Yes Bank Rp Road Secunderabad2 Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Rp Road Secunderabad2 Hyderabad Andhra Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rp Road Secunderabad2
Contact Prashanth Sirdesai, 09849636671
Bank Details Yes Bank Ltd Rp Road Secunderabad2 YESB0000413
Location Rp Road Secunderabad2, Hyderabad
City Rp Road Secunderabad2
District Hyderabad
State Andhra Pradesh
Pincode 500003
Country IN
Address Ground and first floor, h. No. 7-2-619 & 620, (old no. 2541), r. P. Road, secunderabad – 500003, andhra pradesh
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 Rp Road Secunderabad2 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, Rp Road Secunderabad2 branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Rp Road Secunderabad2 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 -

>>Rp Road Secunderabad2

MICR code for Yes Bank Rp Road Secunderabad2

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 Rp Road Secunderabad2 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 Rp Road Secunderabad2 branch. MICR code for Rp Road Secunderabad2 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 Rp Road Secunderabad2 is presented in the table alongside.

Use of Yes Bank MICR code for Rp Road Secunderabad2 branch in rp road secunderabad2

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rp Road Secunderabad2 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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