Name of the Bank

Allahabad Bank

Savings Bank A/c – No frills A/c

Minimum Balance

Rs.5/-

Charges for non-maintenance thereof

Nil

Savings Bank Accounts with Cheque facility

Minimum Balance

Rs.500.00 for Rural/SU

Rs.1000.00 for Metro/Urban

Charges for non-maintenance thereof

Rs.20.00 per month

Savings Bank Accounts without Cheque facility

Minimum Balance

Rs.100.00 for Rural/SU

Rs.500.00 for Metro/Urban

Charges for non-maintenance thereof

Rs.10.00 per month

Other Savings Bank Account facilities

Issue of Duplicate statement

Rs.50 latest entry

Rs.60 for previous entry/page

Issue of loose cheque leaves

Not Applicable

Issue of Duplicate pass book

Rs.50 latest entry

Rs.60 for previous entry/page

Remittance Facilities through own bank

DD/PO/TT-Issue

Upto Rs.1000.00

Rs.25.00

Above Rs.1000.00 upto Rs.5000.00

Rs.35.00

Above Rs.5000.00 to Rs.10,000.00

Rs.40.00

Above Rs.10,000.00

Rs.3.00 per Rs.1000 or part thereof, Min.Rs.40 max.Rs.15000.00

DD/PO-Cancellation/Duplication/Revalidation

10% of the amount (rounded upto nearest Rupees) Max.Rs.100 per Instrument.

NEFT- Outward

Upto Rs.1 lakh

Rs.5.00 per transaction

Above Rs.1 lakh & Upto Rs 2 lakhs

Rs 15.00 per transaction

Above Rs 2 lakhs

Rs 25.00 per transaction

NEFT- Inward

Nil

RTGS – Outward

Rs.2 lakhs to 5 lakhs

Rs.25 per transaction

Rs.5 lakhs & above

Rs.50 per transaction

RTGS-Inward

Nil

Remittance Outward

0.125% per remittance Min.Rs.250.00

Remittance Inward

Under instructions from foreign correspondent

Rs. 500.00

To be executed in FC by issuing DD/MT/PO/TT

Rs. 0.125% Min.Rs.250.00

TCs – issue

1% on Rupees equivalent Min.Rs.250.00

TCs issued when FC received from abroad

0.25% Minimum Rs.250/-

Cheque Collection

Local

Outstation through own bank

Upto Rs.10,000.00

Rs.50 per instrument

Above Rs.10,000.00 up to Rs.1 lakh

Rs.100.00 per instrument

Above Rs.1 lakh

Rs.150 per instrument

Outstation through another bank

Commission on 50:50 basis, i.e. remitting bank to charge 50% & collecting bank to charge 50% of the applicable rate.

Bouncing of cheques – local

Rs.50 per cheque for SB

Rs.75 per cheque for other

Bouncing of cheques – outstation - through own bank

Rs.75 per cheque for SB

Rs.100 per cheque for other

Retail loan

Name of Scheme

Processing fees

Prepayment fees

AllBank Saral Loan Scheme

1% of loan amount, Minimum Rs.500

2% of the Outstanding Balance only in case of takeover

Personal Loan to Doctors & Medical Practitioners

1% of Loan amount, Minimum Rs.500

2% of the Outstanding Balance only in case of takeover

Allahabad Bank Personal Loan Scheme for Pensioners

0.50% of Loan amount, Minimum Rs.200

Nil

AllBank Mobike Scheme

Rs.500/-

2% of Outstanding Balance only in case of takeover

Car Loan to salaried persons

Rs.1000/-

(Allahabad Bank Employees – NIL)

2% of Outstanding Balance only in case of takeover

Car Loan to others

1% of the loan amount, Minimum Rs.2,000

2% of Outstanding Balance only in case of takeover

Loan against NSC/KVP

1% of loan amount, Minimum Rs.250

Nil

Education Loan Scheme

For studies in India – Nil

For studies abroad-Rs.500/-upfront subject to the conditions that this amount would be adjusted against the loan amount once the loan is availed from us.

Nil

Housing Finance

0.50% of Loan amount, Minimum Rs.10,000/-

(Allahabad Bank Employees – Nil)

2% of Outstanding Balance only in case of takeover

Housing Finance for furnishing, repair etc.

