ANNEXURE-I

BANK OF INDIA
SERVICE CHARGES & FEES ON BASIC BANKING (EXCLUSIVE OF SERVICE TAX)
W.E.F.15.12.2016

Sl No Item Revised Charges + SERVICE TAX @applicable rate

I Issue of MICR Cheques SB 20 cheque leaves free in a year; AND thereafter charges will be
Rs.3 per cheque leaf
2 Issue of MICR Cheques-CD/CC/OD * Rs.4/ per cheque leaf.
3 Issue of Pass Book/ Balance Certificate Issue of first Pass Book: Free. Statement: Once in a month -
Free. e-Statement: Free
Charges of Rs.150/- for 40 entries or part thereof.
Balance Certificate:Rs.150/-
4 Duplicate Pass Book/ Statement Rs.100/- uniformly for both individuals and Non- Individuals.
5 Stop Payment Instructions per instrument SB A/cs: Rs.100/- per cheque and Max.Rs.400/- per
occasion. CD/CC/OD A/cs.: Rs.200/- per cheque and
Max.Rs.500/- per occasion.
6 Balance Enquiry Free
7 A/c. closure before 12 months Closure of a/c within 1 year Rs.200/- for SB a/cs. and
(A/c. transfer not included) Rs.500/- for CD a/cs. Closure after 1 year NIL
8 Cheques Return Charges Cheques Upto Rs.1 lakh: Rs.250/-. Above Rs.1 lakh and upto
drawn on us Rs 1.00 Cr: Rs.500/-. Above Rs 1.00 Cr: Rs.750/-
9 Cheques / Bills deposited returned Upto Rs.1 lakh: Rs.250/-. Above Rs.1 lakh and upto
unpaid Rs 1.00 Cr: Rs.500/-. Above Rs 1.00 Cr: Rs.750/-
10 Signature verification Rs.150/-per instance/ attestation/instrument.
11 No Dues Certificate Rs.150/- per occasion.
For Agri. Borrowers / Priority sector : NIL
12 Issue of Demand Drafts Upto Rs. 5000/-: Rs. 25/-
Above Rs. 5000/- to Rs. 10000/-: Rs. 50/-
Above Rs. 10,000/- to Rs.1 lac : Rs. 5/- per 1000/-
Minimum Rs. 55/-.
Above Rs. 100000/- : Rs. 4/- per 1000/-.
Minimum 505/-; Maximum 15000/-
13 Issue of DD against Cash 50% extra charges over applicable rates.
14 Revalidation/Cancellation of Drafts Upto Rs.100/- : Rs.18/-
Rs.100/- to Rs.500/- : Rs.36/-
Above Rs.500/- : Rs.89.
15 Issuance of Duplicate DD Rs.150/- per DD.

Sl No Item Revised Charges + SERVICE TAX @applicable rate

16 Issuance of Payslip / Bankers cheque Upto Rs. 5000/-: Rs. 25/-
Above Rs. 5000/- to Rs. 10000/-: Rs. 50/-
Above Rs. 10,000/- to 1 lac : Rs. 5/- per thousand,
Minimum Rs. 55/-.
Above Rs. 100000/- : Rs. 4/- per thousand.
Minimum 505/-; Max. 15000/-

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17 Issue of Payslip / Bankers cheque 50% extra charges over applicable rates as under :
against cash UPTO Rs.10000/-
Non-Individuals :Rs.100/-
Individuals (Non-Rural) : Rs.80/-
Individuals (Rural) : Rs.60/-
ABOVE Rs.10000/- UPTO Rs.50000/- : Rs.400/-
18 Revalidation/Cancellation of Bankers Rs. 100/- per instrument.
Cheque
19 Issuance of Duplicate Bankers Cheque Rs.100/- per instrument.
20 Issue of Telegraphic Transfers Discontinued by the Post & Telegraph Department
21 Collection of Cheques Upto Rs. 5000/- : Rs. 25/-
> Rs. 5000/- to 10000/- : Rs. 50/-
> Rs. 10000 to Rs. 1 lac: Rs. 100/-
> Rs 1 lac to Rs. 5 lac : Rs. 200/-
> Rs. 5 lacs to 10 lacs : Rs. 225-/
> Rs. 10 lacs : Rs. 250/-
22 Collection of Bills Upto 10000/- : Rs.150/- >Rs.10000/- : Rs.10/- per 1000/-
Minimum Rs.150/-; Maximum Rs.15000/-
PLUS out of pocket expenses per bill.
23 Purchase of DD/Outstation Cheque a. Rs.500/- to Rs.5000/-: Rs.30/- per Cheque
b. Above Rs.5000/- upto & incl. Rs.10000/-: Rs.60/-
per cheque.
c. Above Rs.10000/- upto & incl. Rs.1 lacRs.100/-
per Cheque.
d. Above Rs.1 lac Rs.200 per Cheque.
In addition, interest as applicable for clean overdraft will be
charged for the days bank is out of funds.
24 Presentation of Usance Bills Rs.100/-
25 Postal Charges a) Ordinary Post: Actual, subject to Minimum Rs. 15/-
b) Regd/Speed Post/courier: Actual, Minimum Rs.50/-
c)Fax- Actual, Minimum Rs.50/-
26 Inoperative account charges SB a/c NIL Current A/c: Linked to Avg. Qtly. Balance
27 Charges for excess Debit entries in SB Free Upto 50 customer induced debit entries per Half
accounts other than ADC Year. Beyond 50 debitentries: Rs.10/- per entry.

