Scribd Logo
Upload

Welcome to Scribd!

  • Schedule of Charges - Silk Bank Ready Line Effective January 01, 2012

    Uploaded by

    AlishaAskari
    4 views2 pages
    Silk Bank Ready Line charges an annual fee of Rs. 2,900 with a processing fee of the same amount. Late payment charges are a minimum of Rs. 500 or 0.5% of utilization, increasing to 1% for second late payment and 1.5% for third and subsequent late payments. An enhancement fee of Rs. 2,000 applies along with additional credit protector fees quoted by vendors. Regular branch banking charges and applicable taxes will also be charged.

    Original Description:

    soc_rl

    Original Title

    soc_rl

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Silk Bank Ready Line charges an annual fee of Rs. 2,900 with a processing fee of the same amount. Late payment charges are a minimum of Rs. 500 or 0.5% of utilization, increasing to 1% for second late payment and 1.5% for third and subsequent late payments. An enhancement fee of Rs. 2,000 applies along with additional credit protector fees quoted by vendors. Regular branch banking charges and applicable taxes will also be charged.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    4 views2 pages

    Schedule of Charges - Silk Bank Ready Line Effective January 01, 2012

    Uploaded by

    AlishaAskari
    Silk Bank Ready Line charges an annual fee of Rs. 2,900 with a processing fee of the same amount. Late payment charges are a minimum of Rs. 500 or 0.5% of utilization, increasing to 1% for second late payment and 1.5% for third and subsequent late payments. An enhancement fee of Rs. 2,000 applies along with additional credit protector fees quoted by vendors. Regular branch banking charges and applicable taxes will also be charged.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 2

    Schedule of Charges Silk Bank Ready Line effective January 01, 2012

    Marku! Rate "rid


    Seg#ent Marku! Rate
    Salaried $%B&R ' 1()
    Selfe#!loyed Business#en * Self+#!loyed
    ,rofessionals
    $%B&R ' 21)
    -ote.
    /he a!!lica0le rate 1ill 0e ad2usted every year 0ased on !revailing $%B&R &ne 3ear rate 45sk
    Side67
    Miscellaneous Charges
    /y!e of Charges
    5#ount
    5nnual 8ee
    Rs7 2,900:
    ,rocessing 8ee
    Rs7 2,900
    Late ,ay#ent Charges
    8ull !enalty charges as !er the follo1ing grid
    &n #issing 1
    st
    ,ay#ent
    &n #issing 2
    nd
    ,ay#ent
    &n #issing ;
    rd
    ,ay#ent and
    on1ard !ay#ents
    su0se<uently
    Mini#u# Rs7
    (00: or 072) of
    utili=ation
    41hichever is
    higher6
    Mini#u# Rs7
    >00: or 0729) of
    utili=ation
    41hichever is
    higher6
    Mini#u# Rs7 1,000:
    or 07;0) of
    utili=ation
    41hichever is higher6
    /he charges 1ill 0e a!!lied on #onthly 0asis on #issing the due date : !ay#ent7
    +nhance#ent 8ee
    Rs7 2,000:
    Credit ,rotector 8ee 4&!tional6
    5s !er rate <uoted 0y vendor
    Che<ue Return 8ee
    Rs7 900:
    Collection Charges
    Rs7 900 !er visit
    Litigation Charges
    5t actual
    Mini#u# Balance ,enalty
    -il
    &nline Cash ?e!osit
    -o charges on re!ay#ent account
    +arly /er#ination Charges
    -il
    Sta#! ?uties
    5t actual
    -ote.
    5ll regular 0ranch 0anking charges 1ill 0e a!!lied for the transactions through 0ranches7
    %n addition to the a0ove, Co##ission:Service charges, Recovery of Courier:,ostage:8a@ Charges
    1ill also 0e #ade according to the !rescri0ed tariff 41here a!!lica0le67
    %n addition to the charges a0ove, all a!!lica0le "overn#ent levies, duties, and ta@es 1ill 0e
    charged to custo#er 41here a!!lica0le67

    You might also like