CRN

Head Office
GD
UCO BANK
21/2020-21

Strategic Planning Deptt. (A Govt. of India Undertaking) Circular No.

10, BTM Sarani, 2^^ floor HONOURS YOUR TRUST CHO/SP/ 21 /2020-21
Kolkata-700 001 Date: 14.10.2020

TO
'
ALL
I
BRANCHES AND OFFICES OF INDIAN
"
UNION

Sub: Cash Handling Charges in Current Account.

Bank has revised the service charges vide circular no. CHO/SP/CSCELL/2020 -21
dated 15-09-2020 with effective trom 18-09-2020.
After feedback received from field functionaries, to provide the dynamic pricing
based on value of deposit to the Current Account customers & to sustain the
market competition, the Competent Authority has approved the Cosh Handling
Charges in CA on the basis ot Minimum Average Balance (MAB) in account. The
Cosh Handling Charges based on MAB is as under.

Features UCO Basic UCO Care UCO Care Plus

MAB (As per Non Metro Rs 10000 5 Lakh
Scheme) Ind. -Ind Urban/Semi
M/U 3000 5000 urban - Rs 5000
SU 2000 2500 Rural - 2500
R 1000 2000
Cash Deposit If party • If party • If party
Charges maintained maintained maintained
minimum MAB of minimum MAB minimum MAB
Rs 2 lakh - Free 5 of Rs 2 lakh and of Rs 5 lakh and
Lakh per day, Max up to Rs 4 Lakh - up to Rs 10 Lakh -
50 lakh per month. Free 5 Lakh per Free 10 Lakh per
Thereafter as day, Max 50 lakh day. Max 100
applicable. per month. lakh per month.
• If party • If party
maintained MAB maintained
of Rs 4 lakh - Free minimum MAB
8 Lakh per day, of Rs 10 lakh and
Max 80 lakh per above Free Cash
month. Deposit up to
Thereafter as max 120 lakh per
applicable. month.
Thereafter as
t/Cn applicable.

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MAB for calculation of cash handling charges will be calculofed for previous
monfh.

MAB will be infimafed to the customers through SMS/ mail and Customers con
view MAB through Internet Banking & M - Banking

Branches are advised to take a careful note of the content of the circular and

bring it to the notice of customers.

The revised charges will be applicable from 15-10-2020.

(S. K. Mi^yord--'
General Manager
Strategic Planning Department & GAD

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"WE SHALL MAKE UCO- A TOP CLASS BANK"

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