Yes Bank Karmad Aurangabad Maharashtra MICR CODE

Find MICR Codes for Yes Bank Karmad Aurangabad Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Deogiri Nagari Sah Bank Karmad
Contact Sudhir Deshpande - 9403080708
Bank Details Yes Bank Ltd Deogiri Nagari Sah Bank Karmad YESB0DNSB24
Location Karmad, Aurangabad
City Karmad
District Aurangabad
State Maharashtra
Pincode 431207
Country IN
Address Gut no.1,survey no.604,shree krishna mandir,chakradhar ashram,opp. Karmad police stn,karmad431207
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 431582014 for Deogiri Nagari Sah Bank Karmad 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 431582014 of Yes Bank, Deogiri Nagari Sah Bank Karmad branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Deogiri Nagari Sah Bank Karmad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Yes Bank Ltd are available with micr code -

>>Aurangabad Dcc Bank Karmad >>Deogiri Nagari Sah Bank Karmad >>Lokvikas Nagari Sah Bank Karmad

MICR code for Yes Bank Deogiri Nagari Sah Bank Karmad

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 Deogiri Nagari Sah Bank Karmad 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. 431582014 is the MICR code of Yes Bank for Deogiri Nagari Sah Bank Karmad branch. MICR code for Deogiri Nagari Sah Bank Karmad 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 Deogiri Nagari Sah Bank Karmad is presented in the table alongside.

Use of Yes Bank MICR code for Deogiri Nagari Sah Bank Karmad branch in karmad

The MICR code 431582014 is used in RBI cheque clearing process to identify the branch Deogiri Nagari Sah Bank Karmad 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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