IFSC Code, MICR Codes for LAXMI VILAS BANK in TAMIL NADU - KARUR - MAHADHANAPUR - MAHADHANAPURAM

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


IFSC Code

LAVB0000459

MICR Code

639056011

Branch

MAHADHANAPURAM

Contact

242235

Address

1 2 85 BY A EAST AGRAHARAM MAHADHANAPURAM 639 106 KARUR

City

MAHADHANAPUR

District

KARUR

State

TAMIL NADU





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

LAVB0000459

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.