• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• A
• SAVINGS ACCOUNTS
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

•  
• Without Cheque Book Facility
•  
• Rs.500/-
• Rs.12/- per occasion
  
• Rs.500/-
• Rs.12/- per occasion

•  
• SB a/c. without occasion facility opened at branches outside Mumbai, Navi Mumbai & Thane Region.
•  
• Rs.300/-
• Rs.5/- per quarter
• Rs.300/-
• Rs.12/- per occasion

•  
•  
•  
• (For further details refer to A/c.Dept Circular No.98, dt.29/10/2009)
•  
• R(For further details refer to A/c.Dept Circular No.98, dt.29/10/2009)
•  

•  
• With Cheque Book Facility
•  
• Rs.1000/-
• Rs.12/- per occasion
• Rs.1000/-
• Rs.12/- per occasion

•  
• No Frills SB A/C
•  
• Rs.100/-
• Nil
• Rs.100/-
• Nil

•  
• Multicity AT PAR Cheque facility
•  
• Rs.10,000/-
• Nil
• Rs.10,000/-
• Rs.12/- per occasion

•  
• Zero Balance A/c.
•  
• Nil
• Nil
• Nil
• Nil

•  
•  
•  
• (for further details pl.refer A/c.Dept.circular No.106, dt.08/07/2010.)
•  
• (for further details pl.refer A/c.Dept.circular No.106, dt.08/07/2010.)
•  

•  
• Mahaflexi Savings Deposit A/c. (sweep-in facility)
•  
• Rs.5000/- on quarterly basis
• Rs.150/- per occasion
• Rs.5000/- on quarterly basis
• Rs.150/- per occasion

•  
•  
•  
• (for further details pl.refer A/c.Dept.circular No.97, dt.03/10/2009.)
•  
• (for further details pl.refer A/c.Dept.circular No.97, dt.03/10/2009.)
•  

•  
• Payment made without passbook
•  
• Nil
•  
• Rs.10/- per occasion
•  

•  
• More than 50 times withdrawal in 6 months
•  
• Rs.1/-
•  
• Rs.6/- per occasion
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• B
• CURRENT ACCOUNTS
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

•  
• Current Saving
•  
• Rs.2500/-
• Rs.32/- per occasion
• Rs.3,000/-
• Rs.50/- per occasion

•  
• Multicity Current A/C AT PAR Cheque facility
•  
• Rs.2500/-
• Rs.150/- per occasion
• Rs.25000/-
• Rs.150/- per occasion

•  
• Mahaflexi Deposit A/c. (sweep-in facility)
•  
• Rs.1,00,000/- on quarterly basis
• Rs.1,000/- per quarter
• Rs.1,00,000/- on quarterly basis
• Rs.1,000/- per quarter

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• C
• INOPERATIVE ACCOUNTS
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

• i.
• Savings Account
• Rs.50/- annually
• Rs.12/- per occasion
•  
• Rs.50/- annually
•  

• ii.
• Current Account
• Rs.100/- annually
• Rs.12/- per occasion
•  
• Rs.100/- annually
•  

•  
• (As per A/c.Dept. Circular No.83 dt.22/1/2009 Charges for making Inoperative Account Operative No charges should be taken)
• (if balance is below fixed amount, entire amount should be recovered)
•  
•  
• (In case of Inoperative Account, if available balance is below amount of charges, in such a case the existing balance amount in account shall be adjusted towards service charges and remaining charges should be receovered at the time of sufficient balance available in the account or on closure or change in the status)
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• D
• DUPLICATE PASS BOOK STATEMENT
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

•  
• Duplicate Pass Book / Statement
•  
• With present balance Rs.25/-, With previous entries Rs.11/- per page of statement. For current a/cs Rs.11/- for each page of statement
•  
• Rs.30/- per Passbook / Statement with latest balance and Rs.20/- per page for previous entries
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• E
• Stop payment instructions / withdrawal thereof
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

•  
• Stop payment instructions / withdrawal thereof
•  
• Rs.20/- per instrument (maximum Rs.200/-) [for sb & current a/c.]
•  
• [for savings a/c.] Rs.50/- per instrument (maximum Rs.300/-)
•  

• a)
•  
• Rs.50/- per cheque if Payee's name is written
• Rs.20/- per instrument (maximum Rs.200/-) [for sb & current a/c.]
•  
• [for current a/c.] Rs.50/- per instrument (maximum Rs.500/-)
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• F
• CHEQUE RETURN CHARGES
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

•  
• CHEQUE RETURN CHARGES
• Rs.50/- per blank cheque subject to max Rs.200/-
• FOR INWARD RETURNS
• FOR OUTWARD RETURNS
• FOR INWARD RETURNS
• FOR OUTWARD RETURNS

• 1)
• LOCAL CLEARING
•  
• FOR REQUIREMENT OF FUNDS
•  
• FOR REQUIREMENT OF FUNDS & STOP PAYMENT CHARGES
• FOR REQUIREMENT OF FUNDS & STOP PAYMENT CHARGES

•  
•  
•  
• For Cheques upto Rs.1.00 Lac Charges Rs.500/- plus 18%p.a.interest per day.
• Rs.30 per cheque
• Minimum Rs.100/- OR 0.10% of cheque amount (Maximum of Rs.5000/-) plus interest @ 18.00% p.a.
• For Cheques upto Rs.1.00 Lac Charges Rs.50/-.

•  
•  
•  
• For Cheques Above Rs.1.00 Lac Charges Rs.1000/- plus 18%p.a.interest per day.
•  
•  
• For Cheques Above Rs.1.00 Lac to Rs.5 Lacs Charges Rs.200/-

•  
•  
•  
•  
•  
•  
• For Cheques Above Rs.5.00 Lacs Rs.300/-.

