MICR Code: 524056642

Bank: The Lakshmi Vilas Bank Ltd
IFSC Code: Lavb0000382
MICR Code: 524056642
Address: 2 72, Golla Veedhi, Krishnapatnam, S.P.S.R. Nellore Dt.
City: Nellore
District: Nellore
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 524056642.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 056 represents bank The Lakshmi Vilas Bank Ltd.
  • Remaining characters which are 642 represents branch. In our case branch is located at address 2 72, Golla Veedhi, Krishnapatnam, S.P.S.R. Nellore Dt..

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.