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

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


IFSC Code

LAVB0000407

MICR Code

638056005

Branch

LAKKAPURAM

Contact

2401767

Address

BY 269 MAIN ROAD LAKKAPURAM 638 002 ERODE DT TAMIL NADU

City

LAKKAPURAM

District

ERODE

State

TAMIL NADU





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

LAVB0000407

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.