Service Charge For New Current Account
| S.No | Type of Charges | KVB ASCENT CA | KVB ADVANTAGE CA | KVB CLASSIC CA | KVB PREMIUM CA | KVB GOLD CA | KVB PLATINUM CA | KVB CLUB 25 CA | KVB GALAXY CA |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MAB Limit | Rs.10000 | Rs.25000 | Rs.50000 | Rs.100000 | Rs.500000 | Rs.10,00,000/- | Rs.25,00,000/- | Rs.5000000 |
| 2 | Cash Remittance at Base Branches & Non base Branches – (Including cash deposited through Cash Deposit machines) | Free cash remittance upto 10 Times of Monthly Average Balance (MAB) subject to maximum of Rs. 5 Lakhs per month at both base and Non base branches put together. Beyond the free limit, Rs.4.00/1000. | Free cash remittance upto 10 Times of Monthly Average Balance (MAB) subject to maximum of Rs. 30 Lakhs per month at both base and Non base branches put together. Beyond the free limit, Rs.3.50/1000. | Free cash remittance upto 10 Times of Monthly Average Balance (MAB) subject to maximum of Rs. 0.5 Cr per month at both base and Non base branches put together. Beyond the free limit, Rs.3.00/1000. | Free cash remittance upto 10 Times of Monthly Average Balance (MAB) subject to maximum of Rs. 0.75 Cr per month at both base and Non base branches put together. Beyond the free limit, Rs.2.00/1000. | Free cash remittance upto 10 Times of Monthly Average Balance (MAB) subject to maximum of Rs. 1.25 Cr per month at both base and Non base branches put together. Beyond the free limit, Rs.2.00/1000. | Free cash remittance upto 10 Times of Monthly Average Balance (MAB) subject to maximum of Rs. 1.5 Cr per month at both base and Non base branches put together. Beyond the free limit, Rs.2.00/1000. | Free cash remittance upto 10 Times of Monthly Average Balance (MAB) subject to maximum of Rs. 3 Cr per month at both base and Non base branches put together. Beyond the free limit, Rs.2.00/1000. | Free cash remittance upto 10 Times of Monthly Average Balance (MAB) subject to maximum of Rs. 3 Cr per month at both base and Non base branches put together. Beyond the free limit, Rs.2.00/1000. |
| 3 | Cash withdrawal limit Base branch | No charges. Unlimited in base branch. | No charges. Unlimited in base branch. | No charges. Unlimited in base branch. | No charges. Unlimited in base branch. | No charges. Unlimited in base branch. | No charges. Unlimited in base branch. | No charges. Unlimited in base branch. | No charges. Unlimited in base branch. |
| 4 | Cash withdrawal limit in non base branch | NIL Charges upto 10K per day; thereafter Rs. 2 / 1000 Min 50 per txn | NIL Charges upto 25K per day; thereafter Rs. 2 / 1000 Min 50 per txn | NIL Charges upto 50K per day; thereafter Rs. 2 / 1000 Min 50 per txn | NIL Charges upto Rs.1 lac per day; thereafter Rs. 2 / 1000 Min 50 per txn | Free | Free | Free | Free |
| 5 | Cheque Book issue | For newly opened Current Account:- 50 leaves free Per Annum | NIL Charges upto 50 cheque leaves p.m | NIL Charges upto 200 cheque leaves p.m., then Std Charges | Free | Free Unlimited | Unlimited | Unlimited | Unlimited |
| 6 | Cheque Book Charges | Beyond free limit Rs.3/- per leaf | Beyond free limit Rs.3/- per leaf | Upto 500 leaves / p.m. - 2 / leaf; Above 500 leaves / p.m. - 3 / leaf | Free | Free | Free | Free | Free |
| 7 | Demand Drafts / Payorders | Base - 1 / 1000 (Min 50 Max 5000) Non Base - 2 / 1000 (Min 50 Max 5000) | Base - 1 / 1000 (Min 50 Max 5000) Non Base - 2 / 1000 (Min 50 Max 5000) | Base - NIL Charges up to 15 DD / BC p.m.; thereafter Std Chrgs Non Base - 2 / 1000 (Min 50 Max 5000) | Base - NIL Charges up to 30 DD / BC p.m.; thereafter Std Chrgs Non Base - Nil upto 10 Lac Then after 2 / 1000 (Min 50 Max 5000) | Free | Free | Free | Free |
