Yes Bank Nizampatnam Guntur Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Nizampatnam Guntur 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 Nizampatnam
Contact Branch Manager - 08648257085
Bank Details Yes Bank Ltd Coastal Local Area Bank Nizampatnam YESB0CLAB23
Location Nizampatnam, Guntur
City Nizampatnam
District Guntur
State Andhra Pradesh
Pincode 522314
Country IN
Address D no 8/116, bus stand road, nizampatnam - 522314
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 522652682 for Coastal Local Area Bank Nizampatnam 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 522652682 of Yes Bank, Coastal Local Area Bank Nizampatnam branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Coastal Local Area Bank Nizampatnam 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 Nizampatnam

MICR code for Yes Bank Coastal Local Area Bank Nizampatnam

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 Nizampatnam 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. 522652682 is the MICR code of Yes Bank for Coastal Local Area Bank Nizampatnam branch. MICR code for Coastal Local Area Bank Nizampatnam 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 Nizampatnam is presented in the table alongside.

Use of Yes Bank MICR code for Coastal Local Area Bank Nizampatnam branch in nizampatnam

The MICR code 522652682 is used in RBI cheque clearing process to identify the branch Coastal Local Area Bank Nizampatnam 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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