IFSC Code, MICR Codes for LAXMI VILAS BANK in GUJARAT - SURAT - SURAT - SURAT2

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


IFSC Code

LAVB0000683

MICR Code

395056003

Branch

SURAT2

Contact

2550400

Address

GR FLOORAVADH BUILDING OPP RAJHANS POINTVARACHHA ROAD SURAT 39500

City

SURAT

District

SURAT

State

GUJARAT





What is IFSC Code of LAXMI VILAS BANK situated at SURAT2- RTGS-HO?
IFSC Code of LAXMI VILAS BANK situated at SURAT2 - RTGS-HO is

LAVB0000683

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.