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

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


IFSC Code

LAVB0000175

MICR Code

400056003

Branch

MATUNGA MUMBAI

Contact

24070417

Address

4 BY 209 B P B NO 26603 MATUNGA EAST MUMBAI 400 019GREAT MUMBAI DT MAH

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

LAVB0000175

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.