•  
•  
•  
•  
•  
• Cheque returned due to encoding error OR cheque deposited on account of loan recovery of the bank, charges will be NIL
•  

•  
•  
•  
• FOR OTHER REASONS
•  
• FOR OTHER REASONS
• FOR OTHER REASONS

•  
•  
•  
• Rs.300/- per cheque (EXCEPT STOP PAYMENT)
• Rs.30 per cheque
• Rs.300/- per cheque plus Interest @ 18.00% p.a.
• Rs.50/- per cheque

•  
• CHEQUE RETURN CHARGES
• Rs.50/- per blank cheque subject to max Rs.200/-
• FOR INWARD RETURNS
• FOR OUTWARD RETURNS
• FOR INWARD RETURNS
• FOR OUTWARD RETURNS

•  
•  
•  
•  
•  
• Note:- No concession should be given for deletion / reduction of charges at Branch Level. However amount can be refunded with the approval of M.D / G.M. in written sanction, if cheques are returned for technical reasons other than funds insufficient in account.
•  

• 2)
• ECS
•  
• FOR REQUIREMENT OF FUNDS
•  
• FOR REQUIREMENT OF FUNDS
•  

•  
•  
•  
• Rs.57/- plus interest of 5 paise per Rs.100/- per day on amount of cheque (i.e.@ 18.50% p.a.)
• Rs.30 per cheque
• Rs.57/- plus interest of 5 paise per Rs.100/- per day on amount of cheque (i.e.@ 18.00% p.a.)
• Rs.30 per entry

•  
•  
•  
• FOR OTHER REASONS
•  
• FOR OTHER REASONS
•  

•  
•  
•  
• Rs.55/- per cheque / entry (Except Stop Payment)
•  
• Rs.55/- per cheque / entry (Except Stop Payment)
•  

• 3)
• OUTSTATION CHEQUES
•  
• Cheque upto Rs.500/- charges Rs.8/- + postage
•  
• Upto Rs.10,000/- Charges Not Exceeding Rs.50/- per instrument
•  

•  
•  
•  
• Cheque Above Rs.500/- upto Rs.1000/- charges Rs.10/- + postage
•  
• Above Rs.10,000/- to Rs.1.00 Lac, Charges Not Exceeding Rs.100/-
•  

•  
•  
•  
• Cheque Above Rs.1000/- upto Rs.5000/- charges Rs.15/- + postage
•  
• Above Rs.1.00 La, Charges Not Exceeding Rs.150/-
•  

•  
•  
•  
• Cheque Above Rs.5000/- upto Rs.10000/- charges Rs.20/- + postage
•  
• (Above Charges are prescribed asper RbI letter No.611/03.01.03(P) /2008-09 dated 08/10/2008.
•  

•  
•  
•  
• Cheque Above Rs.10000/- upto Rs.1.00Lac charges Rs.1.75/- per Rs.1000/- or part thereof + postage
•  
•  
•  

• 4)
• NATIONAL CLEARING
•  
• Rs.30/- per instrument
•  
• FOR REQUIREMENT OF FUNDS & STOP PAYMENT- Minimum Rs.100/- OR 0.10% of cheque amount (Maximum of Rs.5000/-) plus interest @ 18.00% p.a.
•  

•  
•  
•  
•  
•  
•  
• FOR OTHER REASONS- Rs.300/- per cheque plus interest @ 18.00% p.a.

• 5)
• Multicity AT PAR Cheque facility
•  
• For Savings Accounts- Rs.250/- + int. @ Rs.0.05 per Rs.100/-
•  
• FOR REQUIREMENT OF FUNDS & STOP PAYMENT- Minimum Rs.100/- OR 0.10% of cheque amount (Maximum of Rs.5000/-) plus interest @ 18.00% p.a.
•  

•  
•  
•  
• For Current Accounts- Rs.350/- + int. @ Rs.0.05 per Rs.100/-
•  
•  
•  

•  
•  
•  
• (for further details refer to Account Dept Circular No.86 & 87 issued dated 21/3/2009 & 01/4/2009 Respectively)
•  
•  
•  

•  
•  
•  
•  
•  
• FOR OTHER REASONS- Rs.300/- per cheque plus interest @ 18.00% p.a.
•  

•  
•  
•  
•  
•  
• FOR OTHER REASONS- Rs.300/- per cheque plus interest @ 18.00% p.a.
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• G
• Premature closing of A/cs within one year of their opening:
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

• i)
• Savings Account
•  
• Rs.75/-, (Rs.55/- if closed after one year) Unused cheques charges- Rs.2/- per cheque leaf
•  
• If closed within 1 year of Account opening Rs.100/- (Unused cheques charges- Rs.3/- per cheque leaf).
•  

• ii)
• Current Account
• Rs.100/-
• Rs.130/-, (Rs.80/- if closed after one year) Unused cheques charges- Rs.3/- per cheque leaf
•  
• If closed within 1 year of Account opening Rs.200/- (Unused cheques charges- Rs.5/- per cheque leaf).
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• H
• Chequebook Charges
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

• i)
• Savings Account
•  
• For More than 50 cheque leaves in accounting year Rs.1/- per cheque leaf.
•  
• For More than 50 cheque leaves in accounting year Rs.2/- per cheque leaf.
•  

• ii)
• Current Account
• 40 cheque leaves free in a calender year. Rs.2/- per cheque thereafter. No charges in accounts of Co-op. Societies
• Rs.1/- per cheque leaf
•  
• Rs.3/- per cheque
•  

•  
• CLoose Cheques for Savings & Current Account
• Rs.2/- per cheque
•  
•  
• Rs.5/- per instance
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• I
• Changes in operational instructions
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

