Yes Bank Beed Beed Maharashtra MICR CODE

Find MICR Codes for Yes Bank Beed Beed Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhavani Urban Coop Bank Ltd Georai
Contact 2447-262392
Bank Details Yes Bank Ltd Bhavani Urban Coop Bank Ltd Georai YESB0BHVUCB
Location Beed, Beed
City Beed
District Beed
State Maharashtra
Pincode 431127
Country IN
Address 00, shastri chowk, near bhagvati thetor, gevrai, beed, 431127
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 Bhavani Urban Coop Bank Ltd Georai 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, Bhavani Urban Coop Bank Ltd Georai branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Bhavani Urban Coop Bank Ltd Georai 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 -

>>Bhavani Urban Coop Bank Ltd Georai

MICR code for Yes Bank Bhavani Urban Coop Bank Ltd Georai

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 Bhavani Urban Coop Bank Ltd Georai 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 Bhavani Urban Coop Bank Ltd Georai branch. MICR code for Bhavani Urban Coop Bank Ltd Georai 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 Bhavani Urban Coop Bank Ltd Georai is presented in the table alongside.

Use of Yes Bank MICR code for Bhavani Urban Coop Bank Ltd Georai branch in beed

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhavani Urban Coop Bank Ltd Georai 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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