| Sr. No. |
Services |
Applicable Charges |
Applicability and collection method |
| 1 |
Account Statement Issuance Charges |
| i |
Daily / Weekly / Monthly by e-mail |
No charge |
Manually |
| ii |
Adhoc statement from any branch. |
Rs. 100 per statement |
| 2 |
Non Refundable Login Fees |
| I |
Login Fees |
Rs. 5000 + Applicable taxes |
Manually |
| 3 |
Processing Charges |
| i |
NTB / Enhancements |
0.75 % + Taxes |
Manually (Not applicable for FDOD facility – ODSS, ODFDB & CA2OD |
| ii |
Renewal |
0.50 % + Taxes |
| iii |
Extension of currency of limit without detailed appraisal (Where account could not be renewed in time due to delayed submission of data by the borrower, the charge is to be recovered for continuing the advance and for extension of currency of limits). |
0.50% + Taxes for the period the currency of limit is extended from the date of expiry of the limit |
| 4 |
Account Service Charges (ASC)– Only Performing Assets
(Annually per account and to be debited centrally during October/November month) |
| i |
Sanctioned limits upto Rs.0.25 lakhs |
No charges |
Centrally by Ru&IB Dept.
Manually (Not applicable for FDOD facility – ODSS, ODFDB & CA2OD) |
| ii |
Sanctioned limits above Rs.0.25 lakh and upto Rs.1.00 lakh |
Rs 300.00. |
| iii |
Sanctioned limits above Rs.1.00 lakhs and upto Rs.3.00 lakh |
Rs 600.00. |
| iv |
Sanctioned limits above Rs. 3.00 lakhs and upto Rs.10.00 lakh |
Rs. 800.00. |
| v |
Sanctioned limits above Rs. 10.00 lakhs and upto Rs.100.00 lakhs |
Rs. 2000.00. |
| vi |
Sanctioned limits above Rs. 100.00 lakhs |
Rs. 4000.00. |
| 5 |
Issuance of opinion report |
| i |
Sanction limit upto Rs. 0.25 lakhs |
No charge |
Manually |
| ii |
Sanction Limits above Rs. 0.25 lakhs and upto Rs. 25.00 lakhs |
Rs. 250 per report |
| iii |
Sanction Limits above Rs. 25.00 lakhs |
Rs. 500 per report |
| 6 |
Documentation Charges
In case of Simple/Registered Mortgage/Equitable Mortgage |
| A |
Sanctioned Limit |
| In case charge not to be registered with CERSAI |
In case charge is to be registered with CERSAI |
|
Manually
(Not applicable for FDOD facility – ODSS, ODFDB & CA2OD) |
| 1. |
Sanction Limits upto Rs. 1 lakh |
|
| 2. |
Sanction Limits above Rs. 1 lakh and upto Rs. 5 lakhs |
|
| 3. |
Sanction Limits above Rs. 5 lakhs and upto Rs. 25 lakhs |
|
| 4. |
Sanction Limits above Rs. 25 lakhs and upto Rs. 100 lakhs |
|
| 5. |
Sanction Limits above Rs. 100 lakhs |
|
| B |
Extension of existing mortgage |
| i |
For securing the enhanced limits / fresh limits sanctioned to the borrower |
50% of relevant slab of charges |
Manually (Not applicable for FDOD facility – ODSS, ODFDB & CA2OD) |
| ii |
For securing the enhanced limits / fresh limits sanctioned to a 3rd party |
50% of relevant slab of charges |
| C |
Substitution of title deeds |
100% of relevant slab of charges. |
Manually |
| The out of pocket expenses (such as stamp duty, legal charges, valuation charges, ROC filing charges, etc. wherever applicable) to be recovered separately. Legal/collection/repossession and incidental charges and those expenses that are not budgeted or specified but are incurred by the bank on behalf of the customer |
| 7 |
Signature Verification |
| i |
Per application / letter |
Rs. 50/- |
Manually |
| 8 |
Enquiry related to old records more than 1 year old |
| I |
Per item |
Rs. 200/- |
Manually |
| 9 |
Issuance of No Dues Certificate |
| I |
Per certificate (duplicate) |
Rs. 50/- or as per State law |
Manually |
| 10 |
Penal Charge |
| I |
Financial Default:
