IFSC Code, MICR Codes for LAXMI VILAS BANK in TAMIL NADU - ERODE - DHARAPURAM - DHARAPURAM

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


IFSC Code

LAVB0000226

MICR Code

NA

Branch

DHARAPURAM

Contact

0

Address

SAP COMPLEXBLOCK NO.21WARD NO.6UDUMALAI ROAD1ST STREETDHARAPURAM

City

DHARAPURAM

District

ERODE

State

TAMIL NADU





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

LAVB0000226

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.