SERVICE CHARGES

Tumkur Grain Merchants Co-operative Bank Ltd.,

 REVISED SERVICE CHARGES
FOR VARIOUS SERVICES OFFERED BY THE BANK W.E.F 05/08/2019

(Excluding GST -- GST rate 18%)

Note : if there is no changes in existing charges is updated in Revised charges with

BOLD letters

Loans and advances:

SL Particulars Existing Revised charges

No
01 Loan Processing Fee / 1% of the loan amount+ 1% of the loan amount
Upfront Fee GST + GST

02 Inspection Charges Rs. 200 for local a) 250/- per Annam per
a)Within same lac (+ GST) with a
Municipal Limit Rs. 400 for Outstation Max of Rs.10,000/-.
(above Rs. 2 lacs limis
only)

b) For Outstation
Units:

03 Share amount i. Less than Rs.One crore i. Less than Rs. One
2%. crore loan amount 2%.
ii. Over Rs.one crores ii. Over Rs. One crore
1.5% of the Loan amount Loan 1.5% of the Loan
amount

04 Mortgage Charges Rs. 1,000/- for limits

(for Loan amount upto Rs.25 lacs & Rs.
above Rs.2 lacs only) 2000/- for above Rs. 25
lacs)

05 Prepayment charges 2% of the pre-paid 2% of the pre-paid

amount amount

TGMCB – SERVICE CHARGES Page 1 of 7

 SL Particulars Existing Revised charges
No
06 Service charges for a). 0.02% of the Limit,
services other than min Rs.2000/ Max.
sanction of Credit Rs.25,000/-
facilities
a) Substitution of b). 0.03% of the limit,
Collateral min Rs.5000/ max Rs.
Security/ 50,000/-
personal
guarantee
b) Release of
Personal
Guarantee /
collateral
Security
07 For working capital Rs.100/- per day after
limits: (where 30 days of delay.
drawings are
permitted based on
Stock Statement)
Non-submission of
Stock Statements for
limits above Rs.2 lacs
08 Non Submission of Flat Rs.10,000/-
Renewal Data, Per month from 30 days
Including Audited after the due date.
Balance Sheet (for However, Non-
limits above Rs. 2 submission of audited
lacs) balance sheet within 6
months of the closure of
the FY of the borrowing
entity – no charges for
the first 30 days delay
then Rs. 100/- per day
with a max of Rs.
10,000/
09 Penal Rate of Interest 2% + applicable rate of 2% + applicable rate of
interest interest
10 Charges for CIBIL
Reports
Consumer Report No Charges Rs. 150/-
(Individual)
Commercial Report No Charges Rs. 1500/-
(Other than
Individual)
11 CERSAI Charges for
Registration of
borrower property
Loan Above 5 Lakhs - Rs. 150/-
Loan upto 5 Lakhs - Rs. 100/-
TGMCB – SERVICE CHARGES Page 2 of 7
SERVICE CHARGES FOR DEPOSIT PRODUCTS:

SL Particulars Existing Charges Revised charges

no
01 SB Non Maintenance of Rs.100 per quarter Rs.100 per
Minimum Balance quarter
02 SB Inoperative charges Rs. 50/ per annum Rs. 50/ per
annum
03 SB account closure within Rs.100/- Rs.100/-
one year
04 SB account closure Rs.50/- Rs.50/-
05 Duplicate Passbook Issue Rs.50/ Rs.50/
charges
06 Passbook Updates at Non- No charges No charges
Home branch
07 Savings Account Cheque Ist 25 cheque leafs Ist 25 cheque
Book charges are free per annum leafs are free per
afterwards Rs.2 per annum
cheque leaf. afterwards Rs.2
per cheque leaf.
08 CURRENT ACCOUNTS : Rs.100/- per Rs.200/-
Non maintenance of Quarter per Month
minimum balance
02 Current account Rs.150/- per quarter Rs.250/- per
Maintenance charges quarter

03 Current Account Closure Rs.100/- Rs. 500/

charges only at the
instance of the Customer.

