General Schedule of Fee & Charges for Jifi Saver

Effective from 1st June'2015

Particulars
Product Name
Average Monthly Balance (AMB) in Rs.
Online Service Charges (Net & Mobile Banking)
Net Banking Registration
Mobile Banking Registration
Monthly e-statement
NEFT
IMPS
Stop Payment of Cheque
One time Payment without adding beneficiary
Term Deposit creation
Utility Bill Payment
Debit/Credit card PIN generation
e-commerce payment - Net Banking
Mutual Fund Investment - Net Banking
Balance Enquiry
Standing Instruction Execution
ECS Instruction
Remittances/Payments:
Payable at Branch Locations
Demand Draft/ Banker's Cheque

RTGS

Payable at Non- branch

Locations
Thru NET Banking
Through Branch
Through Net Banking

Cheque Book

Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
Free
1/1000 (Min 40 Max 5000)
2/1000 (Min 40 Max 5000)
Free
2 - 5 L: 25/ txn; > 5 L: 50/ txn
Free

Through Branch

Upto 10K: 2.5/txn;>10K to 2L: 5/ txn;> 2L:

25/ txn

Through Net Banking

Branch & Net Banking

Free
Free

Default Cheque Book is

Payable At-par Only

First 10 cheque leaves are free. Rs 5/thereafter

NEFT
Fund Transfer

Product Level Free Limits & Charges (in

Rs.)
Jifi Saver
10,000

Receipts/ Collections:
Free
Free

Local Clearing Cheque

Intercity Clearing Cheque
Out-station Cheque (Cheques
drawn on non-speed clearing
branches)

Drawn at Kotak Branch

Locations
Drawn at Kotak Non branch Locations

Out-station Cheque (Cheques

drawn on speed clearing
branches)
RTGS
NEFT
Fund Transfer
Home Banking:

<10K: 50/Chq; 10K - 1L: 25/Chq; >1L: Free

<10K: 50/Chq; 10K - 1L: 25/Chq; >1L: Free
Free

Inward
Inward
Inward

Free
Free
Free

On Call Requests

Cheque Pick-up/DD
Delivery/Cash Pick-up or
Delivery

Cheque Pick-up
Beat Service
Cash Deposit & Withdrawal:

Cheque/DD - 75/Request; Cash - < 2L;

200/Request; 2-5L: 400/Request
NA

At Home Branch Location @ Free upto 7.5 L p.m.; thereafter Std Chrgs
Cash Deposits

At Non - home Branch

Location

Free upto 7.5 L p.m.; thereafter Std Chrgs

From Home Branch Location

Free

Cash Withdrawal

From Non - home Branch

Location
Automated Teller Machine (ATM):
Balance Enquiry
Kotak ATMs
Cash Withdrawal
Balance Enquiry
Other Bank's VISA ATMs Domestic
Cash Withdrawal
Other Bank's VISA ATMs International +
(Debit CardClassic/Gold/Paltinum)
ATM Txns Declined <Insufficient Funds>

Free upto 50K per day; thereafter std

charges
Free
Free
5 txn free per month; thereafter 8.50 per
Balance Enquiry, Rs. 20
per Cash withdrawal

Balance Enquiry

25 per txn

Cash Withdrawal

150 per txn

Kotak ATM
Non Kotak ATM

Free
25 per txn

Issuance Fee
Annual Fee
Issuance Fee
Annual Fee
Lost Card
Damaged Card

Free
199 p.a. (Free for 1st year)
Free
199 p.a. (Free for 1st year)
200
Free
USD 5
USD 35
Free

Debit Card:
Primary Card (Platinum CHIP)
Add-on Card (Platinum CHIP)
Card Replacement

VISA Global Assist

Lost Card
VISA Global Assist
Insufficient Funds
POS Txns Declined <>
Other Charges:
Account Related
Non maintenance charges
per month

INR 400
INR 300
Free

Cheques Deposited & Returned

(Outward)

Local
Out-station

Cheques Issued and Returned

(Inward) & ECS returns

Financial Reasons

100 per Cheque

100 per Cheque + Corr Bank Chrgs
Upto 3 returns - 350/instance; 4th return
onward 750/instance
Free

