Logo Home | About Us | Recruitment | FAQs | Feedback | Inquiry | Sitemap | Contact Us
Toll Free Number: 1800 425 1515   
WCAG 2.0 compliant website  
+ हिंदी తెలుగు
 
Search
Corporate NRI MSME
 Home »  ServiceCharges1
Font:- a | a | a
 
 bulate  MINIMUM BALANCES AND SERVICE CHARGES
 
S No. Area of Banking Service Service charges (exclusive of service tax)
I Opening & Minimum balances Quarterly average balances
  Current Account & ICD (Amount in Rupees)

Metro
Urban Semi-urban Rural
5000 3000 2000 1000
  AB Premium Current Account (Amount in Rupees)

Metro
Urban Semi-urban Rural
1,00,000 1,00,000 1,00,000 1,00,000
  Savings Account with cheque book (Amount in Rupees)

Metro
Urban Semi-urban Rural
500 500 250 250
  Savings Account without cheque book (Amount in Rupees)

Metro
Urban Semi-urban Rural
250 250 250 100
  Abhaya Savings Account with cheque book (Amount in Rupees)

Metro
Urban Semi-urban Rural
500 500 500 300
  Abhaya Savings Account without cheque book (Amount in Rupees)

Metro
Urban Semi-urban Rural
300 250 250 150
  ASB Plus Account with cheque book (Amount in Rupees)

Metro
Urban Semi-urban Rural
500 500 500 400
  ASB Plus Account without cheque book (Amount in Rupees)
Metro Urban Semi-urban Rural
300 300 300 200
  Abhaya Gold Account (Amount in Rupees)

Metro
Urban Semi-urban Rural
1000 1000 1000 1000
  AB Jeevan Abhaya Age 18 – 35 years
Age 36 – 50 years
Age 51 – 55 years    
(Amount in Rupees)

Age in Years
Metro Urban Semi-urban Rural
18 – 35 1000 750 750 750
36 – 50 1000 1000 1000 1000
51 – 55 1000 1000 1000 1000
  AB Kiddy Bank (Amount in Rupees)

Metro
Urban Semi-urban Rural
150 150 150 150
  AB Easy Savings account (No-frills account) (Amount in Rupees)
Metro Urban Semi-urban Rural
5 5 5 5
     
II Charges for not maintaining of minimum balances
  Current Account & ICD Rs.200/- per quarter at all centres
  AB Premium Current Account Rs.400/- per quarter at all centres
  Savings group accounts except AB Super Salary and AB Easy Savings accounts Rs.50/- per quarter at Rural Centres and Rs.100/- per quarter at other centres
  AB Super Salary account Rs.150/- per quarter at all centres
     
III Closure of accounts
  Savings group accounts except AB Easy Savings accounts
Particulars Non-individuals       Individual          Pensioner /  Sr. Citizen /Individual in Rural Areas  
Within one year of opening Rs.200/- Rs.150/- Rs.100/-
After one year of opening Rs.100/- Rs.80/- Rs.60/-
Rs.3/- per cheque leaf (if charges are not levied at the time of issue of cheque book)
  Current Account group
Particulars Non-individuals       Individual          Pensioner / Sr. Citizen / Individual in Rural Areas  
Within one year of opening Rs.500/- Rs.350/- Rs.250/-
After one year of opening Rs.300/- Rs.200/- Rs.150/-
Rs.3/- per cheque leaf (if charges are not levied at the time of issue of cheque book)
  Premature closure of RD accounts within 6 months RD General accounts
Rs.10/- where the balance outstanding is less than Rs,100/-
Rs.20/- where the balance ranges between Rs.100/- to Rs.1000/-
Rs.50/- where the balance outstanding is more than Rs.1000/-
AB RD PLUS
0.50% on the balance outstanding subject to a minimum of Rs.50/- and maximum of Rs.500/-
     
