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Dishonor/Returning Charges of Cheques/Bills

Description

Charges

Inward Returning  of Local/Outstation clearing cheques/bills

 ( Cheque drawn on us – issued by our customer)

Upto Rs.1 Lac

Rs.250/-

Above Rs.1 Lac and Upto Rs.10 Lacs

Rs.500/-

Above Rs.10 Lacs and Upto Rs.1 Cr

Rs.900/-

Above Rs.1 Cr

Rs.3500/-

Outward Returning  of Local/ Outstation clearing cheques/bills (Cheque deposited by our customer and returned by other Bank)

Upto Rs.1 Lac

Rs.200/-

Above Rs.1 Lac and Upto Rs.10 Lacs

Rs.400/-

Above Rs.10 Lacs and Upto Rs.1 Cr

Rs.750/-

Above Rs.1 Cr

Rs.2500/-

Cheque returned charges not to be charged wherever customer is not at fault or for any technical reasons. 

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“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”

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