lvbank.com SMS Banking : Lakshmi Vilas Bank

Organization : Lakshmi Vilas Bank Ltd
Facility : SMS Banking

Details : http://www.lvbank.com/smsbank.aspx
Home Page : http://www.lvbank.com/Home.aspx

SMS Banking :

** Lakshmi Vilas Bank brings banking to your mobile phone.
** Use your mobile phone to inquire your latest account balance, know the status of cheque book request, etc. via SMS

Related : Lakshmi Vilas Bank Ltd Open Account Online : www.statusin.in/2224.html

** Any customer holding a Savings or Current account with us is eligible.

Note:
The Customers who have already registered for SMS Alert facility with the bank have to initiate a Registration SMS request from your Mobile to LVB SMS Banking system and get registered for the SMS Request service.

Salient Features of SMS Banking :
** Daily balance alerts in the morning. (only for Current Account holders)
** Alert on any debit transactions of Rs.5,000/- and above. (only for Savings Bank Account holders)
** Alert on any credit transactions of RS.5,000/- and Above. (only for Savings Bank Account holders)
** Alert on any debit transactions of Rs.10,000/- and above. ( for Current Account holders)
** Alert on any credit transactions of RS.10,000/- and Above. ( for Current Account holders)
** Over line / Temporary Overdraft Alerts.
** Registration for Mobile Banking**
** Facility to change the Default account.
** Account Balance Details(account attached to the respective CIF ID)
** Account Activity(Last 5 Transactions)
** Cheque status enquiry
** Fixed Deposit Details
** Change Default account
** De-registration

** Initially the user has to submit a form for registering his mobile number with the bank, before activating the mobile banking services

What is SMS Banking?
SMS Banking is a service that enables you to do banking transactions anywhere, anytime using your mobile phone without making a call, using the SMS facility.

What are the services available under SMS Banking?
With SMS Banking, you can avail following types of services,
SMS Push Service:
Registered Alerts:
** Morning balance alerts*
** Alert on any debit transactions of Rs.5, 000/- and above for Savings Account and for Rs. 10,000/- and above for Current and CCOD customers.*
** Alert on any credit transactions of RS.5, 000/- and above for Savings Account and for Rs. 10,000/- and above for Current and CCOD customers.*
** OVERLINE / TOD Alerts.*

*User has to register for Daily/Credit/Debit & TOD Alerts.

Mandatory Alerts:
** Alert for NEFT transaction to the sender
** Transaction done using Card either at POS, ATM or card not present transactions (E commerce) – as per RBI guidelines.
** Alerts for IMPS Transactions
** One-time Password

Information Alerts:
** Alert for NACH Return
** Alert for TD maturity
** Alerts for New accounts opened through CPC
** Other Card Related Alerts such as for Blocking, Hot listing, pin change, pin tries exceed, Card blocked, Card Activation alerts etc.
** E-Tax Payment Alerts

SMS Pull Service:
** Registration for SMS Banking
** Account Balance Details(account attached to the respective CIF ID)
** Account Activity(Last 5 Transactions for default account)
** Account Activity (Last 5 Transaction for other accounts)
** Cheque status enquiry
** Fixed Deposit Details
** Change Default account
** De Registration

What is the procedure for availing SMS Alert services?
You can avail this facility by submitting a simple registration form to our branch.

What are the benefits of SMS banking?
Customer is informed of transactions happening in the account in addition to balance.

Any Eligibility Criteria for registering for SMS Banking?
Customer should have an active Savings/ Current / CCOD Account with LVB to avail this service.

What are the charges for SMS Banking?
Yes, SMS alerts will be charged on actual usage basis at 50 paise (incl. of service tax) per SMS at monthly intervals with effect from 01st October 2014.

Whether the Charges are for all accounts of a customer or account wise?
Customer will be charged for every account registered for SMS alerts. It will be charged on actual usage basis at 50 paise (incl. of service tax) per SMS at monthly intervals with effect from 01st October 2014.

What are the types of SMS alerts that will be charged and not charged?
OTP (One Time Password), Wrong PIN or PIN Change Alerts in ATM channel, Card Issuance Alerts, Card Block Alerts, TD Maturity Alerts, New Account Opening Alerts, ETAX Payment Alerts and any Promotional SMS sent from Bank end are all Non-Chargeable alerts. Apart from the above, all other alerts are Chargeable.

I do not wish to receive SMS since it is chargeable, Can I cancel the SMS Alert Facility?
Yes, Customer can cancel the SMS alert Facility by approaching the branch, however mandatory SMS Alerts like ATM/ POS/ ECOM/IMPS Transaction Alerts, NEFT, NACH Mandate Return Alerts cannot be stopped and bank will charge on actual basis only.

To which number shall the SMS be sent in case of SMS pull services?
You should send the SMS in the specified format to 9282441155, to avail the following pull services,
** Registration for SMS Banking
** Account Balance Details(account attached to the respective CIF ID)
** Account Activity(Last 5 Transactions for default account)
** Account Activity (Last 5 Transaction for other accounts)
** Cheque status enquiry
** Fixed Deposit Details
** Change Default account
** De Registration