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The Sutex Co-operative Bank Ltd.
Service Charges ( Eff. From Dt .01/05/2025)
Sr. No. Charges        Frequency   Charges in Rs.  GST 18%  Total Rs. 
1 Ecs Return Charges  **       Per Transaction          350           63          413
                 
2 Inward Clg Return Charges  Chq Amt Below Rs.1.00 crore       Per Cheque          350           63          413
     Chq Amt Rs.1.00 crore and above per account         0.05% of Chq.Amt.+ GST 
3 Outward Clg. Return Charges  **       Per Cheque            30             5           35
                 
4 Stop Payment Charges        Per Cheque          200           36          236
                 
5 Minimum Balance Charges  (Current Accounts)       Per Transaction Day   Nil 
     (Savings Accounts)         Nil 
6 Token Lost penalty        As and when           500           90          590
                 
7 Membership Application Fee        Per Application            10            -             10
                 
8 Nominal Membership Fee        Per Application            20            -             20
                 
9 Chequebook Charges      Per Cheque Leaf             3            -               3
                 
10 Obc Return Charges        Per Transaction   Nil 
           
11 NEFT          Nil 
           
12 RTGS         
           
13 Duplicate A/C Statement/Passbook Chg        Per Stat/Passbook          200           36          236
                 
14 Sign Verification Charges        Per Transaction          200           36          236
                 
15 Solvancy Issue Commision  Upto Rs.5.00 lakhs             1,000          180       1,180
    Above Rs.5.00 lakhs and upto Rs.25.00 Lakhs            3,000          540       3,540
    Above Rs.25.00 lakhs and upto Rs.50.00 Lakhs            5,000          900       5,900
    Above Rs.50.00 lakhs and upto Rs.100.00 Lakhs          10,000       1,800     11,800
    Above Rs.1.00 Crore        10,000 per crore 
              Maximum 50,000 
16 ECS Mandate Charge                 250           45          295
                 
                 
17 Share Transfer Fee (Shtrf)        Per Share            10            -             10
           Maximum          200            -            200
18 Loan Account Folio Charges          Nil 
19 Current / Limit Account Folio Charges      Minimum   Quarterly            90       16.20          106
  (Folio is = 30 Transaction) Per Extra Transaction    Rural branches max Rs.90 per quarter             3         0.54             4
20 OBC/IBC Collection Charges          Nil 
21 OBC Postage Charges        Postage Charges As applicable 
22 Loan Processing Charges        Per Application        
                                     1  To          1,00,000           500           90          590
                          1,00,001           5,00,000        1,000          180       1,180
                          5,00,001         10,00,000        2,500          450       2,950
                        10,00,001         25,00,000        4,000          720       4,720
                        25,00,001         40,00,000    0.25% of sanctioned amt. 
                        40,00,001      1,00,00,000    0.30% of sanctioned amt. 
     Above 100.00 Lacs Sanc. Amt.     0.50% of sanctioned amt. 
  CC / MCC / ODPROP Renewal Charges  Upto 50.00 Lacs Sanc. Amt.   (of Sanctioned Amt.)  0.10%    
   Above 50.00 Lacs Sanc. Amt.  0.15%    
  Gold Loan Processing charges (From 01/09/2023)  50% discount on above stated applicable charges.       
  W.E.F. : 01/08/2021:      
  For Drop-down limits : Charges shall be applied on actual limit prevailing (reduced) on the date of renew / review.      
  For Multiple Loans of same applicant : Charges shall be applicable as per the slab of aggregate sanctioned amount.       
  For Limit Enhancement : Prorata charges applicable from the date of last renewal to new renewal.      
23 D.D. Cancellation Charge          Nil 
24 Cheque Book Cancellation Charge        Per Leaf            25         4.50           30
25 Rupay ATM Debit Card Charges        Card Issuance           100           18          118
           Annual Fee            50             9           59
           Platinum Card          200           36          236
           Pl.Card Annual Fee          100           18          118
           Duplicate Card          250           45          295
         Per Transaction (Financial)            23         4.14           27
         Per Transaction (Non Financial)            23         4.14           27
         PIN regeneration charge            50             9           59
   Free Transactions at Sutex Bank ATM : 5 transactions (including non-financial transactions) per month.     
   Free Transactions at Other Bank ATM : 3 transactions in metro and 5 transactions in non-metro (including non-financial transactions) per month.     
26 L/C Commission      Double of the amount payable by our bank to service provider commercial bank + GST     
  TT Comm.        
           
