Search
Login

Credit Related Services Charges

Service Charges Related to Retail Advances

S No

Particulars

Charges

1. INLAND LETTER OF CREDIT

1.1.

Opening Charges (per LC) (Charges are inclusive of Commitment Fees and Usance charges)

Internal Rating

Charges

A1 to A3

0.25% per month*

A4 to B2

0.30% per month*

B3 & below

0.35% per month*

*Subject to minimum Rs. 500/- per LC

Note:

1. Wherever internal rating is not applicable, effective rate shall be in the range of “A4 to B2”.

2. The period is to be calculated from the date of opening LC to the last date of its validity + usance period of bill and part of a month should be construed as a completed month.

1.2.

Charges for Confirmation of LC

Normal charges as mentioned in para 1.1

1.3.

Revolving Letter of Credit

Normal charges as mentioned in para 1.1

1.4.

Advising of LC charges

0.10% subject to minimum of Rs. 1000/- and maximum of Rs. 5000/-

(Flat commission of Rs.500 for advising each amendment.)

1.5.

Charges for discrepant documents negotiated/ discounted by our bank under LC opened by our Bank or any other bank

Flat 0.30% subject to minimum of Rs. 3000/-

(If payment received and credited to beneficiary account)

1.6.

Attestation Charges for Certificates/ Commercial Invoices

Rs. 50/- per invoice Min. Rs. 100/- on each occasion;

1.7.

Clean Payment Received under LC

Rs. 500/- Flat

1.8.

Transfer Charges for Transferable LC

Rs. 1000/- Flat for each transfer

1.9.

Negotiating Charges For bills negotiated /discounted under L/C opened by our Bank or other bank

Rs. 1000/- plus interest per bill at the applicable rate of interest from the date of negotiation to the date of reimbursement of funds to the bank.

1.10.

Amendment Charges

For Extension of Validity period

Normal Charges for enhanced portion/ Extended Period of LC as mentioned in para 1.1

For Enhancement in Value of LC

For Any other amendment

Rs. 500/- Flat on each Amendment

1.11.

Charges for Letter of Credit based on Liquid Margin

At least 100% Liquid Margin

25% of normal charge

At least 75% Liquid Margin

50% of normal charges

At least 50% Liquid Margin

75% of normal charges

Less than 50% Liquid Margin

Normal Commission

1.12.

Postage / Out of Pocket Expenses

All out of pocket expenses such as postages, telegrams, telex, cable charges, fax etc. shall be collected from the beneficiary, unless otherwise specified.

2. INLAND BANK GUARANTEE

2.1.

Bank Guarantees

PBG

2.40% per Annum

FBG

3.00% per Annum

Ø Minimum one quarter commission is chargeable and fo r part of a quarter, commission for full quarter shall be recovered.

Ø In cases where BG is issued for longer period and the borrower requests for recovery of commission on Annual/Qtly basis as against the stipulated policy for recovery of commission for the entire tenure of the bank guarantee + the claim period, an additional charge of 0.25% shall be applicable.

2.2.

Charges for Bank Guarantees based on Liquid Margin

Atleast 100% Liquid Margin

25% of normal charge

Atleast 75% Liquid Margin

50% of normal charges

Atleast 50% Liquid Margin

75% of normal charges

Less than 50% Liquid Margin

Normal Commission

2.3.

Refund on Cancellation of Guarantee

Ø Commission to be refunded will be for full unexpired quarters only.

Ø However, Branch should recover commission for a minimum of two quarters.

Ø If an existing guarantee is extended for a specific period and the guarantee is being cancelled (after original tenure), commission will be refunded for full unexpired quarters

Ø If guarantee is invoked by the beneficiary, commission charged will not be refunded.

2.4.

Bank Guarantee Counter Guaranteed by Central Government / State Government / ECGC / Scheduled Commercial Bank having Minimum required Regulatory CRAR including CCB

50% of normal commission applicable on Bank Guarantee up to the extent of counter guarantee amount. Normal charges on guarantee amount not covered by counter guarantee.

