UCO Bank Service Charges for Remittances, Collections & Returns

3/20/2014 Loans & Advances Schemes
http://ucobank.com/service-charges.htm 1/34
UCO BANK
Service Charges
(w.e.f. 01/04/2012)
Service Charges
A BILLS , REMITTANCES, DEPOSITS, LOCKERS & SAFE-CUSTODY
Service Charge (Rs.) (Incl. of all taxes)

Existing rate
effective from 01.09.2007
Effective from 1st May 2011
Will effective from 1st April
2012
1
Collection of
outstation cheques
Pre Tax Hike Post Tax Hike
Amount of cheque
Upto Rs.5000/- Rs.25/- Per instrument Rs. 26/- Per insturment Rs. 26/- Per insturment

Above Rs.5000/- upto
Rs.10000/-
Rs. 55/- Per instrument Rs. 56/- Per instrument

Above Rs.10000 - upto
Rs.1 lakh
Per Rs.1000/-or part thereof Rs.4.50/- Min. Rs.45/- Rs.110/- per instrument Rs.112/- per instrument
Above Rs.1 lakh
Per Rs.1000/-or part thereof Rs.4.00/-
Min. Rs.450/-
Rs.165/- per instrument Rs.168/- per instrument

(i) The above charges will be all inclusive.No additional charges i.e.courier
charges, out of pocket expenses etc. should be levied from the customer.
(ii)In case of outstation cheques purchased and credited to customers account
interest amount for the period bank remains out of fund shall be realised at the
rate as per terms of sanction/clean OD rate as applicable. Besides normal
collection charge as per item no.1 shall be realised.
In case of local cheques purchased, a flat rate of Rs.50/- per instrument shall
be recovered.
Branches should use electronic mode like RTGS/NEFT, wherever available , to
remit proceeds to the collecting brank/branch
2 Speed Clearing

Collection of high value
cheques i.e above
Rs.1 lac per cheque
presented in speed
clearing.

Cheques upto and inclusive Rs.1 lac
- No charge
Cheques valued above Rs.1 lac -
Rs.165/- per instrument inclusive of
all charges
Cheques upto and inclusive Rs.1 lac
- No charge
Cheques valued above Rs.1 lac -
Rs.168/- per instrument inclusive of
all charges

Branches should make use of Speed clearing /National Clearing wherever
available and levy charges as per the rates mentioned above.

Service(Processing ) charge for local clearing(by clearing house) from member
banks

System
Drawee Bank Presenting Bank

Clearing at MICR-
CPCs
Rs.1.00 Rs.2.00
Cheque Truncation Rs.1.00 Rs.1.50
2 Collection of Bills
A. Collection Charge
Upto Rs.10000/- Rs.75/- Per instrument Rs. 100.00 per instrument Rs. 102.00 per instrument
Above Rs.10000/-
Rs. 8/-
Per Rs.1000/- or part thereof
Min. Rs.100/- Max. Rs. 25000/-
Rs. 8/-
Per Rs.1000/- or part thereof
Min. Rs.102/- Max. Rs. 25467/-
3
Handling Charges
for Cheques / Bills
returned unpaid
(Per
instrument/per
occasion)

CHEQUES
CHEQUES

3.1 Local cheques
returned unpaid/
outward (including
cash / transfer
cheques)
Per instrument Rs.75.00
Cheques upto Rs. 1 lac.
Indv. Account-
Rs.100/- (Rs..75for-R.Br. S. Citizen,
Pensioner)
Others \A/c-Rs.150/- per cheque.
Cheque above Rs1 Lac- upto Rs. 1
Cr.
Rs. 200/- per instrument
Cheque above Rs. 1 cr.
Rs.600/- per instru.
Indv. Account-
Rs.102- (Rs..76 for-R.Br. S. Citizen,
Pensioner)
Others \A/c-Rs.153/- per cheque.
Cr.

3.2 Local cheques
returned unpaid/
inward clearing
cheques
Per instrument
Rs. 60/- (150/ above Rs.1 lac) + applicable intt. - as
per sanction or in case of casual transaction with
approval of competent authority - BPLR + 3%
Indv. Account-
Rs.100/- (Rs..75for-R.Br. S. Citizen,
Pensioner)
Others \ A/c-Rs.150/- per cheque.
Cr.
Plus Int. at clean OD rate for the
period the bank remains out of fund
Indv. Account-
Rs.102/- (Rs..76 for-R.Br. S. Citizen,
Pensioner)
Others A/c-Rs.153/- per cheque.
Cr.
Plus Int. at clean OD rate for the
period the bank remains out of fund

3.2A. Local cheques
for presentation
directly at the drawee
bank

Rs.100/(Rs. 80 in R.Br,Senior
citizen,pensioner) + out of pocket
expenses or 50% of collection
charge
whichever is higher.
Rs.102/(Rs. 81 in R.Br,Senior
citizen,pensioner) + out of pocket
expenses or 50% of collection
charge
whichever is higher.
Note: In No Frill Accounts, charges for cheques returned unpaid shall be restricted to 25% of normal bank charges.

3.3 Outstation
cheques returned
unpaid
Per instrument 50% of collection charge, Min.
Rs.100.00
Per instrument
50% of collection charge
Minimum Rs.200/-
Per instrument
50% of collection charge
Minimum Rs.204.00

BILLS

3.4 Local Bills returned
unpaid
Per instrument 50% of collection charge,
Min. Rs.100.00
50% of collection charge, Min.
Rs.200.00 plus returning charges

3.5 Outstation Bills
returned unpaid
Per instrument 50% of collection charge,
Min. Rs.100.00

4 Other Charges:

4.1 Charges for
presentation of usance
bill for acceptance
Rs.75/- Per bill Rs. 120/- per Bill Rs. 122/- per Bill

4.2 Charges for
change of instruction
(for both usance and
demand bill)per
occasion
Usance bill Rs.50.00
Demand bill Rs.30.00
Usance Bill Rs.100/-
Demand Bill Rs.75/-
Usance Bill Rs.102/-
Demand Bill Rs.76/-

4.3 Charges for storing
Post Parcel [subject to
availability of space].
Size of each packet /
box should not exceed
8000 cc
Rs.25.00 per Item per day
Max. Rs.1000.00
Max. Rs.1000.00
(to be returned after 25 days from
due date)
Max. Rs.1019.00
(to be returned after 25 days from
due date)

4.4 Charges for free
deliviery of documents
(under collection of
bills) or to be returned
back as unrealised
Full commission as per collection of bills
Min. Rs.100.00
Full commission as per collection of
bills
Min. Rs.120/-+ out of pocket expen.
Full commission as per collection of
bills
Min. Rs.122/-+ out of pocket expen.

5 Electronic Clearing Service (ECS)

5.1 Electronic Clearing
Service Debit/Credit
Discretion to Regional Head subject to min. of Rs.5/-
per transaction. No charges to individual beneficiaries
account. [Min. service charges on any single input
submission to NCC is tobe recoverd @ Rs.3500/- per
No charges to individual beneficiaries
account.
Service charges for input submission
to (National Clearing Cell (NCC) is to
be recoverd @ Rs.3.00 per
No charges to individual beneficiaries
account.
Service charges for input submission
to (National Clearing Cell (NCC) is to
Service Debit/Credit
submission to NCC is tobe recoverd @ Rs.3500/- per
user].
record Minimum- Rs. 5000/-(RBI
charges extra)
record Minimum- Rs. 5093/-(RBI
charges extra)

5.2 ECS Returning for
insufficiency of fund
cheque return charges as applicable cheque return charges as applicable

Note : No ECS charges to be levied in respect of Income Tax refund order as
per the extant RBI directives. RBI charges if applicable shall also be loaded to
above charges.

6
General
Instructions :

a) Actual postage cost/telegram charges and other out of pocket expenses
are to be recovered in addition to the prescribed charges.However, charges
prescribed under "Collection of outstation cheques (item 1 above) are
inclusive of postal/courier charges etc. b) In case of cash
transactions for collection of cheques/bills an additional charge of 30% over
the prescribed rate to be charged. c) In case of cheques and bills collected
through another bank, both banks should recover 50% of their respective
collection charges.
7 Remittances
7.1 Issuance of Demand Draft / PO / TT (other than against tender of cash)

Amount of Demand
Draft

Upto Rs.10000/- Rs. 30.00 per instrument
(a) For senior citizens - Rs.35/- per
instrument
(b) In all Rural branches - Rs.35/-
per instrument
(c) In all other cases Rs.40/- per
instrument
(a) For senior citizens - Rs.36/- per
instrument
(b) In all Rural branches - Rs.36/- per
instrument
(c) In all other cases Rs.41/- per
instrument
Above Rs.10000/-
Per Rs.1000.00 Rs.2.50
Min Rs.30.00
Rs.3/- per thousand or part thereof
Min.Rs.45/- Max.Rs.17500/-
For all Rural branches Rs.2.75 per
thousand or part thereof
Min.Rs.40/- Max.Rs.15000/-.
Rs.3/- per thousand or part thereof
Min.Rs.46/- Max.Rs.17827/-
For all Rural branches Rs.2.80 per
thousand or part thereof Min.Rs.41/-
Max.Rs.15280/-.
7.2 Remittance through Electronic Mode - RTGS,NEFT,SFFT
RTGS
Per Rs.1000.00
Rs.1.50 per thousand
Min. Rs.50.00
Max. Rs.2500

Re.2 lacs to less than
Rs.5 lacs
Rs.28/- per transaction Rs.29/- per transaction
Rs.5 lacs and above Rs.55/- per transaction Rs.56/- per transaction
NEFT
Upto Rs.1 lac Rs.6/- per transaction Rs.6/- per transaction

Above Rs.1 lac Upto
Rs. 2 Lac
Rs. 16/- per transaction Rs. 16/- per transaction
Above Rs.2 lac Rs.28/- per transaction Rs.29/- per transaction
8
Issuance of DD/PO/
TT/ Pay Order
against tender of
Cash (restricted to
amt. less than
Rs.50,000/-)

Additional 50% over the
normal charges to non-
customers & 30% to the
customers shall be levied
Additional 50% over the
normal charges to non-
customers
& 30% to the customers shall
be levied

9 Miscellaneous

a) Issuance of
Duplicate DD/Pay
Order
Rs.100/- Per instrument
50% of applicable charge per
instrument, min Rs.100/-
50% of applicable charge per
instrument, min Rs.102/-

b) Revalidation of
DD/Pay Order
Rs.100/- Per instrument Rs.100/- Per instrument Rs.102/- Per instrument
DD/Pay Order

c) Cancellation of
DD/Pay Order
Rs.100/- Per instrument Rs.100/- Per instrument Rs.102/- Per instrument

Note:-If DD/PO amount is less than
Rs. 100/- then 50% of value shall be
levied as Bank charges for the
service mentioned under point no.
9a.b.c.
Note:-If DD/PO amount is less than
Rs. 100/- then 50% of value shall be
levied as Bank charges for the
service mentioned under point no.
9a.b.c.
10 Deposit/withdrawal of cash/ Collection of cheques and Transfer of Funds at CBS branches.

