MICR Code: 400056006

Bank: The Lakshmi Vilas Bank Ltd
IFSC Code: Lavb0000178
MICR Code: 400056006
Address: Shopno 8 Kapoor Apartments Chandavarkar Road Borivli
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 400056006.

  • 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 006 represents branch. In our case branch is located at address Shopno 8 Kapoor Apartments Chandavarkar Road Borivli.

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.