2.5.

Commission for Stand by LC (SBLC)

Commission at par with Financial Bank Guarantee shall be charged.

3. PROCESSING FEE (EXCLUDING SCHEMATIC / RETAIL CREDIT / AGRICULTURE CREDIT)

3.1.

For Fund Based / Non Fund Based Working Capital Advances

(Fresh/ Renewal/ Enhancement)

Up to Rs.5/- Lakh

NIL *

Above Rs.5/- Lakh to Rs.10/- Lakh

Unified Process Fee** @0.50%

Above Rs.10/- Lakh

Internal Rating Rate
A1 to A3 0.25%**
A4 to B2 0.30%**
B3 & below 0.35%**

(Note: Wherever internal rating is not applicable, effective rate shall be in the range of “A4 to B2”)

*Expenses other than Process Fees (i.e. CIC/CERSAI/Insurance etc.) shall be borne by the borrower.

**No ceiling.

Note:

· Unified Process Fee includes all type of charges (i.e. CIC/CERSAI/Inspection/ Documentation/ NEC/ Valuation etc.). However Insurance/ State specific Stamp Duty charges on actual basis shall be borne by the borrower.

· Processing fee on setting up of limits for discounting of bills backed by ILCs of PSBs/ approved banks on standalone basis shall be charged @ 25% of the card rates applicable on working capital finance, subject to a minimum of Rs. 500/-

No processing charges are to be levied in following cases:

· In case eligible Priority Sector Loans to SHGs / JLGs, the loan limit of Rs. 25000/- is applicable per member of the SHGs / JLGs and not to the group as a whole.

· On setting up of limits for discounting of bills backed by bank’s own ILCs on standalone basis.

· Temporary Overdraft, Occasional Cheque / Bill Purchase (where no regular limit is there) & Withdrawal against Uncleared Instruments / Cheque.

· LC/BG issued against 100% margin in the shape of Cash/FDR/other liquid securities, where no regular limit is required to be set up/the regular limit of the borrower has already been exhausted.

· Advances against Deposits / Specified securities (LIP / NSCs / Shares / Other Paper Securities etc.) other than Retail Schemes.

Consortium Advances

As decided in Consortium meeting or leader bank.

Enhancement

As per normal rates mentioned above in para 3.1 and pro rata for the relevant period so as to coincide with the expiry date of original limit.

3.2.

ADHOC Sanction

· 150% of normal charges mentioned above in para 3.1 on the amount of Adhoc are to be charged on pro-rata basis for the period for which the Adhoc Sanction has been permitted to the borrowers.

· Additional interest of 2% shall be charged on Adhoc granted.

3.3.

Review of Limits/ Extension of validity of sanction / Short review

Review for first three months

Normal charges (as per para 3.1)

Review for second three months

Up to Rs.10/- Lakh– Normal Charges

Above Rs.10/- Lakh– 150% of Normal charges

Note:

1. The above clause shall be part of process note and sanction letter.

2. In case of review of account, prorata of maximum charges applicable shall be levied

3.4.

Recovery of Process Fee

At the time of

% (Process Fee )

Receipt of Loan Application*

10%; Min Rs.500/- (Non-Refundable)

Conveying Sanction

40%

Disbursement

50%

*Recovery of process fee should not be insisted upfront in following cases and collected on conveying sanction:

o MUDRA /MSME loan up to Rs.10/- Lakh

o Loan under Government Sponsored Scheme

· Upfront fee recovered shall be forfeited after giving due notice to the borrower, In following cases

a. The loan proposal is declined.

b. The credit facilities sanctioned are not availed by the customer within a period of 6 months.

· Recovery in Accounts:

ü In case of Exiting account, Process fee /upfront fee is to be recovered in the month of April (max. up to 31st May) for the entire year.