Cheque Collection
charges
(i) Depossit of cheques
of same
centre(Base/Non base
branches)
Collection of local cheque by any CBS branch at the
same centre where base branch is located ( e.g.
customer having an account at a CBS branch in
Kolkata and cheque drawn on any bank in Kolkata
deposited at any CBS branches participating in
Clearing House - FREE

(ii) Deposit of cheques
of other centres
ii) Collection of Cheque through non base outstation
CBS branches (by presentment through local clearing,
viz. customer having an account at CBS branches in
Kolkata and deposits a cheque at Mumbai which is to
be presented to any Bank in Mumbai through loc
Outstation cheque collection charges
+ fund transfer (Intersol) charges
shall be levied.
Outstation cheque collection charges
+ fund transfer (Intersol) charges
shall be levied.

b)Deposit/withdrawal
of Cash
at local non-base branch
Upto Rs.50000/- -Free
Above Rs.50,000/- @Rs.1.50 per Rs.1000/- or part
thereof
Min. Rs.22.50 per transaction
Max Rs.12,000/-
Upto Rs.25,000/- per day-free
Above Rs.25000/- @ Rs.1.75 per
Rs.1000/- or part thereof (Min.
Rs.25/- per transaction)
Max.Rs.12000/-
Above Rs.25000/- @ Rs.1.80 per
Rs.1000/- or part thereof (Min.
Rs.25/- per transaction)
Max.Rs.12224/-

at outstation (non-base) branch
Upto Rs.50,000/- - Free
Above Rs.50,000/-
@Rs.2.50 per Rs.1000/- or part thereof Min.Rs.40/-
per transaction
Max Rs.12000/-
Upto Rs.25,000/- per day Above
Rs.25000/- @Rs.3.00 per Rs.1000/-
or part thereof (min.Rs.50/- per
transaction)
Above Rs.25000/- @Rs.3.00 per
Rs.1000/- or part thereof
(min.Rs.51/- per transaction)

Deposit of Cash (
w.e.f. 04.01.2012)
At Local/ Outstation (non-base) branch
In terms of Ministry of Finnance, Government of India - Charges fully waived. Free of charge
at any branch of other Bank for credit to account with our bank branch & vice versa - will attract charges equal to NEFT charges

Note: For deposit of Cash - Cash handling charges shall be levied as
applicable in addition to charges as aforesaid.(Cash withdrawal at
non-base branches by self only with maximum amount Rs. Fifty
thousand per day per account. )

c) Fund Transfer
between CBS branches
(Non-cash)
At the same city/centre - Free of cost. At different
city / centre -- Upto Rs.50000/= per day free.
Thereafter @Rs.1.50 / Rs.1000 or part thereof.
Min. Rs.30/= max Rs.12000/= per transaction
Intracity - FREE
Intercity -
Less than Rs.1 lac - @Rs.6/- per Tr.
Rs.1 lac less than 5 lac - Rs.28/- per
Tr.
Rs.5 lac and above Rs.55/- per Tr.
Intracity - FREE
Intercity -
Less than Rs.1 lac - @Rs.6/- per Tr.
Rs.1 lac less than 5 lac - Rs.29/- per
Tr.
Rs.5 lac and above Rs.56/- per Tr.
B
Miscellaneous
Service Charges

11
Ledger
Maintainance
Charges)

11.1 Current/ CC/OD
Account
Per Folio per half-year
Rs. 75/-
Account Maintenance Charges
CA/CC A/c
Rs. 2.00 per entry Minimum-
Rs.50.00 Maximum Rs.1000.00 per
half year
subjected to free entries
Bal. upto Rs 25000-NIL
Upto Rs 50000 - 50
Upto Rs 1 lac - 75
Upto Rs 2 lac- 125
Upto Rs 5 lac- 250
Above Rs 5 lac- All Free
Account Maintenance Charges
CA/CC A/c
Rs. 2.00 per entry Minimum-
Rs.51.00 Maximum Rs.1019.00 per
half year
subjected to free entries
Bal. upto Rs 25000-NIL
Upto Rs 50000 - 51
Upto Rs 1 lac - 76
Upto Rs 2 lac- 127
Upto Rs 5 lac- 255
Above Rs 5 lac- All Free
11.2 Charges for additional debit entries in S.B. A/cs.

Free debit entries
permitted
No. per half year
50
No. per half year 50 No. per half year 51

Charges for additional
debit entries [*]
Per addl. entry
Rs.10/-
Per addl. Entry Rs.10/- Per addl. Entry Rs.10/-
[*] No charge shall be levied if the balance in the account is maintained above Rs.25000/=
Incidental Charges for Accounts not operated for 1 year
12 (a) Savings Bank Accounts

Balance Rs.1000 or
more
half yearly Nil Nil Nil

Balance < Rs.1000/- >
Rs.50
half yearly Rs.30
Rs.50/- per half year for CBS
Branches
Rs.51/- per half year for CBS
Branches
Balance below Rs.50/-
half yearly
*available balance and a/c to be closed under advice
to customer.
*available balance and a/c to be
closed under advice to customer.
*available balance and a/c. to be
closed under advice to customer.
* After giving notice entire balance to be appropriated & account should be closed
(b) Current
Irrespective of Balance
half yearly
Rs.50/-
Rs.150/- -CBS per half yearly Rs.153/- -CBS per half yearly
13 Charge for not maintaining Minimum Balance

(a) SB with cheque
facility

Per quarter Rs.150/- (Rural Br.-
Rs.100/-)
Per quarter Rs.153/- (Rural Br.-
Rs.102/-)

(b) SB without cheque
facility
Rs.100/- Per quarter Rs.102/- Per quarter

(c)SB Pension/Sr.
Citizen account with
cheque facility
Rs. 150 per quarter Rs. 153 per quarter

(d)SB PensionSr.
Citizen account without
cheque facility
Rs. 100 per quarter Rs. 102 per quarter
(e) Current Per quarter Rs.450/- Per quarter Rs.458/-

Note1: Default in non-maintenance in minimum balance shall be reckoned on
average monthly balance in the account. Note 2: Charges for
non-nmaintenance of minimum balance in account of Sr.citizen are not to be
levied for the first default.The depositor to be advised to make good the gap
failing which applicable default charges as mentioned above shall be applied.
14 Charge for closure of a/c within 12 months
Savings Bank
Without Cheque Book Rs.100.00, With Cheque Book
Rs.150.00
Rs.200/- Rs.100.00 for Rural
Branches
Rs.204/-
Rs.102.00 for Rural Branches
Current /CC
For Firms & Companies Rs.500.00, For others
Rs.150.00
For firms & Companies
Rs.500.00, For others Rs.250.00
For firms & Companies Rs.509.00,
For others Rs.255.00

Note:No Charges shall be levied in case of death of deposited and transfer of
deaceased depositor a/c. to our other branch.
15 Charge for issuance of cheque book

(a). Savings Bank (Per
leaf)

MICR & Non-MICR
Per leaf
Rs.3/-
Rs. 3 per leaf. (including multicity
cheques)
Rs. 3 per leaf. (including multicity
cheques)
Free Chq. Leaves in 1/2 year
Rural Branches
No. of Chq. Leaves
40
No. of Chq. Leaves 20 No. of Chq. Leaves 20
Other Branches
No. of Chq. Leaves
30
No. of Chq. Leaves 20 No. of Chq. Leaves 20

(b).Current / Cash
Credit (per leaf)

MICR & Non-MICR
Per leaf
Rs.2.50
Rs. 3 per leaf (including multicity
cheques)
Rs. 3 per leaf (including multicity
cheques)
16 Charge for issuing daily/weekly statement of accounts
Daily statement Per month Rs.100/-
Rs.1000/- per year. For repeat
request, Rs.2/- per entry. Min.
Rs.100/- per request
Rs.1019/- per year. For repeat
Weekly statement Per month Rs.50/-
Rs.450/- per year for repeat
Rs.458/- per year for repeat
Monthly Statement Per month - free
Once Free, thereafter, Rs.2/- per
entry. Min. Rs.100/- per request
Once Free, thereafter, Rs.2/- per
entry. Min. Rs.102/- per request
17 Charge for issuing duplicate pass book with latest entry
17.1 Individuals Per occasion Rs.40/-
Rs.75/ Rs.50 (Rural Br.) per
occasion
Rs.76/ Rs.51 (Rural Br.) per occasion

17.2 Others than
individuals
Per occasion Rs.50/- Rs.100 per occasion Rs.102 per occasion

with previous entries
( additional charges w.e.f 04.01.2012) in addition to duplicate pass book charges of previous column
40 entries(per folio) or part Rs. 51/- for inidividuals
40 entries(per folio) or part Rs. 76/- for other than individuals
18 Charge for issuance of duplicate interest certificate/balance certificate
Rs.50/- per occasion Rs.75/- per occasion Rs.76/- per occasion
19 Charge for attestation of customer's signature on documents (per signature attested)
19.1 Individuals Rs.50/- Rs.75/- Rs76/-

19.2 Other than
individuals
Rs.75/- Rs.100/- Rs102/-

20
Charge for addition/ deletion of names/change in operational instructions/ recording of power of
attorney in accounts of individuals (other than deceased A/c)

Rs.75/- Rs.100/- per occasion Rs.102/- per occasion
21
Charge for change in constitution/ operational instruction/ authorised signatory/ recording power of
attorney in accounts other than individuals

Rs.100/- per occasion Rs.250/- per occasion Rs.255/- per occasion
22
Charge for stop
payment of cheque
(per instrument)

22.1 Savings Bank

Other than Rural
branches
Rs.50/- per occasion
Rs.75/- per cheque
Max.Rs.500/- per lot
Rs.76/- per cheque
For Rural Branch Rs.40/- per occasion
Rs.50/- per cheque
Rs.51/- per cheque
22.2 Current Account

Other than rural
branches
Rs.100/- per occasion
Rs.100/- per cheque
Rs.102/- per cheque
For Rural Branch
Per occasion
Rs.80/-
Rs.80/- per cheque
Max Rs.350/- per lot
Rs.81/- per cheque
Max Rs.357/- per lot

23
Charges for ATM
Card

23.1 Issuance of New
ATM Card/Duplicate
card/PIN/Annual
maintainance Charges
Nil Nil Nil

23.2 ATM Transaction
charges


charges

i)Cash withdrawal
Our Bank's ATM

Per occasion
our Bank's ATM - free
Per occasion - Free Per occasion - Free
Other Bank's ATM Per occasion ATM of SBI and its associates - Rs.20/-
5 transaction in a month in SB a/c -
Free.
Thereafter charges @ Rs.20 per
transaction.
5 transaction in a month in SB a/c -
Free.
Thereafter charges @ Rs.20 per
transaction.
ii) Balance inquiry our Bank's ATM - free our Bank's ATM - free our Bank's ATM - free
ATM of SBI and its associates - Rs.8/- Other Bank's ATM - Free Other Bank's ATM - Free

23.8 Point of Sales
(POS) transactions at
Petrol Pumps and
Railway Reservation
Counters as per
Shared Network
Regulations

Service Charges @2.5% of
transaction value or Rs.10.00
whichever is higher
Service Charges @2.5% of
transaction value or Rs.10.00
whichever is higher
23.9 Transaction Abroad

a) Cash withdrawal
through VISA
Networked ATMs

Rs.100/- + 2% of the currency
conversion charges per transaction
Rs.102/- + 2% of the currency
conversion charges per transaction

b) Balance Enquiry
through VISA
Networked ATMs
Rs.25.00 Rs.25.00
24 Charge for late payment of Recurring Deposit instalments

RD of 60 months or
less
pm/Rs.100 Rs.2.00 Rs.2/- per Rs.100/- p.m. Rs.2/- per Rs.100/- p.m.