IV Issuance of duplicate statements / passbooks Duplicate statement / passbook with latest balance
Rs.15/- For Statement and Rs.15/- for Passbook
Duplicate statement / passbook with previous entries
Rs.25/- for each 40 entries for Statements 
Rs.75/- plus additional Rs.50/- per bunch of every 40 entries for Passbooks
     
V Cheque book issuance charges Savings group accounts
25 leaves free in a year (from the date of opening)
Rs.2.50 per leaf thereafter
Current account & ICD
No free cheque book.  Rs.3/- per leaf
AB Premium Current Account
No charges
     
VI Stop payment instructions
Particulars Non-individuals       Individual          Pensioner /  Sr. Citizen / Individual in Rural Areas  
Per cheque Rs.60/-
(Max. Rs.250/- for multiple cheques at a time)
Rs.55/-
(Max. Rs.225/- for multiple cheques at a time)
Rs.50/-
(Max. Rs.200/- for multiple cheques at a time)
     
VII Standing instructions Noting of standing instructions – Rs.25/-
Within same branch – No charge
Inter-Bank and Intra-Bank (outside city) – Remittance charges plus out-of-pocket expenses.
Non-execution of standing instruction due to insufficient balance in the account – Rs.100/-
Re-noting of standing instructions – Rs.100/-
     
VIII Inoperative accounts Savings accounts
If minimum balance stipulated is maintained – NIL
Balance is less than Rs.50/-: Account will be closed and balance will be appropriated under advice to the accountholder at his last recorded address.
Balance Rs.51/- to Rs.100/-: Rs.50/- per year under advice to the accountholder at his last recorded address
Balance above Rs.100/-: NIL
Current account group
If minimum balance stipulated is maintained – NIL Balance is less than Rs.100/-: Account will be closed and balance will be appropriated under advice to the accountholder at his last recorded address.
Balance Rs.101/- to Rs.500/-: Rs.100/- per year
Balance Rs.501/- to Rs.2500/-: Rs.50/- per year
Balance above Rs.2500/-: Rs.20/- per year
     
IX Issuance of Balance Certificate Rs.100/- per certificate
     
X Issuance of interest certificate No charges
     
XI Enquiries relating to Old records (more than 12 months old)
Non-individual       Individual          Pensioner / Sr. Citizen /Individual in Rural Areas  
Rs.115/- per item Rs.110/- per item Rs.100/- per item
     
XII Record copy of cheque / other instruments
Non-individual  Individual  Pensioner / Sr.Citizen/ Individual in Rural Areas  
Rs.100/- per item Rs.100/- per item Rs.100/- per item
     
XIII Penal charges delayed payment of instalments in RD accounts 10 paise for instalment of Rs.10/- per month in multiples thereof irrespective of period of deposit
     
XIV CBS operations Inter-SOL charges For Savings and Current Account groups
  Cash Deposit (by self) Upto Rs.50000/- (max.): Free
  Cash Deposit (by others) Upto Rs.1000/- (min.): Rs.10/-
Rs.1001 to less than Rs.50000/- (max.): Rs.2/- per thousand with minimum of Rs.10/-
  Cash withdrawal For self cheques (Customer to be present) upto Rs.50000/-: Free
  Transfer of funds (non-cash transactions) Upto Rs.1.00 lacs: Free
Rs.1.00 lac and above: Rs.50/- per transaction
  Issuance of DDs / Pos Applicable service charges will be collected
  Deposit of clearing instruments at non-home branch, drawn on other banks Savings group accounts: Free
Current account group: Upto Rs.1.00 lac – NIL
Rs.1.00 lac and above – Rs.50/- per instrument
     
XV Cash handling charges For CD and ODCC accounts only
Upto one bundle: NIL
More than one bundle: Rs.100/- per bundle (max. Rs.10000/-)
     
XVI Collection of cheques / bills
  Collection of outstation cheques Upto Rs.10000/-: Not exceeding Rs.50/- per instrument.
Rs.10000/- to Rs.1.00 lac: Not exceeding Rs.100/- per instrument
Rs.1.00 lac and above: Not exceeding Rs.150/- per instrument
In case of cheques drawn on other banks, other bank charges plus 50% of the charges mentioned above.
  Collection of local cheques Current account group

