Lakshmi digiGO – Instant Digital Bank Account Click here to open account

Overview

Lakshmi digiGO is an instant digital account which can be opened online with just a Pan Card and Aadhaar card, which enables customers to start transacting immediately through Internet banking and Mobile banking.

Salient Features

  • Just Pan & Aadhaar required to open account online
  • Zero Balance Account
  • Internet Banking
  • Mobile Banking
  • Branch of your Choice
  • Earn Reward points & Benefits

Eligibility

  • Any Resident Indian who is a citizen of India as per FEMA guidelines and aged 18 years & above
  • Not available for existing LVB Customers

Features and Product specifications

Particulars Description

Eligibility Criteria

  • Any Resident Indian who is a citizen of India as per FEMA guidelines and aged 18 years & above
  • Not available for existing LVB Customers

Account Type

Limited Liability Savings account

Balance Requirement*

No Minimum Balance Stipulation

Debit Card*

Not Available

Net Banking/Mobile Banking

Available

Fund transfer within LVB

Free

NEFT/IMPS

Free

Upper Cap on aggregate credit#

2 lakh per year (all deposit together)

Upper cap on balance in all accounts*

Less than or equal to Rs. 1,00,000/-

Cash Transaction*

Not available

Cheque Book*

Not available

Account Statement

Statement can be availed through digital channels

KYC requirement

PAN & Aadhaar Card^ ^Other OVD in case of mailing address differ from Aadhaar

Period of Account

12 months from the date of account opening. A/c will be closed if full KYC not completed within 12 months.

*Customer will be eligible for availing all these service upon completing the full KYC process and account will be migrated to the different product as per his/her request