Yes Bank Akola Akola Maharashtra MICR CODE

Find MICR Codes for Yes Bank Akola Akola Maharashtra

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State
District
City
Branch
Address

MICR Code	-NA-
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	Akola
Contact	724-18001200
Bank Details	Yes Bank Ltd Akola YESB0001383

Location	Akola, Akola
City	Akola
District	Akola
State	Maharashtra
Pincode	444001
Country	IN
Address	Ground floor, plot no. 2, nehru park street no. 55, block no. 7, gorakshan road, akola, maharashtra -444 001.

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 0 for Akola 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 0 of Yes Bank, Akola branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Akola branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Yes Bank Ltd are available with micr code -

>>Akola >>Akola Merchant Coop Bank Head Office >>Akola Urban Coop Bank Adarsh Colony >>Akola Urban Coop Bank Civil Line >>Akola Urban Coop Bank Dabki Road >>Akola Urban Coop Bank Ext Count >>Akola Urban Coop Bank Ho >>Akola Urban Coop Bank Main Branch >>Akola Urban Coop Bank Ramdas Peth >>Akola Urban Coop Bank Tajnapeth >>Sanmitra Urban Coop Bank Ltd Akola >>The Pusad Ucb Akola >>The Yavatmal Ucb Akola

MICR code for Yes Bank Akola

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 Akola 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. 0 is the MICR code of Yes Bank for Akola branch. MICR code for Akola 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 Akola is presented in the table alongside.

Use of Yes Bank MICR code for Akola branch in akola

The MICR code 0 is used in RBI cheque clearing process to identify the branch Akola 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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