please visit union bank of india branch/website for revised service charges w.e.f 01.04.2023.
Mohammed
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get please visit union bank of india branch/website for revised service charges w.e.f 01.04.2023. from screen.
Service Charges1
Service Charges (applicable wef April 1 2022)
1. Minimum monthly average balance requirement and monthly maintenance charges in SB accounts1.1 Where debit card has been issued to an account holderMinimum monthly average balance of Rs.7500 per month to be maintained. where monthly average balance fallS below this level charges will be LEVIED as below
MONTHLY AVERAGE BALANCE (MAB) REQUIREMENT MAINTENANCE CHARGES PER MONTH
UptoRs 1000 Rs 45 pm
>Rs 1000 & upto Rs 2000 Rs. 45 PM
>Rs 2000 & upto Rs 3000 Rs. 45 PM
>Rs 3000 & upto Rs 4000 Rs. 35 PM
>Rs 4000 & upto Rs 5000 Rs. 30 PM
>Rs 5000 & upto Rs 7500 Rs. 20 PM
>Rs 7500 NO CHARGE
DEBIT CARD CHARGES PER QUARTER WHERE AVERAGE BALANCE MAINTAINED IS LESS THAN RS 15000 RS 40 PER QUARTER
1.2 Where no debit card has been issued to an account holderBranch location Monthly minimum average balance requirement (Amount in Rs.)
With cheque book facility Without cheque book facility
Metro 3000 1000 Urban 2500 750 Semi urban 2000 500 Rural 1000 100
1.2.1 Maintenance charges per month in non- debit card accounts but with cheque bookMonthly avg balance maintained Rural Semi Urban Urban Metro
>Rs 100 22 22 22 22
>Rs 100 & upto Rs 250 22 22 22 22
>Rs 250 & upto Rs 500 17 17 17 17
>Rs 500 & upto Rs 750 17 17 17 17
>Rs 750 & upto Rs 1000 17 17 17 17
>Rs 1000 & upto Rs 2000 No charge 17 17 17
>Rs 2000 & upto Rs 2500 No charge No charge 17 17
>Rs 2500 & upto Rs 3000 No charge No charge No charge 17
1.2.2 Maintenance charges per month in non- debit card accounts without cheque bookMonthly average balance maintained Rural Semi Urban Urban Metro
1 to Rs 100 Rs 22 pm 22 22 22
>Rs 100 & up to Rs 250 No charge 22 22 22
>Rs 250 & upto Rs 500 No charge 17 17 17
>Rs 500 & upto Rs 750 No charge No charge 17 17
>Rs 750 & upto Rs 1000 No charge No charge No charge 17
The month for reckoning is calendar month.
There are exemptions from maintenance charge to the following categories of SB accounts, and Transactions through Net Banking, Mobile Banking and CUB ATMs are free
Newly opened accounts for the respective quarter
Accounts in newly opened branches of less than one year old
Accounts in centres where we do not have ATM
Staff accounts
CUB Janatha savings accounts (No frills accounts) (now called basic savings account)
Accounts with CUB card holders
NRI accounts
The following accounts are exempted from maintenance charge and transactions through Net Banking and Mobile Banking and CUB ATMs are free. However, Financial or non-financial transactions DONE by below mentioned SB account holders from other bank ATMs will be free upto 5 transactions per month. Thereafter the charges will be Rs.25 (inclusive of GST)per transaction for financial and Rs.10 (inclusive of GST) per transaction for non-financial.
