ING Vysya Bank Kolhapur Kolhapur Maharashtra MICR CODE

Find MICR Codes for ING Vysya Bank Kolhapur Kolhapur Maharashtra

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MICR Code	416064002
Bank	Ing Vysya Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kolhapur
Contact	Rtgshelpdesk@ingvysyabank.Com
Bank Details	Ing Vysya Bank Ltd Kolhapur VYSA0006060

Location	Kolhapur, Kolhapur
City	Kolhapur
District	Kolhapur
State	Maharashtra
Pincode	416001
Country	IN
Address	Centre -one c.s, no.221,b/1a/2, e ward, opp.sasance ground, tarabai park, kolhapur 4160003

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 416064002 for Kolhapur 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 416064002 of ING Vysya, Kolhapur branch makes the system almost error free and faster. Use of ING Vysya MICR codes for Kolhapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Ing Vysya Bank Ltd are available with micr code -

>>Kolhapur

MICR code for ING Vysya Bank Kolhapur

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 Kolhapur 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. 416064002 is the MICR code of ING Bank for Kolhapur branch. MICR code for Kolhapur 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 Kolhapur is presented in the table alongside.

Use of ING Vysya MICR code for Kolhapur branch in kolhapur

The MICR code 416064002 is used in RBI cheque clearing process to identify the branch Kolhapur 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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