Yes Bank Moradabad Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Yes Bank Moradabad Moradabad Uttar Pradesh

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MICR Code	244532003
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	Civil Lines Moradabad
Contact	2422231
Bank Details	Yes Bank Ltd Civil Lines Moradabad YESB0000706

Location	Moradabad, Moradabad
City	Moradabad
District	Moradabad
State	Uttar Pradesh
Pincode	244001
Country	IN
Address	Gf,kunwar plaza,plot no.34,35,civil lines,moradabad,uttar pradesh,244001

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 244532003 for Civil Lines Moradabad 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 244532003 of Yes Bank, Civil Lines Moradabad branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Civil Lines Moradabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Yes Bank Ltd are available with micr code -

>>Civil Lines Moradabad >>Kolhapur Maharashtra >>Northern Rly Pr Coop Bank Moradabad

MICR code for Yes Bank Civil Lines Moradabad

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 Civil Lines Moradabad 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. 244532003 is the MICR code of Yes Bank for Civil Lines Moradabad branch. MICR code for Civil Lines Moradabad 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 Civil Lines Moradabad is presented in the table alongside.

Use of Yes Bank MICR code for Civil Lines Moradabad branch in moradabad

The MICR code 244532003 is used in RBI cheque clearing process to identify the branch Civil Lines Moradabad 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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