Yes Bank Chandrapur Chandrapur Maharashtra MICR CODE

Find MICR Codes for Yes Bank Chandrapur Chandrapur Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shri Anand Nagari Sahakari Bank Ext Counter
Contact 257068
Bank Details Yes Bank Ltd Shri Anand Nagari Sahakari Bank Ext Counter YESB0SANB02
Location Chandrapur, Chandrapur
City Chandrapur
District Chandrapur
State Maharashtra
Pincode 442402
Country IN
Address Extension counter, janata mahavidyalaya, nagpur road, civil lines, chandrapur - 442401
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 442809103 for Shri Anand Nagari Sahakari Bank Ext Counter 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 442809103 of Yes Bank, Shri Anand Nagari Sahakari Bank Ext Counter branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Shri Anand Nagari Sahakari Bank Ext Counter branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Shri Anand Nagari Sahakari Bank Ext Counter

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 Shri Anand Nagari Sahakari Bank Ext Counter 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. 442809103 is the MICR code of Yes Bank for Shri Anand Nagari Sahakari Bank Ext Counter branch. MICR code for Shri Anand Nagari Sahakari Bank Ext Counter 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 Shri Anand Nagari Sahakari Bank Ext Counter is presented in the table alongside.

Use of Yes Bank MICR code for Shri Anand Nagari Sahakari Bank Ext Counter branch in chandrapur

The MICR code 442809103 is used in RBI cheque clearing process to identify the branch Shri Anand Nagari Sahakari Bank Ext Counter 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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