Yes Bank Sangli Sangli Maharashtra MICR CODE

Find MICR Codes for Yes Bank Sangli Sangli Maharashtra

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MICR Code	416532513
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	Phalke Wadi Maharashtra
Contact	18002000
Bank Details	Yes Bank Ltd Phalke Wadi Maharashtra YESB0000908

Location	Sangli, Sangli
City	Sangli
District	Sangli
State	Maharashtra
Pincode	416301
Country	IN
Address	Gr flr, survey no 115 2, a p falkewadi, tal.walva, dist.sangli, maharashtra, 416301

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 416532513 for Phalke Wadi Maharashtra 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 416532513 of Yes Bank, Phalke Wadi Maharashtra branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Phalke Wadi Maharashtra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Yes Bank Ltd are available with micr code -

>>Hingangaon Bk Sangli >>Phalke Wadi Maharashtra >>The Islampur Urban Co Op Bank Ltd >>Vishram Baug Sangli >>Vita Sangli >>Washi Sangli

MICR code for Yes Bank Phalke Wadi Maharashtra

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 Phalke Wadi Maharashtra 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. 416532513 is the MICR code of Yes Bank for Phalke Wadi Maharashtra branch. MICR code for Phalke Wadi Maharashtra 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 Phalke Wadi Maharashtra is presented in the table alongside.

Use of Yes Bank MICR code for Phalke Wadi Maharashtra branch in sangli

The MICR code 416532513 is used in RBI cheque clearing process to identify the branch Phalke Wadi Maharashtra 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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