Yes Bank Vaijapur Aurangabad Maharashtra MICR CODE

Find MICR Codes for Yes Bank Vaijapur Aurangabad Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aurangabad Dcc Bank Garaj
Contact Branch Manager-02436-287338
Bank Details Yes Bank Ltd Aurangabad Dcc Bank Garaj YESB0AUR048
Location Vaijapur, Aurangabad
City Vaijapur
District Aurangabad
State Maharashtra
Pincode 431115
Country IN
Address At post garaj ta vaijapur dist aurangabad-431115
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 0 for Aurangabad Dcc Bank Garaj 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 0 of Yes Bank, Aurangabad Dcc Bank Garaj branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Aurangabad Dcc Bank Garaj branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Aurangabad Dcc Bank Garaj

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 Aurangabad Dcc Bank Garaj 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. 0 is the MICR code of Yes Bank for Aurangabad Dcc Bank Garaj branch. MICR code for Aurangabad Dcc Bank Garaj 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 Aurangabad Dcc Bank Garaj is presented in the table alongside.

Use of Yes Bank MICR code for Aurangabad Dcc Bank Garaj branch in vaijapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Aurangabad Dcc Bank Garaj 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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