Final

Updated upto 30.09.2006

Service Charges and fees

Name of the bank- Punjab National Bank

Charges (Rs.)

Savings Bank A/c - No frills A/c

Minimum Balance

Nil, However initial deposit of Rs.25/- required

Charges for non maintenance thereof

Nil

Saving Bank Accounts with Cheque facility

Minimum Balance

Rs.500/- in Rural Branches

Rs.1000/- in other Branches

(Self help Group Rs.100/- only irrespective of location of branch)However, Pensioners, Students, and Salaried accounts are exempted.

Charges for non maintenance thereof

CBS branches (Quarterly): Rs.80/- in Rural branches and Rs.150/ in other branches.

Non CBS branches (Monthly): Rs.50/-

And Rs.100/- for High value branches

Saving Bank Accounts without Cheque facility

Minimum Balance

Rs.500/- in Rural Branches

Rs.1000/- in other Branches

(Self help Group Rs.100/- only irrespective of location of branch) However, Pensioners, Students, and Salaried accounts are exempted.

Charges for non maintenance thereof

CBS branches (Quarterly): Rs.80/- in Rural branches and Rs.150/ in other branches.

Non CBS branches (Monthly): Rs.50/-

and Rs.100/- for High value branches

Other savings bank account facilities

Issue of Duplicate Statement

Rs.2.00 per entry/record,

Min.Rs.100/- Max. Rs.1000/-

Statement of account charges: Pass book shall be updated free of cost

Rs.30/- for additional statement

Issue of duplicate pass book

Rs.50/- per passbook with latest balance.

Issue of cheque leaves (MICR as well as Non MICR)

Rs.2.50 per cheque leaf

Account Maintenance charges for Saving Fund Accounts:

100 free of charge entries permissible on half yearly basis, thereafter Re. 1/- per record/ entry.

Free cheque leaves to Saving bank account customer (Except Premium Saving Account)

20 cheques leave free per half year.

Premium (Saving Fund ) Customers:

Free of charge cheque book facility without any limit of usage.

Mode of calculation of minimum balance

CBS branches- Quarterly basis

Non-CBS branches. – Daily basis.

Charges for recording Reconstitution of account:

Rs.150/- per occasion (Except for change due to death of the existing signatory and adding the name of spouse in pension accounts.)

Standing Instructions:

Registration:

Rs.50/- (one time charge)

Execution:

Rs.35/- + Remittance charges + out of pocket expenses

Non Execution Charges (due to insufficient funds)

Rs.50/- per transaction

Account Maintenance charges for Current, Cash Credit and CA-OD (erstwhile ledger folio charges, on half yearly basis) beyond free of charge permissible entries mentioned as under:

Rs.2/- per entry / record, minimum Rs.100/-, maximum Rs.1000/-

Free entry /Record, allowed in current accounts including CC and CA-OD

Average credit balance/QAB: Upto Rs.25000/-

No free of cost entries allowed

Above Rs.25000/- upto Rs.50000/-

100 entries per half year

Above Rs. 50000/ upto Rs.1 lac

150 entries per half year

Above Rs.1 Lac upto Rs.2 lac

250 entries per half year

Above Rs.2 lac to less than Rs.5 lac

500 entries per half year

Rs. 5 lac and above

Unlimited data entries free of cost

Free cheque leaves to Premium ( Current Account) customers:

500 Free Cheque leaves in a calendar year.

Minimum Balance / Minimum Qly. Average Balance Requirements for Current Accounts:

Area

Non CBS Branches Minimum Monthly Balance (Rs.)

CBS Branches Minimum Qly. Average Balance (Rs.)

Rural

1000

Semi Urban

3000

Urban

3000

5000

Metropolitan

5000

Charges for non maintenance of minimum balance in current accounts

Current Accounts- Individual

Current Accounts- Other than individual

At CBS branches

Rs.150/-

Rs.500/-(at High value branches) and Rs.250/- at other branches.

Rs.400/- per Quarter at Rural & Semi Urban

Rs.700/- per Quarter at Urban & Metropolitan

Note: If the balance falls below the minimum during any day during the month, at non CBS branches, penalty charges will be levied for full month.

Exemption: Pension accounts and Salary accounts.

Statement of Account Charges

Current Account: One statement to be provided free in a month

Rs.60/- for additional statement.

Premium Saving Account Customers: Customers who have maintained Minimum Balance of Rs.25000/- throughout the previous month. For CBS branches Minimum Quarterly Average Balance shall be Rs.25000/-

Premium Current Account Customers: Customers who have maintained Minimum Balance of Rs.100000/- throughout the previous month. For CBS branches Minimum Quarterly Average Balance shall be Rs.100000/-

PREMIUM SF CUSTOMERS AT CBS BRANCHES: In order to encourage customers for keeping more QAB in their Savings Account, concessions mentioned hereinafter shall be available to the customers during the current quarter provided they keep the stipulated quarterly average balance of RS. 25,000/- AND ABOVE IN THE PRECEDING/LAST QUARTER.

i	Rebate of 25% in charges for collection of outstation cheques
ii	Unlimited free cheque book facility
iii	Free of cost issuance of Debit cum ATM Cards;
iv	No service charges for all inter-sol transactions at local as well as outstation non-base branches including ‘Cash Deposit’ and ‘Cash Withdrawal’ during the quarter.

Premium CA Customers: In order to offer incentives for keeping more QAB in their Current Account, the following attractive concessions shall be available to the customers during the current quarter provided they keep the stipulated quarterly average balance of (i) Rs. 1 lac and above, (ii) Rs. 10 lac and above in the last quarter.