| 8 | DD / PO Cancellation, issue of duplicate DD / PO | Upto Rs. 5000 - Rs. 60/- Above Rs. 5000 - Rs. 120/- | Upto Rs. 5000 - Rs. 60/- Above Rs. 5000 - Rs. 120/- | Upto Rs. 5000 - Rs. 60/- Above Rs. 5000 - Rs. 120/- | Rs 50 Per Instrument | Free for Cancellation & Rs 30 Per Instrument Reissuance | Rs 100/- per instance + other bank's charges at actuals if any | Rs 100/- per instance + other bank's charges at actuals if any | Rs 100/- per instance + other bank's charges at actuals if any |
| 9 | Account Maintenance / Folio charges | Free where MAB is Rs.25,000 & above; Rs.1.25 per txns if MAB below Rs.25,000 with a minimum of Rs 25/- | Free where MAB is Rs.25000 & above; Rs.1.25 per txns if MAB below Rs.25000 with a minimum of Rs 25/- | Free where MAB is Rs.25000 & above; Rs.1.25 per txns if MAB below Rs.25000 with a minimum of Rs 25/- | Nil | Free | Free | Free | Nil |
| 10 | Mobile banking / Internet banking (inclusive of RSA security token) / OTP delivery through SMS & EMail | Free | Free | Free | Free | Free | Free | Free | Free |
| 11 | SMS Charges | Rs 50 per quarter plus service tax With Free for First Quarter | Rs 50 per quarter plus service tax With Free for First Quarter | Rs 50 per quarter plus service tax With Free for First Quarter | Rs 50 per quarter plus service tax With Free for First Quarter | Free | Free | Free | Free |
| 12 | RTGS Charges Thru Net Banking | Free | Free | Free | Free | Free | Free | Free | Free |
| 13 | RTGS charges Thru Branch Banking | Rs. 2 lakhs to Rs. 5 lakhs – Rs. 24.50/- Above Rs. 5 lakhs – Rs. 49.50/- | Rs. 2 lakhs to Rs. 5 lakhs – Rs. 24.50/- Above Rs. 5 lakhs – Rs. 49.50/- | Rs. 2 lakhs to Rs. 5 lakhs – Rs. 25/- Above Rs. 5 lakhs – Rs.50/- | Free | Free | Free | Free | Free |
| 14 | NEFT charges Thru Net Banking | Free | Free | Free | Free | Free | Free | Free | Free |
| 15 | NEFT charges Thru Branch Banking / Cash | <= Rs. 10000 - Rs. 2.25 > Rs. 10000 - Rs. 1 lac - Rs.4.75 > Rs. 1 lac - Rs. 2 lac - Rs. 14.75 > Rs. 2 lac - Rs. 24.75 | <= Rs. 10000 - Rs. 2.25 > Rs. 10000 - Rs. 1 lac - Rs.4.75 > Rs. 1 lac - Rs. 2 lac - Rs. 14.75 > Rs. 2 lac - Rs. 24.75 | <= Rs. 10000 - Rs. 2.25 > Rs. 10000 - Rs. 1 lac - Rs.4.75 > Rs. 1 lac - Rs. 2 lac - Rs. 14.75 > Rs. 2 lac - Rs. 24.75 | Free | Free | Free | Free | Free |
| 16 | e - statement | Free | Free | Daily/Weekly / Fortnightly / Monthly Frequencies- Free | Daily Frequency / Weekly / Fortnightly / Monthly Frequencies- Free | Daily /Weekly / Fortnightly / Monthly Frequencies- Free | Daily /Weekly / Fortnightly / Monthly Frequencies- Free | Daily /Weekly / Fortnightly / Monthly Frequencies- Free | Daily /Weekly / Fortnightly / Monthly Frequencies- Free |
| 17 | Adhoc statement | Rs 50 per Statement thru Net Banking & Rs 100 Thru Branch Banking | Rs 50 per Statement thru Net Banking & Rs 100 Thru Branch Banking | Rs 50 per Statement thru Net Banking & Rs 100 Thri Branch Banking | Rs 50 per Statement thru Net Banking & Rs 100 Thri Branch Banking | Rs 50 per Statement thru Net Banking & Rs 100 Thri Branch Banking | Free | Free | Free |
| 18 | Non Maintanance Charge | Rs.500/pm | Rs .750/- | 750 if MAB> = 50% & 1500 if MAB<50% | 1500 if MAB> = 50% & 2500 if MAB<50% | 2000 if MAB> = 50% & 3500 if MAB<50% | 2000 if AMB> = 50% & 4000 if AMB<50% | 3000 if AMB> = 50% & 5000 if AMB<50% | 10000 if AMB> = 50% & 15000 if AMB<50% |
| 19 | Closure of accounts | upto 14 days Nil; < 1 yr - Rs. 500; >= 1 yr - nil | upto 14 days Nil; < 1 yr - Rs. 500; >= 1 yr - nil | upto 14 days Nil; < 1 yr - Rs. 500; >= 1 yr - nil | upto 14 days Nil; < 1 yr - Rs. 500; >= 1 yr - nil | upto 14 days Nil; < 1 yr - Rs. 500; >= 1 yr - nil | upto 14 days Nil; < 1 yr - Rs. 500; >= 1 yr - nil | upto 14 days Nil; < 1 yr - Rs. 500; >= 1 yr - nil | upto 14 days Nil; < 1 yr - Rs. 500; >= 1 yr - nil |
