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 |
Get More details About Saving Account Schemes
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