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Schedule of Service Charges and Fees

Name of the Bank Allahabad Bank


Savings Bank A/c – No frills A/c
Minimum Balance Rs.5/-
Charges for non-maintenance thereof Nil
Savings Bank Accounts with
Cheque facility
Minimum Balance Rs.500.00 for Rural/SU
Rs.1000.00 for Metro/Urban
Charges for non-maintenance thereof Rs.20.00 per month
Savings Bank Accounts without
Cheque facility
Minimum Balance Rs.100.00 for Rural/SU
Rs.500.00 for Metro/Urban
Charges for non-maintenance thereof Rs.10.00 per month
Other Savings Bank Account
facilities
Issue of Duplicate statement Rs.50 latest entry
Rs.60 for previous entry/page
Issue of loose cheque leaves Not Applicable
Issue of Duplicate pass book Rs.50 latest entry
Rs.60 for previous entry/page
Remittance Facilities through
own bank
DD/PO/TT-Issue Upto Rs.1000.00 Rs.25.00
Above Rs.1000.00 Rs.35.00
upto Rs.5000.00
Above Rs.5000.00 Rs.40.00
to Rs.10,000.00
Above Rs.10,000.00 Rs.3.00 per Rs.1000
or part thereof,
Min.Rs.40
max.Rs.15000.00

DD/PO- 10% of the amount (rounded upto nearest


Cancellation/Duplication/Revalida Rupees) Max.Rs.100 per Instrument.
tion
EFT Charges Upto Rs.50,000.00 Rs.20. per transaction
Above Rs.50,000.00 Rs.0.50 per Rs.1000 or part
thereof, Min.Rs.50 Max.
Rs.1000.00
RTGS – Outward Rs.1 to 5 lacs Rs.25 per transaction
Rs.5 lacs & above Rs.50 per transaction
RTGS-Inward Nil

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Remittance Outward 0.125% per remittance Min.Rs.250.00
Remittance Inward Under instructions from foreign Rs. 500.00
correspondent
To be executed in FC by issuing Rs. 0.125%
DD/MT/PO/TT Min.Rs.250.00
TCs – issue 1% on Rupees equivalent Min.Rs.250.00
TCs issued when FC
received from 0.25% Minimum Rs.250/-
abroad

Cheque Collection
Local
Outstation through Upto Rs.10,000.00 Rs.50 per instrument
own bank Above Rs.10,000.00 up to Rs.1 lac Rs.100.00 per
instrument
Above Rs.1 lac Rs.150 per
instrument
Outstation through Commission on 50:50 basis, i.e. remitting bank to charge
another bank 50% & collecting bank to charge 50% of the applicable
rate.
Bouncing of cheques Rs.50 per cheque for SB
– local Rs.75 per cheque for other
Bouncing of cheques Rs.75 per cheque for SB
– outstation - through Rs.100 per cheque for other
own bank

Retail loan
Name of Scheme Processing fees Prepayment fees
AllBank Saral Loan 1% of loan amount, Minimum Rs.500 2% of the Outstanding
Scheme Balance only in case of
takeover
Personal Loan to 1% of Loan amount, Minimum Rs.500 2% of the Outstanding
Doctors & Medical Balance only in case of
Practitioners takeover
Allahabad Bank 0.50% of Loan amount, Minimum Rs.200
Personal Loan
Nil
Scheme for
Pensioners
AllBank Mobike Rs.500/- 2% of Outstanding
Scheme Balance only in case of
takeover
Car Loan to Rs.1000/- 2% of Outstanding
salaried persons (Allahabad Bank Employees – NIL) Balance only in case of
takeover
Car Loan to others 1% of the loan amount, Minimum Rs.2,000 2% of Outstanding
Balance only in case of
takeover
Loan against 1% of loan amount, Minimum Rs.250 Nil
NSC/KVP
Education Loan For studies in India – Nil
Scheme For studies abroad-Rs.500/-upfront subject
to the conditions that this amount would be Nil
adjusted against the loan amount once the
loan is availed from us.
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Housing Finance 0.50% of Loan amount, Minimum 2% of Outstanding
Rs.10,000/- Balance only in case of
(Allahabad Bank Employees – Nil) takeover
Housing Finance 0.50% of Loan amount, Minimum Rs.500/- Nil
for furnishing, (Allahabad Bank Employees – Nil)
repair etc.
AllBank Rent Upto Rs.25 lac : 1%, Minimum Rs.2,500/- 2% of Outstanding
Scheme  Rs.25 lac to Rs.150 lac : 0.50%, Balance only in case of
Min.Rs.25,000/- takeover
 Rs.150 lac : 0.25%,Min. Rs.75,000/-
AllBank Property Upto Rs.25 lac : 1%, Minimum Rs.2,500/- 2% of Outstanding
Scheme  Rs.25 lac to Rs.150 lac : 0.50%, Balance only in case of
Min.Rs.25,000/- takeover
 Rs.150 lac:0.25%, Min. Rs.75,000/-
AllBank Abhushan Loan upto Rs.50,000 : Rs.500/- 2% of Outstanding
Scheme Loan above Rs.50,000 : Rs.1,000/- Balance only in case of
takeover
AllBank Trade Rs.200 per lac, Minimum Rs.1,000/- 2% of Outstanding
Scheme Maximum Rs.20,000/- Balance only in case of
takeover
Overdraft facility in Nil Nil
Savings Bank
Accounts
AllBank Gold Loan Nil Nil
Scheme
AllBank Gyan Nil Nil
Dipika Scheme
Personal Loan for 1% of Loan amount, Minimum Rs.500/- Nil
LICI Employees &
Officers
Personal Loan for 1% of Loan amount, Minimum Rs.500/- Nil
LICI Agents
Clean Overdraft 1% of Loan amount, Minimum Rs.500/- Nil
facility for LICI
Officers
Housing Loan to 0.50% of Loan amount, Minimum Nil
LICI Employees, Rs.10,000/-
Officers & Agents
Short Term Loans
for Financing by Loan amount upto Rs.50,000/- : Rs.250/- Nil
local Housing Loan amount above Rs.50,000/- : Rs.500/-
Board &
Development
Authorities for
Allotment of
Residential
Plot/Flat House
AllBank Reverse One month’s annuity maximum Rs.10,000/- Nil
Mortgage Scheme

