MICR Code: 110056005
| Bank: The Lakshmi Vilas Bank Ltd |
| IFSC Code: Lavb0000282 |
| MICR Code: 110056005 |
| Address: M 35, Old Dlf, Sector 14, Gurgaon 122001 Hariyana |
| City: Gurgaon |
| District: Gurgaon |
| State: Haryana |
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 110056005.
- In this case first three codes 110 is city code and it represents city Gurgaon.
- Next three characters 056 represents bank The Lakshmi Vilas Bank Ltd.
- Remaining characters which are 005 represents branch. In our case branch is located at address M 35, Old Dlf, Sector 14, Gurgaon 122001 Hariyana.
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.