Yes Bank Newasa Ahmadnagar Maharashtra MICR CODE

Find MICR Codes for Yes Bank Newasa Ahmadnagar Maharashtra

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MICR Code	414818506
Bank	Yes Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ahmednagar Zpss Bank Nevasa
Contact	241302
Bank Details	Yes Bank Ltd Ahmednagar Zpss Bank Nevasa YESB0APSB13

Location	Newasa, Ahmadnagar
City	Newasa
District	Ahmadnagar
State	Maharashtra
Pincode	414603
Country	IN
Address	Dnyandeshwar mandir opp adcc bank nevasa 414603

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 414818506 for Ahmednagar Zpss Bank Nevasa 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 414818506 of Yes Bank, Ahmednagar Zpss Bank Nevasa branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Ahmednagar Zpss Bank Nevasa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Yes Bank Ltd are available with micr code -

>>Ahmednagar Zpss Bank Nevasa

MICR code for Yes Bank Ahmednagar Zpss Bank Nevasa

Yes Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Yes Bank MICR code for Ahmednagar Zpss Bank Nevasa 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. 414818506 is the MICR code of Yes Bank for Ahmednagar Zpss Bank Nevasa branch. MICR code for Ahmednagar Zpss Bank Nevasa 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 Yes Bank Ahmednagar Zpss Bank Nevasa is presented in the table alongside.

Use of Yes Bank MICR code for Ahmednagar Zpss Bank Nevasa branch in newasa

The MICR code 414818506 is used in RBI cheque clearing process to identify the branch Ahmednagar Zpss Bank Nevasa and Yes Bank 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 Yes Bank is typically in either of these two font’s: E-138 and CMC-7.

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