| 20 | Cheque Return charges (only for financial reasons) | Outward - Rs. 100 per Cheque Inward - Rs 500 Per Instance | Outward - Rs. 100 per Cheque Inward - Rs 500 Per Instance | Outward - Nil charges upto 5 p.m.; thereafter Rs. 100 per Cheque Inward - Rs 500 Per Instance | Outward - Nil charges upto 10 p.m.; thereafter Rs. 100 per Cheque Inward - Rs 500 Per Instance | Outward - Nil charges upto 15 p.m.; thereafter Rs. 100 per Cheque Inward - Rs 500 Per Instance | Outward - Nil Inward - Rs 500 Per Instance | Outward - Nil Inward - Rs 500 Per Instance | Outward - Nil Inward - Rs 500 Per Instance |
| 21 | ECS return charges | Rs 500 Per Instance | Rs 500 Per Instance | Debit - Applicable return charges as mentioned for cheques Credit - Free | Debit - Applicable return charges as mentioned for cheques Credit - Free | Debit - Applicable return charges as mentioned for cheques Credit - Free | Debit - Applicable return charges as mentioned for cheques Credit - Free | Debit - Applicable return charges as mentioned for cheques Credit - Free | Debit - Applicable return charges as mentioned for cheques Credit - Free |
| 22 | Stop Payment Instructions | Rs.100 per instrument & Rs.200/- for series of instruments | Rs.100 per instrument & Rs.200/- for series of instruments | Rs.50 per instrument & Rs.100/- for series of instruments | Rs.50 per instrument Rs.100/- for series of instruments | Rs.50 per instrument Rs.100/- for series of instruments | Free | Free | Free |
| 23 | Signature Verification (per instance) | Rs. 100 | Rs. 100 | Rs. 100 | Rs. 50 | Rs. 50 | Free | Free | Free |
| 24 | NACH Mandate Verification per instance | Rs.100/- + GST | Rs.100/- + GST | Rs.100/- + GST | Rs.50/- + GST | Free | Free | Free | Free |
| 25 | ATM charges Issuance Charges | Free Visa Gold Card , Platinum & Signature Card Chargable | Free Visa Gold Card , Platinum & Signature Card Chargable | Free Visa Gold Card . Platinum & Signature Card Chargable | Free Visa Platinum Card , Signature Card Chargable | Free Visa Platinum Card , Signature Card Chargable | Free VISA Signature / Master World , Issuance , Reissuance , Annual Maintanance | Free VISA Signature / Master World , Issuance , Reissuance , Annual Maintanance | Free VISA Infinite / Master World Elite , Issuance , Reissuance , Annual Maintanance |
| 26 | ATM withdrawal limit | Rs 50,000/- | Rs 50,000/- | Rs 50,000/- | Rs 75,000/- | Rs 1,00,000/- | Rs 1,00,000/- | Rs 1,50,000/- | Rs 2,00,000/- |
| 27 | Merchant establishment | Rs 1,50,000/- | Rs 1,50,000/- | Rs 1,50,000/- | Rs 2,00,000/- | Rs 2,50,000/- | Rs 3,00,000/- | Rs 4,00,000/- | Rs 5,00,000/- |
| 28 | Rewards Points - Offer | > 1 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- | > 1 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- | > 1 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- | > 1 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- | > 1 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- | > 1.5 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- | > 2 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- | > 3 Rewards Points on every 100 Rs Spent , Each point is Valued at Rs 0.25/- |
