Yes Bank Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Yes Bank Noida Gautam Buddha Nagar Uttar Pradesh

↻ Reload
MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector Fifty Noida
Contact 4845730
Bank Details Yes Bank Ltd Sector Fifty Noida YESB0000701
Location Noida, Gautam Buddha Nagar
City Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201301
Country IN
Address Ground and first floor,plot no b 1/68,sector-50,noida,uttar pradesh,pin 201301
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 Sector Fifty Noida 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, Sector Fifty Noida branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Sector Fifty Noida branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Sector Fifty Noida

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 Sector Fifty Noida 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 Sector Fifty Noida branch. MICR code for Sector Fifty Noida 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 Sector Fifty Noida is presented in the table alongside.

Use of Yes Bank MICR code for Sector Fifty Noida branch in noida

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sector Fifty Noida 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.

Copied!