Service Tax

Source : NSBGwalior    Date : 11-Jun-2019
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S. No.

( Description ) Type of Service

Service charges applicable from 01 - 01 - 2021

(01)

(Savings / Member Savings / Current / CC / OD / Loan etc.) account holders when the cheque deposited for collection in the clearing house is returned unencumbered (outward chq. Return)

Rs. 100/- per cheque + GST

(02)

(a) Cheque return expenses (I/W chq. Return) in respect of cheques issued by bank members / customers of this Bank which are received by the Bank for payment through clearing house / any other mode and are returned by the Bank due to insufficient funds in the account

a) In Current / CC / OD Accounts - Rs. 300/- per cheque + GST

In Savings/Member Savings Account - Rs. 200/- per cheque + GST

(b) In case of ECS, NACH debit entry being returned unpaid due to insufficient balance in the account, ECS debit entry refund charges should be debited to the account of the respective account holder.

(b) ECS refund charges per debit entry in all types of accounts - Rs. 300/- + GST

(03)

Service charges for OBC cheques dishonoured or returned unpaid

Upto Rs 50000/- Minimum Rs 50/- Above that Rs 10/- per Rs 10000/- Maximum Rs 150/- + GST

(04)

Keeping in view the rates of issuing cheque books to the account holders in other banks, issue charge debit is levied on issue of MICR Cheque Book in the account as follows:-

 

(1) In Current / CC / OD Accounts

Rs. 2/- per cheque + GST

(2) In savings / member savings accounts

30 leaves free in a year. Thereafter Rs 2/- per leaf +GST

(05)

When a cheque issued from the bank account of all types of account holders is stopped for any reason

Savings Account Rs 50/- + GST
Current / CC / OD Account - Rs 100/- + GST

(06)

After all account holders have authenticated their signatures

Savings account holder Rs 20/- + GST
Other account holder Rs 50/- + GST

(07)

On issuance of Solvency Certificate

(1) Up to Rs 5 lakh turnover. Rs 200/- + GST
(2) Above Rs 5 lakh up to Rs 10 lakh turnover. Rs 500/- + GST
(3) Above Rs 10 lakh up to Rs 25 lakh turnover. Rs 1000/- + GST
(4) Above Rs 25 lakh up to Rs 50 lakh turnover. Rs 2000/- + GST
(5) Above Rs 50 lakh turnover. Rs 0.60 paise per thousand + GST
Note: In cases of more than Rs 50 lakh, prior permission from the Headquarters would be required before issuing the Solvency Certificate.

(08)

no dues certificate

Rs.50/- + GST

(09)

Service charges along with indemnity bond for issue of duplicate receipt

रु 20/- + GST

(10)

Bank guarantee

 

On deposit i.e. 100% secured Bank Guarantee

Rs 6/- per thousand per annum + GST

Immovable property mortgage with 25% cash margin

Rs 20/- per thousand per annum + GST

(11)

On issue of duplicate passbook

रु 50/- + GST

(12)

Service charge per page in case the account holder wishes to print a re-statement of current or savings account

Rs. 5/- + GST

(13)

On closing the account within 1 year of opening the account


Rs. 100/- + GST on closing the savings account 6 months in advance
Rs. 50/- + GST on closing
the current account 12 months in advance Rs.
200/- + GST on closing the current account 6 months in advance

(14)

Quarterly Incidental Charge Current Account/CC Account/OD Account

Rs 200/- per quarter + GST

(15)

Monthly service charges if balance is less than Minimum Average Balance

4% of the difference amount + GST for savings accounts
6% of the difference amount + GST for current accounts

(16)

IBC Service Charges - Service charges in addition to draft commission

Rs 50/- Draft Commission

(17)

SMS alert charges

Rs 15/- per quarter + GST

(18)

Locker Rent -

(A) The smallest

Amount Rs. 1200/- + GST

(B)Medium

Amount Rs. 2400/- + GST

(C) The biggest

Amount Rs. 4800/- + GST

(19)

