A | | Interest Rates | | |
1 | | Deposits | | |
| Savings | 0.25% p.a. | N/A
| N/A |
| Moneytree | 0.30% p.a (S.B + 0.05% on balance on excess of Rs1m) | N/A | N/A |
| Call | N/A | N/A | N/A
|
| Term (MUR) | Depending on amount and tenor | Depending on amount and tenor | N/A |
| Term (FCY) | Depending on amount and tenor | Depending on amount and tenor | N/A |
2 | | Credit facilities (MUR) | | |
| Prime Lending Rate | 5.05% p.a. | 5.05% p.a. | N/A |
| Other credit facilities – margin over PLR | As per arrangement | As per arrangement | N/A |
3 | Credit facilities (FCY) | | | |
| Margin over LIBOR | As per arrangement | As per arrangement | N/A |
B | | DEPOSITS | | |
4 | | Savings Account | | |
| Minimum account opening balance* | Rs1,000/- | N/A | N/A |
| Minimum credit balance to earn interest | Rs10,000/- | N/A | N/A |
5 | | Current Account | | |
| Minimum account opening balance* | Rs5,000/- | Rs5,000/- | N/A |
| Cost of cheque book | Rs5/- per sheet | Rs6/- per sheet | N/A |
| Monthly Service Fee
(for SME customer, please refer to the SME Package fee) | Rs 86.25 Monthly (incl VAT) | Rs0.86 (incl VAT)per transaction.
Minimum Rs115/- (incl VAT) monthly | N/A |
6 | | Call Deposit Account | | |
| Minimum account opening balance* | Rs50,000/- | Rs50,000/- | N/A |
| Minimum credit balance to earn interest | N/A | N/A | N/A |
7 | | Term deposits (MUR) | | |
| Minimum amount* | Rs50,000/- | Rs50,000/- | N/A
|
| Deposit withdrawn before maturity (at the discretion of the Bank) | No interest is payable on deposit if withdrawn within 3 months from date of deposit. After 3 months - The rate applicable will be that prevailed at the time of placement for the period the deposit has run less 1% penalty. In absence of any quotation, prevailing SB rates less 1% penalty will be applied. | No interest is payable on deposit if withdrawn within 3 months from date of deposit. After 3 months - The rate applicable will be that prevailed at the time of placement for the period the deposit has run less 1% penalty. In absence of any quotation, prevailing SB rates less 1% penalty will be applied. | N/A |
| Fee for issuing duplicate Term Deposit receipt | Rs50/- | Rs100/- |
N/A |
8 | | Term deposits (FCY) | | |
| Minimum amount (in the currency)* | 5,000/- | 5,000/- | N/A |
| Deposit withdrawn before maturity (at the discretion of the Bank) | No interest is payable on deposit if withdrawn within 3 months from date of deposit. After 3 months – The rate applicable will be that prevailed at the time of placement for the period the deposit has run less 1% penalty. In absence of any quotation, prevailing SB rate less 1% penalty will be applied.
| No interest is payable on deposit if withdrawn within 3 months from date of deposit. After 3 months – The rate applicable will be that prevailed at the time of placement for the period the deposit has run less 1% penalty. In absence of any quotation, prevailing SB rate less 1% penalty will be applied.
| N/A |
9 | | Foreign Currency Account | | |
| Minimum balance* | | | |
| • Euro | 1,000 | 2,000 | N/A |
| • Pound Sterling | 1,000 | 2,000 | N/A |
| • US Dollar | 1,000 | 2,000 | N/A |
| • Other Currency | As per arrangement | As per arrangement | N/A |
| Minimum credit balance to earn interest | 1,000 (for Euro, Pound Sterling and US Dollar) | 2,000 (for Euro, Pound Sterling and US Dollar) | N/A |
| General charges | 1% on cash deposit and withdrawal | 1% on cash deposit and withdrawal | N/A |
C | | CREDIT FACILITIES | | |
10 | | Credit Cards | | |
a | Classic Card | | | |
| First Issue Fee / Annual fee | Rs230/- (incl VAT) | Rs230/- (incl VAT) | N/A |
| Card Replacement Fee | Rs402.5/- (incl VAT)
| Rs402.5/- (incl VAT)
| N/A |
| Request for increase in limit | Rs125/- (fixed) | Rs125/- (fixed) | N/A |
| Late Payment Fee | Rs200/- | Rs200/- | N/A |
| Cash Advance Fee
(Local and Foreign) | 2.5% of withdrawn amount.
