|
|
Individuals
|
Corporate
|
Others
|
A
|
Interest Rates
|
|
|
|
1.1
|
Savings Dep MUR
|
0.50% |
0.00%
|
NA
|
1.11
|
Savings Dep (FCY)
|
0.00%-0.25% |
0.00%-0.25% |
NA
|
1.2
|
Term Dep (MUR)
|
0.55%-1.15% |
0.50%-1.15% |
NA
|
1.4
|
Term Dep (FCY)
|
|
|
|
1.41
|
Term Dep (USD)
|
0.50%
|
0.50%
|
NA
|
1.42
|
Term Dep (GBP)
|
0.50%
|
0.50%
|
NA
|
1.43
|
Term Dep (EURO)
|
0.00%
|
0.00%
|
NA
|
2
|
Credit Facilities(MUR)
|
2.1
|
Prime Lending Rate
|
5.20% |
5.20% |
NA
|
2.2
|
Credit Card
|
NA
|
NA
|
NA
|
2.3
|
Other credit facilities-Margin over PLR
|
PLR-3% ABOVE PLR
|
PLR -3% ABOVE PLR
|
NA
|
3
|
Credit Facilities(FCY)
|
|
|
|
3.1
|
Margin over LIBOR
|
NA
|
NA
|
NA
|
B
|
DEPOSITS
|
4
|
Savings Account
|
4.1
|
Minimum account opening balance
|
Rs1000
|
Rs 5000
|
NA
|
4.2
|
Minimum credit balance to earn interest
|
Rs5,000.00
|
NA
|
NA
|
|
Quartely service charges if credit balance falls below minimum balance
|
1000 (if Qtly avg balance of Rs1000 is not maintained
|
Rs500 if Mthly avg balance of Rs5000 is not maintained
|
NA
|
4.3
|
Cost of cheque book
|
Rs6.00 per leaf
|
Rs7.00 per leaf
|
NA
|
4.4
|
Dormant/Inoperative charges
|
Rs500 half yearly
|
Rs500 half yearly
|
NA
|
5
|
Current Account
|
5.1
|
Minimum account opening balance
|
Rs5,000.00
|
Rs5,000.00
|
NA
|
5.2
|
Cost of cheque book
|
Rs6.00 per leaf
|
Rs7.00 per leaf
|
NA
|
5.3
|
Monthly service charges
|
Min Rs100.00 Max Rs1000.00 per half year
|
|
NA
|
5.4
|
Min Balance Charge
|
Rs100.00
|
Rs500.00
|
NA
|
6
|
Call Deposit Account
|
6.1
|
Minimum balance
|
NA
|
NA
|
NA
|
6.2
|
Minimum credit balance to earn interest
|
NA
|
NA
|
NA
|
6.3
|
Monthly service charges
|
NA
|
NA
|
NA
|
6.4
|
Dormant/Inoperative charges
|
Rs500.00
|
Rs500.00
|
|
7
|
Term deposits (MUR)
|
7.1
|
Minimum amount
|
Rs25,000.00
|
Rs100,000.00
|
NA
|
7.2
|
Deposit withdrawn before maturity within 3 months
|
Interest will be paid 1% below card rate for completed period
|
Will be forfeited
|
NA
|
7.3
|
Deposit withdrawn before maturity after 3 months
|
Interest will be paid 1% below card rate for completed period
|
Interest will be paid 1% below card rate for completed period
|
NA
|
8
|
Term deposits (FCY)
|
8.11
|
Minimum amount USD
|
USD1000
|
USD1000
|
NA
|
8.12
|
Minimum amount GBP
|
GBP100
|
GBP100
|
NA
|
8.13
|
Minimum amount EURO
|
EUR100
|
EUR100
|
NA
|
8.21
|
Deposit withdrawn before maturity USD
|
Interest will be paid at agreed rate for completed period
|
Interest will be paid at agreed rate for completed period
|
NA
|
8.22
|
Deposit withdrawn before maturity GBP
|
Interest will be paid at agreed rate for completed period
|
Interest will be paid at agreed rate for completed period
|
NA
|
8.23
|
Deposit withdrawn before maturity EUR
|
NIL
|
NIL
|
NA
|
9
|
Foreign Currency Account
|
|
Minimum balance
|
9.1
|
Euro
|
NA
|
NA
|
NA
|
9.2
|
