welcome to Mahaveer bank

News and Updates

We have introduced services of RTGS and E- Tax payment of income tax.

We are opening a new branch with Inter connectivity

During financial year
2009-10, Bank achieved “A+” Rating by RBI.

As per RBI guidelines, all eligible deposits have been covered under the deposit insurance scheme of DICGC.

Safety deposit lockers are available with us.

Avail Gold loans from Mahaveer Bank.

SERVICE CHARGES

S No.	Particulars	Charges
1.	Cash deposit charges for Inward Cheques in Clearing and for RTGS	5 paise per hundred
2.	Inward Clearing Cheque Return for want of funds	Rs.75/- per instrument
3.	Outward Clearing Cheque Return for want of funds	Rs.150/- per instrument
4.	Signature verification for any form of other Financial Institute, Share Transfer Deed etc.	Rs.56/-
5.	Stop Payment Charges for instrument	Rs.150/-
6.	Cheque Book Charges - for normal transaction for submitting advance cheques to any finance institute	Rs.3/- per leaf Rs.5/- per leaf
7.	Account Closing Charges Current Account	Rs.100/-
8.	Loan EMI Cheque Return Charges	Rs.150/- per instrument

PAY ORDER AND DD CHARGES

S No.	Banks Name	Exchange Rate/Charges
1.	Mahaveer Bank – pay orders	10 paise per Rs 100/- Min Rs 28/-
2.	HDFC/ KOTAK - (At Par Cheque)	10 paise per Rs 100/- Min Rs 28/-
3.	State Bank of India – (DD’s)	15 paise per Rs 100/- Min Rs 28/-
4.	State Bank of India (At Par Cheques)	12 paise per Rs 100/- Min Rs 28/-
5	State Bank of Indore – (Associate Banks- DD’s)	30 paisa per Rs 100/- Min Rs 50/-
6.	At Par Cheques Cancellation Charges	Rs.33/-
7.	Cancellation Charges of State Bank DD’s	Rs.150/-
8.	Stop Payment Charges of At par Cheques	Rs.150/-
9.	Stop Payment Charges of State Bank DD’s	Rs.150/-

OBC AND NATIONAL CLEARING CHARGES

Upto 5000/-	30/- chgs + 25/- Postal chgs =Rs.55/-
5001/- to 10000/-	45/- chgs + 25/- Postal chgs =Rs.70/-
10001/- to 100000/-	0.20ps per Rs.1000/- OR Rs.70/- (whichever is higher)
Above 100000/-	0.20ps per Rs.1000/-
National clearence charges	Rs.25/-

LOCKER RENT

1	10*12 = 192 Sq.cm.	Rs. 350/-
2	34*12 = 408 Sq.cm.	Rs. 750/-
3	34*27 = 918 Sq.cm.	Rs.1700/-

DD DISCOUNTING CHARGES :

0.60 paise per Rs.1000/- or Rs.25/- whichever is higher per day.