HARCO BANK

Rate Of Interest On Loans

Sr. No.	Type of Loan	Rate of interest (in %)
Sr. No.	Type of Loan	NABARD TO SCB	Apex to CCBs	CCBs to PACS	PACS to Member
(1)	(2)	(3)	(4)	(5)	(6)
I)	Crop Loan/KCC loan	4.00	4.60	5.30	7.00
II)	Professional & other purposes		9.00
III)	Rural Artisans (owned fund)		9.00
IV)	Revolving Cash Credit Scheme		9.00
	STL Fertilizer		9.00
V	Non Farm Finance Scheme	NABARD to Apex	Apex to CCBs
a)	Minor Irrigation,SGSY,SHGs,SC/ST action plan,Dry Land Farming	6.50	7.00
b)	Rural Godowns	7.50	8.00
c)	NFF (ARF)	7.50	8.00

Rate Of Interest On Deposits w.e.f 3.5.2011

Sr.No.	Type of Deposit/Period	Interest Rate(% p.a)	Bulk Deposit(1 crore & above)
1.	Savings	4.00%
2.	Term Deposits
	14 days	-	-
i)	15 days to 45 days	5.00%	-
ii)	46 days to 90 days	5.50%	-
iii)	91 days to 179 days	6.25%	-
iv)	6 months but less than 1 year	8.00%	-
v)	1 year but less than 2 years	8.75%	-
vi)	2 years but less than 3 years	8.50%	-
vii)	3 years and above	9.00%	-
ix)	Special Scheme (Flat rate) for 500 days
3.	Call Deposits
i)	15 days notice	2.50%
ii)	46 days notice	3.50%
4.	Saving bank P.F	8.00%
5.	Deposits of CCBs with HO w.e.f 1.1.2011
i)	7 days to 14 days	3.00%
ii)	15 days to 45 days	4.00%
iii)	46 days to 90 days	4.75%
iv)	91 days to 179 days	5.00%
v)	6 months but less than 1 year	6.00%
vi)	1 year but less than 2 years	6.75%
vii)	2 years but less than 3 years	6.85%

* 0.75% additional rate of interest shall be allowed to the senior citizens on term Deposits.

Service Charges and Fees

Sr.No.	Name of Item	Charges
A. Saving & Current Account
1.	Minimium balance required -S.B	Rs.500/- Rs.20/- per month be deducted if the balance is maintained less than Rs.500/-
2.	Minimium balance required -CA	Rs.5000/- Rs.50/- per transaction be deducted if the balance is maintained less than Rs.5000/-
3.	Ledger Folio Charges -CA	Rs.30/- per page subject to maximum of Rs.200/- p.a.
4.	Issue of MICR Cheque- SB	2 Cheque books containing 10 leaves each free without charges during the Financial year thereafter Rs.2/- per cheque if the average balance remains less than Rs.10,00,000/- in a calendar year
5.	Issue of MICR Cheque- CA	Rs.2.00/- per cheque leaf if the average balance remains less than Rs.10,00,000/- in a calendar year and thereafter Rs.20/- per page shall be charged on subsequent statement in the same month.
6.	Issue of Pass Book	No charges
7.	Duplicate Pass Book	Rs.20/-
8.	Statement of Accounts	Rs.20/- per statement per page for individuals & free to institution once in a month .
9.	Stop payment charges	Rs.50/- per instrument
10.	Account closure before 12 months ( A/c transfer not included)	S.B. Rs.100/- C/A Rs.250/-
11.	Cheque returned charges	Rs.50/- per cheque
12.	Signature verification/ attestation	Rs.50/- per form
13.	Issuance of duplicate interest certificate/balance certificate.	Rs.50/- per certificate
14.	Guarantee against term deposit	Rs.2% p.a. of guarantee amount
B. Remittance facility
1.	Pay order/Banker’s Cheque	a)Upto Rs.10,000/- Rs.25/- b) Rs.10001/- to 1.00 lac Rs.2/- per thousand with minimum of Rs.40/- c) Above Rs.1.00 lac Rs.1/- per thousand with minimum of Rs.200/-
2.	Issuance of Drafts	a)Upto Rs.10000/- Rs.35/- b)Rs.10001/- to 1.00 lac Rs.2/- per thousand subject to minimum of Rs.40/- c) Above Rs.1.00 lac Rs.2.50 per thousand with minimum of Rs.300/-
3.	Revalidation/cancellation & Issuance of duplicate pay order/drafts	Rs.75/- per instrument

C. Bill for Collection ( Outgoing)

A	Upto Rs.10,000/-	Rs.50/- per instrument
B	Rs.10001 to 1,00,000/-	Rs.100/- per instrument
C	Rs.1,00,001 & above	Rs.150/- per instrument.

1)Above charges are all inclusive (No Courier Charges out of pocket expenses). 2) These charges are applicable only to transaction originated payable within India ( above proposed rates are based on RBI circular No.DPSS. Co. 611 /3.01.03(P) /2008-09 dated 8.10.2008

D. Bill for collection ( Incoming)
	i) As above No.”C” ii) Bank shall not charge if the collection is made under Haryana Mutual Arrangement Scheme & All India Mutual Arrangement Scheme from member banks.

E. Locker Charges
	Category and Size of locker Amount. 1)Upto 800 Sq. Inch Rs.500/- 2)801 to 1000 Sq. Inch Rs.600/- 3)1001 to 1200 Sq. Inch. Rs.700/- 4)1201 to 1400 Sq. Inch. Rs.900/- 5)1401 to 2000 Sq. Inch. Rs.1200/- 6)2001 to 3000 Sq. inch Rs.1300/- 7)3001 to 4000 Sq. Inch. Rs.2000/- Above 4000 Sq. Inch Rs.3000/- Free locker facilities shall be provided to the customers having an average balance of Rs.20000/- in a month in the S.B. A/c throughout the year.

F. Exemption for valued customers.

I) Bank will provide Free Draft, Pay order/Transfer facilities to Societies/Institutions in their name/ affiliated with their institutions/societies situated in the State of Haryana.
II) The designated officers may extend the facilities of Demand Drafts and pay orders to the valued customers as authorized below:-

Sr.No.	Designation	Designation	During per day
1.	A.M.(B)	Rs.100/-	One
2.	Br.Mgr	Rs.200/-	Two
3.	Manager(B)	Rs.300/-	Two
4.	DGM(B)	Rs.500/-	Two
5.	G.M.(B)	Rs.1000/-	Two
6.	M.D.	Full power	Full power

Provided further that one customer shall not be extended this facility of drafts/pay order charges more than once in a month.

G. For Bank employee staff
	i) Two draft/pay order facilities shall be allowed without charges during the month. ii) Bills shall be collected at par except postal charges. ii) Half charges for hiring the locker allowed in ‘Category A’ iii) Minimum balance in S.B. A/c Rs.100/-. Cheque Book(s) containing cheque leaves upto 50 without charges during a financial year.