Lakshmi Vilas Bank opens new branch at Visakhapatnam in Andhra Pradesh

Lakshmi Vilas Bank has opened a new branch at MVP Colony, Visakhapatnam in the Andhra Pradesh. It was the bank’s fourth branch in the city, and the 48th in the Andhra Pradesh. The bank is planning to expand its presence to other States, especially Andhra Pradesh and is planning to open 50-60 new branches in the country in the coming financial year 2016 -17.

The bank has 455 branches, including this one and it is the 200th branch outside Tamil Nadu. The bank has already opened 55 new branches in 2015-16 and by the month-end, it will add five more. 

Lakshmi Vilas Bank offers a wide range of services such as Deposits, loan, MSME, Online Services, NRI services, Wealth Management Services and Personal banking services etc.