IFSC Code, MICR Codes for LAXMI VILAS BANK in TAMIL NADU - SALEM - SALEM - KONDALAMPATTI SALEM

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


IFSC Code

LAVB0000659

MICR Code

636056007

Branch

KONDALAMPATTI SALEM

Contact

2270048

Address

M S.JARI KONDALAMPATTTI 180CALICUTMAIN ROAD KONDALAMPATTI SALEM 63

City

SALEM

District

SALEM

State

TAMIL NADU





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

LAVB0000659

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.