ING Vysya Bank Kothagudem Khammam Andhra Pradesh MICR CODE

Find MICR Codes for ING Vysya Bank Kothagudem Khammam Andhra Pradesh

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MICR Code
Bank Ing Vysya Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kotha Gudem
Contact Rtgshelpdesk@ingvysyabank.Com
Bank Details Ing Vysya Bank Ltd Kotha Gudem VYSA0006560
Location Kothagudem, Khammam
City Kothagudem
District Khammam
State Andhra Pradesh
Pincode 507101
Country IN
Address 6-42, ground floor, lakshmidevipalle, m.g. Road, kothagudem - 507 101
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 Kotha Gudem 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, Kotha Gudem branch makes the system almost error free and faster. Use of ING Vysya MICR codes for Kotha Gudem 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 -

>>Kotha Gudem

MICR code for ING Vysya Bank Kotha Gudem

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 Kotha Gudem 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 Kotha Gudem branch. MICR code for Kotha Gudem 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 Kotha Gudem is presented in the table alongside.

Use of ING Vysya MICR code for Kotha Gudem branch in kothagudem

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kotha Gudem 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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