 |
|
|
| Banking |
|
| |
Citigold Business |
 |
|
| Saving/Current Bank Accounts with Cheque facility |
| Minimum Balance |
Citigold Business benefits - Minimum average monthly relationship value of
Rs. 15 lakhs |
| Charges for non-maintenance thereof |
Rs.
600 per month if monthly average relationship value is less than Rs. 1
Lakh (or for Citigold Business, the monthly average relationship value
is less than Rs. 50,000 for Bhopal, Indore, Lucknow, Chandigarh,
Ludhiana, Jalandhar, Jaipur, Cochin, Coimbatore, Pondicherry, Nasik and
Aurangabad or is less than Rs. 25,000 for Vapi and Bhubaneshwar) |
| Annual Fee |
0 |
| ECS bounce |
Rs.
250. These charges are levied only if the ECS instruction is not
honoured due to inadequate funds in the Account. Service Tax as
applicable would be levied on all the charges mentioned. |
| Other Current Bank Accounts facilities |
| Issue of Duplicate Statement |
Free |
| Mode of calculation of minimum balance |
Monthly
average net relationship value. Sum of End of Day relationship value
divided by the number of days in month. Relationship Value includes
Current Account, Savings Account, Fixed Deposit, Mutual Funds,
Insurance premium, drawdown on Loan against shares, 25% of value of
free DMAT shares, mortgage outstanding. |
| Remittance Facilities through own bank |
| DD-Issue |
Free |
| DD-Cancellation |
Free |
| DD-Duplicate |
Free |
| TT-Issue |
Free |
| TT-Cancellation |
Free |
| EFT Charges-Inward |
Free |
| EFT Charges-Outward |
Free |
| RTGS-Outward |
Free |
| RTGS-Inward |
Free |
| Collection of Cheques |
Free |
| Remittance Facilities through other banks |
| DD-Issue |
Free |
| DD-Cancellation |
Free |
| EFT Charges-Inward |
Free |
| EFT Charges-Outward |
Free |
| Foreign Exchange Transactions |
| FCY Draft (per instrument) |
Rs. 200 |
| FCY TT |
Rs. 250 |
| Foreign Currency Sale/Purchase |
Rs. 50/transaction |
| Cheque Collection/Return |
| Local |
Free |
| Outstation through own bank |
Free |
| Outstation Cheque Collection |
Up to Rs. 1,00,000 - Rs. 50
Rs.1,00,001 and above - Rs. 100
RTGS - Free |
| Outstation and Intercity Cheque return |
Rs. 250 |
| Inward Cheque return |
Rs. 275 |
| Outward Cheque return |
Rs. 100 for more than 3 returns per month |
| Foreign Currency Cheque Collection |
0.1% of cheque value |
| Cash Delivery |
Free (Limit up to Rs. 5 lakh/day) |
| FCY Cheque return & draft cancellation (per instrument) |
Free |
| Average Monthly Relationship Value (Rs. 15 lakhs or more) |
| Demand Draft/TT Commission |
Citibank Online: Free
CitiPhone: Free
Branch: Free |
Demand Drafts payable at
Non-Citibank Branch Locations |
Citibank Online: Free
CitiPhone: Free
Branch: Free |
| Stop Payment |
Citibank Online: Free
CitiPhone: Free
Branch: Free
|
| Chequebook |
Citibank Online: Free
CitiPhone: Free
Branch: Free |
| Duplicate Account Statement |
Citibank Online: Free
CitiPhone: Free
Branch: Free |
| Foreign Currency TT |
Rs. 250 |
| Foreign Currency Draft |
Rs. 200 |
| Cheque Return Inward |
Rs. 275 |
| Cheque Return Outward |
Rs. 100 for more than 3 returns per month |
| Outstation & Intercity Cheque Return |
Rs. 250 |
| Outstation Cheque Collection |
Cheque Value up to Rs. 1,00,000 - Rs. 50 flat
Cheque Value of Rs. 1,00,001 and above - Rs. 100 flat |
| RTGS |
Free |
| Cash Delivery |
Free (Limit up to Rs. 5 lakh/day) |
| Foreign Currency Cheque Collection |
0.1% of cheque value |
| Foreign Currency Cheque Return & Draft Collection |
Free |
| Other Charges |
| ATM withdrawal |
Citibank ATM: Free
Non-Citibank ATM: Free
International ATM usage: Free
|
| DD Cancellation Charge (for DD issued on Non-Citi Location) Extra charge applicable for specific locations |
Free |
| Monthly Fee on CitiAlert |
Free |
| Monthly charge for non-maintenance of Rs. 1 lakh in Account relationship# |
Rs. 600 |
| Electronic funds transfer |
Free |
| ECS Return Charges* |
Rs. 250 |
| FIRC Issuance Charges |
Free |
| Foreign currency conversion charge for FCY sale / purchase |
Rs. 50 + 12.36% service tax |
| Working Example of Average Monthly Relationship Value |
| Holdings |
Rs. |
Description |
| a) Current / Saving Account |
25,000 |
Average for the Month, Calculated based on Total of daily end of day balance / Total No. of Days |
| b) Fixed Deposit |
25,000 |
Daily end of day balances of Principal Amount / Total No. of Days |
| c) Mutual Funds |
40,000 |
Daily end of day balances / Total No. of Days |
| d) Loans against securities |
25,000 |
Daily end of day balances / Total No. of Days |
| e) Demat Holdings |
1,00,000 |
25% of the demat average balance. Demat avg. balance = Sum (non-pledged shares x Market rate) |
| f) Insurance Premium |
10,000 |
Sum of total premium paid |
| g) Mortgage / Home Loan |
5,00,000 |
Outstanding Principal amount |
| Monthly Net Relationship Value |
6,50,000 |
a+b+c+d+25% x e+f+g |
|
Relationship across all the accounts under a household will be considered. Household is defined as accounts linked together to form a single entity for the purpose of a Banking Relationship.
The minimum average monthly relationship requirement or charges/fees may be revised by the Bank, from time to time by giving prior notice to the Customer. |
| # Minimum Average monthly relationship value for CitiBusiness households in Bhopal, Indore, Lucknow, Chandigarh, Ludhiana, Jalandhar, Jaipur, Cochin, Coimbatore, Pondicherry, Nashik & Aurangabad is Rs. 50,000, and for Vapi and Bhubaneswar is Rs. 25,000. |
| * These charges are levied only if the ECS instruction is not honoured due to inadequate funds in the account. |
| Service Tax as applicable would be levied on all charges mentioned above. |
Glossary
1) DD - Demand Draft
2) TT - Telex Transfer
3) FIRC - Foreign Inward Remittance Certificate
For normal Citibank ATM/Debit Card you earn 1 Reward Point on every Rs. 150/- spent (Effective from January 1, 2005).
|
|
IMPORTANT NOTICE: As per the Finance Act 2008 enacted by Govt. of India, a Foreign Currency Conversion services offered by Banks are brought under the ambit of Service tax, with effect from May
16, 2008. Service tax will be applicable on the explicit charges levied by Banks for such service or at 0.25% of conversion amount in absence of specific charge. With effect from May 16, 2008,
Citibank proposes to levy a charge Rs. 50/- for each FCY purchase/sale transaction and a Service tax on this charge which will be payable to the Govt. of India. |
| Cards |
| ATM |
| Membership Fee |
Free |
| Annual Fee |
Free |
| Renewal Charges |
Free |
| Replacement Charges |
Free |
| Transaction Charge for Non-Partner banks |
Free |
| Debit Card |
| Membership Fee |
Included in Annual fee |
| Annual Fee |
Free |
| Renewal Charges |
Free |
| Replacement Charges |
Free |
| Cash Withdrawal |
Free |
| Miscellaneous |
| Balance Enquiry |
Free |
| Stop Payment Charges |
Free |
| FIRC |
Free |
| Re-order Cheque book |
Free |
| International ATM Usage |
Free |
| Monthly CitiAlert |
Free |
|
 |
|
| |
No Frills |
|
|
| Savings Bank Accounts with Cheque facility |
| Minimum Balance |
0 |
| Charges for non-maintenance thereof |
0 |
| Annual Fee |
0 |
| ECS bounce |
Rs.