ü In case of Fresh sanction / Enhancement, charges be recovered proportionately for the remaining period of financial year.

In case of gap between expiry date of original facility and its actual renewal with or without enhancement

· In case the facility is being permitted for availment, Processing Charges from the date of expiry of Limit to the date of actual renewal (with or without enhancement) as per prescribed rate should be levied on pro-rata basis.
· In case the facility is being kept in abeyance during the period, no charges are to be levied.

Process Fee /Upfront Fee for Conveying NBG Approval

If the proposal is approved in NBG meeting, charges of Rs.2 lakh should be recovered by branch from the customer while conveying NBG approval and if:

a) Regular proposal is sanctioned and the limit has been availed/ disbursed, the recovered amount of Rs.2 lakh should be adjusted towards upfront /processing fee.
b) Regular proposal has been sanctioned but the limit is not disbursed the amount of Rs.2 lakh should not be refunded.
c) Regular proposal is not presented within 6 months amount of Rs.2 lakh should not be refunded.
d) Regular proposal is declined, 50% of the amount i.e. Rs.1 lakh should be refunded.

· Such charges should be conveyed to the customer before placing the proposal in NBG. In case of syndication assignments, the pricing is not to be disclosed, till mandate is received.
· Amount of Rs.2 lakh to be adjusted while recovering balance 50% of processing /upfront fee at the time of disbursement.

4. UPFRONT FEE FOR FRESH TERM LOANS / REVIEW OF TERM LOANS

4.1.

Upfront Fee - Term Loans (Including DPG)

S N

Exposure

Charges

All advances except Agriculture /MSME Borrowers

Up to Rs.10 Lakh

a.

Up to Rs.5 Lakh

NIL*

b.

AboveRs.5 Lakh to Rs.10 Lakh

1.25%

Above Rs.10 Lakh (Based on Internal rating)

c.

Rating A1 to A3

1.00%**

d.

Rating A4 to B2

1.25%**

e.

Rating B3 & below

1.50%**

For MSME Borrowers

f.

Up to Rs.5 Lakh

NIL*

g.

Above Rs.5 Lakh to Rs.25 Lakh

50% of normal charges as mentioned at Serial No “b”.

h.

Above Rs.25 Lakh

Normal charges as mentioned at Serial No “c” to “e”.

*Expenses other than Upfront fee (i.e. CIC/ Cersai/ Insurance etc.) shall be borne by the borrower.

**No ceiling.

Note:

· Wherever internal rating is not applicable, effective rate shall be in the range of “A4 to B2”
· Upfront fee is to be recovered as a onetime fee. Where financing is in participation with financial institutions, upfront fee be levied/shared in line with those charged by financial institutions.

4.2.

Annual Review Charges for Term Loan

Limit

Charges

Up to Rs.1 Crore

Standalone Term Loan: NIL

Other (which are reviewed along with regular WC facility): @0.10% on outstanding

Above Rs.1 Crore

During implementation stage

@0.10%; Max. - Rs.10 Lakh.

After implementation

@0.05%; Max. - Rs.5 Lakh.

5. COMMITMENT CHARGES

5.1.

Fund Based and Non-Fund Based Limit

A. FOR FB + NFB LIMITS OF ABOVE Rs.1.00 CRORE:

Commitment charges shall not be levied in cases where existing/ prospective borrowers have executed documents containing the required clause for unconditional cancellation (UCC) of limits. Operative limit if fixed on the basis of QIS-I form, shall be reckoned for calculating the commitment charges.

In case of partly drawn Term Loan, commitment charges to be levied irrespective of the fact whether the borrower has executed the necessary documents containing unconditional cancellable limit clause or not.

For Fund Based Limit including Term Loans:

Utilization Level

Charges

Utilization Level less than 50%

1% p.a.

Utilization Level 50% to < 60%

0.50% p.a.

