ANNEXURE-I BANK OF INDIA SERVICE CHARGES & FEES ON BASIC BANKING (EXCLUSIVE OF SERVICE TAX) W.E.F

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1 ANNEXURE-I BANK OF INDIA SERVICE CHARGES & FEES ON BASIC BANKING (EXCLUSIVE OF SERVICE TAX) W.E.F Sl No Item Proposed Charges + SERVICE rate I Issue of MICR Cheques SB 50 cheque leaves free in a year; AND thereafter charges will be Rs.3.56 per cheque leaf 2 Issue of MICR Cheques-CD/CC/OD * Rs.3.56 per cheque leaf 3 Issue of Pass Book/ Balance Certificate Issue of Pass Book FREE Statement Once in a month FREE Daily/ Weekly/ fortnightly: One Statement FREE Subsequent statements Rs.107/- for 40 entries or part thereof Issue of Balance Certificate Rs.107/- 4 Duplicate Pass Book/ Statement With latest Balance Rs.80/- For Non-Individuals With latest Balance Rs.67/- For Individuals 5 Stop Payment Instructions per instrument Rs.142/- For Non-Individuals *Max Rs.534/- per occasion Rs.107/- For Individuals *Max Rs.329/- per occasion (*range of Chqs / Stop Payment) 6 Balance Enquiry FREE 7 A/c. closure before 12 months (A/c. transfer not included) 8 Cheques Return Charges Cheques drawn on us For Closure of SB Accounts before 12 months: Rs. 222/- for all centres i.e. M,U,SU,R (SB A/Cs under Financial Inclusion should not be charged under this head) Closure of CD A/cs before 1 Year Rs.445/- for all centres i.e. M,U,SU,R In terms of para 8.1 (a) (charging the A/c) of the Code of Bank s Commitment to Customers, 2009, banks are committed not to levy any charges for closure of Accounts within 14 days from the date of opening of the A/c. Local Cheques : Upto Rs.10000/- : Rs.22/- per Cheque Rs to Rs.1 Lac : Rs.89/- per Cheque Rs & above :Rs.133/- per Cheque 1

2 Sl Item Proposed Charges + SERVICE rate No 9 Cheques / Bills deposited returned unpaid Local & Outstation: Upto Rs.10000/- : Rs.22/- per Cheque Rs.10000/- to Rs.1 Lac : Rs.89/- per Cheque Rs & above : Rs.134/- per Cheque 10 Signature verification Non-Individuals : Rs.80/- Individuals (Non-Rural) : Rs.67/- Individuals (Rural) : Rs.44/- 11 No Dues Certificate Agriculture borrower FREE (as per RBI guidelines) Others : Rs.160/- per certificate REMITTANCE FACILITY Proposed charges + SERVICE rate 12 Issue of Demand Drafts UPTO Rs.10000/- Non-Individuals :Rs.44/- Individuals (Non-Rural) : Rs.36/- Individuals (Rural) Rs.27/- ABOVE Rs.10000/- UPTO Rs.50000/- Non-Individuals : Rs178/- Individuals (Non-Rural) : Rs.156/- Individuals (Rural) Rs.133/- ABOVE Rs.50000/- UPTO Rs.1 LAC Rs.3.56 per Rs.1000/- Min.Rs.200/- ABOVE Rs.1 LAC Rs.3.11 per Rs.1000/- Min.Rs.356/- Max.Rs.26700/-- NOTE - FOR STUDENTS : Issue of DDs upto Rs.1000/-: FREE 13 Issue of DD against Cash UPTO Rs.10000/- Non-Individuals : Rs.67/- Individuals (Non-Rural) : Rs.53/- Individuals (Rural) : Rs.40/- ABOVE Rs.10000/- UPTO Rs.50000/- Non-Individuals : Rs.267/- Individuals (Non-Rural) : Rs.236/- Individuals (Rural) : Rs.200/- NOTE FOR STUDENTS : Issue of DDs upto Rs.1000/- : FREE 14 Revalidation/Cancellation of Drafts Upto Rs.100/- : Rs.18/- Rs.100/- to Rs.500/- : Rs.36/- Above Rs.500/- : Rs.89/- 2

