Service Charges

JIVAN COMMERCIAL CO OPERATIVE BANK - RAJKOT effective from- 13/07/2023
Income Account Head & Code No.		Description	Service Charges (Amount In Rs.)
CURRENT ACCOUNT
Stationery Charge	10909	Issue of Duplicate Account Statement	Rs.5/- Per Page
Service Charge	10911	Technology Service Charges	Rs. 25/- Half Yearly
		Cash Handling Charges : Including CC/OD A/C
Service Charge	10911	upto Rs. 5,00,000/- per day	NIL
Service Charge	10911	Morethan above limit receipt	Rs. 25/- per lac
Service Charge	10911	Morethan above limit payment	Rs. 50/- per lac
Stationery Charge	10909	Stop payment charges	Rs. 25/- per leaf / Cheque
		Minimum Balance Charges :
Service Charge	10911	Quarterly AVG. Balance < 3000	Rs. 200/- per Quarter
Stationery Charge	10909	A/c Closed (otherwise than death)	Rs. 100/-
SAVING BANK ACCOUNT
Stationery Charge	10909	Issue of Duplicate pass book	Rs. 30/-
Service Charge	10911	Technology Service Charges	Rs. 25/- Half Yearly
		Minimum Balance Charges :
Service Charge	10911	Quarterly AVG. Balance < 500 with cheque book	Rs. 100/- per Quarter
Stationery Charge	10909	Stop payment charges	Rs. 25/- per leaf / Cheque
Fixed Deposit/Other Deposit Charges
Stationery Charge	10909	Issue of Duplicate pass book	Rs. 30/-
Service Charge	10911	Technology Service Charges	Rs. 25/- Half Yearly
		Minimum Balance Charges :
Service Charge	10911	Quarterly AVG. Balance < 500 with cheque book	Rs. 100/- per Quarter
Stationery Charge	10909	Stop payment charges	Rs. 25/- per leaf / Cheque
Fixed Deposit/Other Deposit Charges
		Premature withdrawn of Deposit
		For HUF/Individual	Penalty 1%
		For Others	Penalty 2%
		(No penalty in case of Death)
DEMAND DRAFT/PAY ORDER/ BILLS
Commission Income	10908	Bill Collection Charges	Rs. 100/-
Commission Income	10908	Issue of Demand Drafts/Pay Orders < Rs.50000	Rs.25/- per Draft
Commission Income	10908	Issue of Demand Drafts/Pay Orders > Rs.50000	10 Paisa of Draft Amount
Commission Income	10908	Issue of Demand Drafts/Pay Orders in cash < Rs.50000	Rs.200/-
Commission Income	10908	Issue of Duplicate/Cancel Demand Drafts/Pay Orders	Rs.50/-
ADVANCES (Cash Credit/Over Draft/ Loan A/c)
Form Fee	10906	Application Form Fee	Rs.5/-
		Document Charges ( Except FDR Loan/ OD ) based on Conduct of Accounts
Document Charges	10910	On First Time Documentation	1.0 % of sacntioned Amt. + GST
Document Charges	10910	On Renewal & Fresh Documentaion	0.5 % of sacntioned Amt. + GST
Stationery Charge	10909	Issue of Passbook/Statement	Per Month Free
Lavad/Legal Fee	10916/10915	Lavad/Legal Fees	Actual Expense
Inspection Fee	10904	Inspection Charges	Rs. 200/- per visit
Late Renewal Fee	10903	Late Renewal Fee	Rs. 1500/-
Cibil report charges	21285	annual charges on renewal of CC / OD	Actual expense as levied by transunion cibil
		Penalty for Delayed Stock Statement
Stationery Charge	10909	In case of Delayed upto 3 months	NIL
Stationery Charge	10909	In case of Delayed for more than 3 months	Rs. 50/- per month
Legal Fee	10915	Advocate Legal Fees in case of Suite Files A/c	Actual Exp.
		Demand Notice
Service Charge	10911	Vehicles Detained Toying Charges	Actual Exp.
Service Charge	10911	Attached/Forefeited Properties	Actual Exp.
		REVALUATION CHARGES OF PROPERTY
Legal Fee	10915	Valuer Legal Fees in case of revaluation of properties	Actual Exp.
RENT ON LOCKERS
Locker Rent	10912	Small Size
Locker Rent	10912	Medium Size
Locker Rent	10912	Large Size
		Charges for delayed payment locker Rent
Locker Rent	10912	Small Size
Locker Rent	10912	Medium Size
Locker Rent	10912	Large Size
		advance payment of rent for 3 Years payable initially
Service Charge	10911	Breaking of Lockers	Actual Charges + Rs.200/-
NEFT/RTGS Charges
		a} For outgoing transaction	NIL
		b}For Incoming transaction	NIL
Service Charge	10911	All 'ECS Mandate Charge	Rs. 100/-
SHARE DEPARTMENT
Stationery Charge	10909	Voters List Copy	Rs.1000/-
Stationery Charge	10909	Bye Laws Copy	Rs.250/-
Entrance Fee	10201	Nominal Membership Fee	Rs. 5/-
Duplicate Share Fee	10914	Duplicate Share Certificate Fees	Rs. 100/- per certificate
Share Transfer Fee	10907	Share Transfer Fees	Rs. 100/-
Form Fee	10906	Application Form Fee	Rs.5/-
Entrance Fee	10201	Entrance Fees for Member	Rs.5/-
Bank Guarantee
Guarantee Fee	10917	Financial Guarantee	2% p.a or part thereof
Solvency Certificate
Solvency Fee	10918	On amount of Solvency	1 % of Solvency Amount
POS Machine
POS Machine Service Charges	10976	If Monthly Avg. Balance < 1 lakh	Rs. 150/- per month
CTS CHARGES
Service Charge	10911	Inword Cheque Return charge	Rs.200/- per Cheque
Service Charge	10911	Outword Cheque Return Charge	NiL
Service Charge	10911	ECS Return Charge outward	NiL
Service Charge	10911	ECS Return Charge inward/ACH Return Charge	Rs.200/- per ECS/ACH
ATM Charges
ATM Annual Fee Income	10970	Annual fees	Rs. 100 / Card
ATM Annual Fee Income	10970	Additional card (IN CASE OF JOINT ACCOUNT)	Rs. 100 / Card
ATM Annual Fee Income	10970	Card Replacement Fees	Rs. 100 / Card
ATM Transaction Charges Income	10971	Financial (Cash Withdrawal) Transaction	After 5 Free transaction Rs.20/-per transaction.
ATM Transaction Charges Income	10971	Non- Financial (Balance Enquiry, Mini Statement, Pin Change) Transaction	After 5 Free transaction Rs. 10/- per transaction.
ATM Annual Fee Income	10970	PIN Replacement charges	Rs. 30/- per pin

Note –

1. Other services earlier chargeable are continued free.
2. Bank reserves the right to change or discontinue any facilities,free or chargeable .
3. Concessions/Free Facilities continued to directors/bank staff members & bank ex-staff members as per instruction from time to time.
4. GST where indicated, are levied separately, otherwise above rates are exclusive of GST , i.e. bank bears GST.
5. In deserving cases if in the interest of the bank all above mentioned charges are at the discretion of Managing Director / General Manager /Loan Manager/ Branch Managaer.