*Quarterly average balance of Rs. 1 lac and above in the last quarter*	*Quarterly average balance of Rs. 10 lac and* *above in the last quarter*
Rebate of 25% in charges for collection of outstation cheques and all inter-sol transactions during the quarter(at all CBS branches)	Rebate of 50% in charges for collection of outstation cheques and all inter-sol transactions during the quarter (at all CBS branches).
20% concession in charges for Issuance of draft/remittance	50% concession in charges for Issuance of draft/remittance
Free of cost issuance of Debit cum ATM Cards	Free of cost issuance of Debit cum ATM Cards
Free 50 cheque leaves in a quarter	Free 500 cheque leaves in a quarter
No charges for usage up to 200 transactions	No charges for usage of ledger folios
25% rebate in locker rent of one locker for having maintained desired level of QAB during all the 4 preceding quarters	50% rebate in locker rent of one locker for having maintained desired level of QAB during all the 4 preceding quarters
No stop payment instruction charges	No stop payment instruction charges
50% concession in charges for registration and execution of Standing Instructions during current quarter only.	No Charges for registration and execution of Standing Instructions during current quarter only
No charges for issuance of Interest/ Balance Certificates.	No charges for issuance of Interest/ Balance Certificates

Remittance Facilities through own bank *

DD - Issue Up to Rs.10000/-

Above Rs.10000/-

For Students Drafts upto Rs.1000/-(in respect of education/ examination fee only)

Rs.40/-

Rs.3/- per Rs.1000/-or part thereof Min.Rs.40/ and Max.Rs.12000/-

Rs.20/- (above Rs.1000/- normal rate will apply)

DD-Cancellation

Rs.100/-

DD-Duplicate Up to Rs.1 lakh

Above Rs.1 lakh

DD-Revalidation

Rs.100/- plus actual out of pocket expenses incurred.

Minimum 50% commission chargeable on the date of request or Rs.125/- which ever is higher.

Rs.100/-

For Students: if demand draft(s) were got issued for educational purposes, students shall not be required to pay these charges. They will be required to pay only Rs.10/- for demand drafts revalidation or cancellation, cancellation of lost Gift cheque and cancellation of lost instrument(s). Students are exempted from additional charges for issuance of drafts (against deposit of cash also) for educational purposes.

PO - Issue * Up to Rs.10000/-

Above Rs.10000/-

Rs.40/-

Rs.3/- per Rs.1000/-or part thereof Min.Rs.40/ and Max.Rs.12000/-

PO-cancellation

Rs.100/-

PO-Duplicate

Rs.100/-

PO-Revalidation

Rs.100/-

Cancellation of Lost instrument(s)

Rs.100/- per instrument.

TT – Issue *

Rs.2.25 per Rs.1000/ or part thereof subject to Minimum Rs.225/- and Maximum Rs.12000/- plus actual transmission charges.

TT - Cancellation

No charges

TT-Duplicate

No charges

TT-Revalidation

No charges

Issuance of Gift Cheques

No Charges

Cancellation of Lost Gift Cheque(s)

Rs.50/- per Gift cheque(s) requested for cancellation

EFT Charges- inward

No charges prescribed

EFT Charges- outward * (Outstation)

Up to Rs.1000/-

Above Rs.1000/- to Rs.5000/-

Above Rs.5000/- to Rs.10000/-

Above Rs.10000/- to Rs.1 lac

Above Rs.1 lakh

(Local)

Up to Rs.1000/-

Above Rs.1000/- to Rs.5000/-

Above Rs.5000/- to Rs.10000/-

Above Rs.10000/-

Rs.10/-

Rs.20/-

Rs.25/-

Rs.2.00 per Rs.1000/- or part thereof.

Rs.1.50 per Rs.1000/- or part thereof minimum Rs.200/-

Rs.10/-

Rs.20/-

Rs.25/-

Rs.1.00 per Rs.1000/- or part thereof Minimum Rs.25/-

In addition to above charges, Rs.10/- are to be recovered in case of Inter Bank Transfer i.e. where these are payable to other Bank and RBI. Further, EFT charges will be subject to a minimum of Rs.30/-.

Electronic Clearing Services: Credit Clearing

1. Sponsor Bank: Minimum charges Rs.2750/- + Charges payable to RBI and Destination Bank, if any.

a) upto 10000 records

@ Rs.3/- per record + charges payable to RBI and Destination Bank, if any.

b) Above 10000 to 100000 records

@ Rs.2/- per record (With a minimum of Rs.30000/-)+ charges payable to RBI and Destination Bank, if any.

c) Above 100000 records

@ Rs.1/- per record (With a minimum of Rs.200000/-)+ charges payable to RBI and Destination Bank, if any.

2. Charges Payable to Destination Bank and /or RBI: On actual basis, i.e. as waived/ prescribed by RBI from time to time.

Electronic Clearing Services: Debit Clearing

ECS: Debit Clearing

Re.1/- per transaction charges Minimum charges Rs.2750/- + Charges payable to RBI and Destination Bank, if any.

Returning Charges on account of insufficient funds

Re.40/- per record (w.e.f. 01.02.2007)

Full waiver in respect of Income Tax Refund Orders:

No ECS charges be levied in respect of Income Tax Refund Orders, as per RBI/ Govt. decision.

RTGS-Outward *

1) 0.10% per transaction, subject to a minimum of Rs.150/- and Maximum of Rs.2000/- plus out of pocket expenses payable to RBI, if any.

2) On upfront payment of Rs.25000/-

for usage of the RTGS facility for the next 12 months, rebate of 50% would be admissible to the customers, subject to a minimum of Rs.150/- per transaction

RTGS: Inter Bank for Clearing purposes only

Rs.1.50 per thousand with Minimum Rs.500/- and Maximum Rs.1500/-

RTGS-Inward

Rs.20/ per transaction plus RBI charges, if any.

NEFT/ SFMS* For customer related transactions (other than Banks)

Re.1/- per thousand with a minimum of Rs.25/-per transaction and maximum of Rs.2000/-+out of pocket expenses and RBI charges, if any.

