Lakshmi Vilas Bank Kadayam Tiruneveli Tamil Nadu MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Kadayam Tiruneveli Tamil Nadu

MICR Code
Bank Lakshmi Vilas Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch A.P.Nadanur
Contact 0
Bank Details Lakshmi Vilas Bank Ltd A.P.Nadanur LAVB0000915
Location Kadayam, Tiruneveli
City Kadayam
District Tiruneveli
State Tamil Nadu
Pincode 627423
Country IN
Address Apn village s.no.275/1 kadayam tirunelveli road ananaida perumal aandanur
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.

How does MICR code 627056011 for A.P.Nadanur branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 627056011 of LV Bank, A.P.Nadanur branch makes the system almost error free and faster. Use of LV Bank MICR codes for A.P.Nadanur branch, makes the characters readable even if there are other marks and stamps on it.

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

>>A.P.Nadanur

MICR code for Lakshmi Vilas Bank A.P.Nadanur

Lakshmi Vilas Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. LV Bank MICR code for A.P.Nadanur is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 627056011 is the MICR code of Lakshmi Vilas Bank for A.P.Nadanur branch. MICR code for A.P.Nadanur branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for LV Bank A.P.Nadanur is presented in the table alongside.

Use of LV Bank MICR code for A.P.Nadanur branch in kadayam

The MICR code 627056011 is used in RBI cheque clearing process to identify the branch A.P.Nadanur and LV Bank bank for clearing processes. The MICR characters, which are printed 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. MICR code of Lakshmi Vilas Bank is typically in either of these two font’s: E-138 and CMC-7.

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