Salary Savings Accounts
Young India Accounts
Junior India accounts
1.3 CUB BSBD productThe following facilities will be offered to our customers under the revised BSBD account:
The deposit of cash at bank branch as well as ATMs/CDMs
Receipt/ credit of money through any electronic channel or by means of deposit /collection of cheques drawn by Central/State Government agencies and departments
No limit on number and value of deposits that can be made in a month
Four withdrawals in a month, including ATM withdrawals
No Cheque book facility
ATM-cum-Debit card will be issued
Free passbook facility
2. Minimum monthly average balance requirement and monthly maintenance charges in General current accounts Minimum Monthly average balance to be maintained is Rs. 50,000/- Per Month, If monthly average balance falls short of Rs. 50,000/- month, charges will be levied at amount shown belowMinimum Balance Maintained GENERAL CA
MAB Above Rs.1,00,000/- 0
Rs. 75,000/- to Rs.1,00,000/- 0
Rs.50,000/- to Rs.75,000/- 0
Rs.25,000/- to Rs.50,000/- 450
Rs.10,000/- to Rs.25,000/- 500
Rs.5,000/- to Rs.10,000/- 550
Rs.2,500/- to 5,000/- 600
Less than Rs.2,500/- 650
3. a Minimum monthly average balance requirement and monthly maintenance charges in classic plus current accountsMinimum average balance requirement in classic plus account is Rs 1 lac, If average balance falls short of Rs.1,00,000/-, monthly charges will be levied at amounts shown below
Minimum Balance Maintained CUB CLASSIC PLUS
MAB Above Rs.1,00,000/- 0
Rs. 75,000/- to Rs.1,00,000/- 550
Rs.50,000/- to Rs.75,000/- 600.00
Rs.25,000/- to Rs.50,000/- 650
Rs.10,000/- to Rs.25,000/- 700
Rs.5,000/- to Rs.10,000/- 700
Rs.2,500/- to 5,000/- 700
Less than Rs.2,500/- 700
3.b Minimum monthly average balance requirement and monthly maintenance charges for other Current AccountsAccount Type Start-Up REGULAR SILVER GOLD PLATINUM
Minimum Monthly Average Balance to be Maintained 0 Rs.10,000/- Rs.25,000/- Rs.50,000/- Rs.1,00,000/-
Minimum Balance Maintained Start-Up REGULAR SILVER GOLD PLATINUM
MAB Above Rs.1,00,000/- 0 0 0 0 0
Rs. 75,000/- to Rs.1,00,000/- 0 0 0 0 550
Important Notices for SBI Credit Cardholders
Find all the important notices with respect to any change in credit card tariff, charges, interest, etc. for SBI Credit Cardholders on our official website.
Notices for Cardholders
Accrual of 10X Reward Points on online spends at Lenskart with SimplyCLICK SBI Card and SimplyCLICK Advantage SBI Card will be revised to 5X Reward Points w.e.f 01 APR’23. Your card will continue to accrue 10X Reward Points on online spends at Apollo 24X7, BookMyShow, Cleartrip, EazyDiner & Netmeds
W.e.f. 17 Mar 2023, for all Rent Payment transactions with SBI Credit Card, Processing Fee per transaction will be revised to Rs.199 + applicable taxes from Rs.99 + applicable taxes
W.e.f. 6 Jan 2023, the Cleartrip voucher issued to SimplyCLICK Cardholders on reaching online spend milestone should be redeemed in a single transaction only and cannot be clubbed with any other offer/ voucher. For more details, click here
Accrual of 10X Reward Points on online spends at Amazon.in with SimplyCLICK/SimplyCLICK Advantage SBI Card will be revised to 5X Reward Points w.e.f 01 Jan’23. Your card will continue to accrue 10X Reward Points on online spends at Apollo 24X7, BookMyShow, Cleartrip , EazyDiner, Lenskart & Netmeds. T&C
W.e.f. 15 Nov 2022, Processing Fee on all Merchant EMI transactions will be revised to Rs.199 + applicable taxes from Rs.99 + applicable taxes
W.e.f. 15 Nov 2022, Processing Fee of Rs.99 + applicable taxes will be levied on all Rent Payment transactions
Reward Points accrued on transactions eligible for Instant Discount and Cashback offers will be forfeited, for offers as per Program T&C. Reward Points will be forfeited for all transactions done during offer period and considered for Offer computation. In case cardholder does not have adequate Reward Points balance at the time of forfeiture, an amount equal to the deficit in the Reward Points will be debited from the card account. T&C
Reward redemption fee of INR 99+taxes will not be charged on AURUM Card w.e.f. 01 Aug 2022.
