Yes Bank Nashik Pimpalgaon Baswant Maharashtra MICR CODE

Find MICR Codes for Yes Bank Nashik Pimpalgaon Baswant Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pimpalgaon Baswant
Contact 2119-18001200
Bank Details Yes Bank Ltd Pimpalgaon Baswant YESB0001270
Location Nashik, Pimpalgaon Baswant
City Nashik
District Pimpalgaon Baswant
State Maharashtra
Pincode 422209
Country IN
Address Ground floor, shop nos. 23 & 24, bhandari plaza, survey no. 547/6 plot no.9. Mumbai agra highway, pimpalgaon baswant, taluka - niphad, maharashtra - 422209
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 Pimpalgaon Baswant 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, Pimpalgaon Baswant branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Pimpalgaon Baswant 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 -

>>Pimpalgaon Baswant

MICR code for Yes Bank Pimpalgaon Baswant

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 Pimpalgaon Baswant 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 Pimpalgaon Baswant branch. MICR code for Pimpalgaon Baswant 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 Pimpalgaon Baswant is presented in the table alongside.

Use of Yes Bank MICR code for Pimpalgaon Baswant branch in nashik

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pimpalgaon Baswant 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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