ELECTRONIC TAX REMITTANCE THROUGH LVB INTERNET BANKING

Happy to annouce the launch of E-TAX remittance facility. NOW PAY YOUR TAX ONLINE USING YOUR LVB INTERNET BANKING.


https://eseva.lvbank.in/tax/wf_home.aspx

Launching Three New Products

We are happy to inform the launching of three new products


1. Prepaid Gift
2. RUPAY cards
2. IMPS on the ATMs

Prepaid Gift Cards: Prepaid Gift Card to make gifting and receiving a pleasurable experience. The LVB Gift Card is authenticated by VISA and is acceptable at over 470000 merchant outlets that display the logos of Lakshmi Vilas Bank / VISA. Can be purchased over the counter .Available in denominations of Rs. 500/- to Rs. 50000/- . Valid for one year from the date of activation.

http://www.lvbank.com/Prepaid_cards.aspx

Rupay Cards: Suitable for customers who needs card only for ATM operations. Using RUPAY card customer can access all ATMs under NFS network/Cashtree network. http://www.lvbank.com/Rupay_card.aspx

IMPS Fund Transfer thru ATM: Interbank Mobile Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. Using this service, customers of any banks can do fund transfer or payment instantly using his/her mobile phones on 24x7 basis. Considering the real time process round the clock and more secured, ATM is considered as one of relevant channels and useful for customer to do IMPS fund transfer securely. Our customers can send money to other bank customers through LVB ATMs using his/her Debit cards.

http://www.lvbank.com/IMPS.aspx

Lakshmi Vilas Bank signs MoU with TCS for centralization of process

Mumbai, May 11, 2012: Lakshmi Vilas Bank, the leading, fast-growing Private Sector Bank today signed a MoU with TCS for centralization of back office operations and document management system.

This arrangement would facilitate centralization of the key processes like account opening, KYC compliance, loans and advances, Trade Finance, ATM card management and many more. This agreement would enable all the branches of the bank to collect applications or request forms from customers and forward them to Central Processing Cell (CPC) for processing. CPC (Central Processing Cell) will be responsible for all centralized business processes and Datacenter (DC) will provide and maintain IT related services like servers, data storage, network etc. The documents comprising of application forms and supporting documents collected at branches will be forwarded to the scan station for scanning and indexing. Primarily the Enterprise Content Management (ECM) will be deployed for data and document management.
The entire process would be implemented in two phases. Phase I would include the processes like Savings Account Opening, Current Account Opening, CC-OD/ Loan Account Opening (Post Sanction), Centralization of account opening under Financial Inclusion and more. Phase II will include Trade Finance, Opening Demat Accounts and 3 in 1 Accounts

Speaking on the occasion Mr. P.R. Somasundaram, MD & CEO, Lakshmi Vilas Bank said, “Centralisation is a natural and significant step in our journey towards leveraging technology for providing a faster, efficient and standardized service without, of course, losing our traditional ‘personal touch’ through our fairly large network. We were looking for a technology partner who could bring in a banking-specific solution to the table to centralize the bank’s back office operations and document management system. This tie-up will assist the Bank in providing a single platform that can be used for centralizing all the processes.”

Mr. G Srinivasa Raghavan, Country Head, India Business, TCS added, “Banks are increasingly focusing on simplifying branch operations for enhanced customer experience and integrate back office operations for higher employee productivity. TCS is delighted to partner with LVB in helping them transform branch processes and help establish integrated back office operations for higher cost efficiency”

Recruitment of MANAGERS – POS/CASA Sales.

Job Description: * Sourcing New Merchants for POS * CASA * Cross selling other Products & Services as prescribed by the Bank from time to time. Eligibility: Degree from any recognized University with 1 year sales experience (Freshers also be considered in case they have passion for sales) with effective communication skill in both English & local languages.  Age: 21 to 35 years (can be relaxed up to 40 years to well fit candidates).


Positions available at: Tamil Nadu, Karnataka & Andhra Pradesh.


Compensation: CTC ranges between Rs.2.00 lacs p.a. to Rs.2.25 lacs p.a. plus other applicable perks to the grade.


http://www.lvbank.com/careers.aspx