AMB Non - maintenance <>

Account Closure Charges
Cheque Returns

Technical Reasons

SMS Alerts & Updates

Balance (Daily/Weekly), Txn &
Value Added Alerts
Phone Banking

Txn - Free
Bal - Weekly - Free
Bal - Daily - NA

IVR Assisted

Phone Banking

Agent Assisted
Charges Common for All Products
Account Statements
Monthly
Weekly
Daily

Physical/ Email
Physical
By Email
By Email Only

Annual Combined Statement

(Physical)
At Branch/ Phone Banking
Ad- hoc Statements Request
On Net Banking/ ATM
On Mobile Banking

Free
Free

Physical -Free/Quarter,
Email - Free Monthly
NA
NA
NA
Through Net Banking : Free
Through
Branch : Rs 85,
Through Phone
Banking : Rs 110
<90 Days: 100
100
100
50
Free

Standing Instruction
Set-up
Execution
Amendment
Failure <>
Statement/ Certificate / Report Issuance
Balance Statement

Other than 31st March

Interest Statement

Duplicate Only

Duplicate Only
TDS Certificate
Signature Verification
Photo Attestation
Address Confirmation
Foreign Currency Payments & Collections

Cheque Collection~
Cheque Deposited and Returned
~ <>
Cheque Issued and Returned ~
<>
Cheque Issued and Returned <>

Free- Current year

100 - Previous Year
Free- Current year
100 - Previous Year
Rs. 100
Rs. 25
Rs. 50
Rs. 50
500
500
500

DD Issuance ~
DD Cancellation ~
DD Revalidation
TT Transfer ~

100
Free
25
25

Corr Bank Chrgs Borne by

Beneficiary
Corr Bank Chrgs Not Borne
by Beneficiary

250
1000
500
1000

Financial Reasons

1000

Technical Reasons

Free

ATM/ Phone/ Net Banking

(only if sent through courier)

50, Free via Net Banking

Miscellaneous Charges
PIN Regeneration

DD/BC Cancellation /
Revalidation

100

Cheque Purchase Charges

300
Free
0.5/1000 per day (Min 50, Max 10000)

Travelers Cheque Encashment ~

1% of TC Amount

Fund Transfer Return <>

TOD Charges
Stop Payment
Inoperative Account Charges <>

Financial Reasons
Technical Reasons

Individual or Range
No customer induced
transaction for a year

500
100, Free over NetBanking
Free
Free

Activation of inoperative Account

100 / Request
Record retrieval charges
Service Tax on Foreign Currency Conversion Charges (FCY) ~
Value of purchase or sale of
Service Tax Amount
Foreign Currency
Up to Rs 1,00,000

0.12% of the gross value or

Rs 30/- whichever is higher

Above Rs 1,00,000 to Rs 10,00,000

Rs 120/- plus 0.06% of the

amount exceeding Rs 1 L

Rs 660/- plus 0.012% of the

amount exceeding Rs 10 L,
Above Rs 10,00,000
subject to a maximum of Rs
6000
* denotes Standard charges applicable
In addition to the above service tax, 2% secondary education cess and 1% higher secondary education cess
will also be applicable.
+ Additional charges levied by another bank on international ATM transactions will also have to be borne by
the card holder
Charges are exclusive of the Service Tax which is currently 14%. The same is subject to change
The Bank will charge cross-currency mark-up of 3.5% on foreign currency transactions carried out on Debit
Cards. The exchange rate used will be the VISA/Master Card wholesale exchange rate prevailing at the time
of transaction.
Non Maintenance Charges and Inactive Account for more than 1 year charges are not applicable once the
account becomes inoperative/dormant.
With effect from April 1, 2015: In the event of a default in maintenance of Average Monthly Balance as agreed
to between the Bank and customer for the month (referred as Default Month), the Bank will notify the
customer clearly of the default and that the Average Monthly Balance for the account has to be met in the
subsequent month (referred to as Notice Month) .If the AMB is still not maintained in the Notice Month, the
NMC (Non Maintenance Charges) for both the Default Month and Notice Month will be recovered in the
subsequent month. The Bank may choose to notify by SMS / email / letter. It will be the responsibility of the
customer to have a valid email id, mobile number and address updated with the Bank at all times, failing
which, customer may not receive the notification/s. The NMC charges will be based on the shortfall observed
in the AMB and as specified in the slabs in GSFC