W.e.f. 01 Oct’22, Fees, Charges & GST will not accrue any interest, and will be included in the Minimum Amount Due. Interest will continue to accrue on customer initiated spends, interest & EMIs in the event of non-payment or delay in payment of Total Amount Due. Charges which are part of the transaction amount, like Fuel Surcharge, IRCTC Surcharge, etc. will also continue to accrue interest.
W.e.f. 01 Sep 2022, Statement Retrieval Fee of Rs. 100 will not be levied on statement regeneration requests. This fee is currently charged on requests made through the Helpline / SBI Branch for regeneration of statements that are more than 2 months old.
W.e.f. 01 Aug 2022, SBI Card will discontinue the ‘Overdue Finance Charge’. Currently, under this charge, the original Finance Charge of 3.5% per month (42% p.a.) is revised to 3.65% per month (43.8% p.a.) if the Minimum Amount Due is not paid by the Payment Due Date twice in a 12-month period.
W.e.f. 01 Aug 2022, complimentary access to DLF Club 4 & DLF Club 5, Gurugram will not be available on AURUM Card.
W.e.f 02 July 2022, Zomato pro Membership benefit will not be available on AURUM Card.
Please click here for the List of Unclaimed Credit Balance against credit card accounts.
W.e.f. 01 Jul 2022, reversal of Renewal Fee on your SimplySAVE Pro SBI Card will be subject to achieving total retail spends of Rs. 50,000 or more in the anniversary year (12 months from the date of card set up or date of renewal).
W.e.f. 01 Jul 2022, reversal of Renewal Fee on your Platinum Defense SBI Card will be subject to achieving total retail spends of Rs. 1,00,000 or more in the anniversary year (12 months from the date of card set up or date of renewal).
W.e.f. 01 Jul 2022, reversal of Renewal Fee on your Apollo SBI Card will be subject to achieving total retail spends of Rs. 1,00,000 or more in the anniversary year (12 months from the date of card set up or date of renewal).
W.e.f. 01 Jul 2022, Currency Conversion Mark-up fee will not be applicable on transaction refunds.
W.e.f. 01 Jul 2022, dynamic & static Currency Conversion Mark-up fee will not be applicable on transaction refunds.
W.e.f 01 Apr 2022, bbstar Membership benefit will not be available on AURUM Card
With effect from 01 Mar 2022, SimplySAVE / SBI Gold & More/ SBI Gold/ Classic/ International Cardholders will earn 1 Reward Point per Rs 150 spent and 10 Reward Points for every Rs 150 spent on accelerated categories, as applicable. T&C
With effect from 01 Mar 2022, SimplySAVE Pro Cardholders will earn 1 Reward Point per Rs 150 spent and 5 Reward Points for every Rs 150 spent on accelerated categories as applicable. T&C
With effect from 01 Mar 2022, Allahabad Bank SimplySAVE SBI Cardholders will earn 1 Reward Point per Rs 150 spent and 10 Reward Points for every Rs 150 spent on accelerated categories as applicable. T&C
With effect from 01 Mar 2022, Central Bank of India SimplySAVE SBI Cardholders will earn 1 Reward Point per Rs 150 spent and 10 Reward Points for every Rs 150 spent on accelerated categories as applicable. T&C
With effect from 01 Mar 2022, City Union Bank SimplySAVE SBI Cardholders will earn 1 Reward Point per Rs 150 spent and 10 Reward Points for every Rs 150 spent on accelerated categories, as applicable. T&C
With effect from 01 Mar 2022, Karnataka Bank SimplySAVE SBI Cardholders will earn 1 Reward Point per Rs 150 spent and 10 Reward Points for every Rs 150 spent on accelerated categories, as applicable. T&C
OCBC Business Banking Notices
The latest OCBC Notices, News and Announcements located here to keep you updated. Contact us if you have any queries.