•  
• Changes in operational instructions
•  
• Nil
•  
• Rs.25/- per occasion (applicable only to current accounts)
•  

•  
•  
•  
• Rs.25/- per occasion (applicable only to current accounts)
•  
• Free for SB Accounts
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• J
• Daily Deposit Scheme (issue of duplicate passbook)
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

•  
• Daily Deposit Scheme (issue of duplicate passbook)
•  
• Rs.15/-
•  
• Rs.25/-
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• K
• Changes in operational instructions / addition / deletion / substitution of names
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

•  
• Changes in operational instructions / addition / deletion / substitution of names
•  
• NIL
•  
• Rs.50/- per occasion
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• L
• REMITTANCES
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

• 1)
• Issue of Pay-order
•  
•  
•  
•  
•  

•  
• Upto and including Rs.10,000/-
•  
• Upto Rs.500/- charges Rs.5/- , Above Rs.500 upto Rs.1000 charges Rs.15/-,
•  
• Upto Rs.500/- charges Rs.5/- , Above Rs.500 upto Rs.1000 charges Rs.15/-,
•  

•  
• Rs.10,001/- to Rs.1,00,000/-
• Rs.30/-
• Above Rs.1000 upto Rs.5000 charges Rs.25/-, Above Rs.5000/- upto Rs.20000/- charges Rs.30/-
•  
• Above Rs.1000 upto Rs.5000 charges Rs.25/-, Above Rs.5000/- upto Rs.20000/- charges Rs.30/-
•  

•  
• Above Rs.1,00,000/-
• Rs.2/- per Rs.1000/- or Part thereof, minimum Rs.30/-
• Above Rs.20,000/- upto Rs.1/- lac charges Rs.1.50 per thousand or part thereof, Above Rs.1/- lac upto Rs.2/- Lacs charges Rs.155/-, Above Rs.2/- lacs upto Rs.10/- lacs charges Rs.0.75 per thousand or part thereof, Above Rs.10/- lacs charges Rs.650/-
•  
• Above Rs.20,000/- upto Rs.1/- lac charges Rs.1.50 per thousand or part thereof, Above Rs.1/- lac upto Rs.2/- Lacs charges Rs.155/-, Above Rs.2/- lacs charges Rs.0.75 per thousand or part thereof (Maximum charges of Rs.5000/-)
•  

• 2)
• HDFC BANK DRAFT Facility (Charges subject to change if any changes made by HDFC Bank)
•  
• For drafts upto Rs.10,000/- charges minimum Rs.25/- (incl.service tax) and for drafts above Rs.10,000/- charges Rs.2/- per thousand (including service tax) Maximum Rs.5,000/-
•  
• For drafts upto Rs.10,000/- charges minimum Rs.25/- (incl.service tax) and for drafts above Rs.10,000/- charges Rs.2/- per thousand (including service tax) Maximum Rs.5,000/-
•  

• 3)
• Bank of Maharashtra DD Facility (Charges subject to change if any changes made by Bank of Maharashtra)
•  
• Upto Rs.10,000/- charges Rs.34/- + our bank charge Rs.10/-
•  
• Upto Rs.10,000/- charges Rs.34/- + our bank charge Rs.10/-
•  

•  
•  
•  
• From 10,001/- to Rs.18,000/- charges Rs.55/- + our bank charge Rs.10/-
•  
• From 10,001/- to Rs.18,000/- charges Rs.55/- + our bank charge Rs.10/-
•  

•  
•  
•  
• From 18,001/- to Rs.1,00,000/- charges Rs.3/-per thousand (minimum Rs.55, Maximum Rs.13790/-) + our bank charge Rs.10/-
•  
• From 18,001/- to Rs.1,00,000/- charges Rs.3/-per thousand (minimum Rs.55, Maximum Rs.13790/-) + our bank charge Rs.10/-
•  

•  
•  
•  
• Above Rs.1,00,001/- charges Rs.2.80 per thousand (min. Rs.55/- & Max.Rs.13790/-) + our bank charge Rs.10/-
•  
• Above Rs.1,00,001/- charges Rs.2.80 per thousand (min. Rs.55/- & Max.Rs.13790/-) + our bank charge Rs.10/-
•  

• 4)
• DD under M.A.Scheme with MSC Bank Ltd (charges subject to change if any changes made by MSC Bank)
•  
• Upto Rs.10,000/- charges Rs.20/-
•  
• Upto Rs.10,000/- charges Rs.20/-
•  

•  
•  
•  
• From Rs.10,001/- to Rs.1.00 Lac charges Rs.2/- per thousand (minimum Rs.40/-)
•  
• From Rs.10,001/- to Rs.1.00 Lac charges Rs.2/- per thousand (minimum Rs.40/-)
•  

•  
•  
•  
• Above Rs.1.00 Lac charges Rs.4/- per thousand (maximum Rs.7,000/-)
•  
• Above Rs.1.00 Lac charges Rs.4/- per thousand (maximum Rs.7,000/-)
•  

• 5)
• Income Tax TDS & Service Tax Remittance (mumbai, thane & navi mumbai region only)
•  
• Rs.50/- per remittance for Account holder transactions (free for our bank branch tds & service tax remittance)
•  
• Rs.50/- per remittance for Account holder transactions (free for our bank branch tds & service tax remittance)
•  

• 6)
• Issue of duplicate demand draft / pay order / Term Deposit Receipt
•  
• Rs.20/-
•  
• For Instrument Amount upto Rs.1000/- Charges Rs.20/- per instrument & For Instrument Above Rs.1000/- charges Rs.50/- per instrument
•  

