Yes Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Yes Bank Vadodara Vadodara Gujarat

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coop Bank Of Baroda Alkapuri
Contact Mr. Jayeshbhai - 02652344279
Bank Details Yes Bank Ltd Coop Bank Of Baroda Alkapuri YESB0COBALK
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390007
Country IN
Address Offtel tower r.c dutt road vadodara 390007
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 390157002 for Coop Bank Of Baroda Alkapuri 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 390157002 of Yes Bank, Coop Bank Of Baroda Alkapuri branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Coop Bank Of Baroda Alkapuri branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Coop Bank Of Baroda Alkapuri

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 Coop Bank Of Baroda Alkapuri 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. 390157002 is the MICR code of Yes Bank for Coop Bank Of Baroda Alkapuri branch. MICR code for Coop Bank Of Baroda Alkapuri 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 Coop Bank Of Baroda Alkapuri is presented in the table alongside.

Use of Yes Bank MICR code for Coop Bank Of Baroda Alkapuri branch in vadodara

The MICR code 390157002 is used in RBI cheque clearing process to identify the branch Coop Bank Of Baroda Alkapuri 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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