Cent Saksham

S.No

FACILITY

CHARGES

1

Name of the CD Variant

CENT SAKSHAM- Exclusively for Rural/Semi-Urban area  customers only.

2

Initial Deposit Amount for opening the A/c

• Rural              - ZERO
• Semi-Urban   -ZERO

3

Quarterly Average Balance required to be maintained

• Rural              - ₹ 1000
• Semi Urban   - ₹ 1000

4

Charges for Non Maintenance of Minimum Monthly average balance

• Rural      - First   one year NO CHARGES for not maintaining minimum monthly average balance ,  thereafter  ₹ 50+GST
• Semi Urban   - First   one year NO CHARGES for not maintaining minimum monthly average balance , thereafter

      ₹ 50+GST

Since, there is a provision of opening the account with Zero balance and maintenance of quarterly balance of Rs.1000, the debit charges if any will be recovered as and when the account has credit balance. The product is designed to keep the charges pending which are to be recovered in queue till sufficient credit balance is available.

5

Free  Cheque Book ( per Annum)

• One cheque Book of 50 leaves free

 (at the time Account  opening) above that

Charges as applicable presently at Rs.3 per cheque leaf)

6

Internet /Mobile Banking Facility

• Free

7

QR CODE (Quick Response Code)

•  Auto QR code is compulsory and provided Free of Cost.

8

ATM/Debit card : For Sole proprietor only

Access to own Bank ATM & other Bank ATM

• Issuance charge and annual maintenance charge as applicable.
• As Per applicable to General Current Account

9

Ledger Folio Charges

• As  applicable to General Current Account

10

Account statement through e-mail / statement ( Monthly)

• Facility Available

11

Stop Payment Charges

• As  applicable to General  Current Account

12

Standing Instruction Charges

• As  applicable to General  Current Account

13

Issuance of DD

• Charges as applicable rate.

14

RTGS/NEFT Services ( Per transaction)

• NEFT : As per RBI guidelines
• RTGS : As per RBI guidelines

15

Cash Deposit charges at Home Branch &  Non Home Branch

•  At Home Branch –Free
• At Non Home Branch Up to 

      ₹  50,000/-deposit  of cash – FREE

            - For Cash deposits above  ₹  50,000/- 

              ₹. 1/- per  ₹ 1000/- or part thereof, 

               minimum of  ₹  50/-

16

Cash withdrawal  charges at Home Branch & Non Home Branch

• Home Branch-Free
• At Non Home Branch Up to

       ₹ 50000 per day --Free.

      Above ₹  50000  per day  ₹  1/per

       thousand or part  thereof minimum

      ₹  50/- per transaction and maximum

      ₹ 10000/- per transaction.

17

Cash Handling Charges

Both for currency notes and coins

• No charges up to 1000 pieces
• Above 1000 pieces at  ₹  10/ -per 100 pieces or part thereof .(Minimum

  ₹  25 and  Maximum   ₹ 10000/-) 

18

Collection of Outstation Cheque

• As applicable to General Current Account.

19

ASBA

• ASBA Application is available on both branch  & internet

20

POS / MPOS

• POS / MPOS is available.

             Charges as per applicable.

21

Debit Balance in the account

• Debit balance not allowed in the Product. However debiting of charges will be kept in queue by the system till there is sufficient credit balance in the account. The system will first recover Bank’s charges which are in queue before debiting any transactions of the customer.

  At any point of time the account is designed to be in credit balance or with Zero balance.