SERVICE CHARGE

List Of Service Charges (Amount in )

1.

Deposit Related Transactions:

 

1.1

Ledger Folio Charges

(Only for Current & Overdraft a/cs):To be charged ½ yearly or at the time of closing/ transferring a/c. per page consisting 40 entries

 Rs.25/- per entry (no free entries/folios)                  

1.2

Duplicate Pass Book / Statement:

                                 

                  

With only last balance entry Rs.70.00
With previous entries of 40         Rs. 25.00 entries per page in addition to the above

1.3

Cheques Book Charges:

(while issuing): Per cheques leaf (In SB a/c’s 30 cheques per year are to be issued free of cost)

2.00 per leaf

1.4

Accounts Closing Charges:

S. B. A/c                     Rs.75/-

Current A/c                 Rs.100/-

1.5

Dormant A/c Charges (Annual):

(1/2 yearly) 

S. B. A/c                   Rs.10/-

Current A/c               Rs.20/-

1.6

Minimum Balance Charges (Monthly):                     

S. B. A/c                   Rs.30/-

Current A/c               Rs.50/-

1.7

Stop Payment Charges (Per Instrument):

S. B. A/c                   Rs.75/-

Current A/c               Rs.75/-

1.8

Standing Instructions:

Per transaction no charges are to be levied for transfer from Current/OD/SB to RD A/Cs or Loan A/Cs

Rs.20/-

1.9

Confirmation of Signatures:

Irrespective type of A/c

 Rs.50/-

1.10

Issue of certificates

(NOC /NDC/Certificate of Balance/ Certificate of Interest charged on Loan or advances/ Cheques honored Per Certificate (No charge for issue of certificate of interest paid on deposits) 

 Rs.50/-

1.11

Enquiry of Old Transactions:

Transactions of more than a year old

Rs.50/-                         

1.12

Issue of Duplicate Deposit Receipts:

             Per Receipt

Rs.75/-

1.13

Half yearly charges

(Current/Overdraft a/c s)(Incidental   A/c maintenance charges)Per occasion only for operative a/c

Rs.50/-

1.14

Loss of Tokens: Per token  

Rs.50/-

1.15

Fate Enquiry:

Per enquiry  Plus out of pocket expenses

Rs.100/-

2.

Remittances:

 

2.1

Issue of Cheques Payable at Par Instruments:

Amounts

Up to  10000/-             Rs.20/-

Above 10000/-               Rs.50/-

2.2

Issue of Pay Orders/ Bankers Cheques against Cash

Receipt:

Above 10000/- up     Rs.30/- + Rs.1

To 100000/-               per 1000/-

                                   Above 10000/ -

Above 10000/-        Rs.120/- + Rs.1 per

                             1000/- above

                             Rs.1.00 lac

2.3

Cancellation/Revalidation/Issue of Duplicate Pay Order/Cheques Payable at Par:

Revalidation             Rs.10/-

Cancellation             Rs.15/-

3

Collection

 

3.1

Collection of Inward / Outward Cheques: 

 Upto & including Rs.10000/-

Above 10000/- & upto & including Rs.1.00

Lac

Above Rs.1.00 lac to Rs,5.00 lacs

Above Rs.5.00 lacs to Rs.7.00 lacs

Above Rs.7.00 lacs to Rs.10.00 lacs

Above Rs.10.00 lacs to Rs.5/- per 1000 max 8000/-

(Postage & out of pocket charges extra)

 

Rs.50/- per instrument

Rs.100/- per instrument

 

Rs.500/- per instrument

Rs.1000/- per instrument

Rs.3000/- per instrument

Rs.5/- per 1000 maximum 8000/-

3.3

Dishonor of Inward/Outward Bills/cheques:

 

3.3.1

Outward Clearing Return

Inward Clearing Return

    Rs.100/- per instrument

    Rs.300/- per instrument

3.3.2

If cheques are drawn outside the city:

ECS Return Debit Credit 

Rs.300.00 per transaction Irrespective of type

4.

Purchase of Cheques/Discount of Bills

 

4.1

   Cheques/Drafts (Local/Outstation):

Commission                   

35.00  per instrument

 

In both these cases, interest as applicable to clean advances are to be collected for the number of days Bank is out of funds in addition to postage & out of pocket expenses.

(At present 16% p.a.)

 

5.

Locker Rent:

(Rent on Lockers to be collected annually in advance w.e.f. 01.04.2011)

Type               Rent

A                       935/-

B                     1100/-

C                     1155/-

D                    1375/-

E                       1705/-

F                       2035/-

G                     2145/-

H1                   2915/-

H2                   1485/-

I                       3465/-

 

5.1

Locker Applications:

Per application / Registration Charges

Visit / Operation Charges (whenever visit / operation exceeds 10 quarter)

Surrender Charges

Late Payment of Rent Charges

Break open Charges : Actuals as per bill

 

Rs.300/-

Rs.50/- per visit/operation

 

Rs.500/-

Rs.50/-

Rs.750/- handling charges in addition to actual

6.

