MICR Code: 518056202
| Bank: The Lakshmi Vilas Bank Ltd |
| IFSC Code: Lavb0000103 |
| MICR Code: 518056202 |
| Address: 12 By 510 Municipal Main Road P B No 17 Adoni 518301 Karnool Dt A P |
| City: Kurnool |
| District: Adoni |
| State: Andhra Pradesh |
MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.
Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.
Let's decode MICR code 518056202.
- In this case first three codes 518 is city code and it represents city Kurnool.
- Next three characters 056 represents bank The Lakshmi Vilas Bank Ltd.
- Remaining characters which are 202 represents branch. In our case branch is located at address 12 By 510 Municipal Main Road P B No 17 Adoni 518301 Karnool Dt A P.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.