The Greater Bombay Coop Bank Ltd.
(Scheduled Bank)

Service Charges w.e.f. 1st August, 2006


Name of the bank

The Greater Bombay Co-Op. Bank Ltd.

Savings Bank A/c - No frills A/c


Minimum Balance

Rs.10/-

Charges for non maintenance thereof

NIL

Saving Bank Accounts with Cheque facility


Minimum Balance

Rs. 500/-

Charges for non maintenance thereof

Rs. 55 per quarter

Saving Bank Accounts without Cheque facility


Minimum Balance

Rs. 250/-

Charges for non maintenance thereof

Rs. 55 per quarter

Other savings bank account facilities


Issue of Duplicate Statement

Rs. 11/- per page with present balance

Rs. 17/- per page for previous entries.

(30 computer entries equal to one page)

Issue of loose cheque leaves

NIL

Issue of duplicate pass book



Rs. 11/- per page with present balance

Rs. 17/- per page for previous entries.

(30 computer entries equal to one page)


Mode of calculation of minimum balance

Min between 10th and last day of the of the month/quater.

Remittance Facilities through own bank


DD- Issue

N.A.

DD-Cancellation

N.A.

DD-Duplicate

N.A.

DD-Revalidation

N.A.

PO – Issue

Upto Rs. 10000/-:Rs. 22/-

Above Rs. 10000/- to Rs. 100000/-: Rs. 22/- + Rs. 1.10 per 1000 above Rs. 10000/-

Max Rs. 110/-

Above Rs. 100000/-:Rs. 110/- + 55 paise per 1000 above Rs. 1 lac

Maximum Rs. 3306/-

PO-cancellation

Rs. 11/-

PO-Duplicate

Rs. 28/-

PO-Revalidation

Rs. 28/-

TT – Issue

N.A.

TT – Cancellation

N.A.

TT-Duplicate

N.A.

TT-Revalidation

N.A.

EFT Charges- inward

NIL

EFT Charges- outward

Rs. 11/- per transaction

RTGS-Outward

Same as P.O. charges

RTGS-Inward

NIL

Collection of Cheques

As per cheque collection charges shown separately.

Remittance Facilities through other bank


DD- Issue

Upto Rs. 1000/- = Rs. 17/-

Rs. 1001/- to Rs. 5000/- = Rs. 22/-

Rs.5001/- to Rs.10,000/- = Rs.28/-

Rs.10001/- to Rs.100000/- = Rs.1.65 per thousand + Rs.10/-

Rs.100001/- to Rs.10.00 lakhs = Rs.1.10 per thousand + Rs.10/-

(Min Rs.150+15 =Rs.165/-)

Above Rs.10.00 lakhs – Rs.1.10 per thousand (Min Rs.1000 + 102 = 1102/-)

DD-Cancellation

Rs.11/-

DD-Duplicate

Rs.22/-

DD-Revalidation

Rs.11/-

PO – Issue

N.A.

PO-cancellation

N.A

PO-Duplicate

N.A.

PO-Revalidation

N.A

TT – Issue

N.A

TT – Cancellation

N.A

TT-Duplicate

N.A.

TT-Revalidation

N.A.

EFT Charges- inward

N.A.

EFT Charges- outward

N.A

RTGS-Outward

N.A

RTGS-Inward

N.A

Collection of Cheques

N.A

Foreign Exchange Transactions


Remittance Outward


Remittance Inward

Rs. 150/ per transaction TT

TCs – Selling

N.A.

TCs – Encashing

N.A.

TCs - Foreign Currency

N.A.

Cheque Collection


Local

N.A.

Outstation through own bank

N.A.

Outstation through another bank

Upto Rs 500/-: Rs 6/-

Rs 501-1000 : Rs 11/-

Rs 1001-5000: Rs 22/-

Rs 5001 – 10000 : Rs 33/-

Rs 10001 – Rs 100000/- : Rs 3.50 per thousand.

More than Rs 1lac: Rs 3 per thousand., maximum Rs 3000/-

Bouncing of cheques- Local

Rs 28 + actual postage.

Bouncing of cheques- outstation- through own bank

NA

Bouncing of cheques- outstation- through another bank

Rs 28/- per cheque + actual postage

Retail Loan


Loan Processing Charges

Upto Rs 50000/- : Rs 110/-

Rs 50001 to Rs 1 Lac: Rs Rs 276/-

Rs 1lac to Rs 2 lacs: Rs 551/-

Above Rs 2 Lacs: 0.28% of the limit applied for, maximum Rs 137750/-

Prepayment Charges

No Prepayment Charges.

No due Certificate

Rs 55/-

Solvency Certificate

Up to Rs 3 Lacs: Rs 551/-

Rs 3 to 5 Lacs : Rs 827/-

Rs 5 to 10 Lacs : Rs 1653/-

Rs 10 to 25 Lacs : Rs 3306/-

Rs 25 to 50 Lacs : Rs 5510/-

Above Rs 50 lacs : Rs 8265/-

Charges for late payment of EMI

@ 16.50% for the no of delayed days.

Charges for changing from fixed to floating rates of interest

N.A.

Charges for changing from float to fixed rates of interest

N.A.

Cards


ATM


Membership fee

N.A.

Annual Fee

Nil

Renewal Charges

Nil

Late Payment Charges

NA

Interest Charges

N.A.

Replacement charges

Rs 110/-

Transaction Charge for Partner banks

N.A.

Transaction Charge for Non-Partner banks

N.A.

Credit Card


Membership fee

N.A.

Annual Fee

N.A.

Renewal Charges

N.A.

Late Payment Charges

N.A.

Interest Charges

N.A.

Replacement charges

N.A.

Cash withdrawal

N.A.

Debit Card


Membership fee

N.A.

Annual Fee

N.A.

Renewal Charges

N.A.

Late Payment Charges

N.A.

Replacement charges

N.A.

Cash withdrawal

N.A.

MISCELLANEOUS


Balance enquiry

Nil

Balance Certificate

Rs 22/- per certificate for individual.

Rs 33/- per certificate for others.

Interest Certificate

N.A.

Account closure

S.B A/c Rs 55/- closed within one year.

Rs 22 after one year

CA A/c Rs 110/- closed within one year.

Rs 55/- after one year

Use of Fax/Telephone/Modem

N.A.

Photo attestation

N.A.

Signature attestation

Rs. 11/-

Stop Payment Charges

SB Rs 28/-, CA Rs 55/-

Inoperative account

SB Rs 55 per half year.

CA Rs 110 per half year.