Yes Bank Malegaon Nasik Maharashtra MICR CODE

Find MICR Codes for Yes Bank Malegaon Nasik Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Janalaxmi Coop Bank Malegaon
Contact 2524-256036
Bank Details Yes Bank Ltd Janalaxmi Coop Bank Malegaon YESB0JLCB24
Location Malegaon, Nasik
City Malegaon
District Nasik
State Maharashtra
Pincode 423105
Country IN
Address Vishwa laxmi complex,sangameshwar,satana raod,malegoan-423105
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.

Search Yes Bank MICR Codes in nasik

You can search through MICR Codes of Maharashtra branches in malegaon of District nasik in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Yes Bank Ltd are available with micr code -

>>Janalaxmi Coop Bank Malegaon

How to find MICR codes for Yes Bank in malegaon?

Yes Bank malegaon MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Yes Bank MICR codes list for malegaon, one can further search by branch name specified in the table. You can find MICR codes for all Yes Bank malegaon branches.

Yes Bank MICR code in malegaon

Yes Bank MICR code is a character recognition technology used by banks in the processing of cheques. Yes Bank MICR code for malegaon branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Yes Bank branches in malegaon, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Yes Bank MICR code for malegaon branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Yes Bank malegaon branch, sprinted 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. Thus MICR code for Yes Bank malegaon branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Yes Bank MICR codes for malegaon branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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