Yes Bank Ruikar Kolhapur Maharashtra MICR CODE

Find MICR Codes for Yes Bank Ruikar Kolhapur Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ruikar Colony
Contact 91-7045692751
Bank Details Yes Bank Ltd Ruikar Colony YESB0UNTY64
Location Ruikar, Kolhapur
City Ruikar
District Kolhapur
State Maharashtra
Pincode 416005
Country IN
Address Ruikar colony branch,plot no - 135,e,ward,ruikar colony,kolhapur-416 005
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 kolhapur

You can search through MICR Codes of Maharashtra branches in ruikar of District kolhapur in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Yes Bank Ltd are available with micr code -

>>Ruikar Colony

How to find MICR codes for Yes Bank in ruikar?

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

Yes Bank MICR code in ruikar

Yes Bank MICR code is a character recognition technology used by banks in the processing of cheques. Yes Bank MICR code for ruikar 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 ruikar, 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 ruikar 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 ruikar 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 ruikar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Yes Bank MICR codes for ruikar 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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