Canara Bank Service Charges 2021 – Check and find the latest charges on Banking account, Loans, NEFT/RTGS, other Online transactions, Demand Drafts, Minimum Balance charges, Debit Cards etc. These are latest charges for Canara Bank Customers. The new charges are valid for a year.
1. a) Demand Drafts/TT Issue – OUTSTATION | |||
Amount ranging
From – To |
OTHER THAN INDIVIDUAL | INDIVIDUALS | |
OTHER THAN RURAL | RURAL | ||
Upto and inclusive of Rs. 1000/- | Rs. 40/- | Rs. 30/- | Rs. 25/- |
Above Rs.1000/- upto Rs. 10000/- | Rs. 50/- | Rs. 40/- | Rs. 35/- |
Above Rs. 10000/- | Rs. 4.00/- per Rs. 1000/- or part thereof minimum of Rs. 50/- Maximum Rs. 12000/- per DD | Rs. 3.50/- per Rs. 1000/- or part thereof minimum of Rs. 40/- Maximum Rs. 12000/- per DD | Rs. 3.50/- per Rs. 1000/- or part thereof minimum of Rs. 40/- Maximum Rs. 10000/- per DD |
Note:
1. For multiple DDs issued in lieu of single DD, commission as applicable for the aggregate amount alone shall be collected.
2. Charges for funds transferred by student account holders, to Educational Institutions / colleges by way of RTGS & NEFT and / or issue of DDs for such institutions / colleges are waived.
1. b) LOCAL DEMAND DRAFT / PAY ORDER / BANKER’S CHEQUE ISSUE : | |||
Amount ranging
From – To |
OTHER THAN INDIVIDUAL | INDIVIDUALS | |
OTHER THAN RURAL | RURAL | ||
Upto and inclusive of Rs. 1000/- | Rs. 40/- | Rs. 30/- | Rs. 25/- |
Above Rs.1000/- upto Rs. 10000/- | Rs. 50/- | Rs. 40/- | Rs. 35/- |
Above Rs.. 10000/- | Rs. 4.00/- per Rs. 1000/- or part thereof with minimum of Rs. 50/- Maximum Rs. 12000/- per DD | Rs. 3.50/- per Rs. 1000/- or part thereof with minimum of Rs. 40/- Maximum Rs. 12000/- per DD | Re. 3.50/- per Rs. 1000/- or part thereof with minimum of Rs. 40/- Maximum Rs. 10,000/- per DD |
Note :
1. For multiple DDs issued in lieu of single DD, commission as applicable for the aggregate amount alone shall be collected.
2. Charges for funds transferred by student account holders, to Educational Institutions / colleges by way of RTGS & NEFT and / or issue of DDs for such institutions / colleges.are waived.
1. c) Issue of DD / TT / PO / BC against tender of cash (both for local / Outstation) | |
Issue of DD / TT / PO / BC against tender of Cash | Up to Rs.1000/- – No additional charges.
Above Rs1000/- – Additional charges at 50% Extra on applicable charges Note: However Branch has the discretion to charge higher subject to maximum of 200% of applicable normal charges. |
Retirement of bills against tender of cash | Additional charges of Rs.300/- flat per bill shall be collected in addition to bills collections charges. |
1 . d) DEMAND DRAFT / PAY ORDER / BANKER’S CHEQUE CANCELLATION /REVALIDATION/DUPLICATE ISSUANCE. | |
Cancellation | up to 10 lakhs- Rs.100/- per instrument
Above 10 lakhs: Rs.1000/- per instrument |
Re validation | up to 10 lakhs- Rs.100/- per instrument
Above 10 lakhs: Rs.1000/- per instrument |
Issuance of duplicate DDs. | up to 5 lakhs- Rs.100/- per instrument
Above 5 lakhs: Rs.1000/- per instrument |
Note: For DDs cancelled, charges will be recovered to the extent of their value, if the amount is less than or equal to the SC in the 1st slab of the respective category.
