SECTION – I

DEPOSITS AND ALLIED SERVICES

                                                                                                                                                      Amount in Kshs.

S No.

AREA OF BANK SERVICE

SERVICE CHARGES

1.

LEDGER FOLIO CHARGES.

Exisitng

 

CURRENT & OVERDRAFT ACCOUNTS

i)              Ledger fee per entry

ii)            Minimum charges per month

25/-

500/-

 

SAVINGS BANK ACCOUNT

No Charge

 

BARODA PERSONAL ACCOUNT

No Charge

 

Note:

30 entries or part thereof to be treated as one ledger page for accounts maintained on Computers.

2.

A) CHARGES FOR ISSUE OF DUPLICATE OR INTERIM STATEMENT / PASS BOOK

 

 

Original Statement / Pass Book

Duplicate OR Interim Statement / Pass Book(per folio)

i)             For Individual

ii)            Non - Individual

Free

100/-

200/-

 

Note:

i) 30 entries or part thereof to be treated as one ledger page for accounts maintained on Computers.

ii) Charges to be levied for Statement issued on hard copy or by e-mail.

iii) Branch Head can allow reduction / waiver for high value customers.

 

B) CHARGES FOR ISSUE OF DUPLICATE TDR / ACKNOWLEDGEMENT IN CASE OF LOSS OF TDR

500/-

3.

CHEQUE BOOK CHARGES ( Per Leaf )

 

 

CURRENT & OVERDRAFT ACCOUNTS

BARODA PERSONAL ACCOUNT

8.50

8.50

 

Note: Stamp duty / Govt. revenue to be recovered additionally.

                                                                                                                                           Amount in Kshs.

S No.

AREA OF BANK SERVICE

SERVICE CHARGES

4.

CHARGES FOR NOT MAINTAINING MINIMUM BALANCE.

(PREVALENT MINIMUM BALANCE TO BE MAINTAINED AS PER SCHEME)

Exisitng

 

CURRENT & OVERDRAFT ACCOUNTS

BARODA PERSONAL ACCOUNT

SAVINGS BANK ACCOUNT

500/-

200/-

No Charge

5.

CHARGES FOR STANDING INSTRUCTIONS

 

 

 i) At the time of acceptance

ii) Execution per instance

iii) Amendment / Stoppage

iv) Inability to carry SI on account of insufficient balance.

500/-

100/-

500/-

1000/-

6.

CHARGES FOR STOP PAYMENT INSTRUCT-ION (PER INSTRUMENT)

500/-

 

IN CASE OF LOSS OF COMPLETE CHEQUE BOOK (MAXIMUM CEILING AS BELOW)

CURRENT & OVERDRAFT ACCOUNTS

BARODA PERSONAL ACCOUNT

2500/-

2500/-

7.

CHARGES ON CHEQUE RETURNED UNPAID

 

 

i)    Cheque deposited and Returned Unpaid (Inward Return)

ii)      Cheque (drawn on us returned ) Outward Return

a)    Financial Reasons

b)    Technical Reason

iii)  For transfer cheques, charges to be recovered from the drawer of cheque.

 

500/-

2000/-

200/-

8.

CHARGES INTERNAL TRANSFER – (per entry - without Cheque Book).

200/-

9.

SALARY PROCESSING

100/-

                                                                                                                                       Amount in Kshs.

S No.

AREA OF BANK SERVICE

SERVICE CHARGES

 

 

Exisitng

10.

PREMATURE CLOSURE OF ACCOUNT (WITHIN 1 YEAR OF OPENING)

 

 

CURRENT & OVERDRAFT ACCOUNTS

BARODA PERSONAL ACCOUNT

SAVINGS BANK ACCOUNT

1000/-

500/-

No Charge

 

NOTE : No charge for premature closure of account on account of death of account holder.

11.

CHANGE OF SIGNATORY INCLUDING RECONSTITUTION OF ACCOUNT (ADDITION DELETION IN JOINT NAME INCLUDING LOCKER)

i)              For Individual

ii)            Non - Individual

200/- 

500/-

 

NOTE : No charge for premature closure of account on account of death of account holder.

12.