RD of above 60
months
pm/Rs.100 Rs.2.00 Rs.2/- per Rs.100/- p.m. Rs.2/- per Rs.100/- p.m.
25 Charge for standing instructions (per transaction)
26 Registration

Same branch and in
same name
per transaction
Nil
Nil Nil

Same branch but in
different name
per transaction
Rs.10/- + remittance and postage charge Rs.25/- individual / Rs. 50/- others
per transaction + actual remittance
charges
Rs.25/- individual / Rs. 51/- others
per transaction + actual remittance
charges Involving another
branch
per transaction
Rs.10/- + remittance and postage charge

Charge for
insufficiency of funds
to carry out standing
instructions
Per occasion
Rs.30/-
Rs.50/- per occasion Rs.51/- per occasion
27
Charge for issuance
of Solvency
Certificate (per
certificate)

Rs.250/- per lac
Min.Rs.750/-
Max.Rs.15000/-
Rs.255/- per lac
Min.Rs.764/-
Max.Rs.15280/-
28 Cash Handling charges
Per day per account Per day per account

upto 10 packets
Above 10 packets
Notes upto Rs.100
denomination
Free
@Rs.10 per packet
Max Rs.10,000/-
Free
@Rs.10 per packet
Max Rs.10,000/-
Free
@Rs.10 per packet
Max Rs.10,187/-

Above Rs.100/-
denomination
@Rs.8 per packet
Max Rs.10,000/-
@Rs.8 per packet
Max Rs.10,000/-
@Rs.8 per packet
Max Rs.10,187/-
29 Charges for Safe Custody
Scrips Rs.10/ per scrip.Min. Rs.100/-p.a. or part therof
Rs.350/- per cover p.a. or part
thereof
Rs.357/- per cover p.a. or part
thereof
Sealed Covers Rs.200/- per cover p.a.or part thereof
Sealed Boxes Rs.1000/- per year or part thereof per box
Rs.3000/- per box p.a. or part Rs.3056/- per box p.a. or part
Sealed Boxes Rs.1000/- per year or part thereof per box
Rs.3000/- per box p.a. or part
thereof
Rs.3056/- per box p.a. or part
thereof
30
Postal charges
(per packet)
Actual Actual Actual
31
Enquiry relating to old
records (more than 12
months old)

Upto 1 year old record Rs. 100/- per
reference. Beyond 1 year Rs. 300/-
per year per reference + out of
pocket expense
Upto 1 year old record Rs. 100/- per
reference. Beyond 1 year Rs. 305/-
per year per reference + out of
pocket expense
32
Loss of safe deposit
locker key

Rs. 250/- + actual expenses for
breaking and replacement of the
locker
Rs. 255/- + actual expenses for
breaking and replacement of the
locker
33
Photo attestion
charges
Rs. 50/- per certificate Rs. 51/- per certificate
34
Issue of Duplicate
Deposit receipt.
Rs. 50/- per request per instrument Rs. 51/- per request per instrument
35
Record copy of the
cheque
Rs. 50/- per instance Rs.51 per instance

Note :(1) In case of tierised deposit proucts (SB A/c / CA), no frills SB A/c and
other products etc. benefits/concession as per the relevant scheme shall
apply.

C Locker Rent :
1 Schedule of Locker Rent (inclusive of all taxes)
Category
Volume
(cubic inch)
Existing
UCO Bank
w.e.f. 1st May 2009
Existing Pre- Tax Hike Proposed Post-Tax Hike
Rural/SU Urban/Metro Rural/SU Urban/Metro Rural/SU Urban/Metro Urban/Metro
A
i) 469.90 735.00

800 1000 815 1019 1019
ii) 534.77
B
i) 858.69 785.00

ii) 878.17 900 1200 917 1222 1222
iii) 731.80
C
i) 1186.21 1475.00

1500 2500 1528 2547 2547
ii) 1155.09
D
i) 1337.11 1475.00

ii) 1307.72 1500 2500 1528 2547 2547
E
i) 1872.67 1960.00

ii) 1841.33
iii) 1828.02 2500 3000 2547 3056 3056
iv) 2234.25
F
i) 2767.82 2455.00
2750 3000 2801

3056 up to
30.04.2012.
(Increased to 3565
w.e.f. 01.05.2012)
iii) 2622.38
G
i) 2843.59 3056
ii) 2766.33
H
i) 3986.97 3435.00

ii) 3682.66
L-1
i) 4214.60 4000 4500 4075 4584 4584
ii) 4671.61
ii) 4671.61
K&L
i) 6296.51 4420.00

ii) 6009.61 4500 5000 4584 5094 5094
2
Locker Rent for Staff-members: Locker Rent for Staff-members:
Effective from 1st May 2009 Existing Pre- Tax Hike Proposed Post-Tax Hike

Rural /
SU
Urban / Metro
Rural /
SU
Urban /
Metro
Rural /
SU
Urban /
Metro
Urban / Metro
A Type (one
locker only)
300.00 395.00 490.00 450.00 550.00 458 560
3
Penalty for late payment of Locker Rent ( per quarter or part thereof) : Penalty for late payment of Locker Rent ( per quarter or part thereof) :

Effective from
1st May 2009
Existing Pre- Tax Hike Proposed Post-Tax Hike
A & B Type 50.00 50.00 51
C & above 250.00 250.00 255
(Penalty appliciable after 3 months of due date applicable also to staff member/ex-staff members).
4
Locker standing in the name of retired/voluntarily retired/ deceased staff members
Locker standing in the name of retired/ voluntarily retired/ other member of staff and in case of deceased staff members on transfer to the name of the spouse
upto the end of his/her life may continue with staff concession.
Note: (Proposed)

Lockers can be leased for a period upto 3 years at a time subject to advance payment of rent. However, there would not be any concession in case
advance rent is paid by customers. The rent payable for the overdue period to the date of revision would be recovered at old rate and the revised rate
will be recovered proportionately from the date of revision. Where rent for 3 years has been recovered prior to revision, no difference amount on account
of revision in rent shall be recovered for the current financial year only and the revised rate shall be applicable from the next financial year. Refund of advance
rent may be allowed for the un-expired period in case the locker is surrendered before the expiry of the period of three years for which advance rent has been
paid. The refund will be made in complete years i.e. fraction of a year remaining in the year of surrender shall be ignored.
PART -II
SERVICE CHARGES ON ADVANCES (PS & NPS)
I. PRIORITY SECTOR ADVANCES EXCEPT EDUCATION LOANS
A. PROCESSING CHARGES (for Advances other than Term Loan & DPG)*
Amount of Advance Effective from Effective from 1st May 2011 Will effective from 1st April 2012 Will effective from 1st April 2012
1st May,2009 Pre Tax Hike Post Tax Hike Post Tax Hike
Up to Rs.25, 000/- Nil Nil Nil Nil
Above Rs.25, 000/- Rs. 350.00 per lac Rs. 350.00 per lac Rs. 357.00 per lac
Min. Rs. 350.00 Min. Rs. 350.00 Min. Rs. 357.00
* This table is also applicable for sanction of Short Term Loans upto 12 months.
B.RENEWAL CHARGES (for Advances other than Term Loan & DPG)
Up to Rs.25,000/- Nil Nil Nil Nil
Above Rs.25,000/- Rs.350.00 per lac Rs.350.00 per lac Rs.357.00 per lac
Min. Rs.350.00 Min. Rs.350.00 Min. Rs.357.00
C.PROCESSING CHARGES FOR TERM LOANS & DPG
I. Fresh Term Loan/DPG sanctioned excluding loans
sanctioned under Retail Segment
Effective from
Effective from 1st May
2011
Will effective from
1st April 2012
Will effective from 1st
April 2012
Up to Rs.25,000/- Nil Nil Nil
Above Rs.25,000/-
1.1236% of the
Sanctioned limit
1.1236% of the
Sanctioned limit

1.1446% of the
Sanctioned limit
Min Rs. 600.00 Min Rs. 600.00 Min Rs. 611.00
II.Review of Term Loan (On run down Balance)
Up to Rs.25,000/- NIL NIL NIL
Above Rs.25,000/-
Rs. 120.00 per lac, Min.
Rs.250.00,
Rs.250.00,

Rs.255.00,

Max. Rs.55000.00
except Retail Credit
Max. Rs.55000.00

Max. Rs.56028.00
D. AD-HOC SANCTION CHARGES:
Amount of
Ad-hoc
Sanction
Effective from Effective from 1st May 2011
Will
effective
from 1st
April 2012
Will effective from 1st April 2012
1st May,2009 Pre Tax Hike
Post Tax
Hike
Post Tax Hike
Upto Rs.
25,000/-
NIL NIL NIL
Above
Rs.25,000/-
Normal processing charges for the period
of sanction on pro-rata basis (min. Charge
for 3 months)
for 3 months)

for 3 months)
E. DOCUMENTATION CHARGES:
Above Rs.25,000/- Rs. 200 .00 Rs. 200 .00 Rs. 204 .00
Up to Rs.2 lacs
Above Rs.2 lacs upto Rs.5 lacs Rs.1300.00 Rs.1300.00 Rs.1324.00
Above Rs.50 lacs upto Rs.5 crores Rs.5600.00 Rs.5600.00 Rs.5705.00
Above Rs 5 crores Rs.14000.00 Rs.14000.00 Rs.14262.00
II. NON-PRIORITY SECTOR ADVANCES :
A. PRE-PROCESSING CHARGES :
Particulars Effective from Effective from 1st May 2011 Will effective from 1st April 2012 Will effective from 1st April 2012
In case of
new
accounts
with
exposure
of Rs.10
lacs and
above
Preprocessing charges equal to
10% of total applicable processing
charges would be recovered
upfront after clearance of the
advance proposal by the New
Business Committee (NBC) i.e.
before taking up the proposal for
detailed processing. The remaining
90% of the processing charges are
to be recovered in full before the
disbursement begins. The pre-
processing charges would be non-
refundable.
refundable.
refundable.
refundable.
B. PROCESSING CHARGES:
a) Other than Term loan & DPG*
a) Other than Term loan & DPG*
Above Rs.25,000/- Rs.400.00 per lac or part thereof Rs.400.00 per lac or part thereof Rs.407.00 per lac or part thereof
Min Rs.700.00 Min Rs.700.00 Min Rs.713.00
* This table is also applicable for sanction of Short Term Loans upto 12 months.
b) Term loan & DPG
I. Fresh Term Loan/DPG
sanctioned excluding loans
sanctioned under Retail
Segment
Will
effective
from 1st
April
2012
Post Tax
Hike
Post Tax Hike
Up to Rs.25, 000/- Nil Nil Nil
Above Rs.25,000/-
1.35% of the sanctioned limit for first
year plus annual renewal charge or
25% one time charge for 10 years.

II. Review of Term Loan
Up to Rs.25,000/- NIL NIL NIL
Above Rs.25,000/- Rs. 125.00 per lac, Rs. 125.00 per lac, Rs. 127.00 per lac,
Min. Rs.250.00, Min. Rs.250.00, Min. Rs.255.00,
Max. Rs.56000.00 Max. Rs.56000.00 Max. Rs.57047.00
(Except Retail Credit) (Except Retail Credit) (Except Retail Credit)
C. RENEWAL CHARGES for advances other than Term loan & DPG
Amount of
Advance Effective from Effective from 1st May 2011
Will effective from 1st April
2012 Will effective from 1st April 2012
Up to
Rs.25,000/-
Nil Nil Nil
Above
Rs.25,000/-
At the same rate as processing
charges
charges

charges
D.ADHOC SANCTION CHARGES:
Amount
of Ad-
hoc
Sanction
Will
effective
from 1st
April 2012
Post Tax
Hike
Post Tax Hike
Up to
Rs.2 lac
Rs.600.00 Rs.600.00 Rs.611.00
Above
Rs.2 lacs
Normal processing charge for the period of
sanction on pro-rata basis till adjustment
(Min.charges for 3 months)

E. Documentation charges :
Amount of Advance
Effective
Will effective from Will effective from
Amount of Advance
Effective
from
Will effective from
1st April 2012
Will effective from
1st April 2012

1st
May,2009
Pre Tax Hike Post Tax Hike Post Tax Hike
Above Rs.25,000/- Rs.250.00 Rs.250.00 Rs.255.00
Up to Rs.2 lacs
Above Rs.2 lacs upto
Rs.5 lacs
Rs.1300.00 Rs.1300.00 Rs.1324.00
Rs.25 lacs
Rs.2000.00 Rs.2000.00 Rs.2037.00
Rs.50 lacs
Rs.4000.00 Rs.4000.00 Rs.4075.00
Rs.5 crores
Rs.5600.00 Rs.5600.00 Rs.5705.00
Above Rs. 5 crores Rs.14000.00 Rs.14000.00 Rs.14262.00

In case of loan against deposit , UCO Securities Loan and staff loan no
documentation charge are to be realised.