2. a) Outstation cheque collection | Inward / Outward Collection of Outstation cheques / instruments such as DDs/ Dividend / Interest Warrants, Refund Orders, Income Tax Refund orders etc. (other than bills) |
Up to Rs. 5,000/- | Rs. 25/- per instrument for SB Account and Rs.50/- per instrument for other accounts |
Upto Rs. 10,000/- | Rs 50/- per instrument |
Rs. 10,001/- to Rs. 1,00,000/- | Rs. 100/- per instrument |
Rs. 1,00,001/- to Rs. 10,00,000/- | Rs. 200/- per instrument |
Rs. 10,00,001/- and above | Rs. 250/- per instrument |
NOTE : The charges are applicable to both individual and other than individual customers irrespective of the population group. Sharing of commission on 50:50 basis is applicable for cheques directly sent to Private Sector Banks/Foreign Banks/ Co-operative Banks/RRBs sponsored other Banks/any other Banks, for want of our branch at drawee center. Commission levied by both the destination (paying) bank and collecting bank shall not exceed the maximum commission stipulated by RBI.
b) Collection of Dividend / Interest Warrants / Refund Orders for Individuals – concessions | |
Individual Rural | If value of instrument is up to Rs.500/-, No Charges, Only OPE# + Postage
For instruments above Rs.500/- -Normal collection charges |
Individual non-rural | If value of instrument is up to Rs.500/-, No charges, only OPE# + Postage
For instruments above Rs.500/- Normal collection charges |
Non-individual | Normal Charges – No concessions |
RTGS Transactions:
Amount of RTGS Transaction | Service Charges
(Exclusive of GST) |
Rs.2 lakhs & up to Rs.5 lakhs | Rs. 24.50 |
Above Rs.5 lakhs | Rs. 49.50 |
NEFT Transactions :
Amount of NEFT Transaction | Service Charges
(Exclusive of GST) |
Up to Rs.10,000/- | Rs. 2.25 |
Rs.10,001 and up to Rs.1 lakh | Rs. 4.75 |
Above Rs.1 lakh and up to Rs.2 lakhs | Rs.14.75 |
Above Rs.2 lakhs | Rs.24.75 |
Note:
All the Saving account customers if NEFT transaction initiated through online channel (viz. internet bank and/or mobile apps of the banks) : No Charges
Note :Against Cash only upto Rs.50,000 – Normal charges
Bank has Waived NEFT charges for Savings Bank Account holders for transactions which are Initiated online (viz. internet bank and/or mobile apps of the banks) w.e.f 01-01-2020
RTGS TRANSACTIONS-SETTLEMENT TIMING:
DAYS | Customer Transactions |
All Working Days | 07.00 hours to 18.00 hours |
NEFT – TRANSACTIONS – HALF-HOURLY SETTLEMENT TIMING:
DAYS | TIMING |
All Working Days | 08.00 AM to 19.00 PM for Branches
24 x 7 basis, without holidays for Online Banking |
Forty Eight Batches
RTGS/ NEFT/ SFMS – Inward | Nil |
National Automated Clearing House(NACH) Mandate Charges | One Time Mandate Registration Charges Rs.150/- |
ECS – Credit/Debit | Nil |
ECS (DEBIT RETURN) | Charges as applicable to cheque return charges for different categories |
Funds Transfer through Internet and Mobile Banking Services (IMPS transfer) | IMPS Funds Transfer through Mobile Banking and Internet Banking Services :
Up to Rs. 5,000/- : NIL Beyond Rs. 5,000/- to Rs. 25,000/- : Rs. 5/- Beyond Rs. 25,000/- to Rs. 1,00,000/- : Rs. 10/- Beyond Rs. 1,00,000/- to Rs. 2,00,000/- : Rs. 15/- |
Immediate Credit of outstation cheques upto Rs.15000/-
(i) In the case of outstation cheques, our usual commission along with postage charges should be collected at the time of instant credit to the account.
(ii) In the case of local cheques, applicable commission is Rs.10/- per cheque
(iii) Applicable service taxes plus cess thereon shall be collected in addition to the above charges.