Sl No Item Revised Charges + SERVICE TAX @applicable rate

28 Standing Instructions (SI) Rs.50/- for execution of transaction and Rs.150/- in case
of failure to execute such instruction.
29 Issue of Deposit at Call Receipt Nil
(payable at branch of issue)
30 Cash Handling Charges for CA/CC/OD SB: Nil. Cash deposit above Rs.1 lakh: Rs.1 per 1000/- or
a/cs. part thereof Min.100/-; Max.Rs.5000/- per transaction.
31 Safe Custody Charges: Sealed Covers: Rs. 350/- per cover per annum or part
thereof.
Sealed boxes: Rs. 3000/- per box per annum (size 200
cubic inch)
Banks own Deposit Receipt : No charges
32 Safe Custody Charges for Certificate of Rs.222/- per sheet issued in duplicate.

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 holding
33 Collection of interest/Dividend
34 Charges for transfer of shares
35 Charges for deletion of deceased
persons name, change in name, etc.
in respect of corporate accounts
36 Purchase/Sale of shares/Securities
other than under Power of Attorney
executed in favour of the bank
37 Handling charges for Purchase/sale of
shares/securities under Power of
Attorney executed in favour of Bank
38 Redemption of securities
39 Safe Deposit Articles
For additional copies: Rs.107/- per copy.
Same as existing; i.e., as under :
2.75% : Minimum: Rs.53/- per warrant
For warrants upto Rs.53/- charges are discretionary.
Same as existing, i.e. Rs.107/- per transfer deed
Same as existing, i.e., Rs.222/-
Same as existing, i.e., 2.75%. Minimum : Rs.267/- per
transaction
Same as existing, i.e., 2.75%. Minimum. : Rs.267/- per
transaction
Same as existing, i.e., 2.75%. Minimum. : Rs.267/- per
transaction
Smaller Box:
10X10X10 cms Rs.900/- p.a. per box
20X20X20 cms Rs.1800/- p.a. per box
30X30X30 cms -Rs.2700/- p.a. per box.

For bigger boxes @ 80 ps per cu.cm Min.: Rs.5700/- p.a.

Min.: 50% charges to be recovered if kept for a Quarter or
part thereof.
40 Safe Deposit Lockers Annual Separate schedule given as per ANNEXURE - II
Charges

Sl No Item Revised Charges + SERVICE TAX @applicable rate

41 Solvency Certificate Commercial:
Rs.300/- per lakh; Maximum Rs.20000/-.
Non-commercial : Rs.300/- per lakh.

42 Photo Attestation Charges Rs.150/- per attestation.

43 Record copy of Cheque Rs.150/- per instance for all entries.
44 Interest Certificate First Certificate : Free.
Additional Certificates : Rs.100/- per Certificate.
45 Enquiries relating to old records (more Rs.150/- per instance
than 12 months old)
46 Payment of Deposit Receipts to UPTO Rs.10000/-
another Bank Non-Individuals : Rs.45/-
Individuals (Non-Rural) : Rs.36/-
Individuals (Rural) : Rs.27/-
ABOVE Rs.10000/- UPTO Rs.50000/-
Non-Individuals : Rs.133/-
Individuals (Non-Rural) : Rs.125/-
Individuals (Rural) : Rs.111/-

