Lakshmi Vilas Bank – Lakshmi Prime Account
Lakshmi Prime Account under LVB is basically meant to handle your cash, it provides extensive banking facilities to mostly non-profit organisations like trusts, associations, societies clubs etc. and comes with the best features which are briefly stated below in the table : Features
Quarterly Average Balance (QAB) The quarterly average balance is Rs 1 lac
Cash Remittance ·         At base branch : Free ·         At non-base branch : Free, up to Rs 50,000 per day and afterward Rs1/1000 with a minimum of Rs 20 is charged in per transactions.
Cash Withdrawal ·         At base branch : Free ·         At non-base branch : Free, up to Rs 1 lac per day and afterward Rs 2/1000 with a minimum of Rs 50 is charged per transaction.
Outstation Clearing Charges Outstation Clearing Charges are charged at normal rates as per Regular savings accounts.
Clearing Return Charges ·         Inward Clearing Return Charges : Rs 50 per occasion. ·         Outward Clearing Return Charges : Rs 50 per occasion.
DD/PO charges Free, without any limitation amount
Non-maintainence Charges Rs 250 per quarter is charges not maintaining the minimum balance.
RTGS/NEFT Free, up to 25 RTGS and NEFT transaction per month.
Door to door service Available at certain cost
Net Banking Free
Cheque Book Free, 50 cheque leaves per calendar quarter.
Stop Payment Charges Free
Standing Instructions Free
Statement of Account Free e-mail statement which you receive monthly
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