250. These charges are levied only if the ECS instruction is not
honoured due to inadequate funds in the Account. Service Tax as
applicable would be levied on all the charges mentioned. |
| Other Savings Bank Account facilities |
| Issue of Duplicate Statement |
Free |
| Remittance Facilities through own bank |
| DD-Issue |
Free |
| DD-Cancellation |
Free |
| TT-Issue |
Free |
| TT-Cancellation |
Free |
| EFT Charges-Inward |
Free |
| EFT Charges-Outward |
Free |
| RTGS-Outward |
Free |
| RTGS-Inward |
Free |
| FCY Draft (per instrument) |
Rs. 100 |
| Remittance Facilities through other banks |
| DD-Issue |
CBOL: Rs. 20 for any DD below Rs. 5000, Rs.50 for any DD above Rs. 5000 Citiphone: Rs. 20 for any DD below Rs. 5000, Rs.50 for any DD above Rs. 5000 Branch: Rs. 20 for any DD below Rs. 5000, Rs.50 for any DD above Rs. 5000 |
| DD-Cancellation |
Rs. 50 |
| EFT Charges-Inward |
Free |
| EFT Charges-Outward |
Free |
| Foreign Exchange Transactions |
| FCY TT |
Rs. 1000 |
| Foreign Currency Sale/Purchase |
Rs. 50/transaction |
| Cheque Collection/Return |
| Local |
Free |
| Outstation through own bank |
Free |
| Outstation and Intercity Cheque return |
Rs. 50 |
| Inward Cheque return |
Rs. 50 |
| Outward Cheque return |
Rs. 50 |
| Outstation Cheque collection |
Rs. 100 |
| Foreign Currency Cheque Collection |
Rs. 200 |
| FCY Cheque return & draft cancellation (per instrument) |
Rs. 500 |
| Cards |
| ATM |
| Membership fee |
Free |
| Annual Fee |
Free |
| Re-issuance Charges |
Rs. 100 |
| Transaction Charge for Non-Partner banks |
Citibank ATM: Free; Non-Citibank ATMs: Rs. 17.80 plus service tax and education cess per cash withdrawal transaction. |
| Debit Card |
| Membership Fee |
None |
| Annual Fee |
Free Vanilla Debit Card. Other Cards are not applicable to No Frills Account |
| Cash Withdrawal |
Citibank ATM: Free; Non-Citibank ATMs: Rs. 17.80 plus service tax and education cess per cash withdrawal transaction. |
| Miscellaneous |
| Balance Enquiry |
Free on CBOL, CitiPhone, Citibank ATMs and Partner and non-Partner ATMs |
| Account Reactivation Charges |
Rs. 250 |
| Signature Attestation |
Rs. 50 |
| Stop Payment Charges |
Free |
| Re-order Cheque book |
Re.1/leaf for minimum of 25 leaf cheque book |
| International ATM Usage |
US$2.5/transaction |
|
|
|
| |
CitiBusiness |
|
|
| Current Bank Accounts with Cheque facility |
| Minimum Balance |
Rs.
1 lakh average monthly relationship value (Minimum Average monthly
relationship value for CitiBusiness households in Bhopal, Indore,
Lucknow, Chandigarh, Ludhiana, Jalandhar, Jaipur, Cochin, Coimbatore,
Pondicherry, Nasik and Aurangabad is Rs. 50,000; and for Vapi and
Bhubaneshwar is Rs. 25,000.) |
| Charges for non-maintenance thereof |
Rs. 600 |
| Annual Fee |
0 |
| ECS bounce |
Rs.
250. These charges are levied only if the ECS instruction is not
honoured due to inadequate funds in the Account. Service Tax as
applicable would be levied on all the charges mentioned |
| Remittance Facilities through own bank |
| DD-Issue |
If minimum relationship value is maintained:
CBOL: Free up to Rs. 50 lakh/month, Rs. 1 per Rs. 1000 thereafter, subject to
max. of Rs. 750
CitiPhone: Free up to Rs. 50 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to max. of Rs. 750
Branch: Free up to Rs. 10 lakh per month, Rs. 2 per Rs. 1000 thereafter, subject to max. of Rs. 750
If minimum relationship value is not maintained:
CBOL: Free up to Rs. 5 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to
max. of Rs. 1500
CitiPhone: Rs. 2 per Rs. 1000 thereafter, subject to max. of Rs. 1500
Branch: Rs. 2.5 per Rs. 1000 thereafter, subject to max. of Rs. 1500 |
| DD-Cancellation |
Free |
| TT-Issue |
If minimum relationship value is maintained:
CBOL: Free up to Rs. 50 lakh/month, Rs. 1 per Rs. 1000 thereafter, subject to
max. of Rs. 750
CitiPhone: Free up to Rs. 50 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to max. of Rs. 750
Branch: Free up to Rs. 10 lakh per month, Rs. 2 per Rs. 1000 thereafter, subject to max. of Rs. 750
If minimum relationship value is not maintained:
CBOL: Free up to Rs. 5 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to
max. of Rs. 1500
CitiPhone: Rs. 2 per Rs. 1000 thereafter, subject to max. of Rs. 1500
Branch: Rs. 2.5 per Rs. 1000 thereafter, subject to max. of Rs. 1500 |
| EFT Charges-Inward |
Free |
| EFT Charges-Outward |
Free |
| RTGS-Outward |
Free |
| RTGS-Inward |
Free |
| Collection of Cheques |
Free |
| FCY Draft (per instrument) |
Rs. 300 |
| Remittance Facilities through other bank |
| DD-Issue |
If minimum relationship value is maintained:
CBOL: Free up to Rs. 25 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to max. of Rs. 750
CitiPhone: Free up to Rs. 25 lakh/month, Rs. 2 per Rs. 1000 thereafter, subject to max. of Rs. 750
Branch: Free up to Rs. 10 lakh per month, Rs. 2.5 per Rs. 1000 thereafter, subject to max. of Rs. 750
If minimum relationship value is not maintained:
CBOL: Rs. 2 per Rs. 1000, thereafter, subject to max. of Rs. 1500
CitiPhone: Rs. 2.5 per Rs. 1000, thereafter, subject to max. of Rs. 1500
Branch: Rs. 3 per Rs. 1000, thereafter, subject to max. of Rs. 1500 |
| DD-Cancellation |
Rs. 100 |
| EFT Charges-Inward |
Free |
| EFT Charges-Outward |
Free |
| Collection of Cheques |
0.3% of cheque value, minimum Rs. 100 |
| Foreign Exchange Transactions |
| Remittance Inward |
Free |
| FCY TT |
Rs. 1000 |
| FIRC |
Free |
| Foreign Currency Sale/Purchase |
Rs. 50/transaction |
| Cheque Collection |
| Local |
Free |
| Outstation through own bank |
Free |
| Outstation Cheque collection |
If minimum balance is Rs. 1 lakh and above
For cheque value - up to Rs. 10,000 - Rs. 50
Rs. 10,001 to Rs. 1,00,000 - Rs. 100
Rs. 1, 00,001 and above - Rs. 150
RTGS - Free
If minimum balance is less than Rs. 1 lakh
For cheque value - up to Rs. 10,000 - Rs. 50
Rs. 10,001 to Rs. 1,00,000 - Rs. 100
Rs.1, 00,001 and above - Rs. 150
RTGS - Rs. 25 per instrument |
| Outstation & Intercity Cheque collection |
Rs. 250 |
| Inward Cheque return |
Rs. 275 |
| Outward Cheque return |
Rs. 100 |
| Cash Delivery |
If minimum relationship value is maintained - Rs. 100 (Limit up to Rs. 2.5 lakh/day).
If minimum relationship value is not maintained: N.A.
If minimum relationship value is maintained - Rs. 100 (Limit up to Rs. 2.5 lakh/day).
If minimum relationship value is not maintained: N.A. |
| Foreign Currency Cheque Collection |
If minimum relationship value is maintained - 0.25% of cheque value.
