Introduction of the Lakshmi Vilas Bank Ltd:
Founded in the year 1926 by several established businesspeople based out in Karur under the guidance and headed by Shri V.S.N. Ramalinga Chettiar, the Lakshmi Vilas Bank is today a renowned institution with a vast network of 559 branches all across India at present. In the beginning, the Lakshmi Vilas Bank started with an objective to serve financial needs and stand by people livening in and around Karur in their lack of finances.
In 1958, the bank obtained its license from the key banking regulatory authority of India – Reserve Bank of India and subsequently, in the same year, it established as a scheduled commercial bank with its power to work as a whole commercial bank.
IFSC Code of Lakshmi Vilas Bank:
In the time of digitalization, every bank account holder uses internet banking for various payment transactions. This process has made things quite hassle-free and simpler for bankers too. Just as all other commercial banks in India, the Lakshmi Vilas Bank also offers the internet banking facility to make payment transactions independently from the web.
This feature is quite beneficial for the account holders of Lakshmi Vilas Bank as it gives them a flawless banking experience. Though to take benefit of internet banking, one must register, log-in the internet banking using user ID and Password provided by the bank.
Now coming to IFSC code of the bank- IFSC that is an abbreviation of Indian financial system code comprises of 11 unique characters of the identification code that RBI assigns to the bank. This code is in the alphanumeric that means; it has numbers as well as alphabets. During the electronic money transferring process, one needs to use IFSC code. Whether it is an account of an individual or a company, one has to put in the IFSC code while making the online payment.
In the IFSC code, the first 4 characters are alphabetic that represent the bank name and the fifth character is always 0 that has a later use and remaining 6 characters represent the code of bank branch. For example, LAVB0000162 is an IFSC code of CANTONMENT – BANGALORE branch of The Lakshmi Vilas Bank.
Finding IFSC Code of Lakshmi Vilas Bank Branches:
To find IFSC code of Lakshmi Vilas Bank branches, you can use multiple ways as mentioned below:
1. Check the cheque book provided by Lakshmi Vilas Bank to you as here you can easily find IFSC code of the brand.
2. Call up the branch and ask for their IFSC code.
3. Search on Google as it will introduce you with multiple 3rd party websites providing IFSC code of the respective branch.
4. Go to https://banksifsccodes.com where you can easily find the IFSC code of Lakshmi Vilas Bank. For searching the code, go to the home page where you will find a tab namely ‘Bank IFSC Code’. Tap on the tab as it takes you to a new page where you should put bank name, state, district and branch name. By giving this information, you will get IFSC code immediately.
How to Find IFSC Code of The Lakshmi Vilas Bank Ltd Branches?
Step 1: Log in to website link banksifsccodes.com containing detailed information about the IFSC code of branches of different banks of India. This time, we will find out IFSC code of Reserve Bank of India, PAD branch.
Step 2: Once you have logged in to this site, Select Bank Name as “The Lakshmi Vilas Bank Ltd”, State Name as “Karnataka”, District Name as “Bengaluru Urban” and the branch as “Cantonment – Bangalore”.
Step 3: This will display you the details of the IFSC code of The Lakshmi Vilas Bank Ltd, Cantonment – Bangalore Branch.