:: Kokan Mercantile Co-operative Bank Ltd. ::

SCHEDULE OF BANK SERVICE CHARGES

Sr. No	PARTICULARS		PROCEEDS APPLICABLE CHARGES	GST 18%	PROCEEDS APPLICABLE CHARGES
			EXCLUDING GST		INCLUDING GST
			Proposed For Approval
1	ISSUE OF PAY ORDER / DD
	Upto Rs.1000/-	PER REMITTANCE	25	4.50	29.50
	Above Rs.1000/- to Rs.5000/-	PER REMITTANCE	30	5.40	35.40
	Above Rs.5000/- to Rs.10000/-	PER REMITTANCE	35	6.30	41.30
	Above Rs.10000/- to Rs.1,00,000/-	PER Rs.1000 @ Rs.2.75 Minimum	50	9.00	59.00
	Above Rs.1 lac to 10 lacs	PER Rs.1000 @ Rs.2.33 Minimum	300	54.00	354.00
	Above Rs. 10 lacs	PER Rs.1000 @ Rs.2.12 Minimum	2,500	450.00	2,950.00
		Maximum	3,500	630.00	4,130.00
	Note :
	(Free for SB/CD/CC A/cs with average credit balance of Rs. 10 lacs & above p.a. with maximum 10 remittances per month

2	PAY ORDER / PAY SLIP AGAINST CASH
	Upto Rs.1000		50	9	59
	Above Rs.1000/- to 10000/-		75	13.50	88.50
	Above Rs.10000/- to 49,999/-		100	18.00	118.00
	Note :
	No Commission on Pay Order issued for Haj / Loan Payment purpose

3	HANDLING CHARGES FOR CHEQUES/BILLS RETURNED UNPAID		For Banks perticipating in Mumbai Clearing
	a) Outward Return Clearing
	Upto Rs. 10000/-	PER CHEQUE	100	18	118
	Above Rs. 10000/-	PER CHEQUE	100 + RS 1.00 per thousand with a maximum of Rs. 500 per chq	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST

	b) Inward Return Clearing	PER CHEQUE	300 + Int.@36% p.a.on Chq. Amt. Per day	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST

	c) Inward Return ECS/NACH	PER ENTRY	300	54	354
	d) Outward Return ECS/NACH	PER ENTRY	300	54	354

4	COMMISSION ON CASH DEPOSIT/TRANSFER FOR INWARD CHEQUES (AFTER 12.00 NOON)		0.25% + applicable GST on deposit of Shortfall	18% GST ON EQUIAMOUNT	= EQUIV AMT +18% GST

5	CASH COUNTING CHARGES :
	Savings Accounts
	Upto Rs. 2.00 Lacs per day		NIL
	Above Rs. 2.00 Lacs upto Rs. 25.00 Lacs		0.10%+GST	18% GST ON EQUIAMOUNT	= EQUIV AMT +18% GST

	Overdraft & Cash Credit accounts
	Any amount of cash deposited in the account		No Charges

	Current accounts
	a) Charges to be levied for cash deposits during the month upto 10 times of average monthly balance maintained during the previous month		NIL
	b) Charges to be levied for cash deposits during the month above 10 times of average monthly balance maintained during the previous month		0.10% of the excess amount	18% GST ON EQUIAMOUNT	= EQUIV AMT +18% GST

	NOTE : If the cash is serially deposited in a Single day, the amount so deposited shall be integarated together for the purpose of applying commission)

6	Charges for not maintaining minimum balance on operative accounts
	a) Saving account	Minimum balance required
	i) Urban Areas ( Mumbai, Goa & Thane )	500/-	0.xx% OF THE SHORTFALL	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST
	ii) Other Areas	100/-	0.xx% OF THE SHORTFALL	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST

	b) Current Account
	i) Urban Areas ( Mumbai, Goa & Thane )	2000/-	0.xx% OF THE SHORTFALL	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST
	ii) Other Areas	1000/-	0.xx% OF THE SHORTFALL	18% GST ON EQUI AMOUNT	= EQUIV AMT +18% GST

7	OTHER MISCELLENOUS SERVICES :
	ISSUE OF :
i	DUPLICATE PASS BOOK/STATEMENT

	a) PASS BOOK	WITH LATEST BALANCE & FIRST PAGE	25	4.50	29.50
	Printing charges	ADDL PAGE	10	1.80	11.80
	b) STATEMENT	FIRST 2 PAGES	25	4.50	29.50
	Printing charges	ADDL PAGE	10	1.80	11.80

ii	BALANCE CERTIFICATE	PER CERTIFICATE	50	9.00	59.00
iii	NO DUES CERTIFICATE ( Non-Existing Borrower)	PER CERTIFICATE	50	9.00	59.00
iv	INTEREST CERTIFICATE	PER CERTIFICATE	50	9.00	59.00
v	DUPLICATE DEPOSIT RECEIPT	NOTORISED INDEMNITY BOND	100	18.00	118.00
vi	DUPLICATE SHARE CERTIFICATE	NOTORISED STAMP PAPER	100	18.00	118.00
vii	DUPLICATE DD/PO	PER INSTUMENT	50	9.00	59.00
viii	REVALIDATION OF DD/PO	PER INSTUMENT	25	4.50	29.50
ix	CANCELLATION OF DD/PO	PER INSTUMENT	40	7.20	47.20
x	COPY OF CHEQUE	PER INSTUMENT	50	9.00	59.00

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