Allahabad Bank - Education Loan, Study Loan, Loans for Education

Service Charges

SECTION D

DP Service Charges
For Beneficiary Accounts

Name of the Items	Revised
	Investors Account		Trader’s Account
A/c Opening	Nil		Nil
A/c Closing	Nil		Nil
Custody Charge	Nil		Nil
Dematerialization Charges
Equity Shares	Rs.3 per Certificate Minimum Rs.25 per Certificate + Mailing Charges(Free for Allahabad Bank Shares)		Rs.3 per Certificate + Mailing Charges (Free for Allahabad Bank Shares)
Bond/Debenture/G-Sec/Commercial Paper	Rs.50 per Request + Mailing Charges
Rematerialisation Charges	Rs.25 per certificate + Mailing Charges
Annual Membership Fee	Rs.300 p.a. Upfront		Rs.1200 p.a. Upfront
Transaction Fees (Per Transaction): (Equity/Bond/Debentures/ G-sec)
Market/Off-Market Transaction (Buy)	Nil	Nil
Market/Off-Market Transaction (Sell)	Rs.25	Rs.25 (Other DP) Rs. 10 (Allahabad Bank DP)
Transaction Fees (Per Transaction): (Commercial Papers)
Market/Off-Market Transaction (Buy)	Nil	Nil
Market/Off-Market Transaction (Sell)	Rs 1000/-	Rs 1000/-
Pledge
Creation	Rs 100/-	Rs 100/-
Closure/Invocation	Rs 50/-	Rs 50/-
Miscellaneous Charges
Documentation Fees (During Account Opening)	NIL (Cost of Stamp Paper to be paid Rs.10 at present)
Delivery Instruction Book	Re.1 per folio
Additional Statement (Current)	Rs.25 per statement	NIL
Instruction Received at Client’s Risk *	Rs.50 per transaction	Rs.25 per transaction
Instruction Failure Charges	Rs.50 per transaction	NIL

Note
1.	Annual Membership Fees will be taken upfront in first billing month. Annual Membership Fees will be charged on quarterly pro-rata basis for new clients.
2.	Custody Charges will be realized at the end of the financial year. No Minimum or Maximum charges applicable.
3.	Charges will be deducted from savings/current account to be opened by depository account holder.
4.	All charges are subject to revision as and when decided by the DP.
5.	*Instructions deemed at Client’s Risk Inter-depository transfer on the same day received after 14.00 hours. Off-market instruction with request to execute before 10.00 hours on the same day. Instructions submitted after 16.00 hours on the previous day of pay-in deadline.

Note

Postage and other Out of Pocket Expenses to be realized on actual basis over and above the Service Charges.
‘Service Tax’ to be levied extra as per circularized instruction.