If minimum relationship value is not maintained: 0.5% of cheque value. |
| FCY Cheque return & draft cancellation (per instrument) |
Rs. 500 |
| Average Monthly Relationship Value (Rs. 1 lakh or more) |
| Demand Draft/TT Commission |
Citibank Online: Free up to Rs. 50 lakh/mth Re. 1 per Rs. 1000 subject to
max. of Rs. 750
CitiPhone: Free up to Rs. 50 lakh/mth Re. 1.50 per Rs. 1000 subject to
max. of Rs. 750
Branch: Free up to Rs. 10 lakh/mth Re. 2 per Rs. 1000 subject to max. of Rs. 750 |
Demand Drafts payable at
Non-Citibank Branch Locations |
Citibank Online: Free up to Rs. 25 lakh/mth Re. 1.50 per Rs. 1000 subject to
max. of Rs. 750
CitiPhone: Free up to Rs. 25 lakh/mth Re. 2 per Rs. 1000 subject to max. of Rs. 750
Branch: Free up to Rs. 10 lakh/mth Re. 2.50 per Rs. 1000 subject to max. of Rs. 750 |
| Stop Payment |
Citibank Online: Free, CitiPhone: Rs. 30, Branch: Rs. 60 |
| Chequebook |
Citibank Online: Free, CitiPhone: Rs. 30, Branch: Rs. 60 |
| Duplicate Account Statement |
Citibank Online: Free, CitiPhone: Rs. 30, Branch: Rs. 60 |
| Foreign Currency TT |
Rs. 1000 |
| Foreign Currency Draft |
Rs. 300 |
| Cheque Return Inward |
Rs. 275 |
| Cheque Return Outward |
Rs. 100 |
| Outstation & Intercity Cheque Return |
Rs. 250 |
| Outstation Cheque Collection |
Cheque Value up to Rs. 10,000 - Rs. 50 flat
Cheque Value Rs. 10,001 to Rs. 1,00,000 - Rs. 100 flat
Cheque Value of Rs. 1,00,001 and above - Rs. 150 flat |
| RTGS |
Free |
| Cash Delivery |
Rs. 100 (Limit up to Rs. 2.5 lakh/day) |
| Foreign Currency Cheque Collection |
0.25% of cheque value |
| Foreign Currency Cheque Return & Draft Collection |
Rs. 500 |
| Average Monthly Relationship Value (Less than Rs. 1 lakh) |
| Demand Draft/TT Commission |
Citibank Online: Free up to
Rs. 5 lakh/mth Rs. 1.50 per Rs. 1000 subject to
max. of Rs. 1500
CitiPhone: Rs. 2 per Rs. 1000 subject to max. of Rs. 1500
Branch: Rs. 2.50 per Rs. 1000 subject to max. of Rs. 1500 |
Demand Drafts payable at
Non-Citibank Branch Locations |
Citibank Online: Rs. 2
per Rs. 1000 subject to max. of Rs. 1500
CitiPhone: Rs. 2.50 per Rs. 1000
subject to max. of Rs. 1500
Branch: Rs. 3 per Rs. 1000 subject to max. of Rs. 1500 |
| Stop Payment |
Citibank Online: Rs. 50, CitiPhone: Rs. 60, Branch: Rs. 120 |
| Chequebook |
Citibank Online: Rs. 30 + Re. 1 per leaf, CitiPhone: Rs. 30 + Re. 1 per leaf,
Branch: Rs. 30 + Re. 1 per leaf |
| Duplicate Account Statement |
Citibank Online: Free, CitiPhone: Rs. 60, Branch: Rs. 120 |
| Foreign Currency TT |
Rs. 1000 |
| Foreign Currency Draft |
Rs. 300 |
| Cheque Return Inward |
Rs. 275 |
| Cheque Return Outward |
Rs. 100 |
| Outstation & Intercity Cheque Return |
Rs. 250 |
| Outstation Cheque Collection |
Cheque Value up to Rs. 10,000 - Rs. 50 flat
Cheque Value Rs. 10,001 to Rs. 1,00,000 - Rs. 100 flat
Cheque Value of Rs.1,00,001 and above - Rs. 150 flat |
| RTGS |
Rs. 25 per instruction |
| Cash Delivery |
N.A. |
| Foreign Currency Cheque Collection |
0.50% of cheque value |
| Foreign Currency Cheque Return & Draft Collection |
Rs. 500 |
| Other Charges |
| ATM withdrawal |
Citibank ATM: Free
Non-Citibank ATM: Free
International ATM usage: US$2.50/transaction
|
| DD Cancellation Charge (for DD issued on Non-Citi Location) Extra charge applicable for specific locations |
Rs. 100 |
| Monthly Fee on CitiAlert |
Free |
| Monthly charge for non-maintenance of Rs. 1 lakh in Account relationship# |
Rs. 600 |
| Electronic funds transfer |
Free |
| ECS Return Charges* |
Rs. 250 |
| FIRC Issuance Charges |
Free |
| Foreign currency conversion charge for FCY sale / purchase |
Rs. 50 + 12.36% service tax |
| Working Example of Average Monthly Relationship Value |
| Holdings |
Rs. |
Description |
| a) Current / Saving Account |
25,000 |
Average for the Month, Calculated based on Total of daily end of day balance / Total No. of Days |
| b) Fixed Deposit |
25,000 |
Daily end of day balances of Principal Amount / Total No. of Days |
| c) Mutual Funds |
40,000 |
Daily end of day balances / Total No. of Days |
| d) Loans against securities |
25,000 |
Daily end of day balances / Total No. of Days |
| e) Demat Holdings |
1,00,000 |
25% of the demat average balance. Demat avg. balance = Sum (non-pledged shares x Market rate) |
| f) Insurance Premium |
10,000 |
Sum of total premium paid |
| g) Mortgage / Home Loan |
5,00,000 |
Outstanding Principal amount |
| Monthly Net Relationship Value |
6,50,000 |
a+b+c+d+25% x e+f+g |
|
Relationship across all the accounts under a household will be considered. Household is defined as accounts linked together to form a single entity for the purpose of a Banking Relationship.
The minimum average monthly relationship requirement or charges/fees may be revised by the Bank, from time to time by giving prior notice to the Customer. |
| # Minimum Average monthly relationship value for CitiBusiness households in Bhopal, Indore, Lucknow, Chandigarh, Ludhiana, Jalandhar, Jaipur, Cochin, Coimbatore, Pondicherry, Nashik & Aurangabad is Rs. 50,000, and for Vapi and Bhubaneswar is Rs. 25,000. |
| * These charges are levied only if the ECS instruction is not honoured due to inadequate funds in the account. |
| Service Tax as applicable would be levied on all charges mentioned above. |
Glossary
1) DD - Demand Draft
2) TT - Telex Transfer
3) FIRC - Foreign Inward Remittance Certificate
For normal Citibank ATM/Debit Card you earn 1 Reward Point on every Rs. 150/- spent (Effective from January 1, 2005).
|
|
IMPORTANT NOTICE: As per the Finance Act 2008 enacted by Govt. of India, a Foreign Currency Conversion services offered by Banks are brought under the ambit of Service tax, with effect from May
16, 2008. Service tax will be applicable on the explicit charges levied by Banks for such service or at 0.25% of conversion amount in absence of specific charge. With effect from May 16, 2008,
Citibank proposes to levy a charge Rs. 50/- for each FCY purchase/sale transaction and a Service tax on this charge which will be payable to the Govt. of India. |
| Cards |
| ATM |
| Membership fee |
Free |
| Annual Fee |
Free |
| Renewal Charges |
Free |
| Replacement Charges |
Free |
| Transaction Charge for Non-Partner banks |
Citibank ATM: Free; Non-Citibank ATMs: Rs. 17.80 plus service tax and education cess per cash withdrawal transaction. |
| Debit Card |
| Membership fee |
Included in Annual fee |
| Annual Fee |
Free |
| Renewal Charges |
Free |
| Replacement Charges |
Free |
| Cash Withdrawal |
Citibank ATM: Free; Non-Citibank ATMs: Rs. 17.80 plus service tax and education cess per cash withdrawal transaction. |
| Miscellaneous |
| Balance enquiry |
Free on CBOL, CitiPhone, Citibank ATMs and Partner and non-Partner ATMs |
| Stop Payment Charges |
If minimum relationship value is maintained: CBOL: Free CitiPhone: Rs. 30
Branch: Rs. 60 If minimum relationship value is not maintained: CBOL: Rs. 50,
CitiPhone Rs. 60, Branch: Rs. 120 |
| Re-order Cheque book |
If minimum relationship value is maintained: CBOL: Free CitiPhone: Rs. 30 Branch:
Rs. 30. If minimum relationship value is not maintained: CBOL/CitiPhone/ Branch:
Rs. 30 + Rs. 1 per leaf |
| International ATM Usage |
US$2.5/transaction |
| Duplicate Account Statement |
If
minimum relationship value is maintained: CBOL: Free CitiPhone: Rs. 25
Branch: Rs. 50. If minimum relationship value is not maintained: CBOL:
Free CitiPhone: Rs. 50 Branch: Rs. 100 |
|
|
|
| |
CitiBusiness Corporate / ME Account |
|
|
| *Available in select cities |
| Current Accounts with Cheque facility |
| Minimum Balance |
Rs. 25000 average monthly relationship value |
| Charges for non-maintenance thereof |
Rs. 600 |
| Annual Fee |
0 |
| ECS bounce |
Rs.
