Yes Bank Patamata Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Patamata 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 Patamata
Contact Mrs. Madhura Vani - 0866 2477248
Bank Details Yes Bank Ltd Gandhi Coop Urban Bank Patamata YESB0GCUB02
Location Patamata, Krishna
City Patamata
District Krishna
State Andhra Pradesh
Pincode 520001
Country IN
Address Door n0 - 68-4-13, gogineni complex, patamata, vijayawada - 520001
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 520649003 for Gandhi Coop Urban Bank Patamata 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 520649003 of Yes Bank, Gandhi Coop Urban Bank Patamata branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Gandhi Coop Urban Bank Patamata 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 Patamata

MICR code for Yes Bank Gandhi Coop Urban Bank Patamata

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 Patamata 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. 520649003 is the MICR code of Yes Bank for Gandhi Coop Urban Bank Patamata branch. MICR code for Gandhi Coop Urban Bank Patamata 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 Patamata is presented in the table alongside.

Use of Yes Bank MICR code for Gandhi Coop Urban Bank Patamata branch in patamata

The MICR code 520649003 is used in RBI cheque clearing process to identify the branch Gandhi Coop Urban Bank Patamata 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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