• 7)
• Cancellation of demand draft / pay order
•  
• Rs.20/-
•  
• Rs.50/-
•  

• 8)
• Revalidation of demand draft / pay order
•  
• Rs.20/-
•  
• Rs.20/-
•  

• 9)
• Closure of Fixed / Savings/ Current A/c s & remittance of balance by Pay Order / DD including payorder issued from loan disbursements.
•  
• NIL
•  
• NIL
•  

• 10)
• Remittance by Electronic Device
•  
•  
•  
•  
•  

• 1)
• Inward RTGS / NEFT / ECS
•  
• NIL
•  
• NIL
•  

• 2)
• Outward
• NIL
•  
•  
•  
•  

• a)
• RTGS
•  
•  
•  
•  
•  

• i)
• Rs.1 Lac to less than Rs.5 Lacs
•  
• Rs.25/- per transaction
•  
• Rs.28/- per transaction
•  

• ii)
• Rs.5 Lacs & Above
• Rs.25/- per transaction
• Rs.50/- per transaction
•  
• Rs.55/- per transaction
•  

• b)
• NEFT
• Rs.50/- per transaction
•  
•  
•  
•  

• i)
• Upto Rs.1 Lac
•  
• Rs.5/- per transaction
•  
• Rs.6/- per transaction
•  

• ii)
• Above Rs.1 Lac
• Rs.5/- per transaction
• Rs.25/- per transaction
•  
• Rs.28/- per transaction
•  

• 11)
• COLLECTION OF BILLS / CHEQUES
•  
• For Collection of Outstation CHEQUES
•  
•  
•  

•  
•  
•  
• Upto Rs.10,000/- Maximum Charges Rs.50/-
•  
• Upto Rs.10,000/- Charges Not Exceeding Rs.50/- per instrument
•  

•  
•  
• Rs.50/-
• Above Rs.10,000/- to Rs.1.00 Lac Maximum Charges Rs.100/-
•  
• Above Rs.10,000/- to Rs.1.00 Lac Charges Not Exceeding Rs.100/-
•  

•  
•  
•  
• Above Rs.1.00 Lac Maximum Charges Rs.150/-
•  
• Above Rs.1.00 Lac Charges not exceeding Rs.150/-
•  

•  
•  
• Rs.100/- per instrument
•  
•  
• As per RBI Circular No.DPSS.CO.No.611/03.01.03(p)/2008-09 dated 08/10/2008.
•  

• 12)
• Handling charges for cheques / bills RETURNED
•  
• Upto Rs.1000/- charges Rs.25/-, Above Rs.1000 upto Rs.5000 charges Rs.40/-, Above Rs.5000/- upto Rs.10,000/- charges Rs.60/-, Above RS.10,000 upto Rs.10 Lacs Charges Rs.6/- per thousand or part thereof, Above Rs.10 Lacs charges Rs.1000/- (All charges are excluding postage charges)
•  
• Upto Rs.10,000/- Maximum Charges Rs.25/-, Above Rs.10,000/- to Rs.1.00 Lac Maximum Charges Rs.50/-, Above Rs.1.00 Lac Maximum Charges Rs.100/-.
•  

• 13)
• Funds Transfer Charges by FAX to our outstation branches (Except Loan Recovery & Fixed Deposits)
•  
• Upto Rs.10000/- charges Rs.25/-, Above Rs.10,000/- upto Rs.1.00Lac charges Rs.35/-, For Amount Above Rs.1.00Lac charges Rs.45/-
•  
• Upto Rs.10000/- charges Rs.25/-, Above Rs.10,000/- upto Rs.1.00Lac charges Rs.35/-, For Amount Above Rs.1.00Lac charges Rs.45/-
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• M
• OTHER SERVICE CHARGES
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

• 1)
• Franking Charges
•  
• For Co-op. Societies Rs.7.50 per document, For Others Rs.10.00per document.
•  
• For Co-op. Societies Rs.7.50 per document, For Others Rs.10.00per document.
•  

• 2)
• PAN CARD SERVICES THROUGH NSDL (Charges Subject to changes if any made by NSDL)
•  
• Rs.87/- coupon charges (Rs.7/- bank charges)
•  
• Rs.87/- coupon charges plus Rs.7/- bank charges, Total Charges Rs.94/-.
•  

• 3)
• Demat Services
•  
•  
•  
•  
•  

• a)
• Account Opening Charges
•  
• Nil
•  
• Rs.110/- (Rs.100/- stamp duty and Rs.10/- service charges)
•  

•  
• Advance/ Deposit
•  
• Nil
•  
• Rs.1000/- for bank a/c holder & Rs.2500/- F.D. for Non-A/c.holder
•  

• b)
• Account Closing Charges
•  
• Nil
•  
• Nil
•  

• c)
• Custody charges
•  
• Nil
•  
• Nil
•  

• d)
• Market Purchase
•  
• Nil
•  
• Nil
•  

• e)
• Off-Market Purchase
•  
•  
•  
• Nil
•  

• f)
• Dematerialisation Charges
•  
• Nil
•  
• Rs.2/- per certificate + postage Rs.35/- per demat request.
•  

• g)
• Pledge Creation
•  
•  
•  
• Rs.50/- per ISIN
•  

• h)
• Pledge Creation Confirmation
•  
• Nil
•  
• Rs.25/- per ISIN
•  

• i)
• Pledge Closure
•  
• Rs.20/- per ISIN
•  
• Rs.25/- per ISIN
•  

• j)
• Pledge Closure Confirmation
•  
•  
•  
• Rs.25/- per ISIN
•  

• k)
• Pledge Invocation
•  
•  
•  
• Rs.25/- per ISIN
•  

• l)
• Remat Charges
•  
• Rs.15/- per Certificate + Postage Rs.25/-
•  
• Rs.30/- for every hundred securities or part thereof or flat fee of Rs.30/- per certificate whichever is higher + postage Rs.35/-
•  