250. These charges are levied only if the ECS instruction is not
honoured due to inadequate funds in the Account. Service Tax as
applicable would be levied on all the charges mentioned |
| Remittance Facilities through own bank |
| DD-Issue |
If minimum relationship value is maintained:
CBOL: Free up to Rs. 25 lakh/month, Rs. 1 per Rs. 1000 thereafter, subject to max. of Rs. 750
CitiPhone: Free up to Rs. 50 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to max. of Rs. 750
Branch: Free up to Rs. 10 lakh per month, Rs. 2 per Rs. 1000 thereafter, subject to max. of Rs. 750
If minimum relationship value is not maintained:
CBOL: Free up to Rs. 5 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to max. of
Rs. 1500
CitiPhone: Rs. 2 per Rs. 1000 thereafter, subject to max. of Rs. 1500
Branch: Rs. 2.5 per Rs. 1000 thereafter, subject to max. of Rs. 1500 |
| DD-Cancellation |
Free |
| TT-Issue |
If minimum relationship value is maintained:
CBOL: Free up to Rs. 50 lakh/month, Rs. 1 per Rs. 1000 thereafter, subject to max. of Rs. 750
CitiPhone: Free up to Rs. 50 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to max. of Rs. 750
Branch: Free up to Rs. 10 lakh per month, Rs. 2 per Rs. 1000 thereafter, subject to max. of Rs. 750
If minimum relationship value is not maintained:
CBOL: Free up to Rs. 5 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to max. of
Rs. 1500
CitiPhone: Rs. 2 per Rs. 1000 thereafter, subject to max. of Rs. 1500
Branch: Rs. 2.5 per Rs. 1000 thereafter, subject to max. of Rs. 1500 |
| EFT Charges-Inward |
Free |
| EFT Charges-Outward |
Free |
| RTGS-Outward |
Free |
| RTGS-Inward |
Free |
| Collection of Cheques |
Free |
| FCY Draft (per instrument) |
Rs. 300 |
| Remittance Facilities through other bank |
| DD-Issue |
If minimum relationship value is maintained:
CBOL: Free up to Rs. 25 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to max. of
Rs. 750
CitiPhone: Free up to Rs. 25 lakh/month, Rs. 2 per Rs. 1000 thereafter, subject to max. of Rs. 750
Branch: Free up to Rs. 10 lakh per month, Rs. 2.5 per Rs. 1000 thereafter, subject to max. of Rs. 750
If minimum relationship value is not maintained:
CBOL: Free up to Rs. 5 lakh/month, Rs. 1.5 per Rs. 1000 thereafter, subject to max. of
Rs. 1500
CitiPhone: Rs. 2.5 per Rs. 1000 thereafter, subject to max. of Rs. 1500
Branch: Rs. 3 per Rs. 1000 thereafter, subject to max. of Rs. 1500 |
| DD-Cancellation |
Rs. 100 |
| EFT Charges-Inward |
Free |
| EFT Charges-Outward |
Free |
| Collection of Cheques |
0.3% of cheque value, minimum Rs. 100 |
| Foreign Exchange Transactions |
| Remittance Inward |
Free |
| FCY TT |
Rs. 1000 |
| FIRC |
Free |
| Foreign Currency Sale/Purchase |
Rs. 50/transaction |
| Cheque Collection |
| Local |
Free |
| Outstation through own bank |
Free |
| Outstation Cheque collection |
0.3% of cheque value or minimum Rs. 100 |
| Outstation & Intercity Cheque collection |
Rs. 250 |
| Inward Cheque return |
Rs. 275 |
| Outward Cheque return |
Rs. 100 |
| Cash Delivery |
If minimum relationship value is maintained - Rs. 100 (Limit up to Rs. 2.5 lakh/day).
If minimum relationship value is not maintained: N.A. |
| Foreign Currency Cheque Collection |
If minimum relationship value is maintained - 0.25% of cheque value.
If minimum relationship value is not maintained: 0.5% of cheque value. |
| FCY Cheque return & draft cancellation (per instrument) |
Rs. 500 |
| Cards |
| ATM |
| Membership fee |
Free |
| Annual Fee |
Free |
| Renewal Charges |
Free |
| Replacement Charges |
Free |
| Transaction Charge for Non-Partner banks |
Citibank ATM: Free; Non-Citibank ATMs: Rs. 17.80 plus service tax and education cess per cash withdrawal transaction. |
| Debit Card |
| Membership fee |
Included in Annual fee |
| Annual Fee |
Free |
| Renewal Charges |
Free |
| Replacement Charges |
Free |
| Cash Withdrawal |
Citibank ATM: Free; Non-Citibank ATMs: Rs. 17.80 plus service tax and education cess per cash withdrawal transaction. |
| Miscellaneous |
| Balance enquiry |
Free |
| Stop Payment Charges |
If minimum relationship value is maintained: CBOL: Free CitiPhone: Rs. 30 Branch: Rs. 60.
