Overview
LVB Premium TASC Savings 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 Savings 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 |