CHEQUE RETURN CHARGES
4. Cheque / Instrument return charges – LOCAL & OUTSTATION | ||||||
PARTI CULARS | Outward Returns | Inward Returns | ||||
Return of Outward Instruments
( Outward Local Cheques / instruments including Local Clearing Cheques / LOSCs etc., lodged by customers for collection and returned to us by other Banks / Branches ) – collected as handling charges. Return of Outward Instruments (Outward Outstation Cheques / Instruments including OSCs lodged by customers for collection and returned to us by other Banks / Branches |
Return of Inward Instruments (Inward Local Cheques / instruments received for payment but returned to other Banks / Branches) Only in case of the cheque / instruments being returned for want of funds/similar reasons (to be debited from our drawer customer’s a/c)
Return of Inward Instruments (Inward Outstation Cheques / Instruments received for payment but returned to other Banks / Branches) |
|||||
OTHER THAN INDIVI DUAL | INDIVIDUALS | OTHER THAN
INDIVI DUAL |
INDIVIDUALS | |||
OTHER THAN RURAL | RURAL | OTHER THAN RURAL | RURAL | |||
For Savings Accounts/
Current, OD / OCC Accounts |
Upto 1 Cr
Rs.500/- + GST Above 1 Cr Rs.5000/- + GST |
Upto 1 Cr
Rs.500/- + GST Above 1 Cr Rs.5000/- + GST |
Upto 1 Cr
Rs.500/- + GST Above 1 Cr Rs.5000/- + GST |
Upto 1 Cr
Rs.500/- + GST Above 1 Cr Rs.5000/- + GST |
Upto 1 Cr
Rs.500/- + GST |
Above 1 Cr
Rs.5000/- + GSTUpto 1 Cr
Rs.500/- + GST
Above 1 Cr
Rs.5000/- + GST
** In addition to the above, Interest at rate applicable for clean advances will be collected for the period Bank was out of Funds [ Funds Outlay for the Bank ]
** Other Bank Charges if any will be collected.
For Instant Credit upto Rs.15000/- :Rs.10/- per cheque
Cheque Book Issue Charges : SB / CA / OD / OCC Accounts | |||
Particulars | OTHER THAN INDIVIDUAL | INDIVIDUALS | |
OTHER THAN RURAL | RURAL | ||
Issuance of MICR/CTS Cheque Book | Rs. 5.00 per cheque leaf | Rs. 4.00 per cheque leaf | Rs. 4.00 per cheque leaf |
Free Cheque leaves for SB Account in a calendar year | 20 leaves free | 20 leaves free | 20 leave free |
Note : Cheque book charges for SB accounts are to be levied only for the additional leaves issued in excess of the free entitlement.
6. No Due Certificate | OTHER THAN INDIVIDUAL | INDIVIDUALS | |
OTHER THAN RURAL | RURAL | ||
Issue of No Due Certificate | Rs. 150/- per certificate | Rs. 100/- per certificate | Rs. 50/- per certificate |
No charges for Government Sponsored Schemes.
Rs. 10/- for Agriculture and Priority Sector Advances; SHG : Rs. 10/- for each member |
SAVINGS BANK ACCOUNTS CHARGES
7. Minimum balance and Non-maintenance of Minimum balance charges: | |||||
Service/Product/Account | Particulars | Service charges | |||
(I) CANARA BASIC SAVINGS BANK DEPOSIT ACCOUNT | Minimum balance charges for non maintenance thereof | NIL. | |||
(II) CANARA SMALL SAVINGS BANK DEPOSIT ACCOUNT, | |||||
(III) NSIGSE, PMJDY, Staff, Pensioners, Senior citizen, Non-Resident, Jeevan Dhara, SB Power Plus, Pay Roll Account, GenY, SB Defence Account and canara champ account | |||||
Service/Product/Account | Minimum balance | ||||
Savings Bank account | Rural –Rs.500/-; Semi-Urban / Urban / Metro – Rs. 1000 (for both accounts with cheque book facility or without Cheque Book facility) | ||||
Non maintenance of Minimum balance charges | Modification in charges (Based on Minimum Average Monthly Balance-AMB) | ||||
a) METRO / URBAN / SEMI URBAN Branches | b) RURAL BRANCHES | ||||
AMB maintained in
the account against the stipulated Rs. 1,000/- |
Charges per
month for violation of AMB |
AMB maintained in
the account against the stipulated Rs. 500/- |
Charges per month for
violation of AMB |
||
Rs. 999/- to Rs. 700/- | Rs. 25/- +
applicable Service Tax |
Rs. 499/- to Rs. 350/- | Rs. 25/- +
applicable Service Tax |
||
Rs. 699/- to Rs. 400/- | Rs. 35/- +
applicable Service Tax |
Rs. 349/- to Rs. 200/- | Rs. 35/- +
applicable Service Tax |
||
Rs. 399/- and below | Rs. 45/- +
applicable Service Tax |
Rs. 199/- and below | Rs. 45/- +
applicable Service Tax |
||
Current Account | Rural/Semi-Urban- Rs.1000/-
Urban/Metro –Rs.5000/- |
Rs.60/- per day.
