FEES AND SERVICE CHARGES APPLICABLE

AS FROM 05 MAY 2020

  INDIVIDUALSCORPORATEOTHERS
AINTEREST RATES
1Deposits
1.1Savings Dep0.50%0.00%NA
1.2Term Dep (MUR)0.60%-1.50% 0.60%-1.50%NA
1.4Term Dep (FCY)
1.41Term Dep (USD)0.20%-1.50%0.20%-1.50%NA
1.42Term Dep (GBP)0.10%-0.50%0.10%-0.50%NA
1.43Term Dep (EURO)0.00%0.00%NA
2Credit Facilities(MUR)
2.1Prime Lending Rate4.85%4.85%NA
2.2Credit CardNANANA
2.3Other credit facilities-Margin over PLRPLR-3% ABOVE PLRPLR -3% ABOVE PLRNA
3Credit Facilities(FCY)
3.1Margin over LIBORNANANA
BDEPOSITS
4Savings Account
4.1Minimum account opening balanceNILNILNA
4.2Minimum credit balance to earn interestRs5,000.00Rs10,000NA
Monthly service charges if credit balance falls below minimum balanceNILNILNA
4.3Cost of cheque bookRs5.00 per leafRs5.00 per leafNA
4.4Dormant/Inoperative chargesRs500Rs500 per half yearNA
5Current Account
5.1Minimum account opening balanceRs5,000.00Rs5,000.00NA
5.2Cost of cheque bookRS5.00 per leafRs5.00 per leafNA
5.3Monthly service chargesMin Rs100.00 Max Rs1000.00 per half yearNA
5.4Min Balance ChargeRs100.00Rs500.00NA
6Call Deposit Account
6.1Minimum balanceNANANA
6.2Minimum credit balance to earn interestNANANA
6.3Monthly service chargesNANANA
6.4Dormant/Inoperative chargesRs500.00Rs500.00
7Term deposits (MUR)
7.1Minimum amountRs25,000.00Rs100,000.00NA
7.2Deposit withdrawn before maturity within 3 monthsInterest will be paid 1% below card rate for completed periodWill be forfeitedNA
7.3Deposit withdrawn before maturity after 3 monthsInterest will be paid 1% below card rate for completed periodInterest will be paid 1% below card rate for completed periodNA
8Term deposits (FCY)
8.11Minimum amount USDUSD1000USD1000NA
8.12Minimum amount GBPGBP100GBP100NA
8.13Minimum amount EUROEUR100EUR100NA
8.21Deposit withdrawn before maturity USDInterest will be paid at agreed rate for completed periodInterest will be paid at agreed rate for completed periodNA
8.22Deposit withdrawn before maturity GBPInterest will be paid at agreed rate for completed periodInterest will be paid at agreed rate for completed periodNA
8.23Deposit withdrawn before maturity EURNILNILNA
9Foreign Currency Account
Minimum balance
9.1EuroNANANA
9.2Pound SterlingNANANA
9.3US DollarNANANA
9.4Minimum credit balance to earn interestNANANA
9.5Monthly service chargesNANANA
CCREDIT FACILITIES
10Credit Cards
10.1Annual feeNANANA
10.2Replacement of lost/stolen cardsNANANA
10.3Cash advance feeNANANA
10.4Overlimit feeNANANA
11Loans and advances
Processing fee
11.1Against Deposits0.25%, Min Rs.500.00 Max Rs2,000.00NA
11.11Home Loans1.00%NA
11.2Others1.00%1.00%1.00%
11.21Renewal0.5% of Review limit0.5% of Review limit0.5% of Review limit
11.22Amendment feeRs500.00 per modification borrower inducedRs1000.00 per modification borrower induced
11.3Arrangement feeNILNILNA
