Schedule of Facilities [eMerchant Current Account]

(Effective from June 01, 2022; Charges are exclusive of GST)

Please Tick
Min. Account Opening
Scheme code Description Last/ Current Month MAB
Amount
(√)

RCSMS eMerchant Current Account ₹ 10,000 Facilities based on Last Month

Average Balance.

Internet Payment Gateway

Sr. No. Particulars Category Pricing
1 MSF for Domestic Credit Card Sunrise** 1% and above + Applicable Taxes
Non Sunrise$ 2% and above + Applicable Taxes
2 Yearly AMC (Annual Sunrise** NIL
Maintenance Charges) Non Sunrise$ Rs. 2000/- from Second year onwards
3 Security Deposit Non Sunrise$ As per ME Risk Team Recommendation: Minimum 50% of 3 months
volume as commited by merchant or actual wherever is higher to be taken as
FD
Note: Pricing for Transaction taken on Debit Card is as per prevailing RBI mandate on Debit Cards, Pricing for transaction for Net Banking
will be borne by the beneficiary.
**Sunrise is the Emerging market category such as Government Business, Utility Payments and Education
$ Non sunrise category consists of other sectors other than Sunrise

Point of Sale Terminal (PoS)

1 Merchant Service Fees As per ME profitability Sheet + Applicable Taxes
Slab wise Rental charges/per Card Swipe Volume Rent per terminal per
terminal/month Type of Terminal per month month
Up tp ₹ 24,999/- ₹ 525
₹ 25000 - 49,999 ₹ 325
PSTN
2 ₹ 50000 - 74,999 ₹ 150
₹ 75000 and above NIL
Desktop GPRS - Fixed Rental p.m. ₹ 625
GPRS - Fixed Rental p.m. ₹ 700
M- PoS Fixed Rentalp.m. ₹ 300
3 Installation Charges ₹ 500 per terminal (One time) & NIL for M-PoS
Rent of Android PoS ₹600 + GST
MSF on debit card txns on POS terminals is as per prevailing RBI mandate

Account Opening Amount Rs.10,000/-

Penal charges per month for non-maintenance of
MAB (Monthly Average Balance) MAB
Branch Classifications Accounts maintaining over 50% Accounts maintaining MAB upto
Requirement (Rs.)
of stipulated MAB 50% of stipulation
Metro/Urban 10,000 Rs.500/- Rs.750/-
Semi Urban 5,000 Rs.250/- Rs.375/-
Rural/ Rural FI 1,000 Rs.50/- Rs.75/-
Facilities based on Monthly Average Balance (MAB).
 Free Transactions Per Month
Previous Month Average Balance (MAB) Rs Cheque
DD/PO NEFT RTGS
Cash Deposit Book
From Up to Leaves Transactions
OD/Zero 10000 0 0 0 0
10001 25000 50 5 Free Free
25001 50000 10 times of MAB 50 10 Free Free
50001 100000 (inclusive both 50 10 Free Free
100001 200000 Home and Non 100 15 Free Free
200001 300000 Home Branch) 100 15 Free Free
300001 400000 150 20 Free Free
400001 500000 200 20 Free Free
500001 1000000 200 25 Free Free
1000001 2000000 400 100 Free Free
2000001 and above. Free Free Free Free

Charges Beyond Free Limit

Cash Deposit Upto Rs. 3 lacs – > Rs. 3 lacs - Rs. 5/1000
Omni Pay Rs. 1.10/1000 Min ₹53
Rs. 4/1000
Cheque Rs 5/ Leaf
(Leaves)
Debit-cum-ATM Card Classic Debit-cum- Gold Debit Card Platinum Debit Card
ATM Card
Personalised Debit Card Issuance Fee Rs. 150/- Rs. 150/- Rs. 150/-
Annual Fee Rs 220/-* Free Free
Add on Card Rs 220/-* Free Free
Replacement of Lost Stolen card Rs 220/-* Free Free