Non-individual 
     Individual          Pensioner / Sr. Citizen /  Individual in Rural Areas  
Rs.100/- Rs.80/- Rs.60/-
Savings group accounts

Non-individual 
     Individual          Pensioner /Sr. Citizen /Individual in Rural Areas  
Rs.50/- Rs.35/- Rs.30/-
  Collection of outward / inward bills Bill amount
Upto Rs.1000/-: Rs.60/- plus out-of-pocket expenses
Above Rs.1000/- upto Rs.5000/-: Rs.80/- plus out-of-pocket expenses
Above Rs.5000/- upto Rs.10000/-: Rs.100/- plus out-of-pocket expenses
Above Rs.10000/- upto Rs.1.00 lac: Rs.9/- per thousand or part thereof subject to a minimum of Rs.100/- plus out-of-pocket expenses
Above Rs.1.00 lac upto Rs.10.00 lacs: Rs.8/- per thousand or part thereof subject to a minimum of Rs.900/- plus out-of-pocket expenses
Above Rs.10.00 lacs: Rs.7/- per thousand or part thereof subject to a minimum of Rs.8000/- plus out-of-pocket expenses
  Collection of deposit receipts Bank’s own deposit receipts: No charges
Other Bank’s deposit receipts: If the proceeds are placed with our bank as deposit for a minimum period of 3 months, services charges are waived.  Otherwise, usual charges for collection of outstation instruments are applicable.
  Speed clearing charges Rs.1.00 lac: Free
Above Rs.1.00 lac: Rs.150/- per instrument
  Return charges for cheques presented in speed clearing Upto Rs.10000/-: Rs.50/-
Rs.10000/- to Rs.1.00 lac: Rs.100/-
Above Rs.1.00 lac: Rs.150/-
     

Service (Processing) charges for Local clearing (by clearaing houses from member banks)

S No System Existing (Rs.) Charges to be collected w.e.f. 01.04.2011 (Rs.)
    Presenting Bank Drawee Bank Presenting
Bank
Drawee Bank
1 Clearing at MICR – CPCs -- -- 1.00 1.50
2 Cheque truncation -- -- 0.50 1.00

Revision in Service Charges for Cheque Collection – Outstation and Speed Clearing and Minimum Balance Service Charges on Inoperative Accounts
with effect from 20. 07. 2011.

a. Service charges for Outstation Cheque Collection

S No

Value

Existing charges (Rs.)

Value

Revised Charges (Rs.)

 

 

Service charge for Savings customers

Service charge for other customers

 

Service charge for Savings customers

Service charge for other customers

1

Upto and including Rs.5000

25

50

Upto and including Rs.5000

25

50

2

Above Rs.5000 and upto and including Rs.10000

50

50

Above Rs.5000 and upto and including Rs.10000

50

50

3

Above Rs.10000 and upto and including Rs.100000

100

100

Above Rs.10000 and upto and including Rs.100000

100

100

4

Above Rs.100000

150

150

Above Rs.100000

Rs.2/- per ‘000 with a maximum of Rs.3000/-

b. Service charges for Cheque Collection under Speed Clearing (By Collecting Banks from customers)

S No

Value

Existing charges (Rs.)

Value

Revised Charges (Rs.)

 

 

Service charge for Savings customers

Service charge for other customers

 

Service charge for Savings customers

Service charge for other customers

1

Upto and including Rs.100000

NIL

NIL

Upto and including Rs.100000

NIL

NIL

2

Above Rs.100000

150

150

Above Rs.100000

Rs.1.50 per ‘000 with a maximum of Rs.2000/-

The above service charges are inclusive of all charges i.e. postal, courier, handling, etc. and other bank charges. However, Service Tax shall be extra at prevailing rates.

c. Minimum Balane Service Charges on Inoperative Accounts

Type of the account

Existing charges

Revised charges

Savings Accounts

NIL

Rs.50/- per quarter in Rural areas and Rs.100/- per quarter in all other areas.

