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

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


IFSC Code

LAVB0000446

MICR Code

571056502

Branch

MANDYA

Contact

220693

Address

11271ST FLOOR P.B.NO. 24 IST CROSS ASHOK NAGAR MANDYA 571 401 MANDYA

City

MANDYA

District

MANDYA

State

KARNATAKA





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

LAVB0000446

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.