Yes Bank Bhimavaram West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Bhimavaram West Godavari Andhra Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coastal Local Area Bank Bhimavaram
Contact Branch Manager - 08816238889
Bank Details Yes Bank Ltd Coastal Local Area Bank Bhimavaram YESB0CLAB15
Location Bhimavaram, West Godavari
City Bhimavaram
District West Godavari
State Andhra Pradesh
Pincode 534201
Country IN
Address D no 23-3-19, taluka office center, bhimavaram - 534201
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 534652402 for Coastal Local Area Bank Bhimavaram 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 534652402 of Yes Bank, Coastal Local Area Bank Bhimavaram branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Coastal Local Area Bank Bhimavaram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Yes Bank Ltd are available with micr code -

>>Bhimavaram >>Coastal Local Area Bank Bhimavaram

MICR code for Yes Bank Coastal Local Area Bank Bhimavaram

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 Coastal Local Area Bank Bhimavaram 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. 534652402 is the MICR code of Yes Bank for Coastal Local Area Bank Bhimavaram branch. MICR code for Coastal Local Area Bank Bhimavaram 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 Coastal Local Area Bank Bhimavaram is presented in the table alongside.

Use of Yes Bank MICR code for Coastal Local Area Bank Bhimavaram branch in bhimavaram

The MICR code 534652402 is used in RBI cheque clearing process to identify the branch Coastal Local Area Bank Bhimavaram 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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