Lakshmi Vilas Bank DD Charges

Hello sir, I’m a customer of Lakshmi Vilas bank. Here I came to get detail for Lakshmi Vilas bank DD charges? How much amount should be provided on DD of Lakshmi Vilas bank?

[Pathak]

The lakshmi Vilas bank provides No charges are applicable on the collection of outstation cheques, issue of DD.

As per RBI directives, IBA advised all member Banks to disclose the details about service charges/other charges being levied by Bank's and place on their bank's website as prescribed in Fair Practice Code for information to General Public.

Lakshmi Vilas bank have already adopted the Fair Practice Code norms in its Bank. Accordingly, this bank furnishes the charges of its Bank on various services rendered to the Customers.

Purchase/Discount Of Cheques/Bills:

Cheques/DD drawn on bank:

For first 10 days - Rs.5/- per Rs.1000/- Over and above 10 days - PLR + 2 % + out of pocket expenses

For others:

For first 10 days - Rs.6/- per Rs.1000/- Over and above 10 days - PLR + 2% + agency commission + out of pocket expenses

Remittance by Demand Draft/Pay Order:

Up toRs.1000 Rs.15

Rs.1001-5000 Rs.20

Rs.5001-10000 Rs.25

Rs.10001 and above Rs.2.25/- per Rs.1000

i want to take DD for 1000rs. i am not a lakshmi villa bank customer. what is the procedure.