Yes Bank Alwar Alwar Rajasthan MICR CODE

Find MICR Codes for Yes Bank Alwar Alwar Rajasthan

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alwar Urban Coop Bank Alwar
Contact Mr Mukesh Mudgal - 01442346556
Bank Details Yes Bank Ltd Alwar Urban Coop Bank Alwar YESB0ALWUCB
Location Alwar, Alwar
City Alwar
District Alwar
State Rajasthan
Pincode 301001
Country IN
Address Ganga bhawan, bus stand, alwar - 301001
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 301803003 for Alwar Urban Coop Bank Alwar 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 301803003 of Yes Bank, Alwar Urban Coop Bank Alwar branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Alwar Urban Coop Bank Alwar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Alwar Urban Coop Bank Alwar

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 Alwar Urban Coop Bank Alwar 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. 301803003 is the MICR code of Yes Bank for Alwar Urban Coop Bank Alwar branch. MICR code for Alwar Urban Coop Bank Alwar 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 Alwar Urban Coop Bank Alwar is presented in the table alongside.

Use of Yes Bank MICR code for Alwar Urban Coop Bank Alwar branch in alwar

The MICR code 301803003 is used in RBI cheque clearing process to identify the branch Alwar Urban Coop Bank Alwar 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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