Lakshmi Vilas Bank Virudhunagar Virudhunagar Tamil Nadu MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Virudhunagar Virudhunagar Tamil Nadu

↻ Reload
MICR Code
Bank Lakshmi Vilas Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aruppukottai
Contact 0
Bank Details Lakshmi Vilas Bank Ltd Aruppukottai LAVB0000133
Location Virudhunagar, Virudhunagar
City Virudhunagar
District Virudhunagar
State Tamil Nadu
Pincode 626001
Country IN
Address No 130 b thiruchuli road aruppukottai virudhunagar
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 0 for Aruppukottai 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 0 of LV Bank, Aruppukottai branch makes the system almost error free and faster. Use of LV Bank MICR codes for Aruppukottai 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 -

>>Aruppukottai >>Virudhunagar

MICR code for Lakshmi Vilas Bank Aruppukottai

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 Aruppukottai 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. 0 is the MICR code of Lakshmi Vilas Bank for Aruppukottai branch. MICR code for Aruppukottai 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 Aruppukottai is presented in the table alongside.

Use of LV Bank MICR code for Aruppukottai branch in virudhunagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Aruppukottai 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.

Copied!