/-.

Rs.1.50/ 1000 Max. Rs.15000/-.

Rs.1.50/1000 Max. Rs.15000/-.

Note: (1) (a) MT upto Rs.2,500/- per day for credit of SB a/c , (b) MT for credit of Term Deposits, CD, Transfer / renewal of deposits (c) MT for credit of loans towards remittances of installments is FREE OF CHARGE.

(2) MT in respect of amount to be remitted by Mandy Merchants to areca nut growers Rs.25/- per remittance.

Electronic Funds Transfer (EFT)

Outward

Charges same as DD

Charges same as DD

Charges same as DD

Inward

No charge

No charge

No charge

National Electronic Fund Transfer (NEFT) 

Outward

 

Upto Rs. 1 lakh

Rs. 5/-

Rs. 1 lakh and above

Rs. 25/-

Inward

Free

Real Time Gross Settlement (RTGS)

Ooutward

Rs. 1 lakh to Rs. 5 lakh

Rs. 25/

Above Rs. 5 lakh

Rs. 50/-

Inward

Free

Remittances against tender of cash

Upto Rs.10000/-

No additional charges.

No additional charges.

No additional charges.

Above Rs.10000/-

Discretion of the Branch Manager (by giving due notice to the customers).

Branches may charge 50% of the normal charges applicable to respective remittances as additional charges.

Discretion of the Branch Manager (by giving due notice to the customers). Branches may charge 50% of the normal charges applicable to respective remittances as additional charges.

Discretion of the Branch Manager (by giving due notice to the customers).

Branches may charge 50% of the normal charges applicable to respective remittances as additional charges.

Remittance of proceeds of Term Deposits on its maturity

Free

Free

Free

Remittance of periodical interest on term deposits / proceeds of term deposits on premature closure

To our branches

Free

Free

Free

To other bank branches

Charges as applicable to respective remittances.

Charges as applicable to respective remittances.

Charges as applicable to respective remittances.

DD / Local DD Cancellation 

Upto Rs.10000/-

Rs.15/-

Rs.14/-

Rs.13/-

Above Rs.10000/-

Rs.35/-

Rs.33/-

Rs.30/-

DD / Local DD Revalidation

Upto Rs.10000/-

Rs.15/-

Rs.14/-

Rs.13/-

Above Rs.10000/-

Rs.35/-

Rs.33/-

Rs.30/-

Issue of duplicate drafts / local draft  

Upto Rs.1000/-

Rs.20/-

Rs.18/-

Rs.15/-

Above Rs.1001/- - Upto to Rs.10000/-

Rs.25/-

Rs.23/-

Rs.20/-

Above Rs.10001/- - Upto Rs.100000/-

Rs.50/-

Rs.50/-

Rs.50/-

Above Rs.100000/-

Rs.100/-

Rs.100/-

Rs.100/-

Payment by Electronic Clearing Service

Charges on Registration of Mandate

Charges on returns of ECS debit on each instance

Rs.100/-

Rs.100/-

Rs.100/-

SB a/c

Rs.50/-

Rs.50/-

Rs.50/-

Current a/c

Rs.100/-

Rs.100/-

Rs.100/-

Collection

Collection of Cheques*

Upto Rs.1000/-

Rs.15/-

Rs.15/-

Rs.12/-

Rs.1001/- to Rs.5000/-

Rs.30/-

Rs.30/-

Rs.25/-

Rs. 5001/- to Rs.10000/-

Rs.45/-

Rs.45/-

Rs.40/-

Rs.10001/- to Rs.100000/-

Rs.4/- per thousand subject to maximum of Rs.100/-

Rs.100001/- and Above

Rs.150/-

* No additional charges such as courier charges, out of pocket expenses etc.

Inward / Outward Bills for collection 

Upto Rs.1000/-

Rs.25/-

Above Rs.1001/-- Upto Rs.5000/-

Rs.45/-

Above Rs.5001/- - Upto Rs.10000/-

Rs.70/-

Above Rs.10001 – Upto Rs.100000/-

Rs.7/- per Rs.1000/- or part thereof.

Above Rs.100000/-

Rs.6.50 per Rs.1000/- or part thereof. With a Min. Rs.700/-.

Postage separate in all above cases and Other Bank charges (in case of Outward Bills for Collection) be additionally collected

Handling charges for cheques / bills returned unpaid

   Local Cheques

 

SB - Rs.50/- per instrument

CA/OD – Rs.100/- per instrument

  Outstation Cheques

50% of the collection charges +   postage. Min. Rs.15/-

 Local & Outstation Bills

Min. Rs.25/- or 50% of collection charges + postage and other Bank charges if any. 

Collection of Deposit Receipts on maturity

For credit of Term Deposit a/c – free of charges.