Cash Management Services

Charges in Paisa per Rs.1000/-

Type of Centre

( Annual turnover in Rupees crores)

>250 100-250 <100

Metro

06 15 25

Non-Metro Locations

20 30 50

Remote Locations

50 70 90

Returning charges

Rs.120.00 per instrument.

Courier and out of pocket expenses on ‘Actual Basis’. Out of fund position: Interest will be charged @ BPLR+ 3.5% for the period Bank remain out of funds.

Remittance Facilities through other bank

DD- Issue

Not applicable.

DD-Cancellation

Not applicable.

DD-Duplicate

Not applicable.

DD-Revalidation

Not applicable.

PO - Issue

Not applicable.

PO-cancellation

Not applicable.

PO-Duplicate

Not applicable.

PO-Revalidation

Not applicable.

TT - Issue

Not applicable.

TT - Cancellation

Not applicable.

TT-Duplicate

Not applicable.

TT-Revalidation

Not applicable.

EFT Charges- inward

Not applicable.

EFT Charges- outward

Not applicable.

RTGS-Outward

Not applicable.

RTGS-Inward

Not applicable.

Collection of Cheques (outstation)

Up to Rs.10000/-

Above Rs.10000/-

Rs.45/- + actual out of pocket expenses.

Rs.4.50 per Rs.1000/- subject to Minimum of Rs.55/-Maximum Rs.12000/- plus actual out of pocket expenses.

Collection of outstation instruments of small Value upto Rs.500/-

Rs.10/- + actual out of pocket expenses.

Collection of outstation Gift Cheques upto Rs.500/-

At par + actual out of pocket expenses.

Collection of Outstation / Local bills

Bills upto Rs.5000/-

Rs.75/- + out of pocket expenses.

Bills over Rs.5000/-

Rs.8/- per Rs.1000/- or part thereof subject to a minimum of Rs.100/-+ out of pocket expenses. Maximum Rs.12000/-.

Outstation through another bank

Where remitting bank has no branch, commission to be shared on 50:50 basis

Documents received for collection: if required to be delivered FREE OF PAYMENT to drawee OR to be returned back as UNREALISED.

Normal Collection Charges + out of pocket expenses.

Charges on Inward Collection

(Bank to Bank)

-Remittance charges to be collected from the drawee

-Where remitting bank has no branch, commission to be shared on 50:50 basis

Collection of Other Bank’s Deposit Receipts on Maturity

Collecting bank shall levy charges as applicable to remittances. In the case of local collection charges as applicable to bankers’ cheque be levied. Paying bank is not to levy any service charges.

Documents/Bills: received for collection: CHANGE OF ORIGINAL INSTRUCTIONS in respect of outward/inward bill for collection including (Waiving C Form, delivery Free of Payment, extending retirement time etc.)

Rs. 50/- PER REQUEST from the proceeds of collection unless instructed otherwise.

Presentation of usance bill for acceptance

Bills upto Rs.1 lac

Bills above Rs.1 lac

All centre

Rs.100/-

Rs.150/-

Current account with SBI

Or Other Banks ( for clearing)

Cheque drawn in the account

A levy of commission of 6 paise per cent will be applied in respect of cheque drawn favouring third parties including cheques favouring other Banks.

Collection of Local Cheque

Collection of local cheques on behalf of agency banks will also be charged at the above mentioned rates.

Presentation of usance bill for acceptance

Bouncing of cheques- outstation- through own bank

Cheque upto Rs.10000/-

Cheque above Rs.10000/-

Rs.55/-

Rs.75/- or 50% of collection charges whichever is higher plus out of pocket expenses.

Bouncing of bills:

Rs.75/- or 50% of collection charges whichever is higher plus out of pocket expenses.

Bouncing of cheques- outstation- through another bank

Cheque upto Rs.10000/-

Cheque above Rs.10000/-

Rs.55/-

Rs.75/- or 50% of collection charges whichever is higher + out of pocket expenses.

Cards

ATM : Debit-cum ATM card

Membership fee

Nil

Annual Fee

Nil

Renewal Charges

Nil

Late Payment Charges

Nil

Interest Charges

Nil

Replacement charges

Damaged Card—Nil

Lost card Rs.275/-

Statement of Account sent through Call Centre

Rs.20/-

PNB ATM: Cash Withdrawal

Balance Enquiry

Nil

Transaction Charge for Partner banks (MITR)

National Financial Switch (NFS)

SBI Group

Cash Withdrawal Rs.17/-

Balance Enquiry Rs.5/-

Cash Withdrawal Rs.24/-

Balance Enquiry Rs.12/-

Cash Withdrawal Rs.22/-

Balance Enquiry Rs.10/-

Transaction Charge for Non-Partner banks

Master Card

For International transaction

Cash Withdrawal Rs.38/-

Balance Enquiry Rs.8/

Cash Withdrawal Rs.150/-

Balance Enquiry Rs.15/-

Credit Card

Membership fee

Not Applicable

Annual Fee

Not Applicable

Renewal Charges

Not Applicable

Late Payment Charges

Not Applicable

Interest Charges

Not Applicable

Replacement charges

Not Applicable

Cash withdrawal

Not Applicable

MISCELLANEOUS

Balance enquiry

Free

Balance Certificate/ other Certificate

Rs.50/-

Postal Charges for all services to be Charged as under:

Ordinary Post

Rs.15/- or actual for ordinary post whichever is higher

Regd. Post

Rs.40/- or actual expenditure- whichever is higher.

Interest Certificate

Rs.50/- (One certificate in a year- free)

Old Record Inquiries: Upto one year old

Beyond one year

Min. Rs.100/- per reference/request/document/ per sheet

Rs.300/-per reference/request/document/ sheet.

Charges for Drawing cheque less than Rs.50/-

Rs.10/- per cheque

Allowing operations through power of Attorney / Mandate

Rs.350/- per annum.