No dues Certificate Rs.50 per certificate


Solvency Certificate Upto Rs.5 lacs Rs.1000.00
Above Rs.5 lacs up to Rs.10 Rs.2500.00

3
lacs
Above Rs.10 lacs up to Rs.25 Rs.3000.00
lacs
Above Rs.25 lacs up tp Rs.50 Rs.7500.00
lacs
Above Rs.50 lacs Rs.15000.00
Charges for changing Housing Finance: 2% of outstanding balance on date of
from fixed to floating conversion.
rates of interest
Charges for changing Housing Finance: 0.50% of outstanding balance on date of
from float to fixed conversion.
rates of interest
Cards
ATM
Membership fee Nil
Annual fee Rs.100 p.a. (waived for 1st yr)
Renewal Charges Rs.100
Interest charges Nil
Replacement charges Rs.100
Transaction Charges for Nil
Partner banks

Credit Cards Credit Card facility not provided by the Bank


Membership fee --
Annual fee --
Renewal Charges --
Late Payment Charges --
Interest Charges --
Replacement Charges --
Cash Withdrawal --
Debit Card
Membership fee Nil
Annual fee Rs.100.00 (waived for 1st yr)
Renewal Charges Rs.100.00
Late Payment Charges Nil
Replacement charges Rs.100.00
Cash Withdrawal Nil
MISCELLANEOUS
Balance enquiry Nil
Balance Certificate Nil (if within same Service Area)
Account closure Savings Bank with Cheque Book Rs.100.00
Savings bank without Cheque Book Rs. 75.00
Current A/c Rs.200.00
(Service Charges are levied if the A/c is closed within one
year of opening)
Photo attestation Rs.50 per certificate
Signature attestation Rs.50 per certificate or list
Stop Payment charges Rs.50 for SB per instrument
Rs.75 for others per instrument (Max.Rs.300.00)
In-operative account Savings Bank A/c –NIL
Current A/c – Rs.75 per half yr.(if balance Below Rs.50,000)

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Note: Service Tax will be levied as applicable
A. Services rendered free of charge:

 60 Cheque leaves will be allowed free to SB individual account holders in a Calendar


year.
 Cheques for the purpose of Post Dated Cheques (PDC) for our Bank will be issued free
of cost.
 Free collection/remittance facilities for Blind, Physically Handicapped, disabled
individuals and Institutions set up for their benefits.
 Free collection/discount of pension cheques/bills of pensioners of Central/State
Govt./Armed Forces/ Freedom Fighters.
B. Concessions to Senior Citizens/Pensioners
 20% below the normal Service Charges for Deposit Accounts and
other Miscellaneous Issues would be allowed.
C. Concessions to Defence, Paramilitary Personnel & Ex-
Servicemen
 At par collection of salary/terminal dues.
 At par remittances to family up to Rs.10,000 per month and one time
remittance for payment of School/College fees in a year (out of pocket
expenses to be recovered)
 At par custody of wills
 In house Standing Instruction free of charge.

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