Yes Bank Nainital Nainital Uttrakhand MICR CODE

Find MICR Codes for Yes Bank Nainital Nainital Uttrakhand

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kurmanchal Nsb Ltd Tallital Nainital
Contact Mr. Sanjay Pathak - 9456596442
Bank Details Yes Bank Ltd Kurmanchal Nsb Ltd Tallital Nainital YESB0KNSB10
Location Nainital, Nainital
City Nainital
District Nainital
State Uttrakhand
Pincode 263002
Country IN
Address Kurmanchal bhawan, tallital, nainital - 263002
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 263802303 for Kurmanchal Nsb Ltd Tallital Nainital 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 263802303 of Yes Bank, Kurmanchal Nsb Ltd Tallital Nainital branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Kurmanchal Nsb Ltd Tallital Nainital branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Kurmanchal Nsb Ltd Tallital Nainital

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 Kurmanchal Nsb Ltd Tallital Nainital 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. 263802303 is the MICR code of Yes Bank for Kurmanchal Nsb Ltd Tallital Nainital branch. MICR code for Kurmanchal Nsb Ltd Tallital Nainital 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 Kurmanchal Nsb Ltd Tallital Nainital is presented in the table alongside.

Use of Yes Bank MICR code for Kurmanchal Nsb Ltd Tallital Nainital branch in nainital

The MICR code 263802303 is used in RBI cheque clearing process to identify the branch Kurmanchal Nsb Ltd Tallital Nainital 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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