LAXMI VILAS BANK IFSC CODE ASIFABAD ADILABAD
| Bank Name |
LAXMI VILAS BANK |
| State |
ANDHRA PRADESH |
| District |
ADILABAD |
| Branch |
ASIFABAD |
| IFSC |
LAVB0000120 used in NEFT and RTGS fund tramsfer
|
| MICR |
504056622
|
| Address |
NO.6 58 BY 10,BESIDE CHAITANYA DEGREE COLLEGE,MAIN ROAD,ASIFABAD 504
|
| Contact |
868288
|
LAXMI VILAS BANK IFSC, MICR, Address in ANDHRA PRADESH, ADILABAD District, ASIFABAD Branch
The Indian Financial System Code (IFSC) is an 11-digit alphanumeric code that uniquely identifies a bank branch participating in the National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) systems. It is assigned by the Reserve Bank of India (RBI) to every bank branch that handles these transactions.
What is the IFSC Code of LAXMI VILAS BANK ASIFABAD Branch?
The IFSC code of LAXMI VILAS BANK ASIFABAD Branch is LAVB0000120. Here is the breakdown of the code:
- The first four characters (LAVB) represent the bank code for LAXMI VILAS BANK.
- The fifth character is always zero (0), reserved for future use.
- The last six characters (000120) identify the specific branch of the bank
How to Find the IFSC Code of LAXMI VILAS BANK ASIFABAD Branch?
There are several ways to find the IFSC code of LAXMI VILAS BANK ASIFABAD Branch:
- Visit the official website of LAXMI VILAS BANK and search for the IFSC code using the branch locator tool.
- Check your LAXMI VILAS BANK passbook or account statement, where the IFSC code of the branch is usually printed.
- Contact the customer care of LAXMI VILAS BANK and ask for the IFSC code of the ASIFABAD branch.
Why is the IFSC Code of LAXMI VILAS BANK ASIFABAD Branch Important?
The IFSC code of LAXMI VILAS BANK ASIFABAD Branch is crucial for making electronic fund transfers, including NEFT, RTGS, and IMPS. The code ensures that the funds are transferred to the correct branch of the bank and the right account holder. Without the IFSC code, the transaction may be delayed or even fail.
Frequently Asked Questions
Here are some frequently asked questions about the LAXMI VILAS BANK ASIFABAD branch IFSC code:
What is an IFSC code?
An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code that identifies a particular bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.
How many characters are there in the LAXMI VILAS BANK ASIFABAD branch IFSC code?
The LAXMI VILAS BANK ASIFABAD branch IFSC code consists of 11 characters
What is the format of the LAXMI VILAS BANK ASIFABAD branch IFSC code?
The format of the LAXMI VILAS BANK ASIFABAD branch IFSC code is as follows: LAVBXXXXXXX, where the first four characters represent the bank code, the fifth character is a zero, and the last six characters identify the branch
Why is the LAXMI VILAS BANK ASIFABAD branch IFSC code important?
The LAXMI VILAS BANK ASIFABAD branch IFSC code is important because it is used to transfer funds between banks through the NEFT system. Without the correct IFSC code, your transaction may fail, and your funds may not reach the intended recipient
How can I find the LAXMI VILAS BANK ASIFABAD branch IFSC code?
You can find the LAXMI VILAS BANK ASIFABAD branch IFSC code on the official LAXMI VILAS BANK website, on your bank account passbook, cheque book, or account statement
Can I transfer funds using the LAXMI VILAS BANK ASIFABAD branch IFSC code?
Yes, you can transfer funds using the LAXMI VILAS BANK ASIFABAD branch IFSC code through the NEFT system. You need to log in to your online banking account, select the NEFT transfer option, enter the beneficiary's details, including their bank account number and IFSC code, and authorize the transaction.
Is it safe to use the LAXMI VILAS BANK ASIFABAD branch IFSC code for online transactions?
Yes, it is safe to use the LAXMI VILAS BANK ASIFABAD branch IFSC code for online transactions. The NEFT system is a secure and reliable way to transfer funds between banks.
List of Other Branches of LAXMI VILAS BANK, ADILABAD District, ANDHRA PRADESH