IFSC Code, MICR Codes for LAXMI VILAS BANK in TAMIL NADU - KANCHEEPURAM - SRIPERUMBUDUR - SRIPERUMBUDUR

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


IFSC Code

LAVB0000682

MICR Code

600056021

Branch

SRIPERUMBUDUR

Contact

27162433

Address

BANGALORE HIGH WAY ROADNEAR SUMATHI THEATRESRIPERUMBUDHUR 602 105

City

SRIPERUMBUDUR

District

KANCHEEPURAM

State

TAMIL NADU





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

LAVB0000682

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.