Yes Bank Guntur Guntur Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Guntur Guntur 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 Ltd Guntur
Contact 2227900
Bank Details Yes Bank Ltd Gandhi Coop Urban Bank Ltd Guntur YESB0GCUB12
Location Guntur, Guntur
City Guntur
District Guntur
State Andhra Pradesh
Pincode 522003
Country IN
Address Door no 6322 arundelpet guntur 522002 guntur
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 520649010 for Gandhi Coop Urban Bank Ltd Guntur 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 520649010 of Yes Bank, Gandhi Coop Urban Bank Ltd Guntur branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Gandhi Coop Urban Bank Ltd Guntur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Gandhi Coop Urban Bank Ltd Guntur

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 Ltd Guntur 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. 520649010 is the MICR code of Yes Bank for Gandhi Coop Urban Bank Ltd Guntur branch. MICR code for Gandhi Coop Urban Bank Ltd Guntur 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 Ltd Guntur is presented in the table alongside.

Use of Yes Bank MICR code for Gandhi Coop Urban Bank Ltd Guntur branch in guntur

The MICR code 520649010 is used in RBI cheque clearing process to identify the branch Gandhi Coop Urban Bank Ltd Guntur 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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