IFSC Code, MICR Codes for LAXMI VILAS BANK in TAMIL NADU - KRISHNAGIRI - BARGUR - BARGUR

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


IFSC Code

LAVB0000158

MICR Code

635056004

Branch

BARGUR

Contact

265242

Address

KRISHNAGIRI MAIN ROADOPP TO LICNEAR SANJEEVI THEATREBARGUR 635108

City

BARGUR

District

KRISHNAGIRI

State

TAMIL NADU





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

LAVB0000158

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.