1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. The Lakshmi Vilas Bank Ltd
  4. Andhra Pradesh
  5. Vishakapatnam
  6. Vishakhapatnam
  7. MICR: 530056001

MICR Code: 530056001

Bank: The Lakshmi Vilas Bank Ltd
IFSC Code: Lavb0000787
MICR Code: 530056001
Address: 9 1 248, 1 St Floorcbm Compoundassilimetta Vishakapatnam 530 003 A.
City: Vishakhapatnam
District: Vishakapatnam
State: Andhra Pradesh

What is MICR Code?

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.

Details of MICR Code

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 530056001.

  • In this case first three codes 530 is city code and it represents city Vishakhapatnam.
  • Next three characters 056 represents bank The Lakshmi Vilas Bank Ltd.
  • Remaining characters which are 001 represents branch. In our case branch is located at address 9 1 248, 1 St Floorcbm Compoundassilimetta Vishakapatnam 530 003 A..

How to find micr code (for example 530056001) from bank account number?

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.