Local Drafts / PO/ Cheques presented in local
clearing
|
- Rs. 2.50 per thousand or
part thereof subject to a minimum of Rs. 35/- + interest for 2 or 3 days or
for the actual number of days for which the Bank was out of funds as
appropriate at the sanctioned rate (for sanctioned limits) or at the rate
applicable for temporary overdraft (for adhoc / one time transactions)
|
Cheques / Bills payable
at a location where we have our own network
|
- Rs. 2.50/- per
thousand or part thereof subject to a minimum of Rs. 35/- + interest for 7
days at the sanctioned rate in respect of sanctioned limits or the rate
applicable for temporary overdrafts in case of casual / branch power
purchases.
- In case of delayed
realization beyond 7 days, interest will be charged for additional days at
the above rates + 2@ penal interest.
|
Cheques / Bills payable
at a location where we do not have our own network
|
- Same as above +
other bank's charges, if any.
|
| Immediate Credit of
Outstation Cheques up to Rs.15000 as per Goiporia Committee Recommendation
|
- Charges as
applicable to "Collection of Cheques"
|
