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    Service Charges

    Sr no. Particulars Effective Date w.e.f 1st July 2024
    1 Cheque Book
    a. Cheque Book Charges
    Saving For SB Account
    No charges for first cheque book of 30 leaves.
    For issue of 2nd cheque book onward Rs.3/- per leaf
      For Premier SB Account
    No charges for first four cheque book of 30 leaves.
    For issue of 5th cheque book onward Rs.1/- per leaf
    CD/CC/OD For CD/CC/OD Account
    Rs.4/- per cheque leaf
      For Premier CD Account
    No charges for first three cheque book of 30 leaves.
    For issue of 4th cheque book onward Rs.1.50/- per leaf
    b. Unused Cheque leaves Charges at the time of closure of a/c For Saving Account Rs.3/- per leaf
    For Current CC and OD account Rs.4/- per leaf
    c. Cheque Return Charges
    i. Inward Return Saving: Rs.300/- per cheque (+2 days interest @ 14.50 %)
    CD/CC/OD Rs.500/- per cheque (+2 days interest @14.50%)
    ii. Outward Return Saving: Rs.200/- per cheque
    CD/CC/OD Rs.300/- per cheque
    iii. ECS return (Debit) Saving: Rs.60/- per instance
    CD/CC/OD Rs.250/- per instance
    iv. High Value Return (Rs 10.00 lakh and above) (Inward/Outward Return) System Not in Force
    d. Pay Order/HDFC at par cheque charges
    For Bank's Customer Rs.3/- per thousand
    Minimum Rs.25/- & Maximum Rs.2,000/-
    For Non-Customer Rs.5/- per thousand
    Minimum Rs.50/- & Maximum amount Rs.5,000/-
    e. Pay Order/HDFC cheque cancellation Issuing Bank's charge + Rs.100/-
    2 Duplicate Statement
    a. Duplicate Pass Book Charges Rs.50/-
    b. Duplicate Statement
    Current Account Rs.75/- per page
    Balance Certificate Rs.75/- per certificate
    SB Account Statment Rs.50/- per page
    c. Duplicate Term Deposit Receipt /Share Certificate Rs.50/- per receipt/Share Certificate
    d. Duplicate Payorder /Bankers Cheque
    For Duplicate Rs. 100/- + other Bank's charges
    For Revalidation Rs. 50/- + other Bank's charges
    e. Duplicate Interest Certificate /Certificate for claiming exemption for repayment of interest/principle amount towards housing loan Rs.100/- per certificate
    f. Photocopy of the paid cheque / record copy of the cheques Rs.150/- above 1 year record per instrument
    Rs.100/- below 1 year record per instrument
    3 Stop Payment
    a. Saving Rs.250/- per cheque / Maximum Rs.1,000/-
    b. CD/CC/OD Rs.400/- per cheque / Maximum Rs.2,500/-
    4 Ledger Folio Charges
      Ledger Folio Charges (Half Yearly) Rs.50/- per folio of statement
    For CC/CD/OD
      For Premier CD Account NIL
    5 Minimum Balance to be maintained in Accounts
    a. Saving A/c (with or without chequebook) NIL Charges
    b. C/D A/c With cheque book Rs.3000/-
    6 Charges for Non maintenance of Minimum Balance
    Current A/c Rs.200/- per month
    7 A/c Closure Charges ( within 1 year)
    a. Saving Without cheque book facility Rs.200/-
    With cheque book facility Rs. 300/-
    b. CD/CC/OD Rs. 1000/-
    8 Cash Handling Charges
    a. Current Account / Cash Credit Account / Overdraft Account Those account holders who is enjoying OD CC limit of Rs.50.00 Lakh and above cash handling charges are NIL, but limit below Rs.50.00 Lakh charges are Rs.10 per 100 pieces of notes deposited.
    (No Charges for 200 pieces of any denomination)
    b. Saving account Rs.5 per 100 pieces of notes deposited
    (No Charges for 200 pieces of any denomination)
    c. Premier CD account Rs.10 per 100 pieces of notes deposited
    (No Charges for total 700 pieces of any denomination)
    d. Premier SB account Rs.5 per 100 pieces of notes deposited
    (No Charges for total 500 pieces of any denomination)
    9 Customers Signature/Photo verification Charges
    a. Saving Account Rs.50/- per verification
    b. CD/CC/OD Account Rs.100/- per verification
    10 Duplicate ATM Card due to loss or customers fault (w.e.f 1st January 2025)
    Reissue of new card Rs.150/- per card
    Card Maintenance Charges Rs.400/- per card (Rupay Platinum Debit Card)
    Rs.200/- per card (Rupay Classic Debit Card)
    11 Loss of Token
    Per Tocken charge Rs.100/- per token
    12 Commission on Issuance of Bank Guarantee/ Letter of Credit
      VVSB Bank Guarantee  
    a. Fully secured by 100% Deposit 1% p.a. of the guarantee amount OR Minimum Rs.200/-
    b. Partly Secured by 50% Deposit & 50% other Collateral Security 1.00% p.a. on amount fully secured by deposit &
    2.00% p.a. on the amount secured by collateral security.