Pound Sterling
|
NA
|
NA
|
NA
|
9.3
|
US Dollar
|
NA
|
NA
|
NA
|
9.4
|
Minimum credit balance to earn interest
|
NA
|
NA
|
NA
|
9.5
|
Monthly service charges
|
NA
|
NA
|
NA
|
9.6
|
Dormant charges of FCY Deposit Accounts
|
EUR10
GBP10
USD10
|
EUR10
GBP10
USD10
|
|
C
|
CREDIT FACILITIES
|
10
|
Credit Cards
|
10.1
|
Annual fee
|
NA
|
NA
|
NA
|
10.2
|
Replacement of lost/stolen cards
|
NA
|
NA
|
NA
|
10.3
|
Cash advance fee
|
NA
|
NA
|
NA
|
10.4
|
Overlimit fee
|
NA
|
NA
|
NA
|
11
|
Loans and advances
|
|
Processing fee
|
11.1
|
Against Deposits
|
0.25%, Min of sanctioned limit Min Rs500 MaxRs2000
|
0.25%, Min of sanctioned limit
Min Rs500 Max Rs2000
|
NA
|
11.11
|
Home Loans
|
1.00%
|
NA
|
|
11.2
|
Others
|
1.00%
|
1.00%
|
1.00%
|
11.21
|
Renewal
|
0.5% of Review limit Min Rs1,250 Max Rs25000
|
0.5% of Review limit Min Rs2500 Max Rs50000
|
0.5% of Review limit
|
11.22
|
Amendment fee
|
Rs500.00 per modification borrower induced
|
Rs1000.00 per modification borrower induced
|
|
11.3
|
Arrangement fee
|
NIL
|
NIL
|
NA
|
11.4
|
Ledger fee
|
Rs2.00 per tran + VAT Saving Non Ind, OD/CA Hyearly
|
Rs2.00 per tran + VAT Saving Non Ind, OD/CA Hyearly
|
NA
|
11.5
|
Commitment fee
|
Min Qtly average utilisation of sanctioned limit should be 60%. In case Qtly avg utilisation is less than 60% of sanctioned limit interest in the account will applied on min 60% of the sanctioned lim quaterly
|
Min Qtly average utilisation of sanctioned limit should be 60%. In case Qtly avg utilisation is less than 60% of sanctioned limit interest in the account will applied on min 60% of the sanctioned lim quaterly
|
NA
|
11.6
|
Early redemption / prepayment fee
|
NIL
|
NIL
|
NA
|
11.7
|
Valuation Survey & Report fee
|
Actual fee charged by Valuer subject to borrower protection act+ out of pocket exp of Rs500 per prop
|
Actual fee charged by Valuer subject to borrower protection act+ out of pocket exp of Rs1000 per prop
|
NA
|
11.71
|
Legal charges for creation of security documents
|
Rs1000 fac below 500K
Rs2500 fac below 5M
Rs5000 fac above Rs5M
|
Rs1000 fac below 500K
Rs2500 fac below 5M
Rs5000 fac above Rs5M
|
NA
|
11.8
|
Documentation charges
|
Actual fee + Rs1000
|
Actual fee + Rs1000
|
NA
|
11.9
|
Gages sans deplacement
|
Actual fee + Rs1000
|
Actual fee + Rs1000
|
NA
|
11.91
|
Registration/Erasure of charges
|
Actual fee + Rs1000
|
Actual fee + Rs1000
|
NA
|
12
|
Guarantees
|
12.1
|
Performance bonds Up to Rs5.0M
|
1.50% p.a.
|
1.50% p.a.
|
NA
|
12.2
|
Tender / bid bonds Up to Rs5.0M
|
1.50% p.a.
|
1.50% p.a.
|
NA
|
12.3
|
Advance payment bonds Up to Rs5.0M
|
1.50% p.a.
|
1.50% p.a.
|
NA
|
12.4
|
Retention money bonds / guarantees Up to Rs5.0M
|
1.50% p.a.
|
1.50% p.a.
|
NA
|
12.5
|
Shipping guarantee Up to Rs5.0M
|
1.50% p.a.
|
1.50% p.a.
|
NA
|
12.6
|
Guarantee above Rs5.0M
|
1.00% p.a.
|
1.00% p.a.
