4. TRANSACTION BANKING, CARDS & Delivery Channels

4.1

Cash Management – Virtual Account Service

4.1.1

VA Set up Fee

NPR 750/- per remitter

4.1.2

VA Commission

0.1% of amount remitted or NPR 500/-, whichever is higher.

4.2

Outwards fund transfer (INR) through RTGS/NEFT

4.2.1

For Payment on Day 0

0.25% or Min NPR 500/- Plus NPR 250/- towards communication

4.2.2

For Payment on Day 1

0.20% or Min NPR 400/- Plus NPR 250/- towards communication

4.2.3

For Payment on Day 2

0.15% or Min NPR 300/- Plus NPR 250/- towards communication

4.2.4

For Payment on Day 3- 4

0.10% or Min NPR 250/- Plus NPR 250/- towards communication

*Note

Payment on Day 0

Payment on Day 0

500K INR (Instantly)

Above 500K INR prior information shall be taken from treasury department

4.3

Safe Deposit Lockers

Annual Rental/Security Deposit


a) H125 W175 D492/

NPR 2,835 / NPR 10,000


b) H159 W210 D492/

NPR 3,735/ NPR 10,000


c) H189 W263 D492/

NPR 4,935/ NPR 10,000


d) H159 W423 D492/

NPR 5,985/ NPR 15,000


e) H321 W210 D492/

NPR 5,985/ NPR 15,000


f) H189 W529 D492/

NPR 7,785/ NPR 15,000


g) H321 W423 D492/

NPR 9,585/ NPR 20,000


h) H404 W529 D492/

NPR 13,185/ NPR 20,000

4.3.1

Surrender of Locker

NPR 5,000/- flat as service charge

4.3.2

Breaking of Lockers / Loss of key by the customer

NPR 6,000.00 plus Lock replacement charge and expense towards Travelling/lodging/fooding as per actual bill submitted by vendor

4.4

NIC ASIA VISA EMV Chip Debit Card

4.4.1

Issuance fee

NPR 1,500 /-(One Time payment), Or, Customers can pay in 5 installments (NPR 350/- per year)

Validity of card shall be 5 years.

4.4.2

Re-issuance (for lost cards/damaged)

NPR 500/- (for one year)

4.4.2.1

ATM Card Block Fee

Nil

4.4.2.2

ATM Card Unblock Fee

NPR 250 /-

4.4.3

Supplementary Card

NPR 500/-

4.4.4

Cash Withdrawal and Balance Enquiry



ATM Cash Withdrawal Fee within NIC ASIA Bank

NIL


ATM Cash Withdrawal other than NIC

ASIA Bank and NEPS member Bank

NPR 50/- (For all ATM Terminals)


ATM Cash Withdrawal in NEPS Member Bank’s Terminal

NPR 50/-


Balance Enquiry within NIC ASIA Bank

NIL


Balance Enquiry within NEP’s Member Bank’s Terminal

NPR 50/-


Balance Enquiry within other Visa ATM

NPR 50/-


Balance Enquiry within Visa ATM in India

NPR 50/-


ATM Cash Withdrawal Fee (In India)

NPR 250 per transaction

4.4.5

E-Commerce Activation

NPR 100 /-

4.4.6

E-Commerce Txn Fee

Nil

4.4.7

E- Commerce Annual Fee

NPR 100 /-

4.4.8

International Visa Card



Issuance Fee International Visa Card

NPR 1,500/-


International Card Cash Load

NPR 500/-


ATM Cash Withdrawal of Int’l Card used in Foreign Country

Minimum USD 5/- or 1.5%


Balance Enquiry within Visa ATM Foreign Country

USD 1/-

4.4.9

Pin Re-generation

NPR 250/-

4.5

Mobile Banking with SMS Alert

4.5.1

Registration

NPR 500 /-

4.5.2

Annual Maintenance Fee

NPR 300/-

4.5.3

Pin Regeneration

NPR 50/-.

4.6

Internet Banking


4.6.1

Registration

Individual: NPR 500 /- (b) Institutions: NPR 1,000 /-

4.6.2

Renewal

Individual: NPR 300/-

Institutions: NPR 750/-

4.6.3

Pin Re-generation

NPR 100/-

4.7

PSTN/Mobile/ADSL

Bill Payment (Non- Customer)

NPR 50/- per transaction

4.8

NIC ASIA VISA Credit Card

4.8.1

Service Fees


4.8.1.1


Joining Fee & Issuance Fee

Joining: NPR 1,000/-, Issuance NPR 1,000/- & NPR 1,000 for Supplementary Card

Validity of card shall be 5 years

4.8.1.2

Credit Review fee (MAINTAINANCE)

NPR 1,000 /-

4.8.1.3

Replacement Fee

NPR 1,000 /-

4.8.1.4

Reissuance Fee

NPR 1,000 /-

4.8.1.5

PIN regeneration FEE

NPR 250 /-

4.8.1.6

Limit enhancement fee (Temporary)

NPR 1,000 /-

4.8.1.7

Limit enhancement fee (Permanent)