    Minimum Rs.500/- & Maximum Rs. 5,00,000/-
      Other than VVSB Actual commission of issuing Bank plus 1.00% p.a of the guarantee amount
    13 Stock statement non submission charges/Delay in submission
      Rs.200/- per lac per month
    Min - Rs.200/- & Max - Rs.1,000/-
    14 Inspection of Stock / Book-debts / Factory plant & machinery, vehicle, etc.
    Charges leived i)Rs.100/- For limit upto Rs.1.00 lac + actual expenses incurred
    ii) Rs.200/- For limit between Rs.1.00 lac toRs.5.00 lacs
    + actual expenses incurred
    iii)Rs.300/- For limit between Rs.5.00 lac toRs. 10.00 lacs
    + actual expenses incurred
    iv) Rs.500/- For limit between Rs.10.00 lac toRs. 25.00 lacs
    + actual expenses incurred
    v)Rs.750/- For limit between Rs.25.00 lac to Rs. 50.00 lacs
    + actual expenses incurred
    iv) Rs.1500/- For limit above Rs.50.00 lac + actual expenses incurred
    15 Loan Charges
    a. Loan Application Rs.100/- per form
    b. Loan Notice Charges
    i. 1st Notice (Borrower) Rs.200/-
    ii. 2nd Notice (Borrower with Guarantors) Rs.500/-
    iii. Personal Visit Rs.500/-
    16 Fixing Banks name plate on mortgage property / hypothecated machinery / vehicle
    Charges: Rs.500/-
    17 ACH Mandate Verifications
    a. All Saving A/c Prod. Rs.50/-
    b. All Current & CC/OD Prod. Rs.100/-
    18 Inward Cheques / Bills for Collection
    Amount Charged i)Commission Rs.5/- per thousand OR Part thereof.
    ii)Minimum Rs.50/- Maximum Rs.5000/-
    Special Note: Postage/Courier charges of Rs.50/- to be recovered extra.
    Special Note: Postage/Courier charges of Rs.50/- to be recovered extra.
    19 Creation of Equitable Mortgage / Registered Mortgage
    Charged Leived 0.05% of loan amount Maximum Rs.5000/-
    Note : In case of Equitable Mortgage charges to be shared equally by Borivali or Thane Branch & rest of the other branches
    20 Takeover Charges
    Percentage charged 5.00% - Upto 2 Years
    3.00% - above 2 Years
    21 Safe Deposit Locker Annual Charges
    a. Small "A" Rs. 1,200/- p.a
    b. Medium "B" Rs. 2,400/- p.a
    c. Big "C" Rs. 3,900/- p.a
    d. Extra Big "D" Rs. 4,500/- p.a
    e. Special Size "E" Rs. 5,100/- p.a
    SB premier Account 25% waiver of locker charges.
    22 Break Open of Locker
    a. Due to loss of key by customer Actual cost + Rs.750/-
    b. Due to Non-payment of locker rent Actual cost + Rs.1000/-
    23 RTGS Charges
    a. Inward Transactions NIL
    b. Outward Transactions
    ii) Rs. 2.00 Lakh to Rs. 5.00 Lakh Rs. 10/-
    iii) Above Rs. 5.00 lakhs Rs. 25/-
    24 NEFT Charges
    a. Inward Transactions NIL
    b. Outward Transactions  
    i) Upto Rs. 10,000/- NIL
    ii) Above Rs. 10,000/- upto Rs. 1,00,000/- Rs. 5/-
    iii) Above Rs. 1.00 lakhs upto Rs. 2.00 lakhs Rs. 10/-
    iv) Above Rs. 2.00 lakhs Rs. 10/-
    25 SMS Alert Charges (Effective till 30th Sept 2025)
    a. Saving Account Rs. 15/- per quarter
    b. CD Rs. 50/- per quarter
    c. CC/OD Rs. 50/- per quarter
    New SMS Alert Charges (Effective from 1st Oct 2025)
    a. Saving Account Rs. 25/- per quarter
    b. CD Rs. 60/- per quarter
    c. CC/OD Rs. 60/- per quarter
    26 Fixing Banks Name Plate on Mortgage property/Hypothecated Machinery / Vehicle Rs. 50/- per quarter
    27 ATM Withdrawal Other Bank Charges(Effective from 4th September 2025)
    a. Financial Transaction Rs. 23/-
    b. Non-Financial Transaction Rs. 11/-
    28 IMPS Inter Bank Charges(Effective from 4th September 2025)                                     *RTGS/NEFT transactions shall remain free of charge via VVSB Mobi-fast app.
    a. Up to Rs. 1,00,000 Rs. 5/-
    b. Rs. 1,00,001 to Rs. 5,00,000 Rs. 10/-
    Note: *GST Applicable on all above charges.