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Lakshmi Vilas Bank Kozhikode Kozhikode Kerala MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Kozhikode Kozhikode Kerala

MICR Code
Bank Lakshmi Vilas Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Calicut Kozhikode
Contact 0495 - 2366268
Bank Details Lakshmi Vilas Bank Ltd Calicut Kozhikode LAVB0000181
Location Kozhikode, Kozhikode
City Kozhikode
District Kozhikode
State Kerala
Pincode 673001
Country IN
Address 9-562, khadeeja buildings 1st floor, p.b.no. 188 cherooty road kozhikode - 673 001 kozhikode dt., kerala
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 kozhikode

You can search through MICR Codes of Kerala branches in kozhikode of District kozhikode in Kerala State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Lakshmi Vilas Bank Ltd are available with micr code -

>>Calicut Kozhikode

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

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

LV Bank MICR code in kozhikode

Lakshmi Vilas Bank MICR code is a character recognition technology used by banks in the processing of cheques. LV Bank MICR code for kozhikode 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 Lakshmi Vilas Bank branches in kozhikode, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Lakshmi Vilas Bank MICR code for kozhikode 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 kozhikode 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 LV Bank kozhikode branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Lakshmi Vilas Bank MICR codes for kozhikode branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!