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Lakshmi Vilas Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Gurgaon Gurgaon Haryana

Bank
State
District
City
Branch
Address

MICR Code	110056005
Bank	Lakshmi Vilas Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gurgaon
Contact	0124 - 2225800
Bank Details	Lakshmi Vilas Bank Ltd Gurgaon LAVB0000282

Location	Gurgaon, Gurgaon
City	Gurgaon
District	Gurgaon
State	Haryana
Pincode	122001
Country	IN
Address	M-35, old dlf, sector –14, gurgaon – 122 001. Hariyana

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 110056005 for Gurgaon 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 110056005 of LV Bank, Gurgaon branch makes the system almost error free and faster. Use of LV Bank MICR codes for Gurgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Lakshmi Vilas Bank Ltd are available with micr code -

>>Ed Office Gurgaon >>Gurgaon

MICR code for Lakshmi Vilas Bank Gurgaon

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 Gurgaon 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. 110056005 is the MICR code of Lakshmi Vilas Bank for Gurgaon branch. MICR code for Gurgaon 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 Gurgaon is presented in the table alongside.

Use of LV Bank MICR code for Gurgaon branch in gurgaon

The MICR code 110056005 is used in RBI cheque clearing process to identify the branch Gurgaon 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.