ANNEXURE-I BANK OF INDIA SERVICE CHARGES & FEES ON BASIC BANKING (EXCLUSIVE OF SERVICE TAX) W.E.F.15.12.2016 Sl No Item Revised Charges + SERVICE TAX @applicable rate I Issue of MICR Cheques SB 20 cheque leaves free in a year; AND thereafter charges will be Rs.3 per cheque leaf 2 Issue of MICR Cheques-CD/CC/OD * Rs.4/ per cheque leaf. 3 Issue of Pass Book/ Balance Certificate Issue of first Pass Book: Free. Statement: Once in a month - Free. e-statement: Free Charges of Rs.150/- for 40 entries or part thereof. Balance Certificate:Rs.150/- 4 Duplicate Pass Book/ Statement Rs.100/- uniformly for both individuals and Non- Individuals. 5 Stop Payment Instructions per instrument SB A/cs: Rs.100/- per cheque and Max.Rs.400/- per occasion. CD/CC/OD A/cs.: Rs.200/- per cheque and Max.Rs.500/- per occasion. 6 Balance Enquiry Free 7 A/c. closure before 12 months (A/c. transfer not included) Closure of a/c within 1 year Rs.200/- for SB a/cs. and Rs.500/- for CD a/cs. Closure after 1 year NIL 8 Cheques Return Charges Cheques drawn on us Upto Rs.1 lakh: Rs.250/-. Above Rs.1 lakh and upto Rs 1.00 Cr: Rs.500/-. Above Rs 1.00 Cr: Rs.750/- 9 Cheques / Bills deposited returned unpaid Upto Rs.1 lakh: Rs.250/-. Above Rs.1 lakh and upto Rs 1.00 Cr: Rs.500/-. Above Rs 1.00 Cr: Rs.750/- 10 Signature verification Rs.150/-per instance/ attestation/instrument. 11 No Dues Certificate Rs.150/- per occasion. For Agri. Borrowers / Priority sector : NIL 12 Issue of Demand Drafts Upto Rs. 5000/-: Rs. 25/- Above Rs. 5000/- to Rs. 10000/-: Rs. 50/- Above Rs. 10,000/- to Rs.1 lac : Rs. 5/- per 1000/- Minimum Rs. 55/-. Above Rs. 100000/- : Rs. 4/- per 1000/-. Minimum 505/-; Maximum 15000/- 13 Issue of DD against Cash 50% extra charges over applicable rates. 14 Revalidation/Cancellation of Drafts Upto Rs.100/- : Rs.18/- Rs.100/- to Rs.500/- : Rs.36/- Above Rs.500/- : Rs.89. 15 Issuance of Duplicate DD Rs.150/- per DD. Sl No Item Revised Charges + SERVICE TAX @applicable rate 16 Issuance of Payslip / Banker s cheque Upto Rs. 5000/-: Rs. 25/- Above Rs. 5000/- to Rs. 10000/-: Rs. 50/- Above Rs. 10,000/- to 1 lac : Rs. 5/- per thousand, Minimum Rs. 55/-. Above Rs. 100000/- : Rs. 4/- per thousand. Minimum 505/-; Max. 15000/- 1
17 Issue of Payslip / Banker s cheque against cash 50% extra charges over applicable rates as under : UPTO Rs.10000/- Non-Individuals :Rs.100/- Individuals (Non-Rural) : Rs.80/- Individuals (Rural) : Rs.60/- ABOVE Rs.10000/- UPTO Rs.50000/- : Rs.400/- Rs. 100/- per instrument. 18 Revalidation/Cancellation of Banker s Cheque 19 Issuance of Duplicate Banker s Cheque Rs.100/- per instrument. 20 Issue of Telegraphic Transfers Discontinued by the Post & Telegraph Department 21 Collection of Cheques Upto Rs. 5000/- : Rs. 25/- > Rs. 5000/- to 10000/- : Rs. 50/- > Rs. 10000 to Rs. 1 lac: Rs. 100/- > Rs 1 lac to Rs. 5 lac : Rs. 200/- > Rs. 5 lacs to 10 lacs : Rs. 225-/ > Rs. 10 lacs : Rs. 250/- 22 Collection of Bills Upto 10000/- : Rs.150/- >Rs.10000/- : Rs.10/- per 1000/- Minimum Rs.150/-; Maximum Rs.15000/- PLUS out of pocket expenses per bill. 23 Purchase of DD/Outstation Cheque a. Rs.500/- to Rs.5000/-: Rs.30/- per Cheque b. Above Rs.5000/- upto & incl. Rs.10000/-: Rs.60/- per cheque. c. Above Rs.10000/- upto & incl. Rs.1 lac Rs.100/- per Cheque. d. Above Rs.1 lac Rs.200 per Cheque. In addition, interest as applicable for clean overdraft will be charged for the days bank is out of funds. 