IFSC Code, MICR Codes for LAXMI VILAS BANK in ANDHRA PRADESH - HYDERABAD - SECUNDERABAD - SECUNDERABAD EXTENSI

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


IFSC Code

LAVB0000681

MICR Code

500056101

Branch

SECUNDERABAD EXTENSI

Contact

27536535

Address

SHREE GUJARATHI SEVA MANDAL1ST FLOOR 1141 RASHTRAPATHI ROAD SECUND

City

SECUNDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





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

LAVB0000681

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.