NPR 1,000 /-

4.8.1.8

E-Commerce Activation

NPR 100 /-

4.8.1.9

E-Commerce TXN fee

Nil

4.8.1.10

E-Commerce Annual fee

NPR 100 /-

4.8.2

Transaction Fee

4.8.2.1

Cash withdrawal from NIC ASIA ATM

NPR 250 + 2%


4.8.2.2

Cash withdrawal Other Bank’s ATM and India


NPR 500 + 2.5%

4.8.2.3

Balance Inquiry from NICASIA ATM

NIL

4.8.2.4

Balance Inquiry from Other Bank’s ATM

NPR 75/-

4.8.3

Billing related fees

4.8.3.1

Late payment fee

NPR 500 /- or 1% of due amount whichever is higher

4.8.3.2

Over limit fee

NPR 700 /-

4.8.3.3

Minimum Payment

NPR 1,000 or 10% whichever is higher

4.8.4

Interest

4.9.4.1

Interest Rate

24% per annum

4.8.5

Unpaid Allowance

NPR 250

4.9

NIC ASIA International Credit Card

4.9.1

Service Fees


4.9.1.1

Joining Fee/Issuance Fee

USD 25

4.9.1.2

Supplementary Card

USD 10

4.9.1.3

Annual Fee

USD 25

4.9.1.4

Replacement Fee

USD 15

4.9.1.5

Reissuance Fee

USD 15

4.9.1.6

Pin regeneration Fee

USD 5

4.9.1.7

Limit enhancement Fee(Temporary)

USD 10

4.9.1.8

Limit enhancement Fee(Permanent)

USD 15

4.9.2

Transaction Fees


4.9.2.1

Cash Advance Fee Own ATM

USD 5 + 2% of Txn. Amt

4.9.2.2

Cash Advance Fee Other Bank ATMs

USD 5 + 2% of TxnAmt

4.9.2.3

Cash Advance Fee Other Bank ATMs Int’l

USD 5 + 2% of TxnAmt

4.9.2.4

Balance Inquiry Other Banks ATM Abroad

USD 3

4.9.3

Billing Related Fees


4.9.3.1

Late Payment Fee

Higher of USD 15 or 0.5% p.m of outstanding

4.9.2.2

Over Limit Fee

USD 15

4.9.2.3

Minimum Payment

USD 10 or 10% whichever is higher

4.9.4

Interest


4.9.4.4

Interest Rate

24% p.a.

4.9.5

E-Commerce

E commerce Activation – NPR 100 Ecommerce TXN Fee – NIL

E commerce Annual Fee – NPR 100

4.10

POS (Point of Sale)

Membership Fees

NPR 1,000 /-

Merchant Service Fee (MSF)

Commission offer by the Bank

Off-Us

On-US

3.50%

2-2.20%

4.11

Union Pay International (UPI) Transaction*

4.11.1

Cash Withdrawal

NPR 400 access fee + USD 1.375 Fee less 0.125 UPI charge

4.11.2

Balance Enquiry

USD 0.25 fee less USD 0.035 UPI charge

*In case of 4.11 Union Pay International (UPI) Transaction

Dispute resolution charges other than arbitration charge are temporarily waived for the overseas Institutions. The settlement of transaction done will happen in the next working day

4.12

NCHL Pricing Transactions

S.No.

Price

Transaction Amount Based Slab


Scheme

Up to 500

>500-5,000

>5K- 50K

>50K

1

NPR Transactions (Fee in NPR)-Others

2

5

10

15

2

NPR Transactions (Fee in NPR)-RTPS

15

3

FCY Transactions (Fee in NPR)

15

*For Dividend and IPO Refund payments, the transaction fee will be waived for transaction amount up to NRs 100.

4.12.2

Transactions

S.No.

Product/ Purpose

Code

Txn Type

Who Pays

1

Customer Transfer

CUST

DC

Debtor (ODFI)

2

Treasury Payment

TREA

DC

Debtor (ODFI)

3

Government Payment

GOVT

DC

Creditor (RDFI)

4

Remittance Payment

REMI

DC

Debtor (ODFI)

5

Dividend Payment

DIVI

DC

Creditor (RDFI)

6

IPO Refund Payment

IPOR

DC

Creditor (RDFI)

7

Salary Payment

SALA

DC

Creditor (RDFI)

8

Insurance Payment

INSU

DC/DD

Debtor (ODFI)

9

Installment Payment

INSM

DC/DD

Debtor (ODFI)

10

Credit Card Payment

CCRD

DC/DD

Debtor (ODFI)

11

Salary Payment Corporate

SALC

DC

Debtor (ODFI)

12

Fees Payment

FEEO

DC/DD

Debtor (ODFI)

13

Supplier Party Payment

SUPP

DC/DD

Creditor (RDFI)

14

Collection Payment

COLL

DD

Creditor (ODFI)

15

Real Time Payment Systems

RTPS

DC

Debtor (ODFI)

4.12.3

Other Charges

S.No.

Other Charge

Charge

Who Pays

1

Return Fee

0/ 100

Transaction Originator (ODFI) based on

2

Cancellation Fee

100

Transaction Originator (ODFI)

3

Archive Fee

200 / txn

Requesting member

4

Creditor Listing Fee

10,000 / year

Requesting member (Per creditor listing)

4.12.4

NCHL Fund Transfer Through Internet Banking and Mobile Banking

Flat NPR 30 /-