Yes Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Yes Bank Pune Pune Maharashtra

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MICR Code	411532014
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	Market Yard Pune
Contact	39529000
Bank Details	Yes Bank Ltd Market Yard Pune YESB0000630

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411037
Country	IN
Address	Part ground floor, 582/d, bazar samiti building, market yard, pune maharashtra 411037

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 411532014 for Market Yard Pune 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 411532014 of Yes Bank, Market Yard Pune branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Market Yard Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 86 branches of Yes Bank Ltd are available with micr code -

MICR code for Yes Bank Market Yard Pune

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 Market Yard Pune 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. 411532014 is the MICR code of Yes Bank for Market Yard Pune branch. MICR code for Market Yard Pune 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 Market Yard Pune is presented in the table alongside.

Use of Yes Bank MICR code for Market Yard Pune branch in pune

The MICR code 411532014 is used in RBI cheque clearing process to identify the branch Market Yard Pune 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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