Accessibility
Text size
Contrast
Spacing
Read Aloud
The Baghat Urban Co-operative Bank Ltd. logo
The Baghat Urban Co-op. Bank Ltd. Estd. 1970  ยท  Prompt & Efficient Customer Service Is Our Prime Motto

Service Charges

Fees for collection, remittance, account maintenance, lockers, loans, and other banking services โ€” all figures exclusive of GST.

1. Cheque & Bill Collection Service

CategoryCharge
Outstation cheques up to โ‚น10,000โ‚น50 + pocket expenses
Outstation cheques above โ‚น10,000โ‚น2.50/1000, min โ‚น30 + pocket expenses
Outstation instruments of small value (โ‚น1,000)โ‚น10 + pocket expenses
Bills up to โ‚น5,000โ‚น50 + pocket expenses
Bills above โ‚น5,000โ‚น6/1000 (or part), min โ‚น60 + pocket expenses

2. Cheque Returning Charges

CategoryCharge
Local cheque dishonoured (outward clearing) โ€” savings accountโ‚น50 per instrument
Local cheque dishonoured (outward clearing) โ€” OD/CA/CC accountโ‚น200 per instrument
Clearing cheques/bills up to โ‚น10,000โ‚น50 + pocket expenses
Clearing cheques/bills above โ‚น10,000โ‚น50 + pocket expenses, or 50% of collection charges, whichever is higher

3. Remittance of Funds โ€” Issuance

A 20% surcharge applies for remittance/retirement of bills paid in cash, except for student drafts noted below.

Draft AmountCharge
Up to โ‚น1,000 / โ‚น5,000 / โ‚น10,000โ‚น100
Above โ‚น10,000 to below โ‚น50,000โ‚น30 or โ‚น1.50/1000, whichever is higher
Above โ‚น50,000โ‚น75 or โ‚น1.25/1000, whichever is higher
Student draft up to โ‚น1,000 (education/exam fees only, within H.P.)โ‚น30
Only the instrument cost (โ‚น20) is charged on drafts within CC Limit / Current / Savings accounts. A commission rebate applies if the draft amount is kept as a clear balance in the account for at least one day.

4. Demand Drafts โ€” Revalidation, Cancellation, Duplicate Instruments

ParticularsCharge
Revalidation or cancellationโ‚น50
Cancellation of lost instrument, up to โ‚น10,000โ‚น50 per instrument
Cancellation of lost instrument, above โ‚น10,000โ‚น70 per instrument

5. Bankers Cheque / Cash Order โ€” Issuance, Revalidation, Cancellation, Duplicate

CategoryCharge
Issuance up to โ‚น5,000โ‚น20
Issuance above โ‚น5,000โ‚น25 min, or โ‚น1.25/1000 (max โ‚น5,000)
Revalidation/cancellation, up to โ‚น1 Lacโ‚น25
Revalidation/cancellation, above โ‚น1 Lacโ‚น30
Duplicate issuance, up to โ‚น1 Lacโ‚น25
Duplicate issuance, above โ‚น1 Lacโ‚น30

6. Minimum Balance โ€” Maintenance / Account Opening

Cheque book issue accountsโ‚น500
Current accountsโ‚น1,000

7. Duplicate Statement / Pass Book

CategoryCharge
Duplicate pass bookโ‚น30 per pass book
Duplicate statement โ€” past 1 year (per ledger folio)โ‚น20
Duplicate statement โ€” 1 to 3 yearsโ‚น30
Duplicate statement โ€” more than 3 yearsโ‚น40 (โ‚น300 if in default)

8. Cheque Book Issue Charges

Savings account, per chequeโ‚น1.10
Current account, per chequeโ‚น1.20
CC/OD account, per chequeโ‚น1.25

9. Cheque Stop Payment Instruction

CategorySingle Cheque5+ Cheques
Savings Fund customersโ‚น20 per instrumentโ‚น100 maximum
Other customersโ‚น30 per instrumentโ‚น200 maximum

10. Incidental Charges โ€” Inoperative & Operative Accounts

CategoryCharge
Inoperative savings account (per half-year)โ‚น30
Inoperative current account (per half-year)โ‚น100
Operative savings account โ€” below minimum balanceโ‚น50
Operative current account โ€” below minimum balanceโ‚น70
If the account balance is below the applicable penalty charge, the account is closed with postal intimation to the customer. Staff and salary accounts are exempt. If the balance falls below minimum on any day in a month, the full month's penalty applies. Charges are exclusive of GST.

