MICR Code: 504056622

Bank: The Lakshmi Vilas Bank Ltd
IFSC Code: Lavb0000120
MICR Code: 504056622
Address: No.6 58 By 10, Beside Chaitanya Degree College, Main Road, Asifabad 504
City: Adilabad
District: Asifabad
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 504056622.

  • In this case first three codes 504 is city code and it represents city Adilabad.
  • Next three characters 056 represents bank The Lakshmi Vilas Bank Ltd.
  • Remaining characters which are 622 represents branch. In our case branch is located at address No.6 58 By 10, Beside Chaitanya Degree College, Main Road, Asifabad 504.

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.