Yes Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Yes Bank Nagpur Nagpur 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 Nagpur
Contact 2295995
Bank Details Yes Bank Ltd Shri Anand Nagari Sahakari Bank Nagpur YESB0SANB05
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440015
Country IN
Address Opp. Rajiv nagar bus stop, wardha road, somalwada, nagpur  440015
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 440809002 for Shri Anand Nagari Sahakari Bank Nagpur 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 440809002 of Yes Bank, Shri Anand Nagari Sahakari Bank Nagpur branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Shri Anand Nagari Sahakari Bank Nagpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 58 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Shri Anand Nagari Sahakari Bank Nagpur

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 Nagpur 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. 440809002 is the MICR code of Yes Bank for Shri Anand Nagari Sahakari Bank Nagpur branch. MICR code for Shri Anand Nagari Sahakari Bank Nagpur 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 Nagpur is presented in the table alongside.

Use of Yes Bank MICR code for Shri Anand Nagari Sahakari Bank Nagpur branch in nagpur

The MICR code 440809002 is used in RBI cheque clearing process to identify the branch Shri Anand Nagari Sahakari Bank Nagpur 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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