Lakshmi Vilas Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code	-NA-
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	Signature Branch Ameerpet
Contact	Hyd_Signature@lvbank.In
Bank Details	Lakshmi Vilas Bank Ltd Signature Branch Ameerpet LAVB0000121

Location	Hyderabad, Hyderabad Urban
City	Hyderabad
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500038
Country	IN
Address	Show room no.2, aditya trade centre, ameerpet, hyderabad – 500038

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

A total of 4 branches of Lakshmi Vilas Bank Ltd are available with micr code -

>>Hyderabad Main >>Hyderabad Service Branch >>Secunderabad Hyderabad >>Signature Branch Ameerpet

MICR code for Lakshmi Vilas Bank Signature Branch Ameerpet

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 Signature Branch Ameerpet 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 Signature Branch Ameerpet branch. MICR code for Signature Branch Ameerpet 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 Signature Branch Ameerpet is presented in the table alongside.

Use of LV Bank MICR code for Signature Branch Ameerpet branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Signature Branch Ameerpet 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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