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

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


IFSC Code

LAVB0000792

MICR Code

632056002

Branch

VELLORE

Contact

2220378

Address

34 C1ST FLOOR KATPADI ROAD P B NO417 VELLORE 632 004 VELLORE

City

VELLORE

District

VELLORE

State

TAMIL NADU





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

LAVB0000792

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.