Change of Authorized Signatory in Accounts

Rs. 150/- per occasion(except for change due to death of the existing signatory), No charges from senior citizens, defence forces and ex- servicemen.

Advance Against Cheques Presented in Clearing

Minimum Rs.50/- to be charged per cheque Plus applicable Interest charges.

Transfer of Entire balance in Saving account to any of our Branch

To some other Bank

Only out of pocket expenses to be recovered

Ø Same station- Remittance charges as applicable to Banker cheque+ out of pocket expenses.

Ø Outstation- Demand Draft charges+ out of pocket expenses.

Account closure - (Non CBS branches) Saving and Current Account : With in one year of opening( Except in case of death of customer)

Account closure- (CBS branches Saving account)

With in six months of opening

Rs.100/-

Rs.150/- (Except in case of death)

For Closing Recurring Deposit account With in one year of opening( Except in case of death of customer)

Rs.100/-

Penalty charges for depositing delayed installments in Recurring Deposit Accounts

Penalty charges to be levied for delayed installments in Recurring Deposit Accounts @ Rs.2.50 for Rs.100/- p.m. irrespective of periodicity of deposit.

Use of Fax/Telephone/Modem

Not Applicable

Photo / Signature attestation

Rs.50/-per instrument (Students, pensioners, defence force personnel and war widows exempted)

Copy of original of cheque/draft (paid by Bank)

Rs.100/-for original or Rs.50/-for attested copy per instrument.

Stop Payment Charges

Rs.50/- per instrument, Maximum Rs.500/-

Advance against cheques presented in clearing

Minimum Rs.50/- to be charged per cheque+ applicable interest charges.

Personalized cheque book( Bearing name and account number duly printed)

Actual Expenditure or Rs.30/- per cheque book of 50 leaves, whichever is higher.

Inoperative account (For Non maintenance of minimum balance)

Saving Fund Account –CBS branches

Saving Fund Account–NON CBS branches

Saving Fund Account–High value branches

Current Account - CBS branches

Current Account–NON CBS branches

Current Account–High value branches

Rs.200/-per quarter

Rs.100/-per half year

Rs.150/-per half year

Rs.500/- per quarter

Rs.200/- per half year

Rs.300/ per half year

Safe Deposit Services:#

Safe Deposit Custody: Bank’s own deposit receipts

Free of cost

Safe Deposit of Sealed covers from Govt. Bodies/ organizations

Rs.350/- per cover per annum or part thereof.

Safe Deposit of Sealed Boxes from Govt. Bodies/ organizations (Size upto 30x30x30 cm)

Rs.3000/- per Box per annum or part thereof.

# For security considerations, these services are not to be provided to general public.

Locker Rent: Note A rebate of 20% be allowed (for small lockers only) if locker rent is paid in advance for a period of Five years in lump-sum and Lockers at last two rows in the cabinet near the floor will be allowed 20% rebate in locker rent .

Size of locker

Locker Rent (Per Annum at Metro/Urban/Semi urban Centres

Locker Rent (Per Annum at Rural Centres)

Small

Rs.550/-

Rs.400/-

Medium

Rs.1000/

Large

Rs.2000/-

Extra Large

Rs.4000/-

Security Deposit by way of MBFD/ Spectrum term deposit ( for the lease period of the locker) required for lockers:

Size of Locker

Amount of Deposit #

Small

Rs.4000/-

Medium

Rs.6000/-

Large

Rs.10000/-

Extra Large

Rs.20000/-

# However, highly placed Govt. officials and prestigious customers have been given relaxation.

Free Locker Visit: 24 locker visits per year are to be permitted Free of charges, more visits to be charged @ Rs.35/- per visit.

Penalties For Locker Rent in Default

Size of locker

Amount of Penalties (at all Centres)

Small

RS.50/-

Medium

RS.100/-

Large

RS.150/-

Extra Large

RS.300/-

Any default will attract penalty charges for a Completed Quarter and the rent should become due w.e.f. 1^st of the succeeding month in which the locker is leased out. One month will be allowed for payment of rent due.

Other Charges applicable at CBS Branches:

CASH DEPOSIT/WITHDRAWAL ETC.

SL.NO.	CATEGORY	SERVICE CHARGES
1.	Cash withdrawal at Base Branch.	Free
2.	2. (a) Cash withdrawals at local Non-Base Branches.(NO MAXIMUM LIMIT)	No charges for cash withdrawal upto Rs. 50,000/- per day. Thereafter, Rs.1.30 per Rs.1,000/- or part thereof. Minimum Rs.20/-per transaction.
2.	2. (b) Cash withdrawals at outstation Non-Base Branches.(NO MAXIMUM LIMIT)	No charges for cash withdrawal upto Rs. 50,000/- per day thereafter, (w.e.f. 01.02.2007) Rs.2.50/- per Rs.1,000/- or part thereof Minimum Rs.30/- per transaction.
Note: Cash withdrawal through ATMs shall continue to be made available FREE of service charges upto the specified limit as decided by the bank from time to time (presently Rs.15, 000/- per day.)

