Yes Bank Sindhanur Raichur Karnataka MICR CODE

Find MICR Codes for Yes Bank Sindhanur Raichur Karnataka

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sindhanur Karnataka
Contact 230161
Bank Details Yes Bank Ltd Sindhanur Karnataka YESB0000756
Location Sindhanur, Raichur
City Sindhanur
District Raichur
State Karnataka
Pincode 584132
Country IN
Address Gf, pa no.6 1 1715 / 7b, pid no.32 2 20, venkateshwara nagar, sindhanur, raichur, karnataka, 584132
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 584532202 for Sindhanur Karnataka 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 584532202 of Yes Bank, Sindhanur Karnataka branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Sindhanur Karnataka branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Yes Bank Ltd are available with micr code -

>>Sindhanur Karnataka

MICR code for Yes Bank Sindhanur Karnataka

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 Sindhanur Karnataka 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. 584532202 is the MICR code of Yes Bank for Sindhanur Karnataka branch. MICR code for Sindhanur Karnataka 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 Sindhanur Karnataka is presented in the table alongside.

Use of Yes Bank MICR code for Sindhanur Karnataka branch in sindhanur

The MICR code 584532202 is used in RBI cheque clearing process to identify the branch Sindhanur Karnataka 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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