Lakshmi Vilas Bank Tirukattupalli Thanjavur Tamil Nadu MICR CODE

Find MICR Codes for Lakshmi Vilas Bank Tirukattupalli Thanjavur 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 Tirukkattupalli
Contact 04362 - 280421
Bank Details Lakshmi Vilas Bank Ltd Tirukkattupalli LAVB0000736
Location Tirukattupalli, Thanjavur
City Tirukattupalli
District Thanjavur
State Tamil Nadu
Pincode 613104
Country IN
Address 76, 50th road tirukkattupalli - 613 104 thanjavur 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 0 for Tirukkattupalli 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, Tirukkattupalli branch makes the system almost error free and faster. Use of LV Bank MICR codes for Tirukkattupalli 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 -

>>Tirukkattupalli

MICR code for Lakshmi Vilas Bank Tirukkattupalli

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

Use of LV Bank MICR code for Tirukkattupalli branch in tirukattupalli

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