033-2410 1173 (HO)

Service Charges

Boralbank > Customer Care > Service Charges
Schedule of Different Charges (Excluding GST) w.e.f. 01.01.2022
(Amount in Rs.)
REMITTANCES :
Issuance of Bankers Cheque
Upto Rs 5000/- Rs.25.00
Above Rs 5000/- to 25000/- Rs.50.00
Above Rs 25000/- to 100000/- Rs 2.50/- per thousand or part thereof Minimum Rs. 65/-
Above Rs 100000/- Rs 3.00/- per thousand or part thereof Minimum Rs. 330/-
Cancellation of Bankers’ cheque and/ Issue of fresh Bankers’ cheque in lieu of last one.-Duplicate BC
Up to Rs 500/- Nil
Above Rs 500/- Rs 50/- per instrument
In case of lost instrument
Up to Rs 500/- Rs.20/-
Above Rs 500/- Rs 100/- per instrument
NEFT (OUTWARD)
upto Rs 10,000/- Nil
Rs 10,001/- to Rs 1,00,000/- Nil
Rs 1,00,001/- to Rs 2 Lac/- Nil
Above Rs 2 Lac Rs.20.00
RTGS
As per RBI circular RBI/2011-12/166-DPSS(CO)RTGS No. 388/04/04/.002/2011-12 dated 05.09.2011As per RBI guidelines
A) On all RTGS Transactions (INWARD) Nil
B) Outward charges
Rs 2 Lacs to Rs 5 Lacs Rs.20.00
Above Rs 5 Lacs Rs.40.00
COLLECTION :
Collection of outstation cheques (By sending cheques physically)
Upto Rs 5,000/- Rs.25.00
Above Rs 5,000/- and upto Rs 10000/- Rs.50.00
Above Rs 10,000/- to Rs 1/- Lac Rs.100.00
Above Rs 1 Lac to Rs 5 Lac Rs.150.00
Above Rs 5 Lac to Rs 10 Lac Rs.200.00
Above Rs 10 Lac Rs.225.00
Above charges are exclusive of out of pocket expenses i.e. postages /courier extra.
Note : Discretion to Branch Manager to charge upto 50%
on adhoc basis within the overall limit of our charges in deserving cases.
Outstation Cheque return charges 50% of collection charges
Local Cheque return charges
Inward
Upto Chq of Rs. 100000/- Rs.150.00
Above Chq of Rs. 100000/- Rs.250.00
Outward Rs.150.00
DEPOSIT AND ALLIED SERVICES :
Charges for issue of Duplicate Statement / Pass Book Rs.75/- per Duplicate Passbook /statement with latest Balance only.  Charges for previous entries (if required) Rs. 50/- per ledger page or part thereof.
Issue of letter of acknowledgement / duplicate TDR in case of loss of TDR Rs.75.00
Cheque Book Issuance Charges
Savings Bank Account Rs. 2/- per cheque leaf
Current/CC/OD Account Rs. 3/- per cheque leaf
Opening & Maintenance of Minimum Balances
Savings Bank Account – without Cheque Book Rs.250.00
Savings Bank Account – with Cheque Book Rs.1000.00
Small/Basic Savings Account Zero balance
Current Accounts Rs.3000.00
Charges for not Maintaining of Minimum Balances (On Monthly Average Balance)
Savings Bank Account – without Cheque Book Nil
Savings Bank Account – with Cheque Book Nil
Current Accounts Nil
Addition / Deletion of names in Joint Accounts / Change in operational instructions (including Lockers) Savings and other deposit accounts Rs. 100/- per occasion Not applicable for deletion of name on account of death of customer in joint A/c.
Nomination Not applicable for First time nomination. Modification / Change in nomination – Rs 50/- per occasion (Not applicable for modification of name on account of death of Nominee in the Account).
Charges for inability to carry out standing instructions due to insufficient balance in the account (in Loan Account) Rs. 100/- per occasion.
Charges for Stop Payment instructions (Per Instrument)
Savings Bank Account Rs. 75/- per instrument, maximum Rs. 375/- per instance.
Current/CC/OD Account Rs. 100/- per instrument, maximum Rs. 500/- per instance
In case of loss of complete blank cheque book
Savings Bank Account Rs.375.00
Current/CC/OD Account Rs.500.00
Local Cheque return charges
Savings Bank Account
Inward
Upto Chq of Rs. 100000/- Rs.150.00
Above Chq of Rs. 100000/- Rs.250.00
Outward Rs.150.00
Current/CC/OD Account
Inward
Upto Chq of Rs. 100000/- Rs.150.00
Above Chq of Rs. 100000/- Rs.250.00
Outward Rs.150.00
Cheque return due to technical reason – not at the fault of customer In all cases No charges
Charges for entries (Dr.) received through ECS and not responded:- Rs.150.00
Incidental charges for inoperative accounts
Savings Bank Account
Account maintaining stipulated minimum balance Nil
Inoperative Savings accounts where stipulated minimum balance is not maintained No penal charges as stipulated by RBI.
Current Account Nil
Charges for issuance of Interest Certificate, at the request of customer SB/CA/CC/OD for Second/Additional Certificate Rs 50.00 per copy
No dues certificate for all segments customers Priority Sector Others Individual Others Firm / Non-Individuals Nil Rs.50/- Rs.100/-
Closure of A/cs -within a year
Savings Bank Account 1. No charges, if the account is closed within 14 days of first customer induced credit into the account.
2. No charges, if account is closed due to death of Account Holder.