CHARGES ON ISSUANCE OF BALANCE CERTIFIACTE (AT REQUEST OF CUSTOMER)

i)              For Individual

ii)            Non - Individual

200/-

500/-

13.

CERTIFICATION OF DOCUMENT (PER DOCUMENT)

500/-

14.

AUDIT CONFIRMATION / REPORT

2000/-

15.

INVESTIGATION / QUERY – PER ITEM / RECORD (CHEQUE, DEPOSIT & WITHDRAWAL)

i)              Upto -1- year.

ii)            Over -1- year.

250/-

 

500/-

16.

PROVIDING BANKERS / CREDIT OPINION  REFERANCE LETTER

i)              For Individual

ii)            Non - Individual

500/-

1000/-

SECTION – II

ADVANCES AND GUARANTEES

                                                                                                                                            Amount in Kshs.

S No.

AREA OF BANK SERVICE

SERVICE CHARGES

 

 

Exisitng

1.

PROCESSING CHARGES (FUND BASED & NON – FUND BASED FACILITIES).

i)             To be recovered in case of take over accounts and non-customers approaching for facilities.

ii)            Amount to be recovered upfront.

iii)          Amount will be refunded on availment.

iv)           Bank can allow reduction / exemption from deposit of upfront processing charges.

0.50 %

of limits requested.

2.

FORE CLOSURE CHARGES

(ON ACCOUNT OF TAKE OVER / SHIFTING TO OTHER BANK / FI BEFORE FULL TENOR OF LOAN/FACILITY )

0.50 % of outstanding balance

3.

GUARANTEES.

 

 

Commission on issue of B.G.

i)             Charges to be recovered including claim period, if any, at time of issue.

ii)            50% of above commission if 100 % cash margin is provided.

iii)          50% of above, if backed by counter – guarantee of other reputed bank.

iv)           50 % of above for Bid Bond.

0.50% per quarter or part there of min.2500/=

4.

LETTER OF CREDIT (LC)

 

a.

Opening & Commitment Charges  

Usance Charges

 Upto 3 months

Beyond 3 months.

0.50% per quarter or part thereof .

0.50% 

0.50% per quarter or part thereof

 

Commitment Charge:

For the period of liability (i.e. Date of opening of the LC to last date of its validity).

(All the above charges are subject to a min. of Kshs. 5000/- i.e. Usance + Commitment charge).

 Amount in Kshs.

S No.

AREA OF BANK SERVICE

SERVICE CHARGES

 

 

Exisitng

b.

Amendments

(i)            For extension of period.

(ii)          Other Amendments (per amendment)

0.50% per quarter min. 5000/=

2000/=

c.

Acceptance Commission (on amount of Bill)

0.25%

min.2500/=,

max20000/=

d.

Discrepancy Charges

0.10%

Min. 2,000/=

max20,000/=

e.

Cancellation Commission

2000/-

 

Note : i) Charges are to be recovered when an LC is opened or amended. No refund may be allowed whatsoever, whether a credit is cancelled, partly availed or expired wholly unavailed.

ii) Postage , Courier , Fax, Telex, SWIFT , other out of pocket expenses shall be recovered additionally.

f.

Advising Charges (on LC amount)

 

a)    Bank’s Customer

 

b)    Non - Customer

 

 

 

2000/-

 

5000/-

g.

Confirmation Charges (on LC amount)

0.25% per quarter or part thereof Min. 5000/=

 

Note :  Confirmation charges to be for the period of validity and usance on the amount of LC.

h.

Negotiation / Retirement Charges

(on amount of Bill)

2500/=

Flat.

5.

Devolvement / Crystallisation of Bills

(on amount of Bill)

 

(Interest on outstanding amount to be recovered separately)

0.25% min 2500/=

SECTION – III

COLLECTION

                                                                                                                                          Amount in Kshs.

S No.

AREA OF BANK SERVICE

SERVICE CHARGES

 

 

Exisitng

1.

Collection of Outstation Cheques

 

0.25%

min 100/=

max2500/=

 

Note : i) Postage , Courier , other out of pocket expenses shall be recovered additionally

2.

Collection of Bills (Clean, Documentary - Demand, Usance)

 

a.