3 Sl Item Proposed Charges + SERVICE rate No 15 Issuance of Duplicate DD Rs.107/- 16 Issuance of Payslip / Banker s cheque 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/- 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/- NOTE - FOR STUDENTS : Issue of POs upto Rs.1000/- : FREE 17 Issue of Payslip / Banker s cheque against cash UPTO Rs.10000/- Non-Individuals :Rs.67/- Individuals (Non-Rural) : Rs.53/- Individuals (Rural) : Rs.40/- ABOVE Rs.10000/- UPTO Rs.50000/- : Rs.267/- NOTE - FOR STUDENTS : Issue of DDs upto Rs.1000/- : FREE Non-Individuals :Rs.67/- Individuals (Non-Rural) : Rs.53/- Individuals (Rural) : Rs.40/- ABOVE Rs.10000/- UPTO Rs.50000/- : Rs.267/- NOTE - FOR STUDENTS : Issue of DDs upto Rs.1000/- : 18 Revalidation/Cancellation of Banker s Cheque FREE Upto Rs.100/- : Rs.18/- Rs.100/- to Rs.500/- : Rs.36/- Above Rs.500/- : Rs.89/- 19 Issuance of Duplicate Banker s Cheque * Non-Individuals Rs.107/- Individuals Rs. 80/- 20 Issue of Telegraphic Transfers We have deleted this since telegraphic facility stands discontinued by the Post & Telegraph Department 3

4 Sl Item Proposed Charges + SERVICE rate No 21 Collection of Chqs a.rs.500/- to Rs.5000/- : Rs.27/- per Cheque b.above Rs.5000/- & upto & incl.rs.10000/- Rs.53/- per Cheque c.above Rs.10000/- & upto & incl. Rs.1 Lac : Rs.107/- per Cheque d.above Rs.1 Lac : Rs.160/- per Cheque 22 Collection of Bills Upto Rs.10,000/- : Rs.222/- Above Rs.10,000/-& upto Rs.1 Lakh Rs.15 per thousand : Min. 222/- Above Rs.1 Lac : Rs.11 per 1000 bills Min.Rs.1602/- & Max.Rs PLUS out of pocket expenses per bill 23 Purchase of DD / Outstation Cheque a.rs.500/- to Rs.5000/- Rs.27/- per Cheque b.above Rs.5,000/-upto & incl. Rs.10000/- : Rs.53 per Cheque c.above Rs upto & incl. Rs.1Lac Rs.107 per Cheque d.above Rs.1 Lac Rs.160 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 Rs.222/- Bills 25 Postal Charges Ordinary post: Rs.22/- -; Registered / Courier (inland): Rs.40/- 26 Inoperative Account ---Not Applicable-- Charges 27 Charges for excess debit entries in Savings Bank account ATM / INTERNET Upto 10 Customer induced debit entries a month : FREE Beyond 10 debit entries : Rs.9/- per entry transactions not to be counted / reckoned 28 Standing Instructions (SI) Rs.53/- for Execution as well as 29 Issue of Deposit at Call Receipt (payable at branch of issue) Failure to execute each instruction FREE 4

5 30 Cash Handling Charges for CA/CC / ( Deposit other than Personal Banking Segment,TDR,RD and Loan customers) 31 Safe Custody Charges : a)scripts (for each Scrip) b)sealed Cover (for each cover) c)bank s own deposit receipt 32 Safe Custody Charges Certificate of holding 33 Collection of interest/ Dividend SB accounts: NIL CC/CD/OD A/cs: Upto 1 bundle (10 packets):free per day Beyond 10 packets: Rs.9/-per packet : Min. Rs.89/- Max.Rs.8900/- Account opening charges: Rs.445/- Safe custody charges Rs.53/- per scrip Min. 222/- per annum Rs.222/- p.a. per cover : FREE Rs.222/- per sheet issued in duplicate For additional copies Rs.107/- per copy 2.75% Min.: Rs.53/- per warrant For warrants upto Rs.53/- charges are Discretionary Rs.107/- per transfer deed 34 Charges for transfer of shares 35 Charges for deletion of Rs.222/- deceased person s name, change in name, etc. in respect of corporate a/cs 36 Purchase/ sale of shares / 2.75% Min. : Rs.267/- per transaction securities other than under Power of Attorney executed in favour of the Bank 37 Handling charges for 2.75% Min. : Rs.267/- per transaction purchase/ sale of shares/ securities under Power of Attorney executed in favour of Bank 38 Redemption of securities 2.75%; Minimum Rs267/- per transaction 39 Safe Deposit Articles Smaller box: 10x10x10 cms Rs.890/- pa per box 20x20x20 cms Rs.1780/- pa per box 30x30x30 cms Rs.2670/-- pa per box For bigger per cu.cm Min. 5696/- p.a. Min. 50% charges to be recovered if kept for quarter or part thereof 40 Safe Deposit Lockers Annual Charges Separate schedule given 5