Utilization Level 60% to < 70%

0.25% p.a.

Utilization Level > 70%

NIL

For Non-fund Based Limit:

Utilization Level

Charges

Utilization Level below 60%

0.25% p.a. for unutilized portion

Unutilized portion in case of industries financed under monthly cash budget should be arrived at with reference to average utilization during the month and the monthly operative limit.

B. FUND BASED WORKING CAPITAL LIMIT OF Rs.150 CRORE AND ABOVE FROM THE BANKING SYSTEM:

For Fund Based Limit including Term Loans:

Risk Weight of Advance

Charges (for unutilized portion)

20%

0.10% p.a.

30%

0.15% p.a.

50%

0.20% p.a.

100%

0.40% p.a.

150% and above

0.60% p.a.

For Non-fund Based Limit:

NFB Facilities of the above class of borrowers will be subjected to Commitment Charges as detailed at A above.

#All unrated claims on Corporates, AFCs and NBFC-IFCs having aggregate exposure from banking system of more than INR 100 Crore which were rated earlier and subsequently have become unrated will attract a risk weight of 150%.

Note:

a) Consortium Advances

Charges as decided in Consortium meeting or leader bank.

The quantum of charge should accordingly be determined by each member bank with reference to the operative/sanctioned limit allocated to it.

b) In Multiple Banking Arrangements

The charge should be determined by each bank based on the limits sanctioned by it.

c) For Term Loan

i) Where the draw down is made in stages as approved by the bank, the commitment charges shall be computed on the undrawn portion reckoned with respect to the relative draw down limit fixed for the period and not with reference to the total limit.

ii) In case of partly drawn term loans where no specific draw down schedule has been prescribed/borrower has not adhered to the specific draw down schedule, the commitment charges at aforesaid rates shall be levied on entire undrawn portion.

d) Commitment charges are to be recovered on quarterly basis

5.2.

Exempted Cases for Levying Commitment Charges

a) FB + NFB limits of Rs.1 Crore and below

b) Working capital limits sanctioned to sick / weak units/ Export Credit

c) Credit limits granted to commercial banks, financial institutions and co-operative banks including land development banks.

d) Inland bill limits extended by way of bills purchased / discounted or overdraft / cash credit limit / sub-limit against bills for collection.

6. DOCUMENTATION CHARGES

6.1.

Documentation Charges Including Priority Sector Advance (Fund Based)/ (Non-Fund Based)

Exposure

Charges

Up to Rs.10 Lakh

NIL*

> Rs.10 Lakh to Rs.1 Cr

Rs.5000/-

> Rs.1 Cr to Rs.5 Cr

Rs.10000/-

> Rs.5 Cr to Rs.50 Cr

Rs.20000/-

> Rs.50 Cr

Rs.50000/-

*Documentation charges are covered in unified process charges.

Ø In case of enhancement of the facility, Documentation Charges shall be levied on enhanced portion only.
Ø Renewal/Review of limits: NIL
Ø Retail/Schematic Lending: As per scheme
Ø Loan Against 100% Liquid Securities (i.e. Bank’s own deposit/ NSC/ LIP etc.): NIL

Consortium Advances

Documentation charges shall be applicable in line with Consortium.

Documentation charges on Adhoc

At par of normal documentation charges.

7. INSPECTION / SUPERVISION CHARGES

7.1.

Inspection/ Supervision Charges

Slab

Charges (Per Annum)

Up toRs. 5 Lakh

NIL

Above Rs.5 Lakh to Rs.1 Crore

@0.10%; Min. Rs.1000/-

Above Rs.1 Crore

@0.05%; Min. Rs.10000/-

& Max. Rs.30000/-

The above charges shall be levied quarterly on pro-rata basis through system.

Consortium Advances

As per decision taken in consortium meeting. However, if there is no decision in consortium meeting in respect of Inspection Charges, charges to be levied as per para above.

