Yes Bank Chawri Bazaar Delhi New Delhi MICR CODE

Find MICR Codes for Yes Bank Chawri Bazaar Delhi New Delhi

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MICR Code	400532050
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	Chawri Bazaar
Contact	Ashwani Kumar- 9999882658
Bank Details	Yes Bank Ltd Chawri Bazaar YESB0000456

Location	Chawri Bazaar, Delhi
City	Chawri Bazaar
District	Delhi
State	New Delhi
Pincode	110006
Country	IN
Address	First floor, second floor & third floor, plot no 85 to 88, chawri bazaar, new delhi-110006

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 400532050 for Chawri Bazaar 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 400532050 of Yes Bank, Chawri Bazaar branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Chawri Bazaar 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 -

>>Chawri Bazaar

MICR code for Yes Bank Chawri Bazaar

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 Chawri Bazaar 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. 400532050 is the MICR code of Yes Bank for Chawri Bazaar branch. MICR code for Chawri Bazaar 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 Chawri Bazaar is presented in the table alongside.

Use of Yes Bank MICR code for Chawri Bazaar branch in chawri bazaar

The MICR code 400532050 is used in RBI cheque clearing process to identify the branch Chawri Bazaar 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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