| MICR CODE | 560056016 |
|---|---|
| Bank | Laxmi Vilas Bank |
| Branch | Btm Layout |
| IFSC Code | IFSC Code Laxmi Vilas Bank |
| Address | No 281,7th Main,mico Ehbcos Layout,btm Ii Stage,bangalore 560 076 |
| City | Bangalore |
| State | Karnataka |
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).