MICR Code: 560056003

Bank: The Lakshmi Vilas Bank Ltd
IFSC Code: Lavb0000164
MICR Code: 560056003
Address: 1091, Otc Road Nagarathpet, City Market Bangalore 560 002 Karnataka
City: Bangalore Urban
District: Bangalore
State: Karnataka

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 560056003.

  • In this case first three codes 560 is city code and it represents city Bangalore Urban.
  • Next three characters 056 represents bank The Lakshmi Vilas Bank Ltd.
  • Remaining characters which are 003 represents branch. In our case branch is located at address 1091, Otc Road Nagarathpet, City Market Bangalore 560 002 Karnataka.

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.