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SAVINGS BANK 'NO FRILLS' SB ACCOUNT DEPOSITS LOANS LOCKER FACILITY SERVICE CHARGES AND FEES INTEREST RATE INTERNET BANKING
Welcome to LV Bank
Lakshmi Tax Saver:
Interest Rate (% P.A.)
Regular
Interest Rate (% P.A.)
Senior Citizen
Lakshmi Tax Saver 9.50 % 10.00%
Deposit Interest Chart (with effect from 15.09.2008)
  From 15.09.2008 % per Annum (15 lacs and above) From 15.09.2008 % per Annum (Less than 15 Lacs)
Maturity Period Regular Senior Citizen Regular Senior Citizen

15-29 days

5.50

5.50

5.50

5.50

30-45 days

5.50

5.50

5.50

5.50

46-90 days

6.00

6.00

6.00

6.00

91-180 days

8.00

8.00

8.00

8.00

181-270 days

8.75

8.75

8.75

8.75

271-364 days

9.00

9.00

9.00

9.00

1Year-less than 2 Years

10.00

10.50

10.00

10.50

2 Years-less than 3Years

10.00

10.50

10.50

11.00

3 Years-less than 5 Years

10.00

10.50

10.00

10.50

5 Years & above

10.00

10.50

10.00

10.50

Additional Interest Rate for bulk deposit : Nil
INTEREST RATES ON FCNR (B) SCHEME: (w.e.f. 01.10.2008)
PERIOD Rate of Interest % (P.A.)
USD GBP EUR
1 year to below 2 years 3.71 6.27 5.24
2 years to below 3 years 3.02 5.07 4.37
3 years to below 4 years 3.31 5.00 4.34
4 years to below 5 years 3.45 4.96 4.37
5 years 3.64 4.93 4.37
JAPANESE YEN : NO INTEREST FOR ANY MATURITY
Additional interest for bulk deposits are not payable for FCNR (B) deposits.
Interest rate on NRE Term Deposit: (w.e.f. 01.10.2008)
MATURITY SLAB Rate of Interest % (P.A.)
1 year to below 2 years 4.46
2 years to below 3 years 3.77
3 years and above 4.06
Additional Interest Rate for bulk deposits : Nil
INTEREST RATE FOR NRE SB DEPOSIT : 3.50%
Interest rates on RFC Deposit Scheme: (w.e.f. 01.10.2008)
PERIOD Rate of Interest % (P.A.)
USD GBP EUR
1 month to less than 6 months 2.90 5.00 4.00
6 months to less than 1 year 2.90 5.40 4.30
1 year 2.90 5.50 4.40
RFC SB US DOLLARS - 1.00%

                                 
Interest rates on EEFC Deposit Scheme: (w.e.f. 01.08.2008)
PERIOD Rate of Interest % (P.A.)
USD GBP EUR
3 months to less than 6 months 2.00 5.20 4.20
6 months to less than 9 months -- -- --

 

 
Interest Rates are subject to change without any notice
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