Indusind Bank Service Charges

IndusInd Bank Ltd.

SCHEDULE OF SERVICE CHARGES *

Savings Bank A/c - No frills A/c

Minimum Balance — NIL –
Charges for non maintenance thereof — NIL –
Saving Bank Accounts with Cheque facility

Minimum Balance (Average Quarterly Balance) A category Branches – Rs. 3,000/-
B category Branches – Rs. 2,000/-
C category branches – Rs. 1,000/-
Charges for non maintenance thereof Rs. 150/- per quarter. AQB in savings account waived for customers having TDR of Rs.10,000.00 and above in Category C branches and Rs.25,000.00 and above in Category A & B branches

Saving Bank Accounts without Cheque facility

Minimum Balance (Average Quarterly Balance ) A category Branches – Rs. 3,000/-
B category Branches – Rs. 2,000/-
C category branches – Rs. 1,000/-
Charges for non maintenance thereof Rs. 150/- per quarter. AQB in savings account waived for customers having TDR of Rs.10,000.00 and above in Category C branches and Rs.25,000.00 and above in Category A & B branches

Current Accounts

Minimum Balance (Average Quarterly Balance ) A category branches - Rs.10,000/-
B category Branches - Rs. 5,000/-
C category Branches - Rs.3,000/-
Charges for non maintenance thereof Rs.450 per quarter
Other Savings Bank account facilities

Issue of Duplicate/ Additional Statement Rs. 10/- per page
Issue of loose cheque leaves — NIL –
Issue of duplicate pass book N A
Mode of calculation of minimum balance Average Quarterly Balance
Remittance Facilities through own bank

DD- Issue Free of charges to IBL customers
For Others
Re. 1/- per 1,000 /-, Min of Rs. 25/- and Max of Rs. 3,000/- per instrument
DD Cancellation Up to Rs. 5,000/- Rs. 50/- per instrument
Above Rs. 5,000/- Rs. 100/- per instrument
DD-Duplicate Up to Rs. 5,000/- Rs. 50/- per instrument
Above Rs. 5,000/- Rs. 100/- per instrument
DD Revalidation Rs. 50/- per instrument
PO - Issue Up to Rs. 1,000/- Rs. 15/- per instrument
Rs. 1,001/- to Rs.25,000/- Rs. 25/- per instrument
Rs. 25,001/- & above Re. 1/- per 1,000/- per instrument
Max Rs. 3,000/-
PO-Cancellation Up to Rs. 5,000/- Rs. 50/- per instrument
Above Rs. 5,000/- Rs. 100/- per instrument
PO-Duplicate Rs. 100/- per instrument
PO-Revalidation Rs. 50/- per instrument
TT - Issue NA
TT - Cancellation NA
TT- Duplicate NA
TT- Revalidation NA
EFT Charges- inward/outward Rs. 10/- per transaction
RTGS-Outward Customer Type Outward Rate per 1000 Minimum to be charged Maximum
Corporate Rs. 1.25 Rs. 150/- Rs. 2500/-
Retail Re. 1/- Rs. 50/- Rs. 500/-
Brokers Rs. 50/- Rs. 50/- Rs. 50/-
RTGS-Inward Rs. 25/-
Remittance Facilities through other bank

DD - Issue Rs.2/- per 1,000/-
Min of Rs. 40/- and Max of Rs. 5,000/- per instrument
DD-Cancellation Rs. 150/- per instrument
DD-Duplicate Up to Rs. 5,000/- Rs. 50/- per instrument
Above Rs. 5,000/- Rs. 100/- per instrument
DD-Revalidation Rs. 50/- per instrument
Foreign Exchange Transactions

Remittance Outward For effecting cash clean remittance
Up to Rs.10,000/- Rs.50/-
Over Rs.10,000 /- Rs.100/-
Where Outward remittance is effected to the debit of EEFC account of the customer commission at @ 0.125% in lieu of exchange shall be recovered additionally

Remittance Inward For effecting clean inward remittance
Rs. 50/- per payment
If inward remittance is to be executed in Foreign currency by issuing DD/ TT etc a commission of @ 0.125% shall be recovered from beneficiary

TCs – Selling 1% of the Rupee equivalent.
If TCs are issued against foreign currency remittance received from bank abroad , branch will collect in Rupees commission of @ 0.25 % and if issued from EEFC account commission @ 0.125 % in lieu of exchange shall be recovered additionally.

