Yes Bank Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for Yes Bank Rajkot Rajkot Gujarat

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MICR Code	360442005
Bank	Yes Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shree Dharati Coop Bank Panchvati
Contact	Branch Manager 02812432500
Bank Details	Yes Bank Ltd Shree Dharati Coop Bank Panchvati YESB0SDB005

Location	Rajkot, Rajkot
City	Rajkot
District	Rajkot
State	Gujarat
Pincode	360002
Country	IN
Address	Prerna complex, panchvati society main road, (amin marg), rajkot - 360002

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.

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Shree Dharati Coop Bank Panchvati (360442005)

How does MICR code 360442005 for Shree Dharati Coop Bank Panchvati 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 360442005 of Yes Bank, Shree Dharati Coop Bank Panchvati branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Shree Dharati Coop Bank Panchvati branch, makes the characters readable even if there are other marks and stamps on it.

A total of 37 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Shree Dharati Coop Bank Panchvati

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 Shree Dharati Coop Bank Panchvati 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. 360442005 is the MICR code of Yes Bank for Shree Dharati Coop Bank Panchvati branch. MICR code for Shree Dharati Coop Bank Panchvati 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 Shree Dharati Coop Bank Panchvati is presented in the table alongside.

Use of Yes Bank MICR code for Shree Dharati Coop Bank Panchvati branch in rajkot

The MICR code 360442005 is used in RBI cheque clearing process to identify the branch Shree Dharati Coop Bank Panchvati 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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