Let Others Know

Lakshmi Vilas Bank Puducherry Ut Karaikal Pondicherry MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Puducherry Ut Karaikal Pondicherry

Bank
State
District
City
Branch
Address

MICR Code	605056002
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	Pondicherry
Contact	0413 - 2336400
Bank Details	Lakshmi Vilas Bank Ltd Pondicherry LAVB0000542

Location	Puducherry Ut, Karaikal
City	Puducherry Ut
District	Karaikal
State	Pondicherry
Pincode	605001
Country	IN
Address	232-234 jawaharlal nehru street puducherry - 605 001

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 605056002 for Pondicherry 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 605056002 of LV Bank, Pondicherry branch makes the system almost error free and faster. Use of LV Bank MICR codes for Pondicherry 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 -

>>Pondicherry

MICR code for Lakshmi Vilas Bank Pondicherry

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 Pondicherry 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. 605056002 is the MICR code of Lakshmi Vilas Bank for Pondicherry branch. MICR code for Pondicherry 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 Pondicherry is presented in the table alongside.

Use of LV Bank MICR code for Pondicherry branch in puducherry ut

The MICR code 605056002 is used in RBI cheque clearing process to identify the branch Pondicherry 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.