Yes Bank Guna Guna Madhya Pradesh MICR CODE

Find MICR Codes for Yes Bank Guna Guna Madhya Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Garha Coop Bank Ltd Hatt Road
Contact Mr Dilip Jain 07542256803
Bank Details Yes Bank Ltd Garha Coop Bank Ltd Hatt Road YESB0GCBL01
Location Guna, Guna
City Guna
District Guna
State Madhya Pradesh
Pincode 473001
Country IN
Address Hatt road guna 473001
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 473816001 for Garha Coop Bank Ltd Hatt Road 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 473816001 of Yes Bank, Garha Coop Bank Ltd Hatt Road branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Garha Coop Bank Ltd Hatt Road 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 -

>>Garha Coop Bank Ltd Hatt Road

MICR code for Yes Bank Garha Coop Bank Ltd Hatt Road

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 Garha Coop Bank Ltd Hatt Road 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. 473816001 is the MICR code of Yes Bank for Garha Coop Bank Ltd Hatt Road branch. MICR code for Garha Coop Bank Ltd Hatt Road 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 Garha Coop Bank Ltd Hatt Road is presented in the table alongside.

Use of Yes Bank MICR code for Garha Coop Bank Ltd Hatt Road branch in guna

The MICR code 473816001 is used in RBI cheque clearing process to identify the branch Garha Coop Bank Ltd Hatt Road 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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