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Announcement
Unaudited Financial Results

Unaudited financial results of the bank for the quarter ended 31st Dec 2011

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Notice

LVB has successfully raised Tier II Capital over Rs. 250 Crores

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  Features of SMS Alerts:

 
  • Daily balance alerts in the morning. (only for Current Account holders) 
  • Alert on any debit transactions of Rs.5,000/- and above. (only for Savings Bank Account holders)
  • Alert on any credit transactions of RS.5,000/- and Above. (only for Savings Bank Account holders)
  • Alert on any debit transactions of Rs.10,000/- and above. ( for Current Account holders)
  • Alert on any credit transactions of RS.10,000/- and Above. ( for Current Account holders)
  • Over line / Temporary Overdraft Alerts.
 

Who can avail it?

 

Any customer holding a Savings or Current account with us and a mobile handset of any make and of any operator is eligible. Customer has to register for this facility by filling up and submitting simple form** with phone number and other details to the respective branches.

** Initially the user has to submit a form for registering his mobile number with the bank, before activating the mobile banking services.

 

Service Charges:

 

The one time registration fee of Rs. 100/- will be debited from the account on activation of SMS Banking facility (for both Savings and Current Account Holders)

For Saving Account Holders:

An annual fee of Rs. 100/ - will be debited from the account at quarterly rests (Rs. 25/- per quarter).

For Current Account Holders:

Account holders can subscribe  for  either or both of the following alerts

1.  Daily Balance Alerts 

2.  Alerts for debit/credit transactions of Rs. 10,000/-  and above.

On subscribing to any one of the above alerts, an annual fee of Rs. 100/ - will be debited from the account at quarterly rests (Rs. 25/- per quarter) .  However, if  customer subscribes for both alerts, then an additional  annual fee of Rs. 100/- will be debited from the account at quarterly rest (Rs. 25/- per quarter).

 

Frequency of SMS Alerts:

 
Activity
Frequency
Balance Alerts
Once in a day
Alert on any Debit/Credit transaction of Rs.5000 and above
As and when the transaction takes place
Overline/TOD Alerts
As and when the Overline/TOD occurs

** Other Mandatory documents, requested by Bank from time to time, should be submitted.

 
 
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