Yes Bank Bhavnagar Bhavnagar Gujarat MICR CODE

Find MICR Codes for Yes Bank Bhavnagar Bhavnagar Gujarat

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhavnagar Nag Sah Bank Krishnanagar
Contact Mr. Mania - 02782513702
Bank Details Yes Bank Ltd Bhavnagar Nag Sah Bank Krishnanagar YESB0BNSB02
Location Bhavnagar, Bhavnagar
City Bhavnagar
District Bhavnagar
State Gujarat
Pincode 364001
Country IN
Address Plot no. B, krishnanagar, dawn, bhavnagar - 364001
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 Bhavnagar Nag Sah Bank Krishnanagar 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, Bhavnagar Nag Sah Bank Krishnanagar branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Bhavnagar Nag Sah Bank Krishnanagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Bhavnagar Nag Sah Bank Krishnanagar

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 Bhavnagar Nag Sah Bank Krishnanagar 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 Bhavnagar Nag Sah Bank Krishnanagar branch. MICR code for Bhavnagar Nag Sah Bank Krishnanagar 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 Bhavnagar Nag Sah Bank Krishnanagar is presented in the table alongside.

Use of Yes Bank MICR code for Bhavnagar Nag Sah Bank Krishnanagar branch in bhavnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhavnagar Nag Sah Bank Krishnanagar 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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