3.Rs. 250/- if account is closed beyond 14 days but within 1 year of the first customer induced transaction. (Excluding Small/ Basic Savings Bank Acccount)

Current Account

1. No charges, if the account is closed within 14 days of first customer induced credit into the account.

2. No charges, if account is closed due to death of Account Holder.

3. Rs. 500/- if account is closed beyond 14 days but within 1 year of the first customer induced transaction.

Penalty for Pre-matureed withdrawal of Term Deposit Account 1% i.e. One percent less than the applicable rate of interest.
Penalty on late payment of installment on RD account Irrespective of tenure uniform rate of Rs 1.0 per Rs 100/- per month across the board.
Attestation of customer’s signature Non Individual /Joint accounts Rs. 100/- per instruction / occasion Individual / Senior Citizen Rs.50/- per Instruction / occasion.
Photo attestation Rs. 100/- per photo / occasion.
Inquiries relating to old records.
More than 3 months to 12 months old Rs. 50/- per item
More than 12 months to 3 years old Rs. 150/- per item
Above 3 years upto 7 years Rs. 250/- per item
Above 7 years Rs. 500/- per item
MISCELLANEOUS SERVICES :
Postal & Telecommunication TARIFF a) Ordinary Post – Actual, subject to Min. Rs 20/-
b) Registered / Speed Post – Actual, subject to Min. Rs. 50/-
Courier Charges Rs. 75/- per instrument per occasion, unless otherwise specified to the contrary.
Loan Form price Rs.5/- per set
Liquidation/ Encashment of Security (LIC/NSC Loan) 1% of Collected Amount (Minimum Rs.150/-)
Incidental Charges of Gold Loan 0.25% of Gold Value (Gross)
Testing Fee of Gold Loan 0.3% of Loan Amount
DIGITAL BANKING PRODUCT RELATED CHARGES:
SMS Alerts Charges
Savings Bank Account Rs. 10/- charged quarterly
Current/CC/OD Account Rs. 10/- charged quarterly
NACH Return Charges Rs.150/- per occasion
LOCKER SERVICE CHARGES :
Safe Deposit Locker : Annual Rent
Class of Locker
S Rs.900.00
M Rs.1800.00
L Rs.3600.00
Breaking open of Locker:
Loss of Key or Non-Payment of Locker Rent Rs. 500.00 ***Plus actual expenditure incurred for breaking open the locker and changing the lock by manufacturers of lockers.
Locker visit charges (all sizes) Upto 24 visit annually – NIL Thereafter Rs. 100/- per visit