Business Banking Notices
Notices
For personal banking
For business banking
01 March 2023
Revisions to OCBC Business Account Terms and Conditions from 1 April 2023
15 December 2022
GST Rate Change for 2023 & 2024
12 October 2022
OCBC Anti-Money Laundering / Countering the Financing of Terrorism & Sanction Notice
01 October 2022
Revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”) with effect from 1 November 2022
01 October 2022
Revision of Fees for CHF and EUR Business Accounts from 1 November 2022
01 October 2022
Revision of Fees for Business Growth Account from 1 November 2022
01 August 2022
Express Bulk Cash Deposit New Cut-off Time
01 July 2022
Revision of Fees for Business Foreign Accounts from 1 August 2022
13 May 2022
Service Fee for Cash Withdrawal at non-OCBC ATMs in Malaysia
03 March 2022
Implementation of Best Execution Policy from 3 March 2022
01 December 2021
Revisions to OCBC Business Account Terms and Conditions from 1 January 2022
01 November 2021
Revisions to OCBC Business Account Terms and Conditions from 8 November 2021
29 October 2021
The Digital Business Dashboard will be discontinued on 29 November 2021
14 October 2021
Our Business Banking Desk at OCBC Centre Branch will only be available from Monday to Friday
01 October 2021
Revision of Service Fee from 1 October 2021
Revision of Hardware token pricing from 1 October 2021
01 June 2021
Toa Payoh Central Business Banking Desk will be permanently closed from 1 June 2021
Revisions to OCBC Business Account Terms and Conditions from 1 June 2021
01 May 2021
Revision of terms and conditions for trade finance applications with effect from 1 May 2021
22 April 2021
Revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”) with effect from 1 April 2021
Free Business Deposit Card Issuance extended till 30 June 2022
19 April 2021
Revision of Outward Remittance Telegraphic Transfer Cable Charge for Branch with effect from 1 June 2021
01 April 2021
Revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme with effect from 1 April 2021
Revision of Business Foreign Account Pricing with effect from 1 April 2021
Revision of monthly service fee for EUR Business Accounts with effect from 1 April 2021
27 January 2021
Updates on Express Bulk Cash Deposit Services
21 January 2021
Our Business Banking Desks will be closing at 3pm on 29 January 2021 (Friday) for a company event.
Renaming of Velocity@ocbc from 31 Jan 2021
05 January 2021
Revision of OCBC Business Account Terms and Conditions from 8 February 2021
01 October 2020
Ubi Business Banking Centre will close on 30 October 2020
Submission and collection of trade finance documents at Ubi Business Banking Centre will cease on 30 October 2020
01 September 2020
Free FAST/PayNow transactions extended till 31 December 2020
01 August 2020
Revision of OCBC Business Account Terms and Conditions from 1 August 2020
01 June 2020
Revisions to the Terms and Conditions Governing OCBC Business Debit Card Rebates Programme (“The Programme”) with effect from 1 June 2020
Free FAST/PayNow transactions extended till 31 July 2020
Revision of interest rates for Foreign Currency Call Account
04 May 2020
Important reminder on your incoming JPY payments
01 April 2020
Revision of OCBC Business Account Terms and Conditions from 1 April 2020
02 March 2020
Discontinuation of issuance of JPY Demand Draft with effect from 2 March 2020
Revision to standard charges for Banker’s Guarantee and Standby Letter of Credit from 2 March 2020
06 January 2020
Revision of OCBC Business Account Terms and Conditions from 6 January 2020
Updates to Business Growth Account from 6 Jan 2020
Update to SGD Business Foreign Account from 6 Jan 2020
26 October 2019
Revisions to OCBC Business Account Terms and Conditions from 26 October 2019
01 October 2019
Guys, does anyone know the answer?