IFSC Code, MICR Codes for LAXMI VILAS BANK in KARNATAKA - BANGALORE URBAN - BANGALORE - KORAMANGALA BANGALOR

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


IFSC Code

LAVB0000167

MICR Code

560056008

Branch

KORAMANGALA BANGALOR

Contact

25630749

Address

68 KORAMANGALA IND LAYOUT 5TH BLOCK KORAMANGALA BANGALORE 560 095

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





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

LAVB0000167

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.