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11th August 2015, 12:26 PM
Super Moderator
 
Join Date: May 2012
Re: Lakshmi Vilas Bank FD Rates

Lakshmi Vilas Bank was established in the year 1926 . The head office is located at Karur, India.

Salient Features—


• Deposit period ranges from 15 days to 10 years with assured regular Monthly/ Quarterly income.
• Deposit account can be opened individually/ jointly and also in the name of minors.
• Minimum Deposit Amount is Rs. 100/- with no ceiling for the maximum amount.
• Quarterly payment of interest or at discounted value at monthly rests.
• Loan facility and Nomination facility available.

Interest rates -
For domestic deposits - Up to Rs. 10 cr

Maturity Period Deposit Amount Interest rate
General Senior Citizen
15 days to 29 days Up to Rs. 10 cr 5.50 5.50
30 days to 45 days Up to Rs. 10 cr 6.00 6.00
46 days to 90 days Up to Rs. 10 cr 7.00 7.00
91 days to 180 days Up to Rs. 10 cr 8.10 8.10
181 days to 270 days Up to Rs. 10 cr 8.50 8.50
271 days to 364 days Up to Rs. 10 cr 8.75 8.75
1 year to less 2 years Up to Rs. 10 cr 8.80 9.30
2 years and above & upto 899 days Up to Rs. 10 cr
8.80 9.30
900 days Up to Rs. 10 cr 9.00 9.50
901 days to less than 3 years
Up to Rs. 10 cr 8.80 9.30
3 years to less than 5 years Up to Rs. 10 cr8.80 9.30
5 year and above Up to Rs. 10 cr 8.75 9.25


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