F.OTHER SERVICE CHARGES
a.Applicable for customers falling under FC & MC Categories
Particulars Effective from Effective from 1st May 2011
Will
effective
from 1st
April 2012
Post Tax
Hike
Post Tax Hike
1. Issuance of NOC (per
NOC)
Rs.55,000.00 Rs.55,000.00 Rs.55,000.00
2. Modification of terms and
conditions of sanction
Rs.55,000/= per modification. Rs.55,000/= per modification. Rs.56028/= per modification.
Min. Rs. 1.00 lac Min. Rs. 1.00 lac Min. Rs. 101870.
3. Revalidation of sanction
50% of regular processing charges.
Maximum of Rs.11 lacs.
Maximum of Rs.11 lacs.

Maximum of Rs.1120570 .

4. Penal charges for
deferred drawal in case of
term loans.
0.10% per month on the drawings not
made on the scheduled date for the
delayed drawing period.

5.Mortgage charges
a. in case of sole banking
accounts
Rs.25000.00 Rs.25000.00 Rs.25467.00
b. in case of consortium /
multiple banking accounts
Rs.25,000.00 Rs.25,000.00 Rs.25,467.00
6. Parting of process note
for filing with SEBI for IPO
or any similar purpose
Rs.600000.00 Rs.600000.00 Rs.611220.00

7. Loan Syndication
1.15% of the debt syndicated upto
Rs.25 crore.
Rs.25 crore.

Rs.25 crore.

0.6% of the debt syndicated for
above Rs.25 crore (Min. Rs.25
crores).
above Rs.25 crore (Min. Rs.28 lacs).

above Rs.25 crore (Min. Rs.28 lacs).
b. Applicable for customers falling under SE Category
1. Issuance of NOC (per NOC) Rs.600.00 Rs.611.00
2. Modification of terms and conditions of
sanction
Rs.600.00 per modification. Rs.611.00 per modification.
3. Revalidation of sanction
Applicable regular processing charges, subject to ceiling of
Rs.5.00 lacs.
Applicable regular processing charges, subject to ceiling of
Rs.509350 .
G.MISCELLANEOUS CHARGES :
Particulars Effective from 1st May,2009
Effective from 1st May 2011 Will effective from 1st April 2012
a. Processing Charges
for advances against
NSC, KVP etc and Gold
Loans:-
Flat Rs.245.00 + Appraisers Fee ( for Gold
Loan)
Loan)
Loan)
b. Supervision Charges
(Applicable to PS & NPS
limits of Rs. 1 crore &
above)
Rs.2950.00 half year Rs.2950.00 half year Rs.3005.00 half year
C.Inspection Charges
(Priority & Non-Priority
Sector Advances)

Amount of Advance Effective from 1st May,2009

Above Rs.25,000/- upto
2 lacs -
Rs.145.00 per inspection Rs.145.00 per inspection Rs.148.00 per inspection
Above Rs.2 lacs up to
Rs.10 lacs -
Rs.25 lacs
Rs.50 lacs
Rs.980.00 per inspection.+Conveyance
Charge + Out of pocket exp
.
Above Rs.50 lacs up to 1
crore
Rs.2950.00 per insp.+Con.Char.+Out of
pocket exp.
pocket exp.
Rs.300500 per insp.+Con.Char.+Out of
pocket exp.

Above 1 crore
pocket exp.
pocket exp.
pocket exp.
d) Lead Bank Charges
for Consortium
Advances: (Priority
Sector & Non Priority
Sector) :
0.140% of the total fund based working
capital limits sanctioned by the consortium (
i.e. Assessed working capital Fund Based
limit). Renewal Charges at the same rate to
be recovered every year.

e)Issuance of no dues
certificate (Priority
Sector & Non Priority
Sector)

Particulars Effective from Effective from 1st May 2011 Will effective from 1st April 2012
1st May,2009 Pre Tax Hike Post Tax Hike
i) No dues
certificate(NDC) for small
loans upto Rs.50,000/-
to small and marginal
farmers, share cropper
and the like
NIL NIL NIL
(Not required) (Not required) (Not required)
ii) No dues
certificate(NDC) for
others
Rs.45.00 per certificate Rs.45.00 per certificate Rs.45.00 per certificate

Effective from 1st May 2011 Will effective from 1st April 2012
f). Charges for issuance of No dues
certificate to clients whose NPA accounts
are settled by entering into compromise (
Applicable in all cases where sanctioned
loan/limit/disbursed amount is above Rs.5
lacs)-
i) NPA accounts where terms of compromise
are strictly adhered to
ii) NPA accounts where repayment is not
received as per original schedule/failed
compromise is revived:
Particulars Effective from
1st May,2009
g) Processing Charges / Roll over charges
for FCNR (B) loan
Rs 50000.00 per occasion Rs 50000.00 per occasion Rs 50935.00 per occasion
h) For ear-marking credit limits sanctioned
by us and to be availed by the borrowers
from other bank
The service charge of 1.20% per
annum will be levied on quarterly
basis i.e. 0.30% per quarter:
annum will be levied on quarterly basis
i.e. 0.30% per quarter:

annum will be levied on quarterly
basis i.e. 0.30% per quarter:

i) Pre-payment and commitment charges
; Sanctioning Authorities shall stipulate
prepayment/commitment charges in
sanction terms.

i. Prepayment charges
No prepayment charges in the
following :
No prepayment charges in the following
charges

No prepayment charges in the
following
charges

a)Agricultural loans upto Rs.10
lacs
a)Agricultural loans upto Rs.10 lacs a)Agricultural loans upto Rs.10 lacs

b)Other Priority Sector loans
upto Rs.5 lacs
b)Other Priority Sector loans upto Rs.5
lacs

b)Other Priority Sector loans upto
Rs.5 lacs

c)Other Term Loan Accounts
with limit upto Rs.2 lacs.
c)Other Term Loan Accounts with limit
upto Rs.2 lacs.

c)Other Term Loan Accounts with
limit upto Rs.2 lacs.

For other term loans as per
Annexure-1 enclosed. (Being
governed by Loan Policy
Document and changes/
amendments as advised by Risk
Management Dept.)
For other term loans as per Annexure-
1 enclosed. (Being governed by Loan
Policy Document and changes/
amendments as advised by Risk
Management Dept.)

For other term loans as per
Annexure-1 enclosed. (Being
governed by Loan Policy Document
and changes/ amendments as
advised by Risk Management Dept.)
ii. Commitment Charges :

Where average availment of fund based credit during a month is less than 70% of the
limit sanctioned, commitment charges @1/12th percent on the unutilised limit shall be
levied for that month. Service tax at applicable rate shall be added by branches to
the commitment charges. (Being governed by Loan Policy Document and changes/
amendments as advised by Risk Management Dept.)

Note : Assessment of average availment during a month shall be based on the % of
actual interest for the month with respect to the interest calculated on the full limit for
the month.
j) Processing Charges on Banks Own Loan Schemes:
Schemes Effective from
Effective
from 1st
May
2011
Will effective from 1st April 2012 Will effective from 1st April 2012

Pre Tax
Hike
Post Tax Hike Post Tax Hike
Hike
1. UCO
Rent

Fresh
Sanctions
1% of the sanctioned loan amount. 1% of the sanctioned loan amount. 1% of the sanctioned loan amount.
Review
on run
down
Balance
Rs. 225.00 per lac, Min. Rs.250.00, Max.
Rs.56000.00
Rs. 225.00 per lac, Min. Rs.250.00, Max. Rs.56000.00
Rs.57047.00
2. UCO
Real
Estate

Fresh
Sanctions
0.8% on the amount of loan applied for
along with the application. 1.20% processing
fee of the sanctioned loan amount.


Review of
TL on run
down
Balance
Rs.56000.00
0.8% on the amount of loan applied for along with the
application. 1.20% processing fee of the sanctioned loan
amount.
Renewal
of CC/WC
Rs.395.00 per lac or part thereof Rs. 125.00 per lac, Min. Rs.250.00, Max. Rs.56000.00
Rs.57047.00
Rs.395.00 per lac or part thereof Rs.402.00 per lac or part thereof
3.UCO
Shilpa
Udyog

Fresh
Sanctions
0.50% of FB Limit 0.50% of FB Limit 0.50% of FB Limit
0.25% of NFB Limit 0.25% of NFB Limit 0.25% of NFB Limit
Review/
Renewal
Charges
Rs.345.00 per lac or part thereof Rs.345.00 per lac or part thereof Min. Rs.350.00
Rs.351.00 per lac or part thereof Min.
Rs.357.00
# Review/Renewal Charges (UCO Trader) : At the same rate as processing charges.
PART-III
GUARANTEE
& LETTER OF
CREDIT

Service
Charges in Rs.
(Incl. of all
taxes)

A) Charges for
Guarantee

1.Commission
on issuance of
Guarantee
(Period
including claim
period)

Particulars Effective from 1st May 2011 Will effective from 1st April 2012 Will effective from 1st April 2012
(i) Performance
Guarantee
Rs.170 + 2.20% p.a. (Min. 170 +1.10%
charges for 2 quarters)
Rs.170 + 2.20% p.a. (Min. 170 +1.10%
Rs.173 + 2.24% p.a. (Min. 173 +1.12%
(ii) Other
Guarantees
(Including
issuance of
letter of
comfort for
buyers credit
Rs.170 + 3.30% p.a. (Min. 170 + 1.65%
Rs.170 + 3.30% p.a. (Min. 170 + 1.65%
Rs.173 + 3.36% p.a. (Min. 173 + 1.68%
Note : Note : Note :
Note : Note : Note :

a) Charges are to be recovered upfront for
the full period including the claim period unless
otherwise sanctioned by the competent
authority.
a) Charges are to be recovered upfront for
the full period including the claim period unless
authority.
a) Charges are to be recovered upfront for the
full period including the claim period unless
authority.

b) Guarantee for the period beyond six
months would attract commission, reckoning
the part period of guarantee beyond 6 months
in terms of completed quarters. (For a
performance guarantee issued for 16 months,
guarantee commission for 1 year should be
levied @ Rs.170 +2.20 p.a. and for the
remaining 4 months commission should be
levied @ 0.55% per quarter for 2 quarters by
reckoning 4 months as two quarters.)
b) Guarantee for the period beyond six
months would attract commission, reckoning
the part period of guarantee beyond 6 months
in terms of completed quarters. (For a
performance guarantee issued for 16 months,
guarantee commission for 1 year should be
levied @ Rs.170 +2.20 p.a. and for the
remaining 4 months commission should be
levied @ 0.55% per quarter for 2 quarters by
reckoning 4 months as two quarters.)
b) Guarantee for the period beyond six months
would attract commission, reckoning the part
period of guarantee beyond 6 months in terms
of completed quarters. (For a performance
guarantee issued for 16 months, guarantee
commission for 1 year should be levied @ Rs.170
+2.20 p.a. and for the remaining 4 months
commission should be levied @ 0.55% per
quarter for 2 quarters by reckoning 4 months as
two quarters.)

c) Additional commission at applicable rate will
be levied on the extended period of guarantee
due to restraint imposed by court order.
2. Refund of
guarantee
commission

No refund if the purpose for which the
guarantee was issued is served and the original
guarantee is returned for cancellation before the
expiry date. If the purpose for which guarantee
was issued is not served, 50% of original rate
for the unexpired period less 1 quarter will be
refunded. (Guarantee with an unexpired period
of 10 months is tendered for cancellation, refund
will be calculated for 7 months @ 50% of original
commission.)
3. Renewal /
Extension of
Guarantee

Same charges as applicable for issuance of fresh
guarantee. However, for the claim period, no
charge to be levied if the renewal is effected
before the expiry date of the original guarantee.
4. Guarantees
secured by
100% term
deposit
including third
party deposits
of our Bank

Rs.173 + 25% of normal commission.if the BG is
secured by 100% CASA deposit,full commision
shall be waived.