For all other purpose, charges as applicable to remittances shall be levied. In the case of local collection – charges as applicable to banker’s cheque/Local DDsbe levied.

For credit of Term Deposit a/c – free of charges.

For all other purpose, charges as applicable to remittances shall be levied. In the case of local collection – charges as applicable to banker’s cheque/Local DDs be levied.

For credit of Term Deposit a/c – free of charges.

For all other purpose, charges as applicable to remittances shall be levied. In the case of local collection – charges as applicable to banker’s cheque/Local DDsbe levied.
Postal & Telecommunication Tariff

 

Ordinary Post

Rs.10/-*

Regd. Post / courier

Rs.25/-*

Telegram

Rs.30/-*

* or actual whichever is higher

Use of fax/ telephone/ modem

Actual expenses incurred.

Note:

·          For Inward Bills accompanying post parcels, Rs.5/- per day upto 5th day from the date of presentation subject to a Min. of Rs.50/-.

·          In the case of Usance Bills, additional handling charge of Rs.20/- per bill to be collected.

·          Teachers’ Salary Bill, Local Treasury Bills, Pension Bills, Dividend Warrants, Interest Warrants, Refund Orders (the later three within Rs.500/-) – Free of charge.

·          Instruments involving collection of subsidies and margin money and instruments deposited for payment/disbursement under Government sponsored schemes – Free of charges. (Postage charges only be collected).                  

Miscellaneous Services

Ledger Folio charges for Current accounts (to be levied half yearly)

Daily average balance

Rs.50/- per page with free pages as follows:

Rs.50/- per page with free pages as follows:

Nil

Upto Rs.25000/-

Nil

Nil

Nil

Above Rs.25000/- Upto Rs.50000/-

3 pages

3 pages

Nil

Above Rs.50000/- Upto Rs.100000/-

5 pages

5 pages

Nil

Above Rs.100000/- UptoRs.200000/-

10 pages

10 pages

Nil

Above Rs.200000/-

No charges

No charges

Nil

MICR Cheque

Rs.2/- per cheque leaf at the time of issue of MICR cheque book. However for SB a/cs of individuals 3 cheque books of 20 leaves each will be free in a calendar year.

Min. balance charges

On Savings Bank Account

When the balance in the cheque operated account falls below stipulated Min. balance- Rs.10/- per month.

When the balance in the cheque operated account falls below stipulated Min. balance- Rs.10/- per month.

When the balance in the cheque operated account falls below stipulated Min. balance- Rs.10/- per month.

Withdrawals (debits) exceeding 50 per half year

Rs.1/- per entry

Rs.1/- per entry

Rs.1/- per entry

On Current Account

When the balance falls below the stipulated Min. balance - Rs.40/- per month.  

When the balance falls below the stipulated Min. balance - Rs.40/- per month.  

When the balance falls below the stipulated Min. balance - Rs.40/- per month.

Duplicate statement/Pass Book

Issue of Duplicate Statement

Rs.20/- per ledger page

Rs.15/- per ledger page

Rs.15/- per ledger page

Issue of Duplicate Pass Book

Rs.20/- per Pass Book – latest balance only.

For previous entries, additional charge Rs.20/- per ledger page or part thereof.

Rs.15/- per Pass Book – latest balance only.

For previous entries, additional charge Rs.15/- per ledger page or part thereof.

Rs.15/- per Pass Book – latest balance only.

For previous entries, additional charge Rs.15/- per ledger page or part thereof.

Note: For A/cs, maintained on Computers, 40 entries or part thereof be treated as one ledger page

Stop Payment Instructions (all types of accounts)

Rs.50/- per instrument

Rs.30/- per instrument

Rs.25/- per instrument

Standing Instructions

  1) Entries within same branch

Free

  2)Entries involving credit to another branch

Rs.15/- + remittance charges, postage, if any.

Standing instructions failure charges (After 7 days)

 

  1) Entries within the same branch

Free

  2) Entries involving credit to another branch

Rs.15/-

Note: Standing Instruction for credit of loan a/c is free of cost. Charges to be levied to the a/c from which the amount is transferred.

Safe Custody charges:

Sealed Cover

Rs.50/- per cover p.a. or part thereof. (On reciprocal basis branch may waive this charge to other bank which is obliging our bank with free of charge)

Rs.50/- per cover p.a. or part thereof. (On reciprocal basis branch may waive this charge to other bank which is obliging our bank with free of charge)

Rs.50/- per cover p.a. or part thereof. (On reciprocal basis branch may waive this charge to other bank which is obliging our bank with free of charge)

Sealed boxes

i) Rs.300/- per box p.a. on dimensions upto size 15”x15”x15”

ii) Rs.750/- p.a. on dimensions beyond 15”x15”x15” and upto 30”x30”x30”.

