ING Vysya Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for ING Vysya Bank Pune Pune Maharashtra

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MICR Code	-NA-
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	Swargate
Contact	91 9870466628
Bank Details	Ing Vysya Bank Ltd Swargate VYSA0008450

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411037
Country	IN
Address	Akruti chambers near laxmi narayan chouwk pune satara road 411037

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

A total of 4 branches of Ing Vysya Bank Ltd are available with micr code -

>>Aundh >>Kalyani Nagar >>Pune >>Swargate

MICR code for ING Vysya Bank Swargate

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

Use of ING Vysya MICR code for Swargate branch in pune

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