MICR Code Bank
Find MICR code for Yes Bank branches in India for NEFT and RTGS transfer

Yes Bank MICR CODE

Find MICR Codes for Yes Bank

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  1. Yes Bank Ltd »
  2. Maharashtra »
  3. rendal »
  4. kolhapur »
  5. apasaheb patil rendal sahakari bank ltd

Find MICR Codes for Yes Bank

MICR Code: 416827501
Bank: Yes Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Apasaheb Patil Rendal Sahakari Bank Ltd
Contact: 230-2450123
Bank Details: Yes Bank Ltd Apasaheb Patil Rendal Sahakari Bank Ltd YESB0ARSB01
Location: Kolhapur, Rendal
City: Kolhapur
District: Rendal
State: Maharashtra
Pincode: 416203
Country: IN
Address: Main road, a/p rendal, tal hatkanangale, kolhapur - 416203

How does MICR code for 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 of Yes Bank, branch makes the system almost error free and faster. Use of Yes Bank MICR codes for 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

>>Apasaheb Patil Rendal Sahakari Bank Ltd

MICR code for Yes Bank

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

Use of Yes Bank MICR code for branch in kolhapur

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