Overview
LVB TASC Current Account offers convenient banking for any time, anywhere access with comparatively lowest monthly average balance requirement.
An exclusive account offered only to Trusts, Associations, Societies, and Clubs.
Interest Rates and Charges
Sr.No |
Particulars |
LVB TASC Current Account |
1
|
Average Quarterly Balance |
Rs. 10,000/- |
2
|
Cash Remittance |
a. at base branch |
Free |
b. at Non base branch |
Free up to 12 times of MAB. |
Between 12x MAB to Rs. 5 lakhs p.m. charged at Rs. 1.50
per Rs. 1,000/- |
Above Rs. 5 lakhs p.m. charged at Rs. 3/- 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. 10 lakhs per month, or 10 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. 250/- per quarter |
7
|
RTGS/NEFT Charges |
As per tariff |
8
|
Cash Management Services |
Available at cost |
9
|
Net banking |
As per tariff |
10
|
SMS alert |
Available at cost |
11
|
Cheque Book |
Up to 2 cheque books of 25 leaves each free per month. Thereafter, charged at Rs. 2/- per cheque leaf. |
12
|
Stop Payment |
Free up to 5 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 |
Card Rates |
16
|
Salary Accounts for employees |
Available as per existing Salary account product features |
17
|
Payment Gateway Service |
Available, subject to eligibility of entity |