Lakshmi Vilas Bank (LVB) was conferred with the Best Performing Private Bank by PFRDA (Pension Fund Regulatory and Development Authority) under ‘Pledge to Persist’ campaign for achieving the target persistency for Atal Pension Yojana.
PFRDA aims to recognize the Companies on the basis of various parameters and Lakshmi Vilas Bank has won Best Performing Private Bank as it achieved monthly persistency target of 73%.
Peeush Jain – Head Retail Banking, LVB said “We are delighted to receive this honor and would like to thank PFRDA for recognizing LVBs commitment and endeavor towards financial inclusion in the country. Achieving the maximum persistency target is a testament of LVBs untiring efforts to help customers manage their retirement plan.”