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

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


IFSC Code

LAVB0000725

MICR Code

605056004

Branch

TINDIVANAM

Contact

222091

Address

128 NEHRU STREET TINDIVANAM 604 001 VILLUPURAM DT TAMIL NADU

City

TINDIVANAM

District

VILLUPURAM

State

TAMIL NADU





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

LAVB0000725

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.