Lakshmi Vilas Bank (LVB), one of India’s fastest growing bank, inroad to their digital journey, launches ‘Value’ (Prepaid) and ‘Delight’ (Prepaid Gift) Card with a vision to promote cashless economy in the country. The Value Card is a reloadable card which can be used at ATMs, PoS machines and E-commerce websites. With just basic KYC process, customers can do banking transactions including cash withdrawals for free across all LVB ATMs. It also offers multiple benefits such as safe and convenient transactions, easy reloading and is also valid on all merchant outlets.
On the other hand, Delight Card is a one-time loaded gift card as per the required amount set by the customers. This card can be used at PoS machines and E-commerce websites. Customers can also do non-financial transactions across all LVB ATMs for free. Delight Gift Card also replaces physical cash in occasions such as weddings, birthdays and so on.
Mr. Peeush Jain, Head - Retail Banking, Lakshmi Vilas Bank said, “We are delighted to launch Value and Delight card which is our step further towards promoting digital financial transactions among customers. These two cards will help our customers for convenient and smoother transactions across various platforms.” “Over the years we have been following the path of digital transformation and will continue to launch technology-based products and services to promote cashless banking habits” he further added.
Lakshmi Vilas Bank has already entered the digital space by rolling out multiple digital banking products where the bank has introduced various digital features and services like Robo Wealth advisory platform - FISDOM, Mobile Banking, among the few banks in India offering IMT services. The bank will continue to introduce offerings in line with the industry and client requirements.