New PIN Generation Rs 50 for PIN Lost/Forgotten Cases Only

ATM Cash Withdrawal Limit (per day) Rs 50,000 Rs 75,000 Rs 1,00,000
th
POS Limit (Point of Sale)/E Commerce online Transactions (Effective 10 Rs 50,000 Rs 75,000 Rs 1,00,000
Feb, 2021){Per Day}
Contact Less card Transactions limit Rs. 10,000/- (Per Day) Effective 10th Feb,2021
ATM Transaction Failure at IDBI Bank ATM by our customers at IDBI Rs. 20 per failed transaction (Business decline transactions – Insufficient funds
ATMs category)
Transaction at IDBI Bank ATM First 5 Transactions Free
Rs. 20/- thereafter
*Second Year onwards
Domestic:
Non- Financial - Rs 8 per International:
*Second year onwards Transaction. Non- Financial - Rs 30 per Transaction.
Transaction at other Bank ATM Financial - Rs 20 per Financial - Rs 140 per Transaction
*Second year onwards Transaction
Domestic Cash withdrawal transactions declined due to insufficient funds-Rs.20/- per
instance (w.ef. December 01,2019)

International Cash withdrawal transactions declined due to insufficient funds – Rs.20/- per
instance

Miscellaneous Charges
IMPS through Net Banking ,Mobile and Branch Channel Upto Rs.
Slab 1,000 to Rs. 1,00,000 Beyond Rs. 1,00,000
1,000
Charge 0 0 0
SMS alerts Free
INET Banking Password (Through Branch Channel) Free
 Miscellaneous Charges
BNA Convenience Fee
Rs. 50 per transaction on non-working day
Issuance of Duplicate Confirmation of Deposit
Rs. 150 per instance
Cash Withdrawal – Self and Third Party
(in case of third party cash withdrawal a 24 hour notice required
at Non Home Branch) Free
-The service is not available for encashing FD/DD/PO. (NRE/NRO customers
will get facilities as per RBI rules).
Fund Transfer – Cheque/ account to account transfer at Non- Free
Home Branch
Range Charges per instruments
Outstation/ <=5000 Rs.25/-
Local
(Other bank >5000- 10,000 Rs.50/-
Cheque collection (Branch/Non Branch Locations) commission
will be >10,000- 1,00,000 Rs.100/-
recovered
separately) >1,00,000 Rs.250/-

Speed Clearing outside CTS Grid Range Charges / Transaction

(Service charges for Speed Clearing within the CTS grid Upto Rs.1,00,000/- Nil
jurisdiction, waived.) Above Rs.1,00,000/- Rs.150/-
Foreign Currency Inward / Outward Remittances / Certificate As per Trade Finance Guidelines
DD/PO/Omni pay Cancellation Rs 100 per instrument.
Cheque Stop Payment instructions (Branch, Net & Mobile Rs 100 per leaf and Rs 500 for a Range
Banking)
Above 1yr & less than 2 yrs – Rs.150/- per Item
Old Record (Subject to availability)
2 yrs and thereafter – Rs.100/- per Item, subject to Max of Rs.750/-
Copy of original of cheque/draft (paid by the bank) Rs.150/- per instance
1st occasion (after account opening ) Free
Addition / deletion of names in Accounts/ Nominations / Beyond 1st occasion for every Addition / deletion of
Change in operational instructions names in Accounts/ Nominations / Change in Rs. 100/-
operational instructions
Allowing operations through power of attorney/mandate Rs.500 per request

Change of authorized signatory in accounts Rs. 300/- Per Occasion

(exempted for change due to death of the existing signatory)
Charges For Recording Reconstitution of Account Rs.200/-
(No charges in case of Death of account holder)
Facility of Sweep/Linking of accounts (Sweep Out Only) Rs.100/- per instance
Sweep Out Trigger facility charges Rs.5/- per debit in addition to the SI charges
Charges for collection of paper based Instrument other than Rs.10/1000 ( Min Rs.100/-, Max –Rs.1,000)
regular cheque payable through clearing mechanism –
Collection of documents by State Govt. Treasury, KVP, NSC
etc. by customers.

TAX Payment Challan retrieval beyond 2 years for Net Banking Rs.50/-
Users
 Statement of Accounts
- Physical from branch/ Post/Courier Rs. 100/- per statement plus actual courier (if applicable) charges.
- email Free
Duplicate Statement at the Branch (per instance) Upto 1 year - Rs. 100/- & Above 1 year - Rs. 300/-
Duplicate Statements over Telephone Email Rs. 25/- per occasion
Post/Courier Upto 1 year - Rs. 100/- & Above 1 year - Rs.
300/-
Overseas Mailing. Actual Courier charges shall be recovered
(To be collected by Branch Manually)
Monthly, Hold Mail facility Free
Certificate (To be collected by Branch Manually)
Balance Confirmation Certificate (per instances)
Photo/Sign. Verification Certificate (per instances) Rs. 100/-
Banker’s report Certificate (per instances)
Interest Certificate (per instances) Once in a year (For IT Return purpose etc.) – Free
Additional/Duplicate copies: Rs100/- per copy
Standing Instructions
Standing Instructions Rs. 50/- (per instances)
Standing Instruction rejection/failure Rs.225 per instance
Account Closure Charges (To be collected by Branch Manually)
Within 14 days Nil
Non Individual Customer 15 days and beyond upto 6 months old Rs 500/-

