Yes Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Hyderabad Hyderabad Andhra Pradesh

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State
District
City
Branch
Address

MICR Code	500532004
Bank	Yes Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Banjara Hills
Contact
Bank Details	Yes Bank Ltd Banjara Hills YESB0000250

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500034
Country	IN
Address	Shop no:g-1, dev dhanuka prestige, road no 12, banjara hills hyderabad andhra pradesh 500034

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 500532004 for Banjara Hills 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 500532004 of Yes Bank, Banjara Hills branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Banjara Hills branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Banjara Hills

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 Banjara Hills 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. 500532004 is the MICR code of Yes Bank for Banjara Hills branch. MICR code for Banjara Hills 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 Banjara Hills is presented in the table alongside.

Use of Yes Bank MICR code for Banjara Hills branch in hyderabad

The MICR code 500532004 is used in RBI cheque clearing process to identify the branch Banjara Hills 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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