Lakshmi Prime Account under LVB is basically meant to handle your cash, it provides extensive banking facilities to mostly non-profit organisations like trusts, associations, societies clubs etc. and comes with the best features which are briefly stated below in the table :
|Quarterly Average Balance (QAB)||The quarterly average balance is Rs 1 lac|
|Cash Remittance||· At base branch : Free
· At non-base branch : Free, up to Rs 50,000 per day and afterward Rs1/1000 with a minimum of Rs 20 is charged in per transactions.
|Cash Withdrawal||· At base branch : Free
· At non-base branch : Free, up to Rs 1 lac per day and afterward Rs 2/1000 with a minimum of Rs 50 is charged per transaction.
|Outstation Clearing Charges||Outstation Clearing Charges are charged at normal rates as per Regular savings accounts.|
|Clearing Return Charges||· Inward Clearing Return Charges : Rs 50 per occasion.
· Outward Clearing Return Charges : Rs 50 per occasion.
|DD/PO charges||Free, without any limitation amount|
|Non-maintainence Charges||Rs 250 per quarter is charges not maintaining the minimum balance.|
|RTGS/NEFT||Free, up to 25 RTGS and NEFT transaction per month.|
|Door to door service||Available at certain cost|
|Cheque Book||Free, 50 cheque leaves per calendar quarter.|
|Stop Payment Charges||Free|
|Statement of Account||Free e-mail statement which you receive monthly|
Get More details About Saving Account Schemes