Lakshmi Vilas Bank - IMPS

Lakshmi Vilas Bank joins IMPS with soft launch on 19/01/2011

Lakshmi Vilas Bank now is part of the IMPS.

LVB has 237 + branches, and the major advantage of joining IMPS is LVB customers will be able to transfer funds to other IMPS Bank account holders.

LVB has presence in 105 semi-urban locations in Tamil Nadu. These locations are yet untapped by large banks. LVB will have an edge in the said locations.

The Lakshmi Vilas Bank Limited (LVB) was founded eight decades ago ( in 1926) by seven people of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar, mainly to cater to the financial needs of varied customer segments.

Incidentally Karur Vysya Bank too has its founding roots in Karur.