IFSC Code, MICR Codes for LAXMI VILAS BANK in TAMIL NADU - PERAMBALUR - PERAMBALUR - PERAMBALUR EC

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


IFSC Code

LAVB0000552

MICR Code

621056153

Branch

PERAMBALUR EC

Contact

291188

Address

THANTHAI HANS ROEVER COLLEGE NATIONAL HIGHWAY ELAMBUR VILLAGE

City

PERAMBALUR

District

PERAMBALUR

State

TAMIL NADU





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

LAVB0000552

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.