Minimum Rs125/- | 2.5% of withdrawn amount.
Minimum Rs125/- | N/A |
| Interest Charges (Planters Card) | 1% per month, 12% yearly | 1% per month, 12% yearly | N/A |
| Interest Charges (Teachers Card) | 1.21% per month, 14.50% yearly | 1.21% per month, 14.50% yearly | N/A |
b | Gold Card | | | |
| First Issue Fee / Annual fee | Rs 805/- (incl VAT) | Rs 805/- (incl VAT) | N/A |
| Card Replacement Fee | Rs402.5/- (incl VAT)
| Rs402.5/- (incl VAT)
| N/A |
| Lost / Stolen Advice Fee | Free | Free | N/A |
| Late Payment Fee | Rs200/- | Rs200/- | N/A |
c | Platinum Card | | | |
| First Issue Fee / Annual Fee | Rs1,495/- (incl VAT)
| Rs1,495/- (incl VAT)
| N/A |
| Card Replacement Fee | Rs402.5/- (incl VAT)
| Rs402.5/- (incl VAT)
| N/A |
| Lost / Stolen Advice Fee | Free | Free | N/A |
| Late Payment Fee | Rs250 | Rs250 | N/A |
d | Infinite Card | | | |
| First Issue Fee / Annual Fee | Rs3,680/- (incl VAT)
| Rs3,680/- (incl VAT)
| N/A |
| Card Replacement Fee | Rs 575/- (incl VAT)
| Rs 575/- (incl VAT)
| N/A |
| Late Payment Fee | Rs500/- (fixed) | Rs500/- (fixed) | N/A |
| Overlimit Fee | Rs500/- (fixed) | Rs500/- (fixed) | N/A |
| Interest Charges | 1.90% per month, 22.8% yearly | 1.90% per month, 22.8% yearly | N/A |
e | Business Card | | | |
| First Issue Fee / Annual Fee | N/A | Rs517.5/- (incl VAT)
| N/A |
| Card Replacement Fee | N/A | Rs402.50/- (incl VAT) | N/A |
| Request for increase in limit | N/A | N/A | N/A |
| Late Payment Fee | N/A | Rs225/- (fixed) | N/A |
| Cash Advance Fee
(Local and Foreign) | N/A | 2% of withdrawn amount.
Minimum Rs100/- | N/A |
f | Common charges for Credit Cards | | | |
| PIN Re-issuance Fee | Rs 57.5 /- (incl VAT)
| Rs 57.5 /- (incl VAT)
| N/A |
| Overlimit Fee (except for Infinite Card) | Rs200/- (fixed) | Rs200/- (fixed) | N/A |
| Interest Charges (except for Infinite Card) | 2% per month, 24% yearly | 2% per month, 24% yearly | N/A |
| Request for increase in limit (except Classic Card) | Free | Free | N/A |
| Cash Advance Fee (Local and Foreign) | 2.5% of withdrawn amount.
Minimum Rs125/- | 2.5% of withdrawn amount.