6 41 Solvency Certificate For individuals : Upto Rs.1,00,000/- -- Rs.267/- Above Rs.1 Lakh to Rs.5 Lakh Rs.890/- Above Rs.5 Lakh: 1780/- For non-individuals: Rs.267/- per Lakh or part thereof Min.Rs. 890/- Max.Rs.8900/- 42 Photo Attestation Charges Rs.133/- per occasion 43 Record copy of the cheque Rs.44/- upto 3 months old entries Rs.107/- for older entries Subject to availability of instruments 44 Interest Certificate Once: FREE; Additional copies: Rs.107/- per copy 45 Enquiries relating to old records (more than 12 months old) Rs.222/- per item, subject to Availability 46 Payment of Deposit Receipts to another bank 47 Enquiries reg. old entries (more than 12 months old) Charges applicable for Remittances (Banker s Cheque / DD) Plus postages Rs.267/- per item older than 6 months; subject to availability of records 6

7 48 Minimum Bal. Charges SAVING BANK ACCOUNT Type of Savings Bank Accounts Normal SB A/C With Cheque Without Cheque Minimum Average Quarterly Balance required (AQB) Minimum Average Quarterly Balance (AQB) of Rs.500/- Minimum Average Quarterly Balance (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 Account With Cheque Without Cheque Minimum Average Quarterly Balance (AQB) of Rs.10,000/- Rs. 89/- per quarter Rs. 54/- per quarter BOI Star Mahila Savings Bank Account With Cheque Without Cheque Minimum Average Quarterly Balance (AQB) of Rs.5,000/- Rs. 89/- per quarter at all centres Rs. 54/- per quarter at all centres BOI Star Yuva Savings Bank Account With Cheque Without Cheque For Students up to 21 years:-nil Age group years: - Rs.5,000/- in Metro/Urban Branches and Rs. 2500/- in Semiurban/Rural Branches For Students up to 21 years:- NIL Age group years: Rs. 89/- per quarter Rs. 54/- per quarter BOI Capital Gain Account scheme,1988-sb Account A --- Minimum Average Quarterly Balance Rs. 267 (AQB) of Rs.1000/- 7

8 48 C O N T I N U E D 48 Co nti nu ed Minimum Bal. Charges NEFT-OUTWARD Charges Applicable to 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 Account ( No Frill Accounts), Savings Bank Account Scheme for Pensioners (SB-121), BOI Saral Salary Account Scheme (SB-165), BOI Salary Plus Account Scheme (SB-163), Star Ratnakar Bachat Salary Account (SB-164), Jai Jawan Salary Plus Scheme (SB-161, SB-162), BOI Star Gurukul Savings Bank Account (SB with Special Charge Code GURU ) and Staff Salary Accounts (SB-111) shall remain exempted from minimum balance stipulation/ charges. Penal Charges for Tierised CD accounts under Scheme Code CD-201,CD-209 & CD-211: Normal i. Metro Brs.(AQB-Rs.5000/-) : Rs.178/- ii. Urban Brs.(AQB-Rs.2500/-) : Rs. 89/- iii. Semi-Urban Brs.(AQB-Rs.1000/-) : Rs.45/- iv. Rural Brs.(AQB-Rs.1000/-) : Rs. 45/- SILVER A/c (AQB-Rs.0.20Lacs to 0.50Lacs):Rs.267/- GOLD A/c (AQB-Rs.0.50Lacs to 1.00Lacs) : Rs.445/- GOLD PLUS A/c (AQB-Rs.1.00Lacs to 2.00Lacs):Rs.534/- DIAMOND A/c(AQB-Rs.2.00Lacs to 5.00Lacs):Rs.668/- DIAMOND PLUS A/c(AQB-Rs.5.00Lacs to 10.00Lacs):Rs.890/- PLATINUM A/c (AQB-Rs.10.00Lacs to 20.00Lacs):Rs.1335/- PLATINUM PLUS A/c (AQB-Rs.20.00Lacs & ABOVE ):Rs.1780/- Penal Charges for Star Benefit CD Plus Account: Minimum Bal-Rs.5000/-) : Rs. 89/- per month; Penal Charges for STAR CRYSTAL CD A/C. FOR DIAMOND TRADERS Minimum Bal-Rs.5000/-) : Rs. 89/- per month; Penal Charges for Current Plus Deposit Scheme AQB-Rs.2.00Lac): Rs.445/- Penal Charges for Super Current Plus Deposit Scheme AQB-Rs.35.00Lac):: Rs.890/- Revised Normal CD accounts under Scheme Code CD-201,CD-209 & CD-211: AQB below Rs.20,000/- : Standard charges of NEFT-Outward to apply SILVER 90% of the Normal charges of NEFT-Outward to apply GOLD 80% of the Normal charges of NEFT-Outward to apply GOLD PLUS 70% of the Normal charges of NEFT-Outward to apply DIAMOND 50% of the Normal charges of NEFT-Outward to apply DIAMOND PLUS 40% of the Normal charges of NEFT-Outward to apply PLATINUM & PLATINUM PLUS BOTH A/CS. FREE OF CHARGE 8

