Information on Migration of Internet and Mobile Banking

The world’s best digital banking experience is coming soon!

Your digital banking experience is about to get elevated with digibank by DBS - your digital banking partner. Your erstwhile LVB internet and mobile banking platforms will soon be migrated to digibank by DBS. Please note that once the migration process is completed, Lakshmi Vilas Bank’s internet and mobile banking applications will no longer be accessible.

The following are pre-requisites to link your LVB bank account on digibank by DBS internet banking or mobile banking app:

• You hold a valid Debit Card and PIN – your existing debit card and current PIN (Personal Identification Number) will be valid if the expiry date of your debit card is not before the migration date
• Your mobile number is registered with us, and a unique mobile number is linked with your Customer ID
• Your email address and PAN are registered with us. This will enable you to retrieve your login credentials in case you forget your login credentials.

In case you need further assistance, please walk into your nearest branch.

Other important changes you need to know about this migration:

• Post-migration to digibank by DBS, you will be able to view and change your daily fund-transfer limit. You will be able to transfer funds within the defined limit of up to Rs. 5 Lakh for Mobile Banking, and up to Rs. 20 Lakh (depending on savings account defined limits) for Internet Banking. The above-mentioned limit is applicable for:
  • Transferring funds to other DBS Bank accounts
  • Transferring funds to other bank accounts (IMPS, NEFT, RTGS & UPI)
  • Overseas remittances
  • Payment via the merchant's website
  • Utility bill payments e.g., DTH, mobile prepaid, electricity, etc

  Experience Instant, Intelligent, and Intuitive digital banking with digibank by DBS

  • Manage multiple accounts from different banks via UPI in a single app
  • Quick and easy digital payments with Scan & Pay, UPI and Bill pay
  • Same-day international money transfers at zero fees
  • Invest in Mutual funds in a flash with Morningstar 5-star rated funds
  • Instant & paperless personal loans
  • No wait time for new beneficiary fund transfer
  • Intelligent alerts to help you stay on top of your spending and savings

  You can continue to get access to the following from your nearest branch:

  • Cheque-positive Pay services through branch or contact centre
  • Servicing of loans and overdrafts against Term Deposits through branches