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MICR Code of LAXMI VILAS BANK RANGAREDDY HUBSIGUDA HYDERABAD Branch

IFSC Code LAVB0000299
(Used for RTGS and NEFT transactions)
MICR Code 500056006
Bank LAXMI VILAS BANK
Address NO. 7 149 2, 1ST FLOOR RAGHAVENDRACOMPLEX HABSIGUDA CROSS RD HABSIGUD
City HYDERABAD
District RANGAREDDY
State TELANGANA
Branch HUBSIGUDA HYDERABAD
Phone Number 27150491
Address NO. 7 149 2, 1ST FLOOR RAGHAVENDRACOMPLEX HABSIGUDA CROSS RD HABSIGUD
What is IFSC Code ?

The Indian Financial System Code (IFSC Code) is an alphanumeric code that uniquely identifies a bank-branch participating in the two main Electronic Funds Settlement Systems in India: the Real Time Gross Settlement (RTGS) and the National Electronic Funds Transfer (NEFT) Systems.

MICR-Code Results

IFSC Code of LAXMI VILAS BANK - HUBSIGUDA HYDERABAD branch is LAVB0000299, MICR CODE: 500056006 City : HYDERABAD, District RANGAREDDY, State: TELANGANA Address : NO. 7 149 2, 1ST FLOOR RAGHAVENDRACOMPLEX HABSIGUDA CROSS RD HABSIGUD, Phone Number: 27150491

What is MICR Code ?

Magnetic Ink Character Recognition Code (MICR Code) is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents.

What is SWIFT Code ?

ISO 9362 (also known as SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) defines a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions.

What is RTGS ?

Real-time gross settlement systems (RTGS) are specialist funds transfer systems where transfer of money or securities takes place from one bank to another on a "real time" and on "gross" basis. Settlement in "real time" means payment transaction is not subjected to any waiting period.

MICR-Code Results

IFSC Code of LAXMI VILAS BANK - HUBSIGUDA HYDERABAD branch is LAVB0000299, MICR CODE: 500056006 City : HYDERABAD, District RANGAREDDY, State: TELANGANA Address : NO. 7 149 2, 1ST FLOOR RAGHAVENDRACOMPLEX HABSIGUDA CROSS RD HABSIGUD, Phone Number: 27150491

what is NEFT ?

Neft stands for National Electronic Funds Transfer and is a payment system which facilitates one-to-one funds transfer. Like RTGS, Neft also transfers funds from one bank, but unlike RTGS the settlement takes place in batches (that may include transfers from various individuals) rather than individually.

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