| 29 | ATM withdrawal limit | Free Unlimited KVB & Other Bank ATMs 3 transactions, beyond which will be charged at Rs 20 for Financial & Rs 10 for Non Financial Txn | Free Unlimited KVB & Other Bank ATMs 5 transactions, beyond which will be charged at Rs 20 for Financial & Rs 10 for Non Financial Txn | Free Unlimited KVB & Other Bank ATMs 7 transactions, beyond which will be charged at Rs 20 for Financial & Rs 10 for Non Financial Txn | Unlimited KVB & Other Bank ATM Transactions | Unlimited KVB & Other Bank ATM Transactions | Unlimited KVB & Other Bank ATM Transactions | Unlimited KVB & Other Bank ATM Transactions | Unlimited KVB & Other Bank ATM Transactions |
| 30 | BNRM Charges | Applicable on cash deposit in Cash Deposit Machines (CDM) post office hours on working days and entire day on National/State holidays) - Rs 50 per transaction exceeding Rs 15,000 per month either single or multiple transaction – Including 2nd & 4th Saturday ( Holidays) these are intentional and over above cash Deposit Charges , Example1 : If the customer uses BNRM and deposit Rs 20,000/- only once also – Customer to be charged as it crosses s 15000/- if they uses beyond office hours or on holidays – Charged @ Rs 50 Example 2 : If the Customer crosses Cash Limit and deposit cash in BNRM after office hours then only they should be charges for both BNRM & Cash Deposit Charges . Example 3 : If the customer uses BNRM and deposit Rs 12,000/- in 6 times, that too after office , customer shouldn’t be charged still. | Applicable on cash deposit in Cash Deposit Machines (CDM) post office hours on working days and entire day on National/State holidays) - Rs 50 per transaction exceeding Rs 15,000 per month either single or multiple transaction – Including 2nd & 4th Saturday ( Holidays) these are intentional and over above cash Deposit Charges , Example1 : If the customer uses BNRM and deposit Rs 20,000/- only once also – Customer to be charged as it crosses s 15000/- if they uses beyond office hours or on holidays – Charged @ Rs 50 Example 2 : If the Customer crosses Cash Limit and deposit cash in BNRM after office hours then only they should be charges for both BNRM & Cash Deposit Charges . Example 3 : If the customer uses BNRM and deposit Rs 12,000/- in 6 times, that too after office , customer shouldn’t be charged still. | Applicable on cash deposit in Cash Deposit Machines (CDM) post office hours on working days and entire day on National/State holidays) - Rs 50 per transaction exceeding Rs 15,000 per month either single or multiple transaction – Including 2nd & 4th Saturday ( Holidays) these are intentional and over above cash Deposit Charges , Example1 : If the customer uses BNRM and deposit Rs 20,000/- only once also – Customer to be charged as it crosses s 15000/- if they uses beyond office hours or on holidays – Charged @ Rs 50 Example 2 : If the Customer crosses Cash Limit and deposit cash in BNRM after office hours then only they should be charges for both BNRM & Cash Deposit Charges . Example 3 : If the customer uses BNRM and deposit Rs 12,000/- in 6 times, that too after office , customer shouldn’t be charged still. | Applicable on cash deposit in Cash Deposit Machines (CDM) post office hours on working days and entire day on National/State holidays) - Rs 50 per transaction exceeding Rs 15,000 per month either single or multiple transaction – Including 2nd & 4th Saturday ( Holidays) these are intentional and over above cash Deposit Charges , Example1 : If the customer uses BNRM and deposit Rs 20,000/- only once also – Customer to be charged as it crosses s 15000/- if they uses beyond office hours or on holidays – Charged @ Rs 50 Example 2 : If the Customer crosses Cash Limit and deposit cash in BNRM after office hours then only they should be charges for both BNRM & Cash Deposit Charges . Example 3 : If the customer uses BNRM and deposit Rs 12,000/- in 6 times, that too