RATE SHEET OF STATE BANK OF INDIA, RETAIL BRANCH, BAHRAIN. Deposit Accounts

Transcription

1 RATE SHEET OF STATE BANK OF INDIA, RETAIL BRANCH, BAHRAIN Deposit Accounts Name of Scheme Monthly Minimum Balance Minimum Balance Charges Savings Bank BHD BHD per month* Savings Plus BHD BHD per month* SBI Premier BHD BHD per month* Dollar Super Savings US $ BHD 2.65 per month* Current Account (BD) BHD BHD per month* Current Account (Dollar) US $ US $ 8.00 per month* * At present, we are not charging minimum balance charges considering our customer base. Period Rates on Term Deposit Interest (%) on BD term deposit (<500,000) Interest (%) on USD term Deposit (<100,000) Interest (%) on USD term Deposit (>=100,000) 1 Month to less than months 3 months to less than 6 months 6 months to less than 12 months 12 months to less than 2 years 2 years to less than Years 3 Years and above (For deposits of BHD 500,000/- & above, rates will be quoted on case to case basis) Cheque Book Charges Small (25 leaves) Large (50 leaves) Huge (100 leaves) BHD per cheque book BHD per cheque book BHD per cheque book Closure of Accounts Closure of Account (other than term deposits) within 1 year of opening Pre-mature withdrawal Fixed rate deposits BHD denominated account: BHD : USD denominated account : USD : 2.65 No interest shall be paid on premature withdrawal of 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 1% below the rate applicable for the period, prevailing

2 as on the date of contracting the deposit subject to recovery of unwinding cost, if any, in full. Standing Instructions Registration of Standing Instruction Amendment to Standing Instructions Penalty for Non-maintenance of sufficient funds in the account for execution of standing instructions BD per instruction BD per amendment BD for each instance of nonexecution of the instruction for want of funds Remittances Issuance/Revalidation Cancellation (a) In INR Issuance/Revalidation Cancellation (a) In INR To Branches of SBI To Other Banks NON-INR REMITTANCE For USD For other currencies RTGS CHARGES Through Account Through Account Through Account BD per remittance BD per remittance (Other bank charges will be extra) Below 10,000 USD BHD 5 10,000 USD & Above BHD 10 BHD per remittance Personal ( Savings ) - BHD Current Account ( Company ) BHD Locker Charges Small Size (6 x 4.6 ) Medium Size (13 x 4.6 ) Large Size (13 x 10.6 ) Loss of key of Locker / Locker Break Open Charges BHD per annum BHD per annum BHD per annum BHD Actual charges of vendor for breaking / installing new lock ATM Annual Fee Nil Card Replacement BHD Re-issuance of PIN BHD Access to SBI ATM in Bahrain Access to SBI Group ATMs in India

3 Access to Other Bank ATMs in Bahrain Access to ATMs in other GCC BHD per transaction Countries Cheque Collection Charges Local Outstation No charges 0.25% of the Cheque Amount Certificates Certificate of Financial Standing Attestation of Documents Life Certificate for Pensioners Balance Confirmation Certificate BD per certificate No charge BHD per certificate Miscellaneous Charges Cheque Return Charges BHD per cheque Stop Payment of Cheque BHD per cheque Statement of Account (1 st instance) No charges Duplicate statement of account BHD per account Internet Banking Pin (New Issuance) No charges Duplicate Internet Banking Pin BHD Special Clearing Charges BHD per cheque For sending application of NRE/ NRO Savings A/c NRE/ NRO/ FCNR(B) Term Deposit NIL NIL Correspondence with Domestic Branches in India related to NRE/ By Courier - BHD NRO/ FCNR(B) / Term Deposits/ Transaction Rights/ Duplicate ATM & Cheque book request Credit Opinion Charges BHD Inward Clean Collection Against Payment** 0.1% of bill amount, Min. BHD 25/- Against Acceptance** 0.1% of bill amount, Min BHD 25/- ** Remittance Charges as Usual 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/- + actual out of pocket expenses

4 remitter** ** Remittance Charges as Usual Letter of Credit Advising Letters of Credit BHD Advising Amendments BHD Opening / Extension of Sight L/C** (including amendments in value/expiry date etc.) Opening / Extension of Usance L/C** (including amendments in value/expiry date etc.) Amendment of LCs (excluding value and expiry period) Confirmation Fee Acceptance / deferred payment commission Negotiation Commission (Import LC): 0.125% of Bill Amount for the tenor of the LC, Min.BHD (Export LC): BHD (Import LC): 0.125% of Bill Amount for the tenor of the LC, Min.BHD (Export LC): BHD Min. BHD 25/- Transfer of L/C BHD 25/- Cancellations BHD 25/ % for the Bill Amount with respect to tenor of LC, Min. BHD 25/- 0.20% of LC amount plus interest, Min. BHD 25/ % of the Bill Amount for the tenor Swift BHD 8/- OR USD Post Dated Cheques Purchase / Discounting of Post Dated Cheque 1% above SBBR for stray cases OR as per specific sanction of credit facilities. Bank Guarantees Issuing / Extension of Performance / Financial Guarantee / Bid Bond 0.125% for BG amount with respect to tenor of BG, Min. BHD 25/- Loan Processing Fees Demand Loan/ Overdraft against Deposits with Branch (BHD/USD) NRE-TD/FCNR (B) Working Capital Advances NIL Equivalent of BHD 50/- 1% of the loan amount, minimum BHD 250, Max BHD or equivalent in USD

5 Term / Corporate Loan (one-time upfront charge) 1% of the loan amount, min BHD 250 or equivalent in USD Other Advance Related Service Charges Inspection charges Pre-payment penalty for Term Loans Commitment charges - Working capital - Term loan 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 3 months of the scheduled disbursement date(s) Auto Loan Rate of interest Starting from 7.50% (daily balance method) Processing fee 1% of loan amount, Min. BD 200/- Late payment fee BD 10/- per late installment per month Pre-payment / pre closure 1% of the amount prepaid / outstanding as per EMI schedule; Max BD 100/- Penal interest Administration Fee Personal Loan Rate of interest Starting from 8.00% (daily balance method) Processing fee 0.75% of loan amount, Min. BD 150/- Late payment fee BD 10/- per late installment per month Pre-payment / pre closure 1% of the amount prepaid / outstanding as per EMI schedule; Max BD 100/- Penal interest Administration Fee Working Capital / Term Loans Rate of rate of SBBR (8.00%) Processing fee 0.50% of the loan amount Pre-payment / pre closure (in case of TL) 1% of the amount prepaid for the remaining period

6 Penal interest Administration Fee