Yes Bank New Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Yes Bank New Delhi Delhi New Delhi

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Db Gupta Road Delhi
Contact 49524150
Bank Details Yes Bank Ltd Db Gupta Road Delhi YESB0000693
Location New Delhi, Delhi
City New Delhi
District Delhi
State New Delhi
Pincode 110005
Country IN
Address Ground floor and basement,3380,christian colony,d.b gupta road,karol bagh,new delhi,pin 110005
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 0 for Db Gupta Road Delhi 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 0 of Yes Bank, Db Gupta Road Delhi branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Db Gupta Road Delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Db Gupta Road Delhi

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 Db Gupta Road Delhi 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. 0 is the MICR code of Yes Bank for Db Gupta Road Delhi branch. MICR code for Db Gupta Road Delhi 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 Db Gupta Road Delhi is presented in the table alongside.

Use of Yes Bank MICR code for Db Gupta Road Delhi branch in new delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Db Gupta Road Delhi 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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