Let Others Know
×
LinkedIn
Email
WhatsApp

ING Vysya Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for ING Vysya Bank Bangalore Bangalore Urban Karnataka

MICR Code
Bank Ing Vysya Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Avenue Road
Contact Rtgshelpdesk@ingvysyabank.Com
Bank Details Ing Vysya Bank Ltd Avenue Road VYSA0001010
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560002
Country IN
Address No 489, avenue road bangalore - 560 002.
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 560064002 for Avenue Road 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 560064002 of ING Vysya, Avenue Road branch makes the system almost error free and faster. Use of ING Vysya MICR codes for Avenue Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ING Vysya Bank Avenue Road

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 Avenue Road 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. 560064002 is the MICR code of ING Bank for Avenue Road branch. MICR code for Avenue Road 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 Avenue Road is presented in the table alongside.

Use of ING Vysya MICR code for Avenue Road branch in bangalore

The MICR code 560064002 is used in RBI cheque clearing process to identify the branch Avenue Road 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.