TCs – Encashing No Charges
TCs - Foreign Currency No Charges
Cheque Collection

Local — NIL –
Outstation through own bank Rs.2/- per 1,000/-, Max Rs.5,000/- plus actual out of pocket expenses
Outstation through another bank Rs.1.50 per 1,000/-, Max of Rs.5,000/- plus actual out of pocket expenses
Bouncing of cheques- Local Only for Financial Reasons
Local Inward Clearing: -
Up to Rs. 500,000/- Rs. 200/- per instrument
Above Rs. 500,000/- Rs. 200/-+ Rs. 50/- per lac per instrument
Local Outward Clearing: -
SB A/c – Free
Current A/c Rs. 25/- per cheque
Bouncing of cheques- outstation- through own bank Collection charges subject to a minimum of Rs. 100/- plus actual out of pocket expenses
Bouncing of cheques- outstation- through another bank Collection charges subject to a minimum of Rs. 100/- plus actual out of pocket expenses
Bouncing of cheques - outstation cheques received in Inward Collection Rs.100/- plus out of pocket expenses.
Retail Loan

Loan Processing Charges 1% of the loan amount
Prepayment Charges 2% on the balance outstanding
No due Certificate Rs. 500/-
Solvency Certificate Rs. 250/- per certificate for amount up to Rs. 200,000/- and additional Rs. 125/- per lac or part thereof with a maximum fee of Rs. 50,000/- per certificate

Charges for late payment of EMI Rs. 250/-
Charges for changing from fixed to floating rates of interest Rs. 1,000/- flat
Charges for changing from float to fixed rates of interest Rs. 1,000/- flat
Cards

ATM

Membership fee NA
Annual Fee Rs. 25/-
Renewal Charges Nil
Late Payment Charges Nil
Interest Charges Nil
Replacement charges Nil
For Damaged Card – Free of charge
Transaction Charge for Partner banks — NIL – (If AQB is maintained)
Rs. 25/- for Financial Transaction
Rs. 10/- for Non Financial Transaction
Transaction Charge for Non-Partner banks Nil
Nil
Credit Card

Membership fee NA
Annual Fee NA
Renewal Charges NA
Late Payment Charges NA
Interest Charges NA
Replacement charges NA
Cash withdrawal NA
Debit Card

Membership fee — NIL –
Annual Fee Normal Card: Rs. 100/- p.a.
Mahila Card: Rs. 120/- p.a.
Renewal Charges NA
Late Payment Charges NA
Replacement charges For lost card - Rs.100/-
For Damaged Card – Free of charge
Add on card issued to joint account holder operated by Either or Survivor
Rs.50/-
Closure of lost Card Rs.100/-
Issue of Duplicate PIN Rs.20/-
Cash withdrawal
Through network owned by Bank – No charges

Through Network owned by other Bank

Within India: Rs. 50/- for Financial Transaction

Within India : Rs. 15/- for Non Financial Transaction

Outside India: Rs. 125/- for Financial Transaction

Outside India:Rs. 20/- for Non Financial Transaction
Miscellaneous

Balance enquiry — NIL –
Balance Certificate Limit Accounts - Rs. 25/-
Other Accounts - Rs. 100/-
Interest Certificate Rs. 100/-
Standing Order/ Balance Order/ Instructions Rs.100/- per instructions
Enquiry relating to old records Rs.100/- per enquiry
Account closure Savings A/c:
Rs. 100/- within 6 months or balance in the a/c whichever is lower. Beyond 6 months Rs. 100/-
Current A/c:
Rs. 200/- within 6 months or balance in the a/c whichever is lower. Beyond 6 months Rs. 200/-
Use of Fax/Telephone/Modem — NIL –
Photo attestation Rs. 100/- per photo
Signature attestation Rs. 100/- per signature
Stop Payment Charges Rs. 100/- per instruction
Rs. 150/- for range of instruction in single mandate
Inoperative account N.A.
Cheque Books