24 Presentation of Usance Bills Rs.100/- 25 Postal Charges a) Ordinary Post: Actual, subject to Minimum Rs. 15/- b) Regd/Speed Post/courier: Actual, Minimum Rs.50/- c)fax- Actual, Minimum Rs.50/- 26 Inoperative account charges SB a/c NIL Current A/c: Linked to Avg. Qtly. Balance 27 Charges for excess Debit entries in SB accounts other than ADC Free Upto 50 customer induced debit entries per Half Year. Beyond 50 debitentries: Rs.10/- per entry. Sl No Item Revised Charges + SERVICE TAX @applicable rate 28 Standing Instructions (SI) Rs.50/- for execution of transaction and Rs.150/- in case of failure to execute such instruction. 29 Issue of Deposit at Call Receipt Nil (payable at branch of issue) 30 Cash Handling Charges for CA/CC/OD a/cs. SB: Nil. Cash deposit above Rs.1 lakh: Rs.1 per 1000/- or part thereof Min.100/-; Max.Rs.5000/- per transaction. 31 Safe Custody Charges: Sealed Covers: Rs. 350/- per cover per annum or part thereof. Sealed boxes: Rs. 3000/- per box per annum (size 200 cubic inch) Bank s own Deposit Receipt : No charges 32 Safe Custody Charges for Certificate of Rs.222/- per sheet issued in duplicate. 2
holding For additional copies: Rs.107/- per copy. 33 Collection of interest/dividend Same as existing; i.e., as under : 2.75% : Minimum: Rs.53/- per warrant For warrants upto Rs.53/- charges are discretionary. 34 Charges for transfer of shares Same as existing, i.e. Rs.107/- per transfer deed 35 Charges for deletion of deceased person s name, change in name, etc. in respect of corporate accounts Same as existing, i.e., Rs.222/- 36 Purchase/Sale of shares/securities Same as existing, i.e., 2.75%. Minimum : Rs.267/- per other than under Power of Attorney transaction executed in favour of the bank 37 Handling charges for Purchase/sale of shares/securities under Power of Attorney executed in favour of Bank Same as existing, i.e., 2.75%. Minimum. : Rs.267/- per transaction 38 Redemption of securities Same as existing, i.e., 2.75%. Minimum. : Rs.267/- per transaction 39 Safe Deposit Articles Smaller Box: 10X10X10 cms Rs.900/- p.a. per box 20X20X20 cms Rs.1800/- p.a. per box 30X30X30 cms -Rs.2700/- p.a. per box. 40 Safe Deposit Lockers Annual Charges For bigger boxes @ 80 ps per cu.cm Min.: Rs.5700/- p.a. Min.: 50% charges to be recovered if kept for a Quarter or part thereof. Separate schedule given as per ANNEXURE - II Sl No Item Revised Charges + SERVICE TAX @applicable rate 41 Solvency Certificate Commercial: Rs.300/- per lakh; Maximum Rs.20000/-. Non-commercial : Rs.300/- per lakh. 42 Photo Attestation Charges Rs.150/- per attestation. 43 Record copy of Cheque Rs.150/- per instance for all entries. 44 Interest Certificate First Certificate : Free. Additional Certificates : Rs.100/- per Certificate. 45 Enquiries relating to old records (more Rs.150/- per instance than 12 months old) 46 Payment of Deposit Receipts to another Bank UPTO Rs.10000/- Non-Individuals : Rs.45/- Individuals (Non-Rural) : Rs.36/- Individuals (Rural) : Rs.27/- ABOVE Rs.10000/- UPTO Rs.50000/- Non-Individuals : Rs.133/- Individuals (Non-Rural) : Rs.125/- Individuals (Rural) : Rs.111/- 3