Max: Rs.400/- per calendar month. |
|||
Mode of calculation of minimum balance | Charges for non-maintenance of minimum balance on any day/any number of days during the month. | ||||
The above penal charges for non-maintenance of Minimum Balance in In-Operative CA/SB Accounts are waived.
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8. Charges for In-operative Accounts (Quarterly Service Charge) | |
i ) In-operative SB Accounts | |
a. No Charge |
|
ii ) In-operative Current Accounts | |
a. No Charge |
9. Canara Bank Service Charges – OUTWARD / INWARD COLLECTION OF BILLS :(Clean, Documentary, Demand / Usance including supply bills)
Particulars | Charges |
Upto and inclusive of Rs. 10000/- | Rs. 100.00 |
Above Rs.10,000/-up toRs.10.00 lakh | Rs. 8/- per Rs. 1,000/- or part there of with a minimum of Rs. 100/- |
Above Rs.10.00 lakhs | Rs. 8/- per Rs. 1,000/- or part thereof with a minimum of Rs. 8000/- and maximum of Rs. 15000/- |
For Bills / Cheques returned unpaid, the following charges will be levied: | 50% of applicable collection charges (as given above) with a minimum of Rs.100+postage |
LOCKERS CHARGES – SAFE CUSTODY CHARGES / SAFE CUSTODY ARTICLES | |||||||||
a) Sealed Cover / Packet | Rs.750/- min per cover p.a., or its multiples | ||||||||
b) Scrips | Rs.50/- per scrip with a minimum of Rs. 300/- p.a. or part there of | ||||||||
c) Sealed Box | |||||||||
10x10x10cc | Minimum Rs. 750 p.a. or its multiples | ||||||||
20x20x20cc | Minimum Rs.1500 p.a. or its multiples | ||||||||
30x30x30cc | Minimum Rs.2000 p.a. or its multiples | ||||||||
Note : The above charges are only indicative. Depending upon the size of the box/cover/packet Branch can charge higher in consultation with CO. | |||||||||
Canara Bank Service Charges – Safe Keeping Charges for all types of gold loans:
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Standing instruction charges (SB / CA / OD / OCC Etc.) | |
a) For transfer of funds within the same branch | One time Registration charges Rs.100/- per case Therafter Rs 35/- for every debit No charges for standing instruction to loan/ RD/ Deposit accounts of self. |
Exemptions : The above charges under standing instructions within the same branch are not applicable in the following cases : 1. Guardian’s a/c to minor’s a/c. 2. Between a/cs of parents and children. 3. Between the accounts of the spouses. 4. From Co-obligant’s account to the credit of Borrower’s account 5.
5. Standing Instruction to Loan / RD/ Deposit accounts of self. |
|
b) For transfer of funds to other branches and outside agencies | One time Registration charges Rs.100/- per case Therafter Rs 40 for every debit PLUS Actual remittance charges+OPE |
c) Failed/ non execution of SI due to insufficient funds | Rs.100 per instance (above charges are not applicable for delay in EMI/ Failed installment of loan) |
LEDGER FOLIO CHARGES – CURRENT A/C / OD / OCC / KCC / PL/ KCCS | |
40 entries or part thereof shall be treated as one page. Rs.125/- per ledger page shall be collected on quarterly basis ( jun/sep/dec/mar) in case of CA/OD/OCC/PL/KCC/KCCS (i.e. all credit limits other than single transaction limits and bills / cheque limits).
Number of free folios per Quarter in case of operative CA/OD/OCC/PL/KCC/KCCS accounts available are as under: |
|
If Quarterly Average Credit Balance in the account is | Number of folios free |
Upto Rs. 25000/- | NIL |
Above Rs. 25000/- up to Rs. 50000/- | 3 ledger page |
Above Rs.50000/- | No folio charges. |
Note: For SB accounts, no folio charges. |
13. Issue of duplicate Deposit Receipt | Rs. 100/- per instance |
14. Issue of Call Deposit Receipt | Rs. 500/- per instance |
15. Signature/ Photo Verification/Certificate for passport purpose : Signature Verification Including attestation of customers signature/photos /issue of Certificate for Passport purpose |
Rs.150/- per attestation / Verification/Certificate |
16. Parcels / Post Parcels received under ISC / IBC. (Applicable both for individuals and other customers) | For parcels not cleared on presentation, a charge of Rs.5/- per day should be levied from the due date of payment till clearance / payment. The minimum charge per parcel is Rs.20/-. |
17. Instruments Directly received by post in unsolicited covers sent by organizations / institutions(To be collected from the beneficiary if no arrangement with the sender company) | Rs. 20/- per credit / instrument (Existing guidelines apply) |
18. Deletion of deceased name, merger of companies, change in the name of companies etc (including reconstitution of accounts) | No charges for individual customers.
