Service Charges and Fees
Service Charges and Fees
Service Charges and Fees
Free limit
month)
(per
Upto 5 Lakh
The amount eligible for cash remittance without Charges is determined based on the actual AMB Maintained for the
previous month
Cash remittance towards loans repayments, RD and term deposits will not attract cash handling Charges
The free limit per quarter will be higher of the above two
60
135
>25000-50000
175
90
>50000-100000
150
120
>100000-250000
125
150
>250000-500000
100
>500000
75
Non-maintenance of average minimum balance will be intimated to customers and one month notice period will be given to
restore the average balance to the stipulated level vis--vis scheme of account
Usage of Debit card at ATMs other than Federal Bank ATMs outside Kerala (w.e.f 01.04.2016)
Financial Transaction
Non-Financial Transaction
Following savings bank schemes shall be given concessions from charges for usage of Debit card at ATMs other than Federal
Bank ATMs outside Kerala :SB Plus, Mahila Mithra, Fedclassic, Fedclassic Premium Salary, Fed Power+, Fed excel, Fed Smart,
Fed Select, Fed NRI Select, Fed Select +, Fed NRI Select +, Fed Select Premia, Fed NRI Select Premia, Fed Select Premia Plus,
Fed NRI Select Premia Plus, Fed NRI Eve, Fed NRO Privilege, NRE CA and No charges shall be levied in the current month for
Customers maintaining Monthly Average Balance of Rs.25000 or more in the previous month in SB/CA.
ATM transaction (Federal Bank ATM)
Parameter
Charges
Financial
Non-Financial Transaction
Charges
0
150/Yr
200/Yr
300/Yr
400/Yr
*Premium schemes are exempted of this Charges-Fed Classic premium, Fed NRI Premium, NRI CA, Mahilamitra, Fed Smart, Fed NRI Eve, Fed
NRI Privilege, Fed NRI Power, Fed Select, Fed Select+, NRI Select, NRI Select+, Fed NRI Select Premia, FedNRI Select Premia+, Fed Select Premia,
Fed Select Premia+, FCRA Fed Select.
Card Type
Charges
Registration/issuance
All cards
Free
Normal Card
Chip card(Except Platinum)
50
200
Platinum Card
Normal Card
500
50
Add-on/duplicate card
Chip card
200
Free
Charges
Financial
100
Non- Financial
25
By cash
By cheque
Free
50 per instance
In Point of Sales (POS) transactions by default, primary account is selected. POS transactions in Petrol pumps and Railways attract surcharges @
2.50% of the amount of transaction or 10/- whichever is higher, will be debited from the customer later.
Charges
SB Rural
SB Senior Citizens
Outward return
(inward clearing) of
local cheques
SB Other
Current/OD/CC
0 5000
5001 10,000
Above 10,000
15
1001 5000
25
5001 10,000
50
10,001 1,00,000
100
1,00,001 5,00,000
200
5,00,001 10,00,000
225
250
Key Deposit ()
9000
12000
20000
7000
10000
13000
Rent for Locker Sizes D,2B,2B1,4A,2D,4B,4D1,4D,H1,H in Rural/Semi-Urban Branches will be 80% of the rates in Metro/Urban branches.(Bigger
size Lockers will be issued only on a case-to-case basis at Rural/Semi-Urban areas)
Rent ()
1500
2500
5000
5500
6000
6000
6800
7000
8000
10000
12000
Key Deposit ()
9000
12000
19000
21000
22000
22000
25000
25000
28000
34000
40000
H1
H
300
300
200
400
520
520
4000
7500
20000
25000
Locker
size
A
2A
D
4A
2D
4D
Height
Width
Depth
125
125
189
278
189
404
175
352
263
352
529
529
492
492
492
492
492
492
Annual
()
3600
7200
8400
9600
12000
20400
Rent
Quarterly
()
900
1800
2100
2400
3000
5100
Monthly
()
300
600
700
800
1000
1700
Key Deposit()
15000
25000
30000
35000
40000
50000
Charges
Free
Safe Deposit of Sealed covers from reputed organizations including Govt. Bodies
350/Cover
1000
Rs 3000/Box / per annum or
Safe Deposit of Sealed Boxes from reputed organizations including Govt. Bodies(Size upto
part thereof with a
30x30x30 cm)#
minimum of Rs 1000/# For security reasons, these services are not to be provided to general public without specific permission from Planning
department.
Electronic Clearing Services: Credit Clearing
Charges
1. Sponsor Bank: Minimum Charges 2750/- + Charges payable to RBI and Destination Bank, if any.
a) Upto 10000 records
2. Charges Payable to Destination Bank and /or RBI: On actual basis, i.e. as waived/ prescribed by RBI from time to time.
Electronic Clearing Services: Debit Clearing
Charges
ECS Registration
Free of Charges
Whenever there is a return under ECS due to want of funds for three times, the ECS registration will automatically get
cancelled and for re-registration, the re-registration Charges of 200/- will apply
Charges
SB Rural br
SB Senior Citizens
SB Other
Current/OD/CC
Charges
100 per instrument; 500 for a series of 3 cheques or more
# 75/- per instrument and 400 for a series of 3 Cheques and more for SB Rural and
Senior citizens
All Accounts
25
30
DD cancellation
DD duplicate
DD revalidation
Issue of duplicate
statement/Passbook
Closure of Accounts
Charges
Savings
100
Current
200
SB Rural
50
SB Senior Citizens
50
SB Other
100
Current
100
Within 6 months
After 6 months
before 12 months
Note: No charges if the account (Saving/Current) is closed within 14 days from the first deposit into the account.
Recurring deposits
Charges
150
(Free for NRIs)
Standing instructions (intra-bank transactions towards FD, loan etc. are free)
Parameter
Registration (one-time)
Account
All Accounts
Charges
100
Amendment
All accounts
50
All accounts
10
Non-execution (due to
Savings
lack of sufficient funds in
Current/OD/CC
the account)
100
200
Monthly
Current
Monthly
All accounts
Outside (OBC)
All accounts
Charges
Savings
Current/OD/CC
Fed Mobile
Parameter
Transfer from all type of SB,
Current & OD/CC accounts
Charges
Free. There will be a daily cap of 50,000 and a monthly cap of 2,00,000 per customer
Tele banking
Parameter
Charges
RTGS/NEFT/SFMS Charges
RTGS
Customer outward transactions
Customer inward transactions
NEFT
Customer outward transactions
Customer inward transactions
SFMS(for Bank Guarantee Facility)
Bank Guarantee
Upto 10 Lakhs
More than 10 Lakhs
Charges
2 to 5 lakh - 25 per transaction
Above 5 lakh - 50 per transaction
Free
Up to 10,000
- 2.50 per transaction
10001 to Rs 100,000 5.00 per transaction
100,001 to 2 lakh - 15.00 per transaction
2,00,001 and above - 25.00 per transaction
Free
500
1000
Charges
Free
e-shopping payment
Free
Free
Free
Free
10 Per transaction
Miscellaneous Charges
Charges
Balance certificate
100
Interest certificate
100 per certificate; one certificate per account free per year
Ordinary post
Registered post
Failed post (due to customers fault) No refund if already Charged. If not Charged, Charges according to above
Record inquiries (within last 12
months)
50 per request/document
Use of Fax/Telephone/Internet
125% of actual
Photo/Signature /Document
attestation
50 per item
Reconstitution
of account
50
200
10