Yes Bank Pathrud Osmanabad Maharashtra MICR CODE

Find MICR Codes for Yes Bank Pathrud 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 Pathrood
Contact 7774043484
Bank Details Yes Bank Ltd Osmanabad Dcc Pathrood YESB0DCC070
Location Pathrud, Osmanabad
City Pathrud
District Osmanabad
State Maharashtra
Pincode 413504
Country IN
Address At post pathrud osmanabad-413504
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 Pathrood 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 Pathrood branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Osmanabad Dcc Pathrood 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 -

>>Osmanabad Dcc Pathrood >>Osmanabad Dcc Walwad

MICR code for Yes Bank Osmanabad Dcc Pathrood

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

Use of Yes Bank MICR code for Osmanabad Dcc Pathrood branch in pathrud

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