ING Vysya Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for ING Vysya Bank Amritsar Amritsar Punjab

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MICR Code
Bank Ing Vysya Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ajnala
Contact
Bank Details Ing Vysya Bank Ltd Ajnala VYSA0008240
Location Amritsar, Amritsar
City Amritsar
District Amritsar
State Punjab
Pincode 143102
Country IN
Address Main amritsar road, near swaraj tractor agency, ajnala, dist. Amritsar
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Ajnala branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of ING Vysya, Ajnala branch makes the system almost error free and faster. Use of ING Vysya MICR codes for Ajnala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Ing Vysya Bank Ltd are available with micr code -

>>Ajnala >>Amritsar

MICR code for ING Vysya Bank Ajnala

ING Vysya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ING Vysya MICR code for Ajnala is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of ING Bank for Ajnala branch. MICR code for Ajnala branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for ING Vysya Ajnala is presented in the table alongside.

Use of ING Vysya MICR code for Ajnala branch in amritsar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ajnala and ING Vysya bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of ING Bank is typically in either of these two font’s: E-138 and CMC-7.

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