The Lakshmi Vilas Bank is a private sector bank which was founded in the year 1926. This bank has its headquarters in Chennai, Tamil Nadu, India. The bank started to function by a group of seven businessmen of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar. The aim of the bank was to fulfill the financial needs of the people around Karur who were involved in agriculture, business trading, industry etc. Later, the Reserve Bank of India gave a green signal to the Bank on 19th June 1958. After getting the license from the Reserve Bank of India, on 11th Aug 1958, the Bank became a “Scheduled Commercial Bank” signifying capability to operate as a full-fledged operating bank.
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Products and Services Offered by The Lakshmi Vilas Bank
The Bank offers a wide range of products and services. Some of them are
- Consumer Banking
- Corporate Banking
- Finance and Insurance
- Investment Banking
- Mortgage Loans
- Private Banking and
- Wealth Management
Parthasarathi Mukherjee is the Managing Director and the CEO of the Bank. The Bank has a network of 508 branches and 981 numbers of ATMs and a total of 3,565 number of employees as of 2016.
IFSC Code of the Lakshmi Vilas Bank
The IFSC Code of the Bank is LAVB0000371. The last six digits of the bank represent the branch code of the bank. Step by step procedure to find IFSC Code of Lakshmi Vilas Bank.
- Go to the official website of Rupeenomics.com
- Click on “IFSC Code”
- Select the bank of which you require the IFSC code
- Fill your bank name, branch name, state and district and click “ok”
- You will be directed to a page where you will get the details of IFSC code of the particular bank branch
- The IFSC code of Lakshmi Vilas Bank starts with LAVB followed by 0 and the 6-digit unique number assigned to all the branches
Visit here to know the IFSC Code of Lakshmi Vilas Bank and its branches.
How to link Aadhaar with Lakshmi Vilas Bank Account
Nowadays the Government of India has made it compulsory to link Aadhaar with the Bank. Earlier the date was 31st August which was later extended giving a final deadline of 31st December 2017. Therefore, the banks are requesting their customers to link their Bank accounts with Aadhaar card as soon as possible.
The Lakshmi Vila Bank provides an offline mode of linking Aadhaar with Lakshmi Vilas Bank.Below are the steps to link Aadhaar with a Lakshmi Vilas Bank.
- Visit the Lakshmi Vila Official Website (www.lvbank.com), where you will find a link to download the Aadhaar linking form.
- Fill in the form and submit it to the nearest Lakshmi Vilas Bank.
- Carry the following documents – Original and Photocopy of the Aadhaar Card and Bank Passbook.
- Give the application form along with the photocopy of the Aadhaar to the bank official. They may ask you for the original Aadhaar card for verification purpose.
- After the verification is done, the bank will send you the confirmation message and within 3-5 days your Aadhaar will be linked to your Bank Account.
So, hurry and link your Aadhaar with your Bank Account.
To check Aadhaar and Bank Account Link Status visit here: Services Offered by the UIDAI Official website.
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