1. MAINTENANCE OF LEDGER ACCOUNTS
|
1.1
|
Minimum Balance Requirement and Charges for Not Maintaining Minimum Balance in the Account
|
Saving Account
Minimum Quarterly Average Balance (QAB)
Area
|
Min. QAB
|
Initial Deposit
|
Rural
|
Rs. 500/-
|
Rs. 500/-
|
Semi Urban
|
Rs. 1000/-
|
Rs. 1000/-
|
Urban & Metro
|
Rs. 2000/-
|
Rs. 2000/-
|
Charges per Qtr. for Not Maintaining Minimum Balance
Shortfall in QAB
|
Rural
|
Semi-Urban
|
Urban/ Metro
|
Up to 50%
|
Rs. 50/-
|
Rs. 100/-
|
Rs. 150/-
|
Above 50%
|
Rs. 100/-
|
Rs. 150/-
|
Rs. 250/-
|
Current Account
Minimum Quarterly Average Balance (QAB)
Area
|
Min. QAB
|
Rural
|
Rs.1000/-
|
Semi Urban
|
Rs.2000/-
|
Urban
|
Rs.5000/-
|
Metro
|
Rs.10000/-
|
Charges per Qtr. for Not Maintaining Minimum Balance
Charges
|
Rural
|
Semi Urban
|
Urban/Metro
|
Rs.400/-
|
Rs.500/-
|
Rs.600/-
|
|
|
· QAB of Rs.100/- is required for Self Help Group accounts (irrespective of location of branch)
· Charges as above shall be levied for non-maintenance of minimum average balance quarterly.
· Recovery of charges should not turn into negative balance solely on account of levy of service charges.
· No Penal Charges for non-maintenance of minimum balance in respect of Inoperative/ Dormant accounts as per RBI guidelines
· Frequency of charging Qtly charges shall be in line with PNB i.e. Apr./Jul/Oct./Jan.
|
1.2
|
Duplicate Passbook / Statement
|
Pass Book/ Statement – Non-Individuals & Individual (All Branches)
With latest Balance only
|
Rs. 100/-
|
With previous Entries
|
Rs. 2/- per entry, Min Rs. 100/- Max. Rs. 1000/-
|
Note:
· Issuance of new passbook shall be free of cost.
· For CA/CC/OD: One statement of account per month free.
· In case customer requests for statement through M-Banking / I-Banking /through e-mail & In case of Flexi deposit accounts (Saving & Current) charges shall be NIL.
· Statement of Account with Shorter Frequency (For CA/CC/OD Accounts only): Customer to register e-mail login and utilize i-Bank facility for downloading statement.
|
1.3
|
INCIDENTAL / LEDGER FOLIO / ACCOUNT MAINTENANCE CHARGES– OPERATIVE ACCOUNTS BEYOND FREE OF CHARGE PERMISSIBLE ENTRIES
|
Free Folio Allowed in Accounts in Current Accounts
Quarterly Average Credit Balance (in Current account)
|
Up to Rs. 25,000/-
|
NIL
|
Above Rs. 25,000/- up to Rs. 50,000/-
|
2
|
Above Rs. 50,000/- up to Rs. 1,00,000/-
|
4
|
Above Rs. 1,00,000/- up to Rs. 2,00,000/-
|
7
|
Above Rs. 2,00,000/-
|
No limit
|
For accounts maintained in computer, 40 entries or part thereof is treated as one ledger folio.