|
NA
|
D
|
GENERAL SERVICES
|
13
|
Treasury Bills
|
13.1
|
Account opening fee
|
NA
|
NA
|
NA
|
13.2
|
Transaction fee
|
NA
|
NA
|
NA
|
14
|
Debit cards
|
14.1
|
Annual fee
|
NA
|
NA
|
NA
|
14.2
|
Replacement of lost/stolen cards
|
Rs200.00
|
NA
|
NA
|
14.21
|
Reissuance of PIN
|
Rs150.00
|
NA
|
NA
|
14.3
|
Withdrawals
|
14.4
|
Bank’s ATMs
|
NIL
|
NIL
|
NIL
|
14.5
|
Other Banks ATMs in MU
|
Rs50.00
|
NA
|
NA
|
14.6
|
Other Banks ATMs Out MU
|
Rs100.00
|
NA
|
NA
|
14.7
|
Balance Inquiry/Mini Statement ON US
|
Rs1.00
|
NA
|
NA
|
14.8
|
Balance Inquiry OFF US
|
Rs10.00
|
NA
|
NA
|
15
|
Others
|
15.1
|
Telegraphic transfer / SWIFT Transfer
|
Rs350 or equivalent in USD +out of pocket exp of 1.00% of the amount
|
Rs350 or equivalent in USD +out of pocket exp of 1.00% of the amount
|
NA
|
15.2.1
|
MACSS facility
|
Rs150.00
|
Rs150.00
|
NA
|
15.2.2
|
Remittance to India
BOB to BOB
|
Rs25.00
|
NA
|
NA
|
15.2.3
|
Remittance to India
BOB to NON BOB
|
Rs50.00
|
NA
|
NA
|
15.3
|
Audit confirmation certificate
|
Rs500.00
|
Rs500.00
|
NA
|
15.4
|
Testimonial / Banker’s reference fee
|
Rs100.00
|
Rs100.00
|
NA
|
15.5
|
Letter of reference
|
Rs100.00
|
Rs100.00
|
NA
|
15.6
|
Payroll fee
|
NA
|
NA
|
NA
|
15.7
|
Internet banking fee
|
NIL
|
NIL
|
NA
|
15.8
|
Duplicate statement of account
|
Rs.50 per sheet
|
Rs.100 per sheet
|
NA
|
15.9
|
Standing Instructions
|
15.91
|
Internal transfer
|
Rs15.00
|
Rs15.00
|
NA
|
15.92
|
Transfer to other banks
|
Rs30.00
|
Rs30.00
|
NA
|
15.93
|
Direct Debits on utility bill/MRA
Others
|
Rs6.00
Rs8.00
|
Rs8.00
Rs8.00
|
NA
|
15.94
|
Unpaid SI due to insufficient funds
|
Rs150
|
Rs150
|
NA
|
16
|
Purchase of foreign cheques / bank drafts
|
16.1
|
DD INR up to INR25000
|
NA
|
NA
|
NA
|
16.2
|
DD between INR 25K to INR100K
|
NA
|
NA
|
NA
|
16.21
|
DD between INR100K to INR400K
|
NA
|
NA
|
NA
|
16.22
|
DD above INR400K
|
NA
|
NA
|
NA
|
16.3
|
DD Other Currencies
|
NA
|
NA
|
NA
|
16.4
|
Office cheque issuance
|
Rs200
|
Rs200
|
NA
|
16.5
|
Cheque book facility
|
Rs6.00 per leaf
|
Rs7.00 per leaf
|
NA
|
17
|
Cheque returned
|
17.1
|
Inward
|
Rs100
|
Rs100
|
NA
|
17.2
|
Outward
|
Rs300
|
Rs300
|
NA
|
17.3
|
Stop payment orders
|
Rs100 per cheque
|
Rs100 per cheque
|
NA
|
18
|
Safe Deposit Lockers
|
18.1
|
Type A
|
Rs2000+vat
|
Rs2000+vat
|
NA
|
18.2
|
Type B
|
Rs3000.00+vat
|
Rs3000.00+vat
|
NA
|
18.3
|
Type C
|
Rs3500.00+vat
|
Rs3500.00+vat
|
NA
|
18.4
|
Type D
|
Rs3500.00+vat
|
Rs3500.00+vat
|
NA
|
18.5
|
Type E
|
Rs4000.00+vat
|
Rs4000.00+vat
|
NA
|
18.6
|
Type F
|
Rs4500.00+vat
|
Rs4500.00+vat
|
NA
|
18.7
|
Type H
|
Rs5500.00+vat
|
Rs5500.00+vat
|
NA
|
18.8
|
Type L
|
Rs6500.00+vat
|
Rs6500.00+vat
|
NA
|
18.9
|
Night safe
|
NA
|
NA
|
NA
|