ING Vysya Bank Khammam Khammam Andhra Pradesh MICR CODE

Find MICR Codes for ING Vysya Bank Khammam 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 Mayuri Center
Contact Rtgshelpdesk@ingvysyabank.Com
Bank Details Ing Vysya Bank Ltd Mayuri Center VYSA0007750
Location Khammam, Khammam
City Khammam
District Khammam
State Andhra Pradesh
Pincode 507001
Country IN
Address "sabita nursing home, 11-2-23, mayuri centre khammam -507001"
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 507064003 for Mayuri Center 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 507064003 of ING Vysya, Mayuri Center branch makes the system almost error free and faster. Use of ING Vysya MICR codes for Mayuri Center 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 -

>>Khammam >>Mayuri Center

MICR code for ING Vysya Bank Mayuri Center

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 Mayuri Center 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. 507064003 is the MICR code of ING Bank for Mayuri Center branch. MICR code for Mayuri Center 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 Mayuri Center is presented in the table alongside.

Use of ING Vysya MICR code for Mayuri Center branch in khammam

The MICR code 507064003 is used in RBI cheque clearing process to identify the branch Mayuri Center 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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