BOI (Bank of India) Kiosk commission chart 2021

BOI

bank of baroda csp commission chart pdf

Today I will explain to you about the commission chart of BOI bank, bank bc commission you should be always updated with the latest information like CSP news, their commission chart, etc.

This chart list is updated on 4th January 2021, and this chart is applicable for all the authorized representatives, corporate BC agents, Individual BC agents, and for all the BOI’s CSP out there,

Here is the BOI commission chart is given below:

  1. bank mitra sbi Account opening for BF for BC (rs. 10/-)
  2. Account opening for the normal account (rs. 10/-)
  3. Account opened through e-KYC (Aadhar based) (rs. 20/-)
  4. Cash deposit – AEPS off-us & card & PIN per transaction limit rs. 10,000/- and per day transaction limit rs. 20,000/- (0.5% of transaction amount maximum rs. 25/-) *(per transaction limit is in line with the NPCI directive and further per day limit is in line with the industry practice)
  5. Cash withdrawal – AEPS off-us & card & PIN per transaction limit rs. 10,000/- and per day transaction limit rs. 20,000/- (0.5% of transaction amount maximum rs. 25/-) *(per transaction limit is in line with the NPCI directive and further per day limit is in line with the industry practice)
  6. Fund transfer per transaction limit rs. 10,000/- and per day transaction limit rs. 20,000/- (0.5% of transaction amount maximum rs. 25/-)
  7. Remittance for Non-Home transaction (rs. 20/- per transaction, customer to be charged at the rate of rs. 30/- to be shared between bank rs. 5/-, TSP rs. 5/- & BC rs. 20/-, for an account-to-account transfer per day limit will be rs. 20,000/-)
  8. Interbank remittance (through UPI mode) (rs. 20/- per transaction, customer to be charged at the rate of rs. 30/- to be shared between bank rs. 5/-, TSP rs. 5/- & BC rs. 20/-, maximum transaction limit rs. 10,000/- per day)
  9. Recurring deposit (rs. 10/- per account) only through transfer handling i.e. through cheque or if the online system is made available then through ICT led devices
  10. Term deposit (mobilization) – (0.5% of transaction amount maximum rs. 25/-) Maximum amount rs. 100,000/- i.e. through cheque by branch or if the online system is made available then through ICT led devices
  11. Aadhar seeding – (rs. 5/- for successful seeding/linking)
  12. Rupay card activation – rs 5/- per account for Pradhan Mantri Jan Dhan Yojana account for activated (involving finance transaction) Rupay cards through BC outlet
  13. Accounts loans sourcing (0.5% of sanctioned amount minimum rs. 100/- maximum rs. 5000/-)
  14. In small loans up to rs. 25,000/- charges will be paid lump-sum
  15. In case of sanctioned limit over rs. 25,000/- fees shall be paid in stages as 50% of the eligible amount at the time of sanction and then 25% at the time of documentation, disbursement, creation of assets 25%- to facilitate recovery on the due date (In case of demand/term loan, repayment is observed at least for six months in case of monthly installments, two quarters for quarterly installments, one-half year if it is half-yearly installments and one year in case of annual installments).
  16. Third-party financial products like insurance life & non-life, pension, etc. (25% of commission amount earned by the bank in bank’s assurance products) bank of baroda franchise
  17. For social security & pension schemes, etc. launched in the bank based on DFS, MoF, Gol directive: Pradhan Mantri Suraksha Bima Yojana – (rs. 1/- per account *provided by the insurance company), Pradhan Mantri Jeevan Jyoti Bima Yojana (rs. 30/- per account *provided by the insurance company)
  18. For APY (Atal pension yojana) – (rs. 80/- per account provided by PFRDA/GOI)

Quarter-wise payable BOI commission as per DFS guidelines is as under:

  • June, July, and august full commission of rs. 30/- is payable.
  • September, October, and November rs. 22.50/- is payable.
  • December, January, and February rs. 15/- is payable.
  • March, April & May, rs. 7.5/- is payable
  • bank of india bc commission

(Provide by the insurance company)

This was all about the basics of the commission chart for BOI in 2021.

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