Thursday, September 11, 2008

Core Banking Service Charges in SBI

Service charges Structure in SBI W.E.F. 06 09 2008
CORE BANKING RELATED CHARGES ( P SEGMENT) W.E.F 06.09.2008
1. Deposit of cash at non home branches - Maximum Amount -Rs.25000/ per day.
Charges -Rs.2/ per1000. min. Rs 25/ per transaction
2. Deposit of cheques at home/non-home CBS branch, drawn on any CBS branch / other banks - Maximum Amount - No Limit.
Charges - Intracity- free.
Intercity (per transaction ) Upto Rs. 20,000/ Free;
Above Rs. 20000/ & upto Rs 5.00 lac: Rs 1.50/1000.
Above Rs.5.00 lac Rs.1.00/1000.
Min Rs 750/. Max Rs 1250/
3. Deposit of clearing instruments at non-home CBS branch, drawn on non-CBS branch/other banks - No Limit
Charges - Same as above
4. Encashment of cheque at non-home branch
Cash withdrawal ( by the account holder): Rs. 50000/ per day Free
Transfer to another SB/ CA at another CBS branch Same charges as in item 2 above
Issuance of draft/B.Ch/ TT Same charges as in item no 2 above + Issuance charges.
5. Transfer of funds from home branch to third party accounts at another CBS branch - No Limit
Same charges as item 2 above
6. Pass-book updation at non-home branch - Rs. 10/ per pass-book

2 comments:

Anonymous said...

WHETHER NON HOME CASH DEPOSIT IS REVISED TO 1 LAKH PER DAY

Anonymous said...

The 'State Bank of India', Branch : Sakinaka, Mumbai has recently revised the minimum deposit amount for core banking (money deposit to non home branch accounts or account in outside Mumbai branches) as 10000 (Ten thousand minimum). They call it Money Transfer rather than 'Core banking'. This has created problem to run to the next nearest branch to do such transaction. Is it legal and as per authorized body instruction?
- Arun K Gouda / Cellphone : +91 9972583877