Bank rate card
What does Karnataka Bank charge an exporter?
This is Karnataka Bank's published trade and forex rate card, reproduced head by head from the bank's own schedule dated Not printed (uploaded 2025-05; PDF created 28 May 2025). 23 charge heads are published and 0 are not. The source document is linked at the foot of this page.
By Aaryan Kakani · · 3 min read
What does Karnataka Bank charge on an export transaction?
Every head below is reproduced from the schedule linked at the foot of this page. Amounts are as published; nothing has been converted, averaged or inferred, and charges are exclusive of 18% GST unless the schedule says otherwise.
| Charge head | What Karnataka Bank publishes |
|---|---|
| Inward remittance / export proceeds | Rs 100 per clean inward payment in Rupees where cover received (incl. Advance payment towards exports) |
| FIRC, FIRA and e-BRC | Certificates Rs 100 per certificate/attestation; e-BRC free |
| Export bill regularisation (direct dispatch or advance received) | 0.0625%, min Rs 250, max Rs 5,000 (bills where advance payment received, and documents sent directly by exporter, collected when GR forms are disposed) |
| Export bills on collection | 0.0625%, min Rs 250, max Rs 5,000 (FC and rupee bills) |
| Export bill purchase, discount or negotiation | LC bills 0.10%, min Rs 500, max Rs 2,000; non-LC bills 0.25%, min Rs 250, max Rs 2,000 |
| Extension of realisation period | Rs 500 per extension per bill |
| Write-off or reduction in value | Write-off Rs 500 per bill |
| Crystallisation | Rs 500 per bill (FC export bill) |
| Return of an unpaid export bill | Rs 2,000 per bill |
| Export LC advising | Rs 500 per LC; amendment Rs 250; passing on LC advised by another bank Rs 250; transfer Rs 500 (amendment Rs 250) |
| Export LC confirmation | Commitment 0.15% per quarter (min Rs 250) + usance 0.25% up to 3 months (min Rs 250), beyond 3 months 0.25% for first 3 months + 0.15% p.m. (min Rs 500); needs Head Office approval |
| Overdue bill follow-up | XOS charges on overdue export bills Rs 250 per bill per quarter; delayed submission beyond 21 days from shipment Rs 250 |
| SWIFT | Import bills Rs 1,500; outward remittances Rs 500; FC DD Rs 500 |
| Courier | Extra; amount not stated (collected when export bill is lodged) |
What does Karnataka Bank charge on imports, guarantees and other forex services?
| Charge head | What Karnataka Bank publishes |
|---|---|
| Advance or direct import remittance | 0.25%, min Rs 250, max Rs 1,000 per advance remittance (SWIFT extra) |
| Import bills on collection | Non-LC (FC/rupee, incl. Direct bills) 0.25%, min Rs 250, max Rs 1,000 + SWIFT Rs 1,500 |
| Import LC issuance | Commitment 0.15% per quarter (min Rs 250) + usance 0.20% up to 3 months (min Rs 250), beyond 3 months 0.20% first 3 months + 0.075% p.m. (min Rs 500); 100% cash margin 25% of normal, min Rs 500 |
| IDPMS / Bill of Entry | Not stated |
| Bank guarantee | Export performance/bid bonds (non-project) 0.085% p.m. (0.25% if under 3 months); DPG 0.50% per quarter; all other 0.15% p.m. (0.25% if under 2 months); min Rs 500 |
| Other outward remittance | 0.10%, min Rs 250, max Rs 1,500 + SWIFT Rs 500 |
| Forward contracts | Booking Rs 500 |
| Commission in lieu of exchange | 0.125%, max Rs 5,000 (not on EEFC debits/credits or deemed exports) |
| Certificates, NOC and AD code letter | Rs 100 per certificate/attestation (e-BRC free) |
How does Karnataka Bank compare with the other banks?
Ordering is arithmetic on published figures across the 36 banks whose schedules could be re-checked against their source file, using the entry-tier charge a small-ticket exporter actually meets. It is not a view on which bank to use.
| Charge | Karnataka Bank | Where that sits |
|---|---|---|
| Export bill regularisation, per shipping bill | ₹250 | 8th cheapest of 29 banks that publish it |
| e-BRC or BRC | Free | 7th cheapest of 23 banks that publish it |
| FIRC or FIRA issuance | ₹100 | 9th cheapest of 30 banks that publish it |
| Inward remittance, per credit | ₹100 | 9th cheapest of 30 banks that publish it |
| Export bills on collection, entry tier | ₹250 | 6th cheapest of 35 banks that publish it |
| SWIFT, per message | ₹1,500 | 33rd cheapest of 36 banks that publish it |
Karnataka Bank does not sit in the cheapest five on any of the six heads measured here. It sits in the dearest five on swift, per message (33rd of 36). An exporter filing 20 shipping bills a month, pulling an e-BRC for each and taking 20 payment credits, would pay ₹84,000 a year on these published heads alone. A merchant exporter lodging 10 collection bills a month with 10 certificates and 10 credits would pay ₹42,000. See all 38 banks side by side.
What else does Karnataka Bank's schedule say?
Linked as 'Forex Related Service Charges' on the official page https://www.karnatakabank.bank.in/rates-and-charges; the file sits on the bank's CloudFront CDN (the same path on karnatakabank.bank.in returns 403). No effective date printed. Charges exclude GST, SWIFT, nostro, postage/courier and correspondent charges. Gold Card holders get 50% off the % rate and the maximum (not the minimum). Import LC bill retirement FC 0.15% (min Rs 500, max Rs 1,000); import crystallisation 0.15% (min Rs 1,000, max Rs 5,000); discrepancy USD 100. Export/import credit processing 0.25% of limits, max Rs 5 lakh. FDI/ODI reporting Rs 2,000 per instance.
Where does this rate card come from?
| Provenance | Detail |
|---|---|
| Schedule date, as the bank prints it | Not printed (uploaded 2025-05; PDF created 28 May 2025) |
| Bank type | Private |
| Checked | 19 September 2026 |
| Source document | Open Karnataka Bank's published schedule |
The source document was re-downloaded from Karnataka Bank on 19 September 2026 and compared by SHA-256 against the copy these figures were read from. It matched exactly, which means the figures here are what the bank was publishing that day rather than a stale cache.
What should I read next?
- Every Indian bank's export charges, compared All 38 rate cards in one table.
- Which bank is best for e-commerce exporters? The same schedules read head by head for marketplace sellers.
- Which bank is best for B2B exporters? LC advising, collection, crystallisation and guarantees.
- FIRC and BRC guide for Indian exporters What each certificate is and when you need one.
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Update history
- First published.