Minimum Rs125/- | N/A |
| Replacement Card Fee (sent abroad) | Replacement fee + Additional courier charges for cards sent abroad | Replacement fee + Additional courier charges for cards sent abroad | N/A |
| Statement Request Fee | Rs25/- per page + Rs500/- if beyond 2 years | Rs25/- per page + Rs500/- if beyond 2 years | N/A |
| Conversion Fee | 3.0% of the amount on Foreign Currency transactions | 3.0% of the amount on Foreign Currency transactions | N/A |
11 | | FCY Credit Cards | | |
a | EUR INFINITE Card | | | |
| First Issue Fee / Annual fee | Eur 74.75 (incl VAT) | Eur 74.75 (incl VAT)
| N/A
|
| First Issue supplementary fee/Annual fee
| Eur 74.75 (incl VAT)
| Eur 74.75 (incl VAT)
| N/A
|
| Replacement fee (Damaged)
| Eur 74.75 (incl VAT)
| Eur 74.75 (incl VAT)
| N/A
|
| Lost/Stolen Fee
| Eur 74.75 (incl VAT)
| Eur 74.75 (incl VAT)
| N/A
|
| Overlimit fee
| Eur 8.05 (incl VAT)
| Eur 8.05 (incl VAT)
| N/A
|
| Renewal fee
| Eur 74.75 (incl VAT)
| Eur 74.75 (incl VAT)
| N/A
|
| Increase Limit fee
| Eur 5.75 (incl VAT)
| Eur 5.75 (incl VAT)
| N/A |
| Interest rate per Annum (%)
| 21%, yearly
| 21%, yearly
| N/A |
| Late payment fee
| Eur 8.05 (incl VAT)
| Eur 8.05 (incl VAT)
| N/A |
| Cash Withdrawals transaction Fee (ATM)
| 2% MINIMUM 5.75 EUR (incl VAT)
| 2% MINIMUM 5.75 EUR (incl VAT)
| N/A |
| ATM Balance Inquiry Fee
| Eur 2.3 (incl VAT)
| Eur 2.3 (incl VAT)
| N/A |
| Duplicate statement fee
| Eur 1.15 per page (Incl VAT)
| Eur 1.15 per page (Incl VAT)
| N/A |
| PIN re-issuance
| Eur 2.3 (incl VAT)
| Eur 2.3 (incl VAT)
| N/A |
b | USD Platinum Card | | | |
| First Issue Fee / Annual fee
| USD 96.6 (incl VAT)
| USD 96.6 (incl VAT)
| N/A
|
| First Issue supplementary fee/Annual fee
| USD 48.3 (incl VAT)
| USD 48.3 (incl VAT)
| N/A
|
| Replacement fee (Damaged)
| USD 5.75 (incl VAT)
| USD 5.75 (incl VAT)
| N/A
|
| Lost/Stolen Fee
| USD 5.75 (incl VAT)
| USD 5.75 (incl VAT)
| N/A
|
| Overlimit fee
| USD 5.75 (incl VAT)
| USD 5.75 (incl VAT)
| N/A
|
| Renewal fee
| USD 96.6 (incl VAT)
| USD 96.6 (incl VAT)
| N/A
|
| Increase Limit fee
| USD 5.75 (incl VAT)
| USD 5.75 (incl VAT)
| N/A
|
| Interest rate per Annum (%)
| 23%
| 23%
| N/A
|
| Late payment fee
| USD 5.75 (incl VAT)
| USD 5.75 (incl VAT)
| N/A
|
| Cash Withdrawals transaction Fee (ATM)
| 2.5% MIN 5.75 USD (incl VAT)
| 2.5% MIN 5.75 USD (incl VAT)
| N/A
|
| ATM Balance Inquiry Fee
| USD 2.3 (incl VAT)
| USD 2.3 (incl VAT)
| N/A
|
| Duplicate statement fee
| USD 1.15 per Page (incl VAT)
| USD 1.15 per Page (incl VAT)
| N/A
|
| PIN re-issuance
| USD 2.3 (incl VAT)
| USD 2.3 (incl VAT)
| N/A
|
c | USD Infinite Card | | | |
| First Issue Fee / Annual fee
| USD 138 (incl VAT)
| USD 138 (incl VAT)
| N/A
|