Charges beyond free limit
SB Account
|
50 debit transaction (except debit transaction done through alternate delivery channels, sweep and standing instruction transaction ) in a financial year- Free
Beyond 50 debit transaction- Rs. 10 per transaction
|
CA/ Cash Credit/ Overdraft
|
Rs. 2/-per, entry subject to Min Rs. 100/- Max. Rs. 1000/-
|
(no free folios in OD/CC Accounts)
|
CHARGES ON EXCESS DEBITS IN ACCOUNT
|
Basic Savings Bank Deposit Account (BSBD)
|
Rs. 5/-per debits in excess of 6 debits permitted in a month.
|
|
1.4
|
Cheque Book Issuance Charges
|
CTS-2010 Standard Cheques
Non Individuals/ Individuals
|
Personalised request through
|
(a) Digital mode: Rs. 3/- per leaf
(b) Branch- Rs. 4/- per leaf
|
Non- Personalised
|
Rs. 5/- per leaf
|
Free Cheque Book:
SB A/c:One Cheque book of 20 Leaves free in a FY
BSBD Account:10 Cheque Leaves Free Per year
CAGEN a/c-:50 Cheque leaf free in a FY
|
|
1.5
|
Standing Instructions
|
Particulars
|
Charges
|
For transactions involving transfer of funds to other centers
|
Applicable ABB Charges
|
Registration of SI
|
Within the Bank: NIL
Inter Bank:Rs. 50/- per instruction
|
Execution of Standing Instruction / remittance to other institutions viz.LIC premium etc.
|
Within the Bank: NIL
Inter Bank:Rs. 50/- per instruction plus Remittance charges plus actual postage
|
Non Execution of SI (due to insufficiency of Funds) Applicable to all types of transactions
|
Rs. 100/- per transaction plus Remittance charges plus actual postage
|
NOTE: No charges to be levied for transfer entries within the accounts maintained at the same branch and instructions in respect of the following shall be carried out free of charge and no SI registration charges and SI remitting charges are to be levied:
1.Crediting/ Remitting interest in term deposit
2.Crediting/Remitting Recurring Deposit installments
3.Crediting/Remitting installments in Loan accounts
|
1.6
|
Stop Payment Instructions
|
Particulars
|
Charges
|
SB Accounts
|
Rs. 100/- per instrument,
Range of Cheque Rs. 300/- (range of 3 and more cheque)
|
CA/CC/OD Accounts
|
Rs. 200/- per instrument,
Range of Cheque Rs. 600/- (range of 3 and more cheque)
|
· To be levied only once i.e. at the time of accepting the instructions for stop payment and no charges be levied while actually returning such instruments through clearing.
· No charges shall be levied if stop payment instructions made through registered Internet Banking
|
1.7
|
Cancellation / Revocation of Stop Payment Instructions
|
SB Accounts
|
Rs. 20/-per instrument; Maximum Rs. 200/- per instruction
|
CA/CC/OD Accounts
|
1.8
|
Penalty Charges for Depositing Delayed Installment Recurring Deposit Account
|
Rs. 1/-per 100/- pm irrespective of periodicity of deposits.
Note: Benefit of waiving penalty for delayed payments against payment of equal number of advance installments in Recurring deposit account is not available. However, the Interest should be paid at applicable rate after deducting penalty charges.
|
1.9
|
Closure of Account
|
Particulars
|
Charges
|
A. Account Closed within 14 days from the opening of account
|
No Charges
|
B. Accounts closed after 14 days but within 12 months of opening
|
RD Account
|
Rs. 100/-
|
Savings Bank account
|
Rs. 300/-
|
Current Accounts
|
Rs. 800/-
|
Accounts closed after 12 months
|
Nil
|
Note:
· No account Closure charges on account of Death of the customer.
· Transfer of account from one branch to another branch of the Bank shall not be considered as closure of account, hence no charges will be recovered. Similarly opening of another account in the joint names after closing the existing one and payment in the deceased depositor account shall not be considered as closure of account.
