Overview
LVB Premium TASC Current Account is a premium account offered to the NGOs, Trust and Associations to manage their collection and payments.
Innovative banking solutions combined with premium banking services. High interest rate offered on the balances maintained in the savings bank account.
Interest Rates and Charges
Sr.No |
Particulars |
LVB Premium TASC Current Account |
1
|
Average Quarterly Balance |
Rs. 5 lakhs or TRV Rs.25 lakhs including Term & Recurring deposits in the name of the entity |
2
|
Cash Remittance |
a. at base branch |
Free |
b. at Non base branch |
Free up to Rs. 25 lakhs p.m. |
Thereafter, charged at Rs.1.50 per Rs. 1,000/- subject to a minimum of Rs. 50/- per transaction |
3
|
Cash Withdrawal |
a. at base branch |
FREE - No Limit |
b. at Non base branch |
Free up to Rs. 1 lakh per day. Thereafter, charged at Rs. 2/- per Rs. 1,000/- subject to a minimum of Rs. 50/- per transaction. |
Outstation clearing Charges |
Rs. 50/- per instrument |
4
|
Clearing Cheque Return Charges |
a. Inward Clearing Cheques |
Rs. 50/- per instrument |
b. Outward Clearing Cheques |
Rs. 50/- per instrument |
5
|
DD/PO Charges |
Free up to Rs. 1 crore per month, or 50 DD's, whichever is higher. Thereafter, charged at Re. 1/- per Rs. 1,000/- subject to a minimum of Rs.25/- per transaction. |
6
|
Charges for non-maintenance of minimum balance |
Rs. 500/- per quarter |
7
|
RTGS/NEFT Charges |
Free |
8
|
Cash Management Services |
Available at cost |
9
|
Net banking |
Free |
10
|
SMS alert |
Available at cost |
11
|
Cheque Book |
Up to 10 cheque books of 25 leaves each free per month. Thereafter, charged at Rs. 2/- per cheque leaf. |
12
|
Stop Payment |
Free up to 25 instruments. Flat fee of Rs. 100/- per month will be charged thereafter. |
13
|
Standing instruction |
Free |
14
|
Statement of Account |
Free email statement (monthly) |
15
|
Commercial Vehicle Loans |
Nil Processing Fees |
16
|
Salary Accounts for employees |
Available as per existing Salary account product features |
17
|
Payment Gateway Service |
Available, subject to eligibility of entity |