Yes Bank Nathdwara Rajsamand Rajasthan MICR CODE

Find MICR Codes for Yes Bank Nathdwara Rajsamand Rajasthan

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nathdwara
Contact
Bank Details Yes Bank Ltd Nathdwara YESB0000254
Location Nathdwara, Rajsamand
City Nathdwara
District Rajsamand
State Rajasthan
Pincode 313301
Country IN
Address Ground floor, shop no 10 /11 gokul plaza ,nai sarak, po and tehsil - nathdwara nathdwara rajasthan 313301
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 0 for Nathdwara 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 0 of Yes Bank, Nathdwara branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Nathdwara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Yes Bank Ltd are available with micr code -

>>Nathdwara >>Rajsamand Urban Coop Bank Nathdwara

MICR code for Yes Bank Nathdwara

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 Nathdwara 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. 0 is the MICR code of Yes Bank for Nathdwara branch. MICR code for Nathdwara 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 Nathdwara is presented in the table alongside.

Use of Yes Bank MICR code for Nathdwara branch in nathdwara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nathdwara 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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