Laxmi Vilas Bank KARWAR IFSC Code, MICR Code - Uttara Kannada, Karnataka

Laxmi Vilas Bank KARWAR Branch IFSC Code, MICR Code (Uttara Kannada, Karnataka). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Laxmi Vilas Bank KARWAR - Uttara Kannada, Karnataka

IFSC Code:LAVB0000321
MICR Code:
Branch Code:000321 (Last six characters of IFSC Code represent Branch code)
Address:D NO 1423 NEAR MARUTHI TEMPLE MAIN ROAD SS AUDITORIUM KARWAR 581301
Branch:KARWAR
City:KARWAR
District:Uttara Kannada
State:Karnataka
Contact No.:

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Laxmi Vilas Bank IFSC Code is LAVB0000321, MICR Code is (Not provided), Branch Code is 000321 which is last six characters of IFSC Code, Branch name is KARWAR located in D NO 1423 NEAR MARUTHI TEMPLE MAIN ROAD SS AUDITORIUM KARWAR 581301, KARWAR, Uttara Kannada, Karnataka, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.