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24x7
Customer service facility
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Unlimited
cash transactions at branch
A flexible savings account that supports your savings goals.
Savings Account with Lakshmi vilas bank are an excellent way to earn interest while you still maintain easy access to your money with internet banking and our mobile app.
Benefits of Lakshmi vilas bank Savings Account
Three advantages of savings accounts are the potential to earn interest, it's easy to open and access, and FDIC insurance and security.
Open An Account- Earn up to 2.30% p.a. variable interest rate, including:
- 1.50% p.a. standard variable base rate plus
- 0.80% p.a. variable bonus rate each month you grow your balance.
- Enjoy a competitive base rate plus bonus interest each month you grow your balance.
- Unlimited and instant access to your money online through your Borrow everyday account
Why open a Lakshmi vilas bank Savings Account?
No matter what your financial goals are, opening a savings account is a good idea. You won't need a pile of money to open an account at many banks either.
Open An AccountUnlimited transfers
Lakshmi vilas bank Savings Account allows you to do unlimited transfers from or within your account
Competitive base rate
Lakshmi vilas bank Savings Account offers the best rate for account opening
Savings Goals
Lakshmi vilas bank Savings Account helps you to save more.
- Who can open ?
- Saving Goals
- Features
- Fees
To open a Lakshmi vilas bank Savings Account, you must:
- All individuals having valid KYC documents are eligible to open BSBD Account.
- Singly, jointly, or with Either or Survivor, Former or Survivor, anyone or Survivor etc. facility.
- The Customer cannot have any other Savings Bank Account.
Fuel
- Instant redemption at over 1200 participating oil outlets.
- Redemption rate at oil outlets: 1 Reward Point = Rs 0.25 | Minimum Points required to redeem: 250.
In-Store Shopping
- Instant redemption at select partner stores.
- Redemption rate at stores: 1 Reward Point = INR 0.30 | Minimum Points required to redeem: 250.
Air miles
- Redemption rate for air miles: 1 Reward Point = 0.75 miles | Minimum Points required to redeem: 100.
Cash back
- Adjust points against your Statement outstanding.
- Redemption rate for cash back: 1 Reward Point = Rs 0.35 | Minimum Points required to redeem: 5,000.
- Available at all branches.
- Minimum balance amount Nil.
- Maximum balance /amount No upper limit.
- No Cheque Book facility available.
- Withdrawals only using withdrawal form at Branches or through ATMs.
- Basic ATM-cum-debit card will be issued.
Personal Concierge Services
Call your concierge for help with planning a party, sending flowers, making dining reservations, for travel assistance.
Dining Privileges | Up to 15% savings across participating restaurants. |
Shopping Privileges | Enjoy savings and offers several stores in your City. |
EMI Privileges | Choose easy EMI options at more than 2,000 consumer electronics and mobile phone outlets, leading retail chains and e-retailers. |