Schedule of Charges for Current Account Loan Against Shares
Loan Sanction and Maintenance charges
| Processing Fee |
Up to 1% of the loan amount subject to a minimum of Rs 2500 |
| Renewal Fee |
Rs. 2500 Plus Taxes |
| Penal Charge |
24% p.a + GST on total overdrawn amount * no of days or Rs. 100/- + GST whichever is higher |
| Pledge Depledge fees |
Not Applicable |
| Pre payment / part payment penalty |
Not Applicable |
| Sale of security |
All brokerages, transaction charges and other levies as per actuals. In case of customer induced sale of securities, charges up to 1% of the sale amount to be levied. |
| Legal Charge |
As per state/ applicable law |
| Demat Charges |
Not Applicable |
| Stamp duty |
As per state/ applicable law |
| Credit assessment charges |
Not Applicable |
AMB & Cheque Book Charges
| Average Monthly Balance Requirement |
NIL |
| Charges for Non-Maintenance of AMB |
NA |
| Cheque Book Payable at Par: 50 leaves Book |
1st Cheque Book of 50 leaves Free |
| Charges of Check Book on additional usage |
Rs. 2 per leaf |
Collections
| Local Cheque Deposit |
Free |
| Cheques deposited at any location of lnduslnd Bank for clearing in the same location |
Free |
| Funds Transfer (Between any lnduslnd Bank Branches) (Online/through Branch) |
Free |
Payments
| Funds Transfer (Between any lnduslnd 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 |
| NEFT (NATIONAL ELECTRONIC FUNDS TRANSFER) |
NIL |
| RTGS (REAL TIME GROSS SETTLEMENT) |
NIL |
Cash Transactions
| Cash Deposit at Home Locations |
| Free Limit per month |
Rs. 5,00,000 |
| Additional Charges on incremental deposits |
Rs. 3/1000 |
| Charges for Cash Deposit at Non-Home Location |
Rs 3/1000 |
| Cash Withdrawal |
| Cash Withdrawal (Home Location) |
Free |
| Cash Withdrawal (Non-Home Location) |
Free |
Account Access
| Net Banking |
Available |
| Phone Banking |
Available |
| Mobile Alerts |
Available |
| Doorstep Banking* |
Available |
Other Features & Charges
| 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 |
| Stop Payment (Single Cheque) |
Rs. 100 |
| Stop Payment (Series Cheque) |
Rs. 150 |
| Cheque Return (Outward) lnduslnd Location |
Rs. 50 Per Cheque |
| Internal Transfer Return Charges |
NIL |
| ECS Returns |
Rs. 200 |
| Email Statement |
Free |
| Adhoc Statement Printed |
Rs. 10 Per page |
Doorstep Banking*
| Cash Delivery / Pickup (Per call) |
| Till 2 lacs |
NIL |
| 2 - 5 lacs |
Rs. 250 |
| 5 - 10 lacs |
Rs. 400 |
| 10 - 20 lacs |
Rs. 800 |
| > 20 |
Contact Branch |
| Cash Delivery / Pickup (Beat delivery) per month |
| Till 1 lacs |
NIL |
| 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 Lacs |
Contact Branch |