Note:

1. Actual conveyance and out of pocket expenses to be reimbursed to visiting official through TA bill and the same shall be recovered from borrowal account (except NPA accounts).
2. In case of NPA account the charges shall be debited from respective charges general and also be recorded in memorandum.
3. To be recovered per borrower entity, irrespective of number of facilities.

8. LEAD BANK CHARGES

8.1.

Lead Bank Charges where our Bank Is the Leader Bank Under Consortium

Aggregate Limits

(FB + NFB) from the Banking System

Charge (As percentage of Aggregate Limits from the Banking system)

Up to Rs. 50 Crore

@0.30%; subject to Min Rs.5 Lakh

Above Rs. 50 Crore

@0.25%; subject to Min Rs. 15 Lakh and Max no ceiling

· Normal charges, as applicable for accounts under Consortium Lead Bank Charge as mentioned above shall be recovered at the time of renew/review of facility.

9. TECHNO-ECONOMIC VIABILITY (TEV) STUDY CHARGES

S.No. Particulars Charges*

9.1.

When TEV study is strictly carried out for our bank’s internal use and TEV report is not shared with customer

Conducted by bank officials
– Rs. 0.10% of project loan amount subject to minimum Rs. 50000
Maximum fee for the Project Loan amount above Rs. 400 Crore: Rs. 250 Lakh

TEV study by Consultant
– Consultant fee + Rs. 15000/-

9.2.

When TEV study is carried out internally and TEV report is shared with customer

Conducted by bank officials :- 0.15% of project loan amount subject to minimum Rs. 50000/-
Maximum fee for the Project Loan amount above Rs. 400 Crore: Rs. 250 Lakh

By consultant— Consultant fee + Rs. 15000

9.3.

TEV Vetting Charges

Charges for vetting of TEV study shall be 50% of applicable TEV appraisal charges as mentioned above.

9.4.

Waiver of TEV Study

Wherever TEV study is waived by the competent authority
Upto Project cost Rs.5 cr. – Nil
Above Rs. 5 cr. – Rs.50000

*All Charges are exclusive of applicable taxes.

10. OTHER SERVICE CHARGES

10.1.

Purchase / Discount of Bills / Cheques / Drafts

(Outstation and Local)

Charges per

Cheques/ Drafts

Bills

Amount up to Rs.10 Lakh

Flat Rs.1000/-

50% of collection charges (as per non-credit service charges.)

Amount above Rs.10 Lakh

Flat Rs.3000/-

In addition to above charges, discount / interest* at applicable rate plus out of pocket expenses if any will be charged.

*For Borrowal Accounts – Rate of interest applicable for WC advance to the respective borrower.

For Non-Borrowal Accounts – Rate of Interest applicable to Clean OD.

10.2.

Charges for Amendments / Modifications of Accepted Sanction Terms

0.02% of loan amount (Minimum Rs.1000/- and maximum Rs.5 Lakh)

10.3.

Revalidation of Sanction

50% of applicable Process Fee; subject to Max Rs.2.50 Lakh

10.4.

Issuance of NOC for All Types i.e., Ceding First / Second Charge / Other Purpose

0.05% of limit, Min. Rs. 2000/- Max. Rs. 50,000/-

However, the same shall not be applicable to consortium banking arrangement.

10.5.

Issuance of Solvency Certificate

(Non Commercial / Commercial)

0.10% of certificate amount with a minimum of Rs.1000/- and maximum Rs.25000/-.

Note: Any additional certificate issued within a period of 3 months of issuance of 1st solvency certificate, only 50% of the applicable charges shall be levied.

10.6.

Issuance of Any Other Certificate i.e. No Dues, Balance Confirmation, Maintenance of Account, etc. on Behalf of Our Clients as well as Clients Referred by Other Banks Other than for Govt. Sponsored Schemes

As per Non Credit Related Service Charges

10.7.

