Service Charges

MANIPUR RURAL BANK
(A Public Sector Undertaking)

Re: Revision of Service Charges with effect from 01.08.2018

Bank has revised the service charges with effect from 01.08.2018 by superseding earlier circular letter No-MRB/HO/Cir/5/2012-13 /918 Dated 6.12.2012.

1. COLLECTION OF OUTSTATION CHEQUES/BILL:

For amount (Uniform for all branches)	Charges
Up to Rs 5,000/-	Rs 35/-
Above Rs.5.000/- up to Rs 10,000/-	Rs 65/-
Above Rs 10,000/- up to Rs 1,00,000/-	Rs 130/-
Above Rs 1,00,000/-	Rs 240/-

Note: In all the cases postage and other charges will be realized separately on an actual basis

2. Handling/Collection charges for bills & Cheques returned Unpaid

Particulars	Charges
Local cheques & Bills	Rs.170/- per instrument, other Bank charges extra
Outstation Cheques & bills	Rs.220/- per instrument, other Bank charges extra

Note: Postage and other out of pocket expenses to be realized in full

3. Cheque Return Charges

Particulars	Charges
Return of inward clearing cheques	Individual- Rs 260/- per instrument and Non Individual- Rs.310/- per instrument
Return of outstation cheques	Rs 310/-per instrument+ other bank’s charges
Return of Outward Clearing cheque	Individual -Rs 260/- per instrument and Non Individual- Rs.310/- per instrument

Note: In all the cases postage and other bank charges will be taken separately on actual basis

4. ECS/NEFT/RTGS CHARGES

Sl		Charges
1	ECS charges:
	i)Credit and Debit	No charges
	ii) ECS Registration charge	Rs.120/-
	iii) Return of Credit ECS	Rs.100/- per instrument
	iv) Return of Debit ECS	Rs. 210/- per instrument
2	NEFT charges:-
	Up to Rs.10000/-	Rs. 3/-
	Above 10000/- to Rs. 1.00 lakh	Rs. 6/-
	Above Rs.1.00 lakh to Rs. 2.00 lakh	Rs. 20/-
	Above Rs.2.00 lakh	Rs. 30/-
3	RTGS Charges:-
	Rs. 2.00 lakh to Rs. 5.00 lakh	Rs. 30.00/- per transaction
	Above Rs. 5.00 lakh	Rs. 60.00/- per transaction
4	IMPS / UPI through mobile Banking
	Up to Rs. 25000/-	Rs. 6/-
	Rs. 25001/- to Rs.1 lakh	Rs.12/-
	Above Rs.1 lakh	Rs.20/-

5. ISSUE OF BANKERS CHEQUE/PAY ORDER/ DEPOSIT AT CALL:

For amount	Charges
PAY ORDER/BANKERS CHEQUE-
Up to 10000/-	Rs 50/- per receipt
Above Rs 10000/-	Rs 4.50/- per thousand or part thereof Minimum-Rs.70/- Maximum- Rs.17700/- (10% Rebate for senior citizen & student will be allowed, subject to a maximum as stipulated
Cancellation of Pay Order/Bankers cheque	Rs.140/- per instrument
Duplicate Pay Order/Bankers cheque	Up to Rs.1.00 lakh- Rs.130/- per instrument Above Rs.1.00 lakh – Rs.240/- per instrument
Revalidation of Pay Order/bankers cheque	Up to Rs.1.00 lakh- Rs.140/- per instrument Above Rs.1.00 lakh – Rs.240/- per instrument
CALL DEPOSIT Receipt	Rs.65/- per instrument
Issue of Duplicate Receipt	Rs.120/ per instrument

6. CASH HANDLING CHARGES

Sl	Particulars	Charges
1	Saving Bank account (Cash deposit) Excluding Financial Inclusion (FI) account
	(i) up to 10 packet per day per account	Free
	ii)Beyond 10 packet per day per account	Rs.12/- per packet or part thereof and maximum of Rs.10000/-
2	CD/CC/OD Accounts (Cash deposit) per day per account
	i) up to 10 packet per day per account	Free
	ii) Above 10 packet per day per account	Rs. 25/-per packet or part thereof and maximum of Rs.17700/-

7. Minimum Initial Deposit for Opening of New A/c:

Particulars	Rural Branches	Urban/Semi-urban Branches
Currents Deposit A/c	Rs 1000/-	Rs 2000/-
SB a/c with cheque facility	Rs 500/-	Rs 500/-
In SB a/c without cheque facility	Rs 100/-	Rs 200/-
Basic Saving Bank A/c (No-Frill a/c)	Rs 10/-	Rs 10/-

