Lakshmi Vilas Bank

Interest rate

LAKSHMI VILAS BANK , Admn Office , Karur
Rate at a quick glance As on 18/11/2009
Deposit Accounts

NATURE

RATE OF INTEREST

NORMAL

SENIOR CITIZEN

RURAL

SEMI URBAN

URBAN

ACCOUNT

1.Savings Bank A/c

A. Domestic

a. With cheque book facility

3.50%

500

b. Without cheque book facility

3.50%

100

c. No frills account

3.50%

B.Non resident

a.NRO

3.50%

b.NRE

3.50%

2.Term deposits

A.DOMESTIC

RATE OF INTEREST

with effect from 18/11/2009

Term deposits(All Maturities)

NORMAL

SENIOR CITIZEN

15-29 Days

3.25%

30-45 Days

3.75%

46-90 days

4.25%

91-180 days

5.25%

181-270 days

5.75%

271-364days

6.25%

1year-less than 2 years

6.75%

7.50%

2years-less than 3 years

7.25%

8.00%

3 years-less than 5 years

7.75%

8.50%

5 years & above

7.00%

7.75%

Deposit	Regular	Senior Citizen
Lakshmi Tax Saver Deposits - w.e.f 18.11.09	7.75%	8.50%
Deposit	Interest Rate	Amount Payable on Maturity
Lakshmi Lakhpathy Recurring Deposits - w.e.f 18.11.09 ; Duration 84 months @ Rs.1000/- per month.	7.00%	Rs. 1,07,401/-

B.Non-Resident accounts

a.NRO(All maturities)

Same as Domestic

b.NRE(All Maturities) with effect from 01.02.2010

1 year to below 2 years

2.60%

2 years to below 3 years

2.91%

3 years & above

3.53%

RATE OF INTERESTwith effect from 01.02.2010

1year &above but<2years

2years&above but<3 years

3year &above but<4years

4year &above but<5years

For 5 years(Maximum)

C.FCNR(B)

1. USD

1.85

2.16

2.78

3.29

3.71

2.GBP

2.26

2.75

3.36

3.81

4.14

3.EUR

2.20

2.68

3.08

3.37

3.63

4.CAD

5.AUD

JAPANESE YEN NO INTEREST FOR ANY MATURITY

RATE OF INTEREST%(P.A)

1 month to < 6 months

6 months to < 1 year

1 year

D.RFC

1. USD

0.05

0.50

2.GBP

0.10

0.40

0.50

3.EUR

0.05

0.50

RFC SB : US DOLLARS - 0.05%

LOANS	RATE OF INTEREST		Processing Charges
1.Housing Loan(lakshmi Home loan)	Upto Rs. 30 lakhs	Above Rs.30 lakhs
Floating Category
Upto 5 years	BPLR - 4.75%	BPLR - 4.50%	0.50% of the loan amount ,with minimum of Rs.500/-
More than 5 Yrs & upto 15 Yrs	BPLR - 4.50%	BPLR - 4.25%
Fixed Category
Upto 5 years	11% p.a	11.25%p.a
More than 5 Yrs & upto 15 Yrs	11.25%p.a	11.50%p.a
2.Personal Loan
a) Consumer Duarable Loan	BPLR + 3.25%	BPLR + 3.25%	As per the slab rates applicable
b) Senior Citizen Loan Scheme	NA	NA	NA
c) Personal Loan Scheme	BPLR + 3.25%	BPLR + 3.25%	As per the slab rates applicable
3.Vehicle Loan (lakshmi personal vehicle loan)
a.Two Wheeler Loans	BPLR - 1%	BPLR - 1%	1% of the amount subject to minimum Rs.500/- for car loans & Rs.250/- for two-wheeler loans and maximum of Rs.3000/-
b.Three Wheeler Loans	NA	NA
c.For New cars	BPLR - 1%	BPLR - 1%
d.For Old cars	BPLR + 1.50%	BPLR + 1.50%
4.Educational Loans	Upto Rs.4.00 lakhs	Rs. 4.00 lakhs upto 7.5 lakhs	Above 7.5 lakhs
	BPLR-3.75%	BPLR-2.75%	BPLR-5.00%