Yes Bank Nagad Aurangabad Maharashtra MICR CODE

Find MICR Codes for Yes Bank Nagad Aurangabad Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aurangabad Dcc Bank Nagad
Contact Branch Manager-02435-229035
Bank Details Yes Bank Ltd Aurangabad Dcc Bank Nagad YESB0AUR074
Location Nagad, Aurangabad
City Nagad
District Aurangabad
State Maharashtra
Pincode 431103
Country IN
Address At post nagad ta kannad dist aurangabad-431103
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 aurangabad

You can search through MICR Codes of Maharashtra branches in nagad of District aurangabad 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 -

>>Aurangabad Dcc Bank Nagad

How to find MICR codes for Yes Bank in nagad?

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

Yes Bank MICR code in nagad

Yes Bank MICR code is a character recognition technology used by banks in the processing of cheques. Yes Bank MICR code for nagad 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 nagad, 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 nagad 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 nagad 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 nagad branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Yes Bank MICR codes for nagad 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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