8. Minimum Balance in SB and CD A/c:

Particulars	Rural Branches	Urban/Semi-urban Branches
Minimum balance in CD a/c	Rs 1000/-	Rs 2000/-
Minimum balance in SB a/c with Cheque book facility	Rs 500/-	Rs 500/-
Minimum balance in SB a/c without Cheque book facility	Rs 100/-	Rs 200/-

9. Cheque Book Charges:

Particulars	Printing stationary Charges
MICR Cheque in SB/ a/c (one cheque book of 20 leaves free in a calendar year)	Individual- Rs 3.50/- per Cheque leaf Non-Individual- Rs.4.00/- per cheque leaf
MICR Cheque in CD/CC/OD a/c (No free cheque book)	Individual- Rs 3.50/- per Cheque leaf Non-Individual- Rs.4.00/- per cheque leaf
Personalized Cheque Book \| 25 Leaves\|	₹ 150/- Including GST
Personalized Cheque Book \| 50 Leaves\|	₹ 260/- Including GST

10. Stop Payment Instruction:

Particulars	Printing stationary Charges
SB a/c	Rs 120/- per instruction, for multiple cheques- Max-300/- Non-Individual- Rs.4.00/- per cheque leaf
CD/CC/OD a/c	Rs 170/- per instruction for multiple cheques- Max-530/-

11. MISCELLANEOUS:

Sl no	Particulars	Charges
1	Addition /Deletion of name (other than death of A/c holder) Non-Individual- Rs.4.00/- per cheque leaf	Rs. 150/- per occasion (no charge for closure due to death of the depositor)
2	Closure of SB a/c within 12 months of opening	Rs. 260/- (with cheque book)
3	Closure of SB a/c within 12 months of opening	Rs. 160/- (without cheque book)
4	Closure of CD a/c within 12 months of opening	Rs. 360/- (Individual)
5	Closure of CD a/c within 12 months of opening	Rs. 600/- (Others)
6	Closure of RD a/c within 3 months of opening	Rs. 40/-
7	Change of operational Instruction	Rs. 120/- per occasion
8	Limit of number of withdrawals in SB A/c – 50 (fifty) numbers in a calendar ½ year	Rs.15/- per entry in excess of 50 per calendar half year
9	Change in Registered Nominee	Rs. 60/- per occasion
10	Operation of account through power of Attorney/ Mandate	SB – Rs.120/- CC/OD/CD- Rs. 280/-

12. FALL OF MINIMUM BALANCE

a) SB a/c with cheque book facility	Rs. 74/- per occasion
b) SB a/c without cheque book facility	Rs. 74/- per occasion (urban & semi urban) and Rs. 44/- for Rural branch
c) CD a/c	Rs 260/- per occasion

13	Loss of Token	Rs. 140/- per occasion
14	Attestation/Verification of Customers’ Signature/Photograph	Rs 170/- per occasion
15	CIBIL & CERSAI charges	i) Individual Rs. 60/- for each search ii) For commercial-Rs. 940/-each search

16. Duplicate Statement /Duplicate Pass Book Issue Charges:

Particulars	Charges
i) Saving Bank- With latest balance	Rs 120/- per Pass Book / Statement
ii) Saving Bank- With multiple entries	Rs 120/- + additional Rs.120/- per ledger folio (40 entries or part thereof will be treated as a folio)
iii) CD- statement	Free – One statement of account per month. For Duplicate or Additional statement Rs.50/- per folio or part thereof.

17. LEDGER FOLIO CHARGES FOR SB/CD/CC/OD ACCOUNTS

Particulars	Charges
Savings A/c (40 entries or part thereof be treated as one ledger folio)	(i) Individual – Nil. (ii) Non Individual – Rs. 35/- per folio, no free folio
CD/CC/OD (40 entries or part thereof be treated as one ledger folio)	(i) Individual – Rs. 90/- per folio (ii) Non Individual-Rs.220/- per folio, Maximum- Rs.1180/- per quarter, no free folio

18. STANDING INSTRUCTIONS (SI):

Particulars	Charges
i) Involving credit to another account of the same customer (including payment of Lockers Rent) within the same branch	Nil
ii) In all other cases	Rs. 140/- per registration

19. ISSUANCE OF SOLVENCY CERTIFICATE:

Rs. 310/- per lakh

Minimum- Rs. 1420/-

Maximum- Rs. 29500/-

20. INCIDENTAL CHARGES FOR IN-OPERATIVE A/C:

Particulars	Charges
i) Accounts maintaining stipulated minimum balance	Rs. 60/- per half year.
ii) Accounts not maintaining stipulated minimum balance	Rs 60/- per half year.
iii) If the balance falls below Rs 60/-	Entire amount

Note1 : If balance falls below Rs. 60/-, the entire balance is to be appropriated towards service charge and service tax and the account be closed under intimation account holder.
Note2 : All accounts which are dormant for a period of 2 years or more are to be treated as inoperative irrespective of whether such accounts have been transferred to an in-operative ledger or not and charges at the above rate to be realized.

