| MICR CODE | 500056025 |
|---|---|
| Bank | Laxmi Vilas Bank |
| Branch | Vikrampuri |
| IFSC Code | IFSC Code Laxmi Vilas Bank |
| Address | No 1-6 Plot No 6, Hyderabad Asbestos Colony Vikrampuri Gunrock 500009 |
| City | Secunderabad |
| State | Telangana |
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).