If minimum relationship value is not maintained: CBOL: Rs. 50 CitiPhone Rs. 60 Branch: Rs. 120 |
| Re-order Cheque book |
If minimum relationship value is maintained: CBOL: Free CitiPhone: Rs. 30
Branch: Rs. 30. If minimum relationship value is not maintained:
CBOL/CitiPhone/ Branch: Rs. 30 + Rs. 1 per leaf |
| International ATM Usage |
US$2.5/transaction |
| Duplicate Account Statement |
If
minimum relationship value is maintained: CBOL: Free CitiPhone: Rs. 25
Branch: Rs. 50. If minimum relationship value is not maintained: CBOL:
Free CitiPhone: Rs. 50 Branch: Rs. 100 |
|
|
|
| |
Locker Charges |
|
|
| Size |
Dimensions
(mm) |
|
Price
(Rs.) |
| A |
125x179x502 |
|
2,500 |
| B |
159x215x502 |
|
4,000 |
| C |
125x360x502 |
|
5,500 |
| D |
189x270x502 |
|
7,500 |
| E |
159x434x502 |
|
9,000 |
| F |
278x360x502 |
|
20,000 |
| G |
189x544x502 |
|
20,000 |
| H |
322x434x502 |
|
25,000 |
| H1 |
322x215x502 |
|
9,000 |
| K |
402x544x502 |
|
40,000 |
|
|
|
| Credit Cards |
|
| |
Diners Club (Charge) Cards |
|
|
| Description of Charges |
| Joining & Annual Fees |
Fees applicable for both Primary and Additional Cardmembers will be communicated at the time of sourcing |
| Cash Advance Fee |
3% on advanced amount (subject to a minimum of Rs. 250 and US$5 at International ATMs) |
| Late Payment Charge (per month) |
| • |
2.95% - payments overdue by up to 30 days (applicable from Payment Due Date & subject to a minimum of Rs. 500) |
| • |
5% - payments overdue by 30 days or more (applicable from Payment Due Date & subject to a minimum of Rs. 500) |
|
| Over Credit Limit charge |
Not Applicable |
| Cheque/ECS Bounce Charge |
Rs. 250 per returned cheque/ECS |
| Petrol Transaction Charge |
2.5% (subject to a minimum of Rs. 10) |
| Railway Ticket Booking or Cancellation Surcharge (Counter booking) |
2.5% of transaction value (subject to a minimum of Rs. 25) |
| Railway Ticket Booking Surcharge (Internet booking) |
| • |
1.8% of transaction value for regular transactions; |
| • |
2.8% of transaction value for 3 EMI transaction |
|
| Card Replacement Charge |
Rs. 100 |
| Statement Request (beyond 3 months) |
Rs. 100 |
Outstation Cheque Charge
(Charge based on the value of the cheque/instrument) |
| • |
Up to Rs. 10000 - Rs. 50 per cheque |
| • |
Rs. 10001 to Rs. 100000 - Rs. 100 per cheque |
| • |
Above Rs. 100001 - Rs. 150 per cheque |
|
| Foreign Currency Transaction |
Mark up of 3% (service taxes as applicable) |
|
Service tax, as notified by the Government of India, is applicable on
all fees, interest and other charges and is subject to change, as per
relevant regulations of the Government of India. |
|
|
|
| |
Diners Club (Flexi/ Revolving credit) Cards |
|
|
| Description of Charges |
| Joining & Annual Fees |
Fees applicable for both Primary and Additional Cardmembers will be communicated at the time of sourcing |
| Interest Rate/Service Charge |
| • |
2.5% (monthly) or 30% (annual). The charge is dynamic and subject to change based on periodic review |
|
| Cash Advance Fee |
3% on advanced amount (subject to a minimum of Rs. 250 and US$5 at International ATMs) |
| Late Payment Charge (per month) |
| • |
Rs. 300 for bills up to Rs.10000 |
| • |
Rs. 600 for bills from Rs. 10001 - 25000 |
| • |
Rs. 700 for bills above Rs. 25000 |
|
| Over Credit Limit Charge |
2.5 % over the Credit Limit |
| Cheque/ECS Bounce Charge |
Rs. 250 per returned cheque/ECS |
| Petrol Transaction Charge |
2.5% (subject to a minimum of Rs. 10) |
| Railway Ticket Booking or Cancellation Surcharge (Counter booking) |
2.5% of transaction value (subject to a minimum of Rs. 25) |
| Railway Ticket Booking Surcharge (Internet booking) |
| • |
1.8% of transaction value for regular transactions; |
| • |
2.8% of transaction value for 3 EMI transaction |
|
| Card Replacement Charge |
Rs. 100 |
| Statement Request (beyond 3 months) |
Rs. 100 |
Outstation Cheque Charge
(Charge based on the value of the cheque/instrument) |
| • |
Up to Rs. 10000 - Rs. 50 per cheque |
| • |
Rs. 10001 to Rs. 100000 - Rs. 100 per cheque |
| • |
Above Rs. 100001 - Rs. 150 per cheque |
|
| Foreign Currency Transaction |
Mark up of 3% (service taxes as applicable) |
|
Service tax, as notified by the Government of India, is applicable on
all fees, interest and other charges and is subject to change, as per
relevant regulations of the Government of India. |
|
|
|
| |
Ultima Cards |
|
|
| Description of Charges |
| Joining & Annual Fees |
Fees applicable for both Primary and Additional Cardmembers will be communicated at the time of sourcing |
| Interest Rate/Service Charge |
| • |
Boarding Rate: i.e. in the first 12 months of Card issuance is fixed at
3.15% (monthly) or 37.8% (annual). This can change periodically based
on your spend, payback and utilization patterns |
| • |
The maximum interest rate, in the event of default, is 3.5% (monthly) or 42% (annually) |
|
| Cash Advance Fee |
2.0% on advanced amount (subject to a minimum of Rs. 300 and US$7.5 at International ATMs) |
| Late Payment Charge (per month) |
Rs. 100 per month |
| Over Credit Limit Charge |
2.5% of the amount over the Credit Limit |
| Cheque/ECS Bounce Charge |
Rs. 250 per returned cheque/ECS |
| Petrol Transaction Charge |
2.5% (subject to a minimum of Rs. 10) waived at IndianOil outlets for transactions done on Citibank EDCs |
| Railway Ticket Booking or Cancellation Surcharge (Counter booking) |
2.5% of transaction value (subject to a minimum of Rs. 25) |
| Railway Ticket Booking Surcharge (Internet booking) |
| • |
1.8% of transaction value for regular transactions; |
| • |
2.8% of transaction value for 3 EMI transaction |
|
| Card Replacement Charge |
NIL |
| Statement Request |
NIL |
Outstation Cheque Charge
(Charge based on the value of the cheque/instrument) |
| • |
Up to Rs. 10000 - Rs. 50 per cheque |
| • |
Rs. 10001 to Rs. 100000 - Rs. 100 per cheque |
| • |
Above Rs. 100001 - Rs. 150 per cheque |
|
| Foreign Currency Transaction |
Mark up of 3.5% (service taxes as applicable) |
|
Service tax, as notified by the Government of India, is applicable on
all fees, interest and other charges and is subject to change, as per
relevant regulations of the Government of India. |
|
|
|
| |
Platinum Cards |
|
|
| Description of Charges |
| Joining & Annual Fees |
Fees applicable for both Primary and Additional Cardmembers will be communicated at the time of sourcing |
| Interest Rate/Service Charge |
| • |
Boarding Rate: i.e. in the first 12 months of Card issuance is fixed at
3.15% (monthly) or 37.8% (annual). This can change periodically based
on your spend, payback and utilization patterns |
| • |
The maximum interest rate, in the event of default, is 3.5% (monthly) or 42% (annually) |
|
| Cash Advance Fee |
2.0% on advanced amount (subject to a minimum of Rs. 300 and US$7.5 at International ATMs) |
| Late Payment Charge (per month) |
| • |
Rs. 300 for bills up to Rs. 10000 |
| • |
Rs. 600 for bills from Rs. 10001 - 25000 |
| • |
Rs. 700 for bills above Rs. 25000 |
|
| Over Credit Limit Charge |
2.5% of the amount over the Credit Limit (subject to a minimum of Rs. 500) |
| Cheque/ECS Bounce Charge |
Rs. 250 per returned cheque/ECS |
| Petrol Transaction Charge |
2.5% (subject to a minimum of Rs. 10) waived at IndianOil outlets for transactions done on Citibank EDCs |
| Railway Ticket Booking or Cancellation Surcharge (Counter booking) |
2.5% of transaction value (subject to a minimum of Rs. 25) |
| Railway Ticket Booking Surcharge (Internet booking) |
| • |
1.8% of transaction value for regular transactions; |
| • |
2.8% of transaction value for 3 EMI transaction |
|
| Card Replacement Charge |
Rs. 100 |
| Statement Request (beyond 3 months) |
Rs. 100 |
Outstation Cheque Charge
(Charge based on the value of the cheque/instrument) |
| • |
Up to Rs. 10000 - Rs. 50 per cheque |
| • |
Rs. 10001 to Rs. 100000 - Rs. 100 per cheque |
| • |
Above Rs. 100001 - Rs. 150 per cheque |
|
| Foreign Currency Transaction |
Mark up of 3.5% (service taxes as applicable) |
|
Service tax, as notified by the Government of India, is applicable on
all fees, interest and other charges and is subject to change, as per
relevant regulations of the Government of India. |
|
|
|
| |
Citi Platinum Select Card |
