Yes Bank Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for Yes Bank Rajkot Rajkot Gujarat

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MICR Code	360473003
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	Rajkot Comm Coop Bank Raiya Road
Contact	2452952
Bank Details	Yes Bank Ltd Rajkot Comm Coop Bank Raiya Road YESB0RCC003

Location	Rajkot, Rajkot
City	Rajkot
District	Rajkot
State	Gujarat
Pincode	360007
Country	IN
Address	Indraprastha raiya main road rajkot 360007

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.

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Rajkot Comm Coop Bank Raiya Road (360473003)

How does MICR code 360473003 for Rajkot Comm Coop Bank Raiya Road 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 360473003 of Yes Bank, Rajkot Comm Coop Bank Raiya Road branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Rajkot Comm Coop Bank Raiya Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 37 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Rajkot Comm Coop Bank Raiya Road

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 Rajkot Comm Coop Bank Raiya Road 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. 360473003 is the MICR code of Yes Bank for Rajkot Comm Coop Bank Raiya Road branch. MICR code for Rajkot Comm Coop Bank Raiya Road 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 Rajkot Comm Coop Bank Raiya Road is presented in the table alongside.

Use of Yes Bank MICR code for Rajkot Comm Coop Bank Raiya Road branch in rajkot

The MICR code 360473003 is used in RBI cheque clearing process to identify the branch Rajkot Comm Coop Bank Raiya Road 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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