27 LC - TT - Non submission of Bill of Entry      150% of the amount charged by the service provider commercial bank + GST      
           
28 Bank Guarantee Commission (issuance / renewal)      1.50% of Guarantee Amount per year (One time charge in advance) + GST     
  Minimum charge Rs.3000/- + GST        
  Bank Guarantee Cancellation charges      As applied by sponsor bank.     
29 TUF Subsidy Charges      1% of subsidy amount (One time charge on realisation) +GST     
           
30 Quotation change charge  Amt. of Loan upto Rs.5.00 Lacs            500           90          590
     Amt. of Loan above Rs.5.00 Lacs         2,000          360       2,360
31 Loan / Limit Switch Over Charges (Applicable to Corporate Customers only)              
  Term Loan Switch Over to other Bank / Financial Institute after 3 years          2% of Outstanding Amt. + GST 
  CC / OD / Any Other Limit Switch Over to other Bank / Financial Institute after 3 years          2% of Sanctioned Limit + GST 
  Term Loan Switch Over to other Bank / Financial Institute before 3 years w.e.f. 01-04-2020          3.50% of Outstanding Amt. + GST 
  CC / OD / Any Other Limit Switch Over to other Bank / Financial Institute before  3 years w.e.f. 01-04-20  3.50% of Sanctioned Limit + GST 
32 Late submission of Stock Statement / Book Debts Statement in limit accounts        2% of Sanctioned Limit + GST 
33 Late submission of insurance policy for primary / collateral security (Limit Accounts)          2% of sanctioned limit + GST 
34 Late submission of insurance policy for primary / collateral security (Term Loan Accounts)          2% of outstanding amt  + GST 
35 Immovable Property / Collateral Security Change in Term Loan / OD / CC Limit      5,000          900       5,900
36 Guarantor / Partner / Director Change in Term Loan / OD / CC Limit (Not Applicable if death)      1,000          180       1,180
37 Cash Deposit Charges During the Previous Month Maintain Average Balance Condition to do Mothly Cash Deposit Charges
Type of Account
Saving Rs.1,000/- Upto Rs. 5.00 Lakhs Nil
Above Rs. 5.00 Lakhs Rs. 50/- Per Lakh + GST
Current   Rs.5,000/- Upto Rs. 5.00 Lakhs Nil
Above Rs. 5.00 Lakhs Rs. 50/- Per Lakh + GST
Current   Rs.1,00,000/- Upto Rs. 10.00 Lakhs Nil
Above Rs. 10.00 Lakhs Rs. 50/- Per Lakh + GST
Current   Rs.2,00,000/- Upto Rs. 20.00 Lakhs Nil
Above Rs.20.00 Lakhs Rs. 50/- Per Lakh + GST
Current   Rs.3,00,000/- Upto Rs. 30.00 Lakhs Nil
Above Rs.30.00 Lakhs Rs. 50/- Per Lakh + GST
Current   Rs.4,00,000/- Upto Rs. 40.00 Lakhs Nil
Above Rs.40.00 Lakhs Rs. 50/- Per Lakh + GST
Current   Rs.5,00,000/- Upto Rs. 50.00 Lakhs Nil
Above Rs.50.00 Lakhs Rs. 50/- Per Lakh + GST
Current   Rs.10,00,000/- Upto Rs. 100.00 Lakhs Nil
Above Rs.100.00 Lakhs Rs. 50/- Per Lakh + GST
Overdraft / CC -- Upto Rs. 25.00 Lakhs Nil
Above Rs. 25.00 Lakhs Rs. 50/- Per Lakh + GST
38 Commitment charges on unavailed portion of OD / CC Limits. (If limit usage less than 65% of sanc.limit) 1% of unavailed limit + GST
39 Penal Charges of overdue term loans   2% of overdue amt. + GST
40 Penal Charges of overdue / excess CC / OD limits   8% of excess amt. + GST
41 Certificate issue charges                   50             9           59
Approved in B.O.D. Meeting dated 22/04/2025