Lakshmi Vilas Bank Special Offer on Free ATM Transactions to its Debit Card Holders

Reserve Bank of India, Effective 1st November 11, 2014 has come out with guidelines on the No. of free transactions in bank ATMs at Metro locations – New Delhi, Mumbai, Chennai, Kolkata, Hyderabad and Bangalore

However, LVB had extended certain customer friendly provisions allowing  Cost Free transactions on their own ATMs to its debit card holders without any cap on No. of transactions.

The bank would also allow its customers to do up to five ATM Transactions (inclusive of both financial and non-financial) in a month at other bank ATMs in other locations (ie. other than the six metros) without any charge. Transactions upto 3 in a month at other Bank Metro ATM’s would be cost free.

For the customers having account in Prime savings and Titanium Savings products with  an average minimum monthly balance of INR 1 lac, Lakshmi Vilas Bank would not charge any transaction fee for up to five ATM transactions at other banks ATMs , including the ATMs at six Metro locations.

The Bank is at present issuing Free International Debit cards, Internet Banking facility to its customers.

About Lakshmi Vilas Bank:

Lakshmi Vilas Bank is founded in 1926 and it has a national presence serving over 2 million customers through its 361 branches spread across 16 states and one Union territory, and  641 ATM network . The bank continues to invest on increasing its network for improved reach and customer services.

The bank is active across the entire spectrum of customer segments - retail, mid-market and corporate. Through its branches, the bank also offers a host of    para-banking products in association with Life and General Insurance companies, mutual funds, stock broking houses, money remittance companies, etc. on a technologically advanced platform.  

For further information, please contact:

Adfactors PR –

Namita Sharma / Sumit Singh Jamwal

9820950663 / 9920199303

namita.sharma@adfactorspr.com / sumit.jamwal@adfactorspr.com