IFSC Code, MICR Codes for LAXMI VILAS BANK in KARNATAKA - BELLARY - HOSPET - HOSPET

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


IFSC Code

LAVB0000298

MICR Code

583056202

Branch

HOSPET

Contact

228885

Address

SHARADA COMPLEX 1ST FLOOR489 495PATTEL NAGAR NEAR SHANBAG CIRCLE HO

City

HOSPET

District

BELLARY

State

KARNATAKA





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

LAVB0000298

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.