04 Current Account & OD Rs.2 per cheque leaf. Rs.2 per cheque
Cheque Book charges leaf.

05 Stop Payment Rs. 50/- per cheque, Rs.50/- per

Instructions: if the stop payment cheque. If the
For Savings Account, instructions are for stop payment
Current Account and more than 3 cheques instructions are
Over draft account Rs.200/- for more than 3
cheques
Rs.500/-

06 Non- Home branch No-charges No-charges

transaction charges:
Cash Transaction – cash
deposit upto
Rs.50,000/-
07 Non-home branch : Rs, 20/- Rs.50/-
Above Rs.50,000/- (Plus Cash
Handling Charges)

TGMCB – SERVICE CHARGES Page 3 of 7

 SL Particulars Existing Charges Revised charges
no
08 Cash withdrawal limit at No charges No charges
non home branches only
with cheques maximum
Limit Rs 1,00,000/- per
day
No-charges No-charges
Upto Rs. 50000/- Per day

Above Rs 50001 to No-charges Rs.25/-

Rs.100000/- Per day
09 Deposit of cheques at No charges No charges
non-home branches: –
Intra city
10 Intercity upto No charges No charges
Rs.20,000/-
11 Above Rs.20,000/- upto Rs.25/- Rs.25/-
Rs.5,00,000/-
12 Above Rs. 5,00,000/- Rs. 50/- Rs. 50/-
13 Cheque Return Charges : Rs.100/ per i.For Cheque
-Inward cheque Return instrument return upto
charges Rs.1,00,000/-
Rs.100/-+GST
ii. For cheque
above
Rs.1,00,000/
Rs.500/+GST
14 Outward cheque Return Rs.50/- per Rs.50/- per
charges. Instrument Instrument
15 Signature Attestation Rs.50/- Rs.50/-
16 Statement Verification Rs.50/- Rs.50/-
17 Standing Instruction Rs.10/- Rs.10/-
charges (one time)
18 Charges for noting ECS Rs.100/- Rs.100/-
authorization
19 ECS & ACH Debit return Rs.100/- Rs.150/-
charges
20 SMS alert Charges Rs.20/- half yearly Rs.25/- half
yearly
21 Statement Issue Charges a).1st time no Charges a).1st time no
b).2nd Time onwards Charges
Rs.10 per sheet for SB b).2nd Time
accounts. onwards Rs.10 per
c). Rs.20 per sheet for sheet for SB &
Current & OD a/c Current Accounts.

TGMCB – SERVICE CHARGES Page 4 of 7

REMITTENCE CHARGES :

SL Particulars Existing charges Revised charges

NO
01 BANKERS CHEQUE Rs.20/- Rs.25/-
CHARGES:
UP to Rs. 5,000/-
02 Rs.5001/- to Rs.15,000/- Rs.25/- Rs.30/-
03 Rs.15,001/ to Rs. Rs.30/- Rs.35/-
25,000/-
04 Above Rs. 25,000/- Re.1/- per thousand Re.1.50/- per
with a max of thousand with a
Rs.5,000/ max of Rs.5,000/
05 DEMAND DRAFT Cash Rs.20/- Cash Rs.25/-
CHARGES: Transfer Rs.15/- Transfer Rs.20/-
Upto Rs. 5,000/-

06 Rs.5,001/ to 15,000/- Cash Rs.25/- Cash Rs.30/-

Transfer Rs.20/- Transfer
Rs.25/-
07 Above Rs.15,000/- Cash Rs.3/- per Cash Rs. 5/- per
thousand and thousand and
Transfer Re.1.50 per Transfer Re. 3
thousand per thousand
With a max With a max
Rs.5,000/- Rs.5,000/-
08 Demand draft/ Pay order Rs.50/- Rs.60/-
cancellation

09 Demand Draft/ Pay order Rs. 20/- Rs. 30/-

Revalidation

Cash Handling Charges :

