Banks Levy Panel Charges For Savings Accounts

Banks Panel Charges for Savings Accounts – List of Banks with detail

Charges on savings bank accounts

Reserve Bank of India’s Master Circular on Customer Service in Banks provides that the policy on penal charges to be levied for non-maintenance of minimum balance in savings bank accounts may be decided with the approval of the Board of the bank concerned. Banks levy panel charges on non-maintenance of minimum balance in savings bank account in terms of the said Master Circular.

Details of charges levied on deposit of cash in savings bank accounts at bank branches of public sector banks is given below in the table.

Bank	Charge on deposit of cash in savings bank account at bank branch
Allahabad Bank	No charges
Andhra Bank	No charges
Bank of Baroda	Home branch: no charges
	Non-home branch: For cash deposit up to Rs. 30,000 per day per account, there is no charge. Thereafter, in excess of Rs. 30,000, service charge is Rs. 2.50 per thousand or part thereof
Bank of India	No charges.
Bank of Maharashtra	No charges.
Canara Bank	No charges
Central Bank of India	No charges
Corporation Bank	No charges
Dena Bank	No charges
IDBI Bank	In metro/urban locations, there is no charge up to 5 transactions per month. In semi- urban locations, there is no charge up to 7 transactions per month. In rural locations, there is no charge up to 10 transactions. Thereafter, there is a charge of Rs. 2.50 per Rs. 1000, subject to a minimum of Rs. 25 and a maximum of  Rs 10,000).
Indian Bank	No charges
Indian Overseas Bank	No charges
Oriental Bank of Commerce	No charges
Punjab & Sind Bank	No charges
Punjab National Bank	No charges at home branch
	Cash deposit at all branches within same clearing centre and city (other than at home branch) : There are no charges up to Rs. 25,000 per day. Above Rs. 25,000, there is a charge of Rs.1 per Rs. 1,000 or part thereof, with a minimum of Rs. 25 per transaction.
	Cash deposit at outstation non-home branches (other than same clearing centre/city): There are no charges up to Rs. 25,000 per day.  Above Rs. 25,000, there is a charge of Rs. 2 per Rs. 1,000 or part thereof, with a minimum of Rs. 25 per transaction.
State Bank of India	Up to 3 transactions per month in branch, there is no charge, and there is a charge Rs. 50 per deposit thereafter. There is no charge for deposit at Cash Deposit Machines.
Syndicate Bank	No charges
UCO Bank	No charges
Union Bank of India	No charges at home branch. Above Rs. 50,000 per day at non-home branch Rs. 1 per thousand, subject to a minimum Rs. 10 and a maximum of Rs. 11,500
United Bank of India	No charges
Vijaya Bank	No charges

Woman Employees Maternity Leave

Grant Of Maternity Leave – Clarification

IMPORTANT CIRCULAR

CGDA, 

Ulan Batar Road,

Palam, 

Delhi Cantt – 110 010

AN/XIV/19404/Leave Matters/Vol-III

Dated: 19-04-2017

To

All PCsDA/CsDA/PCA (Fys)

Subject: Grant of maternity leave – Clarification

A reference was made to DoP&T regarding quantum of maternity leave admissible to a female government servant consequent upon death of the child(s) after birth.

2. In reply, DoP&T has clarified that – ” in case of death of child shortly after birth, the woman employees may be granted Maternity Leave of two months for recovery after delivery of the child”.

3. Similar cases/requests may be regulated accordingly.

(Kavita Garg)
Sr.Dy.CGDA (AN)

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Expected DA From May 2017 For Bank Staffs

Expected DA for Bank Staff from May 2017

Expected DA from May 2017 for Bank Employees

Expected Calculation of Dearness Allowance as per 10th Bipartite Settlement.

Expected DA from May 2017 to July 2017 : We need three months All India Consumer Price Index data to find out  the actual increasing in DA percentage. But, at present we have two months data only. The predicted calculation given below that the CPI(IW)BY 2001=100 increasing one or two points and decreasing one or two points…

Payable for the Year	Payable for the months	Average CPI	No. of slabs	% of pay
2017	May June July	?	?	?
2017	Feb Mar Apr	6315	469	46.9
2016-17	Nov Dec Jan	6353	478	47.8

AICPIN at 272 for the month of March 2017

17-Jan	274	6254.3
17-Feb	274	6254.3
17-Mar	272	6208.64	6239.1	450	45	-19

AICPIN at 273 for the month of March 2017

17-Jan	274	6254.3
17-Feb	274	6254.3
17-Mar	273	6231.5	6246.7	452	45.2	-17.1

AICPIN at 274 for the month of March 2017

17-Jan	274	6254.3
17-Feb	274	6254.3
17-Mar	274	6254.3	6254.3	454	45.4	-15.2

AICPIN at 275 for the month of March 2017

17-Jan	274	6254.3
17-Feb	274	6254.3
17-Mar	275	6277.1	6261.9	455	45.5	-13.3

AICPIN at 276 for the month of March 2017

17-Jan	274	6254.3
17-Feb	274	6254.3
17-Mar	276	6300	6269.5	457	45.7	-11.4