
Rates and Charges
DEPOSITS AND ALLIED SERVICES
Amount in Kshs.
S No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
---|---|---|
1. |
LEDGER FOLIO CHARGES. |
|
|
CURRENT & OVERDRAFT ACCOUNTS
|
25/- 500/- |
|
SAVINGS BANK ACCOUNT |
Nil |
|
BARODA PERSONAL ACCOUNT |
Nil |
|
Note: 30 entries or part thereof to be treated as one ledger page for accounts maintained on Computers. |
|
2. |
CHARGES FOR ISSUE OF DUPLICATE OR INTERIM STATEMENT / PASS BOOK |
|
|
Original Statement / Pass Book Duplicate OR Interim Statement / Pass Book(per folio)
|
Free 100/- 200/- |
|
Note:
|
|
|
CHARGES FOR ISSUE OF DUPLICATE TDR / ACKNOWLEDGEMENT IN CASE OF LOSS OF TDR |
500/- |
3. |
CHEQUE BOOK CHARGES ( Per Leaf ) |
|
|
CURRENT & OVERDRAFT ACCOUNTS BARODA PERSONAL ACCOUNT |
15.00 15.00 |
|
Note: Stamp duty / Govt. revenue to be recovered additionally. |
Amount in Kshs.
S No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
4. |
CHARGES FOR NOT MAINTAINING MINIMUM BALANCE. (PREVALENT MINIMUM BALANCE TO BE MAINTAINED AS PER SCHEME) |
|
|
CURRENT & OVERDRAFT ACCOUNTS BARODA PERSONAL ACCOUNT SAVINGS BANK ACCOUNT |
500/- 250.00 No Charge |
5. |
CHARGES FOR STANDING INSTRUCTIONS |
|
|
i) At the time of acceptance
|
500/- Nil 200/- 500/- 1000/- |
6. |
CHARGES FOR STOP PAYMENT INSTRUCT-ION (PER INSTRUMENT) |
500/- |
|
IN CASE OF LOSS OF COMPLETE CHEQUE BOOK (MAXIMUM CEILING AS BELOW) CURRENT & OVERDRAFT ACCOUNTS BARODA PERSONAL ACCOUNT |
2500/- 2500/- |
7. |
CHARGES ON CHEQUE RETURNED UNPAID |
|
|
|
500/- 2000/- 500/- |
8. |
CHARGES INTERNAL TRANSFER – (per entry – without Cheque Book). |
200/- |
9. |
SALARY PROCESSING |
100/- |
Amount in Kshs.
S No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
|
|
|
10. |
PREMATURE CLOSURE OF ACCOUNT (WITHIN 1 YEAR OF OPENING) |
|
|
CURRENT & OVERDRAFT ACCOUNTS BARODA PERSONAL ACCOUNT SAVINGS BANK ACCOUNT |
1000/- 500/- No Charge |
|
NOTE : No charge for premature closure of account on account of death of account holder. |
|
11. |
CHANGE OF SIGNATORY INCLUDING RECONSTITUTION OF ACCOUNT (ADDITION DELETION IN JOINT NAME INCLUDING LOCKER)
|
200/- 500/- |
|
NOTE : No charge for premature closure of account on account of death of account holder. |
|
12. |
CHARGES ON ISSUANCE OF BALANCE CERTIFIACTE (AT REQUEST OF CUSTOMER)
|
200/- 500/- |
13. |
CERTIFICATION OF DOCUMENT (PER DOCUMENT) |
500/- |
14. |
AUDIT CONFIRMATION / REPORT |
2000/- |
15. |
INVESTIGATION / QUERY – PER ITEM / RECORD (CHEQUE, DEPOSIT & WITHDRAWAL)
|
500/-
1000/- |
16. |
PROVIDING BANKERS / CREDIT OPINION REFERANCE LETTER
|
1000/- 1000/- |
ADVANCES AND GUARANTEES
Amount in Kshs.
S No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
|
|
|
b. |
Amendments
|
0.50% per quarter min. 5000/= 2000/= |
c. |
Acceptance Commission (on amount of Bill) |
0.25% min.2500/=, max20000/= |
d. |
Discrepancy Charges |
0.10% Min. 2,000/= max20,000/= |
e. |
Cancellation Commission |
2000/- |
|
Note :
|
|
f. |
Advising Charges (on LC amount)
|
2000/- 5000/- |
g. |
Confirmation Charges (on LC amount) |
0.25% per quarter or part thereof Min. 5000/= |
|
Note : Confirmation charges to be for the period of validity and usance on the amount of LC. |
|
h. |
Negotiation / Retirement Charges (on amount of Bill) |
2500/= Flat. |
5. |
Devolvement / Crystallisation of Bills (on amount of Bill)
(Interest on outstanding amount to be recovered separately) |
0.25% min 2500/= |
COLLECTION
S No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
---|---|---|
1. |
Collection of Outstation Cheques
|
0.25% min 100/= max2500/= |
|
Note :
|
|
2. |
Collection of Bills (Clean, Documentary – Demand, Usance) |
|
a. |
IBC / FIBC
|
500/- flat 0.25% min 500/= max15000/= |
|
Note :
|
|
b. |
OBC / FOBC
|
500/- flat 0.25% min 500/= max15,000/= |
|
Note :
|
|
c. |
Availisation of Document |
0.25% per quarter or part thereof. |
d. |
Custody / Holding Charges on Overdue Bill under FIBC |
50/- per day. |
3. |
BILLS PURCHASE / DISCOUNT Handling / Collection charges + Interest as under |
0.25% min 500/= max15,000/= |
|
|
REMITTANCES
Amount in Kshs.