· If the customer is not happy about his/ her choice of SB/CA a/c or services provided by the bank, he / she may within 14 days from the opening of account, approach the bank to switch to any of our other accounts. Alternatively, he / she may ask for refund of the amount which will be given back to him / her with any interest it may have earned. The bank will not levy any service charge for closure of the account within 14 days from the date of making the first payment into the account.
|
1.10
|
Operation in the Account
|
|
Individuals
|
Non - Individuals
|
Allowing operations through Power of Attorney
|
Rs. 500/-all customers
|
Rs. 1000/-
|
Change of Authorized Signatory / Operational instructions in the account / Recording reconstitution
|
Nil
|
Rs. 200/- per occasion
|
Note: No charges in case of death of existing signatory /account holder.
|
2. REMITTANCES
|
2.1
|
Issuance of Demand Draft
|
Up to Rs. 10000/-
|
Rs. 50/-
|
Above 10000/- to Rs.1 lac
|
Rs. 4.00 per thousand or part thereof, Minimum Rs. 50/-
|
Above Rs.1 Lac
|
Rs. 5.00 per thousand or part thereof, Minimum Rs. 600/-Maximum Rs.15000/-
|
Against tender of Cash (Below Rs. 50000/-) |
@50% of over and above normal charges (as mentioned above) |
|
2.2
|
Issuance of Duplicate Draft / Revalidation of Draft / Cancellation of Drafts / Other Instruments
|
Demand Draft/Other instrument
1
|
Revalidation
|
Rs. 150/- per instrument
|
2
|
Cancellation Charges
|
3
|
Issuance of Lost instrument(s)
|
4
|
Issuance of Duplicate Draft
|
5
|
Against tender of Cash (Below Rs. 50000/-) for any mode of Remittance
|
Rs. 250/-per instrument
|
· No charges shall be levied for issuance of Drafts favoring beneficiaries on account of disbursement of Term Loans/ Retail Loans/Housing Loans.
· Credit/ Deposit Scheme (including NO Frill account) specific concessions would continue as mentioned specifically in the concerned Scheme.
· No charges to be levied for issuance of demand draft issued for payment of proceeds due to restrictions under income tax act for paying in cash in respectofmatureddepositaccountsliketermdepositsandPPForothersuch accounts under Govt. run savings schemes.
|
2.3
|
Cheques / Bills Returning Charges
|
LOCAL RETURNING CHARGES
INWARD RETURNING CHARGES:
Amount of Cheque
|
Charges
|
DUE TO INSUFFICIENT FUND
|
Up to Rs. 1lac
|
Rs. 200/-per instrument
|
>Rs. 1 lac to Rs. 1 Cr
|
Rs. 500/- per instrument
|
Above Rs. 1 Crore
|
Rs. 2000/-for1st cheque andRs. 2500/-per instance from two cheque onwards during the month.
|
Interest at applicable rate for number of days Bank remained out of funds(i.e. actual interest@ clean OD is to be charged extra)
|
For other reason: Rs. 100/- per instrument
|
No charge in case of technical fault/failure
|
OUTWARD RETURNING CHARGES
Local Cheque (Through Clearing House)
|
Upto Rs. 1Lac
|
Rs. 150/-per instrument.
|
Above Rs. 1 Lac upto Rs 10 lac
|
Rs. 250/-per instrument
|
Above Rs 10 lac
|
Rs. 500/-per instrument
|
Local Cheques/Bills– for presentation directly at the drawee bank:Rs. 150/-+out of pocket expenses or 50% of collection charges Whichever is higher.
|
OUTSTATION RETURNING CHARGES
Cheques Up to Rs. 1 Lac
|
Rs. 150/- per instrument + out of pocket expenses
|
Cheques above Rs. 1Lac upto Rs 10 lac
|
Rs. 250/-per instrument +out of pocket expenses
|
> Rs 10 lac
|
Rs. 500/-per instrument +out of pocket expenses
|
Bills
|
Rs. 200/-+out of pocket expenses or 50% of collection charges Whichever is higher.
|
|
3. COLLECTION
|
3.1
|
Collection of Outstation Cheques / Drafts
|
Particular
|
Charges
|
Cheques up to Rs. 10000/-
|
Rs. 50/- per instrument
|
>Rs. 10000/- and up to Rs. 1.00
lac
|
Rs. 100/- per instrument
|
Above Rs. 1.00 lac
|
Rs. 200/- per instrument
|
· The above charges are all inclusive (other than GST and the applicable cess, if any).No additional charges such as courier charges, out of pocket expenses, etc., should be levied from the customers except in cases where specifically mentioned.