(On reciprocal basis branch may waive this charge to other bank which is obliging our bank with free of charge)

i) Rs.275/- per box p.a. on dimensions upto size 15”x15”x15”

ii) Rs.750/- p.a. on dimensions beyond 15”x15”x15” and upto 30”x30”x30”.

(On reciprocal basis branch may waive this charge to other bank which is obliging our bank with free of charge)

i) Rs.250/- per box p.a. on dimensions upto size 15”x15”x15”

ii) Rs.750/- p.a. on dimensions beyond 15”x15”x15” and upto 30”x30”x30”.

(On reciprocal basis branch may waive this charge to other bank which is obliging our bank with free of charge)

Bank’s own Deposit Receipts

No charges

No charges

No charges

Locker Operating Charges 

50 entries per year of operation – Free of charges

Rest Rs.20/- per operation

50 entries per year of operation – Free of charges

Rest Rs.20/- per operation

50 entries per year of operation – Free of charges

Rest Rs.20/- per operation

Closure of Account within one year

SB a/c without Cheque Book – Rs.40/-

SB a/c with cheque Book – Rs.60/-

Current a/c– Rs.100/-

SB a/c without Cheque Book – Rs.30/-

SB a/c with cheque Book – Rs.40/-

Current a/c– Rs.75/-

SB a/c without Cheque Book – Rs.25/-

SB a/c with cheque Book – Rs.30/-

Current a/c– Rs.50/-

For furnishing Confidential Opinion

a) For individual Account Holder

SB a /c - Rs.50/-

SB a /c - Rs.40/-

SB a /c - Rs.30/-

b) For Proprietor concern/Partnership Firm/ Limited Companies.

Current a/c - Rs.75/-

Current a/c - Rs.60/-

Current a/c - Rs.50/-

Furnishing of TDS Certificates

Furnishing of TDS Certificates will be free of cost. Duplicate thereof/duplicate certificates etc. Rs.50/- per demand

Furnishing of TDS Certificates will be free of cost. Duplicate thereof/duplicate certificates etc. Rs.50/- per demand.

Furnishing of TDS Certificates will be free of cost. Duplicate thereof/duplicate certificates etc. Rs.50/- per demand

Instrument returned in clearing (inward & outward):-

1. Inward Clearing:

1.       Handling charges at the rate of Re.1/- per Rs.1000/- of the amount of the instrument returned, or part thereof, subject to a Min. of Rs.50/- for SB a/c and Rs.100/- for Current and OD a/cs.

2.       The charges at the above rate have to be collected on all instruments received in clearing, but returned dishonoured for want of funds, or any reason attributable to the drawer thereof, irrespective of whether they are drawn on SB, Current or Overdraft accounts at the Branch.

2. Outward Clearing:

1.       Handling charges at the rate of Re.1/- per Rs.1000/- (or part thereof) of the amount of the instrument returned by the drawee banks, subject to a Min. of Rs.50/- for OD a/cs, in case the proceeds thereof were credited to Overdraft Accounts (all types of OD) at the branch, and the instrument was returned on the next day or later from the date of credit.

2.       If, in the above case, the instrument was returned on the same day as that of credit to the account, only handling charges of Rs.50/- per instrument need be collected.

3.       If the proceeds of instruments sent in outward clearing were credited to SB a/c and current a/c, handling charges of Rs.25/- and Rs.50/- per instrument respectively need to be collected.

Photo Attestation

Rs.25/-

Rs.25/-

Rs.20/-

Signature attestation

Rs.25/-

Rs.25/-

Rs.20/-

Issue of No Objection, No Due/ Balance/Interest charged /Cheque Honoured/Account maintaining etc.

Rs.25/-

Rs.20/-

Rs.20/-

Record copy of the cheque / document (per instance)

Rs.50/-

Rs.50/-

Rs.40/-

(Xerox copy charges to be collected at actuals)

Enquiry relating to old entries (above six months)    

SB a/c

Rs.5/- per entry. Min.Rs.25/-

Rs.5/- per entry. Min.Rs.25/-

Rs.5/- per entry. Min.Rs.25/-

Current a/c

Rs.10/- per entry. Min. Rs.50/-

Rs.10/- per entry. Min. Rs.50/-

Rs.10/- per entry. Min. Rs.50/-

Registration of Mandate / Power of Attorney for operation of a/c

SB a/c – Rs.50/-

Current a/c – Rs.100/-

SB  a/c– Rs.50/-

Current a/c – Rs.100/-

SB  a/c– Rs.50/-

Current a/c – Rs.100/-

Addition / deletion of names in Joint a/cs / nomination / change in operational instructions