Fee For Opening / Operating TRA / ESCROW Account

CREDIT LIMIT FROM OUR BANK

FEE

Up to Rs. 5 Cr

Rs.1 Lakh p.a.

Above Rs. 5 to Rs. 10 Cr

Rs.2 Lakh p.a.

Above Rs. 10 Cr

Rs.5 Lakh p.a.

10.8.

Charges for of Copy of Documents for Submission to Any Statutory Authority to the Borrower

Limit

Charges

Up to Rs. 100 Lakh

Rs. 500/-

Over Rs. 100 Lakh

Rs.1000/- plus actual photocopy charges.

If presence of Bank official is required along with the copy of documents

Rs. 2000/- plus actual photocopy charges

PS Advances including Govt. Sponsored Schemes up to Rs.25000/-

NIL

10.9.

Providing Credit Information / Opinion Including Introduction in case of Borrowal Accounts if Provided on Request of the Borrower

Rs.1000/- per occasion

10.10.

Registration of Power of Attorney

As per Non Credit Related Service Charges

10.11.

Handling Charges

Wherever full waiver of Processing fee or Upfront fee is permitted, ‘Handling Charges’ @ Rs.15 per Lakh or part thereof, subject to maximum of Rs.1 Lakh are to be recovered from borrowers availing limits of Rs.1 Crore & above, separately in lieu of Processing fee & Upfront fee.

10.12.

Loan / Debt Syndication and Project Appraisal Charges

i) Syndication Fees (including project appraisal, as a part of syndication assignment)

0.50% of the total project loan

ii) Project Appraisal Fees wherever appraisal is shared with other banks / SEBI and our bank does not undertake syndication assignment.

0.20% of the total project loan (to be charged in those cases where our appraisal is being used for sanction of loan by other Banks / FIs).

10.13.

Fee for Underwriting Assignments

@ 0.25% of the total debt be recovered at the time of conveying our sanction. This fee is to be recovered over & above the syndication fee of 0.50% of total debt as mentioned above.

10.14.

Additional Jobs / Responsibilities on Behalf of Lender Banks, in respect of All Term Loans Sanctioned under Consortium / Syndication / Multiple Banking Arrangement, Involving Total Term Loan Component of Rs.5 Cr and Above

Particulars

Charges

A. Project Implementation & Monitoring Fee

For monitoring of implementation of the project on behalf of lender members (i.e. whether the financial as well as physical progress is as per schedule, cost estimates accepted are being adhered to or not, actual promoter’s contribution is as was envisaged, etc.)

Rs.100 per Lakh p.a. on total project cost till completion of project (i.e. Rs.10,000/- per Crore) subject to maximum of Rs.7.5 Lakh p.a.

B. Security Agency Fee (to be charged one time)

For creation of security charged on behalf of lender members

Rs.100 per Lakh on total project loan (i.e. Rs.10,000/- per Crore) subject to maximum of Rs.5 Lakh.

In case of change in security/lenders, requiring modification in creation/ extension of mortgage/ other securities, additional 50% of the said fees are to be levied.

Further, in cases, where both the assignments i.e. Project monitoring and Security Creation are handled by our bank as a package, charges/fee be recovered, as stipulated above subject to maximum of Rs.10 Lakh as a package deal, in the first year, in such cases. Subsequently, Project Implementation & Monitoring fee be recovered on annual basis till completion of the project.

10.15.

Pre-Payment / Fore Closure of Loan in Case of Take Over i.e. Loan is Prepaid by the Non-Individual Borrower for Shifting to Other Bank / FI

Pre-payment charges @2% of the pre-paid outstanding amount.

However, no prepayment charges are to be levied in the following cases:

ü MSE Borrower

ü Floating rate term loan (Non Business) sanctioned to Individual Borrower.

ü Loans sanctioned at fixed rate with reset clause, if the borrower exercises his option for floating rate interest at the time of reset.

