Lakshmi Vilas Bank
The Indian Financial System Code(IFSC) is an eleven character long alphanumeric key. Electronic fund transfer systems, NEFT and RTGS for example, use IFSC codes. Lakshmi Vilas Bank uses them to facilitate the transfer of monetary funds between branches of the same bank or to branches of different banks. The first four characters of an IFSC code contain the bank name. The last six characters provide the branch code. There is a zero in the fifth position that is meant for future purposes. Together, the eleven characters make up a unique identifier for every branch of the Bank.
Lakshmi Vilas Bank IFSC codes
Be it Gurgaon or Bangalore, Lakshmi Vilas Bank IFSC codes differ for all branches. Also, it only works for domestic fund transfers. For instance, between branches of Pune or Delhi Lakshmi Vilas Bank, IFSC codes can only help in securing transfers of funds if no international parties are involved. However, the characters which make the IFSC code of Kotak Mahindra Bank unique are the last six characters. These are always numbers which denote the branch code. However, if you want to know the code without creating an account, you can do so via the internet. There is an official website of IFSC code where you can know all about this code.