Yes Bank Marine Drive Mumbai Maharashtra MICR CODE

Find MICR Codes for Yes Bank Marine Drive Mumbai Maharashtra

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State
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MICR Code	-NA-
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	Marine Drive
Contact	Amit Sukhija 9920637515
Bank Details	Yes Bank Ltd Marine Drive YESB0000311

Location	Marine Drive, Mumbai
City	Marine Drive
District	Mumbai
State	Maharashtra
Pincode	400007
Country	IN
Address	Ground floor, malabar view, marine drive, mumbai, maharashtra – 400007

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 Marine Drive 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, Marine Drive branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Marine Drive 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 -

>>Marine Drive

MICR code for Yes Bank Marine Drive

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 Marine Drive 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 Marine Drive branch. MICR code for Marine Drive 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 Marine Drive is presented in the table alongside.

Use of Yes Bank MICR code for Marine Drive branch in marine drive

The MICR code 0 is used in RBI cheque clearing process to identify the branch Marine Drive 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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