Yes Bank Raichur Sindhanur Karnataka MICR CODE

Find MICR Codes for Yes Bank Raichur Sindhanur Karnataka

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gorebal Karnataka
Contact 18002000
Bank Details Yes Bank Ltd Gorebal Karnataka YESB0000752
Location Raichur, Sindhanur
City Raichur
District Sindhanur
State Karnataka
Pincode 584128
Country IN
Address 1 st flr,plot no.391/18,ward no.2,dhadesugur village,sindhanur taluk,raichur dist,ka,584167
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 584532203 for Gorebal Karnataka 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 584532203 of Yes Bank, Gorebal Karnataka branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Gorebal Karnataka branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Yes Bank Ltd are available with micr code -

>>Dhadesugur Karnataka >>Gorebal Karnataka >>Shanti Nagar Karnataka

MICR code for Yes Bank Gorebal Karnataka

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 Gorebal Karnataka 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. 584532203 is the MICR code of Yes Bank for Gorebal Karnataka branch. MICR code for Gorebal Karnataka 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 Gorebal Karnataka is presented in the table alongside.

Use of Yes Bank MICR code for Gorebal Karnataka branch in raichur

The MICR code 584532203 is used in RBI cheque clearing process to identify the branch Gorebal Karnataka 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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