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Service Charges
 
SERVICE CHARGES RELATING TO LOANS & ADVANCES
 
No      Nature of service  Service Charges + ( Service tax @14% ) + 0.50 (SBC)
1 Issuance of No Dues certificate/NOC Rs.28.00 + Service Tax @ 14% + 0.50 (SBC) 
2 Processing Fees i)No change for fresh proposals. However, Service Tax shall be @ 14% + 0.50 (SBC)
ii) For renewal of existing limit: 50% of processing fees applicable.
iii) For enhancement-cum-increase of limit= a) 50% of fees on existing limit & b) 100% of fees on increased limit.
iv) For ad-hoc increase= 100% of fees for the ad-hoc increase on pro-rata basis for the period of ad-hoc increase.
v) For fresh proposals processed but not considered =50% of fees may be refunded on request (but excluding S.T. & SBC)
vi) No processing fees for advance against FD/NSC/LIC Policies
3 Bank Guarantee commission(Financial guarantee only)
i)With 100% cash  margin
ii) With partly  cash  margin and/or fully secured by other  tangible  security
i) Rs.3.00 per Rs.100/- p.a. with minimum of Rs.500/- + S.T. + SBC
ii) Rs.4/- per Rs.100/- p.m. with minimum of Rs.1,000/- + S.T. + SBC
iii) Same charge for renewal also
iv) For refund of guarantee commission on cancellation before due date = 50% of guarantee commission may be refunded on request for unexpired period but excluding S.T. & SBC
4 Issuance of Solvency Certificate i) Upto Rs.1/- lakh =Rs.200/- + S.T. @ 14% + 0.50 (SBC) 
ii) Between Rs.1 – 5/- lakhs = Rs.300/-+ S.T.@ 14% + 0.50 (SBC) 
iii) Above Rs.5/- lakhs = Rs.750/- + S.T.@ 14% + 0.50 (SBC) 

5

Stock inspection charges Rs.250/- + Service Tax @ 14% + 0.50 (SBC) 
6 Stock Audit charges As per auditor`s fees

7

Interest on chq/DD/PO purchased (payable at Mumbai) @18% p.a. from the date of purchase till date of Realization
8 Purchase of outstation cheque/DD& sent for collection Interest as above + postage

9

Cost of application forms for credit facilities( full set) Rs.20/- per set of application form
10 Cost of share application from Rs.10/- per form
 
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