Yes Bank Ratnagiri Ratnagiri Maharashtra MICR CODE

Find MICR Codes for Yes Bank Ratnagiri Ratnagiri Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratnagiri
Contact
Bank Details Yes Bank Ltd Ratnagiri YESB0001138
Location Ratnagiri, Ratnagiri
City Ratnagiri
District Ratnagiri
State Maharashtra
Pincode 415612
Country IN
Address Shop 1 to 4, parnika empire, n. A. Salvi link road, arogya mandir, shivaji nagar, ratnagiri, maharashtra, pin 415 612
MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratnagiri
Contact 91-9271792271
Bank Details Yes Bank Ltd Ratnagiri YESB0UNTY83
Location Ratnagiri, Ratnagiri
City Ratnagiri
District Ratnagiri
State Maharashtra
Pincode 415612
Country IN
Address Ground floor,shop no.12 to 14,venkatesh executive,maruti mandir chowk,village - mouje,nachane taluka,ratnagiri - 415 612
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 Ratnagiri 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, Ratnagiri branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Ratnagiri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Yes Bank Ltd are available with micr code -

>>Ratnagiri >>Ratnagiri >>Ratnagiri District Central Cooperative Bank Ltd >>Ratnagiri Urban Cooperative Bank Ltd

MICR code for Yes Bank Ratnagiri

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 Ratnagiri 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 Ratnagiri branch. MICR code for Ratnagiri 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 Ratnagiri is presented in the table alongside.

Use of Yes Bank MICR code for Ratnagiri branch in ratnagiri

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