Lakshmi Vilas Bank (LVB), a leading and fast growing private sector bank has tied up with Visa to launch the ‘Lakshmi Vilas Bank International Visa Debit Card’. The launch of the LVB Visa Debit card would give the new and existing 200,000 customers an opportunity to shop, dine, pay bills, book tickets in addition to helping them withdraw cash both in India and globally. With this card, they can make online purchases, pay utility bills, buy movie, airline or rail tickets conveniently and securely with e-commerce functionality enabled through ‘Verified by Visa’.
KSR Anjaneyulu, MD & CEO of Lakshmi Vilas Bank said, “The launch of the Visa Debit card marks another milestone for the bank. It reflects the bank’s continuous commitment towards providing customers with quality products that will enhance their lifestyle by giving access to Visa-accepting merchant outlets worldwide through offline point of sale as well as online.”
The Bank has made a significant leap in technology by achieving 100% core banking and is having 168 ATMs across the country within the shortest possible time. Based on the robust technology platform, LVB has been in constant pursuit of introducing various customer centric products and services. Aligning with the corporate mission, many value added services like Internet banking facility, inter-bank funds transfer (RTGS) in Internet banking, SMS alerts, mobile banking, multicity accounts, RTGS/NEFT facilities at all branches have been introduced.
Recently, the Bank received the Oracle Financial Services Software Limited appreciation award for its ‘Sustained Leadership in Quality Banking through most appropriate adoption of Technology”. This is the second award the Bank is receiving in a short span of time. Earlier, it had received the Diamond Award from Hitachi Data Systems under the category “Most Innovative Use of Technology”.