|
|
| Description of Charges |
| Joining & Annual Fees |
| • |
Primary Card:
| • |
Joining Fees - Rs. 4000 |
| • |
Renewal Fees - Rs. 4000 p.a. |
|
| • |
Add-on Card(s) - Free for Life |
|
| Interest Rate/Service Charge |
| • |
Rate of Interest is fixed at 2.5% (monthly) or 30.0% (annual) |
|
| Cash Advance Fee |
2.0% on advanced amount (subject to a minimum of Rs. 300 and US$7.5 at International ATMs) |
| Late Payment Charge (per month) |
| • |
Waived up to 60 days of missed payment |
| • |
After 60 days |
| • |
Rs. 300 for bills up to Rs. 10000 |
| • |
Rs. 600 for bills from Rs. 10001 - 25000 |
| • |
Rs. 700 for bills above Rs. 25000 |
|
| Over Credit Limit Charge |
NIL |
| Cheque/ECS Bounce Charge |
Rs. 250 per returned cheque/ECS |
| Petrol Transaction Charge |
2.5% (subject to a minimum of Rs. 10) waived at IndianOil outlets for transactions done on Citibank EDCs |
| Railway Ticket Booking or Cancellation Surcharge (Counter booking) |
2.5% of transaction value (subject to a minimum of Rs. 25) |
| Railway Ticket Booking Surcharge (Internet booking) |
| • |
1.8% of transaction value for regular transactions; |
| • |
2.8% of transaction value for 3 EMI transaction |
|
| Card Replacement Charge |
Rs. 100 |
| Statement Request (beyond 3 months) |
Rs. 100 |
Outstation Cheque Charge
(Charge based on the value of the cheque/instrument) |
| • |
Up to Rs. 10000 - Rs. 50 per cheque |
| • |
Rs. 10001 to Rs. 100000 - Rs. 100 per cheque |
| • |
Above Rs. 100001 - Rs. 150 per cheque |
|
| Foreign Currency Transaction |
Mark up of 3.5% (service taxes as applicable) |
|
Service tax, as notified by the Government of India, is applicable on
all fees, interest and other charges and is subject to change, as per
relevant regulations of the Government of India. |
|
|
|
| |
Citibank Classic & Preferred Cards (excluding Vodafone, Maruti, Delhi Metro & Reliance One Cards) |
|
|
| Description of Charges |
| Joining & Annual Fees |
Fees applicable for both Primary and Additional Cardmembers will be communicated at the time of sourcing |
| Interest Rate/Service Charge |
| • |
Boarding Rate: i.e. in the first 12 months of Card issuance is fixed at
3.15% (monthly) or 37.8% (annual). This can change periodically based
on your spend, payback and utilization patterns |
| • |
The maximum interest rate, in the event of default, is 3.5% (monthly) or 42% (annually) |
|
| Cash Advance Fee |
2.0% on advanced amount (subject to a minimum of Rs. 300 and US$7.5 at International ATMs) |
| Late Payment Charge (per month) |
| • |
Rs. 300 for bills up to Rs.10000 |
| • |
Rs. 600 for bills from Rs. 10001 - 25000 |
| • |
Rs. 700 for bills above Rs. 25000 |
|
| Over Credit Limit Charge |
2.5% of the amount over the Credit Limit (subject to a minimum of Rs. 500) |
| Cheque/ECS Bounce Charge |
Rs. 250 per returned cheque/ECS |
| Petrol Transaction Charge |
2.5% (subject to a minimum of Rs. 10) waived at IndianOil outlets for transactions done on Citibank EDCs |
| Railway Ticket Booking or Cancellation Surcharge (Counter booking) |
2.5% of transaction value (subject to a minimum of Rs. 25) |
| Railway Ticket Booking Surcharge (Internet booking) |
| • |
1.8% of transaction value for regular transactions; |
| • |
2.8% of transaction value for 3 EMI transaction |
|
| Card Replacement Charge |
Rs. 100 |
| Statement Request (beyond 3 months) |
Rs. 100 |
Outstation Cheque Charge
(Charge based on the value of the cheque/instrument) |
| • |
Up to Rs. 10000 - Rs. 50 per cheque |
| • |
Rs. 10001 to Rs. 100000 - Rs. 100 per cheque |
| • |
Above Rs. 100001 - Rs. 150 per cheque |
|
| Foreign Currency Transaction |
Mark up of 3.5% (service taxes as applicable) |
|
Service tax, as notified by the Government of India, is applicable on
all fees, interest and other charges and is subject to change, as per
relevant regulations of the Government of India. |
|
|
|
| |
Citibank Vodafone & Maruti Cards |
|
|
| Description of Charges |
| Joining & Annual Fees |
Fees applicable for both Primary and Additional Cardmembers will be communicated at the time of sourcing |
| Interest Rate/Service Charge |
| • |
Boarding Rate: i.e. in the first 12 months of Card issuance is fixed at
3.25% (monthly) or 39.0% (annual). This can change periodically based
on your spend, payback and utilization patterns |
| • |
The maximum interest rate, in the event of default, is 3.5% (monthly) or 42% (annually) |
|
| Cash Advance Fee |
2.0% on advanced amount (subject to a minimum of Rs. 300 and US$7.5 at International ATMs) |
| Late Payment Charge (per month) |
| • |
Rs. 300 for bills up to Rs.10000 |
| • |
Rs. 600 for bills from Rs. 10001 - 25000 |
| • |
Rs. 700 for bills above Rs. 25000 |
|
| Over Credit Limit Charge |
2.5% of the amount over the Credit Limit (subject to a minimum of Rs. 500) |
| Cheque/ECS Bounce Charge |
Rs. 250 per returned cheque/ECS |
| Petrol Transaction Charge |
2.5% (subject to a minimum of Rs. 10) waived at IndianOil outlets for transactions done on Citibank EDCs |
| Railway Ticket Booking or Cancellation Surcharge (Counter booking) |
2.5% of transaction value (subject to a minimum of Rs. 25) |
| Railway Ticket Booking Surcharge (Internet booking) |
| • |
1.8% of transaction value for regular transactions; |
| • |
2.8% of transaction value for 3 EMI transaction |
|
| Card Replacement Charge |
Rs. 100 |
| Statement Request (beyond 3 months) |
Rs. 100 |
Outstation Cheque Charge
(Charge based on the value of the cheque/instrument) |
| • |
Up to Rs. 10000 - Rs. 50 per cheque |
| • |
Rs. 10001 to Rs. 100000 - Rs. 100 per cheque |
| • |
Above Rs. 100001 - Rs. 150 per cheque |
|
| Foreign Currency Transaction |
Mark up of 3.5% (service taxes as applicable) |
| Service
tax, as notified by the Government of India, is applicable on all fees,
interest and other charges and is subject to change, as per relevant
regulations of the Government of India. |
|
|
|
| |
Delhi Metro Citibank Card |
|
|
| Description of Charges |
| Joining & Annual Fees |
Fees applicable for both Primary and Additional Cardmembers will be communicated at the time of sourcing |
| Interest Rate/Service Charge |
| • |
Boarding Rate: i.e. in the first 12 months of Card issuance is fixed at
3.25% (monthly) or 39% (annually). This can change periodically based
on your spend, payback and utilization patterns |
| • |
The maximum interest rate, in the event of default, is 3.5% (monthly) or 42% (annually). |
|
Cash Advance Fee
(Cash Advance facility is available only for existing Citibank
Cardmembers, who have converted their Card to a Delhi Metro Citibank
Credit Card) |
2.0% on advanced amount (subject to a minimum of Rs. 300 and US$7.5 at International ATMs) |
| Late Payment Charge (per month) |
| • |
Rs. 300 for bills up to Rs.10000 |
| • |
Rs. 600 for bills from Rs. 10001 - 25000 |
| • |
Rs. 700 for bills above Rs. 25000 |
|
| Over Credit Limit Charge |
2.5% of the amount over the Credit Limit (subject to a minimum of Rs. 500) |
| Cheque/ECS Bounce Charge |
Rs. 250 per returned cheque/ECS |
| Petrol Transaction Charge |
2.5% (subject to a minimum of Rs. 10) waived at IndianOil outlets for transactions done on Citibank EDCs |
| Railway Ticket Booking or Cancellation Surcharge (Counter booking) |
2.5% of transaction value (subject to a minimum of Rs. 25) |
| Railway Ticket Booking Surcharge (Internet booking) |
| • |
1.8% of transaction value for regular transactions; |
| • |
2.8% of transaction value for 3 EMI transaction |
|
| Card Replacement Charge |
Rs. 100 |
| Statement Request (beyond 3 months) |
Rs. 100 |
Outstation Cheque Charge
(Charge based on the value of the cheque/instrument) |
| • |
Up to Rs. 10000 - Rs. 50 per cheque |
| • |
Rs. 10001 to Rs. 100000 - Rs. 100 per cheque |
| • |
Above Rs. 100001 - Rs. 150 per cheque |
|
| Foreign Currency Transaction |
Mark up of 3.5% (service taxes as applicable) |
| Service
tax, as notified by the Government of India, is applicable on all fees,
interest and other charges and is subject to change, as per relevant
regulations of the Government of India. |
|
|
|
| |
ING Vysya Credit Cards |
|
|
| Description of Charges |
| Interest Charges |
| • |
The initial interest rate is 3.15% per month (i.e. 37.8% annualized).