21. Enquiry Related to Old Records:

Sl	Particulars	Charges
1	3 to 12 months old	Rs. 120.00 per item
2	Above 12 months up to 3 years	Rs. 170.00 per item
3	Above 3 years up to 7 years	Rs. 300.00 per item
4	Above 7 years	Rs. 410.00 per item

22. SMS ALERT/ATM CHARGES:

Sl	Particulars	Charges
1	SMS Alert- All financial transactions resulting in Debit/Credit in the account of SB,CD,CC, OD	Rs. 12/- per half year
2	ATM Charges
	i) Issuance of primary card	Free
	ii) Issuance of add on card (in case of joint account holders)	Rs. 220/-
	iii) Annual charges for primary & add on cards	Rs. 220/-
	iv) Duplicate Card (in case of lost damage cards)	Rs. 220/-
	v) Duplicate Pin issuance	NIL
	RULES FOR ATM OPERATIONS:
	i) Cash withdrawal from PNB ATM	No limit & No Charges
	ii) Transaction from other Bank ATM:
	a) 3 (three) per month	FREE of charge
	b) Above 3 transaction (for financial transaction)	Rs. 25/-per transaction
	c) Above 3 transaction (for non-financial transaction)	Rs. 12/- per transaction
	Transaction declined due to insufficient balance	Rs. 25/-

PART-II (SERVICE CHARGES ON LOANS AND ADVANCES)

1. PROCESSING CHARGE of Loan & Advances:

Particulars	Charges
(i)Fresh Working Capital Limit	Priority & Non Priority Sector
Up to Rs 50000/- For Priority Sector	Nil
a) Up to Rs 25000/- For Non Priority Sector (NPS)	Rs. 200/-
b) Above Rs 25000/- up to 2 Lakh	Rs. 300/-
c) Above Rs.2 Lakh	Rs. 370 /- per Lac or part thereof
d) Renewal of Working Capital	75% of Normal charges subject to maximum Rs 6.25 Lakh
(ii)Term Loan (to be realized at the time of sanction):	PRIORITY SECTOR
a) Up to Rs. 25000/- For Priority Sector	Nil
b) Above Rs. 25000/- up to Rs. 10.00 crore	1.18% of loan amount
Note: Processing Fee shall not be charged in case of SHISHU Category of loans up to Rs. 50000/- under PMMY.
(iii)Term Loan	NON-PRIORITY SECTOR
a) Up to Rs. 25000/- For Non Priority Sector (NPS)	Rs. 200/-
b) Above Rs. 25000/- up to Rs. 10.00 crore	1.18% of loan amount
(iv) Processing charges in case of enhancement of working capital limit – Priority & non priority Sector	Upto Rs. 2.00 lakh-NIL Above Rs. 2.00 lakh to Rs. 5.00 lakh or part thereof- Rs. 370/-per lakh Above Rs. 5.00 lakh & part thereof-Rs. 420/- per lakh- Maximum-Rs. 42.07 lakh
(v) Renewal charges working capital limit (without enhancement)- Priority & non priority Sector	Upto Rs.2.00 lakh-NIL Above Rs. 2.00 lakh to Rs. 5.00 lakh or part thereof- Rs. 370/-per lakh Above Rs. 5.00 lakh & part thereof-Rs. 420/- per lakh- Maximum-Rs. 42.07 lakh

2. SUPERVISION/INSPECTION CHARGES:

Particulars	Charges
Up to Rs. 25000/-	Rs. 50/- per inspection
Over Rs. 25000 to Rs. 1.00 Lakh	Rs. 170/- per inspection
Over Rs. 1.00 Lakh to Rs. 2.00 Lakh	Rs. 240/- per inspection
Over Rs. 2.00 Lakh to Rs. 5.00 Lakh	Rs. 360/- per inspection
Over Rs. 5.00 Lakh to Rs. 10.00 Lakh	Rs. 1780/- per inspection
Over Rs. 10.00 Lakh to Rs. 20.00 Lakh	Rs. 2960/- per inspection
Over Rs. 20.00 Lakh to Rs. 50.00 lakh	Rs. 4480/- per inspection
Over Rs. 50.00 Lakh to Rs. 2.00 crore	Rs. 8380/- per inspection
Over Rs. 2.00 crore	Rs. 17700/- per inspection
Outstation Inspection: In addition to the above charges, actual expenses paid by Bank Officials against TA, Haltage etc to be realized

