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Lakshmi Vilas Bank Tambaram Kancheepuram Tamil Nadu MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Tambaram Kancheepuram Tamil Nadu

MICR Code
Bank Lakshmi Vilas Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch West Tambaram Chennai
Contact 044 - 22260359
Bank Details Lakshmi Vilas Bank Ltd West Tambaram Chennai LAVB0000437
Location Tambaram, Kancheepuram
City Tambaram
District Kancheepuram
State Tamil Nadu
Pincode 600045
Country IN
Address 27, rajaji road, 1st floor west tambaram chennai - 600 045 kancheepuram 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.

How does MICR code 600056012 for West Tambaram Chennai 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 600056012 of LV Bank, West Tambaram Chennai branch makes the system almost error free and faster. Use of LV Bank MICR codes for West Tambaram Chennai 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 -

>>West Tambaram Chennai

MICR code for Lakshmi Vilas Bank West Tambaram Chennai

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 West Tambaram Chennai 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. 600056012 is the MICR code of Lakshmi Vilas Bank for West Tambaram Chennai branch. MICR code for West Tambaram Chennai 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 West Tambaram Chennai is presented in the table alongside.

Use of LV Bank MICR code for West Tambaram Chennai branch in tambaram

The MICR code 600056012 is used in RBI cheque clearing process to identify the branch West Tambaram Chennai 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.