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Overdraft against Deposit

 

 

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OVERDRAFT AGAINST DEPOSIT

Fulfill your urgent financial needs (business requirements) without breaking your Fixed deposit by availing Instant overdraft on your FD

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  • Aqb-icon

    Zero balance current account

    50 waiver-icon

    Applicable for all entities

    Cheque-icon
    1 cheque book free per month
    Nominate-icon

    Free cash deposit of Rs 12 Lacs per month

    Demand

    Free cash pickup upto Rs. 2 lacs per day for limits sanctioned of Rs. 2 Crs and above

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Charges

Schedule of Charges for Current Accounts w.e.f 28th July 2021

Average Monthly Balance (AMB)
Average Monthly Balance NIL
Cheque Book
Cheque book (PAP cheque book of 25 leafs) 1 cheque book free per month
Charges beyond free limits Rs. 2 per leaf
Collections
Local cheque clearing Free
Outstation cheque collection charges at bank location Up to ₹ 5000: ₹ 25, Above 5000 and up to and including ₹ 10,000: ₹ 50, Above ₹ 10,000 and up to and including ₹ 100000: ₹ 100, Above ₹ 100000: ₹ 150
Outstation cheque collection charges at non-bank location(Non PAP)
RTGS inward / NEFT inward / IMPS inward Free
Payments
Demand Draft and Payorder at branch locations Free up to 10 DDs per month
Charges beyond free limits ₹ 50 per DD
Demand Draft at non-branch locations ₹ 100 per DD
PAP cheque payment Free
RTGS and NEFT outward (Free online) Free
IMPS Outward ( per day limit of ₹ 2,00,000/-) Upto Rs. 50000 charges of Rs. 5 per transaction Rs. 5000 to Rs. 200000 charges of Rs. 15 per transaction.
Cash Charges
Cash Deposit at home+Non-Home+ATM location Rs. 12 lacs per month
Charges beyond free limits ₹ 3/1000
Cash Withdrawal at home location Free
Cash Withdrawal at non-home location Free upto ₹ 50000 per day by self or third party, beyond which charges of ₹ 4/1000
Other Charges
Stop payment single cheque Rs. 100 per cheque
Stop payment series Rs. 150 for a series of 25 cheques
Outward cheque return charges for financial reasons Rs. 50 per cheque
Outward cheque return charges for technical reasons NIL
Inward cheque return charges for financial reasons Upto 2 cheques Rs. 350 per cheque, 3-5 cheques Rs. 500, 6th cheque onwards Rs. 750 per cheque
Inward cheque return charges for technical reasons NIL
Standing instructions set up/Amendment Free
Standing Instructions failure (return)/ECS/NACH Return due to Financial Reason Rs. 200 per return
Certificate and Report issuance
Balance Certificate at the branch (online free) ₹ 250/- per instance
Previous year balance and interest statement 1 free per annum. ₹ 300/- per statement thereafter.
Signature verification certificate / Photo attestation / Address confirmation ₹ 50/- per instance
Duplicate TDS certificate ₹ 100/-
Duplicate account statement Print (Free Online or on email) ₹ 200/-
DD/PO revalidation/cancellation ₹ 100
Account closures/Inactive charges NIL
Doorstep Banking*
Cheque pickup on call per instance Rs 50 per call
Cheque Pickup beat (per month) Rs 450 per month
Cash pickup Beat (charges per month)  
Upto ₹ 200000 Rs 2200 (Free for limits sanctioned above Rs 2Crs)
₹ 200000 to ₹ 500000 ₹ 3200/-
₹ 500000 to ₹ 1000000 ₹ 8000/-
₹ 1000000 to ₹ 2000000 ₹ 12000/-
₹ 2000000 above Contact Branch
Cash pickup On call (charges per instance)  
Upto ₹ 200000 ₹ 150/-
₹ 200000 to ₹ 500000 ₹ 300/-
₹ 500000 to ₹ 1000000 ₹ 500/-
₹ 1000000 to ₹ 2000000 ₹ 800/-
₹ 2000000 above Contact Branch