p)

Bank Guarantee is arranged from other Bank

i) Where Applicant maintain 100% Margin with our Bank & we issue BG from other Bank where we have Line of Credit:-

All Types of Bank Guarantees

Upto 1.00 % p.a.+ Applicable Taxes (inclusive of Arranging Bank's commission) i.e. In all Total amount of commission to be recovered from customer shall not exceed 1% p.a. + Applicable Taxes

* If arranging Bank's commission is 1% p.a. or exceeds 1.00% p.a. Then : Actual commission charged by the

 Arranging bank + our Bank's commission @ 0.10% p.a. + Applicable Taxes

Mode of commission Collection

Up-front all charges, Irrespective of period of Guarantee

BG Cancellation/amendment/Invocation / Early Redemption/ Processing Charges

As Charged by Arranging Bank

Out of Pocket expenses

As Actual

ii) Where Applicant maintain Less than 100% Margin with our Bank & We arrange to issue BG from other Bank where we have Line of Credit-

All Types of Bank Guarantees

Arranging Banks commission will be charged as per arranging Banks card rate and same will be shared between arranging Bank and our Bank as per tie-up arrangement +Applicable Taxes

Mode of commission Collection

Up-front all charges, Irrespective of period of Guarantee

BG Cancellation/amendment/Invocation / Early Redemption/ Processing Charges

As Charged by Arranging Bank

     Out of Pocket expenses

As Actual

iii) Where Applicant maintain Less than 100% Margin with our Bank and Our Bank Maintain 100% Margin with Arranging/Correspondent Bank

All Types of Bank Guarantees

Commission charged by Arranging Bank + our commission Upto 1.00% P.a. +Applicable Taxes

Mode of commission Collection

Up-front all charges, Irrespective of period of Guarantee

BG Cancellation/amendment/Invocation / Early Redemption/ Processing Charges

As Charged by Arranging Bank

Out of Pocket expenses

As Actual

q)

Bill/Secured & Irrevocable Letter of Credit Discounting - Revised Commission/Interest/Charges Schedule

i) Commission

NIL

ii) Interest

1) If Customer has availed Cash credit Facility with bank.

Interest will be charged on per annum basis @ prevailing applicable rate of interest to his Cash Credit Account

2) If Customer is not having Cash credit Facility with bank.

Interest will be charged @ 10.50 %p.a.

3) Document Handling Charges

Upto 1% of LC Discounting amount, Minimum Rs.100/- and Maximum Rs.1000/- + App. Tax