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

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


IFSC Code

LAVB0000361

MICR Code

609056102

Branch

KARAIKAL

Contact

222410

Address

107 IST FLOOR BHARATHIYAR ROAD PB NO 34 KARAIKAL 609 602 PONDICHERR

City

KARAIKAL

District

KARAIKAL

State

PUDUCHERRY





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

LAVB0000361

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.