Yes Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Yes Bank Bhopal Bhopal 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 Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus
Contact 755-755255965
Bank Details Yes Bank Ltd Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus YESB0SSSNS2
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode 462026
Country IN
Address Rkdf medical college, jatkhedi nh-12, hoshangabd road, bhopal 462026
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 0 for Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus 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 0 of Yes Bank, Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus

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 Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus 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. 0 is the MICR code of Yes Bank for Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus branch. MICR code for Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus 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 Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus is presented in the table alongside.

Use of Yes Bank MICR code for Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus branch in bhopal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sri Satya Sai Nagrik Sahakari Bank Mydt Rkdf Campus 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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