Yes Bank Jalgaon Jalgaon Maharashtra MICR CODE

Find MICR Codes for Yes Bank Jalgaon Jalgaon 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 Jalgaon
Contact 257-2240481
Bank Details Yes Bank Ltd Janalaxmi Coop Bank Jalgaon YESB0JLCB25
Location Jalgaon, Jalgaon
City Jalgaon
District Jalgaon
State Maharashtra
Pincode 425001
Country IN
Address Vasudeo smruti,jaikisan wadi, near g.s.high school,jalgaon-425001
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 425373001 for Janalaxmi Coop Bank Jalgaon 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 425373001 of Yes Bank, Janalaxmi Coop Bank Jalgaon branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Janalaxmi Coop Bank Jalgaon branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Janalaxmi Coop Bank Jalgaon

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 Jalgaon 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. 425373001 is the MICR code of Yes Bank for Janalaxmi Coop Bank Jalgaon branch. MICR code for Janalaxmi Coop Bank Jalgaon 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 Jalgaon is presented in the table alongside.

Use of Yes Bank MICR code for Janalaxmi Coop Bank Jalgaon branch in jalgaon

The MICR code 425373001 is used in RBI cheque clearing process to identify the branch Janalaxmi Coop Bank Jalgaon 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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