Schedule of Charges for Current Account Loan Against Shares
| Processing Fee | Up to 1.00% of the sanction amount subject to a minimum of INR 2500/= |
| Renewal Fee | Up to 0.50% of the sanction amount subject to a minimum of INR 2500/= |
| Charges for Late Payment | NA |
| Pledge Depledge fees | 0.02% of the pledge / depledge value subject to a minimum INR 20 per tariff |
| Pre payment / part payment penalty | Not Applicable |
| Penal Charges on drawings in excess of Limits (due to application of interest or revaluation of portfolio under pledge) | 24% p.a. + GST on total overdrawn amount X no of days or Rs 100 + GST whichever is higher This will be calculated on a daily product basis and levied on a monthly basis. |
| Sale of security | All brokerages, transaction charges and other levies as per actuals |
| Legal & incidental charges | As per actuals. |
| Demat Charges | As applicable to the Demat account from time to time. |
| Stamp duty and other statutory charges | As per Applicable laws of the State |
| Credit assessment charges | Not Applicable |
| Average Monthly Balance Requirement (Category A and A+ Branches) | NIL |
| Average Monthly Balance Requirement (Category B, C, IMFS and Rural Branches) | NIL |
| Charges for Non-Maintainance of AMB | NA |
| Cheque Book Issuances (Payable At Par: 50 leaves Book) | 1st Cheque book FREE |
| Charges of Check Book on additional usage | Rs. 2 per leaf |
| Local Cheque Deposit | Free | ||||||||||
| Cheques deposited at any location of Indusind Bank for clearing in the same location | Free | ||||||||||
| Outstation Cheque Deposit on Indusind Location (inclusive of all charges and service tax) |
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| Outstation Cheque Deposit on Non-Indusind Location (inclusive of all charges and service tax) | |||||||||||
| Funds Transfer (Between any Indusind Bank Branches) (Online/through Branch) | Free |
| Funds Transfer (Between any Indusind Bank Branches) (Online/through Branch) | Free |
| Payments at Any Location of IndusInd Bank for clearing in the same location through PAP cheque | Free |
| DD/ PO (At Branch Locations) | |
| Free Limit | NIL |
| Charges on Additional usage | Rs. 1/1000 Min Rs. 25 Max Rs. 10,000 |
| DD/ PO (Correspondent Bank Location) | |
| Free Limit | NIL |
| Charges on Additional usage | Rs. 2/1000 Min Rs. 100 Max Rs. 15000 |
| DD/ PO (Non-Correspondent Bank) | Rs. 3/1000, Min Rs. 100 Max Rs. 15000 |
| NEFT (NATIONAL ELECTRONIC FUNDS TRANSFER) | Free |
| RTGS (REAL TIME GROSS SETTLEMENT) | Free |
| Cash Deposit at Home Locations | |
| Free Limit per month | Rs. 5,00,000 |
| Additional Charges on incremental deposits | Rs 3/ 1000 min Rs 50 |
| Charges for Cash Deposit at Non-Home Location | NA |
| Cash Withdrawal | |
| Cash Withdrawal (Home Location) | Free |
| Cash Withdrawal (Non-Home Location) | Free |
| Cash Withdrawal (ATM's) IndusInd Network | Free |
| Cash Withdrawal Other ATMs | Free unlimited for balance above Rs. 10,000 in previous month. If balance in previous months is less than Rs. 10,000/- then 5 transactions Free. Beyond 5 Transactions, Charge of Rs. 20 per Transaction |
| Cash Withdrawal Outside India | Rs. 125/- |
| Cash Withdrawal Limit by ATM Card | |
| Cash Withdrawal Limit by Platinum Dr Card | NA |
| Net Banking | Available |
| Phone Banking | Available |
| Mobile Alerts | Available |
| Doorstep Banking* | Available |
| Stop Payment (Single Cheque) | Rs. 100 |
| Stop Payment (Series Cheque) | Rs. 150 |
| Cheque Return (Inward) For Financial Reasons | Up to 2 instruments per month- Rs.350 per instrument. On 3rd & 4th instrument - Rs.500 per instrument 5th Instrument onwards- Rs.750 per instrument |
| Cheque Return (Outward) IndusInd Location | Rs. 50 per cheque |
| Cheque Return (Outward) Other Locations | Rs 100 per cheque + Out of pocket Expenses |
| Internal Transfer Return Charges | NIL |
| ECS Returns | Rs. 200 |
| Electronic Card | |
| Electronic Card Charges (Issuance, Annual Charges, Replacement & Supplementary Card) | NA. |
| Gold Debit Card | NA |
| Platinum Business Dr Card (Issuance, Annual Charges, Replacement & Supplementary Card) | NA |
| Balance Inquiry at Other ATMs within India | Free |
| Balance Inquiry Outside India | |
| POS Limit on Debit Card | |
| POS Limit on Platinum Business Debit Card (per day basis) | NA |
| Email Statement (Daily) | Free |
| Adhoc Statement printed | Rs. 10 per page |
| Dormancy Charges | Rs. 100 |
| Dormant Account Activation | Free |
| Account Closure Charges | |
| Before Six Months | Rs. 200 |
| After Six Months | NIL |
| Cash Delivery / Pickup (Per call) | |
| Till 2 lacs | Rs. 150 |
| 2 - 5 lacs | Rs. 250 |
| 5 - 10 lacs | Rs. 400 |
| 10 - 20 lacs | Rs. 800 |
| 20 - 50 lacs | Contact Branch |
| > 50 lacs | Contact Branch |
| Cash Delivery / Pickup (Beat delivery) per month | |
| Till 1 lacs | Rs. 2,000 |
| 1 - 2 lacs | Rs. 3,000 |
| 2 - 5 lacs | Rs. 5,500 |
| 5 - 10 lacs | Rs. 9,000 |
| 10 - 20 lacs | Rs. 16,000 |
| 20 - 50 lacs | Contact Branch |
| > 50 lacs | Contact Branch |
| Cheque Pickup (On call)* | Rs. 50 per instance |
| Cheque Pickup (Beat) per month* | Rs. 500 |
| PAP- Payable At Par | |
| Taxes and other statutory charges shall be as applicable as per regulation and statutes | |
| * Services Available on Request at Select Locations | |
Interest Rate Range from Jan to Mar 24
| Bank ROI | APR | ||||
|---|---|---|---|---|---|
| Min | Max | Average | Min | Max | Average |
| 8.75% | 16.00% | 9.49% | 8.91% | 16.16% | 9.65% |
Note: APR calculations assumes 100% Utilization on average sanction ticket size of Rs 20 lac and pledge through a single TRF. On going pledge and depledge charges for any additional pledge or depledge, taxes and penalties on the loan are not included in APR calculation
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