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 Lakshmi Current Subham Account

 

LAKSHMI CURRENT SUBHAM ACCOUNT

Eligibility

All as per existing Current Account norms

S. No.

 

Features

Particulars

1

Average Monthly Minimum Balance(AMMB)

Rs.20,000/-

2

Cash Remittance

 

a. at home branch

No Ceiling on remittance amount. [Note:Upto 10 sections - Free per day,there after Rs.5/- per section]

b. at Non base Branches

Upto Rs. 30000/- per day-Free

Above 30000 to Rs.3 lacs per day : Re.1/1000

Above Rs.3 lacs per day : Rs.2/1000 is to be collected

 

3

Cash Withdrawal

 

a. at home branch

No Ceiling.

b. at Non base Branches

Free up to Rs.50000/- per day (including Cash and transfer).No Third party Withdrawals.

4

Inward Clearing Charges

 

a. at home branch

Free

b. at Non base Branches

Free up to Rs.10 Lakhs per month, there after Rs.1/- per Rs.1000/-.

5

Outward Clearing Charges

 

a. at home branch

Free

b. at Non base Branches

Free up to Rs.10 lakhs in a month. If exceeds for every additional Rs. 1 lakh- charges Rs.50/-.

 

6

Outstation Collection Charges (OCC - Outward Cheque for Collection)

Upto Rs.10,000/- :Rs.50 Above Rs.10,000/-to Rs.1,00,000/- :Rs.100 Above Rs.1,00,000 - :Rs.150

7

Inward Clearing return Charges

 

a. at home branch

With the minimum of Rs.100/- per cheque

b. at Non base Branches

With the minimum of Rs.100/- per cheque

8

Outward Clearing return Charges

 

a. at home branch

Rs.10/- per cheque

b. at Non base Branches

Rs.10/- per cheque

9

OBC/OCC cheque return charges

Upto Rs.10,000/- :Rs.50 Above Rs.10,000/-to Rs.1,00,000/- :Rs.100 Above Rs.1,00,000/-  Rs.150

10

DD/B.C (PO) Charges

Free up to Rs.50 lakhs per month. There after Rs.2.25 per Rs.1000/-.

11

Charges for non-maintenance of Average Monthly Minimum Balance

Rs.500/- per month

12

RTGS/NEFT Charges

RTGS – Outward Transaction only

• Rs.1 Lakh to Rs.5 Lakhs–Rs.25/- per transaction.
• Above 5 Lakhs –Rs.50/- per transaction.
NEFT – Outward Transaction only
• Upto Rs.1 lakh -Rs.5/- per transaction

13

Others

Multicity cheque Book -cost Rs. 2/- per leaf.

Statement of Account through E Mail Free (once in a month. ie. last day only)

Free ATM Card - only for Individual / proprietory concerns

SMS Alerts -Rs.10,000/-& above(DR/CR) - free

Net Banking Facility – Free

Standing Instruction –Within the bank Free.

CHAIRMANs Speech

CHAIRMANs Speech at the 82nd Annual General Meeting on 28th August 2009

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Annual General Meeting

Notice is hereby given that the 83rd Annual General Meeting of the members of the Bank will be held at Registered Office on Wednesday, the 04th August, 2010 at 10.00 a.m.

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ATM Claim Format

Customers are requested to submit ATM Claims as per the format enclosed.

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Switching from Benchmark Prime Lending Rate to Base Rate

Base Rate of our Bank is 8.75 percent p.a with effect from 1st July 2010

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Audited Financial Results for the year ended 31st March, 2010

Audited Financial Results of our Bank for the year ended 31st March, 2010

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