Fees and charges-Non-credit matter with effect from 01.04.2016
Star Savings Accounts: (NZD/USD)
Minimum Balance $500
Monthly fee for not maintaining minimum balance Nil
If maintaining minimum balance 6 free INR remittances to India per month
If not maintaining minimum balance 4 free INR remittances to India per month
Debit Transaction fee $0.50per debit transaction after 100 free debit transaction per quarter
Quarterly account maintenance fee NIL
Account closure fees NIL
Star Current Account
Minimum Quarterly average balance
Personal -> Nil
Business $1000
Fee for not maintaining minimum balance
Personal -> Nil
Business -> $10 per month
Remittance to India
Personal -> 6 free INR remittances to India per month
Business -> 4 free INR remittances to India per month
Account closure Fee within 12 Months
Personal -> $25
Business -> $50
Other Service Charges
Duplicate or additional statement copies $1.50 per page
All other documents $1.50 per page
Additional copies of same original $1.00 per page
Certificate of Balance $25.00 flat
For any enquiry on historical information $10 per information
For certification of any document $ 50.00 per document
Standing instructions (SI) fees per SI
Establishment, amendment and or suspension of SI $5.00 each (this fee is waived if the AP is between BOINZ accounts).
Deposit
Collection item fee: Cheque clearing charge Star Savings/current account No charges
Cash handling fee (Charged on the total cash amount deposited or withdrawn in any one business day)
Up to $10,000.00 Free
Above $10,000.00 $1.00 per NZ$1000 or part thereof
Cheques – fees per cheque
Stopped cheques $15.00
Inoperative Account Fee
Inoperative Account Fee (for accounts with balance less than $150 not used for one year or more. Nil
Pre maturity withdrawal Fee
Term Investment –Pre maturity withdrawal Fee Where the deposit is paid to the customer prior to the maturity date, interest will be paid at 1% per annum below the applicable card rate for the actual period the deposit was kept with us. A flat fee of $50 will also be charged.
Insufficient Funds/Dishonour fee
Cheque, automatic payment and direct debit Inward-$25.00 per transaction
Outward- $10 per transaction
Future dated bill payment and pay anyone transaction via internet banking Nil


International - Outward Payments
INR Remittance to India –In case the number of remittances exceeds 4 or 6 times (as applicable) in a month, the following charges will be applied:
Charges
Funds Transfer
Issue: Up to $5000 $10.00
Over $5000 $20.00
Amendment $20.00
Enquiry (beneficiary claiming non receipt of payment)-upfront $10.00
USD Remittance (No free remittances)
SWIFT charges $25.00
Up to $5000 $10.00
Over $5000 $20.00
NZD Remittance (No free remittances)
SWIFT charges $25.00
Up to $5000 $10.00
Over $5000 $20.00
Inward Payments from overseas – Payments credited to Bank of India (New Zealand) Ltd account
(If charges are mentioned as "sha" in SWIFT message)
For any branch of Bank of India $10.00
For any other Bank $15.00
(If charges are mentioned as "ben" in SWIFT message)
For any branch of Bank of India $15.00
For any other Bank $20.00


General Terms and Conditions
download
Electronic Banking Terms and Conditions
download
Business Loan Terms and Conditions
download
Home and Personal Loans Terms Conditions
download
Schedule of Fees in respect of Advances
download