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It is very important to find MICR code 507056003 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 507056003 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
507056003 is the MICR Code for Mallemadugu branch of Lakshmi Vilas Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Lakshmi Vilas Bank account. The address of Mallemadugu branch is No 1 298 ramannapeta mallemadugu khammam telangana 507003, which is located in Khammam District of Telangana State.
In LV Bank MICR Code, the first 4 characters (5070) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (6003) represent the Lakshmi Vilas Bank branch code.
Find more information on MICR Code 507056003 of Lakshmi Vilas Bank Mallemadugu Branch MICR Code Khammam for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 507056003 details before initiating any transaction!