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TAMILNAD MERCANTILE BANK LTD – HEAD OFFICE – THOOTHUKUDI<br />
Revision <strong>in</strong> Cheque collection charges.<br />
We have revised the service charges for outward cheque collections, Speed<br />
Clear<strong>in</strong>g and Cheque Returns as detailed below.<br />
Outward Cheque Collection charges:<br />
Cheque Collection Sav<strong>in</strong>gs /Anywhere<br />
Sav<strong>in</strong>gs Account<br />
CTS Clear<strong>in</strong>g:<br />
Cheques payable at<br />
any centre, deposited<br />
at Parent Branch or<br />
any Satellite Branch<br />
(com<strong>in</strong>g under CTS<br />
Clear<strong>in</strong>g)<br />
Above Rs.1 lac<br />
Free<br />
Postage or Rs.25/-<br />
whichever is higher +<br />
ST<br />
Current/Anywhere<br />
Current Account /<br />
Overdraft/ Cash Credit<br />
Free<br />
Non CTS Clear<strong>in</strong>g: Cheques Payable at Satellite Branches, Deposited at<br />
Parent Branch / any other Satellite Branch<br />
Upto Rs.1 lac<br />
Rs.25 + ST<br />
Postage or Rs.25/whichever<br />
is higher + ST<br />
- do -<br />
For SBROYAL –<br />
Any amount- FREE<br />
Non CTS Clear<strong>in</strong>g - payable at outstation other than our Bank Centre,<br />
Delivery at Parent / Satelite Branch<br />
Upto Rs.5000<br />
Rs.25 + ST + OBC Rs.25 + PT + ST + OBC<br />
Rs.5001 to Rs.10000<br />
Rs.10001 to 100000<br />
Above Rs.100000<br />
Rs.50 + ST + OBC<br />
Rs.100 + ST + OBC<br />
Rs.150 + PT + ST +<br />
OBC<br />
For SB ROYAL<br />
Upto Rs.1 lac<br />
Rs.25 + ST + OBC<br />
Above Rs.1 lac<br />
Rs.25 + ST + PT + OBC<br />
Speed Clear<strong>in</strong>g Free Free<br />
Rs.25 + PT + ST + OBC<br />
15 paise per Rs.100 M<strong>in</strong><br />
Rs.25 + PT + ST + OBC<br />
Rs.150 + PT + ST +<br />
OBC<br />
For CA-DIAMOND A/c-<br />
Any amount -<br />
Rs.25 or PT + ST + OBC
• PT – Postage<br />
• OBC – Other Bank Charges<br />
• ST – Service Tax<br />
Cheques sent for collection- return charges<br />
Category Rate of charges<br />
Sav<strong>in</strong>gs Bank Account for outstation Rs.25 + Other bank charges actual<br />
collection cheque upto Rs.1 lac + Service Tax<br />
Sav<strong>in</strong>gs Bank Account for cheques Rs.50 + Other bank charges actual<br />
above Rs.1 lac<br />
+ Service Tax<br />
Current and other Account holders –<br />
Upto Rs.1 lac<br />
Current and other account holders<br />
above Rs.1 lac<br />
Return charge for Cheque collection<br />
under Speed Clear<strong>in</strong>g<br />
Rs.25 + Other bank charges actual<br />
+ Service Tax<br />
Rs.100 + Other Bank charges actual<br />
+ Service Tax<br />
Local Clear<strong>in</strong>g return charge will<br />
apply<br />
The above revision comes <strong>in</strong>to operation from 19.11.2012.
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