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Lakshmi Vilas Bank to open 400th branch, 750th ATM at Bangalore

02 Feb 2015 Evaluate

Lakshmi Vilas Bank is in process of opening its 400th branch and 750th ATM at Bommanahalli, Bangalore on February 02, 2015, celebrating as a BIG DAY. The bank which had 362 branches and 636 ATMs at the beginning of the year added another 38 branches and 114 ATMs during the course of the year.

While the 300th branch was opened in July 2013, the 400th branch has taken just 18 more months to get opened. These branches and ATMs are spread across 16 states and 1 Union Territory signifying the national presence of the bank. The bank is also announcing on the BIG Day that it is increasing its POS terminals to 4,000.

Further, the bank is also unveiling on this day, its new offering to HNI customers titled ‘LVB Crown Services’. This proposition has been designed to offer better service and enhanced benefits to its premium customers. LVB Crown Services enables the customer to avail the services of dedicated Relationship Managers, exclusive LVB Crown lounge services at select branches, Visa Platinum Debit Card, free Personal Accidental Insurance of Rs 25 lakh and 25% discount on other facilities like Locker rentals.

Peers
Company Name CMP
HDFC Bank 729.45
ICICI Bank 1332.00
Axis Bank 1186.50
Kotak Mahindra Bank 405.30
Indusind Bank 920.20
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