Through Lakshmi Savings Youth Power any purchaser for this product can relish on the loan facility to accommodate one’s own expenditure requirements for investments or for any kinds of general corporate purpose.
|Eligible Age||The age group is between 12 to 24 years|
|Age Proof||· Birth Certificate
· School/college Certificate
· Passport or any valid documents.
|Minimum Balance||Rs 100|
|Documents Required||A saving bank account opening form with photo and age proof documents attached. All KYC documents are necessary.|
|Cash Remittance Charge||· At base branch : Free
· At non-base branch : Free up to Rs 5000 per dat and afterward Rs 1/1000 with a minimum of Rs 10 is levied on per transaction.
|Cash Withdrawal||· At base branch : no limit
· At non-base branch : not allowed
|DD/PO Charges||· Free for all kinds of fees like payment of school, colleges or hostel fees.
· For other service, charges are applicable as per rules and regulations of the bank.
|Overdraft Facility||Not available|
|Fund Transfer between LVB||Free|
|Cheque Book Facility||· 12-17 years : no cheque book facility
· 18 and above : cheque book facility available.
|Debit Card||VISA International Debit card(free for the first year with the withdrawal limit of Rs 5000 per day, and from the second year onwards Rs 100 is levied.|
|Internet Banking||· 12-17 years : no internet banking
· 18 and above : interenet facility is available
|Non-maintainence Charges||Rs 50 per month|
Get More details About Saving Account Schemes