Yes Bank Moviya Rajkot Gujarat MICR CODE

Find MICR Codes for Yes Bank Moviya Rajkot Gujarat

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Moviya
Contact 18002000
Bank Details Yes Bank Ltd Moviya YESB0001104
Location Moviya, Rajkot
City Moviya
District Rajkot
State Gujarat
Pincode 360330
Country IN
Address Ground floor, shop no. 3 and 4, megha mall, moviya, tal. Paddhari, dist. Rajkot, gujarat 360 110
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 360532006 for Moviya 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 360532006 of Yes Bank, Moviya branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Moviya 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 -

>>Moviya

MICR code for Yes Bank Moviya

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 Moviya 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. 360532006 is the MICR code of Yes Bank for Moviya branch. MICR code for Moviya 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 Moviya is presented in the table alongside.

Use of Yes Bank MICR code for Moviya branch in moviya

The MICR code 360532006 is used in RBI cheque clearing process to identify the branch Moviya 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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