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

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


IFSC Code

LAVB0000747

MICR Code

625056102

Branch

THENI

Contact

254024

Address

NO 45 A 1ST FLOOR KALIAMMAN KOIL STREET P B NO 7 PERIYAKULAM ROAD TH

City

THENI

District

THENI

State

TAMIL NADU





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

LAVB0000747

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.