Applicable schedule of charges and Penal Interest for B2B R & MSME Businesses of Bharat

Enterprises

Applicability and collection

Sr. Services Applicable Charges
method
No.

1 Account Statement Issuance Charges

i Daily / Weekly / Monthly by Manually

No charge
e-mail

Ii Adhoc statement from any

Rs. 100 per statement
branch.

2 Non Refundable Login Fees

I Login Fees Rs. 5000 + Applicable taxes Manually

3 Processing Charges

I NTB / Enhancements 0.75 % + Taxes

Ii Renewal 0.50 % + Taxes Manually (Not applicable

for FDOD facility – ODSS,
iii Extension of currency of ODFDB & CA2OD)
limit without detailed
appraisal (Where account
could not be renewed in
0.50% + Taxes for the period
time due to delayed
the currency of limit is
submission of data by the
extended from the date of
borrower, the charge is to
expiry of the limit
be recovered for
continuing the advance
and for extension of
currency of limits).

4 Account Service Charges (ASC)– Only Performing Assets

(Annually per account and to be debited centrally during October/November month)

I Sanctioned limits upto

No charges
Rs.0.25 lakhs
Centrally by Ru&IB Dept.
Ii Sanctioned limits above
Rs.0.25 lakh and upto Rs 300.00. Manually (Not applicable
Rs.1.00 lakh for FDOD facility – ODSS,
ODFDB & CA2OD)
iii Sanctioned limits above Rs 600.00.
Rs.1.00 lakhs and upto
 Applicability and collection
Sr. Services Applicable Charges
method
No.

Rs.3.00 lakh

iv Sanctioned limits above Rs.

3.00 lakhs and upto Rs.10.00 Rs. 800.00.
lakh

V Sanctioned limits above Rs.

10.00 lakhs and upto Rs. 2000.00.
Rs.100.00 lakhs

vi Sanctioned limits above Rs.

Rs. 4000.00.
100.00 lakhs

5 Issuance of opinion report

I Sanction limit upto Rs. 0.25

No charge
lakhs
Manually
Ii Sanction Limits above Rs.
0.25 lakhs and upto Rs. Rs. 250 per report
25.00 lakhs

iii Sanction Limits above Rs.

Rs. 500 per report
25.00 lakhs

Documentation Charges
6
In case of Simple/Registered Mortgage/Equitable Mortgage

A In case
In case charge
charge is to
not to be
Sanctioned Limit be
registered with
registered
CERSAI
with CERSAI
Manually
1. Sanction Limits upto Rs. 1
Nil Nil
lakh (Not applicable for FDOD
facility – ODSS, ODFDB &
2. Sanction Limits above Rs. 1
Nil Rs. 1,000 CA2OD)
lakh and upto Rs. 5 lakhs

3. Sanction Limits above Rs. 5

Nil Rs. 1,500
lakhs and upto Rs. 25 lakhs

4. Sanction Limits above Rs. Rs. 1,500 Rs. 3,000

25 lakhs and upto Rs. 100
 Applicability and collection
Sr. Services Applicable Charges
method
No.

lakhs

5. Sanction Limits above Rs.

Rs. 3,500 Rs. 3,500
100 lakhs

B Extension of existing mortgage

i For securing the enhanced Manually (Not applicable

50% of relevant slab of
limits / fresh limits for FDOD facility – ODSS,
charges
sanctioned to the borrower ODFDB & CA2OD)

ii For securing the enhanced

50% of relevant slab of
limits / fresh limits
charges
sanctioned to a 3rd party

C 100% of relevant slab of Manually

Substitution of title deeds
charges.

The out of pocket expenses (such as stamp duty, legal charges, valuation charges, ROC filing
charges, etc. wherever applicable) to be recovered separately. Legal/collection/repossession
and incidental charges and those expenses that are not budgeted or specified but are incurred
by the bank on behalf of the customer

7 Signature Verification

i Per application / letter Rs. 50/- Manually

8 Enquiry related to old records more than 1 year old

I Per item Rs. 200/- Manually

9 Issuance of No Dues Certificate

I Per certificate (duplicate) Rs. 50/- or as per State law Manually

10 Penal Interest

6% per annum on the

outstanding mount in fund
Delay / non-submission of System Driven – Not
based working capital credit
I stock / book-debts applicable for FDOD
facilities from the date of
statements. program
default.
 Applicability and collection
Sr. Services Applicable Charges
method
No.

Non-payment of interest / 6% per annum on the amount

installment on due date / of overdue installment /
Ii System Driven
non-adherence to sanction interest / charges /drawings
terms & conditions over limit / DP.