Non Payment of interest/ installment on due date/ Drawing over Limit/ DP/Expiry of Working Capital limits /Overdue TOD facility |
8% p.a. above applicable interest rate on the overdue amount (subject to the aggregate not exceeding Rs. 1,00,000/- per instance) |
System Driven/ Manually |
| Ii |
Non Financial Default: Delay/non-submission of stock/book-debts statement /Breach of Financial Covenants / General Covenants/ Non Financial Covenants/ Non adherence to Sanction terms & conditions/ Occurrence of any other event of default as specified in the sanction letter & loan agreement |
1% p.a. above applicable interest rate / commission from the date of each non-financial default on the outstanding amount of fund-based credit facilities and non-fund-based facilities (as applicable). |
System Driven/ Manually |
| Iii |
There shall be no capitalisation of Penal Charges. |
| v |
The said Penal Charges will be subject to GST as per applicable law on Goods and Service Tax in India, and GST will be charged separately. |
| vi |
*Financial Default includes all types of payment or financial defaults/irregularities with respect to your Loan Account. |
| iv |
**Non-Financial Default includes breach of any other obligation(s)/covenant(s) with respect to your Loan Account
|
| 11 |
Cash Transactions |
| A |
Home & Non Home Branch Cash Deposits |
| i |
Free limit |
Free limit of Rs. 12 lacs per month for B2B R & MSME Product |
System Driven |
| ii |
Charges above free limit |
Rs. 3 per thousand (min Rs. 50/-) |
| 12 |
Annual Maintenance Charges for fund based working capital accounts– Only Performing Assets
(Yearly per borrower and to be debited centrally in April month) |
| i |
Sanction Limits upto Rs. 0.25 lakh |
No Charge |
Centrally by Ru&IB Dept.
(Not applicable for FDOD facility – ODSS, ODFDB & CA2OD) |
| ii |
Sanction Limits above Rs. 0.25 lakh and upto Rs. 1 lakh |
Rs. 250 |
| iii |
Sanction Limits above Rs. 1 lakh and upto Rs. 5 lakhs |
Rs. 500 |
| iv |
Sanction Limits above Rs. 5 lakhs and upto Rs. 10 lakhs |
Rs. 1000 |
| v |
Sanction Limits above Rs. 10 lakhs and upto Rs. 25 lakhs |
Rs. 2500 |
| vi |
Sanction Limits above Rs. 25 lakhs and upto Rs. 100 lakhs |
Rs. 3500 |
| vii |
Sanction Limits above Rs. 100 lakhs and upto Rs. 300 lakhs |
Rs. 5000 |
| * Not applicable for Commodity Product |
| 13 |
NEFT & RTGS Transactions |
| i |
NEFT Outside Axis Bank |
Upto Rs. 0.10 lakh – Rs. 2.50 per transaction.
Above Rs. 0.10 lakh to Rs. 1.00 lakh – Rs. 5.00 per transaction.
Above Rs 1.00 lakh to Rs 2.00 lakhs – Rs. 15.00 per transaction
Above Rs. 2.00 Lakhs – Rs.25.00 per transaction. |
System Driven |
| ii |
RTGS Outside Axis Bank |
Rs. 1 lakh to Rs. 2.00 lakhs - Nil
Above Rs 2.00 lakhs to Rs 5.00 lakhs - Rs. 25.00 per transaction.
Above Rs 5.00 lakhs – Rs. 50.00 per transaction |
| 14 |
Prepayment Charges* |
|
For CC / OD facility: - No prepayment charges on floating &/or fixed rate loans if loan is closed from Own Funds. If loans are closed from borrowed funds, then prepayment charge of 2% (plus taxes) will apply on Sanction Limit.
For Term loans - No prepayment charges on floating&/or fixed rate loans if loan is closed from Own Funds. If loans are closed from borrowed funds, then prepayment charge of 2% (plus taxes) will apply on Principal Outstanding amount.
|
Not applicable for FDOD, ECLGS & NFB facility |
*In case of Micro and Small Enterprises (MSE) customers, no Prepayment charges are applicable if;
1. Loan amount is up to Rs.50 Lakhs under Fixed rate loans, or
2. Loans with floating interest rates (irrespective of the loan limit)
|