· Collection charges in case of outstation cheques should be levied on the Gross amount of the instruments
· Immediate credit of outstation cheques in accounts of individual account holders: Immediate credit of outstation cheques up to Rs. 15,000/- (on request as per above slab plus actual out of pocket expenses
Collection of Local Cheques Through Clearing: No Charges
|
3.2
|
Collection of Local / Outstation Bills-Outward & Inward
{Clean / Documentary / Usance &Supply Bills Including Bills Received Under Inland LC (Excluding Drafts, Cheques Etc.)}
|
Slab
|
Charges
|
Up to Rs. 10000/-
|
Rs. 100/- + Out of Pocket Exp.
|
Above Rs. 10000/-
|
Rs. 10/- per thousand or part thereof + Out of Pocket Exp.; Min Rs. 100/ Max.- Rs. 15000/-
|
CHANGE OF ORIGINAL INSTRUCTIONS (IBC/OBC) i.e. Waiving C Form, delivery Free of Payment, Extending retirement time etc.
|
Rs. 200/- per reference
|
Documents received for collection: if required to be delivered FREE OF PAYMENT to drawee OR to be returned back as UNREALISED.
Normal Collection Charges + out of pocket expenses
|
Charges on Inward Collection (Bank to Bank)
Remittance charges to be collected from the drawee - Where remitting bank has no branch, commission to be shared on 50:50 basis.
|
· Actual postage/courier charges and any other out of pocket expenses have to be recovered in full from the customers.
· Collection charges in case of bills should be levied on the gross amount of the instrument.
|
|
Outstation Returning Charges (Inward / Outward Collection)
|
LOCAL RETURNING CHARGES
INWARD RETURNING CHARGES:
Amount of Cheque
|
Charges
|
DUE TO INSUFFICIENT FUND
|
Up to Rs. 1lac
|
Rs. 200/-per instrument
|
>Rs. 1lactoRs. 1Cr
|
Rs. 500/- per instrument
|
AboveRs. 1Crore
|
Rs. 2000/-for1stchequeandRs. 2500/-perinstancefrom2 cheque onwards during the month.
|
Interest at applicable rate for number of days Bank remained out of funds(i.e. actual interest@ clean OD is to be charged extra)
|
For other reason: Rs. 100/- per instrument
|
No charge in case of technical fault/failure
|
OUTWARD RETURNING CHARGES
Local Cheque (Through Clearing Hose)
|
UptoRs. 1Lakh
|
Rs. 100/-per instrument.
|
|
3.4
|
Purchase / Discount of Cheques / Bills
|
As per IRMD/ RMD guidelines issued from time to time
|
3.5
|
Collection of Deposit Receipts on Maturity
|
Collection of Other Bank’s Deposit Receipts on Maturity
|
Bank shall levy charges as applicable to collection of cheques. However, if proceeds are invested in FD for a minimum period of one year then no charges only out of pocket expenses to be recovered.
|
In all cases, postage charges and other out of pocket expenses have to be recovered in full.
|
3.6
|
Presentation of Usance Bills For Acceptance
|
Rs. 100/- per bill +out of pocket expenses
|
3.7
|
Collection of Interest / Dividend Warrant Directly Received By The Branch
|
Dividend Warrants, Interest Warrants, refund Orders for amount upto Rs. 1000/- are to be collected at par, even they are drawn on other banks and payable at outstation centres. Out of pocket expenses like postage etc., are to be recovered in full.
|
5. CASH HANDLING CHARGES- WITHDRAWAL
|
5.1
|
Savings Bank Accounts
|
At Base & Non Base Branch:
Free: Maximum 5 Withdrawals in a month. Thereafter, Rs. 2/- per Rs. 1000/- or part thereof.
|
5.2
|
Current / Cash Credit/ Overdraft And Other Accounts Of Customers
|
At Base & Non Base Branch:
Free Amount: Rs. 1 Lakh per day.
