Yes Bank Kanuru Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Kanuru Krishna 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 Kanuru
Contact Branch Manager - 08662550200
Bank Details Yes Bank Ltd Coastal Local Area Bank Kanuru YESB0CLAB11
Location Kanuru, Krishna
City Kanuru
District Krishna
State Andhra Pradesh
Pincode 520007
Country IN
Address D no 5-527/2, opp ashok nagar bus stop, mg road , kanuru - 520007
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 520652003 for Coastal Local Area Bank Kanuru 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 520652003 of Yes Bank, Coastal Local Area Bank Kanuru branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Coastal Local Area Bank Kanuru 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 -

>>Coastal Local Area Bank Kanuru

MICR code for Yes Bank Coastal Local Area Bank Kanuru

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 Kanuru 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. 520652003 is the MICR code of Yes Bank for Coastal Local Area Bank Kanuru branch. MICR code for Coastal Local Area Bank Kanuru 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 Kanuru is presented in the table alongside.

Use of Yes Bank MICR code for Coastal Local Area Bank Kanuru branch in kanuru

The MICR code 520652003 is used in RBI cheque clearing process to identify the branch Coastal Local Area Bank Kanuru 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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