Lakshmi Vilas Bank Bengaluru Bengaluru Karnataka MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Bengaluru Bengaluru Karnataka

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MICR Code	560056025
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	Hbr Layout
Contact	0
Bank Details	Lakshmi Vilas Bank Ltd Hbr Layout LAVB0000291

Location	Bengaluru, Bengaluru
City	Bengaluru
District	Bengaluru
State	Karnataka
Pincode	560043
Country	IN
Address	No 205 block ii hbr layout i stage extension bengaluru 560043

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 560056025 for Hbr Layout 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 560056025 of LV Bank, Hbr Layout branch makes the system almost error free and faster. Use of LV Bank MICR codes for Hbr Layout branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Lakshmi Vilas Bank Ltd are available with micr code -

>>Bannerghatta >>Commercial Banking Branch Bengaluru >>Hbr Layout >>Kanakapura Main Road >>Personal Banking Branch Langford

MICR code for Lakshmi Vilas Bank Hbr Layout

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 Hbr Layout 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. 560056025 is the MICR code of Lakshmi Vilas Bank for Hbr Layout branch. MICR code for Hbr Layout 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 Hbr Layout is presented in the table alongside.

Use of LV Bank MICR code for Hbr Layout branch in bengaluru

The MICR code 560056025 is used in RBI cheque clearing process to identify the branch Hbr Layout 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.

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