IFSC Code, MICR Codes for LAXMI VILAS BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - BANJARA HILLS

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


IFSC Code

LAVB0000153

MICR Code

NA

Branch

BANJARA HILLS

Contact

23734333

Address

PLOT NO 28 2 682BY B BY 2AROAD NUMBER 12BANJARA HILLSHYDERABAD 500 034

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





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

LAVB0000153

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.