SL Particulars Existing Revised charges
No charges
01 For Cash Remittances Totally For SB Accounts : Deposit of Rs.
upto Rs.1,00,000/- per exempted 1 Lakh Per day free and Beyond
day per customer Rs. 1 Lakh, Rs. 0.25 Paise per
Thousand + Applicable GST
Minimum Rs.5/-

For CA and OD Accounts :

Deposit of Rs. 5 Lakh per day Free
and Beyond Rs. 5 Lakh, Rs. 0.50
paise per thousand + Applicable
GST
Minimum Rs.10/-
02 Cash Deposit for Term Totally Totally exempted
Deposit \ Loan exempted
Repayments (Other
than OD Accounts)
TGMCB – SERVICE CHARGES Page 5 of 7
RTGS & NEFT CHARGES
RTGS Transactions
Sl Transaction Amount Existing charges Revised charges
#

1 ` 2,00,000/- to ` 5,00,000/- Rs. 25 Rs. 25

2 Above ` 5,00,000/- Rs. 50 Rs. 50

NEFT Transactions
Sl # Transaction Amount Existing charges Revised charges

1 Upto ` 10,000/- Rs. 2.50 Rs. 2.50

2 Above ` 10,000/- Upto ` 1,00,000/- Rs. 5.00 Rs. 5.00
3 Above ` 1,00,000/- Upto ` 2,00,000/- Rs. 15.00 Rs. 15.00
4 Above ` 2,00,000/- Rs. 25.00 Rs. 25.00

SOLVENCY CERTIFICATE CHARGES:

SL PARTICULARS Existing charges Revised charges
NO
01 Upto Rs.1 lakh Rs.750/- Rs.1000/-
02 Above Rs.1 lakh to Rs.25 lakh Rs.3,000/- Rs.3500/-
03 Above Rs.25 lakh to Rs.50 lac Rs.6,000/- Rs.6500/-
04 Above Rs.50 lakh Rs.10,000/- Rs.10,500/-

ATM CARD CHARGES:

SL Particulars Existing Revised charges
No Charges
01 Annual Charges Rs. 100/- Rs. 150/-
02 Duplicate Card Rs. 200/- Rs. 200/-
03 Duplicate Pin Issue charges Rs. 50/- Rs. 50/-
04 Transaction Charges As per RBI As per RBI
guidelines set at guidelines set
ITSD HO at ITSD HO

BANK GUARANTEE CHARGES:

Sl Particulars Existing Revised Charges

NO. Charges
01 BG against 100% Deposit 1% + GST per yr 1% + GST per yr
02 BG against Property 3% + GST per yr. 3% + GST per yr.

TGMCB – SERVICE CHARGES Page 6 of 7

LOCKER RENT :

SL Type of Height Width Rent @ Rent at Revised Revised

NO Locker mm mm Bengaluru & remaining rent in rent in
Mysore Branches Bangalore remaining
& Mysore Branches
01 A 125 175 300 300 300 300
02 B 159 210 500 500 500 500
03 C 125 352 600 600 600 600
04 D 189 263 750 750 750 750
05 E 159 424 1250 1000 1500 1250
06 F 278 352 1500 1250 1750 1500
07 G 182 520 1750 1500 2000 1750
08 H 321 424 2000 1600 2500 1850
09 H1 321 210 1000 750 1500 1250
10 L 404 530 2000 1600 2500 2000
11 L2 365 530 2000 1600 2500 2000
12 1F/21 1500 1250 1750 1500
13 3G/20 1750 1500 2000 1750
14 L2/10 2750 2500 3000 2750
15 JCR Br (4 189 530 - 1800 - 2000
Lockers)
16 APMC (2 152 406 - 900 - 1000
Lockers)
17 APMC (2 406 508 - 2800 - 3000
Lockers)

LOCKER BREAK OPEN CHARGES:

SL PARTICULARS Existing charges Revised charges

NO
1 Locker break open Actual charges as per Actual charges as
charges the quotation issued per the quotation
by the service issued by the
provider + Rs.1000/ + service provider +
GST Rs.1000/ + GST

****

TGMCB – SERVICE CHARGES Page 7 of 7