STATE BANK OF INDIA, RETAIL BRANCH, KINGDOM OF BAHRAIN REVISED SERVICE CHARGES AND FEES W.E.F Deposit Accounts

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1 STATE BANK OF INDIA, RETAIL BRANCH, KINGDOM OF BAHRAIN REVISED SERVICE CHARGES AND FEES W.E.F Savings Bank Account Monthly Minimum Weighted Average Balance Monthly charges for Non- Maintenance of above Closure of Account before Deposit Accounts BHD per month BHD per month * completion of 1 year * At present, we are not charging minimum balance charges considering our customer base. Current Account Monthly Minimum Weighted Average Balance Monthly charges for Non- Maintenance of above Closure of Account before completion of 1 year Overdrawn Charges (Monthly) SBBR State Bank Base Rate = 8% p.a. BHD per BHD per month month BHD per month BHD per month BHD Minimum BHD 10/- Minimum BHD 10/- Cheque Book Issue Charges Small (25 leaves) For BHD per book * personal segment only Medium (50 leaves) For BHD per book * Corporate Accounts Large (100 leaves) For BHD per book * Corporate Accounts Cheque Return Charges for Inward Cheques BHD per cheque BHD per cheque Cheque Return Charges for Outward Cheques Stop Payment of cheque BHD per request BHD per request * To cover the enhanced cost of printing of cheques and BCTS charges. Page 1 of 9

2 Pre-mature withdrawal of Fixed Deposits applicable to both Individual and Corporate For Individual For Corporate Pre-mature withdrawal Fixed Deposits Standing Instructions No interest shall be paid on premature withdrawal of term deposit, unless the deposit has run for a minimum period of 1 month. On premature withdrawal after 1 month, interest shall be paid for the period for which the deposit has run, at 0.25% below the rate applicable for the period, prevailing as on the date of contracting the deposit subject to recovery of unwinding cost, if any, in full. Page 2 of 9 No interest shall be paid on premature withdrawal of term deposit, unless the deposit has run for a minimum period of 1 month. On premature withdrawal after 1 month, interest shall be paid for the period for which the deposit has run, at 0.25% below the rate applicable for the period, prevailing as on the date of contracting the deposit subject to recovery of unwinding cost, if any, in full. Internal Standing Instruction between the Branch Accounts Registration of Standing Instruction Amendment to Standing Instructions Penalty for Nonmaintenance BHD for each BHD for each instance of instance of non- of non-execution of the sufficient funds in the execution of the instruction for want of account for execution of standing instructions instruction for want of sufficient funds sufficient funds External Standing Instruction to Accounts with other local bank BHD per BHD per Execution of Standing Instruction Remittances INR Remittance to India INR TT Remittance BD (USD 2.65) per Issuance of INR Draft BD (USD 2.65) per Individual Corporate BD (USD 2.65) per BD (USD 2.65) per

3 Cancellation / Revalidation of INR Draft Non-INR Remittance USD TT Remittance Below USD 10,000 BHD (USD 7.95) per USD 10,000 and above BHD (USD 13.25) per Other Currency TT Remittance BHD per (To be shared at BD 1+4 between Retail Branch & WBB) Branch & WBB) Local RTGS Remittance in BHD per BHD per BHD Banker s Cheque / Manager s Cheque / Certified Cheque Issuance BHD per BHD per Cancellation / Revalidation Cheque Collection Charges Below USD 10,000 BHD (USD 13.25) per USD 10,000 and above BHD (USD 21.20) per BHD per (To be shared at BD 4+4 between Retail Local Cheques through Clearing / BCTS Outstation Cheques 0.10% of the cheque Minimum BHD 3.000, No Maximum 0.10% of the cheque Minimum BHD 3.000, No Maximum Safe Deposit Locker Charges Small Size (6 x 4.6 x 21 ) Medium Size (13 x 4.6 x 21 ) Large Size (13 x 10.6 x 21 ) Loss of key of Locker / Locker Break Open Charges Individual BHD per annum BHD per annum BHD per annum BHD Actual charges of vendor for breaking / installing new lock Corporate BHD per annum BHD per annum BHD per annum BHD Actual charges of vendor for breaking / installing new lock Page 3 of 9

4 ATM / Online Banking Charges ATM Annual Fee for ATM Card Issuance of ATM Card 1 st Instance ATM Card BHD per request Replacement Re-issuance of PIN BHD per request Access to SBI ATM in Bahrain Access to SBI Group ATMs in India Access to Other Bank ATMs in Bahrain BHD per * Access to ATMs in BHD per other GCC Countries Online Banking Issuance of Kit 1 st Time Reissue of Kit BHD per request BHD per request (* - At present this charge is not being passed to the customers. However, we propose to pass this charge to the per after allowing first 3 s in a month free, with effect from ) Statement / Certificates Individual Corporate Audit Confirmation Certificate BHD per Balance Confirmation Certificate BHD per Solvency Certificate BHD per Account Maintenance Certificate Issue of Duplicate Statement Verification of Documents Credit opinion BHD per BHD per Page 4 of 9