3.	3. (a) Cash Deposit at Base Branch.	Free.
	3. (b) Cash Deposit at Local Non-Base Branches. (NO MAXIMUM LIMIT)	No charges for cash deposits upto Rs. 50,000/- per day. Thereafter, Rs.1.30 per thousand or part thereof, Minimum Rs30/- per transaction.
	3. (c) Cash Deposit at Outstation Non-Base Branches.(NO MAXIMUM LIMIT)	No charges for cash deposits upto Rs. 50,000/- per day. Thereafter, Rs.2.50/- per thousand or part thereof. Minimum Rs.30/- per transaction. (w.e.f. 01.02.2007)
4.	4.(a) Transfer of Funds between Accounts at CBS Branches located at same Centre/city	Free
4.	4.(b) Transfer of Funds to Accounts at OUTSTATION CBS branches	No charges for transfer upto Rs. 25,000/- per day. Thereafter, Rs.1.30 per thousand or part thereof. Minimum. Rs. 30/- per transaction.
5 (a)	Collection Of Local Cheques at Base/Non-Base Local Branches (i.e. Cheques drawn at any bank in Delhi deposited at any CBS branch participating in Clearing House Delhi): FREE
5(b)(i)	Collection of Cheques through Non-base outstation CBS branches(by presentment through local clearing, viz. Customer having an account at CBS branch in Delhi and deposits a cheque at Mumbai which is to be presented to SBI, Mumbai through local clearing.	No charges for transfer upto Rs. 25,000/- per day. Thereafter, Rs.1.30 per thousand or part thereof. Minimum. Rs. 30/- per transaction.
5(b)(ii)	COLLECTION OF OUTSTATION CHEQUES through (by physically sending) respective outstation RCCs/designated branch, thereby involving any two centres viz. Delhi and Mumbai.*	Collection of outstation cheque charges
5(c)	COLLECTION OF OUTSTATION CHEQUES through (by physically sending) respective outstation RCCs/designated branch, thereby involving any three centres viz. Delhi Jaipur and Mumbai.*	Collection of outstation cheque charges
6.(i)	Standing Instructions: Setting up / Registration -	Rs.100/-
6(ii)	Standing Instructions: Execution / Non-Execution.	Rs.35/- + Remittance charges.

7.	Statement of Account	CHARGES:
	Monthly – Once free	Thereafter, Rs. 2/- per entry, Minimum Rs.50/- per request.
	Weekly -	Rs.450/- per year, for repeat request, Rs.2/- per entry, Minimum Rs.50/- per request.
	Daily -	Rs.900/- per year, For repeat request, Rs.2/- per entry.
	Additional Copy for any request.	Minimum Rs.50/- per request.
8.	MULTI-CITY CHEQUES: Debit Clearing (a) Paying branch and the base branch are located within same clearing centre (within the city)	Free
8.	(b) Paying branch and the base branch are not within same clearing centre (outside the city)	No charges upto Rs. 25,000/- per day. Thereafter, Rs. 1.30 per thousand or part thereof with a Minimum of Rs.25/- per cheque.
In other words, except the cases covered under 5 (b)(i), all other cases of collection of cheques involving more than one centre shall attract the Collection of outstation cheque charges. NOTE: Out of pocket expenses, if any, in addition to the above schedule of charges shall be recoverable from the customers in all the above mentioned cases.

9. PNB SMART ROAMER CURRENT ACCOUNT SCHEME: Penal Charges for non-maintenance of minimum Quarterly Average Balance of Rs.25,000/- will be Rs. 275/-per month(Rs. 825 quarterly on QAB basis)

*For remittances through cash, 20% extra to be charged in all cases, except for Students.