Current Accounts

NIL

Rs.200/- per quarter in all areas

Service Tax shall be extra at prevailing rates.

The existing system of levying inoperative service charges on inoperative accounts shall be stopped w. e. f. 20.07.2011.

   
XVII Cheque return charges
  Cheques returned unpaid Rs.100/- plus other bank charges if any plus out-of-pocket expenses.
  Cheques return – inward (cheques received for payment) due to insufficient funds in the account (Local and Non-local) Upto Rs.20000/-
Current accounts
Non-individual – Rs.100/- Individual – Rs.75/- Pensioners, Senior Citizens and individuals in Rural areas – Rs.50/-
Savings accounts
Non-individual – Rs.75/- Individual – Rs.60/- Pensioners, Senior Citizens and individuals in Rural areas – Rs.40/-
Above Rs.20000/-
Current accounts
Non-individual – Rs.200/- Individual – Rs.150/- Pensioners, Senior Citizens and individuals in Rural areas – Rs.100/-
Savings accounts
Non-individual – Rs.100/- Individual – Rs.80/- Pensioners, Senior Citizens and individuals in Rural areas – Rs.60/-
  ECS registration Rs.100/-
  Payment by ECS Free
  ECS return Rs.100/- per each debit return
     
XVIII Remittances
  Transfer of funds by RTGS and NEFT  (all types of transactions including inter-bank transfer of funds

Inward transactions
RTGS / NEFT / ECS transactions: NIL

Outward Transactions
The Minimum amount to be sent throgh RTGS is Rs. 2.0Lakhs.

RTGS:
Rs.2 lakh to Rs.5 lakh: not exceeding Rs.25 per transaction.
Above Rs. 5 lakh: not exceeding Rs. 50 per transaction.

NEFT:
For transactions up to Rs. 1 lakh: not exceeding Rs. 5 (+ Service Tax)
For transactions above Rs. 1 lakh and up to Rs. 2 lakhs: not exceeding Rs 15 (+ Service Tax)
For transactions above Rs. 2 lakhs: not exceeding Rs. 25 (+ Service Tax)

  Issuance of DDs / POs
 Particulars Non-individual  Individual Pensioner /Sr. Citizen /Individual in Rural Areas  
Upto Rs.1000/- Rs.30/-  Rs.20/-  Rs.15/-  
Rs.1000/- upto
Rs.5000/-
Rs.30/-      Rs.25/-          Rs.20/-
Rs.5000/- upto
Rs.10000/-
Rs.30/-      Rs.30/-          Rs.25/-
Rs.10000/- upto
Rs.1.00 lac
Rs.2.50 per thousand or part thereof min. Rs.30/- Rs.2.25 per thousand or part thereof min. Rs.30/- Rs.1.75 per thousand or part thereof min. Rs.25/-
Rs.1.00 lac upto Rs.10.00 lacs Rs.2.25 per thousand or part thereof min. Rs.250/- Rs.2.00 per thousand or part thereof min. Rs.225/- Rs.1.50 per thousand or part thereof min. Rs.175/-
Rs.10.00 lacs upto Rs.50.00 lacs Rs.2.00 per thousand or part thereof min. Rs.2250/- max. Rs.20000/- Rs.1.50 per thousand or part thereof min. Rs.2000/- max. Rs.18000/- Rs.1.25 per thousand or part thereof min. Rs.1500/- max. Rs.15000/-
                      
For Telegraphic Transfer Rs.50/- extra
  Cancellation of DD / PO Rs.100/- per instrument
  Issuance of duplicate DD / PO Rs.100/- per instrument
  Revalidation of DD / PO Rs.100/- per instrument
  Signature verification (per attestation)
Non-individual       Individual          Pensioner /Sr. Citizen /Individual in Rural Areas  
Rs.100/- per item Rs.100/- per item Rs.100/- per item
  No dues certificate Weaker sections: No charges Others:

