IFSC Code, MICR Codes for LAXMI VILAS BANK in PUDUCHERRY - KARAIKAL - AMBAGARATHUR - AMBAGARATHUR

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


IFSC Code

LAVB0000116

MICR Code

609056103

Branch

AMBAGARATHUR

Contact

252800

Address

67 MAIN ROAD AMBAGARATHUR 609 601PONDICHERRY

City

AMBAGARATHUR

District

KARAIKAL

State

PUDUCHERRY





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

LAVB0000116

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.