Yes Bank Mangalwedha Solapur Maharashtra MICR CODE

Find MICR Codes for Yes Bank Mangalwedha Solapur Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Brahmadeodada Bank Mangalwedha
Contact
Bank Details Yes Bank Ltd Brahmadeodada Bank Mangalwedha YESB0BMSB11
Location Mangalwedha, Solapur
City Mangalwedha
District Solapur
State Maharashtra
Pincode 413305
Country IN
Address M no 1708 kumbhar galli mangalwedha solapur 413305
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 413593501 for Brahmadeodada Bank Mangalwedha 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 413593501 of Yes Bank, Brahmadeodada Bank Mangalwedha branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Brahmadeodada Bank Mangalwedha 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 -

>>Brahmadeodada Bank Mangalwedha

MICR code for Yes Bank Brahmadeodada Bank Mangalwedha

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 Brahmadeodada Bank Mangalwedha 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. 413593501 is the MICR code of Yes Bank for Brahmadeodada Bank Mangalwedha branch. MICR code for Brahmadeodada Bank Mangalwedha 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 Brahmadeodada Bank Mangalwedha is presented in the table alongside.

Use of Yes Bank MICR code for Brahmadeodada Bank Mangalwedha branch in mangalwedha

The MICR code 413593501 is used in RBI cheque clearing process to identify the branch Brahmadeodada Bank Mangalwedha 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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