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- Schedule Of Charges
Fees & Charges - Current Account for New Economy Group
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Schedule of Charges:
Charge Head (all fig. in INR) Silver Gold Platinum Quarterly Forex Throughput (USD) or equivalent 50K 100K 200K Charges for non-fulfilment of QFT (INR) – to be recovered on quarterly basis Rs.2500 Per Quarter Rs.5000 Per Quarter Rs. 7500 per Quarter Remittances Inward Remittances Free Free Free Foreign Outward Remittance (Non-Import) 400 300 200 Exports Export Bills under Collection 500 300 200 Export bill against advance remittance received 500 300 200 Imports Advance Import Bills 500 300 200 Direct Import Bills 500 300 200 Import Bills under Collection 500 300 200 Miscellaneous Charges SWIFT 500 300 Free Courier Charges 500 300 200
**Please click here for the complete schedule of charges related to the CAGBL account
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Click here to know the detailed Schedule of charges.
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Cheque related charges Cheques Deposited at any Axis Bank branch for outstation collection Rs 100/- Per Instrument Cheque Return - Issued by Customer 1st two returns for the month – Rs 550/-;
3rd return onwards for the month – Rs 750/-Cheque Return - Deposited by Customer 1st return for the month – Rs 50
2nd return onwards for the month – Rs 100Cheque Return - Deposited by Customer for Outstation Collection Up to 10K - Rs. 50/- plus GST,
Above 10K - Rs. 100/- plus GST
Demand Draft related charges DD ( payable at Correspondent Bank locations under Desk Drawing arrangement) Re 1.00/1,000 ; Min Rs. 25 per DD DD purchased from other banks Actual + Rs. 0.50/1,000; Min Rs. 100 per DD DD drawn on Axis Bank branches- Cancellation , Reissuance or Revalidation Rs. 100/- per instance DD drawn on Correspondent Bank branches- Cancellation , Reissuance or Revalidation Rs. 100/- per instance+ other bank's charges at actuals if any Miscellaneous Charges Account Statement - By post and e-mail Free Account Statement - Duplicate statement from Branch Rs 100 per statement Retrieval of old records or query More than 1 year old : Rs. 100 per record/ query Certificate of Balance Current Year : Free, Previous year: Rs. 200 Mobile Alerts Free
Signature Verification Certificate Rs. 50 per verification Stop Payment Charges Per Instrument: Rs 50, Per Series: Rs 100 Account Closure Charges Less Than 14 Days - NIL
Older Than 14 Days - Rs 500Click here to know the detailed Schedule of charges.
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Click here to know the detailed Schedule of charges.
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- Nil Charges
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- Monthly Average Balance Requirement: Metro & Urban Branches: Rs. 1 Lakh Semi-urban and Rural Branches : Rs.50,000
- Charges for non-maintenance- Rs.1,500 if MAB >=50% & Rs.2500 if MAB <50%
- Unlimited Free NEFT/RTGS for Domestic Transactions
- Monthly Service Fee – Rs.100/-
- SOC-SNR
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How it works?
- Account validation- This service would be used to validate the Account details registered by the Buyer on GeM portal
- DDO Mapping- This service would be used to map the DDO code with the GPA account and to generate the virtual account for each DDO
- Challan Generation- This service would be used to generate the challan by the Buyer to fund the GPA account.
- Challan Model - This service would be used to enquire on the successful credit of funds in GeM Pool account as per the challan generated by Buyer.
- Non-Challan Model: This service would be used to enquire on the available funds in GeM Pool account.
- Fund Blocking/Unblocking - This service would be used to block or unblock the funds in the GeM Pool account of the Buyer
- Payment Instructions- This service would be used to initiate the payment to the supplier from the blocked funds in the GeM Pool account
- Payment Status- This service would be used to enquire on the status of the payment initiated by the Buyer.