IBC / FIBC

i)              Upto Kshs. 100,000/=

ii)            Over Kshs. 100,000/=

500/- flat

0.25%

min 500/=

max15000/=

 

Note : i) Postage , Courier , other out of pocket expenses shall be recovered additionally.

b.

OBC / FOBC

i)              Upto Kshs. 100,000/=

ii)            Over Kshs. 100,000/=

500/- flat

0.25%

min 500/=

max15,000/=

 

Note : i) Postage , Courier , other out of pocket expenses shall be recovered additionally

c.

Availisation of Document

0.25% per quarter or part  thereof.

d.

Custody / Holding Charges on Overdue Bill under FIBC

50/- per day.

3.

BILLS PURCHASE / DISCOUNT

 Handling / Collection charges +

Interest as under

0.25%

min 500/=

max15,000/=

 

A) Cheque / Bills (Without LC) (INLAND / FOREIGN) – Base Rate + 3 % p.a.

B) Bills under Our Bank’s LC (INLAND)                        Base Rate - 0.50% p.a.

C) Bills under Other Bank’s LC (INLAND)                     Base Rate + 1% p.a.

D) Bills under Bank of Baroda LC (Export)                   Base Rate p.a.

C) Bills under Other Bank’s LC (Export)                      Base Rate + 1% p.a.

SECTION – IV

REMITTANCES

                                                                                                                                                                           Amount in Kshs.

S No.

AREA OF BANK SERVICE

SERVICE CHARGES

 

 

Exisitng

1.

ISSUE OF DD / BANKERS CHEQUE (INLAND)

i)              Upto Kshs 100,000/=

ii)            Over Kshs 100,000/=

Note:

i)             No exchange in case disbursement of loan directly to the supplier.

ii)            50% additional over applicable rates in case of issuance of DD / Bankers Cheque against cash deposit.

iii)          100% additional charge in case of non-customers. (DD / Bankers Cheque of max Kshs 50,000/= can be issued to non – customers)

 

 

250/-

 

500/-

2.

CANCELLATION OF DD/ BANKERS CHEQUE (per instrument)

250/-

3.

OUTWARD REMITTANCE

 

a.

RTGS (irrespective of amount)

500/-

b.

EFT (irrespective of amount)

i)             Through Standing Instruction

ii)            Other

 

100/-

200/-

c.

SWIFT (irrespective of amount)

1500/-

4.

RAPID FUNDS TO INDIA

 

a.

Account with Bank of Baroda

i)             Upto Kshs 50,000/=

ii)            Over Kshs 50,000/

 200/-

500/-

b.

Other Bank through RTGS / NEFT

i)             Upto Kshs 50,000/=

ii)            Over Kshs 50,000/

500/-

1000/-

c.

Other Bank through SWIFT

1500/-

5.

INWARD  FOREIGN REMITTANCE THROUGH SWIFT

i)             Customer Account

ii)            Non - Customer

 1500/-

3000/-

6.

INWARD REMITTANCE (INLAND) - NEFT / RTGS

Free

7.

Travellers Cheque

Note: Postage , Courier , other out of pocket expenses shall be recovered additionally

1%

SECTION – V

MISCELLANEOUS

                                                                                                                                                                           Amount in Kshs.

S No.

AREA OF BANK SERVICE

SERVICE CHARGES

 

 

Exisitng

1.

CASH HANDLING (RECEIPT ONLY)

i)Customers of Bank – Kshs 1/- million & above per day.

 0.125%

2.

WITHDRAWAL FORM

i)  Cheque Book not issued.

ii) Cheque Book issued. (max. withdrawal allowed Kshs. 100,000/=)

Free

200/-

3.

CASH WITHDRAWAL (INTER – SOL ONLY)

 

a.

CUSTOMER / AUTHORISED AGENT (AS PER BANK’S RECORD)

i)              Upto Kshs 1/- million per day

ii)            Above Kshs 1/- million per day

Free

0.05%

max.2500/=

b.

THIRD PARTY

Note : -

a)     Kshs 250/= per cheque will be deducted from                 proceeds.

b)     Max. withdrawal restricted to Kshs. 100,000/=

c)     No cutting / overwriting on cheque.

d)     Copy of Identity proof along with original must be produced.

