Yes Bank New Bombay Thane Maharashtra MICR CODE

Find MICR Codes for Yes Bank New Bombay Thane Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400532030
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	Airoli
Contact
Bank Details	Yes Bank Ltd Airoli YESB0000217

Location	New Bombay, Thane
City	New Bombay
District	Thane
State	Maharashtra
Pincode	401107
Country	IN
Address	Shop nos 1,2,21 and 22, shiv shankar plaza ii, sector - 7, airoli navi mumbai maharashtra 401107

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 400532030 for Airoli 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 400532030 of Yes Bank, Airoli branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Airoli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Yes Bank Ltd are available with micr code -

>>Airoli >>Apmc Vashi >>Belapur >>Kharghar >>Nerul >>Sanpada >>The Pusad Ucb Vashi >>Vashi

MICR code for Yes Bank Airoli

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 Airoli 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. 400532030 is the MICR code of Yes Bank for Airoli branch. MICR code for Airoli 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 Airoli is presented in the table alongside.

Use of Yes Bank MICR code for Airoli branch in new bombay

The MICR code 400532030 is used in RBI cheque clearing process to identify the branch Airoli 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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