IFSC Code, MICR Codes for LAXMI VILAS BANK in ANDHRA PRADESH - GUNTUR - ANGALAKUDURU TENALI - ANGALAKUDURU

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


IFSC Code

LAVB0000122

MICR Code

520056202

Branch

ANGALAKUDURU

Contact

233033

Address

9 DASH 15 DASH 1 NEAR J H J COLLEGEANGALAKUDURU TENALI

City

ANGALAKUDURU TENALI

District

GUNTUR

State

ANDHRA PRADESH





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

LAVB0000122

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.