Yes Bank Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for Yes Bank Lucknow Lucknow Uttar Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Srinagar
Contact Contactus@yesbank.In
Bank Details Yes Bank Ltd Srinagar YESB0000013
Location Lucknow, Lucknow
City Lucknow
District Lucknow
State Uttar Pradesh
Pincode 190002
Country IN
Address Unit no 1-6, 2nd floor, m.s. Mall site, residency road estate srinagar
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 190532002 for Srinagar 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 190532002 of Yes Bank, Srinagar branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Srinagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Srinagar

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 Srinagar 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. 190532002 is the MICR code of Yes Bank for Srinagar branch. MICR code for Srinagar 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 Srinagar is presented in the table alongside.

Use of Yes Bank MICR code for Srinagar branch in lucknow

The MICR code 190532002 is used in RBI cheque clearing process to identify the branch Srinagar 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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