|
|
Individuals
|
Corporate
|
Others
|
A |
Interest Rates |
|
|
|
1.1 |
Savings Dep MUR |
3.10% |
0.10% - 0.50% |
NA |
1.11 |
Savings Dep (FCY) |
0.00%-0.25% |
0.00%-0.25% |
NA |
1.12 |
Savings Dep (GBP) |
0.00% - 0.25% |
0.00% - 0.25% |
NA |
1.13 |
Savings Dep (USD) |
0.00% - 1.00% |
0.00% - 1.00% |
NA |
1.2 |
Term Dep (MUR) |
3.30%-3.75% |
3.30%-3.75% |
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 |
7.45% |
7.45% |
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Deposit withdrawn before maturity within 3 months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Deposit withdrawn before maturity after 3 months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Deposit withdrawn before maturity USD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 |