Yes Bank New Bombay Thane Maharashtra MICR CODE

Find MICR Codes for Yes Bank New Bombay Thane Maharashtra

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MICR Code	400532026
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	Belapur
Contact
Bank Details	Yes Bank Ltd Belapur YESB0000216

Location	New Bombay, Thane
City	New Bombay
District	Thane
State	Maharashtra
Pincode	400614
Country	IN
Address	Ground floor,sharda terraces, plot no 65,sector-11,cbd belapur, navi mumbai mumbai mahrashtra 400614

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 400532026 for Belapur 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 400532026 of Yes Bank, Belapur branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Belapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Yes Bank Ltd are available with micr code -

>>Airoli >>Apmc Vashi >>Belapur >>Kharghar >>Nerul >>Sanpada >>The Pusad Ucb Vashi >>Vashi

MICR code for Yes Bank Belapur

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 Belapur 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. 400532026 is the MICR code of Yes Bank for Belapur branch. MICR code for Belapur 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 Belapur is presented in the table alongside.

Use of Yes Bank MICR code for Belapur branch in new bombay

The MICR code 400532026 is used in RBI cheque clearing process to identify the branch Belapur 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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