Dormant Account
Nanded
ho@bhagyalakshmibank.com
Mon to Sat
10.30 am to 2.30 pm
3.00 pm to 5.30 pm
Holiday on 2nd and 4th Saturday and every Sunday bank is closed
Service Charges
Below is a comprehensive list of service charges applicable for various banking services at Bhagyalakshmi Mahila Sahakari Bank:
Service Charges
Saving Account Charges
For opening a savings account, the deposit charges are as follows:
- Without Cheque Book: Rs. 500/-
- With Cheque Book: Rs. 1000/-
- For Students: Rs. 100/-
Additional charges include:
- Issuing Duplicate Passbook: Rs. 100/-
- Inward Cheque Return: Rs. 300/-
- Outward Cheque Return: Rs. 300/-
- If there is no transaction in the account within a year: Rs. 59/- per year
- Per Page Statement: Rs. 7/-
- Closing Savings Account within a Year: Rs. 200/-
Current Account Charges
For opening a current account, the minimum balance required is Rs. 2000/-. The charges include:
- Cheque Book Charge per Cheque: Rs. 4/-
- Incidental Charges per Six Months: Rs. 300/-
- Inward Cheque Return: Rs. 300/-
- Duplicate Account Extract Charge per Page: Rs. 7/-
- Closing Current Account within a Year: Rs. 300/-
- Outward Cheque Return: Rs. 300/-
Finance Co. Current Account Charges
For account holders who receive a cheque book for Finance Co., the minimum balance is Rs. 5000/-. Additional charges are:
- Cheque Return Charge per Cheque: Rs. 500/-
- 30 Leaf Cheque Book Charge: Rs. 400/-
Hypothecation CC Charges
For hypothecation cash credit accounts, the charges are:
- Per Cheque Charge: Rs. 4/-
- Inward Cheque Return: Rs. 300/-
- Outward Cheque Return: Rs. 300/-
- Duplicate Account Extract Charge: Rs. 10/-
Loan Charges
Loan processing and documentation charges include:
- Loan Application Charge: Rs. 50/-
- Documentation Charges:
- Up to Rs. 100,000: Rs. 400/-
- Above Rs. 100,000: Rs. 4/- per thousand
- For Hyp CC up to Rs. 100,000: Rs. 200/-
- For Hyp CC above Rs. 100,000: Rs. 1.50/- per thousand
- For Microfinance up to Rs. 20,000: Rs. 50/-
- For Microfinance above Rs. 20,000: Rs. 100/-
- No Dues: Rs. 50/-
- Visit Charges per Three Months: Rs. 200/-
Bank Guarantee Charges
For bank guarantees, the charges are:
- Up to Rs. 500,000: Rs. 2000/-
- Per Lakh on Amount Above Rs. 500,000: Rs. 400/-
Solvency Charges
For solvency certificates, the charges are:
- Up to Rs. 500,000: Rs. 2000/-
- Per Lakh on Amount Above Rs. 500,000: Rs. 400/-
Demand Draft (DD) Cancellation Charges
The minimum fixed charge for cancelling a DD is Rs. 200/-.
Pay Order Charges
Charges for pay orders are as follows:
- Minimum Pay Order Amount up to Rs. 10,000: Rs. 50/-
- Pay Order Amount per Thousand on Amount Above Rs. 10,000:
- From Current Account: Rs. 4/-
- From CC Account: Rs. 2/-
Inter Branch DD Charges
For inter-branch DDs, the charges are:
- Minimum Pay Order Amount up to Rs. 10,000: Rs. 50/-
- Pay Order Amount per Thousand on Amount Above Rs. 10,000:
- From Current Account: Rs. 4/-
- From CC Account: Rs. 2/-
Bill Discount Charges
For bill discounting, the charges are:
- For Amount of Cheque up to Rs. 20,000: Rs. 400/-
- On Bill Discount Amount: 18.5%
Loss of Receipt Charges
Charges for lost receipts are:
- New and Duplicate Identity Card for Members: Rs. 100/-
- Deposit Receipt, Shares Certificate, and Recurring Pass-Book Duplicate: Rs. 100/-
Stop Payment Charges
The stop payment charge per cheque is Rs. 100/-.
F.D.O.D, SOD, Clean Cash Credit Charges
Charges for inward and outward cheque returns are Rs. 300/-.
Other Charges
Miscellaneous charges include:
- Missing Token: Rs. 300/-
- LC (Local Connection) Charges:
- Up to Rs. 100,000: Rs. 50/-
- Above Rs. 100,000: Rs. 80/-
- ECS Clearing Charge per Transaction: Rs. 10/-
- Charges for Other Bank ATM Card and More than Five Transactions per Month: Rs. 17/-
IBC and OBC Charges
Charges for IBC and OBC transactions are:
- Up to Rs. 1,000: Rs. 20/-
- Rs. 1,001 to Rs. 5,000: Rs. 50/-
- Rs. 5,001 to Rs. 10,000: Rs. 100/-
- Rs. 10,001 to Rs. 100,000: Rs. 200/-
- Above Rs. 100,001: Rs. 300/-
Annual Charges with Service Tax
Annual charges include:
- Saving Account (Monthly Cutbook Print, Passbook, Counter Service, etc.): Rs. 59/-
- ATM Card Distribution: Rs. 200/-
- SMS Charges (for SMS Service): Rs. 50/-
- Loan Review Charges:
- Up to Rs. 1 Lakh: Rs. 400/-
- Above Rs. 1 Lakh and up to Rs. 2 Lakh: Rs. 650/-
- Above Rs. 2 Lakh and up to Rs. 3 Lakh: Rs. 875/-
- Above Rs. 3 Lakh and up to Rs. 4 Lakh: Rs. 1100/-
- Above Rs. 4 Lakh and up to Rs. 5 Lakh: Rs. 1225/-
- Above Rs. 5 Lakh and up to Rs. 6 Lakh: Rs. 1525/-
- Above Rs. 6 Lakh and up to Rs. 7 Lakh: Rs. 1725/-
- Above Rs. 7 Lakh and up to Rs. 8 Lakh: Rs. 2000/-
- Above Rs. 8 Lakh and up to Rs. 9 Lakh: Rs. 2225/-
- Above Rs. 9 Lakh and up to Rs. 10 Lakh: Rs. 2450/-
- Above Rs. 10 Lakh: Rs. 2550/-
Cash Handling Charges
For denominations:
- Coins Rs. 10/- and Notes Rs. 10/-, 20/-, 50/-
- For Saving and Current Accounts:
- Per Month Above 5 Transactions or Above Rs. 50,001: Rs. 0.60/- per Thousand (Incl. GST)
- For Hypothecation CC and Overdraft Accounts:
- From First Transaction: Rs. 0.30/- per Thousand (Incl. GST)
- For Saving and Current Accounts: