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

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


IFSC Code

LAVB0000225

MICR Code

560056009

Branch

DEVANAHALLI

Contact

27681511

Address

NO.842 BY 205NEAR OLD BUS STANDBBROADDEVANAHALLI TOWNBANGALORE DT

City

DEVANAHALLI

District

BANGALORE RURAL

State

KARNATAKA





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

LAVB0000225

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.