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

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


IFSC Code

LAVB0000542

MICR Code

605056002

Branch

PONDICHERRY

Contact

2336400

Address

232 234 JAWAHARLAL NEHRU STREET PUDUCHERRY 605 001

City

PONDICHERRY

District

PONDICHERRY

State

PUDUCHERRY





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

LAVB0000542

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.