Service Charges

Tariff Structure for Demat accounts for NSDL/CDSL

Conditions:

1. The above charges are exclusive of applicable GST.
2. Annual Maintenance charges are levied up-front for a period of one year, in the month of opening of the demat account. All other charges are payable monthly.
3. Market value of the transactions will be as per the rates provided by NSDL/CDSL.
4. All instructions for transfer must be received at the designated branches of the bank at least one day prior to the execution date.
5. Debit transaction charges are inclusive of NSDL/CDSL actuals which are Rs 4.00/ Rs. 3.50 per debit instruction respectively.
6. Effective October 1, 2024, Youth Demat Account holder (under NSDL Yuva Plan) will enjoy charge free debit transactions from NSDL. It is applicable for Demat Accounts where in customers must be below twenty four years at the time of Account opening and is extended for only three years.
7. CDSL discounts on Debit transactions are :
8. Women Demat account holders (as first holder) will enjoy a discount of Rs. 0.25 per debit transactions on the CDSL actuals.
9. Debit transactions of mutual funds & bonds will enjoy a discount of Rs. 0.25 on the CDSL actuals.
10. Late charges would be collected for all instructions received after 4.00 p.m. for same day execution or execution date and pay in date being the same.
11. Same day execution instructions will be accepted on a best effort basis at the sole risk and responsibility of the client. The bank will not be held responsible for non-execution of same day instructions. The bank also reserves its right to charge an additional fee for processing same day execution instructions.
12. Any Demat account holder not maintaining Bank Account with us, will have to maintain a Term Deposit of ₹ 2500/- as a security deposit.
13. Amount of AMC charged upfront by the Bank will be refunded on pro-rata basis in case of account closure for the balance quarters ₹ w.e.f. 01.07.2010.
14. Transaction cum Billing statements will be sent once in a month, provided there is a transaction, else annually. Any extra statement will be charged minimum ₹ 15/- or more.
15. Please note that in case the bank is unable to recover the charges due to inadequate balances in the savings account or due to invalid /closed savings account, the depository services for such accounts will be temporarily suspended till the payment of such charges.
16. Account freezing/ defreezing charges – ₹ 50/- per instance.
17. Demat customers eligible for BSDA facility need to register their mobile number for the SMS alert facility for debit transactions.

Download Tariff for Demat accounts

Foreign Exchange Transactions – Service Charges, Exchange Margins and Interest Rates W.E.F. April 1, 2019.

Locker Rent charges for all branches w.e.f 1st April 2019* (except Andheri West Branch)

Locker Rent charges for Andheri West Branch w.e.f 1st April 2019*

* The new locker holders will be charged as per the revised locker rental from 1st October 2018.

1. Security Deposit: Security deposit equivalent to three years rental plus break opening charges of Rs.3300/-.
2. Locker Registration Charges: One time Locker registration charges of Rs.500/- plus taxes as applicable at the time of opening of locker.
3. Visit Operation Charges: Locker visit operation charges at Rs. 50/- per visit plus taxes as applicable for more than 12 visits in a year.
4. Break Open of Locker Charges: Charges of Rs.750/- plus taxes per occasion as applicable at the time of break open of locker over and above the recovery of actual break-open expenses.
5. Locker Surrender Charges: Charges of Rs.750/- plus taxes as applicable for surrender of locker.
6. Penalty Charges: Penalty for delayed renewal at Rs100/- per month or part of a month which is recovered by the system at the time of deposit of actual payment of locker rent by customers

*plus applicable charges

RATE LIST FOR PRINTING OF CONTINUOUS STATIONERY CHQ BOOK-BANGDATA

Pls note down certain terms & conditions:-

** Minimum order to be placed is 1000 Cheques.

**Taxes to be charged extra  (Vat @ 4% or any other taxes applicable at the time of delivery).

**Rs. 500 to be charged extra for each special color. i.e for 1 color : 500/-, for 2 color : 1000/-, for 3 color : 1500/- etc

**Courier charges would be applicable, if stationery despatched through our a/c.

(RATE / 1000 CHEQUES
QUANTITY X RATE PER THOUSAND/1000)