Schedule of Charges

    Standard Trade and Remittance Pricing

    Nature of Products Charges (Rs) Minimum Charges (Rs)
    INLAND
    INLAND LETTERS OF CREDIT
    LC Issuance Sight : 0.15% per quarter
    Usance :Commitment = 0.15 % p.q Usance (above 10days) = 0.15% Usance (above 90 days) =0.30% p.q.
    Rs 1000/-
    LC Amendment    
    Non Financial Amendmnet Rs 750/-  
    Financial /Extension Amendment same as LC issuance  
    INLAND BILLS UNDER COLLECTION
    Bills received for collection (Flat Fee) 3 per thousand or part thereof Rs 500/-
    Bills received sent on collection (Flat Fee) 0.10% Rs 1200/-
    INLAND BILLS DISCOUNTING
    Bill Processing Fee (Flat Fee) 0.10% Rs 500/-
    EXPORTS
    EXPORT LETTERS OF CREDIT
    Export LC Advising Rs 1000/-  
    Advising Amendments Rs 500/-  
    LC Transfer Rs 1200/-  
    LC Confirmation based on Country /Bank Risk    
    EXPORTS DOCUMENT HANDLING
    Document Handling Charges (Collection/ Advance Payment) 0.0625% Rs 750/-
    Document Handling Charges (Negotiation/ Purchase) 0.25% Rs 1200/-
    COMMISSION IN LIEU OF EXCHANGE
    (Applicable for credit to EEFC a/c, PCFC, contracts with other banks, FCY remittances for other purposes) 0.125% Rs 100/-
    MISCELLANEOUS SERVICES
     
    Overdue commission on export bills
    Issuance of GR waiver
    Upto 3 months Nil Thereafter Rs 500 per quarter or part thereof Rs 500/-  
    Remittance of agency commission /Export Claim
    Charges on extension of tenor
    Rs 250/- Flat  
    Issuance of various Export Performance Certificates
    Rs 100/-  
    IMPORTS
    IMPORT LETTER OF CREDIT

    LC Issuance

    Sight : 0.15% per quarter
    Usance :Commitment = 0.15 % p.q Usance (above 10days) = 0.15% Usance (above 90 days) =0.30% p.q.

     

    Cash Backed LC Issuance

    5 bpps lesser than above

    Rs 1000/-
    LC Amendment    
    Non Financial Amendmnet Rs 750/-  
    Financial /Validity Amendment same as LC issuance  
    IMPORT BILLS UNDER LC

    Document Retirement Charges

    0.15%

    Rs 1200/-
    IMPORT BILLS UNDER COLLECTION
    Bills received for/sent on collection (Flat Fee) 0.20% Rs 1000/-
    DIRECT REMITTANCE

    All direct remittances

    0.125%

    Rs 1000/-
    ADVANCE REMITTANCES
    All advance remittances 0.125% Rs 1000/-
    MISCELLANEOUS

    Issuance of Delivery Order

    Rs 1000/-

     

    Discrepancy Handling fees (USD)

    USD 70

     
    COMMISSION IN LIEU OF EXCHANGE
    (Applicable for payemnts from EEFC a/c, FCY loans ,
    Fwd contracts with other banks, )
    0.125% Rs 100/-
    GUARANTEES
    FINANCIAL GUARANTEES

    Issuance p.a

    2.00%

    Rs 2000/-
    Amendments    
    Non Financial Rs 750/-  
    Enhancement/ Extension same as issuance  
    PERFORMANCE GUARANTEES

    Issuance p.a

    1.50%

    Rs 2000/-
    Amendments    
    Non Financial Rs 750/-  
    Enhancement/ Extension same as issuance  
    OTHERS
    OTHER CHARGES
    Swift -LC Rs 1000/-  
    Swift -Other International Rs 500/-  
    Inter City Courier Rs 300/-  
    International Courier Rs 750/-  
    Inward Remittances Free *  
    FIRC Issuance charge Rs 100/-  
    Outward Remittances (A2 Remittances) Flat Rs 250/-  
    Fees for application made to RBI on clients behalf and
    followup thereof
    Rs 500/-  

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