9 Sl Item No 49 LEDGER FOLIO CHARGES For CD A/cs. Proposed Charges + SERVICE rate Rs.58/- per folio FREE Folios allotted per year for Avg. Balance : Upto Rs.25,000/- Above Rs.25,000/- to Rs.50,000/- Above Rs.50,000/- to Rs. 1 Lacs Above Rs.1 Lacs to Rs. 2 lacs NIL 3 5 9/- Above Rs.2 Lacs Note : No Folio Charges for :- 1.Savings Bank A/cs. 2. Accounts 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 /75 dt 02/07/12) 9

10 Sl No Item 51 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 $ (W.E.F ) Above Rs.1 Lac to Rs.2 Lac Above Rs. 2 Lacs Proposed Charges + SERVICE rate 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 /110 dtd ) Rs.5/- per transaction NIL (refer Cir Ltr No /75 dtd.02/07/2012) NIL (refer Cir Ltr No /75 dtd.02/07/2012) Rs.2.50 per transaction $ Rs.5.00 per transaction $ (W.E.F Rs.15/- Rs.25/- ONLINE NEFT OUTWARD(through NET) # UPTO Rs.10,000/- # ABOVE Rs.10,000/- # 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 Rs.2.50 per transaction # Rs.5.00 per transaction # 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 #- 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) 10

11 # - 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) 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 Account $ - 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 & 109/41 dt respectively. CHANGES MARKED WITH # & $ APPEARING UNDER ITEM NO.51 ON PAGE NO.10 AND UNDER ITEM NO.52 MARKED ON PAGE NO.11 ARE AS PER THE APPROVAL DTD ACCORDED BY MD & CEO AND ED ON THE MEMORANDUM NO.HO:MKT:AS: :21 DTD PUT UP BY MARKETING DEPARTMENT, HO PL NOTE THAT ALL CHANGES MARKED IN YELLOW / SHADED ARE THE LATEST VERSION AND SUPERCEDE EARLIER VERSIONS. 11

12 52 Miscellaneous 1.Issuance of Duplicate Term Deposit Receipt 2.Addition/Deletion of name in SB A/cs 3.SMS Alerts 4.SDV Locker Rent - Overdue Charges Rs.89/- per case Rs.89/- per case Rs.15/- per Quarter(if the no. of SMSs go beyond 5 in a Quarter)@ from all eligible customers, who have registered their Mobile No. with the 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 ) and SB-101 with Special Charge Code NOMIN From all Hirers i.where Annual Locker Rental is upto Rs.1000/- Rs.22/- per month or part thereof ii. Where Annual Locker Rental is Rs.1000/- & above : Rs.44/- per month or part thereof 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 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 and 98/119 dtd 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. 6. Please refer to Br.cir.no.101/218 dtd SB Inoperative accounts. 12

13 NOTE - II :- i. As per Branch Cir. 107/218 dt on Launch of New Current Account Products & Revamp of existing Current Account Schemes wherein Concessions/ facilities offered under various heads of service charges to continue. ii. Various Concessions/ facilities offered under various heads of service charges to continue for following categories of Accounts/ Schemes: Jai Jawan Salary Plus Scheme(SB-161, SB-162) as modified Br.CirNo.109/41 dated BOI Salary Plus A/c Scheme, BOI Saral Salary A/c Scheme & BOI Star Gurukul SB A/c (SB 163) with Special Charge Code GURU ) vide Br Cir No. 108/199 dated SB A/c Scheme for Pensioners (SB-121) as modified vide Br.Cir.No.107/143 dated BOI Senior Citizen SB A/c (SB- 166) vide Br.Cir. No.107/106 dated BOI Star Mahila Savings Bank Account (SB- 167) vide Br.Cir.No.107/107 dated Star Ratnakar Bachat Salary A/c.(SB-164) vide Cir.Ltr.No /179 dated iii. The penal charges on account of non-maintenance of minimum balance i.e. Rs 25,000/- in BOI Saving Plus Scheme and Average Quarterly Balance of Rs. 5 lac in Super Saving Plus Deposits shall be levied as Rs 178/- + Service Tax in BOI Saving Plus Scheme and Rs. 445/- + Service Tax in Super Saving Plus Deposits, respectively. 13