Issue of Cheque Books -Savings Bank 50 cheque leaves free every 6 months, for additional cheque leaves - Rs.1/- per leaf.
Issue of Cheque Books - Current Account/ Overdrafts/ Cash Credit Accounts
Rs.2/ per cheque leaf
Issue of Cheque Books - Overdraft against Fixed Deposits Free
Acceptance / Payments of Cash at Remote Centers

At the counter of a Remote Branch located at the same center Up to Rs.50,000/- - Free
Above Rs.50,000/- discretion with the branch to accept/ make payment. In case the amount is accepted/ paid Re.1/- per section of 100 notes.
At the counter of a Remote Branch located at another center Up to Rs.50,000/- - Rs.10/- per transaction
Above Rs.50,000/- discretion with the branch to accept/ make payment. In case the amount is accepted/ paid re.1/- per section of 100 notes.

Safe Deposit Lockers

Locker Charges (per annum) for Metro branches, 20% discount for Urban branches and 50 % discount for Semi Urban and Rural Branches. (Sizes all in inches)

5.6 x 7.6 x 22 Rs.750/-
7.6 x 12 x 22 Rs.1250/-
6 x 16 x 22 Rs.1500/-
7.6 x 20 x 22 Rs. 2000/-
12 x 16 x 22 Rs.4000/-
15 x 20 x 22 Rs.5000/-
Bills

Commission on LC Bills Discounted Rs.1,000/- per bill
Bills for Collection (Non LCs) Rs.4/- per thousand or part thereof subject to Min Rs.300/-
Bills for Collection (under LCs) Rs.2/- per thousand or part thereof subject to Min Rs.300/-
Bills for Collection Returned unpaid Rs.5/- per thousand or part thereof subject to Min Rs.500/-.plus Rs.100/- returned charges
Letter of Credit

Inland LC usance charges according to the tenor of the bill Bills up to 7 days sight - 0.3 % Minimum Rs.1,000/-
Over 7 days and up to 3 months sight - 0.5 % Minimum Rs 1,000/-
Bills over 3 months sight - 0.5 % for the first 3 months plus 0.2 % p.m. in excess of 3 months, Minimum Rs. 1,000/-

And commitment charges for the period of liability (from the date of opening of the credit to the last date of its validity) @ 0.2 % for every period of 3 months or part thereof

The commitment charge of 0.20 % covers each period of 3 months and the extension will be allowed free of commitment charges, if such extension doesn’t run into a fresh period of 3 months, otherwise a fresh charge of 0.20 % for a further period of 3 months with minimum Rs.500/-

When the amount of credit is subsequently increased both the usance and commitment charge shall be made on the amounts so increased. The minimum charge shall be Rs.500/-

Amendment other than by way of extension of the validity period of the increase in the value of LC shall attract a flat commission of Rs.500/-

Inland LCs issued against 100% margin 50 % if above with a minimum of Rs.500/-
Revolving LC whether it specifies maximum amount of total drawings or not, the charges shall be levied as under in the first instance on the LC amount (which is maximum amount of drawings permitted at any one time and the period of liability for the purpose of commitment shall be from the opening of the credit to the last date of validity
Bills up to 7 days sight - 0.2 %
Over 7 days and up to 3 months sight - 0.4 %
For Bills over 3 months sight - 0.4 % for the first 3 months plus 0.20 % p.m. in excess of 3 months

And commitment charges for the period of liability (from the date of opening of the credit to the last date of its validity) @ 0.2 % for every period of 3 months or part thereof

Bank Guarantees

Inland Guarantees Performance Guarantees - 2 % p.a., Minimum Rs.1,000/-
Financial Guarantees - 3 % p.a., Minimum Rs.1,000/-
Inland Guarantees issued with 100% margin 50 % of the above, Minimum Rs. 500/-

***Service tax applicable on all services as advised by Income Tax Authorities from time to time.
NOTE: Classification of Branches
Branches situated in Metropolitan cities are classified as A
Branches situated in Urban cities are classified as B
Branches situated in Semi Urban and Rural are classified as C