MICR Code: 638056011
| Bank: The Lakshmi Vilas Bank Ltd |
| IFSC Code: Lavb0000360 |
| MICR Code: 638056011 |
| Address: 45 P S G Buildings Chennimalai Roadp B No 12 Kangayam 638 701 Erode Dt |
| City: Erode |
| District: Kangeyam |
| State: Tamil Nadu |
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 638056011.
- In this case first three codes 638 is city code and it represents city Erode.
- Next three characters 056 represents bank The Lakshmi Vilas Bank Ltd.
- Remaining characters which are 011 represents branch. In our case branch is located at address 45 P S G Buildings Chennimalai Roadp B No 12 Kangayam 638 701 Erode Dt.
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.