MICR Code: 500056009

Bank: The Lakshmi Vilas Bank Ltd
IFSC Code: Lavb0000121
MICR Code: 500056009
Address: Show Room No2 Aditya Trade Centre Ameerpet Hyderabad 500038
City: Hyderabad
District: Ameerpet
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 500056009.

  • In this case first three codes 500 is city code and it represents city Hyderabad.
  • Next three characters 056 represents bank The Lakshmi Vilas Bank Ltd.
  • Remaining characters which are 009 represents branch. In our case branch is located at address Show Room No2 Aditya Trade Centre Ameerpet Hyderabad 500038.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.