Yes Bank Solapur Akluj Maharashtra MICR CODE

Find MICR Codes for Yes Bank Solapur Akluj Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sadguru Gahininath Urban Coop Bank Akluj
Contact 2185-223773
Bank Details Yes Bank Ltd Sadguru Gahininath Urban Coop Bank Akluj YESB0SGUCB1
Location Solapur, Akluj
City Solapur
District Akluj
State Maharashtra
Pincode 413101
Country IN
Address Bhagwan mahavir path, near post office, akluj - 413101
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 Sadguru Gahininath Urban Coop Bank Akluj 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, Sadguru Gahininath Urban Coop Bank Akluj branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Sadguru Gahininath Urban Coop Bank Akluj 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 -

>>Sadguru Gahininath Urban Coop Bank Akluj

MICR code for Yes Bank Sadguru Gahininath Urban Coop Bank Akluj

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 Sadguru Gahininath Urban Coop Bank Akluj 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 Sadguru Gahininath Urban Coop Bank Akluj branch. MICR code for Sadguru Gahininath Urban Coop Bank Akluj 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 Sadguru Gahininath Urban Coop Bank Akluj is presented in the table alongside.

Use of Yes Bank MICR code for Sadguru Gahininath Urban Coop Bank Akluj branch in solapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sadguru Gahininath Urban Coop Bank Akluj 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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