Yes Bank Mandsaur Mandsaur Madhya Pradesh MICR CODE

Find MICR Codes for Yes Bank Mandsaur Mandsaur Madhya Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Smriti Nagrik Sah Bank Mandsaur
Contact Mr. Vithal Das Nagar -07422-405622
Bank Details Yes Bank Ltd Smriti Nagrik Sah Bank Mandsaur YESB0SNSB01
Location Mandsaur, Mandsaur
City Mandsaur
District Mandsaur
State Madhya Pradesh
Pincode 458002
Country IN
Address Gaushala market dayabandir road mandsaur - 458002
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 458832001 for Smriti Nagrik Sah Bank Mandsaur 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 458832001 of Yes Bank, Smriti Nagrik Sah Bank Mandsaur branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Smriti Nagrik Sah Bank Mandsaur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Yes Bank Ltd are available with micr code -

>>Bahadri >>Mandsaur Mp >>Smriti Nagrik Sah Bank Brnahta Marg >>Smriti Nagrik Sah Bank Mandsaur

MICR code for Yes Bank Smriti Nagrik Sah Bank Mandsaur

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 Smriti Nagrik Sah Bank Mandsaur 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. 458832001 is the MICR code of Yes Bank for Smriti Nagrik Sah Bank Mandsaur branch. MICR code for Smriti Nagrik Sah Bank Mandsaur 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 Smriti Nagrik Sah Bank Mandsaur is presented in the table alongside.

Use of Yes Bank MICR code for Smriti Nagrik Sah Bank Mandsaur branch in mandsaur

The MICR code 458832001 is used in RBI cheque clearing process to identify the branch Smriti Nagrik Sah Bank Mandsaur 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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