Lakshmi Vilas Bank Tiruchirapalli Tiruchiorappalli Tamil Nadu MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Tiruchirapalli Tiruchiorappalli 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 Srirangam Trichy.
Contact 0431 - 2432319
Bank Details Lakshmi Vilas Bank Ltd Srirangam Trichy. LAVB0000732
Location Tiruchirapalli, Tiruchiorappalli
City Tiruchirapalli
District Tiruchiorappalli
State Tamil Nadu
Pincode 620006
Country IN
Address 100/a, gandhi road srirangam - 620 006 trichy dt. Tamil nadu
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 620056003 for Srirangam Trichy. 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 620056003 of LV Bank, Srirangam Trichy. branch makes the system almost error free and faster. Use of LV Bank MICR codes for Srirangam Trichy. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Lakshmi Vilas Bank Ltd are available with micr code -

>>Srirangam Trichy. >>Thillainagar Trichy >>Trichy Main

MICR code for Lakshmi Vilas Bank Srirangam Trichy.

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 Srirangam Trichy. 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. 620056003 is the MICR code of Lakshmi Vilas Bank for Srirangam Trichy. branch. MICR code for Srirangam Trichy. 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 Srirangam Trichy. is presented in the table alongside.

Use of LV Bank MICR code for Srirangam Trichy. branch in tiruchirapalli

The MICR code 620056003 is used in RBI cheque clearing process to identify the branch Srirangam Trichy. 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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