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Fee & Charges
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Key fees on your Account
Charges related to your account Charges for Non Maintenance (in Rs.) 1000 Cash Deposit charges (in Rs.) (Home branch and Non Home Branch Combined) Above free limit and up to 25 lacs: 4/1000, Above 25 lacs: 5/1000 Cheque related charges Cheques Deposited at any Axis Bank branch for outstation collection Rs 100/- Per Instrument Cheque Return - Issued by Customer 1st two returns for the month – Rs 550/-;
3rd return onwards for the month – Rs 750/-Cheque Return - Deposited by Customer 1st return for the month – Rs 50
2nd return onwards for the month – Rs 100Cheque Return - Deposited by Customer for Outstation Collection Up to 10K - Rs. 50/- plus GST,
Above 10K - Rs. 100/- plus GST
Demand Draft related charges DD ( payable at Correspondent Bank locations under Desk Drawing arrangement) Re 1.00/1000 ; Min Rs 100 per DD DD purchased from other banks Actual + Rs 0.50/1000; Min Rs 100 per DD DD drawn on Axis Bank branches- Cancellation , Reissuance or Revalidation Rs 100/- per instance DD drawn on Correspondent Bank branches- Cancellation , Reissuance or Revalidation Rs 100/- per instance+ other bank's charges at actuals if any Miscellaneous Charges ECS Return (Charges/penalties levied by destination branches for ECS(debit) returns due to non-availability of funds in customer ) 1st return for the month – Rs 500/- ;
2nd return onwards for the month – Rs 550/-Account Statement - By post and e-mail Free Account Statement - Duplicate statement from Branch Rs 100 per statement Retrieval of old records or query More than 1 year old : Rs 100 per record/ query Certificate of Balance Current Year : Free, Previous year: Rs 200 Mobile Alerts Free Debit Card Charges Issuance : NIL, Annual Charge : NIL (Business Classic Debit Card) Signature Verification Certificate Rs. 50 per verification Speed Clearing Upto Rs. 1 lac : Rs. 50 per instrument
Above Rs. 1 lac: Rs. 150 per instrumentStop Payment Charges Per Instrument: Rs 50, Per Series: Rs 100 Account Closure Charges Less Than 14 Days - NIL
Older Than 14 Days - Rs 500Click here to know the detailed Schedule of charges.
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Key fees on your Account
Charges related to your account Home Branch Cash Deposit Charges (in Rs.) 4/1000 Non Home Branch Cash Deposit Charges (in Rs.) 4/1000 Cheque related charges Cheques Deposited at any Axis Bank branch for outstation collection Rs 100/- Per Instrument Cheque Return - Issued by Customer 1st two returns for the month – Rs 550/-;
3rd return onwards for the month – Rs 750/-Cheque Return - Deposited by Customer 1st return for the month – Rs 50
2nd return onwards for the month – Rs 100Cheque Return - Deposited by Customer for Outstation Collection Up to 10K - Rs. 50/- plus GST,
Above 10K - Rs. 100/- plus GST
Demand Draft related charges DD ( payable at Correspondent Bank locations under Desk Drawing arrangement) Re 1.00/1000 ; Min Rs 25 per DD DD purchased from other banks Actual + Rs 0.50/1000; Min Rs 50 per DD DD drawn on Axis Bank branches- Cancellation , Reissuance or Revalidation Rs 100/- per instance DD drawn on Correspondent Bank branches- Cancellation , Reissuance or Revalidation Rs 100/- per instance+ other bank's charges at actuals if any Miscellaneous Charges Account Statement - Duplicate statement from Branch Rs 100 per statement Retrieval of old records or query More than 1 year old : Rs 100 per record/ query *Debit Card Fees As per the applicable joining & annual fees *Other Debit Card Charges As applicable on the card Signature Verification Certificate Rs 50 per verification Stop Payment Charges Per Instrument: Rs 50, Per Series: Rs 100 Account Closure Charges Less Than 14 Days - NIL
Older Than 14 Days - Rs 500
Click here to know the detailed Schedule of charges.
