Yes Bank Murum Osmanabad Maharashtra MICR CODE

Find MICR Codes for Yes Bank Murum Osmanabad Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Osmanabad Dcc Murum
Contact 7774043422
Bank Details Yes Bank Ltd Osmanabad Dcc Murum YESB0DCC020
Location Murum, Osmanabad
City Murum
District Osmanabad
State Maharashtra
Pincode 413605
Country IN
Address At post murum,osmanabad-413605
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 Osmanabad Dcc Murum 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, Osmanabad Dcc Murum branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Osmanabad Dcc Murum branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Yes Bank Ltd are available with micr code -

>>Osmanabad Dcc Murum

MICR code for Yes Bank Osmanabad Dcc Murum

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 Osmanabad Dcc Murum 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 Osmanabad Dcc Murum branch. MICR code for Osmanabad Dcc Murum 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 Osmanabad Dcc Murum is presented in the table alongside.

Use of Yes Bank MICR code for Osmanabad Dcc Murum branch in murum

The MICR code 0 is used in RBI cheque clearing process to identify the branch Osmanabad Dcc Murum 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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