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Yes Bank Aurangabad Aurangabad Maharashtra MICR CODE

Find MICR Codes for Yes Bank Aurangabad 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 Satara Pari
Contact Sudhir Deshpande - 9403080708
Bank Details Yes Bank Ltd Deogiri Nagari Sah Bank Satara Pari YESB0DNSB13
Location Aurangabad, Aurangabad
City Aurangabad
District Aurangabad
State Maharashtra
Pincode 431001
Country IN
Address Near mhaske petrol pump, patil plaza, beed bypass road, satara parisar, aurangabad 431001
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 431582013 for Deogiri Nagari Sah Bank Satara Pari 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 431582013 of Yes Bank, Deogiri Nagari Sah Bank Satara Pari branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Deogiri Nagari Sah Bank Satara Pari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 58 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Deogiri Nagari Sah Bank Satara Pari

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 Satara Pari 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. 431582013 is the MICR code of Yes Bank for Deogiri Nagari Sah Bank Satara Pari branch. MICR code for Deogiri Nagari Sah Bank Satara Pari 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 Satara Pari is presented in the table alongside.

Use of Yes Bank MICR code for Deogiri Nagari Sah Bank Satara Pari branch in aurangabad

The MICR code 431582013 is used in RBI cheque clearing process to identify the branch Deogiri Nagari Sah Bank Satara Pari 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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