Transaction Banking
KVB's Transaction Banking offers an integrated solution to support the working capital functions of any organization. With a robust electronic transaction banking platform and a comprehensive set of products for Collections, Payments and Supply Chain Finance, KVB supports your need to manage working capital more efficiently. Large or small, we have a solution tailored for you, delighting you with our blend of tradition and technology.
- Offers an integrated solution to support the working capital functions.
- Robust electronic transaction banking platform.
- A comprehensive set of products for Collections, Payments and Supply Chain Finance.
- Offers Transaction Banking solutions for all business segments.
- Designed after extensive research of expectations and requirements of corporates.
| Cash Management Services |
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| Supply Chain Finance |
|
- Strong nation-wide Branch network.
- Secured online platform.
- Simple and seamless transaction processing.
- Customized MIS helping simplification of reconciliation.
- Quick TAT.
- Comprehensive solutions to cater to the requirements of the corporates and their whole Supply Chain.
- Cost - effective.
- Dedicated customer service.
Service Charge Details – Cash Management Services
Collections Products
| Products | MAB up to 10 Lakhs | MAB more than 10 Lakhs |
|---|---|---|
| Local Cheque | ||
| Cheque Collection/Deposit Charges | Rs.25 per instrument | Rs.10 per instrument |
| Transfer Cheque | Free | Free |
| RTGS/NEFT Inward | Free | Free |
| Cash remittance charges (at base and non-base branches) | Rs.2.50 per 1000 from first rupee onwards subject to Min charge of Rs.20+GST | Rs.2.00 per 1000 from first rupee onwards subject to Min charge of Rs.20+GST |
| Cash Pickup charges | Based on feasibility study and agreed rate with service provider | |
Payment Products
| Products | MAB up to 10 Lakhs | MAB more than 10 Lakhs |
|---|---|---|
| DD Printing & Cheque Writing | Rs.50/- per instrument | Rs.25/- per instrument |
| RTGS outward | Rs.15/- per transaction | Rs.10/- per transaction |
| NEFT outward | Rs.10/- per transaction | Rs.10/- per transaction |
| Internal Funds Transfer | Free | Free |
API Service Charges
One-time setup fees:
| Description | New Rate |
|---|---|
| VA/Merchant Onboarding | ₹25.00 |
| API Technical setup and integration fee | ₹2,00,000.00 |
Pay-Out API services:
API Service Charges for RTGS/NEFT: NIL if MAB of ₹5.00 crores was maintained in the previous month and if MAB is not maintained applicable charges will be recovered as per bank charges.
API Services Charges for IMPS:
| S No | Daily Transaction < 5 Cr | Daily Transaction >= 5 Cr | ||
|---|---|---|---|---|
| Slab (₹) | New Rate (₹) | Slab (₹) | New Rate (₹) | |
| 1 | 0 - 1000 | 2.5 | 0 - 1000 | 1.5 |
| 2 | 1000 - 25000 | 3.5 | 1000 - 25000 | 2.5 |
| 3 | > 25000 | 5 | > 25000 | 5 |
Pay-In API services:
API Service Charges for RTGS/NEFT: NIL if MAB of ₹5.00 crores was maintained in the previous month and if MAB is not maintained, applicable charges mentioned below includes RTGS/NEFT transactions for computing volume.
API Service Charges for UPI/IMPS:
| Description | New Rate |
|---|---|
| Pay in Charges (Volume based) | 0.05% |