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

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


IFSC Code

LAVB0000650

MICR Code

NA

Branch

SATHYAMANGALAM

Contact

2304997

Address

343FIRST FLOORMYSORE TRUNK ROAD EXTNANNAPOORNA COMPLEXSATHYAMANGALAM 638 402 ERODE DT

City

SATHYAMANGALAM

District

ERODE

State

TAMIL NADU





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

LAVB0000650

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.