| First Issue supplementary fee/Annual fee
| USD 69 (incl VAT)
| USD 69 (incl VAT)
| N/A |
| Replacement fee (Damaged)
| USD 5.75 (incl VAT)
| USD 5.75 (incl VAT)
| N/A |
| Lost/Stolen Fee
| USD 5.75 (incl VAT)
| USD 5.75 (incl VAT)
| N/A |
| Overlimit fee
| USD 5.75 (incl VAT)
| USD 5.75 (incl VAT)
| N/A |
| Renewal fee
| USD 138 (incl VAT)
| USD 138 (incl VAT)
| N/A |
| Increase Limit fee
| USD 5.75 (incl VAT)
| USD 5.75 (incl VAT)
| N/A |
| Interest rate per Annum (%)
| 23%
| 23%
| N/A |
| Late payment fee
| USD 5.75 (incl VAT)
| USD 5.75 (incl VAT)
| N/A |
| Cash Withdrawals transaction Fee (ATM)
| 2.5% MIN 5.75 USD (incl VAT)
| 2.5% MIN 5.75 USD (incl VAT)
| N/A |
| ATM Balance Inquiry Fee
| USD 2.3 (incl VAT)
| USD 2.3 (incl VAT)
| N/A |
| Duplicate statement fee
| USD 1.15 per Page (incl VAT)
| USD 1.15 per Page (incl VAT)
| N/A |
| PIN re-issuance
| USD 2.3 (incl VAT)
| USD 2.3 (incl VAT)
| N/A |
12 | | Loans and Advances | | |
a | Processing Fee - Overdraft / Loan / Bills Discounted (New or Additional) | | | |
| (i) Fully secured by Cash Deposit (with margin) | 1.25%
Minimum Rs1,500/- and Maximum Rs50,000/- | 1%
Minimum Rs1,000/- and Maximum Rs25,000/- | N/A |
| (ii) Others | Up to Rs5.0M: 1.25%
Minimum Rs2,000/- and Maximum Rs50,000
Secured, home, educational & car loan: 1.25%
Consumer Loan: 1.50% | 1% Minimum Rs1,000/-
Secured, home, educational & car loan: 1.25%
Consumer Loan: 1.50% | N/A |
| | Above Rs5.0M: 1.25%, Maximum Rs100,000/- | For SMEs (Up to Rs5.0M): 1%
Minimum Rs1,000/- and Maximum Rs25,000 | N/A |
| | | For SMEs (Above Rs5.0M): 1%
Maximum Rs100,000/- | N/A |
| (iii) Temporary increase in Overdraft Limit | 1% pro rata, Minimum 1 month | 1% pro rata, Minimum 1 month | N/A |
b | Processing Fee - Overdraft (Renewal at existing level) | 0.5%
Minimum Rs500/- and Maximum Rs25,000/- | 0.5%
Minimum Rs500/- and Maximum Rs50,000/- | N/A |
| Temporary Overdraft Facility | 0.50% pro rata, Minimum 1 month | 0.50% pro rata, Minimum 1 month | N/A |
| Penal fee exceeding authorised limit | (a) 2% p.a above the normal rate of interest for all new overdraft facilities granted on or after 01.01.14. (b) For overdraft facilities granted prior to 01.01.14 a penal rate of 6% p.a. is maintained above the normal rate
| 6% p.a. above the agreed rate of interest | N/A |
| Commitment fee | | | |
| Commitment fee payable quarterly in advance after three months as from date of sanction letter on undrawn balance
| 1% p.a. | 1% p.a. | N/A |
| Early Redemption / Prepayment Fee | No such fee will be charged on loans granted on or after 01.01.14. For loans granted prior to 01.01.14, a fee of 1% p.a. is maintained on amount paid in advance, except for facilities governed by Borrowers Protection Act.
