Yes Bank Eklahare Nasik Maharashtra MICR CODE

Find MICR Codes for Yes Bank Eklahare Nasik Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Janalaxmi Coop Bank Eklahare
Contact 253-2810094
Bank Details Yes Bank Ltd Janalaxmi Coop Bank Eklahare YESB0JLCB06
Location Eklahare, Nasik
City Eklahare
District Nasik
State Maharashtra
Pincode 422101
Country IN
Address Ntps colony eklahare nashik 422101
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 422373006 for Janalaxmi Coop Bank Eklahare 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 422373006 of Yes Bank, Janalaxmi Coop Bank Eklahare branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Janalaxmi Coop Bank Eklahare 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 -

>>Janalaxmi Coop Bank Eklahare

MICR code for Yes Bank Janalaxmi Coop Bank Eklahare

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 Janalaxmi Coop Bank Eklahare 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. 422373006 is the MICR code of Yes Bank for Janalaxmi Coop Bank Eklahare branch. MICR code for Janalaxmi Coop Bank Eklahare 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 Janalaxmi Coop Bank Eklahare is presented in the table alongside.

Use of Yes Bank MICR code for Janalaxmi Coop Bank Eklahare branch in eklahare

The MICR code 422373006 is used in RBI cheque clearing process to identify the branch Janalaxmi Coop Bank Eklahare 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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