|
|
*Quarterly Average Balance (QAB) Requirement
|
Rs.10,000
|
Rs.25,000
|
Rs.50,000
|
Rs.1,00,000
|
|
|
Service charges for Non maintenance of QAB
|
Rs. 750 per quarter
|
Rs.1000
per quarter
|
Rs.1500
per quarter
|
Rs.4000 per
quarter
|
|
1
|
Statement of
Accounts
|
Free once in
a month(physical/email)
|
Free once in
a month(physical/email)
|
Free once in
a month(physical/email)
|
Free once in
a month(physical/email)
|
|
2
|
Additional
statement of accounts
|
Daily - Rs.750 p.a
Weekly Rs.400 p.a.
Fortnightly - Rs.200 p.a
(Plus postage charge Rs.5 by mail, Rs.10 by courier, per statement, if not
collected in person)
|
Daily - Rs.750 p.a
Weekly Rs.400 p.a.
Fortnightly - Rs.200 p.a
(Plus postage charge Rs.5 by mail, Rs.10 by courier, per statement, if not
collected in person)
|
Daily - Rs.750 p.a
Weekly Rs.400 p.a.
Fortnightly - Rs.200 p.a
(Plus postage charge Rs.5 by mail, Rs.10 by courier, per statement, if not
collected in person)
|
Daily - Rs.750 p.a
Weekly Rs.400 p.a.
Fortnightly - Rs.200 p.a
(Plus postage charge Rs.5 by mail, Rs.10 by courier, per statement, if not
collected in person)
|
|
3
|
Issue of Duplicate /Adhoc statements
|
Rs. 100 per request
|
Rs.100 per
request
|
Rs.100 per
request
|
Rs.100 per
request
|
|
4
|
Cheque book
issues
|
|
|
|
|
|
- MICR cheques
|
Rs. 2.50 per cheque leaf
|
Free
|
Free
|
Free
|
|
- Payable at Par cheques
|
Rs.5/- per cheque leaf
|
Free
|
Free
|
Free
|
|
5
|
ATM usage
|
|
|
|
|
|
ING ATMs
|
Free
|
Free
|
Free
|
Free
|
|
Other Bank ATMs
|
Rs.50/- per Cash withdrawal
Rs. 15 per balance enquiry
|
Rs.50/- per Cash withdrawal
Rs. 15 per balance enquiry |
Rs.50/- per Cash withdrawal
Rs. 15 per balance enquiry |
Rs.50/- per Cash withdrawal
Rs. 15 per balance enquiry
|
|
International
Cirrus ATMs
|
USD 1.50 per withdrawal
USD 0.50 per enquiry
|
USD 1.50 per
withdrawal
USD
0.50 per enquiry
|
USD 1.50 per
withdrawal
USD
0.50 per enquiry
|
USD 1.50 per
withdrawal
USD
0.50 per enquiry
|
|
International Debit Card
|
Issuance Rs. 100 (recovered upfront)
Annual maintenance charges Rs. 150 (inclusive of service tax)
(After one year in the month in which it is issued)
Re-issue charges : Rs.150/-(including service tax)
|
Issuance Free
Annual maintenance charges Rs. 150 (inclusive of service tax)
(After one year in the month in which it is issued)
Re-issue charges : Rs.150/-(including service tax)
|
Issuance Free
Annual maintenance charges Rs. 150 (inclusive of service tax)
(After one year in the month in which it is issued)
Re-issue charges : Rs.150/-(including service tax)
|
Issuance Free
Annual maintenance charges Rs. 150 (inclusive of service tax)
(After one year in the month in which it is issued)
Re-issue charges : Rs.150/-(including service tax)
|
|
6
|
Standing
Instructions
|
|
|
|
|
|
|
1.Transfer from one account to another
account within ING
|
Free
|
Free
|
Free
|
Free
|
|
|
2.External payments (Including NRO/NRE accounts of individuals)
|
Set up-Rs.150
Amendment-Rs.25
Execution - Rs. 25 per execution + remittance charge + courier/postage
|
Set
up-Rs.150
Amendment-Rs.25
Execution-Rs.25 per execution + remittance charge + courier/postage
|
Set
up-Rs.150
Amendment-Rs.25
Execution-Rs.25 per execution + remittance
charge + courier/postage
|
Set
up-Rs.150
Amendment-Rs.25
