After demonetisation in india, Use of LVB Bank Debit Card, Credit Cards, UPI payments, and online banking has increased significantly. LVB Bank is well known Bank in India. LVB Bank provide various services to its retail as well as corporate Bank customers. LVB Bank Bank Account holders can avail services like Fund transfer, Bill Payment, Apply for a new LVB Bank Debit Card, Apply for a new LVB Bank Credit Card, open a new FD/RD account and book tickets and much more without paying any additional charges or fees provided that they have an internet connection and their mobile number is registered with the LVB Bank.
Lakshmi Vilas Bank Limited was an Indian private sector bank established in 1926 in Karur, Tamil Nadu. As of November 2020, the bank has 566 branches in 19 states and 1 union territory. On 27 November 2020, the bank was merged into the Indian subsidiary of DBS Bank.
Lakshmi Vilas Bank was founded in 1926 by a group of seven businessmen of Karur under the leadership of Shri V. S. N. Ramalinga Chettiar. Their objective was to cater to the financial needs of people in and around Karur who were occupied in trading businesses, industry and agriculture. The bank was incorporated on 3 November 1926 under the Indian Companies Act, 1913, and obtained the certificate to commence business on 10 November 1926. Subsequent to introduction of the Banking Regulations Act, 1949 and Reserve Bank of India as the regulator for the banking sector, the bank obtained its banking license from RBI on 19 June 1958, and on 11 August 1958 it became a 'scheduled commercial bank' signifying capability to operate as a full-fledged commercial bank.
LVB Bank offer a wide range of debit cards to their customers to choose.
LVB Bank debit card come with a wide range of benefits for its bank customers. Using this Card, ATM Services and purchase facility at Point Of Sale (POS) Terminals can be availed by the LVB Bank Card Holders. ATM Card holder of our Bank is also able to use ATMs of NFS and VISA member Bank
Cash Withdrawal, Fast Cash
Funds transfer (only among accounts linked to a card)
Cash/ Cheque Deposit in selected ATMs
Cheque Status Inquiry
Stop Payment of Cheques
Activation/ Deactivation of ATM Card for as Debit Card to use the same for payment through point of Sale and ecommerce transactions.
SMS Alert Registration/ Modification of SMS Alert Mobile Number
Mobile Banking Registration and De-registration
How to apply for LVB Bank Debit Card?
All LVB Bank customers who are have Savings Bank accounts or Current accounts and are above 18 years of age are eligible for the LVB Bank Bank International Debit cum ATM Card.
If a user does not have LVB Bank Savings account or Current account, Then one must first open a account in LVB Bank branch.
User can apply for LVB Bank Debit Card while opening a saving account or current account with the bank, or the user can apply for it later as well once his bank account is opened by filling out the application form for the card and submit it to the bank branch.
After this between 7 to 21 working days bank customer will receive LVB Bank ATM cum debit card at his registered address.
After this bank customer can collect the PIN number for the card from the branch or Bank would send PIN at registered address through seperate post.
Now Finally customer, can avail LVB Bank banking facility at any of LVB Bank Bank network ATM or through other bank ATM.
LVB Bank Debit Card Fees and charges?
Usually there are no charges for issuing the LVB Bank debit card to the primary and the joint account holders.
Incase you have lost or damaged your LVB Bank Debit / ATM card for re-issuing your card bank would charge a nominal fee.
Different types of LVB Bank Debit Cards
LVB Bank - LVB Bank: offers different types of debit cards choose from the list given below based on your preference and charges and advantages you are getting with these LVB Bank Debit Cards.
LVB Classic Debit Cards
Comprehensive Accidental Insurance upto 1 Lakh
Exclusive Merchant Offers
LVB Platinum Debit Cards
Airport Lounge Access Program
Personal Accident Insurance upto 2 Lakhs
Merchant Offers and Benefits
LVB Signature Debit Cards
Global acceptance - Visa Signature card is accepted at tens of millions of merchants worldwide.
Global customer assistance - If you have lost your Visa card, Visa can help block your account, send a replacement card and provide emergency cash.
Global ATM network - Get cash when you need it. Your Visa Signature card is accepted at over 1.9 million ATM locations worldwide
Visa Airport Lounge Access Program - Enjoy complimentary Airport Lounges access and more in India
Exclusive Merchant Offers
Benefits of holding LVB Bank Debit Card
There is no admission charge on processing charge on the debit card. The card will be absolutely free of cost for the first year, and from the second year onwards a small amount of Rs. 75 will be charged as a service charge.
Usually the debit card issues by the bank is valid for 5 years from the month of issue of the card.
You can use your debit card to avail various services like withdrawing cash, paying bill, online shoping, booking a ticket and to purchase fuel at petrol pumps etc.
These cards are accepted all over india, infact some are accepted internationally as well..
You can enjoy various discount and offers run by various online shopping website.
LVB Bank Debit Cards FAQs
⭐Q. What is eligibility to apply for LVB Bank Debit Card?
To apply for LVB Bank Debit Card user should have saving account or current account in LVB Bank and should be above 18 years of age.
⭐Q. Can i use LVB Bank Debit Card at other Bank ATM?
Yes you can use LVB Bank Debit Card at other Bank ATM Machine
⭐Q. How to can i activate LVB Bank Debit Card?
To activate LVB Bank ATM / Debit card just visit nearest LVB Bank ATM and follow the instructions to activate the card
⭐Q. What to do if LVB Bank Debit Card is lost?
If your LVB Bank Debit Card is lost simply block your card by calling LVB Bank customer care or tollfree number or by visting nearest LVB Bank branch.
⭐Q. What is the fee charge by LVB Bank for issuing a Debit Card?
Generally bank doesn't charge any fee for issuing a debit card or atm card for the first time. But incase your card is lost or damaged then for issueing another card they charge a nominal fee ranging between Rs. 100 to 250 which vary from bank to bank.
⭐Q. What all you can do with LVB Bank ATM / Debit Card?
With the help of LVB Bank ATM card you can register for LVB Bank Net Banking online and also you can reset LVB Bank Net Banking Password online at any given point of time.