Solvency Certificates

 

 

The following charges are to be collected for issue of solvency certificates

Amounts

up to Rs.5.00 lacs               Rs.500/-

up to Rs.10.00 lacs             Rs.600/-

up to Rs.25.00 lacs             Rs.800/-

Up to Rs.50.00 lacs             Rs.1100/-

Above Rs.50.00 lacs           Rs.1800/-

7.

Advances

 

 

Loan Application Form

Rs.50/-

 

Processing Charges (For New and Enhancement Proposals) Processing charges are to be collected in advance.

Processing Charges are Not        Applicable for Loan against Bank’s Own Term Deposits.

In case of Renewal of Limits 75 % of Normal Applicable Charges as above are payable.

Amounts

Up to Rs.25000                   : Rs.100

Above 25000/- up to 50000/-: Rs.200 

Above 50000/- up to 100000/-:Rs300

Above 100000/-   :0.50% of the

                               Loan/OD amount

 

 8.

Delivery/ Pledge of LIC/NSC. Per delivery/ pledge/ assignment/ reassignment 

25.00 per instrument Out of pocket expenses are to be collected extra.

 

9.

Replacement of Shares & Securities / Service charges for replacement of shares: 

Actual Charges to be collected

 

10.

Service Charges on Vehicle Loans

Hypothecation of vehicle     Rs.100/-

Permit renewal letter           Rs.40/-

Insurance renewal               Rs.50/-

11.

Inspection Charges:

Actual expenses to be collected from the borrower

 

Godown Inspection Charges

Limit                             Charges Rs

Up to    2.00 lacs               250/-

Up to    5.00 lacs               300/-

Up to  10.00 lacs               450/-

Up to  20.00 lacs                600/-

Up to  50.00 lacs               800/-

Above 50.00 lacs             1200/-

12.

Bank Guarantees/Extension of Bank Guarantee:{These charges are to be collected in advance in addition to 200/- as fixed service charges.}

Secured by Bank’s own deposit: 0.75% P.A

Secured by other assets:2.50% P.A.

Unsecured Portion  : 3.00% P.A.                

13.

Extension of Bank Guarantee: Fixed service charges of per extension in addition to the charges as pointed in

100.00

All out of pocket expenses are to be collected in addition to the above 

14.

Cash Withdrawal charges

 

 

Cash Handling charges for Cash Deposit of more than 2.00 laces per day @ # Cash Withdrawal 200000/- & above to be charged @ 0.10 % per entry for CA/OD Accounts

# Explanation: Cash Handling Charges are per entry of ` 200000/- and above for CA/OD Account Holders @ 0.10 %. However if the party withdraws more than 200000/- per day by effecting more than one transaction in single / different accounts.  

@0.10% when cash deposited exceed Rs.1.50 lacs

15.

 

 

Revised Charges for NEFT as per RBI Circular 

Amounts upto Rs.10000/-

Amount from Rs.10001 to Rs. 1 lac

Amount above Rs.1 lac upto 2 lacs

Amount above Rs.2 lacs.

 

Revised Charges for RTGS as per RBI Circular 

Upto Rs.2/- lacs

Above Rs.5/- lacs

 

 

Rs.2.50

Rs.5/-

Rs.15/-

Rs.25/-

 

 

 

Rs.20/- + Taxes

Rs.50/- + taxes

16.

Tax Payment

     Rs.300/- P.A. (per party)

17.

CIBIL Charges 

   Rs.150/-

18.

SMS Charges (per quarter)

Saving         Rs.15/-

Current         Rs.25/- 

19.

Foreclosure Charges (Loan Account)

1% of loan outstanding in case of repayment


News & Notices

Positive Pay System for Cheque Truncation

Positive Pay System for high value Cheque Truncation

your bank has introduced Positive Pay System as per Reserve Bank Of India guidelines

If your issuing of cheque Rs. 50000 & above please contact your branch along with details of cheque & use Bank module system.

LIST OF DEAF ACCOUNT Unclaimed Deposit

LIST OF AMOUNT TRANSFERRED TO DEAF ACCOUNT WITH RBI AS ON 31ST OCTOBER , 2020.

CLICK HERE 

SALE NOTICE

SALE NOTICE

Sale Of Asset and Property Owned By The bank

Sale Notes

Notice to the customers

 

All the customers are hereby informed that our Mulund branch will be Merged with our Borivali East branch w.ef. 20.10.2020. Therefore all the customers of Mulund branch are requested to perform their banking transactions through our Borivali East branch situated at the below mentioned address. we regret for the inconvenience caused to the customers.


The Jain sahakari Bank Ltd.

Raj Ratan apartment, Ground floor,
Jain Mandir road, Daulat Nagar,
Borivali East Mumbai 400066
Tel No- 2892 1748 / 289 15587