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 Bansur Rajasthan
Contact 18002000
Bank Details Yes Bank Ltd Bansur Rajasthan YESB0000688
Location Alwar, Alwar
City Alwar
District Alwar
State Rajasthan
Pincode 301402
Country IN
Address Ground floor khasra no-1103 rakba 3/3,22 godam alwar road,bansur,alwar rajasthan,pin - 301402
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 301532007 for Bansur Rajasthan 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 301532007 of Yes Bank, Bansur Rajasthan branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Bansur Rajasthan branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Bansur Rajasthan

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 Bansur Rajasthan 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. 301532007 is the MICR code of Yes Bank for Bansur Rajasthan branch. MICR code for Bansur Rajasthan 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 Bansur Rajasthan is presented in the table alongside.

Use of Yes Bank MICR code for Bansur Rajasthan branch in alwar

The MICR code 301532007 is used in RBI cheque clearing process to identify the branch Bansur Rajasthan 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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