Non-individual 
     Individual          Pensioner /Sr. Citizen /Individual in Rural Areas  
Rs.150/- Rs.125/- Rs.100/-
     
XIX Ledger Folio charges On quarterly basis
  Current Deposit, Cash Credit and Overdraft Accounts Rs.80/- per folio of 40 entries or part thereof
Average Credit balance Free entries allowed per year
Upto Rs.25000/- NIL
Above Rs.25000/- upto Rs.50000/- 60 entries
Above Rs.50000/- upto Rs.1.00 lac 100 entries
Above Rs.1.00 lac upto Rs.2.00 lacs 400 entries
Above Rs.2.00 lacs No charges
For C & IF advance accounts: No free entries
  Savings group accounts No charges
     
XX Safe Custody charges
Category Charges
Scrips Rs.500/- per scrip per annum
Sealed cover Rs.500/- per sealed cover per annum or part thereof
Sealed boxes 20x20x20 cm – Rs.500/- p.a.
30x30x30 cm – Rs.600/- p.a.
Bank’s own deposit receipts No charges
     
XXI Addition / deletion of joint names in all Deposit accounts Rs.100/-
     
XXII Changes in operation instructions, power of attorney, Board resolution, etc. Rs.100/-
     
XXIII ATM / Debit Cards Rs.37.50/- on all ATM / Debit Cards as Half year Maintenance charges from 2nd year onwards.
     
XIV Penal charges for excess debit entries in Savings Bank No charges
     
XV Updation of passbook at non-home branches No charges
     
XVI Rents on Safe Deposit Lockers
Locker Type Size (Breadth x Height)
Depth (517 mm)
Metro Urban Semi-urban
& Rural
Type A (A to D) A&A1 115 x 150 1000 900 750
B 148 x 184 1100 950 800
C 115 x 330 1150 1000 900
D 178 X 238 1250 1100 1000
Type B
(E to G) E & H1
148 x 401 2000 1500 1300
F 266 X 320 2200 1800 1600
G 178 X 506 2500 2000 1800
Type C (H to M) H        
Customer Corner
Upset / Complaint / Grievance
  Online Services
Img PrePaid Card - Customer self care portalImg
Img Internet Banking
Img Online Tax PaymentImg
Img Tax payment thru ATMImg
Img AB BillPay Img
Img AB Online Shoppe Img
Img Mobile Banking mPAY
Img Interbank Mobile Payment ServiceImg
Img SMS Banking
Img Online - Trading
Img AB Speedway
Img AB Lock Box Facility
Img IndiaFirst Online Services
Img e-rail Ticketing
Img Tele - Banking
Img Religious Offering
Img Verified by Visa / 3d Secure Code
   Security alerts & Tips
   Anti Phishing
Please do not disclose your
NetBanking Login and Img
Password to anyone. More..
News & Events

PMRY beneficiaries

New Deposit Scheme AB BONANZA with 9.40% p.a.

Due to unexpected technical difficulties we need to temporarily disable AB Speedway service wef 1st April 2012

New Scheme AB PROFESSIONAL LOAN

NEW YEAR CAR CAMPAIGN: Avail car loans at attractive interest rates

Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad

PPF and SCSS schemes

As per RBI guidelines dated 04.11.2011, with effect from 01.04.2012 the validity of Cheques/Demand Drafts / Pay orders and Bankers Cheques is three months

Do Not fall Prey to Fictitious Offers of Funds Transfer

Our annual profit Rs.1,345 Crore

Bulletin
  Awards & Rewards | Basel II Disclosures | Bulletin | DNCR | Miscellaneous  | Holidays List | Photo Gallery | Press Release | Webcast Disclaimer 
2011, Andhra Bank. All Rights Reserved. Site Visited By :    17351120  
     
    chic logo