Yes Bank Anand Anand Gujarat MICR CODE

Find MICR Codes for Yes Bank Anand Anand Gujarat

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MICR Code	388532071
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	Borsad Gujarat
Contact	18002000
Bank Details	Yes Bank Ltd Borsad Gujarat YESB0000849

Location	Anand, Anand
City	Anand
District	Anand
State	Gujarat
Pincode	388540
Country	IN
Address	Shop no.29 to 33, gr flr, bhaishree mall, opp.telephone exch, borsad, anand, gujarat, 388540

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 388532071 for Borsad Gujarat 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 388532071 of Yes Bank, Borsad Gujarat branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Borsad Gujarat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Yes Bank Ltd are available with micr code -

>>Agas >>Anand Gujarat >>Borsad Gujarat >>Sardarganj Mercantile Cooperative Bank Ltd >>The Coop Bank Of Rajkot Anand

MICR code for Yes Bank Borsad Gujarat

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 Borsad Gujarat 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. 388532071 is the MICR code of Yes Bank for Borsad Gujarat branch. MICR code for Borsad Gujarat 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 Borsad Gujarat is presented in the table alongside.

Use of Yes Bank MICR code for Borsad Gujarat branch in anand

The MICR code 388532071 is used in RBI cheque clearing process to identify the branch Borsad Gujarat 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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