execution-Rs.25 per execution + remittance
charge + courier/postage
|
|
7
|
Closure of
Accounts
(Applicable if closed within one year of opening)
|
Rs.500
|
Rs.1000
|
Rs.1000
|
Rs.1000
|
|
8
|
Transaction charges
|
Rs. 3 per entry
(Subject to min of Rs.100 per quarter)
|
NIL
|
NIL
|
NIL
|
|
9
|
Stop Payment of cheque
|
Rs.50 per cheque & Rs.100 per series
|
Rs.50 per cheque & Rs.100 per series
|
Free |
Free |
|
1
|
Demand Draft / Pay Order
|
Up to Rs.50000/- Rs.2.50 per Rs.1000/- min Rs.50/-
Rs.50001/- to Rs.2 lakhs Rs.2.00 per Rs.1000/- min Rs.125/-
Beyond Rs.2 lakhs Rs.1.00 per Rs.1000/- min Rs.400/- (Max Rs.6000/-)
|
Free within the overall limit of Rs. 25 lakhs per month, above Rs. 25 lakhs per
month charges are as under:
Up to Rs.50000/- Rs.2.50 per Rs.1000/- min Rs.50/-
Rs.50001/- to Rs.2 lakhs Rs.2.00 per Rs.1000/- min Rs.125/-
Beyond Rs.2 lakhs Rs.1.00 per Rs.1000/- min Rs.400/- (Max Rs.6000/-)
|
Free with in the overall limit of Rs.50 lakhs per month, above Rs.50 lakhs per
month charges are as under:
Up to Rs.50000/- Rs.2.50 per Rs.1000/- min Rs.50/-
Rs.50001/- to Rs.2 lakhs Rs.2.00 per Rs.1000/- min Rs.125/-
Beyond Rs.2 lakhs Rs.1.00 per Rs.1000/- min Rs.400/- (Max Rs.6000/-)
|
Free with in the overall limit of Rs.200 lakhs per month, above Rs.200 lakhs
per month charges are as under:
Up to Rs.50000/- Rs.2.50 per Rs.1000/- min Rs.50/-
Rs.50001/- to Rs.2 lakhs Rs.2.00 per Rs.1000/- min Rs.125/-
Beyond Rs.2 lakhs Rs.1.00 per Rs.1000/- min Rs.400/- (Max Rs.6000/-)
|
|
2
|
Charges for PAP cheque payments - Intercity Clearing
|
Nil
|
Nil
|
Nil
|
Nil
|
|
3
|
(a) Cash deposit at base brance or base branch location
|
Free limit for QAB maintained a/cs: Rs. 3/- Lakhs per month for QAB maintained
a/cs; beyond free limit the charges are Rs.2/- per Rs.1000/- subject to a
minimum of Rs.50/-.
For QAB not-maintained a/cs : No free limit and the charges ae Rs.2/- per
Rs.1000/- subject to a minimum of Rs.50/-
|
Free
|
Free
|
Free
|
|
|
(b) AAA (inter city) Cash Deposits
|
Upto & inclusive of Rs.25,000 : Rs.2/- per Rs.1000
Above Rs.25000/- to < Rs.50,000: Rs.3/- per Rs.1000/-
-Rs.50,000 & above : Rs.5.- per Rs.1000/- (Minimum charge : Rs.100/- per
deposit)
|
Free upto Rs.25000/- per day (aggregate & non cumulative) max Rs.1.00 lakh per month and maximum 4 transactions
(Free limit not applicable for third party deposits) Charges beyond free limit
: Rs.2/- per Rs.1000/-
|
Free upto Rs.50000/- per day (aggregate & non cumulative) (max Rs.5.00 lakhs
per month)
(Free limit not applicable for third party deposits) Charges beyond free limit
: Rs.2/- per Rs.1000/-
|
Free upto Rs.50,000/- per day (Aggregate and non-cumulative)
(Free limit not applicable for third party deposits) Charges beyond free limit
: Rs.2/- per Rs.1000/-
|
|
|
(c) All third party deposits with prescribed letter from a/c holder
|
Rs.5/- per Rs.1000/-
|
Rs.2 per Rs. 1000
|
Rs.2 per Rs. 1000
|
Rs.2 per Rs. 1000
|
|
4
|
Charges for RTGS/NEFT
|
RTGS Outward - Re.0.25/Rs.1000/- (Min Rs.50/- Max Rs.1500/-), Inward free
NEFT Outward - Rs.50/- per remittance (Free if transacted through
mib@nk-internet banking), Inward free
|
Free within the over all limit of Rs.25 lakhs per month (DD/PO/RTGS / EFT / NEFT)
Beyond free limit charges are applicable as per the service availed as under.
