Standard Tariff of Charges 2022



I. Statement of Charges – Operations



S. No.  Particulars Charges
A. VISA Card
1 Issuance Fee (One Time Basis) Free for Year 1
 
 Rs. 1,000/- from Year 2
 
 (Validity of card- 5 Years)
2 Issuance Fee (Yearly Installment Basis) Free for Year 1
 
 Rs. 300/- from Year 2 
 
 (Validity of card- 5 Years)
3 Replacement of Expired Card Rs. 300/-
4 Re – Issue/ Re-Emboss Rs. 300/-
5 Re – PIN Request Rs. 150/-
6 Wrong PIN Reset Rs. 50/- per request
7 Card Stoppage Request on Loss/Card Block & Unblock Fee Rs. 100/-
8 Account Link Change Charge Free
9 Card link to Overdraft Card Account Free
10 ATM Card Destroy charge (Not Received in 6 Months) Rs. 200/-
11 Repin uncollected Destroy Charge (Not Received in 6 months) Rs. 100/-
12 At the time of account closure where validity of card is remaining If account closed within Year 1: Rs. 200/-
 
 Otherwise Rs. 100/-
13 Cash withdrawal from other than bank’s ATM terminal Free for first 5 withdrawal and Rs. 20 per transaction from third time (per month)
14 Balance inquiry from other than bank’s ATM terminal Rs. 5 at NEPS terminal and Rs. 20 at non-NEPS terminal within Nepal
15 Cash withdrawal within VISA ATMs in India Rs. 250/-
16 Balance Enquiry within VISA ATMs in India  Rs. 50/-
B. Mobile Banking
1 First Time Subscription Free 
2 Yearly Renewal Charges/ Maintenance Rs. 250/-
3 Mobile Number Modification Free
4 Pin Reset Charge Rs. 25/-
5 Mobile banking Block/Unblock Rs. 25/-
6 Profile Change Free
7 Account Linkage Free for 2 accounts but Rs.100/- additional charge per additional account
8 Inter-branch Fund Transfer Charge Free
9 Inter Bank Fund Transfer 
 Up to Rs. 50,000
 From Rs. 50,001 up to Rs. 100,000
 Above Rs. 100,000

 Rs. 10 per transaction
 Rs. 20 per transaction
 Rs. 30 per transaction
C. Internet Banking
1 Subscription Charge Free
2 Password Reset Charge Rs. 100/-
3 Renewal Charge Rs. 100/- p.a.
4 Additional Account Link Charge Rs. 50/- p.a.
D. Cheque
1 Stop Payment Free of cost
2 Cheques Certified: Good for Payment Free of cost
3 Cancellation of Good for Payment Cheque Rs. 500/-
4 Cheques returned unpaid Counter/Clearing due to insufficient fund and/or signature differ Rs 500/- (Lien mark/ In case of insufficient balance in account, obtain charges equivalent to balance available in account.)
5 MC Cheque Issuance Rs. 250/- per cheque (Upon Customer request)
6 NRB Cheque Issuance Rs. 250/- per cheque (Upon Customer request)
 
 Note: Not applicable for BFIs in case of treasury transfer
7 Cancellation of MC & NRB Cheque Rs. 250/- per cheque
8 Cheque Book Issuance – Against Lost Cheque Book Rs. 200/- (Maximum 10 leaves); Rs. 10 per leaves for additional+ to change status of previously issued remaining cheque to Invalid Rs. 100/-
9 Single Leaf Cheque Print Rs 50/- per leaf (On Request of Customer)
10 Cheque Destroy Charge if not received in 6 months Rs. 250/- (Lien mark/ In case of insufficient balance in account, obtain charges equivalent to balance available in account)
11 Requisition Lost Charge Rs. 100/- per New Issue
12 Uncollected Cheque Book during Account Closure Rs. 100/- for cheque issued for first time otherwise nil
13 Cheque Issue of other bank on Demand of Customers  Rs. 100/- or 0.02% whichever is Higher
E. Locker Service
1 Security deposit Free for staffs
Small Size: Rs. 10,000/-
Medium Size: Rs. 15,000/-
Large and Jumbo Size: Rs. 20,000/-.
2 Annual Charge (To be taken upfront) 50% off for staffs
Small Size: Rs. 2,000/-
Medium Size: Rs. 4,000/-
Large Size: Rs. 6,000/-
Jumbo Size: Rs. 7,000/-
3 Breaking of locker if key lost by customer Rs. 3,000/- plus actual cost
4 Surrender of locker Rs. 2,000/-
F. Account Statement
1 Duplicate Statements Rs. 30/- per each page or maximum Rs. 500/- in total
2 Duplicate statement sent via mail Rs. 25/- per each page or maximum Rs. 100/- in total
3 Statement sent via courier Covered by Courier charge
G. Fixed Deposit
1 FD Premature Charge Interest to be provided @ 50% of the FDR rate or prevailing lowest savings rate whichever is lower.
2 Reprint for Fixed Deposit Certificate due to loss Rs. 500/- per reprint
H. Fund Transfer
1 Nostro Account (Central Bank of India, IC Amount Deposit and Payment As per separate policy
2 IPS Payment As per NCHL Rule
3 Connect IPS As per NCHL Rule (Free for staff)
4 RTGS  As per RTGS Rule
I. Remittance
1 Shangri-la Remit Charges up to Rs. 25,000 Rs. 100/-
2 Remittance Agency Service As per agreement with the Remittance Companies
J. Clearing/ Collection
1 Clearing/ Collection Free  for Less than Rs. 2,00,000  & others as per NCHL Rule
2 Late presentment /Last minute presentment charge As per NCHL Rule
K. Demat & Mero Share
1 Account open Rs. 50/-
2 Annual maintenance charge Rs. 100/-
3 BO- BO Transfer Rs. 25/-
4 Pledge Rs. 50/-
5 Rematerialization Rs. 50/-
6 Freeze Rs. 25/-
7 Family Transfer Minimum Rs. 200/- or 2 % of Face Value 
8 Death Transfer (on Face Value)
up to Rs. 100,000 0.5% or Minimum Rs. 25/-
Rs. 100,001 to Rs. 500,000 0.2% or Minimum Rs. 500/-
Rs. 500,001 to Rs. 1,000,000 0.15% or Minimum Rs. 1,000/-
Rs. 1,000,001 and above 01%  or Minimum Rs. 1,500/-
9 Meroshare registration and renewal (Annually In advance) Rs. 50/-
L. Data/Record Retrieval
1 CCTV Footage Retrieval Charge Rs. 500/- (Except regulatory and local authorities and prior approval of Head Office Required)
2 Record Retrieval Charge Up-to 3 month Rs. 100/-
3 months to 1 year Rs. 200/-
1 year to 2 years Rs. 300/-
Above 2 years Rs. 500/-
M. Courier & Postage Charges
1 Courier for each packet upto 500gm Rs.150/- for Nepal & Rs. 500/- for India
2 Postage Rs. 50/- for Nepal & Rs. 250/- for India.
N. Others
1 Any Branch Banking Services (ABBS) Charge Free
2 ASBA Rs. 5/-
3 Scheme Transfer Charge Rs. 200/-
4 Standing Instructions Rs. 200/- per instruction per transaction / $5 for FCY account
 