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Key fees on your Account
Charges related to your account Cash Deposit charges (in Rs.) (Home branch and Non Home Branch Combined) Above free limit and up to 25 lacs: 4/1000, Above 25 lacs: 5/1000 Cheque related charges Cheques Deposited at any Axis Bank branch for outstation collection Rs 100/- Per Instrument Cheque Return - Issued by Customer st two returns for the month – Rs 550/-;
3rd return onwards for the month – Rs 750/-Cheque Return - Deposited by Customer 1st return for the month – Rs 50
2nd return onwards for the month – Rs 100Cheque Return - Deposited by Customer for Outstation Collection Up to 10K - Rs. 50/- plus GST,
Above 10K - Rs. 100/- plus GST
Demand Draft related charges DD ( payable at Correspondent Bank locations under Desk Drawing arrangement) Re 1.00/1000 ; Min Rs 25 per DD DD purchased from other banks Actual + Rs 0.50/1000; Min Rs 50 per DD DD drawn on Axis Bank branches- Cancellation , Reissuance or Revalidation Rs 100/- per instance DD drawn on Correspondent Bank branches- Cancellation , Reissuance or Revalidation Rs 100/- per instance+ other bank's charges at actuals if any Miscellaneous Charges ECS (Debit) Returns 1st return for the month – Rs 500/- ;
2nd return onwards for the month – Rs 550/-Account Statement - By post and e-mail Free Account Statement - Duplicate statement from Branch Free Retrieval of old records or query More than 1 year old : Rs 100 per record/ query Certificate of Balance Free Mobile Alerts Free Debit Card Charges Free Signature Verification Certificate Free Speed Clearing Free Stop Payment Charges Per Instrument: Rs 50, Per Series: Rs 100 Account Closure Charges Less Than 14 Days - NIL
Older Than 14 Days - Rs 500Click here to know the detailed Schedule of charges.
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Key fees on your Account
Charges related to your account Charges for Non Maintenance (in Rs.) 1250 if MAB>=75% & 1500 if MAB<75% Home Branch Cash Deposit Charges (in Rs.) Applicable above free limit and Up to 50 lacs: 4/1000;
Above 50 lacs: 5/1000Non Home Branch Cash Deposit Charges (in Rs.) Applicable above free limit and Up to 50 lacs: 4/1000;
Above 50 lacs: 5/1000Cheque related charges Cheques Deposited at any Axis Bank branch for outstation collection Rs 100/- Per Instrument Cheque Return - Issued by Customer 1st two returns for the month – Rs 550/-;
3rd return onwards for the month – Rs 750/-Cheque Return - Deposited by Customer 1st return for the month – Rs 50
2nd return onwards for the month – Rs 100Cheque Return - Deposited by Customer for Outstation Collection Up to 10K - Rs. 50/- plus GST,
Above 10K - Rs. 100/- plus GST
Demand Draft related charges DD ( payable at Correspondent Bank locations under Desk Drawing arrangement) Re 1.00/1000 ; Min Rs. 25 per DD DD purchased from other banks Actual + Rs. 0.50/1000; Min Rs. 50 per DD DD drawn on Axis Bank branches- Cancellation , Reissuance or Revalidation Rs. 100/- per instance DD drawn on Correspondent Bank branches- Cancellation , Reissuance or Revalidation Rs. 100/- per instance+ other bank's charges at actuals if any Miscellaneous Charges Account Statement - Duplicate statement from Branch Rs 100 per statement Retrieval of old records or query More than 1 year old : Rs. 100 per record/ query *Debit Card Fees As per the applicable joining & annual fees *Other Debit Card Charges As applicable on the card Signature Verification Certificate Rs. 50 per verification Stop Payment Charges Per Instrument: Rs 50, Per Series: Rs 100 Account Closure Charges Less Than 14 Days - NIL
Older Than 14 Days - Rs 500Click here to know the detailed Schedule of charges.
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Cheque related charges Cheques Deposited at any Axis Bank branch for outstation collection Rs 100/- Per Instrument Cheque Return - Issued by Customer 1st two returns for the month – Rs 550/-;
3rd return onwards for the month – Rs 750/-Cheque Return - Deposited by Customer 1st return for the month – Rs 50
2nd return onwards for the month – Rs 100Cheque Return - Deposited by Customer for Outstation Collection Up to 10K - Rs. 50/- plus GST,
Above 10K - Rs. 100/- plus GST
Demand Draft related charges DD ( payable at Correspondent Bank locations under Desk Drawing arrangement) Re 1.00/1,000 ; Min Rs. 25 per DD DD purchased from other banks Actual + Rs. 0.50/1,000; Min Rs. 100 per DD DD drawn on Axis Bank branches- Cancellation , Reissuance or Revalidation Rs. 100/- per instance DD drawn on Correspondent Bank branches- Cancellation , Reissuance or Revalidation Rs. 100/- per instance+ other bank's charges at actuals if any Miscellaneous Charges Account Statement - By post and e-mail Free Account Statement - Duplicate statement from Branch Rs 100 per statement Retrieval of old records or query More than 1 year old : Rs. 100 per record/ query Certificate of Balance Current Year : Free, Previous year: Rs. 200 Mobile Alerts Free
Signature Verification Certificate Rs. 50 per verification Stop Payment Charges Per Instrument: Rs 50, Per Series: Rs 100 Account Closure Charges Less Than 14 Days - NIL
Older Than 14 Days - Rs 500Click here to know the detailed Schedule of charges.
