Canara Bank · statement narration
SI CHG
A charge relating to a standing instruction on your account.
In plain English
A charge relating to a standing instruction on your account.
Also printed as STANDING INSTRUCTION CHG, SI CHARGES, SI FAILURE CHG.
Hinglish mein
Standing instruction se juda charge.
What it costs, including GST
Retail Banking Service Charges · Branch
₹118
₹100.00 before tax
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Canara Bank accounts; standing instructions. GST is additional.
Documented waiver: Exempt: standing instructions from a guardian to a minor account, between parent and child accounts, between spouses, from a co-obligant to a borrower, and to the customer's own loan, recurring deposit or deposit accounts.
Retail Banking Service Charges · Branch
₹118
₹100.00 before tax
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Canara Bank accounts; standing instructions. GST is additional.
Documented waiver: Exempt: standing instructions from a guardian to a minor account, between parent and child accounts, between spouses, from a co-obligant to a borrower, and to the customer's own loan, recurring deposit or deposit accounts.
Retail Banking Service Charges · Branch
₹47.20
₹40.00 before tax
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Canara Bank accounts; standing instructions. The page adds actual remittance charges on top and does not quantify them, so only the per-debit element is stored as the figure. GST is additional.
Documented waiver: Exempt: standing instructions from a guardian to a minor account, between parent and child accounts, between spouses, from a co-obligant to a borrower, and to the customer's own loan, recurring deposit or deposit accounts.
Retail Banking Service Charges · Branch
₹41.30
₹35.00 before tax
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Canara Bank accounts; standing instructions. GST is additional.
Documented waiver: Exempt: standing instructions from a guardian to a minor account, between parent and child accounts, between spouses, from a co-obligant to a borrower, and to the customer's own loan, recurring deposit or deposit accounts.
Why it happened
A standing instruction was executed, or could not be executed for want of balance.
How to avoid it
Keep sufficient balance before the instruction date. Transfers within the same bank are usually free.