0.50% of Loan amount, Minimum Rs.500/-

(Allahabad Bank Employees – Nil)

Nil

AllBank Rent Scheme

Upto Rs.25 lakh : 1%, Minimum Rs.2,500/-

Ø Rs.25 lakh to Rs.150 lakh : 0.50%, Min.Rs.25,000/-

Ø Rs.150 lakh : 0.25%,Min. Rs.75,000/-

2% of Outstanding Balance only in case of takeover

AllBank Property Scheme

Upto Rs.25 lakh : 1%, Minimum Rs.2,500/-

Ø Rs.25 lakh to Rs.150 lakh : 0.50%, Min.Rs.25,000/-

Ø Rs.150 lakh:0.25%, Min. Rs.75,000/-

2% of Outstanding Balance only in case of takeover

AllBank Abhushan Scheme

Loan upto Rs.50,000 : Rs.500/-

Loan above Rs.50,000 : Rs.1,000/-

2% of Outstanding Balance only in case of takeover

AllBank Trade Scheme

Rs.200 per lakh, Minimum Rs.1,000/-

Maximum Rs.20,000/-

2% of Outstanding Balance only in case of takeover

Overdraft facility in Savings Bank Accounts

Nil

Nil

AllBank Gold Loan Scheme

Nil

Nil

AllBank Gyan Dipika Scheme

Nil

Nil

Personal Loan for LICI Employees & Officers

1% of Loan amount, Minimum Rs.500/-

Nil

Personal Loan for LICI Agents

1% of Loan amount, Minimum Rs.500/-

Nil

Clean Overdraft facility for LICI Officers

1% of Loan amount, Minimum Rs.500/-

Nil

Housing Loan to LICI Employees, Officers & Agents

0.50% of Loan amount, Minimum Rs.10,000/-

Nil

Short Term Loans for Financing by local Housing Board & Development Authorities for Allotment of Residential Plot/Flat House

Loan amount upto Rs.50,000/- : Rs.250/-

Loan amount above Rs.50,000/- : Rs.500/-

Nil

AllBank Reverse Mortgage Scheme

One month’s annuity maximum Rs.10,000/-

Nil

No dues Certificate

Rs.50 per certificate

Solvency Certificate

Upto Rs.5 lakhs

Rs.1000.00

Above Rs.5 lakhs up to Rs.10 lakhs

Rs.2500.00

Above Rs.10 lakhs up to Rs.25 lakhs

Rs.3000.00

Above Rs.25 lakhs up tp Rs.50 lakhs

Rs.7500.00

Above Rs.50 lakhs

Rs.15000.00

Charges for changing from fixed to floating rates of interest

Housing Finance: 2% of outstanding balance on date of conversion.

Charges for changing from float to fixed rates of interest

Housing Finance: 0.50% of outstanding balance on date of conversion.

Cards

ATM-cum-Debit Card

Membership fee

Nil

Annual fee

Rs.100 p.a. (waived for 1^st yr) for Personalized card

NIL for Instant card till validity

Renewal Charges

Rs.100

Interest charges/Late Payment charges

Nil

Replacement charges

Rs.100

Transaction Charges for Partner banks (NFS/VISA) within India

Nil for ATMs

Nil for POS except Railways and Petrol pumps

Credit Cards

Credit Card facility not provided by the Bank

Membership fee

--

Annual fee

--

Renewal Charges

--

Late Payment Charges

--

Interest Charges

--

Replakhement Charges

--

Cash Withdrawal

--

MISCELLANEOUS

Balance Certificate

Nil (if within same Service Area)

Account closure

Savings Bank with Cheque Book Rs.100.00

Savings bank without Cheque Book Rs. 75.00

Current A/c Rs.200.00

(Service Charges are levied if the A/c is closed within one year of opening)

Photo attestation

Rs.50 per certificate

Signature attestation

Rs.50 per certificate or list

Stop Payment charges

Rs.50 for SB per instrument

Rs.75 for others per instrument (Max.Rs.300.00)

In-operative account

Savings Bank A/c –NIL

Current A/c – Rs.75 per half yr.(if balance Below Rs.50,000)