Thereafter applicable charges will be: Rs. 2/- per Rs. 1000/- or part thereof.
Specific Benefits offered under various products shall be applicable as per product details mentioned @ https://www.pnbindia.in/current.html
|
6. LOCKER/ SAFE CUSTODY
|
6.1
|
Locker Rent Annual
|
|
Rural/ SU
|
Urban/ Metro
|
Small
|
Rs. 1250/-
|
Rs. 2000/-
|
Medium
|
Rs. 2500/-
|
Rs. 3500/-
|
Large
|
Rs. 3000/-
|
Rs. 5500/-
|
Very Large
|
Rs. 6000/-
|
Rs. 8000/-
|
Extra Large
|
Rs. 10,000/-
|
Rs. 10,000/-
|
* A premium of 25% in identified metro branches, subject to review of identified branches in the amalgamated entity.
|
6.2
|
Incentivise payment of Advance Locker rent for five years and Discount On Locker Rent to staff
|
Advanced locker rent for five years
Type of Locker
|
Rural/Semi Urban
|
Urban/Metro
|
Small
|
5625
|
9000
|
Medium
|
11250
|
15750
|
Large
|
13500
|
24750
|
V. Large
|
27000
|
36000
|
E. Large
|
45000
|
45000
|
1. The above rent slab is excluding premium of 25% in identified Metro branches.
2. In case Locker holder surrenders the locker before expiry of period of five year for which advance rent has been paid, then locker rent on annual card rate basis shall be charged.
Category
|
Discount % age
|
Staff
|
75%
|
|
6.3
|
Security Deposit Required For Lockers
|
As per Locker Guidelines
|
6.4
|
Penalty For Delayed Payment Of Locker Rent
|
Delay upto 1 year
|
25% of annaual rent due
|
Delay > 1 year to 3 Years
|
50% of annual rent due
|
For more than 3 years
|
Locker to be broken
|
|
6.5
|
Restriction On Number Of Operations
|
No. of locker visits per year-12 visits per year free; thereafter Rs. 100/- per visit.
While issuing new locker, the branches are advised to include the following clause in the locker lease register.
“I/We agree to payRs. 100/-per operation beyond 15 operations in a financial year”.
|
6.6
|
Refund Of Locker Rent
|
· Minimum Period of Locker facility shall be One Year and in case of Surrender of Locker, Refund of the Locker Rent, if any, shall be paid for the Complete Quarters left as on the Date of Surrender of Locker, for which Locker Rent has already been received in advance.
· In case of surrender of locker before five years, locker charges at normal rates (without concession) shall be charged and rest of the amount shall be refunded.
· In case of surrender, GST will not be refunded.
|
6.7
|
Other
|
One Time Registration Charges at The Time of Leasing Out of Lockers:
|
Rural/Semi Urban
|
Rs. 200/-
|
Urban/Metro
|
Rs. 500/-
|
BREAK OPEN CHARGES /DRILL OPENING
|
Actual + Rs. 1000/- towards incidental charges
|
DUPLICATE KEYS
|
|
6.8
|
Safe Custody Charges
|
Authorized Branches Only(Facility to be provided to existing Customers only)
|
Folio opening Charges
|
Rs. 150/-
|
Scrips/Security Papers
|
Rs. 25/-per scrip p.a. Min Rs. 100/-
|
Sealed Cover
|
Rs. 350/- per cover p.a. or part thereo
|
Sealed Boxes
|
For Boxes up to size (30cmX30cmX30cm)
|
Rs. 3000/-per box per annum
|
For bigger size
|
Rs. 400/- per cubic feet or part thereof per annum. Min Rs. 3500/-
|
Bank’s own deposits Receipts
|
No charges
|
Duplicate keys of branch/other banks shall be exempted from charges.