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 ABOVE Rs.50000/- UPTO Rs.1 LAC Rs.3.56 per
Rs.1000/- : Min.Rs.178/- ABOVE Rs.1 LAC:
Rs.3.11 per Rs.1000/- : Min.Rs.311/ Max.Rs.8900/-
47 Enquiries regarding old entries (more Rs.250/- per instance
than 12 months old)

48 REMITTANCES
RTGS-OUTWARD(through BRANCH) $
Below Rs.2 Lacs NIL

Rs.2 Lacs to Rs.5 Lacs Rs. 22/-+applicable time varying tariff subject to a Max.of
Rs. 27/-

Above Rs.5 Lacs Rs.45/- +applicable time varying tariff subject to a Max of
Rs.50/-
(refer Cir.Ltr.no.2011-12/110 dtd.05.10.2011)

ONLINE RTGS- OUTWARD(through NET) Rs.5/- per transaction

#
RTGS - INWARD NIL (refer Cir Ltr No.2012-13/75 dtd.02/07/2012)
NEFT - INWARD NIL (refer Cir Ltr No.2012-13/75 dtd.02/07/2012)

NEFT-OUTWARD(through BRANCH) $
Rs.2.50 per transaction $
Upto Rs.10,000/- $
Rs.5.00 per transaction $
Above Rs.10,000/- UPTO Rs.1 Lac $ (Charges effective from 10.01.2016)
(Charges effective from 10.01.2016)
Rs.15/-
Above Rs.1 Lac to Rs.2 Lac Rs.25/-
Above Rs. 2 Lacs

ONLINE NEFTOUTWARD(through NET)

#
UPTO Rs.10,000/- # Rs.2.50 per transaction #
ABOVE Rs.10,000/- # Rs.5.00 per transaction #

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 INWARD ECS NIL
INWARD : NIL FOR ALL CENTRES NIL

Non-individuals :
Credit Clearing (per entry/item) No charge
NCC Clearing House : No Charge No Charge
Destination Bank : No Charge
Sponsor Bank : Rs.5.50 (Min. Rs.2500/-) Rs.5.50 (Min.Rs.3000/-)
Debit Clearing (per entry/item)
NCC Clearing House : No Charge No Charge
Destination Bank : No Charge No Charge
Sponsor Bank : Rs.4.00 (Min. Rs.2500/-) Rs.4.00 (Min.Rs.2670/-)
ECS Returned Rs.89/- per instrument

Sl Item Revised Charges + SERVICE TAX @applicable rate

No
49 Ledger Folio Charges for CD A/cs Rs.100 per folio

Free Folios allotted per year for Avg.

Balance:
Upto Rs.25000/- Nil
Above Rs.25000/- to Rs.50000/-. 3
Above Rs.50000/- to Rs.1 lac. 5
Above Rs.1 lac to Rs.2 lac. 9
Above Rs.2 lacs All

Note:
No Folio charges for:
1. Savings Banks accounts.
2. Accounts maintained by RRBs
(For 40 entries or part thereof to be treated as one ledger
page)
50 Inter-Sol Charges Free for all transactions (Ref. Circular Ltr No.2012-13 /
75 dated 02/07/2012)
51 Miscellaneous
Issuance of Duplicate Term deposit Receipt Rs.150/- per receipt.
Addition/Deletion of name in SB A/cs Rs.100/- per occasion in line with other peer banks.
SMS Alerts Rs.15/- per quarter (if the number of SMSs go beyond 5 in
a Quarter) from the customers registered for SMS Alerts.
SMS Charges not applicable to A/cs of staff & Ex-Staff,
A/cs opened under Prime Minister Jan Dhan Yojana
(PMJDY) Scheme, Pensioners, Senior Citizens, Salary
A/cs (SB-161-165) and SB-101 with Special Charge
Code NOMIN.
SDV Locker Rent- Overdue Charges All the hirers as under:
i. Where Annual Locker rental is upto Rs.1000/-:
Rs.40/- per month or part thereof;

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 ii. Where Annual Locker rental is Rs.1000/- & above:
Rs.60/- per month or part thereof

