MICR Code: 311056002

Bank: The Lakshmi Vilas Bank Ltd
IFSC Code: Lavb0000159
MICR Code: 311056002
Address: Shop No3 And 4, Bhandari Plaza, Oppnagarparishad, Bhilwara311001rajasthan
City: Bhilwara
District: Bhilwara
State: Rajasthan

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 311056002.

  • In this case first three codes 311 is city code and it represents city Bhilwara.
  • Next three characters 056 represents bank The Lakshmi Vilas Bank Ltd.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Shop No3 And 4, Bhandari Plaza, Oppnagarparishad, Bhilwara311001rajasthan.

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.