Lakshmi Vilas Bank Pudukkottai Pudukkottai Tamil Nadu MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Pudukkottai Pudukkottai 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 Pudukottai
Contact Pudukottai_Bm@lvbank.In pudukottai@lvbank.In
Bank Details Lakshmi Vilas Bank Ltd Pudukottai LAVB0000556
Location Pudukkottai, Pudukkottai
City Pudukkottai
District Pudukkottai
State Tamil Nadu
Pincode 622001
Country IN
Address T.s.no.5537, 5538, south 4thstreet, pudukottai – 622 001, pudukottai dt.
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 Pudukottai 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, Pudukottai branch makes the system almost error free and faster. Use of LV Bank MICR codes for Pudukottai 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 -

>>Pudukottai

MICR code for Lakshmi Vilas Bank Pudukottai

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

Use of LV Bank MICR code for Pudukottai branch in pudukkottai

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