Yes Bank Bhiwapur Nagpur Maharashtra MICR CODE

Find MICR Codes for Yes Bank Bhiwapur 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 Shrikrishna Coop Bank Bhiwapur
Contact Mr Lute - 8600002119
Bank Details Yes Bank Ltd Shrikrishna Coop Bank Bhiwapur YESB0SCB002
Location Bhiwapur, Nagpur
City Bhiwapur
District Nagpur
State Maharashtra
Pincode 441201
Country IN
Address Gawarishankar gupta complex, main road, bhiwapur - 441201
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 440827502 for Shrikrishna Coop Bank Bhiwapur 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 440827502 of Yes Bank, Shrikrishna Coop Bank Bhiwapur branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Shrikrishna Coop Bank Bhiwapur 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 -

>>Shrikrishna Coop Bank Bhiwapur >>Shrikrishna Coop Bank Ltd Bhiwapur

MICR code for Yes Bank Shrikrishna Coop Bank Bhiwapur

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 Shrikrishna Coop Bank Bhiwapur 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. 440827502 is the MICR code of Yes Bank for Shrikrishna Coop Bank Bhiwapur branch. MICR code for Shrikrishna Coop Bank Bhiwapur 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 Shrikrishna Coop Bank Bhiwapur is presented in the table alongside.

Use of Yes Bank MICR code for Shrikrishna Coop Bank Bhiwapur branch in bhiwapur

The MICR code 440827502 is used in RBI cheque clearing process to identify the branch Shrikrishna Coop Bank Bhiwapur 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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