Lakshmi Vilas Bank Kambarasampettai Tiruchirappali Tamil Nadu MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Kambarasampettai Tiruchirappali Tamil Nadu

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MICR Code
Bank Lakshmi Vilas Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kambarasampettai
Contact Kambarasampettai_Bm@lvbank.In kambarasampettai@lvbank.In
Bank Details Lakshmi Vilas Bank Ltd Kambarasampettai LAVB0000353
Location Kambarasampettai, Tiruchirappali
City Kambarasampettai
District Tiruchirappali
State Tamil Nadu
Pincode 620101
Country IN
Address Sf no.98/5, trichy- karur road, kambarasampettai
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 Kambarasampettai 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, Kambarasampettai branch makes the system almost error free and faster. Use of LV Bank MICR codes for Kambarasampettai 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 -

>>Kambarasampettai

MICR code for Lakshmi Vilas Bank Kambarasampettai

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 Kambarasampettai 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 Kambarasampettai branch. MICR code for Kambarasampettai 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 Kambarasampettai is presented in the table alongside.

Use of LV Bank MICR code for Kambarasampettai branch in kambarasampettai

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