.png)
Service Charges / Fees for Current Account
| Eligibility | Individual |
| Initial Minimum Deposit | NIL |
| Minimum Account Balance | NIL |
| Maximum End of Day Balance | INR 1,00,000 |
| Nomination Facility | Available |
| Linkage of POSA Account* | NO |
| Monthly Average Balance (MAB) | INR 1,000 |
| Non-maintenance charges on MAB** | INR 100 |
| Annual Interest Rate | 0.00% |
| Interest Payment | NA |
| SMS Alerts | Free |
| Account Statement | Quarterly Statement Free (e-statement/ Physical statement***) Additional Physical Statement @ INR 50 |
| QR Card | Free |
| QR Card Reissuance | INR 25 |
| Setting of Standing Instruction Charges | Free |
| Account Closure Charges | Within 14 days of Account Opening- NIL, From 15th day of Account Opening till 6 months-INR 250, Post 6 months of Account Opening-NIL |
| Balance certificate per Instance | INR 50 |
| Card/ KIT returned due to wrong address | INR 50 |
| Cheque Book on request | First 50 Cheque leaves free; subsequently INR 2 per leaf |
| Cheque Bounce/ Return Charges (Inward) | INR 200 |
| Cheque Bounce/ Return Charges (Outward) | INR 50 |
| Bill Payments/ Re-charge | Free |
| Cash deposit charges | Free upto INR 15,000/ day**** |
| Cash withdrawal charges | Free |
| Cheque Stop Payment per Instrument | INR 25 |
| Cheque Stop Payments per Series***** | INR 100 |
| ECS Return Charges (Financial Reason) | INR 25 |
| Cheque Collection (Local Clearing) | Free |
| Outstation Cheque Collection upto and including INR 5,000 per instrument | INR 25 |
| Outstation Cheque Collection above INR 5,000 & upto INR 10,000 per instrument | INR 50 |
| Outstation Cheque Collection above INR 10,000 & upto INR 1,00,000 per instrument | INR 100 |
| Outstation Cheque Collection above INR 1,00,000 per instrument | INR 200 |
Notes :
- *Physical Statement quarterly free, subject to minimum one customer-induced transaction in that quarter.
- **Non-maintenance charges on Current Account-INR 100 Per Month/Recovered Quarterly.
- ***POSA (Post Office Savings Account)-In case customer have linked POSA account, amount above 1 lakh at the end of the day will be transferred to linked POSA account.
- ****Cash Deposit Charges (Current Account): Above INR 15,000 – INR 1.50 per incremental INR 1000 or part.
- *****Cheque in series is considered when cheques are in continuous series of 4 or above. Kindly note cheque book facilities are available for Current Account only.
- The above charges are subject to change. IPPB reserves the right to change the above charges as per its discretion.
- For any services availed at doorstep, doorstep charges will be applicable.
- All charges are exclusive of GST
Posts
No comments:
Post a Comment