ING Vysya Bank Penugonda West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for ING Vysya Bank Penugonda West Godavari 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 Penugonda
Contact Rtgshelpdesk@ingvysyabank.Com
Bank Details Ing Vysya Bank Ltd Penugonda VYSA0007620
Location Penugonda, West Godavari
City Penugonda
District West Godavari
State Andhra Pradesh
Pincode 534320
Country IN
Address Z.n.v.r. High school penugonda - 534 320
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 Penugonda 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, Penugonda branch makes the system almost error free and faster. Use of ING Vysya MICR codes for Penugonda 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 -

>>Penugonda

MICR code for ING Vysya Bank Penugonda

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 Penugonda 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 Penugonda branch. MICR code for Penugonda 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 Penugonda is presented in the table alongside.

Use of ING Vysya MICR code for Penugonda branch in penugonda

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