The Karur Vysya Bank Limited · statement narration
CHQ BOOK CHG
A charge for cheque leaves issued beyond the free allowance for the year.
In plain English
A charge for cheque leaves issued beyond the free allowance for the year.
Also printed as CHEQUE BOOK CHARGES, CHQBK CHG, CHEQUE BOOK ISSUE, CHQ BK ISSUE CHG.
Hinglish mein
Saal ki free limit se zyada cheque leaves lene par lagta hai.
What it costs, including GST
Regular Savings Account · Branch
25 cheque leaves free per annum, thereafter Rs10 per leaf
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| First 25 cheque leaves (annual) | ₹0 | — |
| Each cheque leaf after that | ₹10 | ₹11.80 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Karur Vysya Bank Regular Savings Account (155 product) only. Senior Citizen product has a different ₹3-per-leaf treatment and is not flattened into this rule.
Why it happened
You were issued cheque leaves beyond your account's free allowance.
How to avoid it
Stay within the free leaves each financial year and use digital transfers instead of cheques where possible.