Canara Bank · statement narration
CHQ RETURN CHG
A charge when a cheque is returned unpaid. Amounts differ depending on whether the cheque was one you issued or one you deposited.
In plain English
A charge when a cheque is returned unpaid. Amounts differ depending on whether the cheque was one you issued or one you deposited.
Also printed as CHEQUE RETURN CHARGES, CHQ BOUNCE CHG, RETURN CHG, INWARD RETURN CHG.
Hinglish mein
Cheque bounce hone par lagne wala charge. Aapne diya tha ya jama kiya tha, uske hisaab se amount alag hota hai.
What it costs, including GST
Retail Banking Service Charges · Branch
Cheque or instrument return, inward and outward: Rs 200 below Rs 1,000, Rs 300 to below Rs 10 lakh, Rs 500 to below Rs 50 lakh, Rs 1,000 to below Rs 1 crore, Rs 2,000 at Rs 1 crore and above.
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Below Rs 1,000 | ₹200 | — |
| Rs 1,000 to below Rs 10 lakh | ₹300 | — |
| Rs 10 lakh to below Rs 50 lakh | ₹500 | — |
| Rs 50 lakh to below Rs 1 crore | ₹1,000 | — |
| Rs 1 crore and above | ₹2,000 | — |
GST does not apply to this charge.
Applies when: Canara Bank SB/CA/OD/OCC accounts; a cheque or instrument returned, inward or outward. The page states GST is not applicable to this charge. No charge is levied where the instrument is returned for technical reasons or where the customer is not at fault.
Documented waiver: No charge where the instrument is returned for technical reasons or where the customer is not at fault.
Why it happened
A cheque was returned unpaid, most often for insufficient balance or a signature mismatch.
How to avoid it
Keep sufficient balance before the cheque is presented. Where the return was for a technical reason not caused by you, banks generally levy no charge and you can ask for a reversal.