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

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


IFSC Code

LAVB0000757

MICR Code

NA

Branch

TUMKUR

Contact

0

Address

BALAJI TOWERSNEXT TO TGMC BANK HONEAR TUMKUR UNIVERSITYASHOK NAGARB H ROADTUMKUR 572 103

City

TUMKUR

District

TUMKUR

State

KARNATAKA





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

LAVB0000757

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.