For other than individuals: Rs. 150/- per occasion |
19.Change in authorised signatories of companies (CA/OD/OCC) including clubs, Co-operative Societies. | Rs. 250/- per instance |
20.Loss of Token | |
Rural branches | Rs. 30/- per token |
Other branches | Rs. 60/- per token |
21.Registering Power of Attorney/Operations by power of Attorney/Mandate | |
|
Rs. 500/- p.a + GST
Rs. 700/- p.a + GST |
22. Holding Bills for collection for every quarter beyond 3 months after due date | Additional 25% of normal collection charges. Minimum Rs. 100/- per quarter. |
@ At the request of drawer / customer and subject to other applicable conditions |
23. Change of original instructions in respect of Outward / Inward bills for collection such as extension of time, waiver of C form etc. | Rs. 100/- per request plus Out of Pocket expenses. |
24. Loss of locker key | Rs. 1000/- (in addition to actual break open charges). |
25. Locker Operations | |
a) Locker Registration charges (One Time) |
Rs. 400 /- one Time |
b) Locker Rent [ Financial year ] |
Size Metro Urban/Semi Urban Rural
Small 2000/- 1500/- 1000/- Medium 4000/- 3000/- 2000/- Large 7000/- 6000/- 4000/- Very Large 10000/- 8000/- 6000/- * Synd Supreme/Canara Power Plus account holders – 25 % concession on Small/Medium sized lockers only ** The above rates are Minimum. Circles can charge higher charges based on locality / locker demand etc. |
c) Locker Security Deposit |
Size Metro Urban/Semi Urban Rural
Small 12000/- 10000/- 8000/- Medium 15000/- 14000/- 10000/- Large 20000/- 20000/- 15000/- Very Large 25000/- 25000/- 20000/- |
d) Insta Locker [ renting for shorter period of 1 day to 60 days ] |
Locker Deposit – Rs.5000/- for All Branches
Size Days Metro Urban/Semi Urban Rural Small 1 – 3 500.00 500.00 500.00 4-15 700.00 600.00 500.00 16-30 1000.00 700.00 600.00 31-60 1200.00 800.00 700.00 Medium 1 – 3 600.00 600.00 600.00 4-15 1000.00 700.00 600.00 16-30 1500.00 1000.00 900.00 31-60 1700.00 1200.00 1100.00 |
e) service charges for locker operation |
Up to 12 operations per annum: No charges
Beyond 12 operations: Rs. 100/- per operation + GST. |
f) Penal Charges on delayed remittance of locker rentals |
Penal charges to be collected in addition to actual rentals : If the delay is –
Up to and inclusive of one Quarter – 10% of applicable annual rental Up to and inclusive of two Quarters – 25% of applicable annual rental Up to and inclusive of three Quarters – 40% of applicable annual rental Up to and inclusive of four Quarters – 50% of applicable annual rental one year and above – 100% of applicable annual rental Note: Fraction of a quarter is to be treated as a full quarter of delay. First quarter delay will be reckoned from 16th April onwards and thereafter 1st of every calendar quarter (1st July, 1st Oct and 1st Jan respectively for 2nd, 3rd and 4th Quarters and 1st April for one year and above) |
26. Current Account maintained by other Bank with us: (Remittance by Banker’s cheques/ other instrument) | |
? Fund transfer among member banks for meeting adverse clearing positions ? Funds transfer for reasons other than clearing instruments ? Discounting DD/ Outstation cheques for meeting clearing adverse or otherwise ? Discounting TTs for raising of funds. ? Remittance by Cash for meeting adverse clearing position or otherwise |
No charges
0.06% of actual remittance amount
Actual discounting charges + interest + OPE as applicable to customers
As advised by Integrated Treasury Wing
120% additional to actual remittance charges |
27.Phone banking service charges for sending statement / certificate as per request under physical delivery | up to including Rs.5000/- = Rs.25/- for SB ,
Rs.50/- for others above Rs.5000/- to Rs.10000/- : Rs.50/- per instrument Above Rs.10001 to Rs.1 lakh :Rs.100/- per instrument Above 1 lakh :Rs.150/- per instrument |
