IFSC Code, MICR Codes for LAXMI VILAS BANK in TAMIL NADU - THENI - CUMBUM - CUMBUM

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


IFSC Code

LAVB0000203

MICR Code

625056103

Branch

CUMBUM

Contact

271320

Address

64 65 VELAPPAR KOIL STREET 1ST FLOOR P B NO 5 CUMBUM 625 516 THENI

City

CUMBUM

District

THENI

State

TAMIL NADU





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

LAVB0000203

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.