This can change periodically based on your spend, payback and
utilization patterns |
| • |
Rate of interest can increase up to 3.5% per month (i.e. 42.0% annualized), in case of default. |
| • |
For
Cash withdrawals, rate of interest is 1.5% per month (i.e. 18%
annualized) from the date of withdrawal to the date of billing and
regular interest rate as applicable will be charged beyond the bill
date. |
|
| Annual Fee |
There are no joining fees or annual fees for the ING Vysya Bank Classic Card. |
| Late Payment Charges |
| • |
Rs. 300 for bills up to Rs. 10000 |
| • |
Rs. 600 for bills from Rs. 10001 - 25000 |
| • |
Rs. 700 for bills above Rs. 25000 |
|
| Over Limit Charge |
2.5% of the amount over the Credit Limit (subject to a minimum of Rs. 500) |
| Cheque/ECS Bounce Charge |
Rs. 250 per returned cheque/ECS |
| Railway Ticket Booking or Cancellation Surcharge (Counter booking) |
2.5% of transaction value (subject to a minimum of Rs. 25) |
| Railway Ticket Booking Surcharge (Internet booking) |
| • |
1.8% of transaction value for regular transactions; |
| • |
2.8% of transaction value for 3 EMI transaction |
|
| Statement Request (beyond 3 months) |
Rs. 100 |
| Card Replacement Fee |
Rs. 100 |
Outstation Cheque Charge
(Charge based on the value of the cheque/instrument) |
| • |
Up to Rs. 10000 - Rs. 50 per cheque |
| • |
Rs. 10001 to Rs. 100000 - Rs. 100 per cheque |
| • |
Above Rs. 100001 - Rs. 150 per cheque |
|
| Foreign Currency Transactions |
Mark up of 3.5% (service taxes as applicable) |
| Petrol Transaction Charge |
No transaction fees on petrol purchase |
| Cash Advances Transaction Fees |
2.0% on advanced amount (subject to a minimum of Rs. 300 and US$7.5 at International ATMs) |
| Service
tax, as notified by the Government of India, is applicable on all fees,
interest and other charges and is subject to change, as per relevant
regulations of the Government of India. |
| NOTE:
The ING Vysya Credit Card programme is a programme jointly formulated
by ING Vysya Bank (hereinafter referred to as "ING Vysya") and Citibank
for issue of Credit Cards to the customers of ING Vysya. The Credit
Cards are issued by Citibank pursuant to an agreement entered into
between Citibank and ING Vysya. By virtue of the said agreement,
Citibank shall issue Credit Cards, manage the operations, service and
recovery of dues of the Credit Cards while sourcing of applications and
marketing of the Credit Card may be carried out either by ING Vysya and
Citibank jointly or independently. |
|
|
|
| |
South Indian Bank Credit Card |
|
|
| Description of Charges |
| Joining & Annual Fees |
Fees applicable for both Primary and Additional Cardmembers will be communicated at the time of sourcing |
| Interest Rate/Service Charge |
| • |
Boarding Rate: i.e. in the first 12 months of Card issuance is fixed at
3.15% (monthly) or 37.8% (annually). This can change periodically based
on your spend, payback and utilization patterns |
| • |
The maximum interest rate, in the event of default, is 3.5% (monthly) or 42% (annually). |
|
| Cash Advance Fee |
2.0% on advanced amount (subject to a minimum of Rs. 300 and US$7.5 at International ATMs) |
| Late Payment Charge (per month) |
| • |
Rs. 300 for bills up to Rs. 10000 |
| • |
Rs. 600 for bills from Rs. 10001 - 25000 |
| • |
Rs. 700 for bills above Rs. 25000 |
|
| Over Credit Limit Charge |
2.5% of the amount over the Credit Limit (subject to a minimum of Rs. 500) |
| Cheque/ECS Bounce Charge |
Rs. 250 per returned cheque/ECS |
| Petrol Transaction Charge |
2.5% (subject to a minimum of Rs. 10) waived at IndianOil outlets for transactions done on Citibank EDCs |
| Railway Ticket Booking or Cancellation Surcharge (Counter booking) |
2.5% of transaction value (subject to a minimum of Rs. 25) |
| Railway Ticket Booking Surcharge (Internet booking) |
| • |
1.8% of transaction value for regular transactions; |
| • |
2.8% of transaction value for 3 EMI transaction |
|
| Card Replacement Charge |
Rs. 100 |
| Statement Request (beyond 3 months) |
Rs. 100 |
Outstation Cheque Charge
(Charge based on the value of the cheque/instrument) |
| • |
Up to Rs. 10000 - Rs. 50 per cheque |
| • |
Rs. 10001 to Rs. 100000 - Rs. 100 per cheque |
| • |
Above Rs. 100001 - Rs. 150 per cheque |
|
| Foreign Currency Transaction |
Mark up of 3.5% (service taxes as applicable) |
| Service
tax, as notified by the Government of India, is applicable on all fees,
interest and other charges and is subject to change, as per relevant
regulations of the Government of India. |
| NOTE:
The South Indian Bank Credit Card programme is a programme jointly
formulated by South Indian Bank (hereinafter referred to as "SIB") and
Citibank for issue of Credit Cards to the customers of SIB. The Credit
Cards are issued by Citibank pursuant to an agreement entered into
between Citibank and SIB. By virtue of this Agreement, Citibank will
manage issuance, operations, service and recovery of dues while
sourcing of applications from prospective Cardmembers and marketing of
the Card may be carried out either by SIB and Citibank jointly or
independently. |
|
|
| Loans |
|
| |
Personal Loan |
|
|
| Retail Loan - Personal Loan |
Charges Applicable |
| Interest Rate |
Interest
Rate on the loan will be rate as applicable at the time of signing the
loan agreement. Interest for the month = Loan Outstanding*ROI%*(Number
of Days in a month/365) |
| Booking Fee* |
Up to 3% of the loan amount sanctioned. The fee is deducted from the loan amount at the time of disbursal |
| Cheque/ECS Bounce Charges* |
Cheque/ ECS/ SI Bounces will be charged at the rate of Rs. 250 |
| Late Payment Charges* |
All
EMIs will be presented on the 1st of every month. Any delay in the
payment of an EMI shall entail an additional interest of 2% p.a. above
the prevalent rate upon the outstanding Balance of the Loan |
| Loan Pre-closure Charges* |
| • |
No pre-payment is allowed for six months post booking |
| • |
Pre-closure
charges are levied at the rate of 5% on total principal outstanding for
all loans booked on or after March 1 2007 and 4% for all loans booked
prior to this date |
| • |
At
the time of calculating the amount for full and final settlement of
account, interest for the present month is also taken into consideration |
| • |
No partial pre-payment is allowed |
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| Statement Copy |
Rs. 500 |
*Service Tax and other Government taxes & levies as applicable will be levied on all fees and charges
Please Click here for detailed terms and conditions |
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Mortgages |
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| Description of Charges |
Citibank Home Loan |
Citibank Property Power Loan |
| Interest Rate |
| • |
Interest Rate on the loan will be the rate as applicable at the time of signing the loan agreement. |
| • |
Interest for the month = Loan outstanding on daily basis * ROI% * Number of days in Month/Actual number of days in a year. |
| • |
Floating
Interest rate is linked to Citibank Mortgage Prime Rate (CMPR). In the
event of a change in CMPR, the borrower shall be notified in advance
the interest rate applicable on their Loan. |
|
| Application Fee* |
| • |
Up to 1% of the loan amount. |
| • |
The
fee is collected towards processing of your loan application and is
collected upfront irrespective of whether your loan has been
sanctioned. This is non-refundable under all circumstances. |
| • |
Payments to be made by cheque/draft only favouring "Citibank, N.A. Application Fee Account". |
|
| Booking Fee* |
| • |
Up to 1% of the loan amount sanctioned. |
| • |
The fee is collected along with the loan documentation. |
|
| Cheque/ECS/SI Bounce Charges* |
Cheque/ECS/SI Bounce charges will be charged at the rate of Rs. 500/-. |
| Repricing Fee* |
The
Repricing fee will be charged at the rate of 2% of the loan
outstanding. At the request of the borrower, Citibank at its sole
discretion may permit the Borrower for Repricing of the loan. |
| Penal Interest |
Penal
Interest is levied in case of non-payment of the monthly payment. It is
charged at the rate of 2% above the prevailing interest rate on the
loan outstanding for the defaulted period. |
| Recurring Annual Service fees on Home Credit* |
NA |
Applicable
only in the case of Property Power Loan with Home Credit Facility. The
annual Home Credit fee is charged at a rate of 1% of the loan
outstanding (as increased by the line amount) at the end of every year. |
Loan Pre-closure Charges* (Applicable in case of full
pre-payments) |
| No
penalty is charged on partial pre-payments. Penalty is charged at the
time of pre-closure of the loan. Pre-closure charges are as follows: |
|
Pre-closure charges for Home Loans will be levied at the rate of 2%. This amount is charged on:
| • |
Loan outstanding at the time of loan closure |
| • |
Undisbursed portion of the loan |
| • |
All partial pre-payments made during the last 12 months prior to loan closure |
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| For Home Credit loans, in addition to above, Pre-closure charge at rates specified above will be levied on the overdraft line. |
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| *Service Tax, Other Government Taxes and Levies as applicable will be levied on all fees and charges. |
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CitiBusiness Loan |
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| Charges |
Business Lending |
| Interest Rate* |
Interest
Rate on the loan will be the rate as applicable at the time of signing
the loan agreement. Interest is charged at monthly rests and is linked
to the PLR. |
| Application Fee* |
NA |
| Booking Fee* |
| • |
Up to 1% of the loan amount sanctioned. |
| • |
The fee is collected at the time of loan documentation or is deducted from the disbursal. |
|
| Recurring Annual Service fees on Home Credit* |
The annual renewal fee is charged up to a rate of 1% of the line amount.
