Yes Bank Nasik Ghoti Maharashtra MICR CODE

Find MICR Codes for Yes Bank Nasik Ghoti Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Ghoti Merchants Coop Bank Ltd
Contact 2553-220563
Bank Details Yes Bank Ltd The Ghoti Merchants Coop Bank Ltd YESB0GHOTI1
Location Nasik, Ghoti
City Nasik
District Ghoti
State Maharashtra
Pincode 422402
Country IN
Address Ho- bhagavardini, old agra road, a/p ghoti, tal igatpuri, dist nashik 422402
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 ghoti

You can search through MICR Codes of Maharashtra branches in nasik of District ghoti 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 -

>>The Ghoti Merchants Coop Bank Ltd

How to find MICR codes for Yes Bank in nasik?

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

Yes Bank MICR code in nasik

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