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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. The Lakshmi Vilas Bank Ltd
  4. Karnataka
  5. Hospet
  6. Bellary
  7. MICR: 583056202

MICR Code: 583056202

Bank: The Lakshmi Vilas Bank Ltd
IFSC Code: Lavb0000298
MICR Code: 583056202
Address: Sharada Complex, 1 St Floor489 495, Pattel Nagar Near Shanbag Circle Ho
City: Bellary
District: Hospet
State: Karnataka

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 583056202.

  • In this case first three codes 583 is city code and it represents city Bellary.
  • Next three characters 056 represents bank The Lakshmi Vilas Bank Ltd.
  • Remaining characters which are 202 represents branch. In our case branch is located at address Sharada Complex, 1 St Floor489 495, Pattel Nagar Near Shanbag Circle Ho.

How to find micr code (for example 583056202) 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.