47 Enquiries regarding old entries (more than 12 months old) ABOVE Rs.50000/- UPTO Rs.1 LAC Rs.3.56 per Rs.1000/- : Min.Rs.178/- ABOVE Rs.1 LAC: Rs.3.11 per Rs.1000/- : Min.Rs.311/ Max.Rs.8900/- Rs.250/- per instance 48 REMITTANCES RTGS-OUTWARD(through BRANCH) $ Below Rs.2 Lacs Rs.2 Lacs to Rs.5 Lacs Above Rs.5 Lacs ONLINE RTGS- OUTWARD(through NET) # RTGS - INWARD NEFT - INWARD NEFT-OUTWARD(through BRANCH) $ Upto Rs.10,000/- $ Above Rs.10,000/- UPTO Rs.1 Lac $ (Charges effective from 10.01.2016) Above Rs.1 Lac to Rs.2 Lac Above Rs. 2 Lacs ONLINE NEFT OUTWARD(through NET) # UPTO Rs.10,000/- # ABOVE Rs.10,000/- # NIL Rs. 22/-+applicable time varying tariff subject to a Max.of Rs. 27/- Rs.45/- +applicable time varying tariff subject to a Max of Rs.50/- (refer Cir.Ltr.no.2011-12/110 dtd.05.10.2011) Rs.5/- per transaction NIL (refer Cir Ltr No.2012-13/75 dtd.02/07/2012) NIL (refer Cir Ltr No.2012-13/75 dtd.02/07/2012) Rs.2.50 per transaction $ Rs.5.00 per transaction $ (Charges effective from 10.01.2016) Rs.15/- Rs.25/- Rs.2.50 per transaction # Rs.5.00 per transaction # 4
INWARD ECS INWARD : NIL FOR ALL CENTRES Non-individuals : Credit Clearing (per entry/item) NCC Clearing House : No Charge Destination Bank : No Charge Sponsor Bank : Rs.5.50 (Min. Rs.2500/-) Debit Clearing (per entry/item) NCC Clearing House : No Charge Destination Bank : No Charge Sponsor Bank : Rs.4.00 (Min. Rs.2500/-) ECS Returned NIL NIL No charge No Charge Rs.5.50 (Min.Rs.3000/-) No Charge No Charge Rs.4.00 (Min.Rs.2670/-) Rs.89/- per instrument Sl Item No 49 Ledger Folio Charges for CD A/cs Free Folios allotted per year for Avg. Balance: Upto Rs.25000/- Above Rs.25000/- to Rs.50000/-. Above Rs.50000/- to Rs.1 lac. Above Rs.1 lac to Rs.2 lac. Above Rs.2 lacs Revised Charges + SERVICE TAX @applicable rate Rs.100 per folio Nil 3 5 9 All Note: No Folio charges for: 1. Savings Banks accounts. 2. s maintained by RRBs (For 40 entries or part thereof to be treated as one ledger page) 50 Inter-Sol Charges Free for all transactions (Ref. Circular Ltr No.2012-13 / 75 dated 02/07/2012) 51 Miscellaneous Issuance of Duplicate Term deposit Receipt Rs.150/- per receipt. Addition/Deletion of name in SB A/cs SMS Alerts SDV Locker Rent- Overdue Charges Rs.100/- per occasion in line with other peer banks. Rs.15/- per quarter (if the number of SMSs go beyond 5 in a Quarter) from the customers registered for SMS Alerts. SMS Charges not applicable to A/cs of staff & Ex-Staff, A/cs opened under Prime Minister Jan Dhan Yojana (PMJDY) Scheme, Pensioners, Senior Citizens, Salary A/cs (SB-161-165) and SB-101 with Special Charge Code NOMIN. All the hirers as under: i. Where Annual Locker rental is upto Rs.1000/-: Rs.40/- per month or part thereof; 5
