LFCEV charges in Bank of Baroda
LFCEV charge is Ledger folio charge. Bank of baroda takes ledger folio charges as per no. of transaction.
It is applicable to Current Account, CC, Over Draft account
Ledger folio charges (LFCEV remark in statement ) is Rs125/- per 25 entries (one folio).
LFCEV charges In Current Accounts:-
|Av. Credit Bal (Rs)||folios (per quarter) in Every 3 months|
|Account balance Up to 25000||All folios are chargeable|
|Above Rs 25000/- to Rs 1,00,000/-||Chargeable after 2 folios|
|Above Rs 1 to Rs 2 lac||Chargeable after 5 folios|
|Above Rs 2 to Rs 5 lac||Chargeable after 10 folios|
|Above Rs 5 lac||Folio Charges not applicable|
Folio means 25 entries per page.
Ledger folio charges to be recovered on a quarterly basis.