Lakshmi Vilas Bank Limited was a private sector bank with its headquarters in Chennai, India. Lakshmi Vilas Bank was founded on November 3, 1926, and will cease operations on November 27, 2020. The bank had over 500 branches in about 19 states across India. SHRI V.S.N. Ramalinga Chettiar led a group of seven Karur businessmen in establishing the bank.
Lakshmi Vilas Bank (LVB) Net Banking
Lakshmi Vilas Bank was renowned to provide numerous services to its consumers. Internet banking was a valuable and popular feature of Lakshmi Vilas bank. Internet banking utilizing a Lakshmi Vilas bank account allows you to transfer funds, conduct online transactions, check your account balance, and other functions. LVB also provided safety and security to its customers who used the net banking feature. This article will show you how to register, activate, and log in to your LVB internet bank account. Read on to learn more.
Lakshmi Vilas Bank (LVB) Net Banking Features
Some of the characteristics of LVB corporate net banking are listed below:
- It also offers NEFT, RTGS, and third-party fund transfer, so one can effortlessly transfer monies in other bank accounts.
- Provides an online loan repayment facility.
- One can easily open Term Deposits online (e-DCD).
- Allows you to check the status of your cheque book and make a request. It also allows you to easily cancel a checkbook request without having to go to the bank.
- It stores detailed information on account details, cheque status, transaction history, account balance, and statements.
- LVB Corporate Net Banking facilitates online requests, such as mobile/DTH recharge.
What are the Requirements for Registering and Activating a Lakshmi Vilas Bank Account?
Registering and activating your Lakshmi Vilas bank account for internet banking is simple. After registering, you will receive your User Id and Password, which you can use to log in. However, you will need a few items before you can register for an LVB online bank account. Here are these.
- Your Lakshmi Vilas bank account number.
- Your Lakshmi Vilas Bank passbook for your account.
- Your registered mobile phone number with Lakshmi Vilas Bank.
- Your registered email address with Lakshmi Vilas Bank.
- Your Lakshmi Vilas Bank ATM or debit card.
Lakshmi Vilas Bank (LVB) Net Banking Registration Online
To use Lakshmi Vilas Bank (LVB) net banking services, first register and activate your account. Follow the steps below to learn how to register and activate your LVB net banking account online. Here are the steps.
- Open any browser and navigate to Lakshmi Vilas Bank’s official website.
- Once you’ve arrived at Lakshmi Vilas Bank’s webpage, click the login button.
- A new page will open, with two alternatives. One would be login, while the other would be Register. Select the “register” option.
- A new page will open, displaying the terms and conditions for using Lakshmi Vilas Bank internet banking. Read them and then select the “Continue to Net Banking” option.
- Wait a few seconds as another page opens. When the website opens, select the “Register” option.
- Next, you’ll need to enter some information about your Lakshmi Vilas Bank Account. Keep your banking credentials on one page so they are easy to find when needed. After filling out the form, select the “Continue” option.
- You will now receive an OTP to your registered mobile phone number for your Lakshmi Vilas Bank account. Enter the OTP into the OTP box and click “Submit”.
- You will now be guided to create a password for your Lakshmi Vilas Net banking account. Create a strong password and then select the Continue option.
- Again, you will be prompted to “Confirm” the terms and conditions of Lakshmi Vilas Bank’s net banking rules. Select the Agree option.
- All of the steps are now complete, and your Lakshmi Vilas Bank net banking account has been activated. It may also take a few business days for the net banking account to be completely operational.
How to Register an Lakshmi Vilas Bank (LVB) Net Banking Account Offline?
Sometimes the internet is not available, and one must rely on offline ways to register for an internet banking account. Lakshmi Vilas Bank offers both online and offline ways for registering and activating an internet banking account. Here are the steps for offline registration:
- Visit the closest Lakshmi Vilas Bank to your home.
- Request a Lakshmi Vilas Bank internet banking registration form.
- The form will require you to provide your information and banking credentials. Fill out the form correctly and carefully.
- Wait a few days to obtain your Login ID and password. You will receive it via SMS or Telegram.
- Your online banking account with Lakshmi Vilas Bank has now been activated.
How to Login to Your Lakshmi Vilas Bank (LVB) Net Banking Account?
You will need to log in to your Lakshmi Vilas Bank (LVB) Net Banking account to use all of the net banking capabilities and transfer funds as needed. The steps are–
- Visit Lakshmi Vilas Bank’s official internet banking page.
- Go to the login page and enter your login id and password that you created during registration.
- Then click on the login option.
- You can now successfully use all of the features of your LVB internet banking account.
Do’s
- Make a strong password and use alphanumeric characters.
- Always log off from the account before shutting down the computer or laptop.
- Change both transaction and login passwords often.
- To ensure the account’s security, always set secret questions and answers that cannot be easily guessed.
- Always update the mobile number and email address at the bank’s branch.
- Register for two-factor authentication as well.
Don’ts
- Never exchange passwords.
- Do not react to emails requesting passwords, mobile numbers, or bank account information. They could be bogus because the bank never requests them.
- Do not share the login user ID, password, or PIN with anybody.
- Remember to log off before shutting down your computer.
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How to Unlock User ID in Lakshmi Vilas Bank?
If any of the account holders repeatedly log in with the incorrect password on LVB Corporate Net Banking, their account will be locked or disabled, and they will need to unlock their user ID to access their accounts.
- In certain cases, account holders can unlock their user IDs by sending an SMS to the bank using their registered cellphone number.
- Account holders can send an SMS from their registered cellphone number to 9282441155 with the text LVB ULK xxxxxx, where ‘xxxxxx’ is the user ID. The message should be formatted as follows:
- LVB<one space>ULK<one space><user_id> , For example: LVB ULK 12345.
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