| 1% p.a. on amount paid in advance over residual lifetime of loan
| N/A |
| | | For SMEs - 2% of loan amount prepaid
Minimum Rs3,000/- | N/A |
| Amendment Fee | Rs500/- | Rs500/- | N/A |
| Cancellation Fee | Rs1,000/- | Rs1,000/- | N/A |
| Monthly Loan Service Fee | Rs86.25/- (incl VAT)
| Rs86.25/- (incl VAT)
| N/A |
| Reschedulement Fee | 0.5% - Minimum Rs1,000/- | 0.5% - Minimum Rs1,000/- | N/A |
13 | | Legal charges for creation of security documents | | |
| Fixed / Floating Charges | Rs500/- | Rs1,000/- | N/A |
| Others | | | |
| Gages sans deplacement | Same as fixed / floating charges | Same as fixed / floating charges | N/A |
| Erasure of charges | Actual Government of Mauritius Charges + Rs500/- | Actual Government of Mauritius Charges + Rs500/- | N/A |
| Pari-Passu | Actual Government of Mauritius Charges + Rs1,000/- | Actual Government of Mauritius Charges + Rs1,000/- | N/A |
| Change in Security | Actual Government of Mauritius Charges + Rs1,000/- | Actual Government of Mauritius Charges + Rs1,000/- | N/A |
| Partial Erasure | Actual Government of Mauritius Charges + Rs500/- | Actual Government of Mauritius Charges + Rs500/- | N/A |
| Cession de Priorité | Actual Government of Mauritius Charges + Rs1,000/- | Actual Government of Mauritius Charges + Rs1,000/- | N/A |
| Crystallisation Fees | Rs500/- | Rs500/- | N/A |
| Change in Guarantor / Guarantee | Rs100/- | Rs100/- | N/A |
| Renewal of Charges / Sureties | Government fee + Rs200/- | Government fee + Rs500/- | N/A |
| Preparation of "Quittance & Mainlevée" | Actual Notary fee + Rs500/- | Actual Notary fee + Rs500/- | N/A |
| Search and MCIB Fee | Housing and other secured advances: Rs600/-
Consumer Loans: Rs200/- | Corporate: Rs2,500/-
SMEs: Rs600/- | N/A |
| Site Inspection | Rs 575 /- (incl VAT) per site visit
| Rs 575 /- (incl VAT) per site visit
| N/A |
| Valuation of Property | Actuals as per valuer | Actuals as per valuer | N/A |
| Reminder Fee (account in arrears) | Free | Free | N/A |
14 | | Import Transactions | | |
| Letter of Credit Opening
Commission and Extension Commission | | | |
| First 6 months | 0.5% - Minimum Rs800/- | 0.5% - Minimum Rs800/- | N/A |
| Each additional quarterly period | 0.25% - Minimum Rs800/- | 0.25% - Minimum Rs800/- | N/A |
| Amendment Commission other than increase / extension | Rs500/- | Rs500/- | N/A |
| Extension of Letter of Credit validity and increase in amount | Extension: 0.25% per quarter - Minimum Rs800/- Increase in amount: 0.50% - Minimum Rs800/-
| Extension: 0.25% per quarter - Minimum Rs800/- Increase in amount: 0.50% - Minimum Rs800/-
| N/A |
| Transmission Cost by SWIFT
| | | |
| Opening Letter of Credit | Rs500/- | Rs500/- | N/A |
| Amendment on Letter of Credit | Rs300/- | Rs300/- | N/A |
| Letter of Credit Negotiating Charges | | | |
| Letter of Credit negotiating commission | 0.25% - Minimum Rs500/- | 0.25% - Minimum Rs500/- | N/A |
| SWIFT Charges | Rs200/- | Rs200/- | N/A |
| Local Fee | Rs200/- | Rs200/- | N/A |
| Letter of Credit Acceptance Commission | | | |
| Commission | 0.125% per month - Minimum Rs500/- | 0.125% per month - Minimum Rs500/- | N/A |
| Cancellation Fee | | | |
| Commission | Rs150/- plus overseas bank charges where applicable | Rs150/- plus overseas bank charges where applicable | N/A |
| Unutilised Fee | | | |
| Commission | Rs500/- plus overseas bank charges where applicable | Rs500/- plus overseas bank charges where applicable | N/A |
| Issue of Shipping Guarantee | | | |
| Commission first two months | Rs800/- | Rs800/- | N/A |
