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January 15th, 2016, 12:54 PM
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Join Date: Mar 2012
Re: Profile Of Lakshmi Vilas Bank

Lakshmi Vilas Bank Founded in1926
The Lakshmi Vilas Bank Limited (LVB) company profile
VISION f this bank -
"To be a sound and dynamic banking entity providing financial services of excellence with Pan India presence."

MISSION of this bank -


“To develop a range of quality financial services and products to create value for customers, shareholders and the society; to motivate people to achieve excellence in performance leading to sustained profitable growth and build a vibrant organization.”


Brief History and background-


The Lakshmi Vilas Bank Limited (LVB) was founded by seven people of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar, mainly to cater to the financial needs of varied customer segments.
The bank was incorporated on November 03, 1926 under the Indian Companies Act, 1913 and obtained the certificate to commence business on November 10, 1926,
The Bank obtained its authorize from RBI in June 1958 and in August 1958 it became a Scheduled Commercial Bank.

100 % CBS Branches.-

VISA Enabled International Debit Card.

RTGS & NEFT enabled electronic funds transfer services.

Internet Banking, Mobile Banking & SMS Alerts.

Electronic Clearing Services (ECS).

National Electronic Clearing Services (NECS).

Payment through mobile phone via, Paymate.


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