FEES/CHARGES PAYABLE TO BF/BCA

 

VIDHARBHA KONKAN GRAMIN BANK
                    HEAD OFFICE
Fee structure and rates of compensation to BCA
Minimum performance required from BCA in a month

 

Sr.

No.

Serviceto berendered

Minimumquantityper

month

1

Opening ofdepositaccounts

20

2

Generatingeligibleloan applications

05

3

SellingMicro-Insurance

05

4

RecoveryinNPA/writtenoff accounts

2%    of    the    NPA/WO

amountinthevillage

5

Formation   and/or   nurturing   of   SHGs   by

attendingmeetings

02

6

TransactionsthroughPOS/Kisoks.

100

7

Conductingcustomers’meet/FLC camp

01

 

BCA will be paid compensation as per the following structure as
variable charges plus fixed amount of Rs. 5000/- per month

 

Sr.No.

Services

Compensation to BCA

1

Account      opening      SB/BSBDA(No frill)/RD

Rs.10/- per account

2

CashDeposittransactiononPOS/Kiosk.

0.5% ofamount

3

Cash     withdrawal     transaction     on

POS/Kiosk.

0.5% ofamount

4

Non-cash transactionson POS/Kiosk.

Rs. 0.50pertransaction

5

TermDepositmobilisation

0.2% ofamountmobilised

6

RecoveryinNPA&WO accounts

0.25%      of      the      amount

recoveredinNPA

 

 

0.50%ofamountrecoveredin

WOaccounts

7

Remittances

0.5% ofamount

 

Sr.No.

Services

Compensation to BCA

8

Generation ofloan proposal– upon sanctionofthe same bybranch

i)   0.25%   of   sanctioned   amount   subject   to minimum Rs.100/- & maximumRs.500/-.

 

ii)Forlimits uptoRs.25, 000/-,fees tobe paidin lumpsum.

 

iii)   in   cases   of   Sanctioned   limits   above

Rs.25000/-fees tobepaidinstages asfollows

 

 

·    50%ofeligibletotalamountatthetimeof sanction.

·    25%  at  the  time  of  documentation  &

creation of assets,ifany.

·    25%after6monthsifrecoveryisregular (Incase ofannualinstallmentsafterone year).

9

Renewal                 of

CC/KCC/GCC

Rs. 25/- per accountprovided accountis inorder

&renewaldocumentisobtainedatthetimeof renewal.

10

Micro-insurance

0.5% ofthe premiumamount.

11

SHG Linkage

Rs.250/-per SHG

12

ConductingFinancial

Literacycamps

Rs. 100/- per camp.

 

IT Team
Levels Contact Person Designation Landline with STD Mobile Email ID
Level 0 Mr. Makarand Patki Asst. Manager 0712-2224319/20/21/22 7774045444 vkgb.hoit@vkgb.co.in
Level 1 Mr. Vidyadhar Patil Chief Manager 0712-2224319/20/21/22 7774045006 vkgb.hoit@vkgb.co.in
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