Retail Loan
Loan Processing Charges (also in respect of WC limits to traders) Upto Rs.25000/- Above Rs.25000/- and upto Rs.2 lac Above Rs.2 lac For non-fund based limits	Nil Rs.300/- Rs.250/- per lac or part thereof. 50% of charges as applicable to fund based limits.
Upfront Fee- For term loan (Including DPG)- Other than Retail Segment Upto Rs.25000/- Above Rs.25000/- & upto Rs.2 lakh Above Rs.2 lakh	Nil Rs.300/- 1.25% of the loan amount.
Upfront Fee- For term loan-Retail segment Housing Loans Mortgage Scheme- Upto Rs.2 Lac Over Rs. 2 Lac PNB Fin Basket Two Wheeler Loan Education/ Pensioner Loans	1% of the loan amount Rs.1000/- 1.50% of the loan amount Min. Rs.5000/- Rs.2500/- Rs.200/- (For students—Nil) Nil
Other Retail Schemes (Traders, Lease Rentals, Consumers, Jewellery, Car, Personal loans and all its variants, Doctors, Gramin Chikitsak etc.)	0.75% of the loan amount
Prepayment Charges	@ 2% on the outstanding in respect of loan shifted to other banks.
No due Certificate/ Interest Certificate	Rs.50/- per certificate
Solvency Certificate: Upto Rs.1 lac Above Rs.1 lac & upto Rs.25 lac Above Rs.25 lac & upto Rs.50 lac Above Rs.50 lac	Rs.650/- Rs.3300/- Rs.6500/- Rs.13000/-
Documentation Charges (other than retail) Upto Rs. 2 lac Over Rs. 2 lac	Nil Rs.220/- per lac or part thereof. Maximum Rs.25000/-
Documentation Charges (Retail Segment) Housing Mortgage Scheme Two-wheeler loan/ Pensioner loans Education loan	Rs.1500/- Rs.1000/- Rs.300/- Rs.300/- upto Rs. 4 lac and Rs.500/- for over Rs.4 lac
Other Retail Segments (Traders, Lease Rentals, Consumers, Jewellery, Car, Personal loans and its variants, Doctors, Gramin Chikitsak, Fin Basket etc.)	Rs.300/- upto Rs. 2 lac and Rs.500/- over Rs.2 lac.
Charges for late payment of EMI	2% above the normal rate
Charges for changing from fixed to floating rates of interest	2% of the balance outstanding
Charges for changing from float to fixed rates of interest	No Charges
Co-acceptance of bills	Rs.150/- plus 1.10% per quarter or part thereof for the liability period, per bill.
Handling charges	Rs.15/- per lac. Max. Rs.1 lac. To be recovered where full waiver of processing/upfront fee is permitted in case of borrowers availing limits of Rs.1 Crore & above
LC Charges a) opening charges - Minimum charges - Usance charges: - For Bills upto 7 days sight - Bills > 7 days & upto 3 months sight - Bills over 3 months sight - Commitment Charges:	Rs.160/- 0.28% 0.55% 0.55% for first 3 months + 0.28 p.m. in excess of 3 months 0.28% for every period of 3 months or part thereof
b) Advising Inland Letter of Credit	0.07% of each LC. Min. Rs.1000/- Flat commission of Rs.300/- for advising each amendment
c) Guarantees on a/c of discrepancies in documents	0.33% Min. Rs.150/-
d) Clean payments received under LC	Rs.160/-
e) Attestation of invoices - At the time of negotiation/ collection - On every subsequent occasion	Nil Rs.20/- per invoice. Min. Rs.30/-
f. ILC - Negotiation charges - For bills upto Rs.2.5 Lac - For bills over Rs.2.5 Lac	0.50% Min. Rs.100/- plus interest 0.30% Min. Rs.1250/- plus interest
Guarantee Commission - Performance Guarantee	Rs.100/- + 0.60% per qtr. or part thereof with a min. of 1.20%
- Other than performance guarantee	Rs.100/- + 1.00% per qtr. or part thereof with a min. of 2%
- Guarantees secured by 100% cash margin	Rs.100/- + 25% of normal commission
Lead Bank Fee	0.30% p.a.
Commitment Charges	1% in case of borrowers enjoying WC fund-based limits of Rs.5 Crore & above
Purchase/discount of bills/cheques (a) DD Purchase (Cheques/Drafts) (i) Local Cheques/Drafts	Interest rate as applicable to clean advances for the number of days funds are advanced depending upon the time taken at different clearing centres. No collection charges are to be levied.
(ii) Outstation Cheques/Drafts	55 paise per cent plus collection charges for cheques as applicable for respective slabs.
(b) Purchase/Discount of Bills (i) Demand Bills (Clean/Documentary)	55 paise per cent plus collection charges for bills as applicable for respective slabs.
(ii) Usance Bills (Clean/Documentary)	Interest/discount from the date of purchase/discount till due date at the interest rate applicable for working capital advances to the respective borrower plus collection charges as applicable to bills for collection for the respective slab.
8. Facility Cancellation Charges	@ 2% of sanctioned fund based limits. To be recovered from those borrowers who shift to other banks and where the applicable sanctioned rate is 9% or below
9. Charges in terms & conditions of sanction	0.02% of the loan amount. Min. Rs.1000/-. Max. Rs.500000/-
10. Allocation of limits	Rs.7500/- p.a. for allocation of limit to each branch (to be recovered by controlling branch). In case of advances moved from one business unit to another at bank’s instance, then no charges.
11. Additional jobs/responsibilities on behalf of lender banks, in respect of all term loans sanctioned under consortium/ syndication/ multiple banking arrangement, involving total term loan component of Rs.5 Crore & above
a) Project Implementation & monitoring fee	Rs.100/- per lac
b) Security Agency Fee	Rs.100/- per lac per annum
c) Escrow A/c maintenance fee	Rs.1 lac per annum per account

Charges for Agriculture Advances

Upfront fee in case of term Loans only (for loans over one year)

Upto Rs. 25,000 - Nil

Above Rs.25,000 - Upto Rs. 2 lakh Above Rs. 2 lakh-

Nil

Rs. 300/-

1.25% of the loan

Documentation Charges

Upto Rs.2 Lakh - Nil.

Above Rs.2 Lakh -

Nil

Rs.220/- Per Lakh or part thereof.

Maximum Rs.25,000/-

Processing charges (working capital Advances) for loans upto one year

Upto Rs. 25,000

Above Rs. 25,000 Upto Rs. 2 lakh

Above Rs. 2 lakh

Nil

Rs.300/-

Rs.250/- per lakh or part thereof.

Ledger folio Charges.

Rs. 70 per folio per half year.

(particularly applicable in KCC among agriculture loans)

Service Charges for Issue of KCC

For issue of New Card & Replacement of the card irrespective of size of the limit

Rs. 50/- per instance

Foreign Exchange Transactions

EXPORTS
Sl. No.	Type of Transaction	Charges
1.	Bills purchased/discounted/negotiated
1.1	Processing charges for each foreign currency export bill.	- Upto Rs.2 lacs or equivalent Rs.400/- per bill. -Over Rs.2 lacs or equivalent Rs.800 per bill.
1.2	Processing charges for each Rupee export bill.	- Upto Rs.2 lacs or equivalent Rs.400/- per bill. - Over Rs.2 lacs @ 0.125% of the bill amount with a minimum Rs.800/- per bill.
1.3	Forwarding export documents to another bank due to reasons such as LC being restricted to the later or the LC have been confirmed by that bank.	0.25% of the bill amount with a minimum of Rs.500/- per bill.
1.4	Reimbursement commission is to be recovered when reimbursement under LC is claimed from another bank in India.	0.30% of the bill amount with a minimum of Rs.750/- per bill and maximum Rs.1500/- per bill.
1.5	For joining customer's guarantees and giving guarantees on behalf of customers in respect of discrepant documents.	0.30% of the bill amount with a minimum of Rs.500/-.
1.6	In case of overdue export bills purchased/ discounted/negotiated where proceeds are not received in Nostro a/c on or before the due date (Including deferred exports).	Rs. 400/- per quarter or part thereof per bill (to be recovered at the end of every quarter).
1.6	The above charges are not applicable in case of bills drawn on countries with externalisation problems i.e. where bills have been paid in local currency and exporter has obtained RBI approval.
2.	Bills Sent on Collection Basis
2.1	For each export bill sent for collection.	0.125% with a minimum of Rs.500/- and maximum of Rs.10, 000/- per bill.

