Yes Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Yes Bank Vadodara Vadodara Gujarat

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MICR Code	390160007
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 Vardhaman Bank Nizampura
Contact	Jayesh Gandhi-0265-2775758
Bank Details	Yes Bank Ltd Shree Vardhaman Bank Nizampura YESB0SVSB05

Location	Vadodara, Vadodara
City	Vadodara
District	Vadodara
State	Gujarat
Pincode	390002
Country	IN
Address	Surya flats opp swaminarayan nagar nizampura vadodara - 390002

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 Vardhaman Bank Nizampura (390160007)

How does MICR code 390160007 for Shree Vardhaman Bank Nizampura 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 390160007 of Yes Bank, Shree Vardhaman Bank Nizampura branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Shree Vardhaman Bank Nizampura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 33 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Shree Vardhaman Bank Nizampura

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 Vardhaman Bank Nizampura 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. 390160007 is the MICR code of Yes Bank for Shree Vardhaman Bank Nizampura branch. MICR code for Shree Vardhaman Bank Nizampura 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 Vardhaman Bank Nizampura is presented in the table alongside.

Use of Yes Bank MICR code for Shree Vardhaman Bank Nizampura branch in vadodara

The MICR code 390160007 is used in RBI cheque clearing process to identify the branch Shree Vardhaman Bank Nizampura 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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