Karnataka Bank Ltd.

REVISED CHARGES (Excluding applicable Service Tax)

MULTI BRANCH BANKING FACILITY - SB ACCOUNT: (Amount in Rs.)

I. Requirement of Balance:
TIERS		SB-Money Platinum
Monthly Average Balance (MAB) # 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.
II. Cash withdrawal facilities & charges.
At Base Branch(Subject to rules & regulations in force from time to time)		Free
At Non-Base Branch For self cheques -Maximum withdrawal is below Rs 10 lacs per day.		Free up to Rs.5,00,000/- per month, thereafter, Rs.2/- per thousand or part thereof with a minimum of Rs.25/-
The above cash withdrawals are allowed only with prior intimation and its approval by the paying branch.
III. Payment of Multicity Cheques and charges thereon.
For Payment at Speed Clearing Centres At all other centres		Free Free
IV. Fund transfer from MBB Account to any other account of the same/other customer within KBL (Such debits are to be supported by cheque and to be effected only by base branch):
Within the same Clearing Zone(Subject to rules & regulations in force from time to time)		Free.
Outside the Clearing Zone		Free.
V. Fund transfer from MBB Account to any other account across Banks: (Such debits are to be supported by cheque and to be effected only by base branch):
For Payment through RTGS/NEFT systems		Free.
DD/PO From Any Branch (By debit to the account) However, DD Cancellation, Marking and Reverting of Lost DD, and Issuance of Duplicate DD will be handled only at the branch where the DD was issued.
DD/ Local DD/ Bankers Cheque/Pay-Orders (issuing branch has to ensure that the DD Applicant is the account holder)		Free.
VI. Collections
Cash Deposit at base-branch. (Subject to rules & regulations in force from time to time)		Free.
Anywhere Cash Deposit- i.e. at other than base branch by self (account holder or person authorized by him) only.		Free up to Rs.5 Lac per month. Beyond that @ Rs3/- per Rs. 1000/ or part thereof with a min. of Rs. 25/-
1.In case of fund transferred to MBB account from any other account within the base branch or from a local branch, wherein the origin of such fund is on account of cash deposit, charges as applicable to the respective tier of the cash deposited account shall be levied and collected. 2.As it is difficult to ascertain the utilization of Free Limit, wherever exists and Charges thereon for cash remittance at Non-base branches, Data Centre will issue necessary guidelines on collection of applicable charges.
Cheque Collection & Charges thereon: Deposit by anybody and at any Branch. (Subject to rules & regulations in force from time to time)
At base location – within the clearing zone.		Free.
Outstation Cheque Collection: Deposit by anybody and at any Branch. (Subject to rules & regulations in force from time to time)
Outstation cheque/s deposited at the Base branch/ at the place of payment / at a place other than the place of payment and the base branch.	Free.
Collection through NEFT (National Electronic Fund Transfer)* and RTGS (Real Time Gross Settlement)	Free.
MoneyPlant Visa International Debit Card to eligible account holders.	Gold card with per day cash withdrawal limit of Rs.25000/- and POS limit of Rs.1,00,000/-.
Internet Banking – MoneyClick.	Registration Free. Fund transfer within the Bank (subject to ceiling), Utility bill payment etc, will not attract any charge from bank side.
SMS Alerts, if subscribed.	SMS Alert on all debit transactions (customer induced) of Rs.5,000/- and above - Free for the first 1 year from the date of introduction of the facility. Thereafter as decided by the bank from time to time.
Demat Account	Account opening charges-NIL-.
VII. Cheque Return Charges (in respect of Cheques Drawn by the account holders)
Presented for payment through Clearing / Directly presented #
Local cheques' return owing to reasons other than insufficient funds	As per Annexure – A (Sl. No. 9).
Outstation cheques' return owing to reasons other than insufficient funds.	As per Annexure – A (Sl. No. 9).
# Presented across the counter or through post.
Charges on Deposited Cheques (collection) Returned: other bank charges, any other charges, service tax etc. if any as per Annexure – A (Sl. No. 9) to be collected by the base branch.
VIII. Charges for non-maintenance of stipulated MAB:
Charges for non-maintenance of stipulated MAB.	Rs.200/- p.m. and the total amount of concession availed in the particular month, & the account should be converted into a Normal account if the default persists for three consecutive months. SMS Alert if MAB is not maintained in a month
IX. Cheque Book Charges
Non-MICR/MICR / Multi-City Cheques	3 cheque books of 25 leaves each will be free in a calendar year thereafter, Rs.3/- per cheque leaf.
Stop payment charges	As per Annexure – A (Sl. No.16).
X. Statement of Account: Free monthly e-statements are available on request. (For duplicate: charges as per Annexure – A (Sl. No. 14) Pass book up dating at any branch. However, issuance of statement of account and issuance of duplicate Pass Book will be handled at Base branch only.
NB: 1. Base Branch/ Location refers to the Branch where the customer maintains his MBB Account.
2. All charges, wherever mentioned, are exclusive of Service Tax, Surcharge etc wherever applicable.
3. All charges and Limits are subject to change. The maximum ceiling on charges wherever applicable is as per Annexure – A.
4. Proceeds of cheque/s deposited for collection will be available for utilization only after realization.
5. Charges for any services not covered herein shall be at the prevailing rates as per Annexure A.
6. A customer is eligible to have MBB account in the Bank under any one particular tier only.
7. ‘Month’ means a calendar month and ‘Year’ means a financial year (April to March) if not specified otherwise.
8. In the above accounts, if the number of withdrawals (customer induced debits) exceeds 50 in any half year, charges are applicable@Rs.1/- per transaction.