• m)
• Duplicate Statements
•  
• Rs.15/- per account for first two pages, Additional Rs.5/- per page
•  
• Rs.15/- per account for first two pages, Additional Rs.5/- per page
•  

• n)
• Failed Instructions
•  
• Rs.25/- per request
•  
• Rs.25/- per ISIN
•  

• o)
• Annual Maintenance Charges (AMC)
•  
• Rs.175/- yearly (April to March)
•  
• Rs.200/- yearly (April to March)
•  

• p)
•  
•  
•  
•  
•  
• Late Submission of DIS Rs.50/- per ISIN

•  
•  
•  
•  
•  
•  
• Late Submission of DIS Rs.50/- per ISIN

• 4)
• Foreign Exchange (transaction handled through MSC Bank)
•  
•  
•  
•  
•  

•  
• Non-Trade Remittance
•  
• Charges equal to the charges levied by MSC Bank debited to respective client A/c.
•  
• Charges equal to the charges levied by MSC Bank debited to respective client A/c.
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• N
• ADVANCES (MISCELLANEOUS)
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

• 1)
• Sale of Loan Application Form
•  
•  
•  
•  
•  

•  
• Personal Loan / Tangible Security
•  
• Rs.25/-
•  
• Rs.50/-
•  

•  
• Business Loans
•  
• Rs.40/-
•  
• Rs.100/-
•  

•  
• Bank Gurantee & Solvency Certificate
•  
• Rs.25/-
•  
• Rs.100/-
•  

•  
• Housing Loans
•  
• Rs.55/-
•  
• Rs.100/-
•  

•  
• Membership
•  
• Rs.15/-
•  
• Rs.25/-
•  

•  
• Nominal Membership
•  
• Rs.10/-
•  
• Rs.25/-
•  

• 2)
• Loan Process Charges (Non-Refundable)
•  
•  
•  
• Loans processing charges (Excluding Housing & Education Loans) slabwise a follows-
•  

•  
•  
•  
• Rs.1/- per thousand, Minimum Rs.25/-
•  
• Upto Rs.2.00 Lacs processing charges @ 1% of loan amount
•  

•  
•  
•  
• Rs.1/- per thousand, Minimum Rs.50/-
•  
• Above Rs.2.00 Lacs to Rs.5.00 Lacs processing charges Rs.2000/- + @ 0.75% of sanctioned loan above Rs.2.00 Lacs
•  

•  
•  
•  
• Rs.2/- per thousand, Minimum Rs.55/-
•  
• Above Rs.5.00 Lacs to Rs.10.00 Lacs processing charges Rs.4,250/- + @ 0.50% of sanctioned loan above Rs.5.00 Lacs
•  

•  
•  
•  
• Rs.1/- per thousand, Minimum Rs.50/-
•  
• Above Rs.10.00 Lacs processing charges Rs.6,750/- + @ 0.25% of sanctioned loan above Rs.10.00 Lacs.
•  

•  
•  
•  
• Rs.5/- per thousand
•  
• Loans processing charges for Housing Loans is 0.50% of loan amount
•  

•  
•  
•  
•  
•  
• Loans processing charges for Education Loans- is 0.50% of loan amount
•  

• 3)
• Loan Renewal Charges
•  
• Rs.1/- per Thousand, Minimum Rs.50/-
•  
• Upto Rs.2.00 Lacs processing charges @ 0.50% of sanctioned loan
•  

•  
•  
•  
•  
•  
• Above Rs.2.00 Lacs to Rs.5.00 Lacs processing charges Rs.1,000/- + @ 0.40% of sanctioned loan above Rs.2.00 Lacs
•  

•  
•  
•  
•  
•  
• Above Rs.5.00 Lacs to Rs.10.00 Lacs processing charges Rs.2,200/- + @ 0.25% of sanctioned loan above Rs.5.00 Lacs
•  

•  
•  
•  
•  
•  
• Above Rs.10.00 Lacs processing charges Rs.3,450/- + @ 0.20% of sanctioned loan above Rs.10.00 Lacs.
•  

• 4)
• Overdraft Cash Credit REVIEW Charges
•  
• Rs.1/- per Thousand, Minimum Rs.50/-
•  
• Upto Rs.2.00 Lacs processing charges @ 0.25% of sanctioned loan
•  

•  
•  
•  
•  
•  
• Above Rs.2.00 Lacs to Rs.5.00 Lacs processing charges Rs.500/- + @ 0.20% of sanctioned loan above Rs.2.00 Lacs
•  

•  
•  
•  
•  
•  
• Above Rs.5.00 Lacs to Rs.10.00 Lacs processing charges Rs.1,100/- + @ 0.15% of sanctioned loan above Rs.5.00 Lacs
•  

•  
•  
•  
•  
•  
• Above Rs.10.00 Lacs processing charges Rs.1,850+ @ 0.10% of sanctioned loan above Rs.10.00 Lacs.
•  

• 5)
• Exchange of pledged share certificate
•  
• Rs.205/- per transaction irrespective of number of certificates
•  
• Rs.205/- per transaction irrespective of number of certificates
•  

• 6)
• Note: No process fees for advance against Banks deposits, NSCs, KVPs
•  
•  
•  
•  
•  

•  
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• 7)
• Bank Gurantee
•  
• For fully Secured (100% fixed deposits) charges Rs.105/- plus 1% p.a.(including claim period) , Partly Secured (at least 25% FDR) charges Rs.130/- plus 2% p.a. (including claim period).
•  
• 1.50% of bank guarantee amount if 100% security is in the form of term deposits of our bank, 4.00% of bank guarantee amount in case of at least 25% of security is in the form of Term Deposit of our bank and remaining in the form of collateral tangible security.
•  