250/=

4.

POSTAGE

Inland

Overseas

Courier (International)

100/-

500/-

4000/-

5.

SWIFT CHARGES (FOR LC & OTHERS EXCEPT REMITTANCE) – PER MESSAGE

1500/-

SECTION – VI

LOCKERS

                                                                                                                                                                         Amount in Kshs.

S No.

AREA OF BANK SERVICE

SERVICE CHARGES

1.

RENT ON LOCKERS

Exisitng

 

CATEGORY OF LOCKER

RENT PER ANNUM

 

A

2500/-

 

B

2800/-

 

C

3100/-

 

D

3400/-

 

E

3700/-

 

F

4000/-

 

G

4500/-

 

H

5000/-

 

NOTE :

i)              Refundable Security Deposit as per policy.

ii)            Security Deposit to be refunded at time of surrender.

iii)           Security deposit to be kept as FDR without receipt carrying applicable rate of interest as per period of deposit.

 

2.

CHARGES FOR RENT IN ARREARS

25% of rent in arrears (Subject to max. of -4- years )

3.

CHARGES ON LOSS OF KEYS / BREAKAGE OF LOCKER.

Note : i) Charges levied by Locker Company to be borne by Locker Holder additionally.

5000/-

                                 Note :-  VAT / Govt. revenue as applicable will be recovered additionally.

 

SECTION – VII

NET BANKING – BARODA CONNECT

                                                                                                                                                                          Amount in Kshs.

S No.

AREA OF BANK SERVICE

SERVICE CHARGES

 

 

Exisitng

1.

REGISTRATION

FREE

2.

INTERNAL TRANSFER

FREE

3.

TRANSFER TO 3RD PARTY WITHIN BANK

FREE

4.

STATEMENT GENERATION THROUGH NET BANKING

FREE

SECTION – VIII

                                                                                        FOREIGN CURRENCY ACCOUNTS                                                                                                                                                                                                                                 Amount in USD

S.No.

AREA OF BANK SERVICE

SERVICE CHARGES

1.

ENTRY / LEDGER FOLIO CHARGES

Free

2.

CHARGES FOR ISSUE OF DUPLICATE / INTERIM STATEMENT / PASS BOOK

 

 

Original Statement / Pass Book

Duplicate Statement / Pass Book

i)           For Individual

ii)          Non – Individual

 

Free

5/-

10/-

3.

CHARGES ON CHEQUE RETURNED UNPAID

 

 

i)              Cheque deposited and Returned Unpaid (Inward Return)

ii)            Cheque (drawn on us returned ) Outward Return

a)    Financial Reasons

b)    Technical Reason

5/-

25/-

10/-

4.

STOP PAYMENT CHARGES (PER INSTRUMENT)

5/-

5.

CHARGES FOR NOT MAINTAINING MINIMUM BALANCE.

NIL

6.

PREMATURE CLOSURE OF ACCOUNT (WITHIN 1 YEAR OF OPENING)

i)           For Individual

ii)          Non – Individual

 

 

15/-

25/-

7.

ISSUE OF DD / MT / BANKERS CHEQUE

i)              Upto 1000/-

ii)            Over 1000/-

10/-

25/-

8.

CHARGES FOR STANDING INSTRUCTIONS

 

 

i) At the time of acceptance

ii) Execution per instance

iii) Amendment / Stoppage

iv) Inability to carry SI on account of insufficient balance.

10/-

Free

10/-

25/-

                                                                                                                                                                            Amount in USD

S.No.

AREA OF BANK SERVICE

SERVICE CHARGES

9.

CASH HANDLING (DEPOSIT ONLY)

i)              Upto 2000/-

ii)            Over 2000/- upto 10000/-

iii)           Over 10000/- upto 15000/-

iv)           Over 15000/- upto 20000/-

v)             Over 20000/-

NIL

0.125%

0.250%

0.50%

1/-%

Note :- 1) Charges stipulated in USD - to be converted to Currency in which account is maintained.

2) Service charges for local currency accounts may be converted to equivalent foreign currency and applied to these accounts where a particular service is not mentioned / quoted above.