Yes Bank Wagholi Osmanabad Maharashtra MICR CODE

Find MICR Codes for Yes Bank Wagholi 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 Wagholi
Contact 7774043472
Bank Details Yes Bank Ltd Osmanabad Dcc Wagholi YESB0DCC077
Location Wagholi, Osmanabad
City Wagholi
District Osmanabad
State Maharashtra
Pincode 413505
Country IN
Address At post wagholi ( g),osmanabad-413505
MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Osmanabad Dcc Wagholi
Contact 7774043399
Bank Details Yes Bank Ltd Osmanabad Dcc Wagholi YESB0DCC076
Location Wagholi, Osmanabad
City Wagholi
District Osmanabad
State Maharashtra
Pincode 413501
Country IN
Address At post wagholi ( w),osmanabad-413501
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 Wagholi 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 Wagholi branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Osmanabad Dcc Wagholi 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 Wagholi >>Osmanabad Dcc Wagholi

MICR code for Yes Bank Osmanabad Dcc Wagholi

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

Use of Yes Bank MICR code for Osmanabad Dcc Wagholi branch in wagholi

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