Rates & Charges
At Asha Payment Bank, we are committed to transparency and ensuring that our customers are well-informed about the rates and charges associated with our banking services. Below is an overview of our standard rates and charges for various banking products and services:
1. Savings Account:
- Minimum Balance Requirement: No minimum balance requirement.
- Account Closure Fee: Nil
- Debit Card Annual Fee: Rs. 100 (waived for the first year)
- ATM Withdrawal Charges: First 5 transactions free at Asha Payment Bank ATMs; Rs. 20 per transaction thereafter.
- NEFT/RTGS Transactions: Inward transactions free; outward transactions subject to charges as per RBI guidelines.
- Cheque Book Issuance: First 25 leaves free; Rs. 2 per additional leaf.
- SMS Alert Charges: Free for transaction alerts; Rs. 15 per quarter for balance alerts.
2. Current Account:
- Minimum Balance Requirement: No minimum balance requirement.
- Account Maintenance Fee: Nil
- Cheque Book Issuance: First 50 leaves free; Rs. 3 per additional leaf.
- NEFT/RTGS Transactions: Inward transactions free; outward transactions subject to charges as per RBI guidelines.
- Cash Deposit/Withdrawal: Rs. 2 per thousand or part thereof, subject to a minimum of Rs. 50 for cash deposit/withdrawal exceeding Rs. 25,000 per day.
3. Debit Card:
- Debit Card Issuance Fee: Rs. 200 (one-time)
- Debit Card Annual Fee: Rs. 100 (waived for the first year)
- Lost Card Replacement Fee: Rs. 250
- International Transaction Fee: 3.5% of transaction amount
- ATM Withdrawal Charges: At Asha Payment Bank ATMs: First 5 transactions free; Rs. 20 per transaction thereafter. At other bank ATMs: Rs. 20 per transaction.
4. Loans and Credit Facilities:
- Processing Fee: Up to 2% of the loan amount, depending on the type of loan.
- Prepayment Charges: Nil for loans with floating interest rates; applicable for loans with fixed interest rates as per terms and conditions.
- Late Payment Fee: 2% per month on the overdue amount.
5. Fastag:
- Fastag Issuance Fee: Rs. 100 (one-time)
- Recharge/Top-Up Fee: Nil for online recharges; Rs. 100 at designated recharge centers.
- Convenience Fee: As per NHAI guidelines.
Please note that the above rates and charges are subject to change at the discretion of Asha Payment Bank. For the most up-to-date information on rates and charges, please visit our website or contact our customer service helpline.
We are committed to ensuring that our customers receive value for their money and have access to transparent and affordable banking services. If you have any questions or require further clarification on our rates and charges, please do not hesitate to reach out to us.