Lakshmi Vilas Bank Ambur Vellore Tamil Nadu MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Ambur Vellore Tamil Nadu

Bank
State
District
City
Branch
Address
MICR Code: -NA-
Bank: Lakshmi Vilas Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Ambur
Contact: 04174 - 242126
Bank Details: Lakshmi Vilas Bank Ltd Ambur LAVB0000104
Location: Ambur, Vellore
City: Ambur
District: Vellore
State: Tamil Nadu
Pincode: 635802
Country: IN
Address: No.87, Broad Bazaarp. B.No.35 Ambur - 635802 Vellore Dt. Tamil Nadu
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

Search Lakshmi Vilas Bank MICR Codes in vellore

You can search through MICR Codes of Tamil Nadu branches in ambur of District vellore in Tamil Nadu State by using the search box or you can browse through the table using the conrols at the bottom.

Lakshmi Vilas Bank Ltd branches with micr codes are available in 4 cities-

>>Ambur >>Arakonam >>Kandili >>Vellore

How to find MICR codes for Lakshmi Vilas Bank in ambur?

Lakshmi Vilas Bank ambur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Lakshmi Vilas Bank MICR codes list for ambur, one can further search by branch name specified in the table. You can find MICR codes for all Lakshmi Vilas Bank ambur branches.

Lakshmi Vilas Bank MICR code in ambur

Lakshmi Vilas Bank MICR code is a character recognition technology used by banks in the processing of cheques. Lakshmi Vilas Bank MICR code for ambur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Lv Bank branches in ambur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Lv Bank MICR code for ambur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Lakshmi Vilas Bank ambur branch, sprinted using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. Thus MICR code for Lakshmi Vilas Bank ambur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Lv Bank MICR codes for ambur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!