• 8)
• Mortgage Deed Charges- for All Loans
•  
• Upto Rs.5.00 Lacs charges Rs.2,000/-
•  
• Upto Rs.5.00 Lacs charges Rs.2,000/-
•  

•  
•  
•  
• Above Rs.5.00 Lacs utpo Rs.15.00 Lacs Charges Rs.5,000/-
•  
• Above Rs.5.00 Lacs utpo Rs.15.00 Lacs Charges Rs.5,000/-
•  

•  
•  
•  
• Above Rs.15.00 Lacs utpo Rs.50.00 Lacs Charges Rs.10,000/-
•  
• Above Rs.15.00 Lacs utpo Rs.50.00 Lacs Charges Rs.10,000/-
•  

•  
•  
•  
• Above Rs.50.00 Lacs Charges Rs.15,000/-
•  
• Above Rs.50.00 Lacs Charges Rs.15,000/-
•  

•  
•  
•  
• (As per legal dept circular No.12, dt.11/10/2006)
•  
• (for more information pl. refer to legal dept circular No.12, dt.11/10/2006)
•  

• 9)
• Indemnity Bond, Rectification Deed, Undertaking / Affidavit fees
•  
• Rs.500/- per document
•  
• Rs.1,000/- per document
•  

• 10)
• Reconveyence / Release Deed Charges
•  
• Rs.1000/- per document
•  
• Rs.2000/- per document
•  

• 11)
• Periodic Inspection of units / visit charges of Term Loan and Cash Credit Assets verification Once in a quarter.
•  
•  
•  
•  
•  

• i)
• For limits upto Rs.5 Lacs
•  
• Rs.130/- per visit (CC A/c.)
•  
• Rs.150/- per visit (CC A/c.)
•  

•  
• Above Rs.5 Lacs to Rs.15 Lacs
• Rs.500/- p.a.
• Rs.255/- per visit (CC A/c.) for limit upto Rs.10/- lacs
•  
• Rs.300/- per visit (CC A/c.) for limit upto Rs.10/- lacs
•  

•  
• Above Rs.15 Lacs to Rs.50 Lacs
• Rs.1000/- p.a.
• Rs.510/- per visit (CC A/c.) for limit above Rs.10/- lacs
•  
• Rs.550/- per visit (CC A/c.) for limit above Rs.10/- lacs
•  

•  
•  
• Rs.2000/- p.a.
• (Above charges excluding travelling expenses actually incurred)
•  
• (Above charges excluding travelling expenses actually incurred)
•  

• ii)
• Cash Credit Loan on site stock verification on monthly basis.
• .+ vehicle charges, if any on actual basis
• NIL
•  
• Rs.250/- on every month.
•  

• 12)
• Overdue loan notice / reminder charges
•  
• Upto Rs.1/- Lac Rs.105/- per notice
•  
• Upto Rs.1/- Lac Rs.105/- per notice
•  

•  
•  
• Rs.100/- per notice
• Limit Above Rs.1/- Lac to Rs.10/- Lacs notice charges Rs.205/-
•  
• Limit Above Rs.1/- Lac to Rs.10/- Lacs notice charges Rs.205/-
•  

•  
•  
•  
• Limit Above Rs.10/- Lac to Rs.50/- Lacs notice charges Rs.310/-
•  
• Limit Above Rs.10/- Lac to Rs.50/- Lacs notice charges Rs.310/-
•  

•  
•  
•  
• Limit Above Rs.50/- Lacs notice charges Rs.515/-
•  
• Limit Above Rs.50/- Lacs notice charges Rs.515/-
•  

•  
•  
•  
• R-3 & R-10 Advocate Notice charges Rs.205/-
•  
• R-3 & R-10 Advocate Notice charges Rs.500/-
•  

• 13)
• Final Notice
•  
•  
•  
• Call back notice charges Rs.1000/- to be debited to respective loan account
•  

•  
• Note- Charges not to be debited to NPA Accounts, Same should be parked in the respective loan account & shall be recovered at the repayment.
•  
•  
•  
•  
•  

• 14)
• Securitisation Notice Charges
•  
• Rs.1000/- per notice
•  
• Loan Upto Rs.10.00 Lacs Notice Charges Rs.1,000/-,
•  

•  
•  
•  
•  
•  
• Loan above Rs.10.00 Lacs to Rs.50 Lacs notice charges Rs.2500/-
•  

•  
•  
•  
•  
•  
• Loan Above Rs.50.00 Lacs Notice Charges Rs.5000/-.
•  

• 15)
• Vehicle Loans
• Note- Charges not to be debited to NPA Accounts
•  
•  
• In vehicle loan issue of NOC to RTO per vehicle Charges Rs.100/-
•  

•  
• In vehicle loan issue of NOC to RTO per vehicle
•  
• Rs.30/-
•  
• Issue of HPTR to RTO charges Rs.100/-
•  

•  
• Issue of HPTR to RTO
•  
• Rs.30/-
•  
• Seizing charges Rs.1000/- for 2 wheeler, 3 wheeler & light motor
•  

•  
• Seizing charges for 2 wheeler, 3 wheeler & light motor
•  
• Rs.550/- per vehicle or actual which is more
•  
• Seizing charges Rs.2500/- for heavy vehicle
•  

•  
• Seizing charges for heavy motor
• Minimum Rs.5000/-, Maximum Rs.50,000/-
• Rs.1100/- per vehicle or actual which is more
•  
• In addition to above Towing charges actual to be recovered.
•  

• 16)
• No Dues Certificate of all types of loans
•  
•  
•  
• Loan amount Upto Rs.2.00 Lacs Rs.50/-
•  

