Yes Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Yes Bank Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sree Anjaneya Coop Bank Ltd Basaveshwarnagar
Contact 23222050
Bank Details Yes Bank Ltd Sree Anjaneya Coop Bank Ltd Basaveshwarnagar YESB0SAC003
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560079
Country IN
Address 161/174, 2nd block, 3rd stage, saneguruvanahalli, basaveshwara nagar, bangalore 560079
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 560226317 for Sree Anjaneya Coop Bank Ltd Basaveshwarnagar 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 560226317 of Yes Bank, Sree Anjaneya Coop Bank Ltd Basaveshwarnagar branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Sree Anjaneya Coop Bank Ltd Basaveshwarnagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Sree Anjaneya Coop Bank Ltd Basaveshwarnagar

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 Sree Anjaneya Coop Bank Ltd Basaveshwarnagar 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. 560226317 is the MICR code of Yes Bank for Sree Anjaneya Coop Bank Ltd Basaveshwarnagar branch. MICR code for Sree Anjaneya Coop Bank Ltd Basaveshwarnagar 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 Sree Anjaneya Coop Bank Ltd Basaveshwarnagar is presented in the table alongside.

Use of Yes Bank MICR code for Sree Anjaneya Coop Bank Ltd Basaveshwarnagar branch in bangalore

The MICR code 560226317 is used in RBI cheque clearing process to identify the branch Sree Anjaneya Coop Bank Ltd Basaveshwarnagar 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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