B) Charges for
Inland Letter of
Credit

Particulars
1. LC Opening
Charges
Following charges with a min. of Rs.750/-
should be levied

Following charges with a min. of Rs.764/- should
be levied

a) Usance Charge : 2.20% p.a. for the
usance period (complete month or part
thereof). In case of sight bills / usance for less
than 1 month, minimum one month charges
And

a) Usance Charge : 2.24% p.a. for the usance
period (complete month or part thereof). In
case of sight bills / usance for less than 1 month,
minimum one month charges And

b) Commitment Charge : For the period of
liability (from the date of opening of credit to
the last date of its validity) @ 1.10% p.a. with
a minimum period of 1 month or part thereof.

liability (from the date of opening of credit to the
last date of its validity) @ 1.12% p.a. with a
minimum period of 1 month or part thereof.
2. Extension of
validity period
An extension may be allowed free of
commitment charge, if such extension does not
run to next month, otherwise a fresh charge of
1.10% p.a. for a minimum period of 1 month
with a min. of Rs.750/-.

3. Increase in
amount of
credit
Both usance and commitment charge on
additional amount at applicable rate with a
minimum charge of Rs.750/-.

4. Other
amendments
(other than by
way of
way of
extension of
validity period
or increase in
the value of
LC)
Flat commission of Rs.750/- Flat commission of Rs.764/-
5. Revolving LC
Same as per LC opening charges (usance +
Commitment) + on each reinstatement usance
charges 2.20% p.a. according to tenor and
commitment charge of 1.10% p.a. on
reinstated amount.

commitment charge of 1.10% p.a. on reinstated
amount.
Min. 750/-. Min. 750/-.
6.Advising of
LCs opened by
correspondent
Banks
Rs.735/- Rs.749/-
7. Advising of
amendments
Rs.490/- per amendment Rs.499/- per amendment
8. Confirmation
of LC
As applicable to LC opening charges. As applicable to LC opening charges.
9. Transfer
Charge
Rs.735/- per transfer. Rs.749/- per transfer.
10. Acceptance
Commission
On all LCs established by other banks calling
for usance drafts to be drawn on and accepted
by our Bank, an acceptance commission @
2.20% p.a. with a min. of Rs.750 shall be
charged.

On all LCs established by other banks calling for
usance drafts to be drawn on and accepted by
our Bank, an acceptance commission @ 2.20%
p.a. with a min. of Rs.750 shall be charged.

11.Bills
received under
LC
0.22% flat. 0.22% flat.
12. Negotiation
charges (in
addition to
interest from
d/o negotiation
to d/o
reimbursement)
For bills upto Rs.2.50 lacs 0.44% with a min.
Rs.750/-

Rs.764/-

For bills over Rs.2.50 lacs 0.28% with a min.
Rs.1500/- plus discount at applicable rate of
interest from the date of negotiation to the
date of reimbursement.

interest from the date of negotiation to the date
of reimbursement.

1.Negotiation charges and interest thereon are
to be collected for the LCs established by other
banks. In such case, collection charges should
not be levied.

not be levied.

2.In case of LCs established by our Bank
branches only collection charges are to be
collected and interest as per rating should be
collected for the usance period. In case of
sight documents interest for a maximum period
of 15 days should be collected subject to a
minimum of Rs.750/-.

collected for the usance period. In case of sight
documents interest for a maximum period of 15
days should be collected subject to a minimum of
Rs.764/-.
13. Guarantees
on account of
discrepancies in
documents
under LC
1. If payment received under reserve is
credited to beneficiarys account 0.25% with
a min. of Rs.750/-

1. If payment received under reserve is credited
to beneficiarys account 0.25% with a min. of
Rs.764/-

2. If payment received under reserve at the
request of the customer is not parted with no
charges.

charges.

When called upon to refund payment made to
them under reserve, Banks will pay to the
negotiating bank the face value of the bill
together with interest at the commercial rate
of the negotiating banks plus charges.
Interest / charges, if any, would be for
customer/s a/c.

together with interest at the commercial rate of
the negotiating banks plus charges. Interest /
charges, if any, would be for customer/s a/c.
14. LC secured
by 100% cash
margin / term
deposit
25% of normal charges in respect of LC
opening charges subject to a minimum of
Rs.750/-

25% of normal charges in respect of LC opening
charges subject to a minimum of Rs.764/-
15. Issuance of
certificate to
beneficiary
No charge for attestation of commercial
invoices at the time of negotiation / collection.
On subsequent occasions Rs.20.00 per
invoice, minimum Rs.50.00.

No charge for attestation of commercial invoices
at the time of negotiation / collection. On
subsequent occasions Rs.20.00 per invoice,
minimum Rs.51.00.
16. Clean
Payment
received under
LC.
Flat Charge of Rs.200/- to Beneficiarys
account.
Flat Charge of Rs.204/- to Beneficiarys account.
Annexure - 1
In case of prepayment of instalment(s), prepayment charges shall be levied
on the prepaid amount at the following rates.
Will effective from
1st April 2012
Will effective from
1st April 2012
Rates for
Prepayment
Charges
Remaining Period in
months
Term loan accounts with concessional
rate of interest (Rate 1)
Term loan accounts without any concessional
rate of interest(Rate 2)

1 0.0007 0.0003 0.00030561
2 0.0013 0.0006 0.00061122
3 0.0019 0.001 0.0010187
4 0.0026 0.0013 0.00132431
5 0.0032 0.0016 0.00162992
6 0.0038 0.0019 0.00193553
7 0.0044 0.0022 0.00224114
8 0.005 0.0025 0.00254675
9 0.0056 0.0028 0.00285236
10 0.0061 0.0031 0.00315797
11 0.0067 0.0033 0.00336171
12 0.0072 0.0036 0.00366732
13 0.0078 0.0039 0.00397293
14 0.0082 0.0041 0.00417667
15 0.0088 0.0044 0.00448228
16 0.0093 0.0046 0.00468602
17 0.0098 0.0049 0.00499163
18 0.0102 0.0051 0.00519537
19 0.0107 0.0053 0.00539911
20 0.0112 0.0056 0.00570472
21 0.0117 0.0058 0.00590846
22 0.0121 0.006 0.0061122
23 0.0126 0.0062 0.00631594
24 0.013 0.0065 0.00662155
25 0.0134 0.0067 0.00682529
26 0.0138 0.0069 0.00702903
27 0.0142 0.0071 0.00723277
28 0.0146 0.0073 0.00743651
29 0.015 0.0075 0.00764025
30 0.0154 0.0076 0.00774212
31 0.0158 0.0078 0.00794586
32 0.0161 0.008 0.0081496
33 0.0165 0.0082 0.00835334
34 0.0169 0.0084 0.00855708
35 0.0172 0.0085 0.00865895
36 0.0176 0.0087 0.00886269
37 0.0179 0.0089 0.00906643
38 0.0182 0.009 0.0091683
39 0.0185 0.0092 0.00937204
40 0.0188 0.0093 0.00947391
41 0.0191 0.0095 0.00967765
42 0.0194 0.0096 0.00977952
43 0.0197 0.0098 0.00998326
44 0.02 0.0099 0.01008513
45 0.0203 0.01 0.010187
46 0.0205 0.0102 0.01039074
47 0.0208 0.0103 0.01049261
48 0.0211 0.0104 0.01059448
49 0.0213 0.0106 0.01079822
50 0.0216 0.0107 0.01090009
51 0.0218 0.0108 0.01100196
52 0.022 0.0109 0.01110383
53 0.0223 0.011 0.0112057
54 0.0225 0.0111 0.01130757
55 0.0227 0.0112 0.01140944
56 0.0229 0.0113 0.01151131
57 0.0231 0.0114 0.01161318
58 0.0234 0.0115 0.01171505
59 0.0235 0.0116 0.01181692
60 0.0237 0.0117 0.01191879
61 0.0239 0.0118 0.01202066
62 0.0241 0.0119 0.01212253
63 0.0241 0.0119 0.01212253
64 0.0244 0.0121 0.01232627
65 0.0246 0.0121 0.01232627
66 0.0248 0.0122 0.01242814
67 0.0249 0.0123 0.01253001
68 0.0251 0.0124 0.01263188
69 0.0252 0.0124 0.01263188
70 0.0254 0.0125 0.01273375
71 0.0255 0.0126 0.01283562
72 0.0257 0.0126 0.01283562
73 0.0258 0.0127 0.01293749
74 0.0259 0.0127 0.01293749
75 0.026 0.0128 0.01303936
76 0.0261 0.0129 0.01314123
77 0.0263 0.0129 0.01314123
78 0.0264 0.013 0.0132431
79 0.0265 0.013 0.0132431
80 0.0266 0.0131 0.01334497
81 0.0267 0.0131 0.01334497
82 0.0268 0.0132 0.01344684
83 0.0269 0.0132 0.01344684
84 0.027 0.0132 0.01344684
85 0.0271 0.0133 0.01354871
86 0.0271 0.0133 0.01354871
87 0.0272 0.0134 0.01365058
88 0.0273 0.0134 0.01365058
89 0.0273 0.0134 0.01365058
90 0.0274 0.0134 0.01365058
91 0.0275 0.0135 0.01375245
92 0.0275 0.0135 0.01375245
93 0.0276 0.0135 0.01375245
94 0.0277 0.0136 0.01385432
95 0.0277 0.0136 0.01385432
96 0.0278 0.0136 0.01385432
97 0.0278 0.0136 0.01385432
98 0.0278 0.0136 0.01385432
99 0.0279 0.0137 0.01395619
100 0.0279 0.0137 0.01395619
101 0.028 0.0137 0.01395619
102 0.028 0.0137 0.01395619
103 0.028 0.0137 0.01395619
104 0.0281 0.0137 0.01395619
105 0.0281 0.0137 0.01395619
106 0.0281 0.0137 0.01395619
106 0.0281 0.0137 0.01395619
107 0.0281 0.0137 0.01395619
108 0.0281 0.0138 0.01405806
109 0.0282 0.0138 0.01405806
110 0.0281 0.0138 0.01405806
111 0.0282 0.0138 0.01405806
112 0.0282 0.0138 0.01405806
113 0.0282 0.0138 0.01405806
114 0.0282 0.0138 0.01405806
115 0.0282 0.0138 0.01405806
116 0.0282 0.0138 0.01405806
117 0.0282 0.0137 0.01395619
118 0.0282 0.0137 0.01395619
119 0.0282 0.0137 0.01395619
120 0.0282 0.0137 0.01395619

PART-III
GUARANTEE & LETTER OF CREDIT
Service Charges in Rs. (Incl. of all taxes)
A) Charges for Guarantee
1.Commission on issuance of Guarantee (Period including claim period) Proposed
Particulars
Effective from

1st May,2009
(i) Performance Guarantee Rs.170 + 2.20% p.a. (Min. 170 +1.10% charges for 2 quarters)
Rs.170 + 2.20% p.a.
(Min. 170 +1.10%
(ii) Other Guarantees (Including issuance of letter of comfort for
buyers credit
Rs.170 + 3.30% p.a. (Min. 170 + 1.65% charges for 2 quarters)
Rs.170 + 3.30% p.a.
(Min. 170 + 1.65%
Note :

a) Charges are to be recovered upfront for the full period including the claim period unless otherwise sanctioned by the competent authority.
b) Guarantee for the period beyond six months would attract commission, reckoning the part period of guarantee beyond 6 months in terms
of completed quarters. (For a performance guarantee issued for 16 months, guarantee commission for 1 year should be levied @ Rs.170
+2.20 p.a. and for the remaining 4 months commission should be levied @ 0.55% per quarter for 2 quarters by reckoning 4 months as two
quarters.)
c) Additional commission at applicable rate will be levied on the extended period of guarantee due to restraint imposed by court order.
2. Refund of guarantee
commission
No refund if the purpose for which the guarantee was issued is served and the original guarantee is returned
for cancellation before the expiry date. If the purpose for which guarantee was issued is not served, 50%
of original rate for the unexpired period less 1 quarter will be refunded. (Guarantee with an unexpired period
of 10 months is tendered for cancellation, refund will be calculated for 7 months @ 50% of original
commission.)

3. Renewal / Extension of
Guarantee
Same charges as applicable for issuance of fresh guarantee. However, for the claim period, no charge to be
levied if the renewal is effected before the expiry date of the original guarantee.