28 FACILITIES / CONCESSIONS IN SERVICE CHARGES FOR CERTAIN CATEGORY OF CUSTOMERS | |
a). Collection of instruments favouring Physically challenged persons / blind | For instruments up to Rs. 10000/-, No charges. |
b). Collection of charges for scholarships amount payable to SC / ST students | Waived |
29. ISSUE OF PASS BOOK / E-STATEMENT / BALANCE CERTIFICATE / INTEREST CERTIFICATE |
Issue of Pass Book/ Pass Sheets/E-statement |
a) SB Accounts |
i) Pass Sheets/Statements : First set free of charges in a month for all categories |
ii) Computerized Pass Books : No Charges |
b) Current / OD / OCC Accounts |
Pass Sheets : First set free of charges in a month |
ISSUE OF BALANCE CERTIFICATES / INTEREST CERTIFICATES | |||
Particulars |
OTHER THAN INDIVIDUAL |
INDIVIDUALS |
|
OTHER THAN RURAL |
RURAL |
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Interest Certificates (Interest Paid / Interest Collected Certificates) | 1st Certificate : Free extra Copy : Rs. 150/- per certificate | 1st Certificate : Free extra Copy : Rs. 75/- per certificate | 1st Certificate : Free extra Copy : Rs. 50/- per certificate |
31.. ISSUE OF DUPLICATE PASS BOOK OR STATEMENT / PASS SHEET | |||
a) Duplicate Pass Book / Pass sheet / Statement | Rs. 100/- with latest balance, additional Rs.50/- per page, for previous entries | Rs. 100/- with latest balance, additional Rs.50/- per page, for previous entries | Rs. 100/- with latest balance, additional Rs.50/- per page, for previous entries |
Note : 40 entries or part thereof is treated as one page / sheet |
STOP PAYMENT : (Stop payment instructions / revocation of instruction) | |||
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i. SB Accounts | Rs. 250/- per cheque. (Maximum Rs. 1000 per occasion) | Rs. 150/- per cheque. (Maximum Rs. 750 per occasion) | Rs. 100/- per cheque. (Maximum Rs. 500 per occasion) |
ii. CA / OD / OCC
|
Rs. 200/- per cheque.(Maximum Rs. 600 per occasion) | Rs. 100/- per cheque. (Maximum Rs. 500 per occasion) | Rs. 100/- per cheque. (Maximum Rs. 500 per occasion) |
b. Noting of Loss of Cheque Book/ leaf for all accounts | Rs.5 per leaf with a Minimum of Rs.50, Maximum of Rs.1000+ GST | Rs.5 per leaf with a Minimum of Rs.50, Maximum of Rs.1000+ GST | Rs.5 per leaf with a Minimum of Rs.50, Maximum of Rs.1000+ GST |
c) Revocation of Stop Payment | SB: Rs.50/- Plus GST per revocation
CA/ OD/ OCC: Rs.100 + GST per revocation |
SB: Rs.50/- Plus GST per revocation
CA/ OD/ OCC: Rs.100 + GST per revocation |
SB: Rs.50/- Plus GST per revocation
CA/ OD/ OCC: Rs.100 + GST per revocation |
33. ENQUIRY OF OLD RECORDS | |||
a) Entries up to six months : | |||
SB / CA / OD (All type of Accounts) | Free of Charge | Free of Charge | Free of Charge |
b) Entries above 6 months up to 1 yr old : | |||
SB / CA / OD (All type of Accounts) | Rs. 100/- per request. | Rs. 100/- per request. | Rs. 100/- per request. |
c) Entries Beyond 1 yr : | |||
SB / CA / OD (All type of Accounts) | Rs. 250/- per request. | Rs. 250/- per request. | Rs. 250/- per request. |
Note: For entries above one year old, Branch manager has discretion to levy extra charges to (b) above, based on time spent / work involved. Copies of documents / cheques etc at customer’s cost. |
ACCOUNT CLOSURE : | |||
a. Closure of SB / CA before one year | |||
SB Accounts – | Rs. 200/- per account | Rs. 200/- per account | Rs. 200/- per account |
Current
Accounts |
Rs. 750/- per account | Rs. 750/- per account | Rs. 750/- per account |
b.ACCOUNT CLOSURE : (Closure of SB / CA beyond one year) – | |||
SB Accounts – | Rs. 100/- per account | Rs. 100/- per account | Rs. 100/- per account |
Current
Accounts |
Rs. 375/- per account | Rs. 375/- per account | Rs. 375/- per account |
*No Charges for closure of A/C within 14 days of opening.
