IFSC Code, MICR Codes for LAXMI VILAS BANK in MAHARASHTRA - GREATER BOMBAY - EAST MUMBAI - CHEMBUR

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


IFSC Code

LAVB0000207

MICR Code

400056011

Branch

CHEMBUR

Contact

25261188

Address

RUNWAL CLASSIC PLOT NO 257 NEARDIAMOND GARDEN CHEMBUR EAST MUMBAI

City

EAST MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

LAVB0000207

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.