4. Guarantees secured by
100% term deposit
including third party
deposits of our Bank
Rs.170 + 25% of normal commission
If the B.G is secured by 100% CASA deposit full comission shall be waived

B) Charges for Inland Letter of Credit
Particulars
Effective from

1st May,2009
1. LC Opening Charges
Following charges with a min. of Rs.750/-
should be levied
Following charges with a min. of Rs.750/- should be levied
a) Usance Charge : 2.20% p.a. for the
usance period (complete month or part
thereof). In case of sight bills / usance for less
than 1 month, minimum one month charges
And
a) Usance Charge : 2.20% p.a. for the usance period (complete month or part
thereof). In case of sight bills / usance for less than 1 month, minimum one month
charges And
liability (from the date of opening of credit to
the last date of its validity) @ 1.10% p.a. with
a minimum period of 1 month or part thereof.
b) Commitment Charge : For the period of liability (from the date of opening of
credit to the last date of its validity) @ 1.10% p.a. with a minimum period of 1
month or part thereof.
2. Extension of validity period
An extension may be allowed free of commitment charge, if such extension does
not run to next month, otherwise a fresh charge of 1.10% p.a. for a minimum
period of 1 month with a min. of Rs.750/-.
3. Increase in amount of credit
Both usance and commitment charge on additional amount at applicable rate with a
4. Other amendments (other
than by way of extension of
validity period or increase in the
value of LC)
Flat commission of Rs.750/- Flat commission of Rs.750/-
5. Revolving LC
commitment charge of 1.10% p.a. on
reinstated amount.
Same as per LC opening charges (usance + Commitment) + on each reinstatement
usance charges 2.20% p.a. according to tenor and commitment charge of 1.10%
p.a. on reinstated amount.
Min. 750/-. Min. 750/-.
6.Advising of LCs opened by
correspondent Banks
Rs.735/- Rs.735/-
7. Advising of amendments Rs.490/- per amendment Rs.490/- per amendment
8. Confirmation of LC As applicable to LC opening charges. As applicable to LC opening charges.
9. Transfer Charge Rs.735/- per transfer. Rs.735/- per transfer.
10. Acceptance Commission
On all LCs established by other banks calling
for usance drafts to be drawn on and accepted
by our Bank, an acceptance commission @
2.20% p.a. with a min. of Rs.750 shall be
charged.
On all LCs established by other banks calling for usance drafts to be drawn on and
accepted by our Bank, an acceptance commission @ 2.20% p.a. with a min. of
Rs.750 shall be charged.
11.Bills received under LC 0.22% flat. 0.22% flat.
12. Negotiation charges (in
addition to interest from d/o
negotiation to d/o
reimbursement)
Rs.750/-
For bills upto Rs.2.50 lacs 0.44% with a min. Rs.750/-
interest from the date of negotiation to the
date of reimbursement.
For bills over Rs.2.50 lacs 0.28% with a min. Rs.1500/- plus discount at
applicable rate of interest from the date of negotiation to the date of
reimbursement.
not be levied.
1.Negotiation charges and interest thereon are to be collected for the LCs
established by other banks. In such case, collection charges should not be levied.

collected for the usance period. In case of
sight documents interest for a maximum period
of 15 days should be collected subject to a
2.In case of LCs established by our Bank branches only collection charges are to be
collected and interest as per rating should be collected for the usance period. In
case of sight documents interest for a maximum period of 15 days should be
collected subject to a minimum of Rs.750/-.
13. Guarantees on account of
discrepancies in documents
under LC
1. If payment received under reserve is
credited to beneficiarys account 0.25% with
a min. of Rs.750/-
1. If payment received under reserve is credited to beneficiarys account 0.25%
with a min. of Rs.750/-
charges.
2. If payment received under reserve at the request of the customer is not parted
with no charges.
together with interest at the commercial rate
of the negotiating banks plus charges.
Interest / charges, if any, would be for
customer/s a/c.
When called upon to refund payment made to them under reserve, Banks will pay
to the negotiating bank the face value of the bill together with interest at the
commercial rate of the negotiating banks plus charges. Interest / charges, if any,
would be for customer/s a/c.
14. LC secured by 100% cash
margin / term deposit
25% of normal charges in respect of LC
opening charges subject to a minimum of
Rs.750/-
25% of normal charges in respect of LC opening charges subject to a minimum of
Rs.750/-
15. Issuance of certificate to
beneficiary
No charge for attestation of commercial
invoices at the time of negotiation / collection.
On subsequent occasions Rs.20.00 per
invoice, minimum Rs.50.00.
No charge for attestation of commercial invoices at the time of negotiation /
collection. On subsequent occasions Rs.20.00 per invoice, minimum Rs.50.00.
16. Clean Payment received
under LC.
Flat Charge of Rs.200/- to Beneficiarys
account.
Flat Charge of Rs.200/- to Beneficiarys account.

Annexure - 1
In case of prepayment of instalment(s), prepayment charges shall be levied on the prepaid amount at the following rates.
Rates for Prepayment Charges
Remaining Period in months Term loan accounts with concessional rate of interest (Rate 1) Term loan accounts without any concessional rate of interest(Rate 2)
1 0.07% 0.03%
2 0.13% 0.06%
3 0.19% 0.10%
4 0.26% 0.13%
5 0.32% 0.16%
6 0.38% 0.19%
7 0.44% 0.22%
8 0.50% 0.25%
9 0.56% 0.28%
10 0.61% 0.31%
11 0.67% 0.33%
12 0.72% 0.36%
13 0.78% 0.39%
14 0.82% 0.41%
15 0.88% 0.44%
16 0.93% 0.46%
17 0.98% 0.49%
18 1.02% 0.51%
19 1.07% 0.53%
20 1.12% 0.56%
21 1.17% 0.58%
22 1.21% 0.60%
23 1.26% 0.62%
24 1.30% 0.65%
25 1.34% 0.67%
26 1.38% 0.69%
27 1.42% 0.71%
28 1.46% 0.73%
29 1.50% 0.75%
30 1.54% 0.76%
31 1.58% 0.78%
32 1.61% 0.80%
33 1.65% 0.82%
34 1.69% 0.84%
35 1.72% 0.85%
36 1.76% 0.87%
37 1.79% 0.89%
38 1.82% 0.90%
39 1.85% 0.92%
40 1.88% 0.93%
41 1.91% 0.95%
42 1.94% 0.96%
43 1.97% 0.98%
44 2.00% 0.99%
45 2.03% 1.00%
46 2.05% 1.02%
47 2.08% 1.03%
48 2.11% 1.04%
49 2.13% 1.06%
50 2.16% 1.07%
51 2.18% 1.08%
52 2.20% 1.09%
53 2.23% 1.10%
54 2.25% 1.11%
55 2.27% 1.12%
56 2.29% 1.13%
57 2.31% 1.14%
58 2.34% 1.15%
59 2.35% 1.16%
60 2.37% 1.17%
61 2.39% 1.18%
62 2.41% 1.19%
63 2.41% 1.19%
64 2.44% 1.21%
65 2.46% 1.21%
66 2.48% 1.22%
67 2.49% 1.23%
68 2.51% 1.24%
69 2.52% 1.24%
70 2.54% 1.25%
71 2.55% 1.26%
72 2.57% 1.26%
73 2.58% 1.27%
74 2.59% 1.27%
75 2.60% 1.28%
76 2.61% 1.29%
77 2.63% 1.29%
78 2.64% 1.30%
79 2.65% 1.30%
80 2.66% 1.31%
81 2.67% 1.31%
82 2.68% 1.32%
83 2.69% 1.32%
84 2.70% 1.32%
85 2.71% 1.33%
86 2.71% 1.33%
87 2.72% 1.34%
88 2.73% 1.34%
89 2.73% 1.34%
90 2.74% 1.34%
91 2.75% 1.35%
92 2.75% 1.35%
93 2.76% 1.35%
94 2.77% 1.36%
95 2.77% 1.36%
96 2.78% 1.36%
97 2.78% 1.36%
98 2.78% 1.36%
99 2.79% 1.37%
100 2.79% 1.37%
101 2.80% 1.37%
102 2.80% 1.37%
103 2.80% 1.37%
104 2.81% 1.37%
105 2.81% 1.37%
106 2.81% 1.37%
107 2.81% 1.37%
108 2.81% 1.38%
109 2.82% 1.38%
110 2.81% 1.38%
111 2.82% 1.38%
112 2.82% 1.38%
113 2.82% 1.38%
114 2.82% 1.38%
115 2.82% 1.38%
116 2.82% 1.38%
117 2.82% 1.37%
118 2.82% 1.37%
119 2.82% 1.37%
120 2.82% 1.37%
PART - IV
Schedule of Revised Service Charges on External Trade/Forex Business
(Inclusive of all taxes)
Will effective from 1st April 2012 Will effective from 1st April 2012
Description Pre Tax Hike Post Tax Hike
EXPORTS
Foreign Currency Credit (PCFC/EBR)
0.185% per month or part thereof (On Rupee
equivalent amount to be recovered in Rupees.)
Branch should realize actual out of pocket expenses'
incurred subject to minimum of
Rs. 1000.00
0.188% per month or part thereof (On Rupee
equivalent amount to be recovered in Rupees.)
Branch should realize actual out of pocket expenses'
incurred subject to minimum of Rs. 1019.00

GM (T & IW), GM (FC) and GM (MC) will review it from
time to time and decide about revisions, if any required.
GM (T & IW), GM (FC) and GM (MC) will review it from
time to time and decide about revisions, if any required.
For each foreign currency & rupee bill Purchased/
Negotiated
0.15%, subject to
Minimum Rs.500/-
and Maximum
Rs.6000/-
0.15%, subject to
Minimum Rs.509/-
and Maximum
Rs.6112/-

Concerned sanctioning autthorities, in deserving cases,
may reduce the maximum charges to
Rs. 4,000/- the reason for allowing the concessions are
to
be duly recorded.
Concerned sanctioning autthorities, in deserving cases,
may reduce the maximum charges to
Rs. 4,075/- the reason for allowing the concessions are
to
be duly recorded.
Forwarding export document to another AD to
whom LC is restricted/LC is confirmed by the
latter.
0.140%;subject to Minimum Rs.370/- and Maximum Rs.
5500/-
0.143%;subject to Minimum Rs.377/- and Maximum Rs.
5603/-

[Zonal Managers, in deserving cases, may reduce the
maximum charges to Rs.3,370/-, the reasons for
allowing the concession are to be duly recorded]
[Zonal Managers, in deserving cases, may reduce the
maximum charges to Rs.3,370/-, the reasons for
allowing the concession are to be duly recorded]
Reimbursement charges under LC Negotiated up-
to
Rs. 5 lacs
Rs. 850/- Rs. 866/-
Rs. 5 lacs
Over Rs. 5 lacs
Rs.1125/- Rs.1146/-
Joining in customer guarantees/ indemnities on
behalf of customers to other banks in India in
respect of discrepancies in documents negotiated
under credit.
0.10 % Minimum Rs.300/- 0.10 % Minimum Rs.306/-
In case of overdue export bills purchased /
discounted/ negotiated where proceeds are not
received in nostro account on or before the due
date.

Negotiated upto Rs. 2 lacs - Rs.350/- per quarter or part thereof per bill. Rs.356/- per quarter or part thereof per bill.

Over Rs.2 lacs - Rs.675/- per quarter or part thereof per bill. Rs.688/- per quarter or part thereof per bill.