52 PENAL CHARGES for SAVING BANK ACCOUNT

Non-Maintenance of
Average Quarterly Bal. Minimum Average Penal charges for Non-
Type of Savings Bank Accounts Quarterly Balance Maintenance of Minimum
(AQB) in SB A/cs. required (AQB) AQB
Minimum Average
With Cheque
Quarterly Balance Rs.54/- per quarter
Book Facility
(AQB) of Rs.500/-
Normal SB A/C
Minimum Average
Without Cheque
Quarterly Balance Rs. 40/- per quarter
Book Facility
(AQB) of Rs.100/-

With Cheque
Minimum Average Rs. 89/- per quarter
BOI Senior Book Facility
Quarterly Balance
Citizen Savings
(AQB) of
Bank Account Without Cheque Rs. 54/- per quarter
Rs.10,000/-
Book Facility

With Cheque Rs. 89/- per quarter at all

BOI Star Mahila Book Facility Minimum Average centres
Savings Bank Quarterly Balance
Account Without Cheque (AQB) of Rs.5,000/- Rs. 54/- per quarter at all
Book Facility centres

For Students up to For Students up to 21 years:-

21 years:-NIL NIL
Age group 21-35
BOI Star Yuva With Cheque years: - Rs.5,000/-
Age group 21-35 years:
Savings Bank Book Facility in Metro/Urban
Rs. 89/- per quarter
Account Branches and Rs.
2500/- in Semi-
Without Cheque urban/Rural
Book Facility Branches Rs. 54/- per quarter

BOI Capital Gain Minimum Average

Account Quarterly Balance
--- Rs. 267
scheme,1988-SB (AQB) of
Account A Rs.1000/-

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 The slab structure for levy of penal charges on account of non-maintenance of
stipulated balance in the account is as follows:-
1. Slab I: If the AQB in the account falls below 50% of the stipulated AQB, 100%
of the charges shall be recovered.
2. Slab II: If the AQB in the account is maintained 50% and above but less than
75% of the stipulated AQB, 75% of the charges shall be recovered.
3. Slab III : If the AQB in the account is maintained 75% and above but less than
100% of the stipulated AQB, 60% of the charges shall be recovered.
Basic Savings Bank Account ( No Frill Accounts), Savings Bank Account Scheme for
Pensioners (SB-121), BOI Saral Salary Account Scheme (SB-165), BOI Salary Plus
Account Scheme (SB-163), Star Ratnakar Bachat Salary Account (SB-164), Jai Jawan
Salary Plus Scheme (SB-161, SB-162), BOI Star Gurukul Savings Bank Account (SB -
163 with Special Charge Code GURU) and Staff Salary Accounts (SB-111) shall
remain exempted from minimum balance stipulation/ charges.
52 PENAL CHARGES for Type of current Penal Charges
Non-Maintenance of Accounts AQB Requirement
C Average Quarterly Bal.
Metro-Rs. 5000/-, Urban -
O (AQB) in CD A/cs. 1. Metro Branches:-
N Normal Current Account Rs. 2500/-, Semi-Urban
T Rural/ Rs. 1000/- Rs. 600/-+Applicable
I Rs. 20,000/- to less than service tax per
N SILVER Current Account quarter, if the AQB is
Rs.50,000/-
U less than Rs. 5000/-
Rs. 50,000/- to less than
E GOLD Current Account
D Rs.1,00,000/-
2. Urban/Semi-Urban
GOLD PLUS Current Rs. 1,00,000/- to less than
Branches:- Rs. 500/-
Account Rs.2,00,000/-
+Applicable service
DIAMOND Current Rs. 2,00,000/- to less than
tax per Quarter, if the
Account Rs.5,00,000/-
AQB is less than Rs.
DIAMOND PLUS Current Rs. 5,00,000/- to less than 2500/-
Account Rs.10,00,000/-
3. Rural Branches: -
PLATINUM Current Rs.10,00,000/- to less than Rs. 350/- +Applicable
Account Rs.20,00,000/- service tax Quarter
PLATINUM PLUS Current per, if the AQB is less
Rs. 20,00,000/- and above than Rs. 1000/-.
Account

Penal Charges for Star Benefit CD Plus Account:

AQB-Rs.5000/-) : Rs. 600/-+Applicable service tax per quarter

Penal Charges for Star Crystal CD A/c for Diamond Traders

AQB-Rs.5000/-) : Rs. 600/-+Applicable service tax per quarter
Penal Charges for Current Plus Deposit Scheme
AQB-Rs.2.00Lac): Rs. 1000/-+Applicable service tax per quarter

