Yes Bank Hiwarkhed Akola Maharashtra MICR CODE

Find MICR Codes for Yes Bank Hiwarkhed Akola Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Akola Urban Coop Bank Hiwarkhed
Contact Mr Shaikh 9765988191
Bank Details Yes Bank Ltd Akola Urban Coop Bank Hiwarkhed YESB0AUB009
Location Hiwarkhed, Akola
City Hiwarkhed
District Akola
State Maharashtra
Pincode 444103
Country IN
Address Main road, hiwarkhed 444103
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.

Search Yes Bank MICR Codes in akola

You can search through MICR Codes of Maharashtra branches in hiwarkhed of District akola in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Yes Bank Ltd are available with micr code -

>>Akola Urban Coop Bank Hiwarkhed

How to find MICR codes for Yes Bank in hiwarkhed?

Yes Bank hiwarkhed MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Yes Bank MICR codes list for hiwarkhed, one can further search by branch name specified in the table. You can find MICR codes for all Yes Bank hiwarkhed branches.

Yes Bank MICR code in hiwarkhed

Yes Bank MICR code is a character recognition technology used by banks in the processing of cheques. Yes Bank MICR code for hiwarkhed branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Yes Bank branches in hiwarkhed, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Yes Bank MICR code for hiwarkhed branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Yes Bank hiwarkhed branch, sprinted 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. Thus MICR code for Yes Bank hiwarkhed branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Yes Bank MICR codes for hiwarkhed branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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