ii. Where Annual Locker rental is Rs.1000/- & above: Rs.60/- per month or part thereof 52 PENAL CHARGES for Non-Maintenance of Average Quarterly Bal. (AQB) in SB A/cs. Type of Savings Bank s Normal SB A/C With Cheque Without Cheque SAVING BANK ACCOUNT required (AQB) (AQB) of Rs.500/- (AQB) of Rs.100/- Penal charges for Non- Maintenance of Minimum AQB Rs.54/- per quarter Rs. 40/- per quarter BOI Senior Citizen Savings Bank With Cheque Without Cheque (AQB) of Rs.10,000/- Rs. 89/- per quarter Rs. 54/- per quarter BOI Star Mahila Savings Bank With Cheque Without Cheque (AQB) of Rs.5,000/- Rs. 89/- per quarter at all centres Rs. 54/- per quarter at all centres BOI Star Yuva Savings Bank With Cheque Without Cheque For Students up to 21 years:-nil Age group 21-35 years: - Rs.5,000/- in Metro/Urban Branches and Rs. 2500/- in Semiurban/Rural Branches For Students up to 21 years:- NIL Age group 21-35 years: Rs. 89/- per quarter Rs. 54/- per quarter BOI Capital Gain scheme,1988-sb A --- Rs. 267 (AQB) of Rs.1000/- 6
52 C O N T I N U E D PENAL CHARGES for Non-Maintenance of Average Quarterly Bal. (AQB) in CD A/cs. The slab structure for levy of penal charges on account of non-maintenance of stipulated balance in the account is as follows:- 1. Slab I: If the AQB in the account falls below 50% of the stipulated AQB, 100% of the charges shall be recovered. 2. Slab II: If the AQB in the account is maintained 50% and above but less than 75% of the stipulated AQB, 75% of the charges shall be recovered. 3. Slab III : If the AQB in the account is maintained 75% and above but less than 100% of the stipulated AQB, 60% of the charges shall be recovered. Basic Savings Bank ( No Frill s), Savings Bank Scheme for Pensioners (SB-121), BOI Saral Salary Scheme (SB-165), BOI Salary Plus Scheme (SB-163), Star Ratnakar Bachat Salary (SB-164), Jai Jawan Salary Plus Scheme (SB-161, SB-162), BOI Star Gurukul Savings Bank (SB - 163 with Special Charge Code GURU ) and Staff Salary s (SB-111) shall remain exempted from minimum balance stipulation/ charges. Type of current Penal Charges s AQB Requirement Normal Current SILVER Current GOLD Current GOLD PLUS Current DIAMOND Current DIAMOND PLUS Current PLATINUM Current PLATINUM PLUS Current Metro-Rs. 5000/-, Urban - Rs. 2500/-, Semi-Urban Rural/ Rs. 1000/- Rs. 20,000/- to less than Rs.50,000/- Rs. 50,000/- to less than Rs.1,00,000/- Rs. 1,00,000/- to less than Rs.2,00,000/- Rs. 2,00,000/- to less than Rs.5,00,000/- Rs. 5,00,000/- to less than Rs.10,00,000/- Rs.10,00,000/- to less than Rs.20,00,000/- Rs. 20,00,000/- and above 1. Metro Branches:- Rs. 600/-+Applicable service tax per quarter, if the AQB is less than Rs. 5000/- 2. Urban/Semi-Urban Branches:- Rs. 500/- +Applicable service tax per Quarter, if the AQB is less than Rs. 2500/- 3. Rural Branches: - Rs. 350/- +Applicable service tax Quarter per, if the AQB is less than Rs. 1000/-. Penal Charges for Star Benefit CD Plus : AQB-Rs.5000/-) : Rs. 600/-+Applicable service tax per quarter Penal Charges for Star Crystal CD A/c for Diamond Traders AQB-Rs.5000/-) : Rs. 600/-+Applicable service tax per quarter Penal Charges for Current Plus Deposit Scheme AQB-Rs.2.00Lac): Rs. 1000/-+Applicable service tax per quarter 7
