It is very important to find IFSC code LAVB0000416 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the IFSC Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify LAVB0000416 IFSC code branch is the cheque book. Most banks now print IFSC Codes on the cheque books. Also, your account pass book should have the IFSC Code printed.
LAVB0000416 is the IFSC Code for Mudbidri branch of Lakshmi Vilas Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Lakshmi Vilas Bank account. The address of Mudbidri branch is D.no.5-171, c(6, 7, 12, 13, 14 and 15), near alvas health centre, mudbidri, dakshina kannada, karnataka 574227, which is located in Dakshina Kannada District of Karnataka State.
In LV Bank IFSC Code, the first 4 characters (LAVB) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (000416) represent the Lakshmi Vilas Bank branch code.