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Key fees on your Account
NEFT / RTGS / IMPS transactions (Outward) NEFT - from branch (in Rs.) Up to 10,000 - 2.50/- per txn
10,001 to 1 lakh - 5/- per txn
1 lakh to 2 lakhs - 15/- per txn
Above 2 lakhs - 25/- per txnNEFT/RTGS - other digital channels Free RTGS - from branch (in Rs.) 2 Lakh to 5 Lakh - 25/- per txn
5 Lakh and above - 50/- per txnIMPS fund transfer (in Rs.) Upto 1,000 - 2.50/-per txn
1,000 to 1 Lakh - 5/- per txn
1 Lakhs to 5 Lakhs – 10/- per txnNEFT/ RTGS/ IMPS inward transactions Free
Charges related to your account Charges for Non-Maintenance (in Rs.) 1100 if MAB>=75% & 2000 if MAB<75% Cash Deposit - Home & Non-Home Branch (Combined) Charges Above free limit and up to 50 lacs: 4/1000
Above 50 lacs: 5/1000Monthly Service Charge (in Rs.) 100 Business Classic Debit card issuance and annual fees (in Rs.) 250 and 250 Business Platinum Debit card issuance and annual fees (in Rs.) 500** and 500** Business Supreme Debit card issuance and annual fees (in Rs.) 1000* and 1000* Cheque Returns (Inward) - Issued by Customer (in Rs.) 1st two returns for the month – Rs 550/-;
3rd return onwards for the month – Rs 750/-Cheque Returns (Outward) - Deposited by Customer (in Rs.) 1st return for the month – Rs 50
2nd return onwards for the month – Rs 100Recycler/Cash Deposit Machine Convenience charges (Applicable on cash deposit in Cash Deposit
Machines (CDM) post office hours on working days and entire day on National/State holidays)Rs 50 per transaction
exceeding Rs 15,000 per month either single or multiple transactionECS (Debit)Returns (in Rs.) 1st return for the month – Rs 500/- ;
2nd return onwards for the month – Rs 550/-Click here to know the detailed Schedule of charges.
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Key fees on your Account
NEFT / RTGS / IMPS transactions (Outward) NEFT - from branch (in Rs.) Up to 10,000 - 2.50/- per txn
10,001 to 1 lakh - 5/- per txn
1 lakh to 2 lakhs - 15/- per txn
Above 2 lakhs - 25/- per txnNEFT/RTGS - other digital channels Free RTGS - from branch (in Rs.) 2 Lakhs to 5 Lakhs - 25/- per txn
5 Lakhs and above - 50/- per txnIMPS fund transfer (in Rs.) Upto 1,000 - 2.50/-per txn
1,000 to 1 Lakhs - 5/- per txn
1 Lakhs to 5 Lakhs – 10/- per txnNEFT/ RTGS/ IMPS inward transactions Free
Charges related to your account Charges for Non-Maintenance (in Rs.) 800 if MAB>=75% & 1200 if MAB<75% Cash Deposit - Home & Non-Home Branch (Combined) Charges Above free limit and up to 50 lacs: 4/1000
Above 50 lacs: 5/1000Monthly Service Charge (in Rs.) 100 Business Classic Debit card issuance and annual fees (in Rs.) 250 and 250 Business Platinum Debit card issuance and annual fees (in Rs.) 500** and 500** Business Supreme Debit card issuance and annual fees (in Rs.) 1000* and 1000* Cheque Returns (Inward) - Issued by Customer (in Rs.) 1st two returns for the month – Rs 550/-;
3rd return onwards for the month – Rs 750/-Cheque Returns (Outward) - Deposited by Customer (in Rs.) 1st return for the month – Rs 50
2nd return onwards for the month – Rs 100Recycler/Cash Deposit Machine Convenience charges (Applicable on cash deposit in Recycler/Cash Deposit Machine post office hours on working days and entire day on National/State holidays) Rs 50 per transaction
exceeding Rs 15,000 per month either single or multiple transactionECS (Debit)Returns (in Rs.) 1st return for the month – Rs 500/- ;
2nd return onwards for the month – Rs 550/-Click here to know the detailed Schedule of charges.