2.2	Export documents sent by the exporter directly to the overseas buyer as per extant guidelines of Reserve Bank of India, charges for release of GR forms.	Upto Rs. 2 lacs or equivalent Rs. 300/- per GR form subject to minimum of Rs 500/- per bill. Over Rs. 2 lacs or equivalent Rs. 600 per GR form.
2.3	Overdue export bills sent for collection where proceeds are not received in India on or before due date.	Rs. 400/- per quarter or part thereof per bill (to be recovered at the end of every quarter).
2.3	The above charges are not applicable in case of bills drawn on countries with externalisation problems i.e. where bills have been paid in local currency and exporter has obtained RBI approval.
3.	Certificates
3.1	Issuance of certificates/attestation in respect of export transactions.	Rs.125/- per certificate/ attestation (of any document including invoices)
3.2	Registration of export contracts	Rs.500/- per registration and Rs.250/- per amendment of contract.
4.	Export Letter of Credit
4.1	Advising letter of credit	Rs.600/- per LC
4.2	Advising amendment	Rs.300/- per amendment.
4.3	LC Confirmation charges	Powers to add confirmation to FLCs of correspondents/approved banks is vested with IBD – HO. Detailed instructions/charges in this regard are being advised through a separate foreign exchange circular. Discretionary powers for relaxation of charges for adding confirmation to FLCs will continue to be vested with Head Office.
4.4	Transfer of letter of credit	Rs.600/- for each transfer.
4.5	Acceptance commission for accepting usance drafts to be drawn on or accepted by banks in India.	0.20% per month

B. IMPORTS
1.	For establishing an Import Letter of Credit/Revolving letter of credit/Letter of credit covering imports of goods on deferred payment terms.
1.1	Upto Rs. 4 crores or equivalent	Commitment Charges @ 0.20% for every quarter or part thereof for the full validity of the credit. Usance Charges: - (i) 0.20% for bills upto 10 days sight (ii) 0.40% for bills over 10 days and upto three months sight (iii) 0.40% for the first three months plus 0.1% per month in excess of three months for bills over three months sight.
1.2	Over Rs. 4 crores or equivalent	For bills above 4 crores and upto Rs 16 crores One half of the charges as applicable on Rs. 4 crores and on amount exceeding Rs. 16 crores 1/4 of charges applicable to Rs. 4 Crores.
1.2	For example, if a LC of Rs.20 crores is to be opened, normal commission upto Rs.4 crores + one half of the normal commission for Rs.12 crores + one fourth of our normal commission on Rs.4 crores i.e. the remaining amount would be charged.
1.3	LCs established against 100% cash margin.	In case of LC against 100% of cash deposit as security the charges will be 1/4 of the normal charges mentioned above.
2.	Amendment to Letter of Credit (LC)
2.1	Extension of validity of L/C within 3 months period (for which commitment charge has been collected).	Rs.500/- per amendment.
2.2	Where extension of validity of credit goes beyond 3 months (for which commitment charge has been collected upto 3 months).	Fresh commitment charges at applicable rate per quarter or part thereof subject to minimum of Rs. 500/-.
2.3	In case of enhancement of value of credit.	Both the usance and commitment charges as applicable to establishing a letter of credit
2.3	In case of enhancement of value of credit.	, shall be recovered for the additional amount, on the outstanding liability under the LC subject to minimum of Rs.500/-.

2.4	In case of amendment extending the tenor of the Bills of Exchange.	Appropriate additional usance charge shall be collected on the outstanding liability under the LC subject to minimum of Rs.500/-.
2.5	Amendment other than extension of validity or enhancement of tenor of the bill of Exchange.	Rs.500/- per amendment.
2.6	For revival of expired L/Cs within 3 months from date of expiry.	Both the usance and commitment charges from the date of expiry upto the validity period of the revived letter of credit subject to minimum of Rs.500/-.
2.7	Countersigning/Co-acceptance/Avalisation of import bills drawn on importers.	0.10% per month for the tenor of the bill and where the bill of exchange drawn for less than 3 months, minimum commission of 0.30% shall be recovered.
3.	Commission on import bills (under L/C)
3.1	Foreign currency bills at the time of crystallisation or retirement whichever is earlier.	0.20% of the bill amount.
3.2	In case of rupee import bills drawn under letter of credit.	0.30% of the bill amount.
3.3	If bills are not retired within 10 days from the date of receipt of bills in case of demand bills and on the due date in case of usance bills.	Additional commission of 0.20% of the bill amount to be recovered.
3.4	Foreign currency bills under LC where no exchange benefit accrues to the opening bank.	0.15% of the bill amount.
3.5	Discrepancy charges in case of non-confirming documents under LC.	Rs.300/- per discrepancy with maximum Rs.1,500/- (to be recovered from LC opening bank/importer).
4.	Commission on import bills (not under L/C)
4.1	On each bill drawn in Rupees and in foreign currency on which no exchange margin accrues to the bank.	0.450% with a minimum Rs.500/-.
4.2	On each bill drawn in foreign currency on which bank earns exchange benefit. .	0.30% with minimum of Rs.500/-.

5.	In case of import bills of over Rs.4 crores or equivalent
5.1	Upto Rs.4 crores or equivalent	At full rates specified above.
5.2	Over Rs. 4 crores or equivalent.	For bills above 4 crores and upto Rs 16 crores, One half of the charges as applicable on Rs. 4 crores and on amount exceeding Rs. 16 crores 1/4 of charges applicable to Rs. 4 crores.
5.2	For example if a bill of Rs.20 crores is received, normal commission upto Rs.4 crores + one half of the normal commission for Rs.12 crores + one fourth of our normal commission on Rs.4 crores i.e. the remaining amount would be charged.
5.3	For each bill received directly by importer from the overseas exporter/ bank, at the time of effecting remittance.	0.15% of the bill amount with a minimum of Rs. 500/-.
5.4	For foreign currency import bill required to be forwarded to another bank which will be required to remit the proceeds to the remitting bank abroad	Handling charges Rs. 500/- per bill
5.5	Import documents covering project imports under Inter-Government Aid Scheme and Schemes (including projects those financed by International Agencies like World Bank, IMF, ADB etc.) where no LC is opened.	0.040% irrespective of the amount of each drawing.
5.6	Release order pending receipt of shipping documents (Imports) for Air consignments.	Rs.500/- for each release order.
5.7	Merchanting Trade	Commission at 0.15% on each transaction.
C.	Guarantees
1.	Guarantees in favour of shipping companies/agencies for clearance of goods pending production of bill of lading
1.1	Relating to imports under LCs opened by the guarantor banks themselves.	0.0750% subject to minimum of Rs. 500/- per guarantee.

