Laxmi Vilas Bank

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won't repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.

The IFSC code for LAKSHMI VILAS BANK which is located in No 17 a, old Township Road, Ambattur Ot, Chennai- 600058 is LAVB0000131

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any LAKSHMI VILAS BANK account or to any other bank accounts, Here the first 4 alphabets LAVB indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits 000131 indicates the particular branch of LAKSHMI VILAS BANK in No 17 a, old Township Road, Ambattur Ot, Chennai- 600058

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find LAKSHMI VILAS BANK'S IFSC code and MICR code?

If the customer knows the full name of the bank and its branch location then it is easy to find the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district -> branch > to get the IFSC code or MICR codes for LAKSHMI VILAS BANK. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

Laxmi Vilas Bank Branch Details

• Andhra Pradesh

• Chandigarh

• Chhattisgarh

• Delhi

• Gujarat

• Haryana

• Jharkhand

• Karnataka

• Kerala

• Madhya Pradesh

• Maharashtra

• Odisha

• Puducherry

• Punjab

• Rajasthan

• Tamil Nadu

• Uttar Pradesh

• West Bengal

ABOUT LAKSHMI VILAS BANK:

LAKSHMI VILAS BANK was an Indian private sector bank established on 3rd November 1926, whose plan was constructed by a group of seven businessmen from Karur under the leadership of Shri V. S. N. Ramalinga Chettiar. Their main objective was to help and cater to the financial needs of people in and around Karur who were occupied in industry, trading businesses, and agriculture. Reserve Bank of India which is the regulator for the banking sector, LAKSHMI VILAS bank obtained its banking license from Reserve Bank of India on 19th June 1958, and on 11th August 1958 LAKSHMI VILAS BANK became as a 'scheduled commercial bank' which has the capability to operate and work as a full-fledged commercial bank.

LAKSHMI VILAS BANK has a total of 566 branches in 19 states and in 1 union territory, as it stated by the people that it is one of the trusted bank by the people, and there are a total of

Products and services provided by the LAKSHMI VILAS Bank:

Deposit Accounts:>There are two types of accounts which can be used in the LAKSHMI VILAS bank i.e. Savings Account and Current Account.
Loans: There are a total of four types of loan system which is provided by the LAKSHMI VILAS Bank i.e. Home loan, Personal Vehicle loan, Loan against Property, Education loan.
Investments: There are two types of investments system in LAKSHMI VILAS bank which is Fixed deposits and Recurring deposits.
Cards: There are two types of cards which are used in LAKSHMI VILAS bank i.e. Debit cards and Credit cards.
Banking system:There are five types of Banking service provided in LAKSHMI VILAS bank i.e. Pass book, Mobile Baking, Net banking, and Customer care services, and IFSC codes.

The total asset value of LAKSHMI VILASA bank is ?54,511.81crore which is 7.6billion U.S. Dollars$

For further detail contact or write to LAKSHMI VILAS bank and the address is given below;

ADDRESS:
LVB House, # 4,
Sardar Patel Road,
Guindy,
Chennai 600 032,
Tamil Nadu.
Contact: 1800 425 2233
Website: www.lvbank.com