Yes Bank Raichur Manvi Karnataka MICR CODE

Find MICR Codes for Yes Bank Raichur Manvi Karnataka

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MICR Code	584532003
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	Neermanvi Karnataka
Contact	18002000
Bank Details	Yes Bank Ltd Neermanvi Karnataka YESB0000889

Location	Raichur, Manvi
City	Raichur
District	Manvi
State	Karnataka
Pincode	584118
Country	IN
Address	Gr flr, no.4/400, shree sugureshwara nilaya, sindhanur rd, neermanvi, manvi, raichur, ka, 584118

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 584532003 for Neermanvi Karnataka 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 584532003 of Yes Bank, Neermanvi Karnataka branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Neermanvi Karnataka 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 -

>>Amareshwara Camp Karnataka >>Neermanvi Karnataka

MICR code for Yes Bank Neermanvi Karnataka

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 Neermanvi Karnataka 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. 584532003 is the MICR code of Yes Bank for Neermanvi Karnataka branch. MICR code for Neermanvi Karnataka 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 Neermanvi Karnataka is presented in the table alongside.

Use of Yes Bank MICR code for Neermanvi Karnataka branch in raichur

The MICR code 584532003 is used in RBI cheque clearing process to identify the branch Neermanvi Karnataka 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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