Service Charges

Nature of Service

Service Charges

Charges on Account Facilities

Inoperative account

Saving Account: Rs 50/- plus Taxes per annum.


Current Account: Rs 100/- plus Taxes per annum.

Issue of CTS cheque


(Saving & Current account)

Rs 5/- plus Taxes per cheque leaf

Issue of Passbook / statement / Balance certificate

NIL

Duplicate Passbook / statement

Rs 50/- per Passbook

Stop payment instructions

Rs 50/- plus Taxes per instrument up to 3 leaves.


For above 3 instruments maximum of Rs 200/- plus Taxes.

Balance Enquiry

NIL

Account closure After 12 months


(a/c transfer not included)

Saving Account: Rs 100/- plus Taxes


Current Account: Rs 200/- plus Taxes

Signature Verification

Rs 50/- per signature

Duplicate TDR in case of loss of TDR

Rs 50/- plus Taxes per Bond

Cash handling charges for Saving / Current / CC accounts at Base Branch

Below 100/- section : Rs 10/- plus Taxes per section


Above Rs 100/- section : NIL

Remittance Facility

Issue of demand drafts, Banker's cheque

NIL

Re-validation / cancellation of drafts, Banker Cheques

Re-validation: NIL


Cancellation of draft…..Rs.100/- per instrument

Issuance of duplicate demand draft

Rs 100/- per instrument

Collection of cheques - Local

NIL

Outstation Cheque Collection (Non CTS)


Note: Payee Banker charges if any will be extra to above.

Cheque Collection under - CTS

NIL

NEFT / RTGS - Outward

NIL

NEFT / RTGS - Inward

NIL

E-Payment GOTGDDB Payment

NIL

DD/BC/Other Bank cheque Purchase Local

Interest @ 0.12% on Cheque Amount. In case of cheques returned unpaid interest at 24% p.a. after adjusting the amount collected.

DD/BC/Other Bank cheque Purchase Outstation

Interest @ 0.24% on Cheque Amount. In case of cheques returned unpaid interest at 24% p.a. after adjusting the amount collected.

Cheques / bills deposited returned unpaid - outward.

Rs 100/- plus Taxes

Cheques issued & returned unpaid due to insufficient funds - Inward

Rs 250/- plus Taxes

At par remittance of maturity proceeds of Time Deposits as well as periodical interest to another branch/Bank.

Free

At par collection of cheques issued as per court orders for investment in Time Deposits.

Free

FUND TRANSFER (Inter-Branch)

Transfer of funds through cheque among the customers of inter branches is Free of charge irrespective of any amount.

NACH / ECS Mandate Registration charges

Rs 200/- plus Taxes for setting up NACH / ECS Mandate Registration.


Rs 100/- plus Taxes for NACH return charges due to insufficient balance.

Setting up Standing Instructions (SI).

NIL

Processing of SI (other than Bank Transfers)

NIL

Charges for inability to carry out standing instructions due to insufficient balance in the account

Rs 40/- plus Taxes per occasion.

Penal Charges for late payment of installment in Recurring Deposit A/c.

2% on required EMI for the delayed period.

Safe deposit articles

Rs 500/- + Taxes one time charges plus,
Envelope - Rs 100/- +Taxes p.a.


Package - Rs 500/- + Taxes p.a.


Large packet / Box - Rs 1000/- + Taxes p.a.


Subject to maximum total dimensions ( i.e. length+width+ height) should not exceed 100 c.m. if exceed 100 c.m. Rs 20/-per c.m.


(subject to availability of space available)

Safe custody charges


a) Scrips ( for each script)


b) Sealed cover (for each cover)


c) Bank's own deposit receipt



a) Rs. 100/- plus Taxes per script Min. Rs. 200/- p.a. or part thereof.


b)Rs. 200/- plus Taxes per cover p.a. or part thereof.


c) NIL

Transfer of Securities From pledge to safe custody.

Rs 30/- plus Taxes per security, subject to a minimum of Rs 30/- per account.

Safe Deposit Lockers


Annual charges


Note: Two years Rent should lie as an advance during the hiring period.

In case of loss of key of the Lockers, a service charge of Rs 500/- plus Taxes has to be recovered from hirer in addition to the actual expenditure incurred for breaking open the locker and changing the lock by manufacturers of lockers.

Photo attestation charges

NIL

Record copy of the Cheque

NIL

Interest certificate

Free of cost for the first time.
Rs 50/- per certificate for extra copy.

Enquiries relating to old records (more than 12 months old)

Rs 100/- per item

"Addition / deletion of names in Joint Accounts / Nominations / Change in operational instructions (including Lockers)"

Rs 25/- per occasion.

ATM Charges

Joining Fee

NIL

Annual Fee

Classic Card : Rs 100/- plus Taxes


Platinum Card : Rs 150/- plus Taxes


(The annual fees will be debited every Year on or before 31st March for the cards issued up to 31st March)

Card Replacement Fee

Classic Card : Rs 100/- plus Taxes


Platinum Card : Rs 150/- plus Taxes

Regeneration of PIN

Rs 25/- plus Taxes

Cash withdrawal at GAYATRI Bank's ATM's

Free

Withdrawal from other bank’s ATM


(For Saving Accounts Only)

Free up to 5 transactions per month
per transaction Rs.20/- plus Taxes from 6th transaction for Financial Transactions


per transaction Rs.5/- plus Taxes from 6th transaction for Non Financial Transactions

Issuance of one additional card

Classic Card : Rs 100/- plus Taxes


Platinum Card : Rs 150/- plus Taxes

Issuance of more than one additional card

Rs. 250/- plus Taxes per card.

SMS Charges

Rs 25/- plus Taxes at half yearly

Gold Loan Processing Charges

NIL

Recovery/Legal Action Charges

Registered notice (In Postal/Courier)

Rs 100/- per instance

Notice under Co-Op Act / other Legal Notice

Actuals + Rs 200/- + Taxes per instance

Notice under Sec 70,71 certificates

Actuals + Rs 500/- + Taxes per instance

Notice under SARFAESI Act

Actuals + Rs 200/- + Taxes per instance

Notice in News Paper

Actuals + Rs 500/- + Taxes per account, per instance

Execution of Legal Auction

Actuals + Rs 500/- + Taxes per account, per instance

Prepayment Charges for retail advances

No prepayment charges if the loan is adjusted by the borrower from his own verifiable legitimate sources.