Yes Bank South Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Yes Bank South Delhi Delhi New Delhi

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hauz Khas
Contact 018001200
Bank Details Yes Bank Ltd Hauz Khas YESB0001184
Location South Delhi, Delhi
City South Delhi
District Delhi
State New Delhi
Pincode 110016
Country IN
Address Gf, e-43,hauz khas enclave,new delhi -110016
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 Hauz Khas 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, Hauz Khas branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Hauz Khas 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 -

>>Hauz Khas

MICR code for Yes Bank Hauz Khas

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 Hauz Khas 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 Hauz Khas branch. MICR code for Hauz Khas 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 Hauz Khas is presented in the table alongside.

Use of Yes Bank MICR code for Hauz Khas branch in south delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hauz Khas 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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