| MICR CODE | 524056642 |
|---|---|
| Bank | Laxmi Vilas Bank |
| Branch | Krishnapatnam |
| IFSC Code | IFSC Code Laxmi Vilas Bank |
| Address | 2 72,golla Veedhi,krishnapatnam, S.p.s.r. Nellore Dt. |
| City | Nellore |
| State | Andhra Pradesh |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).