Lakshmi Vilas Bank (LVB) IFSC Code — Complete Guide
Lakshmi Vilas Bank (LVB) is one of India's oldest private sector banks, founded in 1926 in Karur, Tamil Nadu. After facing financial difficulties in 2020, LVB was amalgamated with DBS Bank India (Singapore's DBS Bank subsidiary) by order of the RBI. The bank now operates as part of DBS Bank India, though its IFSC codes starting with LAVB remain valid for existing accounts and transactions.
How to Find LVB IFSC Code
- Use the search tool above — select state, district and branch
- Check your LVB cheque book — IFSC at top of every leaf
- Front page of your LVB passbook
- LVB net banking → Account Details
NEFT, RTGS and IMPS Timings
- NEFT: Available 24×7 including weekends. Settled in 30-minute batches. No minimum amount.
- RTGS: Available 24×7. Minimum ₹2 lakh. Real-time gross settlement.
- IMPS: Instant 24×7. Up to ₹5 lakh per transaction. Credited immediately.
Difference Between IFSC and MICR Code
IFSC (11 alphanumeric characters) is used for online transfers — NEFT, RTGS, IMPS. MICR (9 numeric digits) is printed at the bottom of cheques using magnetic ink for cheque clearing. IFSC is for digital transfers; MICR is for paper cheques. Both are branch-specific and unique per branch.
How to Verify an IFSC Code
Always verify IFSC codes before initiating transfers, especially for large amounts. Use the search tool above to cross-check any IFSC against the official database. An IFSC code should be exactly 11 characters, start with 4 letters (bank code), have a 0 as the 5th character, and end with 6 alphanumeric characters.