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

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

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

Last Updated 24th Nov 2016
Bank Lakshmi Vilas Bank
IFSC Code LAVB0000661 (for money transfer by NEFT, RTGS and IMPS)
MICR Code 636056002
Address 62-63, BAZAAR STREET P.B.NO. 111 SALEM TOWN - 636 001 SALEM DT. TAMIL NADU
Contact Number 2267678
Branch SALEM
City Salem
District Salem
State Tamil Nadu
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Lakshmi Vilas Bank Interest Rates in SALEM, Salem

Interest Rates* Tenure, Processing Fee
Lakshmi Vilas Bank MCLR Base Rate 10.50% Past Trend
Lakshmi Vilas Bank Home Loan 10.35% - 10.35% Floating Get Details
Lakshmi Vilas Bank Loan Against Property 12.50% - 12.50% Floating Get Details
Lakshmi Vilas Bank FD Interest Rate 4.50% - 7.00% Get Details
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Home Loan options starting @ EMI of Rs. 812/Lakh
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RS. 5,000
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Commercial Property Loan options starting @ 11.00%
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Commercial Property Loan options starting @ EMI of Rs. 952/Lakh
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RS. 5,000
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Loan Against Property options starting @ 10.25%
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Loan Against Property options starting @ EMI of Rs. 1,016/Lakh
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RS. 5,000
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Business Loan options starting @ 13.50%
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Business Loan options starting @ EMI of Rs. 2,301/Lakh
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RS. 2,500
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Personal Loan options starting @ 11.49%
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Personal Loan options starting @ EMI of Rs. 2,199/Lakh
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RS. 2,500
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Top up Loan options starting @ EMI of Rs. 0/Lakh
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RS. 200
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Education Loan options starting @ EMI of Rs. 0/Lakh
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RS. 200
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Gold Loan options starting @ 11.50%
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Gold Loan options starting @ EMI of Rs. 8,862/Lakh
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RS. 1,000
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Car Loan options starting @ EMI of Rs. 0/Lakh
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RS. 500
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News - Dec 2016
20th Jul 16 Lakshmi Vilas Bank Q1 net jumps 50 per cent to Rs 61 crore
Lakshmi Vilas Bank has reported a net profit of over 50 per cent at Rs 60.68 crore in the June quarter of FY17. Total income of the bank in the June Quarter increased to Rs 774.87 crore from Rs 693.05 crore in the same period of previous year. Gross NPAs as a percentage to Total Advances decreased to 2.14 per cent. Net NPAs decreased to 1.3 per cent of the Net Advances as against 1.72 per cent in the same period of previous fiscal. Thus, the provision towards bad loans was also reduced to Rs 35.15 crore June quarter of FY17 as against Rs 50.31 crore in the same period of previous year.
28th Apr 16 Lakshmi Vilas Bank Q4 profit up 22.5% on retail, SME growth
Lakshmi Vilas Bank saw its Q4 profit grow 22.5% to Rs 49.07 crore from strength in its retail and SME lending. The commercial lender Q4 net income increased 14.3% to Rs 758.84 crore from Rs 663.97 crore for the same period last year. The bank is seeing lending opportunities in the pharma and real estate sector. And they are looking at broadening the scope of their agricultural loans. The only possible areas of improvement bank can see are with regard to their CASA deposits and their net interest income.
29th Jan 16 Lakshmi Vilas Bank launches LVB Mobile app
LVB launched its mobile app to tap the digital banking space and diversify its offerings. The bank also inaugurated its first cash deposit machine at Global Village campus in Bengaluru
28th Jan 16 Lakshmi Vilas Bank Q3FY16 standalone net profit rises 42 per cent
LVB reported net profit of Rs. 46.07 Cr for the quarter ended December 2015 on fall in bad loans and healthy revenue from retail and corporate banking segments.
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