Yes Bank Alwar Alwar Rajasthan MICR CODE

Find MICR Codes for Yes Bank Alwar Alwar Rajasthan

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajgarh Rajasthan
Contact 18002000
Bank Details Yes Bank Ltd Rajgarh Rajasthan YESB0000675
Location Alwar, Alwar
City Alwar
District Alwar
State Rajasthan
Pincode 301408
Country IN
Address Plot no 1,opp railway station,sri narayan colony,rajgarh alwar,rajasthan,pin - 301408
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 301532005 for Rajgarh Rajasthan 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 301532005 of Yes Bank, Rajgarh Rajasthan branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Rajgarh Rajasthan branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Rajgarh Rajasthan

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 Rajgarh Rajasthan 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. 301532005 is the MICR code of Yes Bank for Rajgarh Rajasthan branch. MICR code for Rajgarh Rajasthan 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 Rajgarh Rajasthan is presented in the table alongside.

Use of Yes Bank MICR code for Rajgarh Rajasthan branch in alwar

The MICR code 301532005 is used in RBI cheque clearing process to identify the branch Rajgarh Rajasthan 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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