Yes Bank Ratlam Ratlam Madhya Pradesh MICR CODE

Find MICR Codes for Yes Bank Ratlam Ratlam Madhya Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratlam Mp
Contact 18002000
Bank Details Yes Bank Ltd Ratlam Mp YESB0001004
Location Ratlam, Ratlam
City Ratlam
District Ratlam
State Madhya Pradesh
Pincode 457001
Country IN
Address House no. 27/126/109 , station road, ratlam , mp - 457001
MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sejawata
Contact 18002000
Bank Details Yes Bank Ltd Sejawata YESB0001147
Location Ratlam, Ratlam
City Ratlam
District Ratlam
State Madhya Pradesh
Pincode 457226
Country IN
Address Ground floor, house no.10, village sejawat, tehsil ratlam, dist. Ratlam, mp- 457002
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.

Search Yes Bank MICR Codes in ratlam

You can search through MICR Codes of Madhya Pradesh branches in ratlam of District ratlam in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Yes Bank Ltd are available with micr code -

>>Ratlam Mp >>Sejawata

How to find MICR codes for Yes Bank in ratlam?

Yes Bank ratlam MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Yes Bank MICR codes list for ratlam, one can further search by branch name specified in the table. You can find MICR codes for all Yes Bank ratlam branches.

Yes Bank MICR code in ratlam

Yes Bank MICR code is a character recognition technology used by banks in the processing of cheques. Yes Bank MICR code for ratlam branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Yes Bank branches in ratlam, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Yes Bank MICR code for ratlam branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Yes Bank ratlam branch, sprinted 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. Thus MICR code for Yes Bank ratlam branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Yes Bank MICR codes for ratlam branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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