MICR Code: 575056003
Bank: The Lakshmi Vilas Bank Ltd |
IFSC Code: Lavb0000416 |
MICR Code: 575056003 |
Address: Lakshmi Vilas Bank Ltd Mudbidri Dakshina Kannada District |
City: Dakshina Kannada |
District: Mangalore |
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 575056003.
- In this case first three codes 575 is city code and it represents city Dakshina Kannada.
- 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 Lakshmi Vilas Bank Ltd Mudbidri Dakshina Kannada District.
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.