| Thereafter monthly | Rs400/- | Rs400/- | N/A |
| Import Collection Bills (Payment) | | | |
| Negotiating Commission | 0.5% - Minimum Rs500/- | 0.5% - Minimum Rs500/- | N/A |
| SWIFT | Rs200/- | Rs200/- | N/A |
| Local Fee | Rs200/- | Rs200/- | N/A |
| Handling Fee | Rs500/- every fortnight on each unpaid bill | Rs500/- every fortnight on each unpaid bill | N/A |
| Protest Fee | USD200/- or equivalent | USD200/- or equivalent | N/A |
| Others | Rs500/- fortnightly on overdue bills | Rs500/- fortnightly on overdue bills | N/A |
| Local Bills | | | |
| Collection of local bills | 0.50% flat - Minimum Rs500/- | 0.50% flat - Minimum Rs500/- | N/A |
15 | | Export Transactions | | |
| Letter of Credit advising commission | Rs400/- | Rs400/- | N/A |
| Letter of Credit amendment commission | Rs400/- | Rs400/- | N/A |
| Confirming Documentary Credit | | | |
| Adding confirmation | As per arrangement | As per arrangement | N/A |
| Transferring Documentary Credit | | | |
| Transfer Fee | Rs600/- | Rs600/- | N/A |
| Transfer Fee outside Mauritius | 0.25% - Minimum Rs800/- + SWIFT Charges Rs175/- | 0.25% - Minimum Rs800/- + SWIFT Charges Rs175/- | N/A |
| Amendment to transfer | Rs400/- per transaction + SWIFT Charges if applicable
| Rs400/- per transaction + SWIFT Charges if applicable
| N/A |
| Unutilised Fee
| Rs800/-
| Rs800/-
| N/A |
| Cancellation Fee
| Rs800/-
| Rs800/-
| N/A |
| Negotiating Commission (L.C / Collection) | | | |
| Payment / Negotiation Commission | 0.50% - Minimum Rs400/-
| 0.50% - Minimum Rs400/-
| N/A |
| Handling Fee | Rs500/-
| Rs500/-
| N/A |
| Local Fee | Rs200/-
| Rs200/-
| N/A |
| Courier Service
| Actual amount as claimed by courier
Minimum Rs1,200/-
| Actual amount as claimed by courier
Minimum Rs1,200/-
| N/A |
| SWIFT
| Rs175/- per SWIFT message
| Rs175/- per SWIFT message
| N/A |
| Registered Mail
| Rs200/-
| Rs200/-
| N/A |
| Discounting Export Bill
| | | |
| Discounting Fee
| Rs500/- | Rs500/- | N/A |
| Trade cover - open account financing only - handling fee
| Rs200/- | Rs200/- | N/A |
| Postage Fee | Rs500/- | Rs500/- | N/A |
16 | | Bank Guarantees | | |
| Tender Bonds | 1% flat for first 6 months and 0.25% for each additional 3 months - Minimum Rs750/-
| 1% flat for first 6 months and 0.25% for each additional 3 months - Minimum Rs750/-
| N/A |
| Performance Bonds | For amounts up to Rs6.0M: 1.5% p.a. On portion over Rs6.0M: 1% p.a. - Minimum Rs750/-
| For amounts up to Rs6.0M: 1.5% p.a. On portion over Rs6.0M: 1% p.a. - Minimum Rs750/- | N/A |
| Advance Payment Guarantees | 2% p.a. - Minimum Rs750/-
| 2% p.a. - Minimum Rs750/-
| N/A |
| Avalised Bills of Exchange | 2% p.a. - Minimum Rs1,000/-
| 2% p.a. - Minimum Rs1,000/-
| N/A |
| Customs Guarantees | 1.5% p.a. - Minimum Rs1,000/-
| 1.5% p.a. - Minimum Rs1,000/-
| N/A |
| Money Guarantees | 2% p.a. - Minimum Rs750/-
| 2% p.a. - Minimum Rs750/-
| N/A |
| Others | 1.5% p.a. - Minimum Rs1,000/-
| 1.5% p.a. - Minimum Rs1,000/-
| N/A |
| Amendment Fee other than for increase in amount / extend validity period
| Rs600/-
| Rs600/-
| N/A |
| Outward Remittances by Telegraphic Transfer | | | |
| Commission | Rs300/- plus overseas bank charges where applicable
| Rs300/- plus overseas bank charges where applicable
| N/A |
| SWIFT Charges | Rs200/- | Rs200/- | N/A |
| Outward Remittances by Draft | | | |
| Commission | Rs150/- plus overseas bank charges where applicable
| Rs50/- plus overseas bank charges where applicable
| N/A |
| Stop Payment on Draft | Rs200/- plus overseas bank charges where applicable
| Rs200/- plus overseas bank charges where applicable
