Yes Bank Vasagade Sangli Maharashtra MICR CODE

Find MICR Codes for Yes Bank Vasagade Sangli Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mamasaheb Pawar Satyavijay Coop Bank Vasagade
Contact 234247
Bank Details Yes Bank Ltd Mamasaheb Pawar Satyavijay Coop Bank Vasagade YESB0MPSC09
Location Vasagade, Sangli
City Vasagade
District Sangli
State Maharashtra
Pincode 416416
Country IN
Address Near jain basti vasagade tal palus sangli 416416
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 416807502 for Mamasaheb Pawar Satyavijay Coop Bank Vasagade 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 416807502 of Yes Bank, Mamasaheb Pawar Satyavijay Coop Bank Vasagade branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Mamasaheb Pawar Satyavijay Coop Bank Vasagade 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 -

>>Mamasaheb Pawar Satyavijay Coop Bank Vasagade

MICR code for Yes Bank Mamasaheb Pawar Satyavijay Coop Bank Vasagade

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 Mamasaheb Pawar Satyavijay Coop Bank Vasagade 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. 416807502 is the MICR code of Yes Bank for Mamasaheb Pawar Satyavijay Coop Bank Vasagade branch. MICR code for Mamasaheb Pawar Satyavijay Coop Bank Vasagade 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 Mamasaheb Pawar Satyavijay Coop Bank Vasagade is presented in the table alongside.

Use of Yes Bank MICR code for Mamasaheb Pawar Satyavijay Coop Bank Vasagade branch in vasagade

The MICR code 416807502 is used in RBI cheque clearing process to identify the branch Mamasaheb Pawar Satyavijay Coop Bank Vasagade 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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