ü Where the loans are prepaid by the borrowers from their own sources

ü Where the borrower shift to other bank within 30 days from the date of issuance of circular for upward revision in the rate of interest to be charged in his account or change in other terms of sanction.

ü Where the closure of loan is on the instance of the Bank on account of size of irregularity, possibility of default in future or any other te chnical or other specific reasons.

10.17.

Concession Amount to be Recovered in Case of Takeover of the Account

In case of account is being taken over by the other bank/FI, in addition to levying pre-payment charges, all the concession/relaxation/waiver in the service charge, ROI etc. granted since last sanction/review/renewal of the facility or sanction accepted by the borrower with such clause, whichever is earlier, in the account shall be withdrawn and respective amount shall be recovered from the borrower. The same clause shall invariably be incorporated in the sanction letter & acceptance of borrower in this regard shall be obtained & kept on record.

11. MISCELLANEOUS EXPENSES

11.1.

Out of Pocket Expenses

All out of pocket expenses such as Registration / Modification /Satisfaction of charges with RoC, postages, telegrams, telex, cable charges, fax etc. shall be collected from the beneficiary, unless otherwise specified.

11.2.

Credit Information Report (CIC) Charges

(i.e. TU CIBIL, CRIF HighMark, Experian, Equifax)

Segment

Charges

Consumer

@ Rs.50/- per CIC

Commercial

@ Rs.500/- per CIC

Priority Sector Loans up to Rs.25000/-: No Charges shall be recovered

11.3.

NeSL Charges

As per NeSL guidelines

Available at www.nesl.co.in (NeSL Home Page ? IU Services ? Fee Structure)

11.4.

CERSAI Charges

Segment

Charges

Creation or modification of Security Interest in favour of secured creditor

1) Up to Rs.5 Lakh – Rs.50/-

2) Above Rs.5 Lakh – Rs.100/-

Any application for information recorded / maintained in the Register by any person (CERSAI Search)

Rs.10/-

Satisfaction or Correction of any existing security interest

NIL

11.5.

Legal Opinion / NEC Charges

Exposure

Maximum Charges per property*

Metro

Urban & Semi-urban

Rural

Up to Rs.1 Crore

Rs.3000/-

Rs.1500/-

Rs.1000/-

Above Rs.1 Crore

Rs.4000/-

Rs.2500/-

Rs.1500/-

*Plus actual out of pocket expenses to be recovered from borrower.

11.6.

Valuation Fee

Value of Assets*

Fee

Up to Rs. 20 Lakh

Rs. 2000/-

Above Rs. 20 Lakh to Rs. 50 Lakh

Rs. 3000/

Above Rs. 50 Lakh to Rs. 1 Crore

Rs. 4000/-

Above 1 Crore to Rs. 5 Crore

Rs. 8000/-

Above 5 Crore to Rs. 10 Crore

Rs. 12000/-

Above 10 Crore

Rs. 15000/-

*Includes Property/Fixed Assets/Plant & Machinery etc.

No fee should be charged in case the valuation is done by the Branch incumbent/Cluster Head.

11.7.

Levy of Cash Order / Draft / RTGS / NEFT Charges While Disbursing Term Loan

While issuing instruments for remittance of funds directly in favour of supplier, for disbursement of term loan, no charges are to be recovered for issuance of Cash Order/Draft/RTGS/ NEFT/other mode.

  • PNB mobile app
  • PNB CUSTOMER SUPPORT
Listen
Listen
  • Rewarded

    Rewarded

    Earn reward points on transactions made at POS and e-commerce outlets

  • Book your locker

    Book your locker

    Deposit lockers are available to keep your valuables in a stringent and safe environment

  • Financial Advice?

    Financial Advice?

    Connect to our financial advisors to seek assistance and meet set financial goals.

  • ATM & Branch Network

    ATM & Branch Network

    Find PNB Branches and ATMs in proximity to your location.

back to top