Charges / commission for making draft / payslip

(A) Amount from Rs 1/- to Rs 1000/-

Amount Rs. 15/- + GST

(B) Amount from Rs. 1001/- to Rs. 10000/-

Amount Rs. 20/- + GST

(C) Amount exceeding Rs. 10,000/-

Amount Rs. 1.50 per thousand, minimum Rs. 20/- + GST

 

 

(20)

ATM CARD CHARGES (Effective from 01-01-2022)

 

(1)Easy Cash EMV Pupay Debit Card Annual Fee

Rs. 100/- + GST

(2) Replacement, breakage, damage, confiscation, loss, theft

Rs. 100/- + GST

(3) To retrieve your PIN

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(4)Transaction Charges (at NS Bank ATM)

Cash Withdrawal : Nil
Balance Inquiry : Nil

(5) Transaction Charges  except at NS Bank ATMs

(A) For savings accounts 

First 5 financial/non-financial transactions in a month are free thereafter on Cash Withdrawal:
Rs.25 + GST per transaction,
Balance Inquiries: Rs.10 + GST per transaction

(A) For current accounts

On Cash Withdrawal: Rs. 25 + GST per transaction
Balance Inquiry: Rs. 10 + GST per transaction

(21)

IMPS CHARGES

 

(A) Amount upto Rs. 10000/-

Nil

(B) Amount Rs. 10001/- to 100000/-

Amount Rs. 5/- + GST

(C) Amount exceeding Rs. 1,00,000/-

Amount Rs. 15/- + GST

(22)

RTGS/ NEFT CHARGES

 

(A) Amount upto Rs. 1,00,000/-

Nil

(B) Amount Rs. 100001/- to 200000/-

Amount Rs. 10/- + GST

(C) Amount Rs.200001/- to 500000/-

Amount Rs. 15/- + GST

(D) Amount exceeding Rs.500001/-

Amount Rs. 50/- + GST

 (23)

Charges for cancellation of draft / payslip

50% of the manufacturing charges + GST

 (24)

 (1) In inoperative savings accounts ( other than member savings accounts ) -

(a) Upon maintenance of minimum balance in accounts with or without cheque book facility

(a) Incidental charges should not be levied.

(b) In case of excess of minimum balance in accounts with or without cheque book facility -

(b) Maximum Rs. 250/- + GST per annum should be debited as incidental charges.

(c) If a savings account is converted from non-operative category to operative category or is closed, then -

(e) Incidental charges should not be levied.

 (2) In inoperative current accounts , -

 

(a) When there is minimum balance in the accounts

(a) Incidental charges should not be levied.

(b) When there is more than the minimum balance in the account

(b) Maximum Rs. 500/- + GST per annum should be debited as incidental charges.

(c) If a savings account is converted from non-operative category to operative category or is closed, then -

(e) Incidental charges should not be levied.

(3) In non-operational Sarvamangal accounts , -

 

(a) If the balance is Rs. 500/- or less -

(a) Incidental charges should not be levied.

(b) If the balance is more than Rs. 500/- -

(b) Rs. 500/- per annum + GST should be debited as incidental charges.

 (25)

Processing fee in loan cases

 

-

Minimum Rs. 500/- + GST or 0.50% of loan amount + GST and Maximum Rs. 50000/- + GST

 (26)

Examination fees on jewelery pledge loans :

Upto Rs. 1,00,000/-

Rs. 1000/- + GST

Above Rs. 1,00,000/-

Rs. 1000/- + GST fixed thereafter Rs. 5/- + GST per thousand

 (27)

Commitment Charges-

Commitment charges for utilisation of less than 60% of the limit in CC/OD account.

2% of unused limit on half-yearly basis + GST

(28)

Loan Application Form

रू. 20/- (Including GST)

(29)

Permanent Membership Application Form

रू. 20/- (Including GST)

(30)

Nominal membership application fee

रू. 30/- (Without GST)