•  
•  
•  
•  
•  
• Loan Above Rs.2.00 Lacs to Rs.10 Lacs Rs.100/-
•  

•  
•  
•  
•  
•  
• Loan Above Rs.10.00 Lacs Rs.250/-
•  

• 17)
• Gold Loan
•  
•  
•  
•  
•  

• i)
• Service charge at the time of opening a/c
•  
• UPTO 150 GRAMS:- 35 paise per 1 gm (gross) (minimum Rs.10/-) This is in addition to valuer charges ABOVE 150 GRAMS:- in addition to above charges 25 paise per 1 gm (gross) above 150 Gms. This is in addition to valuer charges
•  
• 0.50% of loan amount minimum Rs.200/- in addition to valuers charges
•  

• ii)
• Safe custody charges for gold ornaments not collected after closure of loan account
• 1% of loan amount minimum Rs.200/-
• N.A.
•  
• Rs.200/- p.m. or part thereof after 15 days from the date of closure of loan A/c.
•  

•  
• Note :- No safe custody charges are to be levied if the gold ornaments are held in Bank's custody as a leverage for recovery of dues in other accounts
•  
•  
•  
•  
•  

• 18)
• NSC / Govt. securities Loan:-
•  
•  
•  
•  
•  

•  
• Service charges for noting charge on certificates and / or releasing charge
•  
• Rs.30/- per certificate for encashment of NSC, KVP
•  
• 1% of loan, minimum Rs.200/- + out of pocket expenses on actual
•  

• 19)
• Prepayment of credit facilities
•  
• N.A.
•  
• NIL
•  

• 20)
• Change in other sanction terms such as extension of moratorium / repayment, change in security / guarantor etc.
•  
•  
•  
•  
•  

•  
• Credit limit upto Rs.10 lacs
•  
• N.A.
•  
• Rs.1,000/-
•  

•  
• Credit limit above Rs.10 lacs
• Rs.500/-
• N.A.
•  
• Rs.1,500/-
•  

• 21)
• Commitment Charges FOR CASH CREDIT FACILITY
•  
• For Facility Above Rs.10.00 Lacs if the limit utilised less than 75% then 1% of the unutilised balance (charges to be applied monthly)
•  
• For Facility Above Rs.10.00 Lacs if the limit utilised less than 75% then 1% of the unutilised balance (charges to be applied monthly)
•  

• 22)
• Late Submission of Stock/ book debt Statement
•  
• Rs.30/- per month.
•  
• Rs.100/- per month.
•  

•  
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• 23)
• Assignment, Reassignment and Encashment of NSC / KVP
•  
• Rs.25/- per certificate plus actual travelling charges not exceeding Rs.100/-
•  
• Rs.50/- per certificate plus actual travelling charges not exceeding Rs.100/-
•  

• 24)
• Assignment / Reassignment/ Encashment of LIC policy
•  
• Rs.20/- per policy plus actual postage charges
•  
• Rs.50/- per policy plus actual postage charges
•  

• 25)
• Opening of Letter of Credit :
•  
•  
•  
•  
•  

• i)
• Opened through the other Banks
•  
• Commitment Charges 30 paise per Rs.100/- per quarter or part thereof
•  
• Charges levied by other Bank to be shared on 50:50 basis
•  

•  
•  
• Charges levied by other Bank to be shared on 50:50 basis
• Usance Charges 30 paise per Rs.100/- per month or part thereof
•  
•  
•  

• ii)
• Opened by our Bank
•  
• Enahancement commitment charges- usance commission as above on amt by which L/C is enhanced subject to minimum of Rs.130/-
•  
• 1% p.a. if fully secured by Term Deposit, 2% p.a.in other cases
•  

•  
•  
• 1% p.a. if fully secured by Term Deposit, 2% p.a.in other cases
• Extension- commitment charges as above subject to minimum Rs.130/-
•  
• Out-of- Pocket expenses on postage/telegram/ telex/ fax / cab etc to be recovered seperately
•  

• iii)
• Amendment Charges
•  
•  
•  
•  
•  

•  
• Note:- if the amendment is in respect of the amount or period of L/C appropriate additional charge on the amount so increased or the extension of usuance period shall also be recovered
•  
•  
•  
•  
•  

• iv)
• Advising Charges
•  
• N.A.
•  
• Rs.200/-
•  

• 26)
• Solvency Ceritificate:
•  
•  
•  
•  
•  

•  
• Upto Rs.1 Lac
•  
• Rs.150/- per Rs.1/- lac or part thereof subject to maximum Rs.3000/- (minimum Rs.300/-)
•  
• Rs.1./- per thousand (minimum Rs.500/- )
•  

•  
• Above Rs.1 Lac and upto Rs.10 Lacs
• Rs.2/- per thousand, minimum Rs.500/- & Max.Rs.10,000/-
•  
•  
• Rs.1/- per thousand ( Max.Rs.7500/-)
•  

•  
• Above Rs.1 Lac and upto Rs.10 Lacs
• Rs.2/- per thousand, minimum Rs.500/- & Max.Rs.10,000/-
•  
•  
• Rs.1/- per thousand ( Max.Rs.7500/-)
•  

•  
• Above Rs.10 Lac and upto Rs.50 Lacs
• Rs.2/- per thousand, minimum Rs.500/- & Max.Rs.10,000/-
•  
•  
• Rs.1/- per thousand (Max.Rs.15,000/-)
•  

•  
• Above Rs.50 Lacs
• Rs.2/- per thousand, minimum Rs.500/- & Max.Rs.10,000/-
•  
•  
• Max.Rs.25,000/-
•  

• 27)
• Issue of Status / Confidential Report/ Fate Report
•  
• Rs.50/-
•  
• Rs.200/-
•  

