Yes Bank Kakinada East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Kakinada East Godavari Andhra Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kakinada Andhra Pradesh
Contact 18002000
Bank Details Yes Bank Ltd Kakinada Andhra Pradesh YESB0001046
Location Kakinada, East Godavari
City Kakinada
District East Godavari
State Andhra Pradesh
Pincode 533003
Country IN
Address Gr. Floor, 2/27/14-2, koppana complex, gokula street, sri nagar, kakinada 533003
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 Kakinada Andhra Pradesh 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, Kakinada Andhra Pradesh branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Kakinada Andhra Pradesh 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 -

>>Kakinada Andhra Pradesh

MICR code for Yes Bank Kakinada Andhra Pradesh

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 Kakinada Andhra Pradesh 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 Kakinada Andhra Pradesh branch. MICR code for Kakinada Andhra Pradesh 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 Kakinada Andhra Pradesh is presented in the table alongside.

Use of Yes Bank MICR code for Kakinada Andhra Pradesh branch in kakinada

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kakinada Andhra Pradesh 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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