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	530064008
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	Venkojipalem
Contact	Rtgshelpdesk@ingvysyabank.Com
Bank Details	Ing Vysya Bank Ltd Venkojipalem VYSA0007280

Location	Visakhapatnam, Vishakapatnam
City	Visakhapatnam
District	Vishakapatnam
State	Andhra Pradesh
Pincode	530017
Country	IN
Address	206/4, mvp double road vishakapatnam - 530017.

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 530064008 for Venkojipalem 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 530064008 of ING Vysya, Venkojipalem branch makes the system almost error free and faster. Use of ING Vysya MICR codes for Venkojipalem 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 Venkojipalem

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 Venkojipalem 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. 530064008 is the MICR code of ING Bank for Venkojipalem branch. MICR code for Venkojipalem 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 Venkojipalem is presented in the table alongside.

Use of ING Vysya MICR code for Venkojipalem branch in visakhapatnam

The MICR code 530064008 is used in RBI cheque clearing process to identify the branch Venkojipalem 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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