RTGS
Outward - Re.0.25/Rs.1000/- (Min Rs.50/- Max Rs.1500/-). Inward free
NEFT
Outward - Rs.50/- per remittance (Free if transacted through mib@nk-internet banking), Inward free
|
Free within the over all limit of Rs.50 lakhs per month (DD/PO/RTGS / EFT / NEFT)
Beyond free limit charges are applicable as per the service availed as under.
RTGS
Outward - Re.0.25/Rs.1000/- (Min Rs.50/- Max Rs.1500/-). Inward free
NEFT
Outward - Rs.50/- per remittance (Free if transacted through mib@nk-internet banking), Inward free
|
Free within the over all limit of Rs.200 lakhs per month (DD/PO/RTGS / EFT / NEFT)
Beyond free limit charges are applicable as per the service availed as under.
RTGS
Outward - Re.0.25/Rs.1000/- (Min Rs.50/- Max Rs.1500/-). Inward free
NEFT
Outward - Rs.50/- per remittance (Free if transacted through mib@nk-internet banking), Inward free
|
|
5
|
Inter city transfer of funds from one account to another account within ING
|
Re.1/- per 1000/- Minimum Rs.25/- per transaction.
|
Free
|
Free
|
Free
|
|
1
|
Outward
|
|
|
a.
Local Clearing cheques
|
Free
|
Free
|
Free
|
Free
|
|
|
b.
Outstation cheques drawn on ING locations
|
Free
|
Free
|
Free
|
Free
|
|
|
Outstation cheques drawn on non ING locations
|
Upto Rs.10000 -Rs.50/-+other bank charges +postage/courier
Above Rs.10000-Rs.4/1000 (Min Rs.50/- Max-Rs.5000)+other bank charges +
postage/courier
|
Upto Rs.10000 -Rs.50/-+other bank charges +postage/courier
Above Rs.10000-Rs.4/1000 (Min Rs.50/- Max-Rs.5000)+other bank charges +
postage/courier
|
Upto Rs.10000 -Rs.50/-+other bank charges +postage/courier
Above Rs.10000-Rs.4/1000 (Min Rs.50/- Max-Rs.5000)+other bank charges +
postage/courier
|
Upto Rs.10000 -Rs.50/-+other bank charges +postage/courier
Above Rs.10000-Rs.4/1000 (Min Rs.50/- Max-Rs.5000)+other bank charges +
postage/courier
|
|
2
|
Inward
|
|
|
a.Cheques received from other banks for payment (LBCs)-Local
|
Free
|
Free
|
Free
|
Free
|
|
|
b.Cheques received from other banks for payment (LBCs)-outstation
|
Upto and inclusive of Rs.10,000/- : Rs.50/- + postage
Above Rs.10000-Rs.4 per 1000 (Min Rs.50/- Max-Rs.5000)+postage/courier
|
Upto and inclusive of Rs.10,000/- : Rs.50/- + postage
Above Rs.10000-Rs.4 per 1000 (Min Rs.50/- Max-Rs.5000)+postage/courier
|
Upto and inclusive of Rs.10,000/- : Rs.50/- + postage
Above Rs.10000-Rs.4 per 1000 (Min Rs.50/- Max-Rs.5000)+postage/courier
|
Upto and inclusive of Rs.10,000/- : Rs.50/- + postage
Above Rs.10000-Rs.4 per 1000 (Min Rs.50/- Max-Rs.5000)+postage/courier
|
|
1
|
Cheques deposited by customers and returned unpaid - outstation
|
Rs.50 + other
bank charges + postage
|
Rs.50 +
other bank charges
|
Rs.50 +
other bank charges
|
Rs.50 + other
bank charges + postage
|
|
2
|
Cheques
deposited by customers and returned unpaid - local
|
Rs.50 per
instrument
|
Rs.50 per
instrument
|
Rs.50 per
instrument
|
Rs.50 per
instrument
|
|
3
|
Cheque issued by customers and "returned by us" including
(a) ECS mandate
(b) Post dated cheques (PDCs) issued for repayment of loans with ING Ltd.