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 Penal Charges for Super Current Plus Deposit Scheme
AQB-Rs.35.00Lac):: Rs. 5000/-+Applicable service tax per quarter
53 NEFT/RTGS-OUTWARD TIERISED CD Accounts under Scheme Code CD-201,CD-209 & CD-211:
Transaction Charges AQB below Rs.20,000/- : Standard charges of NEFT-RTGS Outward to apply
(through Branch) SILVER 90% of the Normal charges of NEFT-RTGS Outward to apply
Applicable to TIERISED GOLD 80% of the Normal charges of NEFT-RTGS Outward to apply
CD A/cs GOLD PLUS 70% of the Normal charges of NEFT-RTGS Outward to apply
DIAMOND 50% of the Normal charges of NEFT-RTGS Outward to apply
DIAMOND PLUS 40% of the Normal charges of NEFT-RTGS Outward to apply
PLATINUM & PLATINUM PLUS BOTH A/CS. FREE OF CHARGE
#- Pl. refer overleaf for detailed list of category of SB & CD A/c. Schemes and of Staff including Ex-Staff
for whom charges have been waived for Online NEFT / RTGS Outward Transactions (through INTERNET
(NET) Banking)
# - ONLINE NEFT / RTGS OUTWARD TRANSACTION CHARGES will not be applicable to A/cs. of Staff
and Ex-Staff and also to Savings Bank Schemes viz. BOI Jai Jawan Salary Plus, BOI Salary Plus, BOI
Saral Salary, BOI Star Senior Citizen (SB-166), BOI Star Mahila (SB-167), BOI Gurukul, SB Pensioner
(SB-121), BOI STAR YUVA (SB-116), Ratnakar Salary, Star Diamond and BOI Suraksha SB Plus and
Current A/c. Schemes (Tierised Current A/c. Category NORMAL TO PLATINUM PLUS), Star Benefit CD
Plus, BOI CD Plus, Super CD Plus and Crystal Current A/c.)
#- Detailed list of category of SB & CD A/c. Schemes and of Staff including Ex-Staff for whom charges
have been waived for Online NEFT / RTGS Outward Transactions (through INTERNET (NET) Banking)

CHANGES MARKED WITH # & $ APPEARING UNDER ITEM NO.48 ON PAGE NO.5 ARE AS
PER THE APPROVAL DATED 04.12.2015 ACCORDED BY MD&CEO AND ED ON THE
MEMORANDUM NO.HO:MKT:AS:2015-16:21 DATED 02.12.2015 PUT UP BY MARKETING
DEPARTMENT, HEAD OFFICE.

Savings Bank Scheme Current A/c. Schemes

1.BOI Jai Jawan SALARY PLUS 1.Normal
2.BOI Salary PLUS 2.Silver
3.BOI Saral Salary 3.Gold
4.BOI Senior Citizen (SB 166) 4.Gold Plus
5.BOI Star Mahila (SB 167) 5.Diamond
6.BOI Gurukul 6.Diamond Plus
7.SB Pensioner (SB 121) 7.Platinum
8.BOI Star Yuva (SB 116) 8.Platinum Plus
9.Ratnakar Salary 9.Star Benefit CD Plus
10.Star Diamond 10.BOI CD Plus
11.BOI Star Suraksha SB PLUS 11.Super CD Plus
12.BOI Super Saving PLUS 12.Crystal Current Account

$ - RTGS/NEFT Outward Transactions thro Branch is FREE for BOI Salary PLUS A/c Scheme
for Para Military Forces (SB-163 Spl Charge Code-0201) & Jai Jawan Salary PLUS A/c Scheme
(SB161 & SB162) as mentioned vide Br.Cir.Nos.108/199 dt.29.01.2015 & 109/41 dt.12.05.2015
respectively.

#- Pl. refer overleaf for detailed list of category of SB & CD A/c. Schemes and of Staff including Ex-Staff
for whom charges have been waived for Online NEFT / RTGS Outward Transactions (through INTERNET
(NET) Banking)
# - ONLINE NEFT / RTGS OUTWARD TRANSACTION CHARGES will not be applicable to A/cs. of Staff
and Ex-Staff and also to Savings Bank Schemes viz. BOI Jai Jawan Salary Plus, BOI Salary Plus, BOI
Saral Salary, BOI Star Senior Citizen (SB-166), BOI Star Mahila (SB-167), BOI Gurukul, SB Pensioner
(SB-121), BOI STAR YUVA (SB-116), Ratnakar Salary, Star Diamond and BOI Suraksha SB Plus and