• 27)
• Issue of Status / Confidential Report/ Fate Report
•  
• Rs.50/-
•  
• Rs.200/-
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• O
• ATM Charges
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

•  
• Withdrawal through our banks own ATM
•  
• NIL
•  
• NIL
•  

•  
• More than 4 withdrawal through other banks ATM in a month
•  
•  
•  
• Rs.30/- per transaction.
•  

•  
• Stop payment inst. in case of loss of ATM card
• NIL
• NIL
•  
• NIL
•  

•  
• Issue of Duplicate ATM Card / Pin Mailer
• NIL
• Rs.100/-
•  
• Rs.100/-
•  

•  
• Replacement of ATM Card
• Rs.150/-
• Rs.150/-
•  
• Rs.150/-
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• P
• Safe Deposit Vault (Size in MM)
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

•  
• A type (125 X 175 X 492)
•  
• Size No.1 Rs.350/-p.a. & 130/- service charge (one time)
•  
• Rs.600/- p.a. and Rs.200/- service charge (one time)
•  

•  
• B type (159 X 210 X 492)
• Rs.600/- p.a.
• Size No.2 Rs.400/-p.a. & 180/- service charge (one time)
•  
• Rs.800/- p.a. and Rs.250/- service charge (one time)
•  

•  
• C type (125 X 352 X 492)
• Rs.750/- p.a.
• Size No.3 Rs.450/-p.a. & 230/- service charge (one time)
•  
• Rs.1200/- p.a. and Rs.300/- service charge (one time)
•  

•  
• D type (189 X 263 X 492)
• Rs.1200/- p.a.
• Size No.4 Rs.550/-p.a. & 310/- service charge (one time)
•  
• Rs.1500/- p.a. and Rs.350/- service charge (one time)
•  

•  
• E type (159 X 424 X 492)
• Rs.1500/- p.a.
• Size No.5 Rs.750/-p.a. & 415/- service charge (one time)
•  
• Rs.1800/- p.a. and Rs.400/- service charge (one time)
•  

•  
• F type (278 X 352 X 492)
• Rs.1800/- p.a.
•  
•  
• Rs.2000/- p.a. and Rs.450/- service charge (one time)
•  

•  
• G type (189 X 530 X 492)
• Rs.1950/- p.a.
•  
•  
• Rs.2500/- p.a. and Rs.500/- service charge (one time)
•  

•  
• H type (321 X 424 X 492)
•  
•  
•  
• Rs.3000/- p.a. and Rs.500/- service charge (one time)
•  

•  
• H1 type (321 X 210 X 492)
•  
•  
•  
• Rs.3500/-p.a. and Rs.500/- service charge (one time)
•  

•  
• L Type (404 X 530 X 492)
•  
•  
•  
• Rs.4000/-p.a. and Rs.500/- service charge (one time)
•  

•  
• L2 Type (385 X 530 X 492))
•  
•  
•  
• Rs.4500/-p.a. and Rs.500/- service charge (one time)
•  

•  
• Penalty for delay in payment of rent / renewal on expiry of hiring period
•  
• Rs.15/- per month or part thereof
•  
• Rs.50/- per month or part thereof
•  

•  
• Loss of Locker Keys by Locker Holder
•  
•  
•  
• The Actual Expenses shall be borne by the locker holder alongwith Bank charges of Rs.200/-
•  

•  
• For Locker operation more than once in a working day Rs.30/- per operation.
•  
•  
•  
•  
•  

•  
• For additional information please refer to Accounts Dept. Circular No.64, dated 27/12/2007.
•  
•  
•  
•  
•  

• Sr. no
• Description
• Charges of mahanagar Co-operative Bank Ltd
• Charges W.E.F.1/8/2006
•  
• Service Charges
•  

• Q
• MISCELLANEOUS
•  
• Minimum Balance
• Minimum Balance Charges
• Minimum Balance
• Minimum Balance Charges

• 1)
• Enquiries relating to old entries:(voucher/ cheques)
•  
•  
•  
•  
•  

•  
• Upto Six months
•  
• N.A.
•  
• NIL
•  

•  
• Above Six month and upto one year
• NIL
• N.A.
•  
• Rs.50/- per instrument
•  

•  
• Above one year and upto two years
• Rs.20/- per entry
• N.A.
•  
• Rs.100/- per instrument
•  

•  
• Above two years and above
• Rs.30/- per entry
• N.A.
•  
• Rs.500/- per instrument
•  

• 2)
• Certificate of all types (Excluding Bal. Certificate / Tds Certificate / Income Tax purpose certificate)
•  
• Rs.20/-
•  
• Rs.50/-
•  

• 3)
• Standing Instructions:
•  
•  
•  
•  
•  

•  
• Transaction involving transfer to another account (other than R/D installments, FD interest and loan instalment) within same branch or to the account in another branch.
•  
• N.A.
•  
• N.A.
•  

• 4)
• Signature Verification
•  
• Rs.55/- per signature
•  
• Rs.100/- per signature
•  

• 5)
• SHARE DEPARTMENT
•  
•  
•  
•  
•  

•  
• Entrance Fee along with membership application
• Rs.25/-
• Rs.1/-
•  
• Rs.5/-
•  

•  
• Entrance fee for nominal member who is a borrower / surety in loan against Gold / Govt. securities / LIC policies / consumer durables
• Rs.5/-
• Rs.100/-
•  
• Rs.100/-
•  

•  
• Issue of Duplicate Share Certificate
• Rs.100/-
• Rs.20/-
•  
• Rs.25/- per certificate
•  

• 6)
• Note- Supply of loan application forms & Gold Appraisal charges should not be collected from staff.
•  
•  
•  
•  
•