IFSC Code, MICR Codes for LAXMI VILAS BANK in KARNATAKA - DAKSHIN KANNAD - MANGALORE - MANGALORE

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


IFSC Code

LAVB0000473

MICR Code

WAITING

Branch

MANGALORE

Contact

22631300

Address

14 1 741 BY 6SHOP NOS 1 TO 823 TO 27MAY FAIR CITYKRR ROADKARANGALPADYMANGALORE 575 003

City

MANGALORE

District

DAKSHIN KANNAD

State

KARNATAKA





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

LAVB0000473

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.