after office , customer shouldn’t be charged still. | Applicable on cash deposit in Cash Deposit Machines (CDM) post office hours on working days and entire day on National/State holidays) - Rs 50 per transaction exceeding Rs 15,000 per month either single or multiple transaction – Including 2nd & 4th Saturday ( Holidays) these are intentional and over above cash Deposit Charges , Example1 : If the customer uses BNRM and deposit Rs 20,000/- only once also – Customer to be charged as it crosses s 15000/- if they uses beyond office hours or on holidays – Charged @ Rs 50 Example 2 : If the Customer crosses Cash Limit and deposit cash in BNRM after office hours then only they should be charges for both BNRM & Cash Deposit Charges . Example 3 : If the customer uses BNRM and deposit Rs 12,000/- in 6 times, that too after office , customer shouldn’t be charged still. | Applicable on cash deposit in Cash Deposit Machines (CDM) post office hours on working days and entire day on National/State holidays) - Rs 50 per transaction exceeding Rs 15,000 per month either single or multiple transaction – Including 2nd & 4th Saturday ( Holidays) these are intentional and over above cash Deposit Charges , Example1 : If the customer uses BNRM and deposit Rs 20,000/- only once also – Customer to be charged as it crosses s 15000/- if they uses beyond office hours or on holidays – Charged @ Rs 50 Example 2 : If the Customer crosses Cash Limit and deposit cash in BNRM after office hours then only they should be charges for both BNRM & Cash Deposit Charges . Example 3 : If the customer uses BNRM and deposit Rs 12,000/- in 6 times, that too after office , customer shouldn’t be charged still. | Applicable on cash deposit in Cash Deposit Machines (CDM) post office hours on working days and entire day on National/State holidays) - Rs 50 per transaction exceeding Rs 15,000 per month either single or multiple transaction – Including 2nd & 4th Saturday ( Holidays) these are intentional and over above cash Deposit Charges , Example1 : If the customer uses BNRM and deposit Rs 20,000/- only once also – Customer to be charged as it crosses s 15000/- if they uses beyond office hours or on holidays – Charged @ Rs 50 Example 2 : If the Customer crosses Cash Limit and deposit cash in BNRM after office hours then only they should be charges for both BNRM & Cash Deposit Charges . Example 3 : If the customer uses BNRM and deposit Rs 12,000/- in 6 times, that too after office , customer shouldn’t be charged still. | Applicable on cash deposit in Cash Deposit Machines (CDM) post office hours on working days and entire day on National/State holidays) - Rs 50 per transaction exceeding Rs 15,000 per month either single or multiple transaction – Including 2nd & 4th Saturday ( Holidays) these are intentional and over above cash Deposit Charges , Example1 : If the customer uses BNRM and deposit Rs 20,000/- only once also – Customer to be charged as it crosses s 15000/- if they uses beyond office hours or on holidays – Charged @ Rs 50 Example 2 : If the Customer crosses Cash Limit and deposit cash in BNRM after office hours then only they should be charges for both BNRM & Cash Deposit Charges . Example 3 : If the customer uses BNRM and deposit Rs 12,000/- in 6 times, that too after office , customer shouldn’t be charged still. |
| 31 | PA Cover to Every Card Holder | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C |
| 32 | Air Accident Cover | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C |
| 33 | Lost Card Liability / Purchase Protection | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C | As per Debit Card T&C |