| N/A |
| Inward Remittances | | | |
| Telegraphic Transfer (TT) | Rs150/- | Rs150/- | N/A |
| Drafts | Rs100/- plus overseas bank charges where applicable
| Rs100/ -plus overseas bank charges where applicable
| N/A |
| Debit to Foreign Currency Accounts | | | |
| Commission in lieu of Exchange | 0.50% on amount
Minimum USD25/- and Maximum USD250/-
| 0.50% on amount
Minimum USD25/- and Maximum USD250/- | N/A |
| General Charges | | | N/A |
| Invoice Substitution fee | Rs300/- (except for transfer of Letter of Credits)
| Rs300/- (except for transfer of Letter of Credits)
| N/A |
D | | GENERAL SERVICES | | |
17 | | Treasury Bills | | |
| Account Opening Fee | Rs250/- | N/A | N/A |
| Transaction Fee | 0.25% Minimum Rs 1,000/-
Maximum Rs 2,500/- | N/A | N/A |
18 | | Debit Cards | | |
| Annual Fee | N/A | N/A | N/A |
| Replacement of Lost / Stolen Cards | Rs115/- (incl VAT)
| Rs115/- (incl VAT)
| N/A |
| Debit Card PIN Replacement Fee | Rs57.5/- (incl VAT)
| Rs57.5/- (incl VAT)
| N/A |
| Urgent forwarding of card to overseas address | Actual costs | Actual costs | N/A |
| Conversion Fee | 3.0% of the amount on Foreign Currency transactions | 3.0% of the amount on Foreign Currency transactions
| N/A |
| Withdrawals | | | |
| Bank One ATMs | N/A | N/A | N/A |
| Other banks' ATMs (local and foreign) | Rs75/- flat | Rs75/- flat | N/A |
19 | | Internet Banking | | |
| Subscription Fee | Free | Free
| N/A |
20 | | Transfer Fee | | |
| MACSS | Rs100/- | Rs100/- | N/A |
| Normal | Rs10/- | Rs10/- | N/A |
| Internal | Rs 30/- over the counter
Free using Internet Banking
| Rs 30/- over the counter
Free using Internet Banking
| N/A |
21 | | Testimonials / Certificates | | |
| Audit Confirmation Certificate | Rs1,000/- | Rs1,000/- | N/A |
| Testimonial / Banker’s Reference Fee (conduct of account to banks abroad)
| Overseas: USD35/-
| Overseas: USD35/-
| N/A |
| Letter of Reference (conduct of account to local banks)
| Rs1,000/-
| Rs1,000/-
| N/A |
| Certificate of outstanding loan balance | Free | Rs1,000/- | N/A |
| Certificate of Interest / Balance / Liabilities / Others
| Free | Rs300/- | N/A |
| Financial Standing | 0.10%
Minimum Rs2,500/- and Maximum Rs10,000/-
| 0.10%
Minimum Rs2,500/- and Maximum Rs10,000/-
| N/A |
| Visa / Educational / Medical
| Rs100/-
| Rs100/-
| N/A |
| Copies of tax certificates at customer's request
| Rs100/-
| Rs100/-
| N/A |
22 | | Standing Instructions | | |
| Internal transfer | Rs 30/- over the counter
Free using Internet Banking | Rs 30/- over the counter
Free using Internet Banking | N/A |
| Transfer to other banks | Rs30/- | Rs30/- | N/A |
| Dishonoured Standing Orders for lack of funds
| Rs150/- | Rs150/- | N/A |
| Direct Debit | Rs6/- | Rs6/- | N/A |
| Unpaid Direct Debit due to lack of funds | Rs150/- | Rs150/- | N/A |
23 | | Cheques | | |
| Return Inward | Bank One cheque: Free
Other banks: Rs25/- per cheque | Bank One cheque: Free
Other banks: Rs25/- per cheque | N/A |
| Return Outward (clearing or at counter) | Rs350/- per cheque | Rs350/- per cheque | N/A |
| Stop Payment Orders | Rs100/- | Rs100/- | N/A |
| Office Cheque Issuance | Rs150/- | Rs150/- | N/A |
| Purchase of foreign cheques / banks draft
| Rs100/- | Rs100/- | N/A |
24 | | Safe Deposit Lockers | | |
| Annual Rental & Others | Size 16 x 11 x 50: Rs1,380 (incl VAT)
Size 31 x 11 x 50: Rs3,450 (incl VAT)
Size 32 x 26 x 50: Rs5,750 (incl VAT)
| Size 16 x 11 x 50: Rs1,380 (incl VAT)
Size 31 x 11 x 50: Rs3,450 (incl VAT)
Size 32 x 26 x 50: Rs5,750 (incl VAT)
| N/A |
| Access Fee | Free access twice a month.
