Yes Bank Jaferabad Jalna Maharashtra MICR CODE

Find MICR Codes for Yes Bank Jaferabad Jalna 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 Gajanan Maharaj Ucb Jafrabad
Contact 244445
Bank Details Yes Bank Ltd Shri Gajanan Maharaj Ucb Jafrabad YESB0GMUB03
Location Jaferabad, Jalna
City Jaferabad
District Jalna
State Maharashtra
Pincode 431206
Country IN
Address Aktyadjafabad431206
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 431802503 for Shri Gajanan Maharaj Ucb Jafrabad 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 431802503 of Yes Bank, Shri Gajanan Maharaj Ucb Jafrabad branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Shri Gajanan Maharaj Ucb Jafrabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Yes Bank Ltd are available with micr code -

>>Chikhli Urban Coop Bank Jafrabad >>Shri Gajanan Maharaj Ucb Jafrabad

MICR code for Yes Bank Shri Gajanan Maharaj Ucb Jafrabad

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 Gajanan Maharaj Ucb Jafrabad 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. 431802503 is the MICR code of Yes Bank for Shri Gajanan Maharaj Ucb Jafrabad branch. MICR code for Shri Gajanan Maharaj Ucb Jafrabad 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 Gajanan Maharaj Ucb Jafrabad is presented in the table alongside.

Use of Yes Bank MICR code for Shri Gajanan Maharaj Ucb Jafrabad branch in jaferabad

The MICR code 431802503 is used in RBI cheque clearing process to identify the branch Shri Gajanan Maharaj Ucb Jafrabad 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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