Yes Bank Satara Wai Maharashtra MICR CODE

Find MICR Codes for Yes Bank Satara Wai Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Janata Urban Coop Bank Main Branch
Contact 2167-227955
Bank Details Yes Bank Ltd Janata Urban Coop Bank Main Branch YESB0JUW001
Location Satara, Wai
City Satara
District Wai
State Maharashtra
Pincode 412803
Country IN
Address 2408 b,songirwadi,wai,dist satara -412803
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 Janata Urban Coop Bank Main Branch 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, Janata Urban Coop Bank Main Branch branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Janata Urban Coop Bank Main Branch 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 -

>>Janata Urban Coop Bank Main Branch >>Janata Urban Coop Bank Surur >>Janata Urban Coop Bank Wai Midc

MICR code for Yes Bank Janata Urban Coop Bank Main Branch

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 Janata Urban Coop Bank Main Branch 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 Janata Urban Coop Bank Main Branch branch. MICR code for Janata Urban Coop Bank Main Branch 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 Janata Urban Coop Bank Main Branch is presented in the table alongside.

Use of Yes Bank MICR code for Janata Urban Coop Bank Main Branch branch in satara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Janata Urban Coop Bank Main Branch 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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