Service Charges

Service Charges :

The Sardarganj Mercantile Co-operative Bank Ltd is providing following services
Schedule of Charges – Commission

»» Saving Accounts

Cheque Book Charge – Rs. 2/- [Per Cheque]

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Current Accounts

-> Duplicate Statement Charges – Rs. 15/- [Each page]
-> Cheque Book Charge – Rs. 2/- [Per Cheque]

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DD Commision Charge

Non Schedule Bank (IDBI/AXIS/HDFC/KOTAK/ICICI/GSC)
-> Up to Rs. 50,000 – Rs. 25/-
-> From Rs. 50,001 to 99,999 – Rs. 50/-
-> Above Rs. 1,00,000 – Rs. 0.06/- On Every Thousand

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Nationalize Bank Drafts [SBI]

-> From Rs. 1 to 10,000 – Rs. 40/-
-> From Rs. 10,001 to 20,000 – Rs. 60/-
-> Above Rs. 20,001 – Rs. 4.00/- On Every Thousand

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OBC

-> From Rs. 1 to 1000 – NO CHARGE
-> From Rs. 1001 to 10,000 – Rs. 15/- + Postage charges (Not more then Rs 50/-)
->FromRs. 10,001 to 1,00,000 –
Rs. 1.50/- on every thousand + Postage charges (Not more then Rs 100/-)
-> Above Rs. 1,00,001 – Rs. Fixed Rs. 150/-
[Notes : Extra charges will be levished if Drawee bank take charge.]

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IBC

-> Up to Rs. 5000/- Minimum Rs. 40/-
-> Above Rs. 5001 – On Every Thousand 2.50/- + Postal Charges

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Other Common Charges

-> To Closing Account – Rs 100/- (+GST)
-> To Stop Payment / Cancel Draft – Rs. 50/- (+GST)
-> Cheque Returns – Rs. 150/- (+GST)
-> Duplicate Draft Charge – Rs. 50/- (+GST)
-> Vehicle/Godown Inspection Charge – Rs. 100/-(+GST)

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Local Clearing Cheque return charges

-> Current/Saving/O.D. – Rs 150.00 (+GST)
-> ECS Return Charges – Rs 150.00 (+GST)