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3rd December 2015, 06:11 PM
PMC Bank Charges

I shifted to Maharashtra and want to open account in the Punjab & Maharashtra Co-operative Bank but want details about this bank. Will you please tell me what the different PMC bank service charges also tell me where the Registered Office located?
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3rd December 2015, 06:12 PM
Super Moderator
Join Date: May 2012
Re: PMC Bank Charges

Punjab & Maharashtra Co-operative Bank is a Multi-State Scheduled Urban Co-operative Bank with its area of operation in the States of Maharashtra, Delhi, Karnataka ,Goa, Gujarat ,Andhra Pradesh and Madhya Pradesh.

PMC Bank Charges:

1 Current / OD / CC 0.50 paise per folio, Min Rs. 50/-
2 Withdrawal by cheque or otherwise exceeding 50 per half year ( Excluding system generated & alternate delivery channel of Bank)

2 Withdrawal by cheque or otherwise exceeding 50 per half year
Rs.2/- per withdrawal after the 50th transaction, subject to a maximum of Rs. 100/-

3 Issue of Duplicate Passbook Charges Rs. 50/-
4 Issue of Duplicate Account Statement Charges
Duplicate Statement of Account ( First Page Rs. 50/-
Additional Pages Rs. 5/- per page
5 Minimum Quarterly Balance in CA/SB A/cs and charges for non-maintenance
Type of Account Minimum Balance Charges(W.e.f. 01.04.2015)
Current Account Rs.3000/- Rs. 150/-
Savings Account (With Cheque Book facility) Rs. 500/-
Savings Account (With out Cheque Book facility) Rs. 250/-
6 Stop Payment Charges
If balance equivalent to cheque amount is maintained
Rs. 50/- per cheque, Multiple Cheques Max Rs. 1000/-
If balance equivalent to cheque amount is not maintained
Less than 1 Lakh Rs. 100/-
Above 1 Lakh to 10 Lakh Rs. 500/-
Above 10 Lakh to 50 Lakh Rs. 3000/-
Above 50 Lakh Rs. 5000/-
7 Account Closure Charges
If account ( Current & Savings ) closed within one year Rs. 50/-
Account Closed After One Year NIL
Service Tax extra
8 Charges For Non withdrawal of intimated cash Rs. 100/- per Lakh
9 Demand Draft Charges (HDFC / ICICI DD)
Upto Rs. 10,000/- Rs. 25/
Above Rs. 10,000/- to Rs. 25,000/- Rs. 35/-
Above Rs. 25,000/- to Rs. 50,000/- Rs. 50/-
Above Rs. 50,000/- to Rs. 1 Lakh Rs. 100/-
Above Rs. 1 Lakh to Rs. 2 Lakh Rs. 125/-
Above Rs. 2 Lakh to Rs. 3 Lakh Rs. 175/-
Above Rs. 3 Lakh to Rs. 4 Lakh Rs. 225/-
Above Rs. 4 Lakh to Rs. 5 Lakh Rs. 300/-
Above Rs. 5 Lakh Rs. 500/-


Toll Free Number

Registered Office
240, Shankar Sadan, Opp. Matalachmi Hospital,
Sion (East), Mumbai - 400 022.
Tel : (022) 2401 4197 / 2401 8200

Central Office
Office No. 4 & 5, 3rd Floor, Dreams Mall,
L. B. S. Marg, Bhandup (W),
Mumbai - 400 078.
Tel : (022) 6780 4000

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