IFSC Code, MICR Codes for LAXMI VILAS BANK in KARNATAKA - BANGALORE RURAL - BANGALORE - BTM LAYOUT

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


IFSC Code

LAVB0000152

MICR Code

NA

Branch

BTM LAYOUT

Contact

0

Address

NO 2817TH MAINMICO EHBCOS LAYOUTBTM II STAGEBANGALORE 560 076

City

BANGALORE

District

BANGALORE RURAL

State

KARNATAKA





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

LAVB0000152

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.