Krishna Bhima Samruddhi Local Area Bank Ltd is registered with DICGC
DICGC website
Service Charges
| Sr.No | Services | Frequency Of Charges | Service Charges w.e.f 01.09.2019 |
|---|---|---|---|
| 1 | Cheque Book Charges | Instance basis | ₹60/- per cheque book |
| 2 | Closure of Account | Instance basis | ₹200/- if a SB /CA is closed within a year and above one year ₹100/- |
| ₹200/- if a RD/SDD/SWD A/c is closed within 6 months. | |||
| 3 | Issue of A/c statement | Instance basis | ₹75/- |
| 4 | Issue of Duplicate receipt of Fixed Deposit | Instance basis | ₹200/- |
| 5 | Stop Payment Instruction | Instance basis | ₹250/- for SB A/c |
| ₹350/- for CA/OD/CC A/c | |||
| 6 | Cheque return (Inward & Outward) | Instance basis | ₹500/- or to the extent of balance available in the account whichever is less. |
| 7 | Micro Loans (limits upto ₹2,00,000/-) | Instance basis | ₹200 + Applicable GST (w.e.f 11.09.2026) |
| 8 | Loans with limits above ₹2,00,000/- | Instance basis | ₹400 + Applicable GST (w.e.f 11.09.2026) |
| 9 | Standing Instruction | Instance basis | ₹150/- One time charge (Except Interest payment on term deposits) |
| 10 | Failed standing instruction | Instance basis | ₹100 |
| 11 | Fund Transfer - RTGS | Instance basis | Inward – NIL Outward ₹20/- + GST up to 5 Lakh. ₹40/-+GST above 5 Lakh. |
| 12 | Fund Transfer - NEFT | Instance basis | Inward – NIL Outward Up to 10000 –₹2.50/- Above 10000 – 1lac: ₹5/- Above 1 lac – ₹2 lac: ₹15/- Above 2 lac – ₹25 /- |
| 13 | IMPS/UPI | Instance basis | up to ₹1 lakh ₹5/- ₹1 lac to ₹2 lac ₹15/- |
| 14 | Other services Issue of Certificates No objection/No dues/Balance/Interest charged/Cheque honoured/Account maintaining/etc. No Dues Certificate to Govt. Sponsored credit Schemes & in Rural Areas | Instance basis | ₹100/- |
| 15 | Enquiry of old Records | Instance basis | ₹200 |
| 16 | Annual Fee for Debit Card | Annually | ₹150/- |
| 17 | Replacement of Debit Card | Instance basis | ₹200/- |
| 18 | ATM transaction charges | Monthly | First 5 transactions free |
| above 5 Txns - ₹25/- | |||
| 19 | Debit Card PIN regeneration charge | Instance basis | ₹100/- |
| 20 | Inter Branch Transaction (Cash deposit & withdrawal at Non Home branch) | Instance basis | Up to Rs 25000/- free |
| ₹25,000 to ₹1 lakh ₹100/- | |||
| Above 1 lakh to ₹ 10 lakh ₹ 200/- | |||
| Above ₹ 10 Lakh ₹500/- | |||
| 21 | Notice to loan customer | Instance basis | ₹100/- for Bank Notice |
| ₹ 500/- or Actual Advocate Fee, whichever is higher for Legal Notice. | |||
| 22 | CERSAI Charges | Instance basis | 100/- for security charge up to ₹ 5 Lakh, |
| 150/- for security charge above ₹5 Lakh | |||
| 23 | Credit Bureau enquiry Charges | Instance basis | 100/- for individual enquiry, 1500/- for the institutional enquiry |
| 24 | Inspection Charges - Loan Account as per sanctioned limit | Quarterly-Calendar quarter end | up to ₹25,000/- NIL |
| 25,001/- to 50,000/- ₹50/- | |||
| 50,001/- to 1,00,000/- ₹100/- | |||
| Above ₹1 lac to 5 lac ₹200/- | |||
| Above ₹5 lakh to ₹10 lakh ₹400/- | |||
| Above ₹10 lakh ₹600/- | |||
| 25 | Non-maintenance of minimum balance SB without Cheque book ₹ 250/- With Cheque book: ₹500 Current account : ₹ 3000 General & ₹1000/- for GME customers | Quarterly | ₹50/- for SB A/c without Chequebook |
| ₹75/- for SB A/c with Chequebook | |||
| ₹150/- For current account | |||
| 26 | Dormant/In operative Accounts - Annual Maintenance Charges | Quarterly | ₹25/- SB A/c ₹50/- Current A/c |
| 27 | Account Maintenance charges | Quarterly | ₹25/- SB A/c ₹150/- Current A/c |
| 28 | Loan Annual Review Charges – For all Term loans as per sanctioned limit. | Yearly- (To be recovered in March every year) | For Loans Above ₹1,00,000 @ 0.25% of sanctioned Limit. |
| 29 | Pre closure of loan before the scheduled closure of Loan | Instance basis | 2% of the outstanding loan amount will be imposed on borrowers who do not avail themselves of fresh loans from the bank within a maximum period of 3 months after closing their existing loans. |
| 30 | Issue of duplicate passbook | Instance basis | ₹100 |
| 31 | SMS charges | Quarterly | ‘Actual usage’ basis” (Excluding BSB, A/cs, Small Deposit A/cs, No-frill A/cs/Debit card transactions/staff A/cs). |
Other Conditions
- In all cases Goods and Service Tax as applicable, presently 18 %, shall also be collected.
- The revised service Charges which are chargeable on instant basis shall be effective from 1st September 2019.