EXPORT BILL FOR COLLECTION
Export Collection Bills sent through us 0.10% (Minimum Rs.575/-, Maximum Rs.5,600/-) 0.10% (Minimum Rs.586/-, Maximum Rs.5,705/-)
Where permitted by RBI, when the entire set of
export documents have been sent by the exporter
directly to the overseas buyer
0.10% (Minimum Rs.575/-, Maximum Rs.5,600/-) 0.10% (Minimum Rs.586/-, Maximum Rs.5,705/-)
In case of overdue bills sent on collection where
the proceeds are not received in India on or
before the due date, additional commission shall
be charged as :

Upto 2 lacs Rs. 300/- per quarter or part thereof per bill Rs. 306/- per quarter or part thereof per bill
Over Rs. 2 lacs
0.125% per quarter or part thereof per bill (Maximum
Rs.575/- per quarter or part thereof per bill)
0.127% per quarter or part thereof per bill (Maximum
Rs.586/- per quarter or part thereof per bill)
(Not applicable in case of bills drawn on countries
with externalisation problems but paid in local
currency and the exporter has obtained necessary
approval from Reserve Bank of India for
extension)

Where bank charges are to be recovered from the
drawee but are refused by them.
Such charges are to be recovered from drawer. Such charges are to be recovered from drawer.
COMMISSION IN LIEU OF EXCHANGE
Where preshipment advance has been granted by
an Authorised Dealer against a letter of
credit/export order but the documents under the
relative letter of credit/export order are
negotiated through another bank.
0.10%
(Minimum Rs. 350/-)
0.10%
(Minimum Rs. 357/-)
Where the proceeds of an export bill negotiated
by an authorized dealer are paid in foreign
currencies to another Authorized dealer.
0.17%
(Minimum Rs 575/-)
0.17%
(Minimum Rs 586/-)
Where an export bill sent for collection abroad by
one authorised dealer but the payment is received
in Rupees through another authorised dealer in
India.
0.17%
(Minimum Rs 575/-)
0.17%
(Minimum Rs 586/-)
Where an export bill is negotiated/ purchased/sent
for collection and the proceeds thereof are
credited to foreign currency (EEFC) account in
part or in full, on the foreign currency amount
credited to EEFC account.
0.17%
(If money is kept with us, no charges will be levied.)
0.17%
(If money is kept with us, no charges will be levied.)
Any export bill on which no exchange benefit
accrues to the Bank including cases where
contract is booked with another AD.
0.17%
(Minimum Rs 575/-)
0.17%
(Minimum Rs 586/-)

Deemed export bills in foreign currency as defined
by Reserve Bank of India/Exim Policy from time to
0.17%
(Minimum Rs 575/-)
0.17%
(Minimum Rs 586/-)
time.

Advising Letters of Credit Rs.575/- for customers Rs.586/- for customers
Rs.1100/- for non customers Rs.1121/- for non customers
Advising Amendment Rs. 350/- Rs. 357/-
for non customers Rs. 575/- for non customers Rs. 586/-

Confirmation charges
Commitment Charges 0.19% for every quarter or part thereof 0.19% for every quarter or part thereof
Usance charges
0.17% per month or part thereof for bills upto one
month
0.17% per month or part thereof for bills upto one
month

0.28% for bills more than one month and upto three
months
0.28% for bills more than one month and upto three
months

0.35% for first three months + 0.10% per month in
excess of three months for bills over three months.
0.35% for first three months + 0.10% per month in
excess of three months for bills over three months.

For individual transaction above Rs. 3 crores, charges
will be 1/4th of the normal charges on the incremental
amount above Rs 3 crores.
For individual transaction above Rs. 3 crores, charges
will be 1/4th of the normal charges on the incremental
amount above Rs 3 crores.

(25% concession may be given to customers rated A &
above for amount upto Rs 3 Crores)
(25% concession may be given to customers rated A &
above for amount upto Rs 3 Crores)
Transfer of LC Rs. 575/-for each transfer and Rs. 586/-for each transfer and
Rs. 350/- for each amendment Rs. 357/- for each amendment
Acceptance commission for accepting drafts drawn
on and accepted by the Banks in India
0.17% p.m. 0.17% p.m.
Issuance of Certificate / Attestation in respect of
Export transaction.
RS. 250/- each RS. 255/- each
IMPORT
Opening of LC including Stand by LC
Commitment Charges 0.17% for every quarter or part thereof 0.17% for every quarter or part thereof
Usance charges 0.20%(Minimum Rs.500/-) For bills upto 10 days sight 0.20%(Minimum Rs.509/-) For bills upto 10 days sight

0.40% for bills over
10 days and up to
3 months sight
0.41% for bills over
10 days and up to
3 months sight

0.40% for the first three months plus 0.1% for month in
excess of three months for bills over 3 months sight
0.41% for the first three months plus 0.1% for month in
excess of three months for bills over 3 months sight

For individual transaction over Rs.3 crore charges will be
at 1/4th of the normal rate as specified above on the
incremental amount above Rs. 3 crore.
For individual transaction over Rs.3 crore charges will be
at 1/4th of the normal rate as specified above on the
incremental amount above Rs. 3 crore.

(25% of concession
may be given to the customers rated 'A' & above for
amount upto Rs. 3 crores)
In case of L/C established against 100% cash/FDR as
security ,charges will be 25 % of the normal charge.
(25% of concession
may be given to the customers rated 'A' & above for
amount upto Rs. 3 crores)
In case of L/C established against 100% cash/FDR as
security ,charges will be 25 % of the normal charge.
For the purpose of levying commitment and
usance charges the total amount committed
inclusive of interest amount and tolerance level
shall be reckoned

NOTE :- For Sight LC only commitment charge is to
be taken, but for Usance LC both commitment and
usance charges are to be taken.

Bills not covered by LC payments
which will be setteled out of currency
Loans arranged abroad or foreign currency
accounts(EEFC)
0.20% Minimum
Rs. 1000/-
0.20% Minimum
Rs. 1019/-
accounts(EEFC)
Amendment to LC
Extension of validity of LC within 3 months period
for which the commitment charge has already
been collected.
Rs 575/- Rs 586/-
Amendment extending the validity of the LC
beyond a 3 month period
Fresh commitment charge at the applicable rate per
quarter or part thereof shall be recovered subject to a
minimum of Rs. 575/-
Fresh commitment charge at the applicable rate per
quarter or part thereof shall be recovered subject to a
minimum of Rs. 586/-
Amendment of value of LC
Both commitment and usance charges are to be
recovered for the additional amount.
Both commitment and usance charges are to be
recovered for the additional amount.
Amendment for altering tenor of the bill
Additional usance charges to be collected as appropriate
on the outstanding liability.
Additional usance charges to be collected as appropriate
on the outstanding liability.
Amendment to a LC other than extension of its
validity or enhancement of its value
Rs. 300/- Rs. 306/-
Revival of expired LC within 3 months from the
date of expiry.
Usance charges + commitment charge from the date of
original expiry upto the new validity period of the
revived LC.
Usance charges + commitment charge from the date of
original expiry upto the new validity period of the
revived LC.
Stand by letter of credit As per LC Charges As per LC Charges
REVOLVING LETTER OF CREDIT
Commitment charges
0.17% for every period of 3 months or part thereof on
the maximum amount of permissible drawings from the
date of establishment of LC to the last date of validity,
subject to a minimum of Rs. 350/-.
0.17% for every period of 3 months or part thereof on
the maximum amount of permissible drawings from the
date of establishment of LC to the last date of validity,
subject to a minimum of Rs. 357/-.
Usance charge 0.10% per month or part there of (Minimum Rs 280/-) 0.10% per month or part there of (Minimum Rs 285/-)
For individual transaction over Rs. 3 crores,
charges will be at 1/4th of the normal rate as
specified above on the incremental amount above
Rs. 3 crores.

NOTE :- For Sight LC only commitment charge is to
be taken, but for Usance LC both commitment and
usance charges are to be taken.

(25% concession may be given to customers rated
A & above for amount upto Rs 3 Crores)

In case of L/C established against 100% cash
Deposit as security charges will be 25% of normal
charge

Reinstatement charges
On each amount reinstated (from the date of the
reinstatement to the date of subsequent reinstatement
or the last date of validity as the case may be),
commitment and usance charges as above are to be
recovered.
On each amount reinstated (from the date of the
reinstatement to the date of subsequent reinstatement
or the last date of validity as the case may be),
commitment and usance charges as above are to be
recovered.
DEFERRED IMPORTS
LCs covering deferred import of goods 0.50 % per quarter or part thereof 0.50 % per quarter or part thereof
[Where LC amount exceeds Rs. 3 crores [Where LC amount exceeds Rs. 3 crores
- On the first Rs 3 crores, - On the first Rs 3 crores,

normal rate as above and for amount above Rs. 3
crores 25% of the normal rate]
normal rate as above and for amount above Rs. 3
crores 25% of the normal rate]
The competent authority at the time of sanction
will stipulate whether the commission is to be
recovered upfront or in specified instalments.

Extending validity within 3 months for which
commission is already taken where validity period
falls beyond 3 months.
Amendment commission of Rs. 500/- For any
amendment extending the validity of the Letter of credit
beyond 3 months period, commission at the applicable
rate shall be recovered.
Amendment commission of Rs. 509/- For any
amendment extending the validity of the Letter of credit
beyond 3 months period, commission at the applicable
rate shall be recovered.
Commission on Import Bills under LCs: 0.15% 0.15%
Foreign currency bill at the time of crystallization
or retirement, whichever is earlier.
[If the bill amount exceeds Rs. 3 crores, normal charges
upto Rs. 3 crores and 40% of the normal charges for
[If the bill amount exceeds Rs. 3 crores, normal charges
or retirement, whichever is earlier.
the amount in excess of Rs 3 crores.]
the amount in excess of Rs 3 crores.]
Import bill received under LC on which no
exchange benefit accrues to the opening bank
including cases where contract is booked with
another AD.
0.17% (Minimum Rs. 840/-) 0.17% (Minimum Rs. 856/-)
If the bill is not retired within 10 days from the
date of receipt of bills in case of demand bill and
on the due date in case of usance bill.
Additional 0.17% Additional 0.17%
Charge in respect of discrepant document
received under LC
USD 50/- USD 51/-
Rupee Bill 0.28% with a minimum of Rs 850/- 0.28% with a minimum of Rs 866/-

[Where the bill amount exceeds Rs. 3 crores. Normal
charges upto Rs. 3 crores and 40% of Normal Charge
for the amount exceeds Rs. 3 crores.]

Commission on Import bills (not under LC)
On each bill drawn in Foreign currency, on which
the collecting bank earns exchange benefit.
0.28% ( minimum of Rs 850/- and maximum Rs.56200) 0.28% ( minimum of Rs 866/- and maximum Rs.57251)
[For the bill amount exceeding Rs 3 crores, normal
charges upto Rs 3 crores and 40% of the normal
charges for the amount in excess of Rs. 3 crores]

On Rupee import bills and in each bill drawn in
foreign currency on which no exchange margin is
earned.
0.45% with a minimum of Rs. 850/- maximum Rs
78,600/-.
0.45% with a minimum of Rs. 866/- maximum Rs
80070/-.
[For the bill amount exceeding Rs 3 crores, normal
charges upto Rs 3 crores and 40% of the normal
charges for the amount in excess of Rs. 3 crores]

Any other type of Import bill on which no
exchange benefit accrues to the Bank including
cases where contract is booked with another AD.
On collection bills document covering project
imports under inter-governmental aid nature
(including those financed by international agencies
like World Bank, IMF, ADB etc.) where no LC is
opened.
0.03125% 0.03183%
Import bills directly received by the importer
0.05% subject to minimum of Rs. 140 and maximum of
Rs. 11225/-.
0.05% subject to minimum of Rs. 143 and maximum of
Rs. 11435/-.
Countersigning/co-acceptance of import bill for
counter signing, co-acceptance or validation of
approved bills of exchange.
0.10% p.m. with a minimum of 0.28%. 0.10% p.m. with a minimum of 0.28%.
[Where the bill amount exceeds Rs 3 crores,
normal rate upto Rs 3 crores and 40% of the
normal rate for the amount in excess of Rs. 3
crores.]

