Lakshmi Vilas Bank reaches milestone – Inaugurates its 550th branch

Press Release

Chennai – April 23, 2018 - Lakshmi Vilas Bank one of the fastest growing private bank in Southern India, has reached a milestone of inaugurating its 550th branch.  The bank inaugurated 2 branches located in Saligramam and Chellapillaikuttai to reach this milestone. The focus of the bank is to cater the financial needs of people in rural and semi urban areas who occupy trading businesses, industry and agriculture.


The new branch at Saligramam is located at Old No. 62, New No. 82, Arcot Road, Opp. to Big Bazzar, Saligramam, Chennai and the branch at Chellapillaikuttai is located at 4/363B, Mallagoundanur, Chellapillaikuttai Post, Omalur, Salem.


Commenting on the milestone, Mr. P Mukherjee, MD & CEO, Lakshmi Vilas Bank said, “We are happy to inaugurate two new branches at Saligramam and Chellapillaikuttai to reach this milestone. We are focused and aligned to offer entire gamut of banking services to customers across rural and semi urban areas of Tamil Nadu. We look forward to bring a whole new world of convenience and flexibility to the customers.”


The inauguration of the new branch will allow more number of customers to avail Lakshmi Vilas Bank’s unique customer propositions along with full range of services ranging from Saving & Current Accounts, Loan products to Wealth Management and Credit cards.



About Lakshmi Vilas Bank

Lakshmi Vilas Bank was founded in 1926 and it has a national presence serving over 2 million customer accounts through its 550 branches, with PAN India presence, supervised by 11 Regional Offices, 7 Extension Counters and 1020 ATMs in 16 States and 3 Union Territories. The Bank is active across the entire spectrum of customer segments - retail, mid-market and corporate. Through its branches, the Bank also offers a host of para-banking products in association with Life, General and Health Insurance companies, mutual funds, stock broking houses, money remittance companies, etc. on a technologically advanced platform.