IFSC Code, MICR Codes for LAXMI VILAS BANK in RAJASTHAN - BHILWARA - BHILWARA - BHILWARA

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


IFSC Code

LAVB0000159

MICR Code

311056002

Branch

BHILWARA

Contact

9351967771

Address

SHOP NO3 AND 4BHANDARI PLAZAOPPNAGARPARISHADBHILWARA311001RAJASTHAN

City

BHILWARA

District

BHILWARA

State

RAJASTHAN





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

LAVB0000159

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.