Yes Bank Ujjain Ujjain Madhya Pradesh MICR CODE

Find MICR Codes for Yes Bank Ujjain Ujjain Madhya Pradesh

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MICR Code	456532101
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	Nagda Madhya Pradesh
Contact	18002000
Bank Details	Yes Bank Ltd Nagda Madhya Pradesh YESB0000750

Location	Ujjain, Ujjain
City	Ujjain
District	Ujjain
State	Madhya Pradesh
Pincode	456335
Country	IN
Address	Gr flr,survey no 605/2,ward no.20,kota phatak,village padlya kalan,nagda,ujjain,mp,456335

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 456532101 for Nagda Madhya Pradesh 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 456532101 of Yes Bank, Nagda Madhya Pradesh branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Nagda Madhya Pradesh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Nagda Madhya Pradesh

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 Nagda Madhya Pradesh 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. 456532101 is the MICR code of Yes Bank for Nagda Madhya Pradesh branch. MICR code for Nagda Madhya Pradesh 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 Nagda Madhya Pradesh is presented in the table alongside.

Use of Yes Bank MICR code for Nagda Madhya Pradesh branch in ujjain

The MICR code 456532101 is used in RBI cheque clearing process to identify the branch Nagda Madhya Pradesh 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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