Bank Fee Audit
Pick your bank and the exact account you hold, and this adds up what its own published tariff says you pay across five charge types: minimum balance (AMB/MAB) penalty, IMPS, NEFT, ATM and card forex markup.
It is a partial figure, not your full account cost. SMS alert fees, debit card annual maintenance and cheque book charges are not counted, and a charge is only ever counted where we hold a rule recorded against the account variant you select — never one borrowed from a different variant of the same bank.
33 banks with verified tariff records on file.
Used to match the documented balance band.
Counted only where an ATM tariff is on file.
Pick your bank and account type on the left. Charges differ between account variants of the same bank, so the audit waits for both before showing a figure.
A partial figure, not a full account cost. It covers five charge types only — minimum balance (AMB/MAB) penalty, IMPS, NEFT, ATM and card forex markup — and counts a charge only where we hold a rule recorded against the account variant you pick. It is a starting point for checking your statement, not a bill.
SMS alert fees, debit card annual maintenance, cheque book charges and everything else on the tariff schedule are not included — the total is lower than what your account actually costs, not higher.
We deliberately do not tell you which bank to switch to. That would need a verified, like-for-like comparison of the other product's own charges, and we publish a number only once we hold it from the official source.
Compare published charges across banksEvery figure above traces to a fee rule with a source document and a retrieval date.
What this audit counts — and what it leaves out
The calculator prices five charge types, and only where the rule is recorded against the account variant you selected. Everything else below is real and worth checking on your own statement, but it is not in the total.
Counted (5)
- Minimum balance (AMB / MAB) non-maintenance penalty
- IMPS transfer charges
- NEFT transfer charges
- ATM transaction charges
- Foreign currency markup, from your card's record
Not counted
- SMS alert fees
- Debit card annual maintenance (AMC)
- Cheque book and demand draft charges
- Everything else on the bank's tariff schedule
So the total is lower than what your account really costs, not higher.
How savings account charges work
Background on the charge types themselves, whether or not the calculator above prices them. Unlike upfront loan or credit card fees, these are debited quietly at quarterly or annual intervals, usually under cryptic statement codes. The figures here are typical market ranges, not your bank's published tariff — only the calculator above states a sourced number.
1. Quarterly SMS Alert Fees
Banks charge ₹15 to ₹50 + 18% GST every 3 months. Over 5 years, an ordinary savings account bleeds ₹1,000+ just for basic security text messages.
Not counted above2. Debit Card Annual Maintenance (AMC)
Unless you actively request a zero-AMC RuPay Classic card, banks auto-issue Visa/Mastercard Platinum cards billing ₹500–₹750 + GST annually.
Not counted above3. ATM Interchange & Decline Penalties
Exceeding 5 free monthly ATM withdrawals costs ₹21–₹23 + GST per transaction. Failed ATM attempts due to insufficient funds attract ₹25+ penalties.
Counted above4. Non-Maintenance (AMB / MAB) Penalties
Private banks require ₹10,000 to ₹25,000 average monthly balances in metros. A temporary shortfall incurs ₹200 to ₹600 + GST in fine deductions.
Counted above5. IMPS Transfer Slabs
While NEFT and RTGS are legally free online, instant 24x7 IMPS transfers can cost ₹2.50 to ₹15 + GST per transaction on select account variants.
Counted aboveCheck Before You Switch
Some accounts waive debit card AMC, SMS charges or balance penalties — but the terms vary by variant and change without notice. Compare the published charges side by side before moving, and read the bank's own tariff schedule.
Frequently Asked Questions (Bank Fee Leakage)
General background on savings account charges. The first two cover charge types the calculator above does not price — they are here because they are worth checking on your statement yourself, not because they are in the total.
Why do Indian banks charge quarterly SMS alert fees?
Under RBI guidelines, mandatory transaction SMS alerts are required for security. While telecom operators charge nominal fractions of a paisa per SMS, most commercial banks bill account holders ₹15 to ₹50 + 18% GST every quarter (₹60 to ₹200/year). Some accounts waive this charge entirely — check your own bank's published schedule of charges, as the terms differ by account variant.
How much does a Debit Card AMC cost annually?
Standard classic debit cards cost between ₹150 and ₹250 + 18% GST per year. Platinum, Millennia, and Coral cards cost ₹500 to ₹750 + GST. Premium or metal cards can exceed ₹1,000 to ₹3,500/year. Account holders can request basic RuPay Classic debit cards, which are issued with ₹0 annual maintenance charges at many public and private banks.
What are the RBI limits on ATM withdrawal charges?
As per RBI Master Direction, savings account holders get a minimum of 5 free transactions per month at their own bank ATMs, and 3 free transactions at other bank ATMs in 6 metro centers (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru, Hyderabad) or 5 in non-metro locations. Beyond this cap, banks are permitted to charge up to ₹21 to ₹23 (+ 18% GST) for cash withdrawals and ₹8.50 to ₹10 for non-financial balance inquiries.
Can minimum balance (AMB) penalties be charged without notice?
No. Under RBI Circular DBOD.No.Leg.BC.21/09.07.006/2015-16, banks are strictly prohibited from debiting AMB penal charges without giving the account holder a minimum 30-day prior intimation via SMS or email to restore their required balance.