National Co-operative Bank
Service Charges


The National Co-operative Bank Service Charges effective from 14th August 2019.

No      Nature of service GST @ 18%
 
 1 Issuance of cheque book-S/B account After free 1st 30 leaves, next cheque book of each leaf @  Rs.2/- + GST @ 18%
 
 2 Issuance of cheque book – CA/CC / OD account 1st chq book free, next cheque book of each leaf @ Rs.2/- + GST @ 18%
 
 3 Issuance of duplicate Pass Book—S/B account Rs.55/- + GST @ 18% for each year of entries
 
 4 Issuance of duplicate copy of statement of accounts-CA/CC/OD/Loan Rs.50/- + GST @ 18% per page
 
 5 Issuance of Balance Confirmation Certificate Rs.50/- + GST @ 18% per reference
 
 6 Stop Payment Notice—S/B
--CA/ CC/OD
Rs.50/- + GST @ 18% per ref
Rs.100/- + GST @ 18% per ref
 
 7 Closure of account—S/B - C/A Rs.100/- + GST @ 18% (within one year, thereafter 50% of the charge)
Rs. 200/- + GST @ 18% (within 1 year thereafter 50% of the charge)
 
 8 Issuance of duplicate P.O. Same as duplicate DD
 
 9 Signature verification: S/B CA/CC/OD Rs.50/- + GST @ 18%
Rs.50/- + GST @ 18%
 
10 Half-yearly incidental charges — CA/CC/OD Rs.300.00 + GST @ 18%
 
11 Standing Instructions- S/B CA/CC/OD Rs.55/- + GST @ 18%
Rs.55/- + GST @ 18%
 
12 Charge for not maintaining minimum balance :--- S/B --- C/A Rs. 50/- + GST @ 18% per month
Rs.100/- + GST @ 18% per month
 
13 Passing of cheque against uncleared effect ( not to be allowed in S/B account) Interest @ 18% p.a. in CA/CC/OD on the amount allowed
 
14 Premature closure of term deposits Int @ 1% below the applicable rate
 
15 Late payment of RD installment Rs.1.25 per Rs.100/- p.m.
 
16 Issuance of duplicate term deposit receipt Rs.50/- + GST @ 18%
 
17 clg chq Return by us ( issued by our customer & returned) i) 250/- + GST @ 18% per instrument if cheque amount is less than Rs.1/- lakh,
ii) Rs.300/- + GST @ 18% per instrument if chq amount is between Rs.1/- lakh to 2/- lakhs
iii) If the cheque/s amount exceeds Rs.2/- lakhs, then interest @ 21% on the full amount of cheque/s for 2 days with minimum interest charges of Rs.400/- + GST @ 18%
 
18 clg chq Return returned by other banks issued by their customer & deposited by our customer for clg & returned) Rs.125/- + GST @ 18% per instrument.
 
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National Co-operative Bank