For security considerations, these services are not to be provided to general public
|
|
7. DOOR STEP BANKING (DSB)
|
7.1
|
Doorstep Banking Services
|
Nature of Service
|
Service Charges #
(Through Branch)
|
Service Charges #
(Through Authorized 3rd Party Agent)
|
Non-Financial
|
Rs.100/- +GST*
|
Rs.75/- +GST*
|
Financial
|
Rs.100/- + GST
|
Rs.75/- + GST
|
# The service charges are subject to change from time to time. The charges will be displayed on the website. Any change in the charges will be notified to customers in advance at least 30 days before implementation.
* Rs.60/-+GST for Life Certificate Pick- Up from pensioner /family pensioners.
|
7.2
|
For All SB/CA/CC/OD Customers: Customers, depositing cash of Rs. 2 lacs or more per day for an average of 10 days in a month in areas having a currency chest, have to be mandatorily provided Doorstep Banking Services
|
· This option is provided to CA/ SB account customers who agree to keep desired float in their account so that the actual Security Agency charges are paid by the Bank.
· Commitment Charges - If customer doesn’t maintain requisite float balance, Commitment Charges will be charged, on monthly basis, @ 4% of the deficit of float balance in customer account, on daily deficit amount OR actual Bank’s Service Charges for DSBs, as given under.
· Maximum cash pickup limit: As per prevalent Banker’s Indemnity Policy (presently, Rs. 2 Crore per cash van)
· Service Charges: Rs. 25/- + Cash Deposit Charges at base branch, as per prevalent IRMD / RMD Circular + Service Provider’s Charges on actual basis.
|
8. MISCELLANEOUS SERVICES
|
8.1
|
Old Record Enquiries
|
Particulars
|
Charges
|
More than 3 months to 12 months old
|
Rs. 100/- per reference Plus out of pocket Expenses
|
More than 12 months to 3 years old
|
Rs. 300/- per reference Plus out of pocket Expenses
|
More than 3 years upto 7 years |
Rs. 500/- per reference Plus out of pocket Expenses |
Above 7 years |
Rs. 1000/- per reference Plus out of pocket Expenses |
*Charges to be refunded for mistake detected on the part of the bank.
|
8.2
|
Attestation / Certificate
|
Individuals
|
Non –Individuals
|
Rs. 100/-Per occasion
|
Rs. 150/-Per occasion
|
Illustrative List of Certificate/ Attestation
1. No Objection Certificate
2. No Dues Certificate
3. Duplicate TDS Certificate:
4. Interest Certificate (One certificate to be issued ‘free of cost’ every year.)
5. Certificate of Balance (Only two certificates are free in a year)
6. Cheque Honoured Certificate
7. Account Maintaining Certificate:
8. Any other certificate relating to deposit account except Solvency certificate charges for which are charges prescribed by IRMD/RMD:
9. Attestation of customer’s signature/ Photograph
10. Address Confirmation
11. Issue of Duplicate Deposit Receipt
Exemption:
No service charges shall be levied for:
1. Issue of No Dues Certificate on adjustment of Loan A/c.
2. Issue of No Objection Certificate to the applicants under various Government sponsored schemes
3. Certificate of Interest paid on Deposits or TDS Certificate for the first time
4. The beneficiaries who opt for any e-payment from Govt. Depts., certification of mandate will be free
5. Signature attestation for ECS purpose.
|
8.3
|
Other
|
Particulars
|
Charges
|
Copy/ image of Cheque/ Draft (Paid/) by the bank |
Rs. 100/-for attested copy per instrument |
Image of Cheques sent for collection (In CTS) |
Rs. 100/- per instrument |
Loss of (Metal) Token |
Rs. 50/- per Token |
Postal Charges (Regd. Post/Speed Post/ Courier Charges) |
Rs. 75/- or actual expenditure- whichever is higher |
Nomination Charges |
First time: Free there after Rs. 100/- per occasion |
|
8.4
|
Concessional/ Exempted Categories
|
AS PER ANNEXURE-I
|
8.5
|
Concessions Not Specified Elsewhere
|
As per discretionary power vested with various sanctioning authority.
|