53 NEFT/RTGS-OUTWARD Transaction Charges (through Branch) Applicable to TIERISED CD A/cs Penal Charges for Super Current Plus Deposit Scheme AQB-Rs.35.00Lac):: Rs. 5000/-+Applicable service tax per quarter TIERISED CD s under Scheme Code CD-201,CD-209 & CD-211: AQB below Rs.20,000/- : Standard charges of NEFT-RTGS Outward to apply SILVER 90% of the Normal charges of NEFT-RTGS Outward to apply GOLD 80% of the Normal charges of NEFT-RTGS Outward to apply GOLD PLUS 70% of the Normal charges of NEFT-RTGS Outward to apply DIAMOND 50% of the Normal charges of NEFT-RTGS Outward to apply DIAMOND PLUS 40% of the Normal charges of NEFT-RTGS Outward to apply PLATINUM & PLATINUM PLUS BOTH A/CS. FREE OF CHARGE #- Pl. refer overleaf for detailed list of category of SB & CD A/c. Schemes and of Staff including Ex-Staff for whom charges have been waived for Online NEFT / RTGS Outward Transactions (through INTERNET ( NET ) Banking) # - ONLINE NEFT / RTGS OUTWARD TRANSACTION CHARGES will not be applicable to A/cs. of Staff and Ex-Staff and also to Savings Bank Schemes viz. BOI Jai Jawan Salary Plus, BOI Salary Plus, BOI Saral Salary, BOI Star Senior Citizen (SB-166), BOI Star Mahila (SB-167), BOI Gurukul, SB Pensioner (SB-121), BOI STAR YUVA (SB-116), Ratnakar Salary, Star Diamond and BOI Suraksha SB Plus and Current A/c. Schemes (Tierised Current A/c. Category NORMAL TO PLATINUM PLUS), Star Benefit CD Plus, BOI CD Plus, Super CD Plus and Crystal Current A/c.) #- Detailed list of category of SB & CD A/c. Schemes and of Staff including Ex-Staff for whom charges have been waived for Online NEFT / RTGS Outward Transactions (through INTERNET ( NET ) Banking) CHANGES MARKED WITH # & $ APPEARING UNDER ITEM NO.48 ON PAGE NO.5 ARE AS PER THE APPROVAL DATED 04.12.2015 ACCORDED BY MD&CEO AND ED ON THE MEMORANDUM NO.HO:MKT:AS:2015-16:21 DATED 02.12.2015 PUT UP BY MARKETING DEPARTMENT, HEAD OFFICE. Savings Bank Scheme 1.BOI Jai Jawan SALARY PLUS 2.BOI Salary PLUS 3.BOI Saral Salary 4.BOI Senior Citizen (SB 166) 5.BOI Star Mahila (SB 167) 6.BOI Gurukul 7.SB Pensioner (SB 121) 8.BOI Star Yuva (SB 116) 9.Ratnakar Salary 10.Star Diamond 11.BOI Star Suraksha SB PLUS 12.BOI Super Saving PLUS Current A/c. Schemes 1.Normal 2.Silver 3.Gold 4.Gold Plus 5.Diamond 6.Diamond Plus 7.Platinum 8.Platinum Plus 9.Star Benefit CD Plus 10.BOI CD Plus 11.Super CD Plus 12.Crystal Current $ - RTGS/NEFT Outward Transactions thro Branch is FREE for BOI Salary PLUS A/c Scheme for Para Military Forces (SB-163 Spl Charge Code-0201) & Jai Jawan Salary PLUS A/c Scheme (SB 161 & SB 162) as mentioned vide Br.Cir.Nos.108/199 dt.29.01.2015 & 109/41 dt.12.05.2015 respectively. #- Pl. refer overleaf for detailed list of category of SB & CD A/c. Schemes and of Staff including Ex-Staff for whom charges have been waived for Online NEFT / RTGS Outward Transactions (through INTERNET ( NET ) Banking) # - ONLINE NEFT / RTGS OUTWARD TRANSACTION CHARGES will not be applicable to A/cs. of Staff and Ex-Staff and also to Savings Bank Schemes viz. BOI Jai Jawan Salary Plus, BOI Salary Plus, BOI Saral Salary, BOI Star Senior Citizen (SB-166), BOI Star Mahila (SB-167), BOI Gurukul, SB Pensioner (SB-121), BOI STAR YUVA (SB-116), Ratnakar Salary, Star Diamond and BOI Suraksha SB Plus and 8
