Yes Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ap Raja Rajeswari Bank Ameerpet
Contact 23742944
Bank Details Yes Bank Ltd Ap Raja Rajeswari Bank Ameerpet YESB0APRAJ1
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500016
Country IN
Address 7-1-70 dharam karan road ameerpet 500016
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 500144259 for Ap Raja Rajeswari Bank Ameerpet 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 500144259 of Yes Bank, Ap Raja Rajeswari Bank Ameerpet branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Ap Raja Rajeswari Bank Ameerpet branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Ap Raja Rajeswari Bank Ameerpet

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 Ap Raja Rajeswari Bank Ameerpet 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. 500144259 is the MICR code of Yes Bank for Ap Raja Rajeswari Bank Ameerpet branch. MICR code for Ap Raja Rajeswari Bank Ameerpet 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 Ap Raja Rajeswari Bank Ameerpet is presented in the table alongside.

Use of Yes Bank MICR code for Ap Raja Rajeswari Bank Ameerpet branch in hyderabad

The MICR code 500144259 is used in RBI cheque clearing process to identify the branch Ap Raja Rajeswari Bank Ameerpet 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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