11.4Ledger feeRs2.00 per tran + VAT Saving Non Ind, OD/CA HyearlyNA
11.5Commitment feeNILNILNA
11.6Early redemption / prepayment feeNILNILNA
11.7Valuation Survey & Report feeActual fee charged by Valuer subject to borrower protection actNA
11.71Legal charges for creation of security documents
11.8Documentation chargesNILNA
11.9Gages sans deplacementMin Rs.500.00 + regn chgNA
11.91Registration/Erasure of chargesMin Rs.500.00 +actual chargeNA
12Guarantees
12.1Performance bonds Up to Rs5.0M0.125% pm Min 6mths charge or Rs.500.00NA
12.2Tender / bid bonds Up to Rs5.0M0.125% pm Min 6mths charge or Rs.500.00NA
12.3Advance payment bonds Up to Rs5.0M0.125% pm Min 6mths charge or Rs.500.00NA
12.4Retention money bonds / guarantees Up to Rs5.0M0.125% pm Min 6mths charge or Rs.500.00NA
12.5Shipping guarantee Up to Rs5.0M0.125% pm Min 6mths charge or Rs.500.00NA
12.6Guarantee above Rs5.0M1.0% pa Min 6mths chargeNA
DGENERAL SERVICES
13Treasury Bills
13.1Account opening feeNANANA
13.2Transaction feeNANANA
14Debit cards
14.1Annual feeNANANA
14.2Replacement of lost/stolen cardsRs200.00NANA
14.21Reissuance of PINRs150.00NANA
14.3Withdrawals
14.4Bank’s ATMsNILNILNIL
14.5Other Banks ATMs in MURs50.00NANA
14.6Other Banks ATMs Out MURs100.00NANA
14.7Balance Inquiry/Mini Statement ON USRs1.00NANA
14.8Balance Inquiry OFF USRs10.00NANA
15Others
15.1Telegraphic transfer / SWIFT Transfer1.00%1.00%NA
15.2MACSS facilityRs150.00Rs200.00NA
15.3Audit confirmation certificateRs500.00Rs500.00NA
15.4Testimonial / Banker’s reference feeRs100.00Rs100.00NA
15.5Letter of referenceRs100.00Rs100.00NA
15.6Payroll feeNANANA
15.7Internet banking feeNILNILNA
15.8Duplicate statement of accountRs.50 per sheetRs.100 per sheetNA
15.9Standing Instructions
15.91Internal transferRs15.00Rs15.00NA
15.92Transfer to other banksRs30.00Rs30.00NA
15.93Direct Debits on utility billRs4.00Rs4.00NA
15.94Unpaid SI due to insufficient fundsRs100.00Rs100.00NA
16Purchase of foreign cheques / bank drafts
16.1DD INR up to INR25000Rs150.00Rs150.00NA
16.2DD between INR 25K to INR100KRs200.00Rs200.00NA
16.21DD between INR100K to INR400KRs300.00Rs300.00NA
16.22DD above INR400KRs400.00Rs400.00NA
16.3DD Other Currencies0.30% Min 10 Max 5000.30% Min 10 Max 500NA
16.4Office cheque issuanceRs100.00Rs100.00NA
16.5Cheque book facilityRs5.00 per leafRs5.00 per leafNA
17Cheque returned
17.1InwardRs100Rs100NA
17.2OutwardRs300Rs300NA
17.3Stop payment ordersRs50.00 per cheque Max Rs500.00Rs100.00 per cheque Max Rs1000.00NA
18Safe Deposit Lockers
18.1Type ARs1250.00+vatRs1250.00+vatNA
18.2Type BRs2000.00+vatRs2000.00+vatNA
18.3Type CRs2400.00+vatRs2400.00+vatNA
18.4Type DRs3500.00+vatRs3500.00+vatNA
18.5Type ERs4000.00+vatRs4000.00+vatNA
18.6Type FRs4500.00+vatRs4500.00+vatNA
18.7Type HRs5500.00+vatRs5500.00+vatNA
18.8Type LRs6500.00+vatRs6500.00+vatNA
18.9Night safeNANANA