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Lakshmi Vilas Bank IFSC Code Cuddalore Branch, MICR code, Address

IFSC Code of Lakshmi Vilas Bank CUDDALORE, MICR Code of Lakshmi Vilas Bank CUDDALORE

Get IFSC Code and MICR code of Lakshmi Vilas Bank, Cuddalore, Tamil Nadu branch in Cuddalore city along with the address

Bank Lakshmi Vilas Bank
IFSC Code LAVB0000202 (for money transfer by NEFT, RTGS and IMPS)
MICR Code NON MICR
Address 23, VEDA VINAYAGAR COMPLEX LAWRENCE ROAD, 1ST FLOOR CUDDALORE-607 002 TAMIL NADU
Contact Number 235943
Branch CUDDALORE
City Cuddalore
District Cuddalore
State Tamil Nadu
Personal Loan
@ 10.99%*
Home Loan
@ 8.35%*
Gold Loan
@ 10.50%*
Business Loan
@ 13.50%*
Loan Against Property
@ 8.50%*
Car Loan
@ 9.25%*
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Lakshmi Vilas Bank Interest Rates in CUDDALORE, Cuddalore

Interest Rates*
Lakshmi Vilas Bank MCLR Base Rate 9.45% - 9.50% Past Trend
Lakshmi Vilas Bank Loan Against Property 11.70% - 11.70% Floating Get Details
Lakshmi Vilas Bank FD Interest Rate 4.50% - 7.00% Get Details
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Other Lakshmi Vilas Bank Branches in Cuddalore

Cuddalore Ifsc Code
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Lakshmi Vilas Bank News - Aug 2017
  • 2017-08-08 : Lakshmi Vilas Bank announces reduction in MCLR rates news
    Lakshmi Vilas Bank has slashed its marginal cost based lending rate (MCLR). For overnight, one month and three month maturities, the rate has been revised to 9.50 per cent. The new MCLR rate for six month and one year is 9.45 per cent respectively. The new MCLR rates are effective from 1st August, 2017.
  • 2017-07-26 : Lakshmi Vilas Bank reports 9 per cent growth in net profit at Rs. 66 crore
    Lakshmi Vilas Bank has reported a significant growth of 9 per cent in its net profit at Rs. 66 crore during the first quarter of FY18 as against Rs. 60 crore during the corresponding quarter of the previous fiscal year. Improvement in net interest income and CASA deposits has tampered the bank’s profit growth.
  • 2017-06-13 : Lakshmi Vilas Bank likely to raise Rs. 1,100 crore via sale of shares
    Private sector lender, Lakshmi Vilas Bank, is looking for an opportunity to raise the capital of Rs. 1,100 crore via selling its shares to the institutional investors. The bank has received approval from its board to sell 50 million shares to investors through a Qualified Institutional Placement (QIP). The newly raised funds will be used for expanding its banking activities as well as inorganic growth opportunities.
  • 2017-05-01 : Lakshmi Vilas Bank looking at acquisition opportunities
    Private sector lender, Lakshmi Vilas Bank is planning for further acquisition opportunities. Till now bank has the experience of managing nine mergers and acquisitions on their own. Moreover, the bank is also focusing over its target of achieving growth in their overall loan portfolio to retail, agriculture, MSME (micro small and medium enterprises) and commercial banking segments.
  • 2017-04-28 : Lakshmi Vilas Bank net profit rises by 6%
    Lakshmi Vilas Bank has posted a 6 per cent increase in net profit for the March quarter .Net profit for the fourth quarter of this fiscal year stood at Rs. 52 crore as against from Rs. 49 crore a year ago. The profit increase is backed by strong growth in advances, other income and reduced cost of funds. The bank has also reported reduction in its gross and net NPAs due to economic slowdown.
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