Thereafter Rs150/- per access.
| Free access twice a month.
Thereafter Rs150/- per access.
| N/A |
| Loss of Key | Breakage Fee of Rs11,500/- (incl VAT)
| Breakage Fee of Rs11,500/- (incl VAT)
| N/A |
| Penalty Fee for non-payment of rental (after reminder)
| Rs500/- per day | Rs500/- per day | N/A |
25 | | Special Clearing | | |
| Inward | Rs200/- | Rs200/- | N/A |
| Outward | Rs100/- | Rs100/- | N/A |
26 | | Maintenance Fee | | |
| Dormant A/C | | | |
| • MUR
| Free
| Free
| N/A |
| • USD
| Free
| Free
| N/A |
| • EUR
| Free
| Free
| N/A |
| • Other Currencies
| USD equivalent as above
| USD equivalent as above | N/A |
| Inactive A/C | | | |
| • MUR
| Free
| Free
| N/A |
| • USD
| Free
| Free
| N/A |
| • EUR
| Free
| Free
| N/A |
| • Other Currencies
| USD equivalent as above
| USD equivalent as above
| N/A |
| Closure of A/C | | | |
| • MUR
| Rs200/-
| Rs200/-
| N/A |
| • USD
| $7/- | $7/- | N/A |
| • EUR
| USD equivalent as above
| USD equivalent as above
| N/A |
| • Other Currencies
| USD equivalent as above
| USD equivalent as above
| N/A |
27 | | Others | | |
| Emailing Statement | Rs25/-, frequency weekly
| Rs25/-, frequency weekly
| N/A |
| Fax / Email Transmission Cost
| Rs125/- per page (overseas);
Rs15/- per page (local)
| Rs125/- per page (overseas); Rs15/- per page (local)
| N/A |
| Current Account Statement by Fax
| Ad hoc: Rs50/- per account per fax.
On daily basis: Rs750/- per account per month.
| Ad hoc: Rs50/- per account per fax. On daily basis: Rs750/- per account per month.
| N/A |
| Savings A/C - Statement on Request
| For monthly statement: Rs100/- per month
| For monthly statement: Rs100/- per month
| N/A |
| Duplicate Statement of Account
| Rs25/- per page + Rs500/- if beyond 2 years
| Rs25/- per page + Rs500/- if beyond 2 years
| N/A |
| Information from Archives
| Search Fee of Rs150/- + Rs50/- per page
| Search Fee of Rs150/- + Rs50/- per page
| N/A |
| Duplicate Passbook Issuance
| Rs100/-
| Rs100/-
| N/A |
| Processing Fee for Succession Account
| Rs500/-
| Rs500/-
| N/A |
| MNS Fee
| N/A | Rs100/- per item | N/A |
| Payroll Fee
| Rs5/- per item (external)
| Rs5/- per item (external) | N/A |
| Investigation Charges
| Rs300/- per item
| Rs300/- per item
| N/A |
| Photostat Copy
| Rs15/- per page
| Rs15/- per page
| N/A |
| SME Package Fee / Monthly Service Fee
| Rs 287.5 (incl VAT) Monthly
| Rs 287.5 (incl VAT) Monthly
| N/A |