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Yes Bank Aurangabad Aurangabad Maharashtra MICR CODE

Find MICR Codes for Yes Bank Aurangabad Aurangabad Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ajantha Urban Coop Bank Ho
Contact Mr. Paresh Pashine
Bank Details Yes Bank Ltd Ajantha Urban Coop Bank Ho YESB0AUCB01
Location Aurangabad, Aurangabad
City Aurangabad
District Aurangabad
State Maharashtra
Pincode 431001
Country IN
Address Zambad heights, jadhavmandi, aurangabad 431001
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 431082551 for Ajantha Urban Coop Bank Ho 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 431082551 of Yes Bank, Ajantha Urban Coop Bank Ho branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Ajantha Urban Coop Bank Ho branch, makes the characters readable even if there are other marks and stamps on it.

A total of 58 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Ajantha Urban Coop Bank Ho

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 Ajantha Urban Coop Bank Ho 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. 431082551 is the MICR code of Yes Bank for Ajantha Urban Coop Bank Ho branch. MICR code for Ajantha Urban Coop Bank Ho 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 Ajantha Urban Coop Bank Ho is presented in the table alongside.

Use of Yes Bank MICR code for Ajantha Urban Coop Bank Ho branch in aurangabad

The MICR code 431082551 is used in RBI cheque clearing process to identify the branch Ajantha Urban Coop Bank Ho 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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