Current A/c. Schemes (Tierised Current A/c. Category NORMAL TO PLATINUM PLUS), Star Benefit CD Plus, BOI CD Plus, Super CD Plus and Crystal Current A/c.) #- Detailed list of category of SB & CD A/c. Schemes and of Staff including Ex-Staff for whom charges have been waived for Online NEFT / RTGS Outward Transactions (through INTERNET ( NET ) Banking) Savings Bank Scheme 1.BOI Jai Jawan SALARY PLUS 2.BOI Salary PLUS 3.BOI Saral Salary 4.BOI Senior Citizen (SB 166) 5.BOI Star Mahila (SB 167) 6.BOI Gurukul 7.SB Pensioner (SB 121) 8.BOI Star Yuva (SB 116) 9.Ratnakar Salary 10.Star Diamond 11.BOI Star Suraksha SB PLUS 12.BOI Super Saving PLUS Current A/c. Schemes 1.Normal 2.Silver 3.Gold 4.Gold Plus 5.Diamond 6.Diamond Plus 7.Platinum 8.Platinum Plus 9.Star Benefit CD Plus 10.BOI CD Plus 11.Super CD Plus 12.Crystal Current $ - RTGS/NEFT Outward Transactions thro Branch is FREE for BOI Salary PLUS A/c Scheme for Para Military Forces (SB-163 Spl Charge Code-0201) & Jai Jawan Salary PLUS A/c Scheme (SB 161 & SB 162) as mentioned vide Br.Cir.Nos.108/199 dt.29.01.2015 & 109/41 dt.12.05.2015 respectively. Please importantly note : Temporary Overdrafts (TODs) / Drawing against Unclear Effects : In respect of accounts with more than 6 months old, this facility may be extended as per the Branch Circular No.107/163 dated 22.11.2013. But this facility to be used as a tool with a discretion to attract and retain good business. NOTE - I :- 1. Concessions/ facilities offered under various deposit schemes to continue until further notice, also concessions available for Staff and Ex-staff will continue. 2. Authority to offer concession in service charges to be exercised as per Branch Circular No. 98/26 of 21.05.2004 and 98/119 dtd.15.09.2004 3. Cash Deposit at other CBS branches will attract the same charges as given under Cash Handling Charges 4. New locker rentals would be applicable from the date of renewal. If the locker rent falls in arrears and is paid after the implementation of revised rates, the new/ revised rates will be applicable. 5. If any bills are sent by our upcountry branches for collection, charges to be shared by the branches in the ratio of 50:50. Postage will be actual. 9
6. Please refer to Br.cir.no.101/218 dtd.29.03.2008 SB Inoperative accounts. NOTE - II :- Various Concessions/ facilities offered under various heads of service charges to continue for following categories of s/ Schemes: Concessions/ facilities extended to Tierised current s and Other current s as per Master circular on Current Deposits (109/201 dt. 01.02.2016) Jai Jawan Salary Plus Scheme (SB-161, SB-162) as modified Branch Cir No. Branch Circular No.109/41 dated 12.05.2015 BOI Salary Plus Scheme, BOI Saral Salary Scheme and BOI Star Gurukul Savings Bank (SB - 163 with Special Charge Code GURU ) vide Branch Cir No. 108/199 dated 29.01.2015 Savings Bank Scheme for Pensioners (SB-121) as modified vide Branch Cir. No. 107/143 dated 23.10.13 BOI Senior Citizen Savings Bank (SB- 166) vide Branch Cir. No. 107/106 dated 13.09.2013 BOI Star Mahila Savings Bank (SB- 167) vide Branch Cir. No. 107/107 dated 13.09.2013 Star Ratnakar Batchat Salary (SB-164) vide Circular Letter No. 2012-13/ 179 dated 17.10.2012 The penal charges on account of non-maintenance of minimum balance i.e. Rs 25,000 in BOI Saving Plus Scheme and Average of Rs. 5 lac in Super Saving Plus Deposits shall be levied as Rs 177.99/- + service tax @14% in BOI Saving Plus Scheme and Rs. 444.99/- +service tax@14% in Super Saving Plus Deposits, respectively. 10
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