Schedule of Charges and Fees Burgundy Private 10092020

Download as pdf or txt
Download as pdf or txt
You are on page 1of 3

Wholesale Banking Products

Schedule Of Charges - Current Account for Burgundy Private (CAPRV)

Average Quarterly Balance (AQB) AQB

Metro & Urban Zero

Semi-Urban & Rural Branches Zero

Charges for Non Maintenance Nil

Cash Deposit Monthly limits & charges

Home Branch free limit (in �)


50,00,000
Non-Home Branch free limit (in �)

Home Branch Cash Deposit Charges (in �)


4/1,000
Non Home Branch Cash Deposit Charges (in �)

Cash Withdrawal Monthly limits & charges

Home Branch free limit


Unlimited
Non-Home Branch free limit

Home Branch Cash Withdrawal Charges


Nil
Non Home Branch Cash Withdrawal Charges

DD/PO Issuance Monthly limits & charges

Free limit Unlimited

Charges Nil

Cheque Book Indent Monthly limits & charges

Free Leaves Unlimited

Charges Nil

NEFT/RTGS/ (Outward) Monthly limits & charges


Branch & Digital Channel Unlimited

IMPS Transactions (Outward) Monthly limits & charges

Upto �1,000 - �2.50/txn,


Limit & Charges �1,000 to �1 lakh - �5/txn,
�1 lakh - �2 lakhs - �15/txn

Debit Card Monthly limits & charges

Business Supreme - Issuance Fees


Free
Business Supreme - Annual Fees

ATM Charges - Cash Withdrawal (Non-Axis Bank only) (in �) 20*

ATM Charges - Balance Enquiry (Non-Axis Bank only) (in �) 8.5*

* Free - First 5 transactions (including financial and non-financial) subject to monthly 1 purchase activity
Cheque related charges

Upto �50,000 - �50 per instrument,


Above �50,000 and upto
Cheques Deposited at any Axis Bank branch for outstation collection �1,00,000 : �100 per instrument,
Above �1 lac - �150 per instrument
(Charges inclusive of postage)

Cheque Return - Issued by Customer �750/- per instrument

Cheque Return - Deposited by Customer �100 / cheque

50% of OSC commission; Minimum


Cheque Return - Deposited by Customer for Outstation Collection
�50/cheque + Other bank charges if any

Miscellaneous Charges

Upto �10,000 - �25/txn,


Above �10,000 and upto
BNA convenience charges (applicable on cash deposit in Cash Deposit Machine (CDM) �50,000 : �30/txn,
post office hours on working days and entire day on holidays) Above �50,000 and
upto �1,00,000 : �40/txn,
Above �1,00,000 : �50/txn

DD ( payable at Correspondent Bank locations under Desk Drawing arrangement) �1.00/1,000 ; Min �25 per DD

DD purchased from other banks Actual + �0.50/1,000; Min �50 per DD

DD drawn on Axis Bank branches- Cancellation , Reissuance or Revalidation �100/- per instance

�100/- per instance+ other bank's


DD drawn on Correspondent Bank branches- Cancellation , Reissuance or Revalidation
charges at actuals if any

ECS (Debit) Returns �750/- per instrument

Account Statement - Duplicate statement from Branch �100 per statement

Retrieval of old records or query More than 1 year old : �100 per record/ query

Other Debit Card charges As applicable on the card

Signature Verification Certificate �100 per verification

Standing Instructions Free


SMS Alerts:
1. EOD Balance Alert Free
2. Transaction Alert

Scheme Code Conversion Charges (Only on conversion to lower scheme code) �150 per instance

Stop Payment Charges Per Instrument : �100, Per Series: �250

Less than 1 year old : �1,000/-


Account Closure Charges
Older than 1 year : �500/-
Other Terms & Conditions

• All the terms are subject to change without any prior notice.
• All the service charges will attract GST as applicable.
• Timings for BNA convenience charges in Current Accounts, post branch hours on working days, to be considered as 5.00 PM to 9.30 AM.
Holidays to include all 2nd & 4th Saturdays, Sundays and National Holidays.
• Charges are applicable as per the transactions done during charge cycle period. The charge cycle period shall be 1st of every month to the
last day of the same month (e.g.1st April to 30th April).
• Cheque Transactions are subject to 48 hours notice and Bank's confirmations for transaction exceeding �1 cr. a day where the destination
branch is a Non-RBI centre. (RBI centres are: Mumbai, Chennai, Kolkata, New Delhi, Ahmedabad, Hyderabad, Jaipur, Kanpur, Nagpur,
Trivandrum, Bhubaneswar, Chandigarh, Bangalore, Guwahati, Bhopal & Patna)
• Maximum Non-Home Branch Cash Deposit/withdrawal per day shall be �1 Lac. Maximum third party deposit/withdrawal up to �50,000 per
day. Beyond this the cash transactions may be carried out at the discretion of branch head where the cash is being deposited/withdrawn.
• All cash Transaction of �10 lakhs and above on a single day will require prior intimation and approval of the Branch at least one working day
in advance.
• The monthly charges applicable in a current account will be based on the scheme code of that account in the previous month.
• Monthly Average Balance (MAB) or Average Quarterly Balance (AQB) is the average of day end balance maintained by the customer for the
duration
• Physical statements will not be sent for the current account where there are no transactions consecutively for 6 months
• The customer hereby agrees and acknowledges that Bank shall have the right to recover any charges as may be payable by the customer to
the Bank, by debiting or making repeated attempts to recover the same, from any operative account held under same customer ID, where
funds are available.

I/We have chosen to open a Burgundy Private Current Account (CAPRV) and have understood the facilities and charges applicable to
the said product.

Signature _____________________________ Signature and Emp ID of Branch Staff: ________________________

You might also like