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Key fees on your Account
NEFT / RTGS / IMPS transactions (Outward) NEFT - from branch (in Rs.) Up to 10,000 - 2.50/- per txn
10,001 to 1 lakh - 5/- per txn
1 lakh to 2 lakhs - 15/- per txn
Above 2 lakhs - 25/- per txnNEFT/RTGS - other digital channels Free RTGS - from branch (in Rs.) 2 Lakhs to 5 Lakhs - 25/- per txn
5 Lakhs and above - 50/- per txnIMPS fund transfer (in Rs.) Upto 1,000 - 2.50/-per txn
1,000 to 1 Lakhs - 5/- per txn
1 Lakhs to 5 Lakhs – 10/- per txnNEFT/ RTGS/ IMPS inward transactions Free
Charges related to your account Charges for Non-Maintenance (in Rs.) 1500 if MAB>=50% & 2500 if MAB<50% Cash Deposit - Home & Non-Home Branch (Combined) Charges (Min 50 per txn,in Rs.) Above free limit and up to 50 lacs:3/1000
Above 50 lacs:4/1000Monthly Service Charge (in Rs.) 100 per month, if MAB < 1,00,000;Nil if MAB >=1,00,000 Business Classic Debit card issuance and annual fees (in Rs.) 250 and 250 Business Platinum Debit card issuance and annual fees (in Rs.) 500** and 500** Business Supreme Debit card issuance and annual fees (in Rs.) 1000* and 1000* Cheque Returns (Inward) - Issued by Customer (in Rs.) 1st two returns for the month – Rs 550/-;
3rd return onwards for the month – Rs 750/-Cheque Returns (Outward) - Deposited by Customer (in Rs.) 1st return for the month – Rs 50
2nd return onwards for the month – Rs 100BNA Convenience charges (Applicable on cash deposit in Cash Deposit
Machines (CDM) post office hours on working days and entire day on National/State holidays)50 per transaction
exceeding Rs 15,000 per month either single or multiple transactionECS (Debit)Returns (in Rs.) 1st return for the month – Rs 500/- ;
2nd return onwards for the month – Rs 550/-Click here to know the detailed Schedule of charges.
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Key fees on your Account
NEFT / RTGS / IMPS transactions (Outward)
NEFT / RTGS – from branch and other digital channels Free IMPS fund transfer (in Rs.) Upto 1,000 - 2.50/-per txn
1,000 to 1 Lakhs - 5/- per txn
1 Lakhs to 5 Lakhs – 10/- per txnNEFT/ RTGS/ IMPS inward transactions Free
Charges related to your account Charges for Non-Maintenance (in Rs.) 2500 if MAB>=50% & 4000 if MAB<50% Cash Deposit - Home & Non-Home Branch (Combined) Charges Above free limit and up to 50 lacs:3/1000
Above 50 lacs: 4/1000Monthly Service Charge (in Rs.) Nil Business Classic Debit card issuance and annual fees (in Rs.) 250 and 250 Business Platinum Debit card issuance and annual fees (in Rs.) 500** and 500** Business Supreme Debit card issuance and annual fees (in Rs.) 1000* and 1000* Cheque Returns (Inward) - Issued by Customer (in Rs.) 1st two returns for the month – Rs 550/-;
3rd return onwards for the month – Rs 750/-Cheque Returns (Outward) - Deposited by Customer (in Rs.) 1st return for the month – Rs 50
2nd return onwards for the month – Rs 100BNA Convenience charges (Applicable on cash deposit in Cash Deposit
Machines (CDM) post office hours on working days and entire day on National/State holidays)Rs 50 per transaction
exceeding Rs 15,000 per month either single or multiple transactionECS (Debit)Returns (in Rs.) 1st return for the month – Rs 500/- ;
2nd return onwards for the month – Rs 550/-Click here to know the detailed Schedule of charges.
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