3. MORTGAGE CHARGES:

Particulars	Charges
Up to Rs. 10 Lakh	Rs. 945/- per lakh
Above Rs. 10 Lakh to Rs. 5.00 crore	Rs. 17700/-

Note: Where Mortgage charges are realized, Documentation charges are not to be realized

Note: Lawyer’s /valuer’s fees and cost of stamps etc to be realized additionally on actual basis.

4. COMMITMENT CHARGES:

Particulars	Charges
(i) Term Loan All the existing and future borrowal accounts with overall credit limit of Rs.1.00 crore and above	0.59% per annum (pa) on the balance of Term Loan remaining undrawn vis-à-vis the draw down schedule for more than 90 days. To be realized at the end of each quarter (June, Sept, Dec, Mar)
(ii) Working Capital (Both Fund & Non-Fund Based) All the existing and future borrowal accounts with an overall credit limit of Rs.1.00 crore and above	(a) 0.59% per annum on the undrawn part, if average utilization during a quarter is below 80% and up-to 60% of both fund & non fund based overall working capital limit. To be realized at the end of each quarter (June, Sept, Dec, Mar) (b) 0.89% per annum on the un-availed portion, if average utilization during a quarter is below 60% of both fund & non-fund based overall working capital limit. To be realized at the end of each quarter (June, Sept, Dec, Mar)

Particulars

Charges

(i) Term Loan
All the existing and future borrowal accounts with overall credit limit of Rs.1.00 crore and above

0.59% per annum (pa) on the balance of Term Loan remaining undrawn vis-à-vis the draw down schedule for more than 90 days.

To be realized at the end of each quarter (June, Sept, Dec, Mar)

(ii) Working Capital (Both Fund & Non-Fund Based)
All the existing and future borrowal accounts with an overall credit limit of Rs.1.00 crore and above

(a) 0.59% per annum on the undrawn part, if average utilization during a quarter is below 80% and up-to 60% of both fund & non fund based overall working capital limit.

To be realized at the end of each quarter (June, Sept, Dec, Mar)

(b) 0.89% per annum on the un-availed portion, if average utilization during a quarter is below 60% of both fund & non-fund based overall working capital limit.

To be realized at the end of each quarter (June, Sept, Dec, Mar)

5. Prepayment of Term Loan:

Particulars	Charges
(except floating rate term loan of Individual borrower and Retail credit)	(a )Upto Rs. 10.00 lakh- NIL (b) Above Rs. 10.00 lakh- if loan is taken over, prepayment charges @ 1.18% to be realized To be realized at the end of each quarter (June, Sept, Dec, Mar)

6. Charges for giving copies of documents:

Particulars	Charges
(copies if sought by the customer)	Charges for copy of documents for submission to any authority – Actual photocopying charges + Rs.1180/-

7. Providing credit report at the request of client

Rs.1180/- per occasion

8. Bank Guarantee (Financial Guarantee):

Particulars	Commission
Up to Rs. 25 Lakh	@3.0% p.a. + Handling Charges of Rs. 300/-

Note:
i) minimum Bank Guarantee Commission is Rs. 500/-
ii) For bank Guarantee with 100% cash margin, the commission will be @25% of the applicable Charges as mention above.

All concerned are advised to note the changes in the above-referred service charges and give effect from 01.08.2018 with immediate displaying the changes in the notice Board.

PART- III: Concessions for Staff Members (Existing & retired)

(a) No Service Charge should be levied on transaction conducted by our staff members.

(b) No Service Charge should be levied on transaction conducted by staff members retired on superannuation.

Note: All out of pocket expenses to be recovered.

NOTICE:

WE MAKE CASH PAYMENT TO THE ACCOUNT HOLDER AGAINST CHEQUES DRAWN ON OTHER BRANCHES (INTERSOL) OF THE BANK FOR AN AMOUNT UPTO RS. 50, 000/-. PAYMENT OF ALL SUCH CHEQUES FOR AN AMOUNT ABOVE RS. 10,000/- IS SUBJECT TO PRODUCTION OF PAN CARD / PHOTO IDENTITY CARD PROOF BY THE ACCOUNT HOLDER