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

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


IFSC Code

LAVB0000553

MICR Code

575056001

Branch

PUTTUR

Contact

236640

Address

V963 COURT ROAD PUTTUR TALUKDAKSHIN KANNAD KARNATAKA 574201

City

PUTTUR

District

DAKSHIN KANNAD

State

KARNATAKA





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

LAVB0000553

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.