Yes Bank Hanuman Junction Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Hanuman Junction Krishna 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 Gandhi Coop Urban Bank Hanuman Jn
Contact Mr. K Srinivasa Rao - 08565 242525
Bank Details Yes Bank Ltd Gandhi Coop Urban Bank Hanuman Jn YESB0GCUB06
Location Hanuman Junction, Krishna
City Hanuman Junction
District Krishna
State Andhra Pradesh
Pincode 521105
Country IN
Address Door no 5-49, 1st floor, vijayawada road, hanuman junction - 521105
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 Gandhi Coop Urban Bank Hanuman Jn 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, Gandhi Coop Urban Bank Hanuman Jn branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Gandhi Coop Urban Bank Hanuman Jn 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 -

>>Gandhi Coop Urban Bank Hanuman Jn

MICR code for Yes Bank Gandhi Coop Urban Bank Hanuman Jn

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 Gandhi Coop Urban Bank Hanuman Jn 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 Gandhi Coop Urban Bank Hanuman Jn branch. MICR code for Gandhi Coop Urban Bank Hanuman Jn 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 Gandhi Coop Urban Bank Hanuman Jn is presented in the table alongside.

Use of Yes Bank MICR code for Gandhi Coop Urban Bank Hanuman Jn branch in hanuman junction

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gandhi Coop Urban Bank Hanuman Jn 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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