IFSC Code, MICR Codes for LAXMI VILAS BANK in ANDHRA PRADESH - ADILABAD - ASIFABAD - ASIFABAD

LAXMI VILAS BANK RTGS HO Branch in ASIFABAD - Address, IFSC, MICR Code


IFSC Code

LAVB0000120

MICR Code

504056622

Branch

ASIFABAD

Contact

868288

Address

NO.6 58 BY 10BESIDE CHAITANYA DEGREE COLLEGEMAIN ROADASIFABAD 504

City

ASIFABAD

District

ADILABAD

State

ANDHRA PRADESH





What is IFSC Code of LAXMI VILAS BANK situated at ASIFABAD- RTGS-HO?
IFSC Code of LAXMI VILAS BANK situated at ASIFABAD - RTGS-HO is

LAVB0000120

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.