Yes Bank Ojhar Nasik Maharashtra MICR CODE

Find MICR Codes for Yes Bank Ojhar Nasik Maharashtra

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MICR Code	422809501
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	Ojhar Merchants Bank Main
Contact	275023
Bank Details	Yes Bank Ltd Ojhar Merchants Bank Main YESB0OMCB01

Location	Ojhar, Nasik
City	Ojhar
District	Nasik
State	Maharashtra
Pincode	422206
Country	IN
Address	Tambat lane ojhar taluka niphad nashik 422206

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 422809501 for Ojhar Merchants Bank Main 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 422809501 of Yes Bank, Ojhar Merchants Bank Main branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Ojhar Merchants Bank Main 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 -

>>Ojhar >>Ojhar Merchants Bank Main

MICR code for Yes Bank Ojhar Merchants Bank Main

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 Ojhar Merchants Bank Main 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. 422809501 is the MICR code of Yes Bank for Ojhar Merchants Bank Main branch. MICR code for Ojhar Merchants Bank Main 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 Ojhar Merchants Bank Main is presented in the table alongside.

Use of Yes Bank MICR code for Ojhar Merchants Bank Main branch in ojhar

The MICR code 422809501 is used in RBI cheque clearing process to identify the branch Ojhar Merchants Bank Main 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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