Within 14 days Nil

15 days and beyond upto 6 months old Rs 500/-
Individual Customer
ECS Returned Rs 500 per instance
Cheque Deposited and Returned
Cheque Issued Returned
Financial Reason
Financial Reason(Local/Outstation)
Slab (Rs.) Up to Rs 10,001 Beyond
to Slab (Rs.) Charge
Rs 10,000 Rs 25
lakh
25 Up to 1 lakh Rs.150
Up to 2nd Rs.250 Rs.500 Rs.1,000
instance/quarte lakh
Beyond 1 lakh Rs.250
r
Beyond 2nd Rs.500 Rs.750 Rs.1,500
instance/quarte
r Free
Technical Reason
(Cheque return charges shall be levied only in cases where the customer is at fault and is responsible for such returns. Indicative list available at the
Branch.)
Arranged / Unarranged Overdraft / Cheque Purchase (Subject Per Occasion (A)- Rs 115/- (To be collected by Branch Manually)
to Approval) Interest (B) - 18.75% (auto collection)
Cash Delivery & Pick Up - As per Schedule of Charge (SOC) for CDP
Home Banking Facility
Service

Current Account Keeping Charges (per annum)

Metro/Urban Rs.550/-
Semi Urban Rs. 250/-
Rural/ Rural FI Rs. 50/-
 Important Instructions

1. GST applicable on above charges will be additional.

2. Charges for the month of account opening will be levied after the completion of that month and the free limits will be based
on balance maintained in the month of account opening.
3. Subsequent months the free limit will be based on last month balance in RCSMS scheme code
4. Cash deposit at any branch subject to non-home branch acceptance.
5. Gold Card offered with account opening amount of Rs.5 Lakh & above (Subject to approval). Facilities will be disabled and
Card fee would be applicable if MAB of Rs.5 lakh not maintained.
6. Platinum Card offered with account opening amount of Rs.10 Lakh & above (Subject to approval). Facilities will be
disabled and Card fee would be applicable if MAB of Rs.10 lakh not maintained.
7. Opening of the Current Account tantamount to deemed acceptance of the aforesaid rule & regulations as well as the fact of
being informed about the various service charges being levied by the Bank and the terms and conditions guiding the related
products and services. Service charges are subject to change from time to time.
8. In-Operative Account:-
If there are no transactions in the account for a period of two years, the account will be treated as an inoperative account.
In case there are no customer induced debit, credit and/or third party transactions in the account, it would be classified as
inoperative.
The service charges levied by the Bank and/or interest credited by the Bank would not be considered as customer induced
transactions.
The customer should thus transact in the account periodically, so that it does not become inoperative.
9. Satisfactory conduct of the account entails maintaining sufficient balance to honor cheques issued to third parties. If there are
high incidences to the contrary, the Bank reserves the right to close the account under intimation to the customer.
10. Domestic Validity Debit Card: - If a Customer opts for Domestic Validity Card, a Debit Card with magnetic stripe will be
issued which can be used only in India for ATM, POS & E-com transactions. For all domestic POS transactions, PIN will be
prompted to complete the transaction.
11. International Validity Debit Card:- If a Customer opts for International Validity Debit Card, EMV Chip Debit Card will be
issued which can be used in India & abroad for ATM, POS & E-com transactions. For all domestic POS transactions, PIN will
be prompted to complete the transaction.

Declaration: I/We have read / understood the terms and condition as applicable to Account opening and other
operational aspect. I/We understand that the terms and condition may be revised by the Bank from time to time and
it will be agreeable to me/us. I/We shall be responsible for regularly reviewing these terms, including the
amendments that are posted on the website. I/We agree to pay charges as per the Bank Policy. I/We also agree to
down-gradation of the account and withdrawal of features, in the event of non- maintenance of required balance.
Signature(s)/ Thumb impression(s) of the account holder (With Seal and stamp)

Signature 1 Signature 2 Signature 3