Iii Expiry of working capital 6% per annum on the System Driven

limits outstanding amount of Fund-
Based credit facilities.
11 Cash Transactions

A Home Branch Cash Deposits

i Free limit of Rs. 60 lacs per

Free limit month for B2B R & MSME
Product System Driven

ii Charges above free limit Rs. 3 per thousand

B Inter branch (intercity & intracity) Cash Deposit

I Rs. 5 lacs per month for B2B &

Free limit
MSME accounts
System Driven
ii Rs. 2.50 per thousand
Charges above free limit (minimum Rs. 100 per
transaction)

12 Annual Maintenance Charges for fund based working capital accounts– Only Performing
Assets
(Yearly per borrower and to be debited centrally in April month)
I Sanction Limits upto Rs. 0.25 No Charge
lakh

Ii Sanction Limits above Rs. Rs. 250

0.25 lakh and upto Rs. 1
lakh
Iii Sanction Limits above Rs. 1
lakh and upto Rs. 5 lakhs
Iv Sanction Limits above Rs. 5
lakhs and upto Rs. 10 lakhs
Centrally by Ru&IB Dept.
Rs. 500
(Not applicable for FDOD
facility – ODSS, ODFDB &
Rs. 1000
CA2OD)

V Sanction Limits above Rs. 10 Rs. 2500

lakhs and upto Rs. 25 lakhs
 Applicability and collection
Sr. Services Applicable Charges
method
No.

Vi Sanction Limits above Rs. 25 Rs. 3500

lakhs and upto Rs. 100 lakhs

Vii Sanction Limits above Rs. Rs. 5000

100 lakhs and upto Rs. 300
lakhs

* Not applicable for Commodity Product

13 NEFT & RTGS Transactions

i Upto Rs. 0.10 lakh – Rs. 2.50 per transaction.

NEFT Above Rs. 0.10 lakh to Rs. 1.00 lakh – Rs. 5.00 per
Outside transaction.
Axis Bank Above Rs 1.00 lakh to Rs 2.00 lakhs – Rs. 15.00
per transaction
Above Rs. 2.00 Lakhs – Rs.25.00 per transaction. System Driven
ii Rs. 1 lakh to Rs. 2.00 lakhs - Nil
RTGS
Above Rs 2.00 lakhs to Rs 5.00 lakhs - Rs. 25.00
Outside
per transaction.
Axis Bank
Above Rs 5.00 lakhs – Rs. 50.00 per transaction

14 Prepayment / Foreclosure Charges

For CC / OD facility: - No foreclosure charges on floating

&/or fixed rate loans if loan is closed from Own Funds. If
loans are closed from borrowed funds,
then foreclosure charge of 2% (plus taxes) will apply
on Sanction Limit.
Not applicable for FDOD,
ECLGS & NFB facility
For Term loans - No foreclosure charges on floating&/or
fixed rate loans if loan is closed from Own Funds. If loans are
closed from borrowed funds, then foreclosure charge of 2%
(plus taxes) will apply on Principal Outstanding amount.

Miscellaneous System driven/Manual Charges – Retail Agri

Sr. Remarks
Services Charges
No.
Sr. Remarks
Services Charges
No.

1 CHEQUE BOOK CHARGES

First 100 leaves free (for new borrowal account) and Unchanged
(i) Per leaf
thereafter Rs 2/- per leaf

2 CHEQUE RETURN CHARGES

Inward Return Aligned with

(i) Rs 500/- per cheque
Charges peer dept

Outward Return
(ii) Rs 100/- per cheque
Charges

3 STOP PAYMENT

(i) Per instrument Rs 50/- per instrument Unchanged

(ii) Per Series Rs 100.00 per series, per instruction

4 REMITTANCE – DEMAND DRAFT/PAYORDER

Issue of 15 pay-order free per day: above that Rs 50/- per Unchanged
(i)
Payorder pay order

Issue of
Demand Draft 15 demand drafts free per day: above that Rs 50/-
(ii)
(Payable at Axis per DD
Bank Locations)

5 Issuance of Solvency Certificate (To be collected manually)

Solvency Unchanged
Certificate for
(i) Rs 750.00
value of Rs 1.00
lakh

Solvency
Certificate for
(ii) value of over Rs Rs 1500.00
1.00 lakh but
upto Rs 10 lakhs

Solvency
(iii) Certificate for Rs 3000.00
value of over Rs
10 lakhs but
Sr. Remarks
Services Charges
No.

upto Rs 25 lakhs

Solvency
Certificate for
(iv) value of over Rs Rs 7500.00
25 lakhs but
upto Rs 50 lakhs

Solvency
Certificate for
value of over Rs
(v) Rs 10000.00
50 lakhs but
upto Rs 1.00
crore

Solvency
Certificate for
(vi) Rs 15000.00
value above Rs
1.00 crore

6 Issuance of Solvency Certificate (To be collected manually)

Prevailing Schedule of Charges for Trade & Forex Transaction as Unchanged

circulated by WPB team will continue to be applicable for Bharat
Banking customers as well

* Tax to be levied as per applicable rate.