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 Juwardi Jalgaon
Contact 18002000
Bank Details Yes Bank Ltd Juwardi Jalgaon YESB0001133
Location Jalgaon, Jalgaon
City Jalgaon
District Jalgaon
State Maharashtra
Pincode 424107
Country IN
Address Gr flr milkat no 692gat no 322 plot no 01 juwardi bhadgaon dist jalgaon maharashtra 424107
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 Juwardi 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 0 of Yes Bank, Juwardi Jalgaon branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Juwardi Jalgaon branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Juwardi 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 Juwardi 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. 0 is the MICR code of Yes Bank for Juwardi Jalgaon branch. MICR code for Juwardi 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 Juwardi Jalgaon is presented in the table alongside.

Use of Yes Bank MICR code for Juwardi Jalgaon branch in jalgaon

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