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RECURRING DEPOSIT
(for premature closure of RD account within one year of its opening) |
Rs.100/- Per RD Account | Rs.100/- Per RD Account | Rs.100/- Per RD Account |
Exemptions: 1) BSBD Account 2) Opening of account in joint names.
3) Death of the account holder. 4) Transfer from branch to branch. |
INTERCITY TRANSACTIONS : (Outstation Branches) | ||
Type of Transaction | Charges for CBS branches | |
OSC | Up to and including Rs. 5000/
Above Rs 5000/ – and up to and including Rs 10,000/ – Rs 1,00,001/ – and above |
25/ – for SB account 50/- For other than SB account
Rs 50 per instrument |
Rs 100 per instrument
Rs 150 per instrument
NOTE: The above OSC charges are per instrument fixed tariffs and all inclusive charges applicable to both individual and other than individual customers irrespective of the population group. No additional charges such as courier charges, out of pocket expenses etc., should be collected from the customers.
CASH HANDLING CHARGES | |
FOR CASH REMITTANCE TO SAVINGS BANK ACCOUNTS | FOR CASH REMITTANCE TO CA/OD/OCC ACCOUNTS |
a) 3 Cash Remittance free in a month.
Re.1 per thousand or part thereof with a minimum of Rs.50/- and maximum Rs.5000/- per transaction plus GST. |
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Cash remitted at Cash Deposit Machine / Kiosks / Alternative Channels :
|
|
Cash Remittance of Small Denominations (Rs.50 and below) – SB/CA/OD/OCC
NOTE: SB/CA/OD/OCC – This is in addition to existing Cash Handling Charges. |
Cash Withdrawal at Branches SB/CA/ OD/ OCC |
NOTE: IT IS EXCLUDING ATM CASH WITHDRAWAL or other Alternate Banking Channel. |
38. Excess Number of Withdrawals in SB Account | 50 Debit Entries free per half year (excluding Alternate Channels).
If Debit entries exceeds 50 per half-year, either by cheques or otherwise, charges at Rs.10/- per Debit. |
39.Change of Nomination Facility | Noting Nomination first time: Free
Thereafter Rs. 100/- for every change of Nomination |
40.Failed Standing Instruction (Due to Insufficient Funds) |
w.e.f. 05/11/2018
Rs 100/- per instance) (Above charges are NOT applicable for Delay in EMI / failed Installment of loan repayment) |
41.Addtion / Deletion of names | Rs 50/- per case / instance |
42. Charges for recording reconstitution of account |
Rs 150/- per case / instance in case of
non-individuals |
43. Copy of the paid cheque | Rs 50/- per cheque/instrument with minimum of Rs.100/- |
44. TRANSFER OF SB / CA ACCOUNTS TO any of our Branches |
Flat Rs. 50/- plus Out of Pocket Expenses (OPE) for both SB Current Accounts. |
45.Charges for SMS Alert Per Quarter | Savings Bank :: Rs.15/- per quarter
CA/OD/OCC :: Rs.25 /-per quarter Exemptions :: PMJDY,BSBD, Other Financial Inclusion accounts |
46. POSTAL TARIFF / OUT OF POCKET EXPENSES
Postal Tariff should be collected in all cases wherever applicable, including where at par facilities are granted, as follows: |
|
a) Ordinary Post | Rs. 15/- per envelope or Actual whichever is higher |
b) Regd / Courier | Rs. 50/- per envelope or Actual whichever is higher |
c) Telegram / Fax / Telephone $ $ Only at the request of customer | Rs. 50/- per whichever is higher |
Note :: 1) Postages / Out of Pocket expenses are in addition to service charges applicable. 2) If two or more instruments favouring a single party are sent to the same branch / office of a bank together, in common single cover by post, in such cases postal tariff mentioned above as applicable to single cover / instrument may be collected. 3) If a single instrument is collected and credited to number of accounts actual / minimum postage may be shared amongst beneficiaries subject to minimum of Re.1/- per credit / customer. | |
