MICR Code: 638056016

Bank: The Lakshmi Vilas Bank Ltd
IFSC Code: Lavb0000492
MICR Code: 638056016
Address: 110 A, Bhavani Mettur Main Road Nerinjipettai 638 311 Erode
City: Erode
District: Nerinjipettai
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 638056016.

  • 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 016 represents branch. In our case branch is located at address 110 A, Bhavani Mettur Main Road Nerinjipettai 638 311 Erode.

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.