IFSC Code, MICR Codes for LAXMI VILAS BANK in TAMIL NADU - CUDDALORE - PANRUTI - PANRUTI

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


IFSC Code

LAVB0000533

MICR Code

607056202

Branch

PANRUTI

Contact

242032

Address

26 BY D 1 1ST FLOOR KUMBAKONAM ROAD P B NO 11PANRUTI 607 106 CUDDALOR

City

PANRUTI

District

CUDDALORE

State

TAMIL NADU





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

LAVB0000533

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.