Yes Bank Margao South Goa Goa MICR CODE

Find MICR Codes for Yes Bank Margao South Goa Goa

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MICR Code	226532002
Bank	Yes Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lucknow
Contact	Contactus@yesbank.In
Bank Details	Yes Bank Ltd Lucknow YESB0000018

Location	Margao, South Goa
City	Margao
District	South Goa
State	Goa
Pincode	403601
Country	IN
Address	Tulsi complex, 12, rani laxmibai marg, hazratganj, lucknow

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 226532002 for Lucknow 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 226532002 of Yes Bank, Lucknow branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Lucknow branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Yes Bank Ltd are available with micr code -

>>Lucknow >>The Goa State Coop Bank Aquem >>The Goa State Coop Bank Borda >>The Goa State Coop Bank Margao

MICR code for Yes Bank Lucknow

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 Lucknow 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. 226532002 is the MICR code of Yes Bank for Lucknow branch. MICR code for Lucknow 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 Lucknow is presented in the table alongside.

Use of Yes Bank MICR code for Lucknow branch in margao

The MICR code 226532002 is used in RBI cheque clearing process to identify the branch Lucknow 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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