Note 1) :: GST PLUS CESS THEREON SHALL BE COLLECTED IN ADDITION, WHEREVER APPLICABLE, AS PER CIRCULARS / COMMUNICATIONS ISSUED BY ET & T SECTION, FINANCIAL MANAGEMENT WING, HO. | |
Note 2) :: CHARGES ARE TO BE COLLECTED INVARIABLY FOR INDIVIDUALS & OTHER CUSTOMERS AND BOTH BY RURAL & OTHER BRANCHES UNLESS SPECIFICALLY MENTIONED. |
Details of consolidated Processing charges for Canara MSME Gold Loan Scheme and all Agricultural Gold Loan Schemes:
LOAN QUANTUM | CONSOLIDATED PROCESSING
CHARGES |
Upto Rs.0.25 Lakh | NIL |
Above Rs 0.25 lakh to Up to Rs.1 Lakh | Rs.450/- |
Above Rs.1 Lakh Up to Rs.2 Lakhs | Rs.750/- |
Above Rs.2 Lakhs Up to Rs.3 Lakhs | Rs.1050/- |
Above Rs.3 Lakhs Up to Rs.5 Lakhs | Rs.1100/- |
Above Rs.5 Lakhs Up to Rs.10 Lakhs | Rs.1450/- |
Above Rs.10 Lakhs Up to Rs.20 Lakhs | Rs.2750/- |
LOAN PROCESSING CHARGES |
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Sl/No | SCHEMES | Processing Charges | Minimum(Rs.) | Maximum(Rs.) | ||
01 |
Housing Loan | 0.5% | 1500.00 | 10000.00 | ||
02 |
Home Improvement Loan | 0.5% | 1500.00 | 10000.00 | ||
03 |
Canara Mobile (four wheelers) | 0.25% | 1000.00 | 5000.00 | ||
04 |
Canara Mobile (two wheelers) | 0.25% | 250.00 | 1000.00 | ||
05 |
Canara Budget | 0.5% | 1000.00 | 5000.00 | ||
06 |
Canara Rent | 0.5% | 5000 | 50000 | ||
07 |
Canara Mortgage | 1% | 5000 | 50000 | ||
08 |
Canara Trade/Trader’s Scheme | Workg Capital – Rs.100/- per lac (Max Rs 1 lac) Term Loan – 1% of the loan amt (No Max) | ||||
09 |
Canara Cash | 0.1% | 100.00 | 250.00 | ||
10 |
Teachers’ Loan | 1% | 50.00 | NA | ||
11 |
All Swarna Scheme | 0.50% | 500.00 | 5000.00 | ||
12 |
Canara Site | As applicable to Housing Loan Scheme | ||||
13 |
Canara Pension | No Processing Charges | ||||
14 |
Doctors’ Choice | Up to Rs. 25000/- – NIL – Above Rs. 25000/- Working Capital – 0.1% of the loan amount with a minimum of Rs. 250/-. Term Loan – 1% of the loan amount |
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HOUSING LOAN WITH FIXED RATE OF INTEREST | Prepayment Charges
Solvency Certificate
Capacity/ Capability Certificate
For obtaining VISA for education purpose: |
2% on the outstanding liability in case of take over of the loan by other bank / FI Rs.300 per lakh. Minimum Rs.1500+ GST Maximum Rs.25000+ GST. |
Rs.300 Per lakh.
Minimum Rs.1500+ GST
Maximum Rs.25000/- + GST
50% of the charges as mentioned above, Max Rs.2500/-+ GST.
Charges for late payment of EMINIL – only penal interest collected.
Disclaimer:
Modified Service Charges/ fees for Credit Cards w.e.f 01.04.2020
Sl No | Description | Fees Description | Service Charges/Fees |
1 | VISA Credit Card – Classic | Issuance Fee | NIL |
2 | VISA Credit Card Gold | Issuance Fee | NIL |
3 | RuPay Select Credit Card | Issuance Fee | NIL |
4 | VISA Credit Card – Classic (Main & Add on): | Annual Fee | NIL |
5 | VISA Credit Card – Gold (Main & Add on): | Annual Fee | NIL |
6 | RuPay Select Credit Card | Annual Fee | NIL |
7 | Charges on Revolved Amount:
Where the cardholder has been permitted Revolving Credit facility, the cardholder needs to pay only the minimum due amount indicated in the bill. The unpaid portion will only attract service charges: |
Revolving Facility |
2.5% p |
1 Comment
Rocky
Nice information