Rs.25/- per occasion

Rs.25/- per occasion

Rs.25/- per occasion

International debit – cum- ATM cards

(Membership fees---Annual fees---Renewal charges)

Cash withdrawal in own / Corp.Bank/NFS/Cash Tree ATMs

NIL

NIL

NIL

Cash withdrawal in VISA/VISA PLUS ATMs

Free

Free

Free

 

Cash WithDrawal                   Bal.Enquiry

Cash  WithDrawal                     Bal.Enquiry

Cash WithDrawal                             Bal.Enquiry

Domestic

Free                          Free

Free                             Free

Free                                  Free

International

Rs.100/-                        Rs.25/-

Rs.100/-                            Rs.25/-

Rs.100/-                                 Rs.25/-

Balance enquiry in own ATMs

Free

Free

Free

Balance Enquiry in shared network ATMs (Corp.Bank/NFS/CASH TREE) 

Free

Free

Free

Cash handling charges for deposit into Ca/c/CC/OD a/cs (for denomination of Rs.100/- and below)

Note: Discretion of Branch Head (by giving due notice to customers)

Upto Rs.10000/-

No charges

No charges

No charges

Above Rs.10000/- upto Rs.50000/-

Rs.10/-

Rs.10/-

Rs.10/-

Above Rs.50000/- upto Rs.100000/-

Rs.25/-

Rs.25/-

Rs.25/-

Above Rs.100000/-

Rs.50/- per lakh. Max. Rs.2000/-

Rs.50/- per lakh. Max. Rs.2000/-

Rs.50/- per lakh. Max. Rs.2000/-

Note:

The following shall be sent by Registered Post only:

  • All purchased/discounted instruments.
  • All return/returned instruments (other than local delivery)
  • All collection instruments above Rs.5000/- unless otherwise requested by the customer in writing to collect by ordinary post at his risk and responsibility.
  • All debit advices (with enclosures if any) above Rs.5000/-.

If the customer requests to send an instrument in a particular mode, his request should be considered and charges should be levied as applicable to the mode requested by him.

 

 

MoneyClick-Internet Banking

Services

 

Charges*

(All charges are excluding Service Tax, which will be levied and collected additionally)

Registration fee

NIL

Usage Charges

NIL

Utility Bill Payment

Presently charges are waived

Charges on Payment to IRCTC

Presently charges are waived

Subscribed SMS Alerts

Re.1/- per SMS

Re-issue of password/s

Charges waived for the present. However, the courier charges will be levied and collected.

Issue of Cheque Book/Stop Payment of Cheque

Stop payment or Cheque Book charges as mentioned above in ‘table of service charges’ plus Registered Post charges (Min.Rs.25/-)

Issue of duplicate Statement/Passbook

As mentioned above under ‘table of service charges’ plus Applicable Courier charges.

Standing Instruction involving Transfer of funds

Charges waived for intra-bank transfers. For others involving inter bank fund transfers charges as mentioned under © below plus Rs.15/- per transaction and postage charges will be levied

Funds Transfer

A. Funds Transfer between the customer’s own accounts within the Bank

Presently charges are waived

B. Transfer to Third party a/c within the Bank’s CBS branches, anywhere in India

Presently charges are waived

C. Transfer to Third party a/c at any other Bank using ‘MoneyQuick’ RTGS Facility (Minimum amount of remittance, Rs.1000/-)

Rs.1000/-& above - Upto Rs.5000/- 

Rs.25/-

Above Rs.5000/-   - Upto Rs.10000/-

Rs.30/-

Above Rs.10000/-

Rs.2.00 per Rs.1000/- or part thereof. Min: Rs.35/- Max: Rs.20000/-

D. Issue of Demand Draft (DD)

Same as “DD Issue charges” mentioned above in ‘table of service charges’ plus Applicable Courier Charges.

E. DD Cancellation

Same as “DD Cancellation charges” mentioned above in ‘table of service charges’.

F. Issue of Duplicate DD

Same as “Issue of Duplicate DD charges” mentioned above in ‘table of service charges’ plus Applicable Courier Charges.

G. DD Revalidation (on each revalidation)

Same as “DD revalidation charges” mentioned above in ‘table of service charges’ plus Applicable Courier Charges.

H. Issue of Pay Order (PO)

Same as “PO issue charges” mentioned above in ‘table of service charges’ plus Applicable Courier Charges.

I. PO Cancellation

Same as “PO cancellation charges” mentioned above in ‘table of service charges’

J. PO Revalidation (on each revalidation)

Same as “Issue of Duplicate PO charges” mentioned above in ‘table of service charges’ plus Applicable Courier Charges.

Note:

·          All charges are subject to revision from time to time.

·          In respect of any other service which is/are not covered above, charges as mentioned in ‘table of service charges’ as above will be levied and collected.