Yes Bank Balapur Akola Maharashtra MICR CODE

Find MICR Codes for Yes Bank Balapur Akola Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Akola Urban Coop Bank Balapur
Contact Mr Sau Deshpande 9923588197
Bank Details Yes Bank Ltd Akola Urban Coop Bank Balapur YESB0AUB006
Location Balapur, Akola
City Balapur
District Akola
State Maharashtra
Pincode 444302
Country IN
Address Near state bank of india, balapur dist. Akola 444302
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 444330503 for Akola Urban Coop Bank Balapur 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 444330503 of Yes Bank, Akola Urban Coop Bank Balapur branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Akola Urban Coop Bank Balapur 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 -

>>Akola Urban Coop Bank Balapur

MICR code for Yes Bank Akola Urban Coop Bank Balapur

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 Urban Coop Bank Balapur 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. 444330503 is the MICR code of Yes Bank for Akola Urban Coop Bank Balapur branch. MICR code for Akola Urban Coop Bank Balapur 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 Urban Coop Bank Balapur is presented in the table alongside.

Use of Yes Bank MICR code for Akola Urban Coop Bank Balapur branch in balapur

The MICR code 444330503 is used in RBI cheque clearing process to identify the branch Akola Urban Coop Bank Balapur 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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