Hello sandeepnaik,
The LG32 has an integrated LCD driver that can supply LCD waveforms for 5 V glass. You can use the on-chip charge pump to create the 5V source needed to drive the LCD when operating the MCU at 3.3V.
The only time you should connect VLL3 to 5 V is when the MCU voltage is set at 5 V.
The externally supplied voltages MUST NOT EXCEED VDD :smileysad:.
Check out the reference manual, LCD section
Table 9-19. LCD Power Supply Options.
http://cache.freescale.com/files/microcontrollers/doc/ref_manual/MC9S08LG32RM.pdf?fpsp=1
Regards,
Philip :smileyhappy: