Fees & charges
|Charges for non maintenance of minimum quarterly average balance
||Rs.125/- plus service tax
|ATM transaction at own bank
||The number of transactions including ATM transactions in all Savings Bank accounts (excluding KVB Prestige, Rainbow Savings Account, Basic Savings Bank Account and Grama Jyothi Accounts) is limited to 90 transactions for each half year (excluding system based debits). Where a person has more than one account mapped to a single Customer ID, the total number of debit transactions permitted in all such accounts put together will be limited to 90 per half year.
When number of withdrawals is more than the maximum stipulated, a service charge of Rs.2/- (inclusive of service tax) will be levied for each transactions in excess of 90 transactions.
|Cash withdrawal at ATMs in India
||Rs.50,000/ per day at non- base branch
Cash withdrawal at base branch - free
|Issue of DD drawn on base Bank/banks branch by cheque/transfer
||Up to Rs.50/- free;
Above Rs.50/- 10% of the value of the instrument.
Max – Rs.250/-
|Statement/Duplicate Account Statement
||Issue of Duplicate Statement : Rs.10/- with latest balance; for earlier entries, Rs.10/- per page or part thereof
||Free Cheque book – 60 leaves per year ;
||issue of duplicate pass book - Rs.10/- with latest balance; for earlier entries, Rs.10/- per page or part thereof
|Outstation cheque collection
||Up to & Including Rs. 5000/- Rs. 25/- per Instrument
|Return of Cheque
||Local Cheque (of our bank) - Rs.30/-
Outstation Cheques 50% of commission charged as per RBI guidelines + other bank charges if any
|Stop Payment for individual cheque or a range of cheques
||Rs.50/- per instrument; Rs.150/- for series of instruments
Above Rs. 5000/- & up to & including Rs. 10000/- Rs. 50/- per Instrument
Above Rs. 10000/- & up to & including Rs. 100000/- Rs. 100/- per Instrument
Above Rs. 100000/- Rs.200/- per instrument.
|Closure of Account
||If closed within 1 year – Rs.125 /-.
If closed after 1 year - Nil