IFSC Code, MICR Codes for LAXMI VILAS BANK in ANDHRA PRADESH - HYDERABAD - AMEERPET - SIGN BRN AMEERPET

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


IFSC Code

LAVB0000121

MICR Code

500056009

Branch

SIGN BRN AMEERPET

Contact

23734333

Address

SHOW ROOM NO2 ADITYA TRADE CENTRE AMEERPET HYDERABAD 500038

City

AMEERPET

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of LAXMI VILAS BANK situated at SIGN BRN AMEERPET- RTGS-HO?
IFSC Code of LAXMI VILAS BANK situated at SIGN BRN AMEERPET - RTGS-HO is

LAVB0000121

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.