IFSC Code, MICR Codes for LAXMI VILAS BANK in KARNATAKA - DHARWAD - HUBLI - HUBLI

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


IFSC Code

LAVB0000296

MICR Code

580056002

Branch

HUBLI

Contact

2362561

Address

UMACHIGI COMPLEX1ST FLOORP B NO 102KOPPIKAR ROAD HUBLI 580 020 DHARWA

City

HUBLI

District

DHARWAD

State

KARNATAKA





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

LAVB0000296

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.