 Note: Standing Instruction charge shall not be levied for current call account tie up.
5 Withdrawal Slip Rs. 50/- (withdrawal maximum amount of Rs. 25,000/-)
 
 Free for staffs  &  due to failure of ATM operations.
6 Duplicate Customer Dr/Cr Advice Charge Up-to 3 month Rs. 50/-
3 months to 1 year Rs. 100/-
1 year to 2 years Rs. 200/-
Above 2 years Rs. 300/-
7 Interest Earned Certificate/Other Rs. 500/-
8 Duplicate TDS certificate  Rs. 100/-
9 Re-issuance of any other correspondence Rs. 100/-
10 Recovery related charge: Fuel cost, Field visit Actual cost
11 FCY Inward Remittance  Free for customer
12 FCY Cheque Purchase 0.2% + Courier Charges + Corresponding branch charges



II. Statement of Charges – Credit



S. No. Particulars Charges
A. Service Charge
1 Business & Industry (Corporate) Loans –Term and OD 1.00%
Loan Amount more than 3 Crores 0.75%*
2 SME Loans (Term and OD) Loan Amount up to 3 Crores 1.00%
3 Deprived Sector Wholesale Lending 0.50%
4 Deprived Sector Group Guarantee Based 1.00%
5 Deprived Sector Loan (Other than group based and wholesale)
6 Wholesale Lending
7 Home Loans and Auto Loans
8 Shares/Security Loan (Term and OD)
9 Demand Loan (Corporate)
10 Demand Loan (SME)
11 Personal OD, Term Loan Demand Loan
12 Hire Purchase Loan
13 Guarantee Loan
14 Real Estate Loan
15 Foreign Employment Loan
16 Education Loan
17 Vehicle Loan
18 Consortium Loan As Per Agreement
19 Gold Loan Up to Rs. 100,000: Rs. 200 Flat
 Above Rs. 100,000: Rs. 500 Flat
B. Renewal Charges
1 Personal OD 20% of Service Charge
2 Share Loans (OD)
3 Business & Industry (Corporate) Loans (OD)
4 SME Loans (OD)
5 Other Revolving Loans
6 Deprived Sector Wholesale Lending and Others
C. Collateral Release/ Replacement Charge
1 Partial release under Gold Loan Up to Rs. 100,000: Rs. 100 Flat
 Above Rs. 100,000: Rs. 250 Flat
2 Partial release of Fixed Assets Collateral/Vehicle Rs. 1,000/- Flat
3 Share Release/Replacement Charge Rs.  200/- Flat per Transaction
D. Prepayment Charges
1 Loan amount up to NRs. 5 Million Nil
2 Loan amount above NRs. 5 Million Within 2 years: 1%
Between 2 years and 5 years: 0.50%
Above 5 years: 0.20%
E. Certification Charge
1 No Due Certificate/ inter bank credit information Rs. 250/-
2 No Objection Letter Rs. 200/-
3 Loan Clearance Certificate Rs. 1,000/-
F. Other
1 Bank Guarantee Commission

Bid Bond 1.00% p.a. (0.25% p.q.) or Rs. 1,500/-  whichever is higher 

Performance Bond 1.50% p.a. (0.375% p.q.) or Rs. 2,500/-  whichever is higher 
2 Loan Swap Charge Within 2 years: 1%
Between 2 years and 5 years: 0.50%
Above 5 years: 0.20%
3 Commitment Charge 0.2% (as mentioned in Offer letter)
4 Valuation Charge As per Valuation Guideline of the bank
5 Timely Non-submission of documents: Audited Financial Statements/TCC after Poush end / Extension approval from IRD within Ashwin end Rs. 1,000/-



*On loans sanctioned for repayment at other BFIs.



NOTES:




1. Institutional Loan (Except Wholesale Lending, Vehicle Loan, Energy Loan, Real Estate Loan), up to Rs. 3 crores (based on single business exposure) shall be accounted under SME (Term- SME Term, Overdraft – SME OD) and above Rs. 3 crores shall be accounted under Corporate Loan(i.e. Term – Term Loan, Overdraft – Business OD)
2. Above service charge shall be applicable for customer w.e.f. 2079.03.01