COMMISSION IN LIEU OF EXCHANGE
In respect of LCs established, payments of which
are settled out of foreign currency loans arrange
abroad or Foreign Currency accounts (EEFC)
Bills not covered by LC payments which will be
settled out of Foreign currency loans arranged
abroad or Foreign currency account (EEFC)
0.20% Minimum Rs.1000/- 0.20% Minimum Rs.1019/-
MISCELLENEOUS
Request for bills proceed to be remitted in a
currency other than currency of the bills
NA NA
Custody charges for overdue bills
Rs500/- per quarter
or part thereof
Rs509/- per quarter
or part thereof
MERCHANTING TRADE
If foreign currency remittances are received in
advance from the overseas buyer and the foreign
Comm. @0.20%
on each transaction
Bank shll not pay intt.
Comm. @0.20%
on each transaction
advance from the overseas buyer and the foreign
currency funds are held in Nostro Accounts at the
specific request of the merchant trade customer.
On such advance remittance
or not grant Rupee advance
gainst foreign currency funds
thus received
On such advance remittance
or not grant Rupee advance
gainst foreign currency funds
thus received
INWARD REMITTANCES
Encashment of TT/MT/DD, cover of which has
been received.
Current TT buying rate (no additional exchange margin
or interest to be charged)

Commission:-

Rs.100/- for inward remittance upto Rs.100,000/- and
Rs.200/- for above Rs.100,000/-. (But if proceeds are
to be credited to the deposit account with us, the
commission will be waived.)
Encashment of TT /MT/DD, cover of which has not
been received
TT buying rate plus exchange margin of 0.125%

Interest shall be recovered separately from the
customer at domestic commercial rate for the period of
15 days.

Commission:-

Rs.200/- for above Rs.100,000/-.
Rs.204/- for above Rs.100,000/-.

(But if proceeds are to be credited to the deposit
account with us, the commission will be waived.)
(But if proceeds are to be credited to the deposit
account with us, the commission will be waived.)
Customer personal cheque IMO/PO payable
abroad
TT buying rate plus exchange margin of 0.125%. TT buying rate plus exchange margin of 0.125%.

15 days.
15 days.
Commission:-

CLEAN PAYMENT
Effected under the instruction of Foreign
Correspondent where exchange benefit accrues
to us.
Commission:-

Where inward remittances has to be effected in
foreign currency by using DD/PO/TT
0.10% minimum Rs. 200/- and maximum Rs. 5600/- 0.10% minimum Rs. 204/- and maximum Rs. 5705/-
CLEAN INSTRUMENT
Clean instrument sent for collection on all clean
instrument sent abroad
0.17% minimum Rs. 200/- and maximum Rs. 5600/- 0.17% minimum Rs. 204/- and maximum Rs. 5705/-
CERTIFICATE
For inward transactions Rs. 225/- Rs. 229/-
For clean remittances
For encashment of T/Cheques
Currency Notes
OUTWARD REMITTANCES
Commission for all remittances
other than import
Up to Rs. 10000 - Rs. 100
Above Rs. 10000 upto Rs. 1 lac.- Rs. 200
Above Rs. 1 Lac @ 0.15% with a minimum of Rs. 600
Up to Rs. 10000 - Rs. 102
Above Rs. 10000 upto Rs. 1 lac.- Rs. 204
Above Rs. 1 Lac @ 0.15% with a minimum of Rs. 611
(Where no exchange benefit accrues to the Bank
another AD, additional charge @ 0.10% with a
minimum of Rs. 560/-.)

ISSUE OF FOREIGN CURRENCY TRAVELLERS
CHQUES AND CURRENCY NOTES

Commission on rupee equivalent 0.75% 0.76%
Commission on foreign currency travellers cheques
issued against foreign currency remittance
received from abroad/ debited to EEFC a/c.
0.25% 0.25%
EEFC ACCOUNTS (commission in lieu of exchange) Existing Charges Existing Charges
Where an outward remittance is effected 0.10% with max. of USD 50/- or its rupee equiv. 0.10% with max. of USD 50/- or its rupee equiv.
Where the proceeds is credited in EEFC
0.10% (If money is kept with us, no charges will be
levied.)
0.10% (If money is kept with us, no charges will be
levied.)
GUARANTEES
The following concessions may be given in case of
issuance of guarantee specified below:

1. If the amount of guarantee is more than Rs 2
crores, normal charges upto Rs. 2 crores and 50%
of the normal charges for the amount exceeding
Rs. 2 crores.

2. In case of guarantees (other than issued for
project exports) issued against 100% cash
deposit, 25% of the normal charges.

3. In case of guarantees (other than issued for
project exports) if issued against 100% counter
guarantee of Govt. of India and guarantees
issued on behalf of Central/State Govt. and
corporation /Institutions/companies wholly owned
by them, charges may be decided on case to case
basis by a committee comprising of General
Manager International and General Manager
Credit.

4. In case of guarantee backed by counter
guarantee of reputed International bank 25% of
the normal charges.

5. The charges shall be collected on the specified
period of liability of the guarantee. The specified
period of liability shall mean the actual validity
period for the guarantee plus the additional period
during which claim can be made on the Bank under
the guarantee.

Guarantee in favour of shipping companies/
agencies for clearance of goods pending
production of bill of lading.

A) Relating to imports under LCs opened by us. Rs.250/- Rs.255/-
EXPORT GUARANTEES FOR PROJECT EXPORTS
a) Bid bond
In case of guarantees covered by ECGC counter
guarantees, Bank will collect commission as well as ECGC
premium at applicable rates and remit collected premium
to ECGC.

a) ECGC COVER 75% 90 % a) ECGC COVER 75% 90 %
b) ECGC PREMIUM Actuals Actuals b) ECGC PREMIUM Actuals Actuals
c) BANKS COMMISSION 0.75% 0.60% c) BANKS COMMISSION 0.75% 0.60%
b) Bonds for earnest money d) TOTAL COMMISSION (b)+(c) (b)+(c) d) TOTAL COMMISSION (b)+(c) (b)+(c)
c) Guarantee for advance payment made by
foreign buyers to Indian exporters/ contractors
In case of guarantees issued against 100% counter
guarantees of the government of India, commission
shall be charged @ 0.40% p.a.
In case of guarantees issued against 100% counter
guarantees of the government of India, commission
shall be charged @ 0.41% p.a.

In case of guarantees issued against cash deposits to
the extent of Banks liabilities, commission shall be
In case of guarantees issued against cash deposits to

charged @ 0.30% p.a.
minimum Rs. 1000/-
charged @ 0.31% p.a.
minimum Rs. 1019/-

In case of guarantees which are not covered by cash
deposits or ECGC/GOVT OF INDIA counter guarantees,
commission shall be charged @1.20% p.a. subject to
minimum Rs. 1000
In case of guarantees which are not covered by cash
deposits or ECGC/GOVT OF INDIA counter guarantees,
commission shall be charged @1.22% p.a. subject to
minimum Rs. 1019

Commission for issuing bid bonds for supplies to projects
carried out abroad shall be recovered to the extent of
25% thereof for the full period of validity of the bonds
at the time of issue. If the bid materializes, the balance
75% of the commission shall be recovered. However, if
the bid gets frustrated, there will be no refund of that
part of the commission collected.
Commission for issuing bid bonds for supplies to projects
carried out abroad shall be recovered to the extent of
25% thereof for the full period of validity of the bonds
at the time of issue. If the bid materializes, the balance
75% of the commission shall be recovered. However, if
the bid gets frustrated, there will be no refund of that
part of the commission collected.
Export performance guarantees bid bond etc.
(other than project export) and export
performance guarantees covering export
obligations in terms of import credit Control
Regulation and export performance guarantees/
Bid Bonds connected Deemed Export.
0.10% per month for the specified period of liability.
(Min Rs 1000/-)
0.10% per month for the specified period of liability.
(Min Rs 1019/-)

Where the guarantee period is less than three months,
commission recoverable will be 0.30% of the
guaranteed amount. In case of early redemption of the
guarantee, a minimum of 50% of the commission for the
unexpired period i.e. from the date of redemption to the
expiry date, shall be refunded.
Where the guarantee period is less than three months,
commission recoverable will be 0.30% of the
guaranteed amount. In case of early redemption of the
guarantee, a minimum of 50% of the commission for the
unexpired period i.e. from the date of redemption to the
expiry date, shall be refunded.

Commission for issuing bid bonds for supplies connected
with deemed exports/direct exports, exports other than
project exports shall be recovered to the extent of 25%
thereof for the full period of validity of the bonds at the
time of issue. If the bid materialises, the balance 75%
of the commission shall be recovered. However, if the
bid gets frustrated there will not be refund of that part
of the commission collected.
Commission for issuing bid bonds for supplies connected
with deemed exports/direct exports, exports other than
project exports shall be recovered to the extent of 25%
thereof for the full period of validity of the bonds at the
time of issue. If the bid materialises, the balance 75%
of the commission shall be recovered. However, if the
bid gets frustrated there will not be refund of that part
of the commission collected.
Deferred payment guarantee covering imports of
goods into India/ repayment of foreign currency
loan.
0.50% per quarter or part thereof for the specified
period of liability, calculated on the amount of liability
under such guarantees at the beginning of every
quarter
0.50% per quarter or part thereof for the specified
period of liability, calculated on the amount of liability
under such guarantees at the beginning of every
quarter

The competent authority at the time of sanction will
stipulate whether the commission is to be recovered
upfront or in specified instalments.
The competent authority at the time of sanction will
stipulate whether the commission is to be recovered
upfront or in specified instalments.
All Other guarantees. 0.15% per month for the specified period of liability. 0.15% per month for the specified period of liability.
Where the guarantee period is less than two months,
commission recoverable will be 0.25%.
Where the guarantee period is less than two months,
commission recoverable will be 0.25%.

In case of early redemption of the guarantee after a
period of 2 months, 50% of the commission for the
unexpired period may be refunded at the discretion of
the competent authority of the Bank who has
sanctioned the facility.
In case of early redemption of the guarantee after a
period of 2 months, 50% of the commission for the
unexpired period may be refunded at the discretion of
the competent authority of the Bank who has
sanctioned the facility.
DEFERRED PAYMENT GUARANTEE
Where the entire DPG guarantee commission is
collected upfront
The rate of commission and the rate of exchange (TT
selling) prevailing as on the date of the DPG shall be
applied. No further adjustment commission arising out of
future revisions in the exchange rate shall be made.
selling) prevailing as on the date of the DPG shall be
applied. No further adjustment commission arising out of
future revisions in the exchange rate shall be made.
Where deferred payment guarantee commission is
recovered on instalment basis.
selling) prevailing as on the date of recovery of each
installment shall be applied.
selling) prevailing as on the date of recovery of each
installment shall be applied.
In the event of early redemption of DPG
50% of the Commission for the unexpired period of
guarantee may be refunded subject to the condition
that the original guarantee has been returned for
cancellation or a confirmation has been received to the
effect that there are no claims against the guarantee.
50% of the Commission for the unexpired period of
guarantee may be refunded subject to the condition
that the original guarantee has been returned for
cancellation or a confirmation has been received to the
effect that there are no claims against the guarantee.
In the event of default of instalment
Interest shall be recovered at the domestic commercial
rate of interest as prescribed by Reserve Bank of India
from time to time from the date of default to the date of
actual payment .
Interest shall be recovered at the domestic commercial
rate of interest as prescribed by Reserve Bank of India
from time to time from the date of default to the date of
actual payment .
Where a DPG has been issued by an AD but the
relative instalment payment is remitted through
The latter shall compensate the A.D. which had issued
the guarantee 0.125% commission in lieu of exchange
The latter shall compensate the A.D. which had issued
relative instalment payment is remitted through
another AD.
on the amount of remittance.
on the amount of remittance.
FORWARD CONTRACT
Booking Rs. 300/- for every six months or part thereof Rs. 306/- for every six months or part thereof
For early delivery and cancellation. Rs. 650/- Rs. 662/-
FOREIGN CURRENCY RUPEE OPTIONS
Rs.2,000/- per year for each million of US$ or part
thereof.
thereof.

Competent authority may reduce it by 25% in deserving
cases.
cases.
CROSS-CURRENCY OPTIONS
thereof.
thereof.

cases.
cases.
FRA/IRS
thereof.
thereof.

cases.
cases.
OUT OF POCKET EXPENSES Actuals to be recovered

UCO Bank Service Charges for Remittances, Collections & Returns

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3/20/2014 Loans & Advances Schemes

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