#1
2nd May 2015, 03:58 PM
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Lakshmi Vilas Bank Base Rate
Please give me details about Lakshmi Vilas Bank Current Base Rate, Past trend and Latest Change in Rate? Also tell me about Current Base Rate for Lending at Lakshmi Vilas Bank Limited? Give me help line number of Lakshmi Vilas Bank?
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#2
26th June 2015, 02:22 PM
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Lakshmi Vilas Bank Base Rate
Can you please tell me the base rate of Lakshmi Vilas Bank? Tell me the interest rate on education loan in this bank as I want to apply for this loan? Also provide me the application form to apply for education loan in Lakshmi Vilas Bank?
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#3
15th December 2015, 10:56 AM
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Re: Lakshmi Vilas Bank Base Rate
What is the base rate charged by the Lakshmi Vilas Bank for the various loans offered by the Bank as I am intending to take a loan?
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#4
15th December 2015, 10:57 AM
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Re: Lakshmi Vilas Bank Base Rate
Present Lakshmi Vilas Bank Base Rate is 10.70%, which was last updated by Lakshmi Vilas Bank on 03rd Nov 15 as per information available. This is the minimum interest rate at which Lakshmi Vilas Bank can offer loans except for loans to Lakshmi Vilas Banks own employees, its retired employees and loans against its own deposits Applicable rate of interest on all Lakshmi Vilas Bank's various loan schemes like floating rate loans, such as home loans, loans against property, business loans, SME loans linked to base rate will vary with changes in its base rate from time to time Interest rates on loans & advances – with effect from 03.11.2015 Facility/product-wise interest rates under the Base Rate system Sector: Industry, Trade & Services Sl. No. Loan facility/product Interest Rate 1. WC credit facilities & Term Loan credit facilities Base Rate + product - specific operating costs + Credit Risk & Tenor Risk Premia 2. Advances under Lakshmi Business Credit (LBC) scheme Base Rate + 2.25% (PER: 12.95% p.a ) 3. Lakshmi Loan Against Properties(LLAP) Base Rate + 2.25% (PER: 12.95% p.a ) Sector: Bill Advances Sl. No. Loan facility/product Interest Rate 1. Bills Purchased Documentary (BPD), Bills Purchased (Supply Bills) & (Drawee Bills) & UBD (Clean) Base Rate + product - specific operating costs + Credit Risk & Tenor Risk Premia 2. Sight Bills Purchased under LCs – BP (Ag. LC) At Base Rate (PER: 10.70% p.a.) 3. Usance Bills Discounted under LCs - UBD (Ag.LC) For Exposures of less than or equal to 5 crores: Base Rate+0.25% (PER: 10.95% p.a.) For exposures of more than 5.00 crores: At Base Rate: (PER:10.70% p.a.). 4. Bills Purchased (Clean) – BPC: Interest to be charged on returned cheques Base Rate + Maximum spread (PER: 10.70+6.85 =17.55% p.a.) Contact Details: The Lakshmi Vilas Bank Ltd. Registered Office, Salem Road,Kathaparai, Karur - 639006 Tamil Nadu. |
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