IFSC Code, MICR Codes for LAXMI VILAS BANK in HARYANA - PANIPAT - PANIPAT - PANIPAT

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


IFSC Code

LAVB0000530

MICR Code

132056002

Branch

PANIPAT

Contact

9354520222

Address

SONALI ROADOPPOSITE HYDERABADI HOSPITALPANIPET132 103 HARYANA

City

PANIPAT

District

PANIPAT

State

HARYANA





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

LAVB0000530

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.