Overview
Lakshmi Vilas Bank’s Titanium Savings Account offers an exciting and innovative range of accounting features and transaction benefits.
Account holders can avail complimentary personal accident insurance and gain from exclusive offers on safe deposit locker facilities.
Interest Rates and Charges
| Sr.No |
Features |
Particulars |
|
1
|
Average Monthly Minimum Balance (AMMB)
|
Rs.1,00,000/-
|
|
2
|
Cash Remittance
|
|
a. at base branch
|
Free
(10 sections per day will be free and Rs.5 per section will be charged thereafter) - To be collected manually at the time of remittance
|
|
b. at non-base branch
|
Free upto Rs.1. lakh per day and
Rs.1/1000 will be levied automatically thereafter
(Cash handling charges will be levied – (10 sections per day will be free and Rs.5 per section will be charged thereafter)
- To be collected manually at the time of remittance
|
|
3
|
Cash Withdrawal
|
|
a. at base branch
|
Free
|
|
b. at non-base branch
|
Free self-withdrawals upto Rs.1,00,000/- per day and Rs. 1/1000 with a minimum of Rs.20/- per transaction thereafter - will be levied
automatically
|
|
4
|
Outstation Clearing Charges
|
Rs.50/- per instrument
|
|
5
|
Clearing return Charges
|
Inward Clearing Return Charges - Rs.100/- per instrument
Outward Clearing Return Charges - Rs.50/- per instrument
|
|
6
|
DD/PO Charges
|
Free
|
|
7
|
RTGS/NEFT Charges
|
Free
|
|
8
|
Debit Card
|
Free Visa Gold Card- Will be free for the first year and a nominal charge of Rs.100/- will be levied from the 2nd year as annual fee
|
|
9
|
Locker
|
Discount of 25% on annual fee for safe deposit lockers
|
|
10
|
Net Banking
|
Free
|
|
11
|
SMS Alert
|
Free
|
|
12
|
Cheque Book
|
Free Cheque Book of 50 leaves per calendar quarter
|
|
13
|
Stop Payment
|
Free
|
|
14
|
Standing Instructions
|
Free
|
|
15
|
Statement of Account
|
Monthly Free Statement on Registered Email
|
|
16
|
Demat Facility
|
Free Demat Account with no AMC for the first year. Normal brokerage and other charges will apply.
|
|
17
|
Online banking
|
24x7 online transaction facility
|
|
18
|
Account closing charges
|
An amount of Rs.500/- will be levied as a/c closure charges on the account being closed within 6 months. No charges will be levied in the unfortunate event of demise of customer or in case of a/c closure after 6 months.
|
|
19
|
Personal Accident Insurance Cover (Death risk)
|
Free Personal Accident Insurance Cover (Death
Risk) of Rs.5 Lakh for account holders between the age group of 18-70 years which is renewable every year. This facility can be availed by first person only.
|