Yes Bank Sinnar Nasik Maharashtra MICR CODE

Find MICR Codes for Yes Bank Sinnar Nasik Maharashtra

↻ Reload
MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ojhar Merchants Bank Sinnhar
Contact 221023
Bank Details Yes Bank Ltd Ojhar Merchants Bank Sinnhar YESB0OMCB09
Location Sinnar, Nasik
City Sinnar
District Nasik
State Maharashtra
Pincode 422103
Country IN
Address Kubel bldg mahalaxmi road sihhar 422103
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 422809003 for Ojhar Merchants Bank Sinnhar 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 422809003 of Yes Bank, Ojhar Merchants Bank Sinnhar branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Ojhar Merchants Bank Sinnhar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Yes Bank Ltd are available with micr code -

>>Nashik Rd Deolali Bank Sinnar >>Ojhar Merchants Bank Sinnhar >>Sinnar

MICR code for Yes Bank Ojhar Merchants Bank Sinnhar

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 Sinnhar 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. 422809003 is the MICR code of Yes Bank for Ojhar Merchants Bank Sinnhar branch. MICR code for Ojhar Merchants Bank Sinnhar 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 Sinnhar is presented in the table alongside.

Use of Yes Bank MICR code for Ojhar Merchants Bank Sinnhar branch in sinnar

The MICR code 422809003 is used in RBI cheque clearing process to identify the branch Ojhar Merchants Bank Sinnhar 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.

Copied!