|
| Penal Interest Rate |
Delayed/Penal
Interest is levied in case of non-payment of the monthly payment. It is
charged at the rate of 2% above the prevailing interest rate on the
loan outstanding for the defaulted period. |
| Bounce Charges* |
Cheque/ECS/SI Bounce will be charged at the rate of Rs. 500. |
| Repricing/Conversion Fee* |
NA |
| Loan Pre-closure Charges (Only Applicable in case of full pre-payments)* |
Up to 4% of outstanding. |
| *Service Tax, Other Government Taxes and Levies as applicable will be levied on all fees and charges. |
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Stock Power |
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| Particulars |
Charges / Fees |
Frequency / Other Details |
| Margin Required1 |
50% |
To be maintained at all times |
| Overdraft Amount (per individual)2 |
| • |
Minimum |
| • |
Maximum |
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| To be maintained at all times |
| To be maintained at all times |
|
Interest Rate
(as on April 25, 2009)3 |
12.75% to 15% p.a. |
Levied monthly by debit to the Stock Power account.
Interest needs to be paid every month
within 15 days of the debit |
| Penal Interest4 |
2% p.a. above the applicable interest rate |
As and when applicable. Levied and debited along with the monthly interest |
| Out of Pocket Expenses (OPE) |
1.5% of the line amount |
At the time of account opening and every year thereafter.
Also levied on any increase in the overdraft limit in the account |
| Scrip Withdrawal Charges5 |
Up to 2 scrips - Rs. 100 per scrip
For 3 or more scrips - Rs. 250 flat |
As and when applicable basis customer instructions |
| 1. |
The overdraft limit will be available as per the value of approved securities pledged in favour of the Bank, subject to the margin specified above. Please note that the margin amount, the list of approved securities and the valuation of the securities may change from time to time as per the Bank's internal policies. The margin required is also subject to the Reserve Bank of India rules / regulations. |
| 2. |
Overdraft limit is per individual against investments in approved securities owned by the same individual. The maximum overdraft amount subject to RBI regulations in force from time to time. |
| 3. |
The interest rate is subject to change from time to time as per the Banks internal policies and applicable regulations. |
| 4. |
Penal interest is levied on the entire amount outstanding in the account for the actual number of days when the outstanding amount in the account is in excess of the overdraft line amount. |
| 5. |
Scrip refers to any single ISIN (for equity shares) or scheme of Mutual Fund. The count is for the number of scrips in a single instruction. |
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| Demat Account |
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Citigold |
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| Resident Indians |
| De-Mat Account |
Citigold |
| Account Opening |
NIL |
| Annual Maintenancce Charge |
NIL |
| Dematerialisation |
Rs. 50 per request |
| Rematerialisation |
Rs. 50 per request |
| Transfer In (Credits) |
|
| - On Market |
NIL |
| - Off Market |
NIL |
| Transfer Out (Debits) |
|
| * received before cut off time |
|
| - On Market |
0.05% (minimum. Rs. 17) |
| - Off Market |
0.05% (minimum. Rs. 17) |
| Custody Charges |
NIL |
| Transaction cum Holding Statement |
|
| - Monthly (only if there have been transactions in the a/c during the month) |
NIL |
| - Quarterly |
NIL |
| Pledge Creation |
NIL |
| Pledge Closure |
0.02% |
| Pledge Invocation |
NIL |
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Others |
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| Resident Indians |
| De-Mat Account |
Others |
| Account Opening |
NIL |
| Annual Maintenance Charge |
Rs. 250^ |
| Dematerialisation |
Rs. 50 per request |
| Rematerialisation |
Rs. 50 per request |
| Transfer In (Credits) |
|
| - On Market |
NIL |
| - Off Market |
NIL |
| Transfer Out (Debits) |
|
| * received before cut off time |
|
| - On Market |
0.06% (minimum. Rs. 17) |
| - Off Market |
0.06% (minimum. Rs. 17) |
| Custody Charges |
NIL |
| Transaction cum Holding Statement |
|
| - Monthly (only if there have been transactions in the a/c during the month) |
NIL |
| - Quarterly |
NIL |
| Pledge Creation |
NIL |
| Pledge Closure |
0.02% |
| Pledge Invocation |
NIL |
|
*
These charges will be applicable as long as the customer is designated
as a Citigold customer by the Bank. If the customer ceases to be a
Citigold customer, normal charges will apply.
^ Currently waived
for the first year. These charges will be levied at the beginning of
the 2nd year and every year thereafter.
Service Tax and Education cess, as applicable, will be levied in addition to the above |
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| Ready Credit |
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Corporate Ready Credit |
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|
Charges (in Rs. ) |
| First Time Usage Fee |
Rs. 500 |
| Annual Renewal Fee |
2% of the line amount up to a maximum of Rs. 750 |
| Interest Rate |
16-31% p.a.* |
No Cash withdrawal charges from Citibank ATMs
The first renewal fee will be charged one year from the date of first time usage |
|
| * Based on the risk rating of the corporate. |
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Retail Ready Credit |
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|
Charges (in Rs. ) |
| Line Activation Fee |
Rs. 500 |
| Annual Renewal Fee |
2% of the line amount up to a maximum of Rs. 750 |
| Interest Rate |
26% p.a. |
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EMI based Ready Credit Loans |
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|
Charges (in Rs. ) |
| Processing Charges |
1% of the top-up amount up to a maximum of Rs. 1000 |
| Interest Rate |
18-24% p.a.* |
| Pre-payment Penalty |
5% for pre-payment before 6 months and 3% for pre-payments post 6 months on outstanding amount |
|
| * Based on the risk rating. |
| Service Tax, Other Government Taxes and Levies as applicable will be levied on all fees and charges |
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Top-ups |
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|
Charges (in Rs. ) |
| Processing Charges |
1% of the top-up amount up to a maximum of Rs. 1000 |
| Activation Fees |
- |
| Renewal Charges |
- |
| Interest Rate |
18-24% p.a.* |
| Pre-payment Penalty |
5% for pre-payment before 6 months and 3% for pre-payments post 6 months on outstanding amount |
|
| * Based on the risk rating. |
| Service Tax, Other Government Taxes and Levies as applicable will be levied on all fees and charges. |
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