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

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


IFSC Code

LAVB0000539

MICR Code

625056202

Branch

PERIYAKULAM

Contact

231377

Address

68 BAZAAR STREET THENKARAI P B NO7 PERIYAKULAM 625 601 THENI DT TAMI

City

PERIYAKULAM

District

THENI

State

TAMIL NADU





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

LAVB0000539

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.