Get latest articles and stories on Business at LatestLY. Following the amalgamation with DBIL, the IFSC & MICR codes of all branches of erstwhile LVB have changed. While the new codes have been active since October 25, 2021, the older IFSC codes will remain valid until February 28, 2022, to ensure customers' convenience and ease of transition. Customers will be required to use the new DBS IFSC code from March 1, 2022, onwards to receive funds through NEFT/RTGS/IMPS. Business News | DBS Bank India Migrates to New IFSC and MICR Codes of Erstwhile Lakshmi Vilas Bank (LVB).