1.2	In all other cases.	0.30% at the time of issue of the guarantee. If the guarantee remains current beyond three months an additional commission of 0.20% per month or part thereof as long as the guarantee remains operative thereafter, subject to minimum of Rs.500/- per guarantee.

2.	Export performance guarantees which include (i) Bid bonds (ii) Bonds for earnest money (iii) Guarantees for advance payment made by foreign buyers to Indian exporters/contractors
2.1	Guarantees covered by ECGC counter guarantee - Where the cover is to the extent of 75% - Where the cover is to the extent of 90%	0.55% per annum +ECGC premium 0.45% per annum + ECGC premium
2.1		(Subject to minimum of Rs.500/- per guarantee)
2.2	In case of guarantees issued against 100% counter guarantees of the Govt. of India	0.40% per annum, subject to minimum of Rs. 500/- per guarantee
2.3	In case of guarantees issued against cash deposit to the extent of bank's liabilities.	0.30% per annum, subject to minimum of Rs. 500/- per guarantee
2.4	In case of guarantees, which are not covered by cash deposits or ECGC/Government of India counter guarantees.	1.20% per annum, subject to minimum of Rs. 500/- per guarantee
2.5	Export performance guarantees, Bid-bonds etc. (other than for Project Exports) and Export performance guarantees covering export obligations in terms of import trade control regulations and export performance guarantees/bid bonds connected with deemed exports.	0.10% per month for the specified period of liability. Where the guarantee period is less than three months, minimum commission of 0.30% of the guarantee amount to be recovered, subject to minimum of Rs.500/- per guarantee.
2.5		In case of early redemption of the guarantees a minimum of 50% of the commission for the unexpired period i.e. from the date of redemption to the expiry date shall be refunded.

2.6	Deferred Payment Guarantees covering imports of goods into India/ repayment of foreign currency loans.	0.70% per quarter or part thereof for the specified period of liability calculated on the amount of liability under such guarantee at the beginning of the every quarter.
2.7	Guarantees (other than those issued for project exports) issued against 100% counter guarantees of Govt. of India and guarantees issued against 100% cash deposit to the extent of bank's liabilities, irrespective of the amount	1/4th of the charges applicable for guarantees not backed by 100% counter guarantee, subject to minimum of Rs. 500/- per guarantee.
2.8	Guarantees issued on behalf of Central & State Government and Corporations/ Institutions/ Companies wholly owned by them irrespective of the amount.	One-half of the charges prescribed as applicable to similar guarantees issued on behalf of general clients.
2.9	All other guarantees.	0.20% per month for the specified period of liability with a minimum of 0.35%, (subject to minimum of Rs. 500/- per guarantee).
D.	Miscellaneous Charges
1.	Inward Remittances
1.1	Encashment of TTs/ purchase of MTs/DDs in respect of which cover has been received in Nostro Accounts	Current TT buying rate + handling charges as under: Upto Rs 50,000 - Rs.100/-, Above Rs.50,000 and upto Rs.2 lacs - Rs.200/-, Above Rs.2 lacs - Rs.500/- (Including cost of FIRC/courier charges/ postage).
2.	Clean Payments
2.1	Where the inward remittance has to be paid in foreign currency by way of a demand draft/mail transfer/ payment order/telegraphic transfer.	0.15% of the amount with a minimum of Rs.500/-
3.	Outward Remittances
3.1	Foreign Currency	Upto Rs.10,000/- - Rs.100/- Above Rs.10,000/- and upto Rs.1 lac - Rs.200/- Above Rs.1 lac @ 0.15% with minimum Rs.300/-.

3.2	Clean Instruments sent for collection abroad	Upto Rs 1000/- nominal commission of Rs 25/- be charged. Above Rs 1000 commission @ 0.30% subject to a minimum Rs 100/-.
3.3	On foreign currency instruments favouring resident beneficiary and sent for collection in India	As applicable to inland transactions
4.	Forward Contracts
4.1	Charges for Booking of forward contracts. For NRIs Other than NRIs	No charges Rs.500/- per contract
4.2	Charges for early delivery/extension of contracts (including NRIs)	Minimum Rs. 300/ + Swap cost + interest at BPLR on outlay of funds
4.3	Commission for issuance of foreign currency traveler cheques	1.25% in case of sale of traveller cheque to Indian Resident. The commission will be 0.30% in case of issuing FTC against foreign currency remittance at the request of the beneficiary with a minimum of Rs.250/-
5.	Swift
5.1	Swift Charges - Per message - Full text LC/LG	Rs.500/- Rs.1000/-
6.	Others
6.1	Returning of clean instruments/bills etc sent for collection abroad	Charges @ 50% of our normal charges to be recovered.
6.2	Foreign exchange transactions where no exchange commission is earned by the bank like credits or debits to EEFC accounts, adjustment of packing credit from proceeds received from another bank etc	Commission of 0.15% to be recovered in lieu of exchange benefit.
6.3	TCs - Selling	1.25% of Rupee equivalent.
6.4	TCs - Encashing	No separate service charges as our margin is loaded in exchange rates.
6.5	TCs - Foreign Currency	No separate service charges as our margin is loaded in exchange rates.