5 Personal Loan to Individual Administration Fees/ File Fees/ Processing/Handling Fees Existing Fees and Charges 0.75% of Loan amount Min. BD 150/- Revised Fee and Charges As per table below Up to BD 5,000/- BD 50/- BD 5,001/- to BD 10,000/- BD 100/- BD 10,001 to BD 15,000/- BD 125/- Above BD 15,000/- BD 150/- Arrangement Fees Benefit Fees Life Insurance Max % of loan amount per month collected as single premium upfront As per the premium rates for Group Insurance Policy for Personal Loans (Max % of loan amount per month for a period of 60 months collected as single premium upfront) Insurance charges Loan increase (top-up) 0.75% of Loan amount BD 25/- charges Min. BD 150/- Loan re-scheduling 0.75% of Loan amount BD 50/- charges Partial settlement charges (Partial payment) Early settlement fees Postponement (Deferment)of installment Past due charges (Late payment fees) Exception processing charges* Balance outstanding letter No-objection Certificate (Release letter) Min. BD 150/- 1% of the amount prepaid Max. BD 100/- 1% of the loan outstanding Max. BD 100/- Not permitted BD 10/- BD 5/- Lower of 1% of the amount prepaid or BD 100/- Lower of 1% of the amount prepaid or BD 100/- Not permitted Once in a year is free, BD 5/- per additional instance in a year Financing Cancellation Changing Payment Due Date Retrieval of customer old loan record* BD 10/- Lower of actual cost incurred by the Bank or BD 5/- Duplicate Letter (any duplicate of original document) BD 10/- Lower of actual cost incurred by the Bank or BD 5/- Page 5 of 9

6 Auto Loan to Individual Administration fees /Processing Fees Fees and Charges 1.00% of Loan amount Min. BD 200/- Revised Fee and Charges Up to BD 7,000/- BD 75/- BD 7,001/- to BD BD 100/- 15,000/- BD 15,001 to BD BD 150/- 20,000/- Above BD 20,000/- BD 200/- Administration fees New Cars Administration fees Used Cars Life Insurance Max % of loan amount per month collected as single premium upfront Insurance Fees Insurance charges Re-scheduling fees 1.00% of Loan amount Min. BD 200/- BD 50/- Partial settlement charges (Partial payment) Early settlement fees Past due charges (Late payment fees) Postponement (Deferment)of installment Changing Payment Due Date 1% of the loan outstanding Max. BD 100/- 1% of the amount prepaid Max. BD 100/- BD 10/- BD 5/- Not permitted As per the premium rates for Group Insurance Policy for Auto Loans (Max % of loan amount per month for a period of 84 months collected as single premium upfront) Lower of 1% of the amount prepaid or BD 100/- Lower of 1% of the amount prepaid or BD 100/- Not permitted Balance Certificate Balance outstanding letter Account Statement Replacement of collateral Certificate of loan completion No-objection Certificate (Release letter) Traffic (Vehicle) Release letter Duplicate Letter (any duplicate of original document) BD 10/- Once in a year is free, BD 5/- per additional instance in a year Lower of Actual cost incurred by the Bank or BD 5/- Page 6 of 9

7 Mortgage Loan - We are not offering Mortgage Loan at present Administration fees / Application fees/processing Fees Valuation Fees Property Notarization Fees Property registration fees Handling Fees Life Insurance Insurance charges Loan increase (top-up) charges Re-scheduling charges (restructuring chargers) Partial settlement charges Early settlement fees Postponement (Deferral) of installment Past due charges Outstanding balance letter Balance Certificate Release Letter (Certificate of no-loan) Duplicate Bank Statement Copy of title deed Release of title deed or amend any credit approval condition Fees and Charges NOT APPLICABLE Loan Processing Fees Demand Loan/ Overdraft against Deposits with Branch (BHD/USD) NRE-TD/FCNR (B) for Individual Page 7 of 9

8 Applicable to Corporate Inward Clean Collection Loans and Advances Against Payment Against Acceptance 0.1% of bill amount, Min. BHD 25/- 0.1% of bill amount, Min BHD 25/- Documentary Collection Against Payment (D/P) 0.1% of bill amount, Min. BHD 25/- Against Acceptance (D/A) 0.1% of bill amount, Min. BHD 25/- Delivery of documents 0.1% of bill amount, Min. BHD 25/- Free of payment Documents returned unpaid to BHD 25/- + Courier Expenses remitter Letter of Credit Advising Letters of Credit BHD Advising Amendments BHD LC issuance Charges (including enhancement in value/expiry date) 0.125% pm or part thereof of Bill amount with a minimum of BHD 25/- Amendment of LCs (excluding value and expiry period) BHD 25/- Confirmation Fee 0.125% pm or part thereof of Bill amount with a minimum of BHD 25/- Acceptance / deferred payment commission 0.20% of LC amount plus interest, Min. BHD 25/- Negotiation Commission 0.20 % of the Bill Amount for the tenor Transfer of L/C BHD 25/- Cancellations BHD 25/- SWIFT Charges Post Dated Cheques Purchase / Discounting of Post Dated Cheque 1% above SBBR for stray cases OR as per specific sanction of credit facilities. Page 8 of 9

9 Bank Guarantees Issuing / Extension of Performance / Financial Guarantee / Bid Bond 0.125% pm or part thereof of BG amount with a minimum of BHD 25/- Loan Processing Fees Demand Loan/ Overdraft against Deposits with Branch (BHD/USD) NRE-TD/FCNR (B) Working Capital Advances Term / Corporate Loan (onetime charge) Fresh/Enhancement of the facility amount Min BHD 250/- or equivalent in USD. Renewal at existing level of the facility amount Min BHD 250/- or equivalent in USD. 1% of the loan amount, Min BHD 250/- Other Advance Related Service Charges Inspection charges Pre-payment penalty for Term Loans Commitment charges - Working capital - Term loan Rate of interest (SBBR-State Bank Base Rate = 8% at present) Penal interest Administration Charges On actuals 1% of the loan amount prepaid % if the half-yearly average utilization in the account is less than 60% of the sanctioned limit - 1% of the amount undrawn if the drawdown is delayed by more than 6 months of the scheduled disbursement date(s) Linked to Credit Rating and SBBR As per the terms of the approval. Page 9 of 9