ING Vysya Bank Visakhapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for ING Vysya Bank Visakhapatnam Vishakapatnam 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 Shanthipuram
Contact Rtgshelpdesk@ingvysyabank.Com
Bank Details Ing Vysya Bank Ltd Shanthipuram VYSA0007590
Location Visakhapatnam, Vishakapatnam
City Visakhapatnam
District Vishakapatnam
State Andhra Pradesh
Pincode 530016
Country IN
Address 49-52-1/12, adusha towers ground floor, shantipuram sankara matam road vishakapatnam - 530016.
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 530064007 for Shanthipuram 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 530064007 of ING Vysya, Shanthipuram branch makes the system almost error free and faster. Use of ING Vysya MICR codes for Shanthipuram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Ing Vysya Bank Ltd are available with micr code -

>>Dwaraka Nagar >>Lalitha Nagar >>Ram Nagar >>Rcc Visakhapatnam >>Seethamadhara >>Shanthipuram >>Venkojipalem >>Visakapatnam Main >>Visakhapatnam Tf

MICR code for ING Vysya Bank Shanthipuram

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 Shanthipuram 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. 530064007 is the MICR code of ING Bank for Shanthipuram branch. MICR code for Shanthipuram 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 Shanthipuram is presented in the table alongside.

Use of ING Vysya MICR code for Shanthipuram branch in visakhapatnam

The MICR code 530064007 is used in RBI cheque clearing process to identify the branch Shanthipuram 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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