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Lakshmi Vilas Bank Madhya Pradesh MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Madhya Pradesh

MICR Code
Bank Lakshmi Vilas Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Indore
Contact 0731 - 2529102
Bank Details Lakshmi Vilas Bank Ltd Indore LAVB0000318
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address 7-8, r.n.t. Marg silver castle building p.b.no. 503 indore - 452 001 madhya pradesh
MICR Code
Bank Lakshmi Vilas Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ashta
Contact
Bank Details Lakshmi Vilas Bank Ltd Ashta LAVB0000132
Location Ashta, Ashta
City Ashta
District Ashta
State Madhya Pradesh
Pincode 466116
Country IN
Address Kannod road,opp to mukati petrol bunk
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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 Madhya Pradesh

You can search through MICR Codes of Lakshmi Vilas Bank in Madhya Pradesh State! Reserve Bank of India publishes updated MICR Codes for LV Bank from time to time on their website, and we are doing our best in updating information of Lakshmi Vilas Bank MICR Codes.

How to find MICR codes for Lakshmi Vilas Bank in Madhya Pradesh?

MICR codes for Lakshmi Vilas Bank in Madhya Pradesh are given in the table alongside. Address, contact numbers and other details are also provided along with the MICR code. Narrow down your search either by selecting any particular district from the drop down list or by selecting the district from LV Bank MICR codes list given on the right side. One can find MICR codes for all Lakshmi Vilas Bank branches in Madhya Pradesh here.

LV Bank MICR code in Madhya Pradesh

Lakshmi Vilas Bank MICR code in Madhya Pradesh state is a standard 9 digit code printed on cheques using a special type of ink. This ink or toner is magnetic and contains iron oxide. LV Bank MICR number includes the document type indicator, bank code, cheque number, etc. This code is used to identify bank and account information to which the cheque belongs. The main purpose of Lakshmi Vilas Bank MICR code for Madhya Pradesh branches is to make clearance process of cheques faster and without errors.

Why is LV Bank MICR code for Madhya Pradesh branches used for clearing of cheques?

The LV Bank MICR code for Madhya Pradesh branches allows the cheque information to be read automatically by passing it before an MICR reader. Each character produces a specific pattern which can be easily identified. Lakshmi Vilas Bank Madhya Pradesh MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters legible even if they are obscured by stamps and signatures. This code is used By RBI (Reserve bank Of India) in clearing process to identify the branch and bank. The principal purpose of Lakshmi Vilas Bank MICR code for Madhya Pradesh branches is to print accounting and routing information on cheques and other documents in a machine readable format in order to speed up the clearing process.