MICR Code: 400056001
| Bank: The Lakshmi Vilas Bank Ltd |
| IFSC Code: Lavb0000852 |
| MICR Code: 400056001 |
| Address: 64 Dr V B Gandhi Marg P B No 1783 Kalaghoda Fort Mumbai 400 001 Maharas |
| City: Greater Bombay |
| District: Mumbai |
| State: Maharashtra |
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 400056001.
- In this case first three codes 400 is city code and it represents city Greater Bombay.
- 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 64 Dr V B Gandhi Marg P B No 1783 Kalaghoda Fort Mumbai 400 001 Maharas.
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.