(c) IVBL cheques presented for transfer to other IVBL customer a/cs in the same
city or other city.
|
Rs.250 per instrument for insufficiency of funds.
NIL for technical reason.
|
Rs.250 per instrument for insufficiency of funds.
NIL for technical reason.
|
Rs.250 per instrument for insufficiency of funds.
NIL for technical reason.
|
Rs.250 per instrument for insufficiency of funds.
NIL for technical reason.
|
|
1
|
Charges for realisation of Bills for Collection
|
Up to Rs.5000-Rs.50
Rs.5001-10000-Rs.100
Rs.10001-100000-Rs.5 per thousand or part thereof subject to a minimum of
Rs.100
Rs.100001-500000-Rs.5 per thousand or part thereof subject to a minimum of
Rs.600
Rs.500001-10 lakh-Rs.4.75 per thousand or part thereof- Min Rs.2500
Above Rs.10.00 lakh Rs.3.50/Rs1000 or part there of- Min Rs.4750
If sent to other banks-other bank charges levied additionally
Postal parcels- Rs.2 per day Min Rs.10 levied additionally, if not retired on
presentation
|
Up to Rs.5000-Rs.50
Rs.5001-10000-Rs.100
Rs.10001-100000-Rs.5 per thousand or part thereof subject to a minimum of
Rs.100
Rs.100001-500000-Rs.5 per thousand or part thereof subject to a minimum of
Rs.600
Rs.500001-10 lakh-Rs.4.75 per thousand or part thereof- Min Rs.2500
Above Rs.10.00 lakh Rs.3.50/Rs1000 or part there of- Min Rs.4750
If sent to other banks-other bank charges levied additionally
Postal parcels- Rs.2 per day Min Rs.10 levied additionally, if not retired on
presentation
|
Up to Rs.5000-Rs.50
Rs.5001-10000-Rs.100
Rs.10001-100000-Rs.5 per thousand or part thereof subject to a minimum of
Rs.100
Rs.100001-500000-Rs.5 per thousand or part thereof subject to a minimum of
Rs.600
Rs.500001-10 lakh-Rs.4.75 per thousand or part thereof- Min Rs.2500
Above Rs.10.00 lakh Rs.3.50/Rs1000 or part there of- Min Rs.4750
If sent to other banks-other bank charges levied additionally
Postal parcels- Rs.2 per day Min Rs.10 levied additionally, if not retired on
presentation
|
Up to Rs.5000-Rs.50
Rs.5001-10000-Rs.100
Rs.10001-100000-Rs.5 per thousand or part thereof subject to a minimum of
Rs.100
Rs.100001-500000-Rs.5 per thousand or part thereof subject to a minimum of
Rs.600
Rs.500001-10 lakh-Rs.4.75 per thousand or part thereof- Min Rs.2500
Above Rs.10.00 lakh Rs.3.50/Rs1000 or part there of- Min Rs.4750
If sent to other banks-other bank charges levied additionally
Postal parcels- Rs.2 per day Min Rs.10 levied additionally, if not retired on
presentation
|
|
2
|
Returning of bills - Local Bills
|
Rs. 150/- per bill+postage
|
Rs. 150/- per bill+postage
|
Rs. 150/- per bill+postage
|
Rs. 150/- per bill+postage
|
|
3
|
Returning of bills - Outstation
|
50% of normal collection charges
Min Rs.150/- + postage.
|
50% of normal collection charges
Min Rs.150/- + postage.
|
50% of normal collection charges
Min Rs.150/- + postage.
|
50% of normal collection charges
Min Rs.150/- + postage.
|
|
1
|
Balance
confirmation
|
Rs. 25
|
Rs. 25
|
Rs. 25
|
Rs. 25
|
|
2
|
Signature
verification
|
Rs. 25
|
Rs. 25
|
Rs. 25
|
Rs. 25
|
|
3
|
No due
certificate
|
Rs.25
|
Rs.25
|
Rs.25
|
Rs.25
|
|
4
|
Old record
Enquiry
|
Rs.100 for each enquiry of more than one year old from the date of request
|
Rs.100 for each enquiry of more than one year old from the date of request
|
Rs.100 for each enquiry of more than one year old from the date of request
|
Rs.100 for each enquiry of more than one year old from the date of request
|
|
5
|
Charges for changes in the operational instructions or noting change in the
signature/name
|
Rs.250 per
change
|
Rs.250 per
change
|
Free
|
Free
|
