Yes Bank Akola Akola Maharashtra MICR CODE

Find MICR Codes for Yes Bank Akola 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 Tajnapeth
Contact Mr Kasale 9923588845
Bank Details Yes Bank Ltd Akola Urban Coop Bank Tajnapeth YESB0AUB007
Location Akola, Akola
City Akola
District Akola
State Maharashtra
Pincode 444001
Country IN
Address Near hdfc bank, jillha parishad road, akola 444001
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 444330005 for Akola Urban Coop Bank Tajnapeth 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 444330005 of Yes Bank, Akola Urban Coop Bank Tajnapeth branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Akola Urban Coop Bank Tajnapeth branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Akola Urban Coop Bank Tajnapeth

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 Tajnapeth 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. 444330005 is the MICR code of Yes Bank for Akola Urban Coop Bank Tajnapeth branch. MICR code for Akola Urban Coop Bank Tajnapeth 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 Tajnapeth is presented in the table alongside.

Use of Yes Bank MICR code for Akola Urban Coop Bank Tajnapeth branch in akola

The MICR code 444330005 is used in RBI cheque clearing process to identify the branch Akola Urban Coop Bank Tajnapeth 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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