IFSC Code, MICR Codes for LAXMI VILAS BANK in TAMIL NADU - DINDIGUL - BATLAGUNDU - BATLAGUNDU

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


IFSC Code

LAVB0000157

MICR Code

625056009

Branch

BATLAGUNDU

Contact

262636

Address

14 DASH 13 DASH 16 BY 1RAJAMANI SERVAIBUILDING MELAMANDHAI

City

BATLAGUNDU

District

DINDIGUL

State

TAMIL NADU





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

LAVB0000157

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.