S No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
---|---|---|
1. |
ISSUE OF DD / BANKERS CHEQUE (INLAND)
Note:
|
250/-
1000/- |
2. |
CANCELLATION OF DD/ BANKERS CHEQUE (per instrument) |
250/- |
3. |
OUTWARD REMITTANCE |
|
a. |
RTGS (irrespective of amount) |
500/- |
b. |
EFT (irrespective of amount)
|
200/- 300/- |
c. |
SWIFT (irrespective of amount) |
1500/- |
4. |
RAPID FUNDS TO INDIA |
|
a. |
Account with Bank of Baroda
|
200/- 500/- |
b. |
Other Bank through RTGS / NEFT
|
500/- 1000/- |
c. |
Other Bank through SWIFT |
1500/- |
5. |
INWARD FOREIGN REMITTANCE THROUGH SWIFT
|
500/- 1000/- 3000/- |
6. |
INWARD REMITTANCE (INLAND) – NEFT / RTGS |
Free |
7. |
Travellers Cheque Note: Postage , Courier , other out of pocket expenses shall be recovered additionally |
1% |
MISCELLANEOUS
Amount in Kshs.
S No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
---|---|---|
1. |
CASH HANDLING (RECEIPT ONLY)
|
0.125% |
2. |
WITHDRAWAL FORM
|
Free 200/- |
3. |
CASH WITHDRAWAL (INTER – SOL ONLY) |
|
a. |
CUSTOMER / AUTHORISED AGENT (AS PER BANK’S RECORD)
|
Free 0.05% max.2500/= |
b. |
THIRD PARTY Note : –
|
250/= |
4. |
POSTAGE Inland Overseas Courier (International) |
300/- 1000/- 4000/- |
5. |
SWIFT CHARGES (FOR LC & OTHERS EXCEPT REMITTANCE) – PER MESSAGE |
1500/- |
LOCKERS
S No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
---|---|---|
1. |
RENT ON LOCKERS |
|
|
CATEGORY OF LOCKER |
RENT PER ANNUM |
|
A |
2500/- |
|
B |
2800/- |
|
C |
3100/- |
|
D |
3400/- |
|
E |
3700/- |
|
F |
4000/- |
|
G |
4500/- |
|
H |
5000/- |
|
NOTE :
|
|
2. |
CHARGES FOR RENT IN ARREARS |
25% of rent in arrears (Subject to max. of -4- years ) |
3. |
CHARGES ON LOSS OF KEYS / BREAKAGE OF LOCKER. Note :
|
5000/- |
Note :- VAT / Govt. revenue as applicable will be recovered additionally.
NET BANKING – BARODA CONNECT
Amount in Kshs.
S No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
---|---|---|
1. |
REGISTRATION |
FREE |
2. |
INTERNAL TRANSFER |
FREE |
3. |
TRANSFER TO 3RD PARTY WITHIN BANK |
FREE |
4. |
STATEMENT GENERATION THROUGH NET BANKING |
FREE |
FOREIGN CURRENCY ACCOUNTS
Amount in USD
S.No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
---|---|---|
1. |
ENTRY / LEDGER FOLIO CHARGES |
Free |
2. |
CHARGES FOR ISSUE OF DUPLICATE / INTERIM STATEMENT / PASS BOOK |
|
|
Original Statement / Pass Book Duplicate Statement / Pass Book
|
Free 5/- 10/- |
3. |
CHARGES ON CHEQUE RETURNED UNPAID |
|
|
|
5/- 25/- 10/- |
4. |
STOP PAYMENT CHARGES (PER INSTRUMENT) |
5/- |
5. |
CHARGES FOR NOT MAINTAINING MINIMUM BALANCE. |
NIL |
6. |
PREMATURE CLOSURE OF ACCOUNT (WITHIN 1 YEAR OF OPENING)
|
15/- 25/- |
7. |
ISSUE OF DD / MT / BANKERS CHEQUE
|
10/- 25/- |
8. |
CHARGES FOR STANDING INSTRUCTIONS |
|
|
|
10/- Free 10/- 25/- |
Amount in USD
S.No. |
AREA OF BANK SERVICE |
SERVICE CHARGES |
9. |
CASH HANDLING (DEPOSIT ONLY)
|
NIL 0.125% 0.250% 0.50% 1/-% |
Note :-
- Charges stipulated in USD – to be converted to Currency in which account is maintained.
- Service charges for local currency accounts may be converted to equivalent foreign currency and applied to these accounts where a particular service is not mentioned / quoted above.