11. Locker Rent Charges

General Lockers
SizeRent/yr (General)Rent/yr (Staff)Security (General)Security (Staff)
Smallโ‚น750โ‚น375โ‚น10,000Nil
Mediumโ‚น1,000โ‚น500โ‚น12,000Nil
Bigโ‚น1,300โ‚น650โ‚น20,000Nil
SDL-32 (PH Model 3)
TypeRent/yr (General)Rent/yr (Staff)Security
28 Lockers (189ร—263ร—492mm)โ‚น1,200โ‚น600โ‚น15,000
2D Lockers (189ร—263ร—492mm)โ‚น2,400โ‚น1,200โ‚น25,000
2D Lockers (larger)โ‚น4,200โ‚น2,100โ‚น50,000
SDL-51 (PH Model 2A)
TypeRent/yr (General)Rent/yr (Staff)Security
46 Lockers (125ร—352ร—492mm)โ‚น850โ‚น425โ‚น13,000
2E Lockers (159ร—423ร—492mm)โ‚น1,700โ‚น850โ‚น15,000
2H Lockers (321ร—423ร—492mm)โ‚น2,550โ‚น1,425โ‚น25,000
1H1 Lockers (321ร—210ร—492mm)โ‚น1,100โ‚น550โ‚น15,000

12. Documentation Charges โ€” Loan Accounts / Renewal

Loan AmountCharge
Up to โ‚น50,000โ‚น300 + โ‚น200 docket
Up to โ‚น1,00,000โ‚น400 + โ‚น200 docket
Up to โ‚น2,00,000โ‚น500 + โ‚น200 docket
Above โ‚น2 Lac to โ‚น20 Lacโ‚น700 + โ‚น400/Lac thereof
Above โ‚น20 Lac to โ‚น50 Lacโ‚น8,000 + โ‚น400/Lac thereof
Above โ‚น50 Lacโ‚น25,000 + โ‚น400/Lac thereof

13. Odd Charges (Overdue/Discrepancy)

On CC/CAC/FODA/C (credited to interest on bills purchased/discounted)Min โ‚น100, 35 paise/1000 for first 7 days, 16% p.a. thereafter
On Savings accountMin โ‚น100, 35 paise/1000 for first 7 days, 16% p.a. thereafter

14. Solvency Certificate

Up to โ‚น1,00,000โ‚น250
Above โ‚น1 Lac to โ‚น25 Lacโ‚น1,000
Above โ‚น25 Lac to โ‚น50 Lacโ‚น1,500
Above โ‚น50 Lacโ‚น2,500

15. Notice Charges

Ordinary noticeโ‚น300
Legal noticeโ‚น700

16. CC Limit Renewal Charges

Up to โ‚น2,00,000โ‚น300 + GST
โ‚น2,00,000 to โ‚น20,00,000โ‚น800
โ‚น20,00,000 to โ‚น50,00,000โ‚น1,500
Above โ‚น50,00,000โ‚น7,500
The live site also lists Stationery Charges (Current Account / CC Limit Account โ€” โ‚น60 each) under this same "16" โ€” likely a numbering overlap in the original source. See the underlying Office Order (opens PDF in new tab) for the bank's original notice.

17. Issuance of Bank Guarantee

Performance/Financial Guarantee โ€” fully secured (cash/deposit)โ‚น200 + 25% of guarantee charges
Performance/Financial Guarantee โ€” other casesโ‚น200 + 2%, min โ‚น1,500
Renewal of guaranteeSame as fresh issuance