8
Current A/c. Schemes (Tierised Current A/c. Category NORMAL TO PLATINUM PLUS), Star Benefit CD
Plus, BOI CD Plus, Super CD Plus and Crystal Current A/c.)
#- Detailed list of category of SB & CD A/c. Schemes and of Staff including Ex-Staff for whom charges
have been waived for Online NEFT / RTGS Outward Transactions (through INTERNET (NET) Banking)

Savings Bank Scheme Current A/c. Schemes

1.BOI Jai Jawan SALARY PLUS 1.Normal
2.BOI Salary PLUS 2.Silver
3.BOI Saral Salary 3.Gold
4.BOI Senior Citizen (SB 166) 4.Gold Plus
5.BOI Star Mahila (SB 167) 5.Diamond
6.BOI Gurukul 6.Diamond Plus
7.SB Pensioner (SB 121) 7.Platinum
8.BOI Star Yuva (SB 116) 8.Platinum Plus
9.Ratnakar Salary 9.Star Benefit CD Plus
10.Star Diamond 10.BOI CD Plus
11.BOI Star Suraksha SB PLUS 11.Super CD Plus
12.BOI Super Saving PLUS 12.Crystal Current Account

$ - RTGS/NEFT Outward Transactions thro Branch is FREE for BOI Salary PLUS A/c Scheme
for Para Military Forces (SB-163 Spl Charge Code-0201) & Jai Jawan Salary PLUS A/c Scheme
(SB161 & SB162) as mentioned vide Br.Cir.Nos.108/199 dt.29.01.2015 & 109/41 dt.12.05.2015
respectively.

Please importantly note : Temporary Overdrafts (TODs) / Drawing against Unclear Effects :
In respect of accounts with more than 6 months old, this facility may be extended as per the
Branch Circular No.107/163 dated 22.11.2013. But this facility to be used as a tool with a discretion to
attract and retain good business.

NOTE - I :-
1. Concessions/ facilities offered under various deposit schemes to continue until further notice,
also concessions available for Staff and Ex-staff will continue.
2. Authority to offer concession in service charges to be exercised as per Branch Circular No. 98/26
of 21.05.2004 and 98/119 dtd.15.09.2004
3. Cash Deposit at other CBS branches will attract the same charges as given under Cash
Handling Charges
4. New locker rentals would be applicable from the date of renewal. If the locker rent falls in
arrears and is paid after the implementation of revised rates, the new/ revised rates will be applicable.
5. If any bills are sent by our upcountry branches for collection, charges to be shared by the
branches in the ratio of 50:50. Postage will be actual.

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 6. Please refer to Br.cir.no.101/218 dtd.29.03.2008 SB Inoperative accounts.

NOTE - II :-
Various Concessions/ facilities offered under various heads of service charges to continue for
following categories of Accounts/ Schemes:
Concessions/ facilities extended to Tierised current Accounts and Other current Accounts as
per Master circular on Current Account Deposits (109/201 dt. 01.02.2016)
Jai Jawan Salary Plus Scheme (SB-161, SB-162) as modified Branch Cir No. Branch Circular
No.109/41 dated 12.05.2015
BOI Salary Plus Account Scheme, BOI Saral Salary Account Scheme and BOI Star Gurukul
Savings Bank Account (SB - 163 with Special Charge Code GURU) vide Branch Cir No.
108/199 dated 29.01.2015
Savings Bank Account Scheme for Pensioners (SB-121) as modified vide Branch Cir. No.
107/143 dated 23.10.13
BOI Senior Citizen Savings Bank Account (SB- 166) vide Branch Cir. No. 107/106 dated
13.09.2013
BOI Star Mahila Savings Bank Account (SB- 167) vide Branch Cir. No. 107/107 dated
13.09.2013
Star Ratnakar Batchat Salary Account (SB-164) vide Circular Letter No. 2012-13/ 179 dated
17.10.2012
The penal charges on account of non-maintenance of minimum balance i.e. Rs 25,000 in BOI
Saving Plus Scheme and Average Quarterly Balance of Rs. 5 lac in Super Saving Plus Deposits
shall be levied as Rs 177.99/- + service tax @14% in BOI Saving Plus Scheme and Rs. 444.99/-
+service tax@14% in Super Saving Plus Deposits, respectively.

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