Yes Bank Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Yes Bank Ahmedabad Ahmedabad Gujarat

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Cooperative Bank Of Rajkot Ltd Maninagar Branch
Contact 79-25462566
Bank Details Yes Bank Ltd The Cooperative Bank Of Rajkot Ltd Maninagar Branch YESB0RAJ013
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 380008
Country IN
Address 2,mihir tower, uttam nagar ,opp bus stop,ahmedabad-380008.
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 The Cooperative Bank Of Rajkot Ltd Maninagar Branch 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, The Cooperative Bank Of Rajkot Ltd Maninagar Branch branch makes the system almost error free and faster. Use of Yes Bank MICR codes for The Cooperative Bank Of Rajkot Ltd Maninagar Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank The Cooperative Bank Of Rajkot Ltd Maninagar Branch

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 The Cooperative Bank Of Rajkot Ltd Maninagar Branch 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 The Cooperative Bank Of Rajkot Ltd Maninagar Branch branch. MICR code for The Cooperative Bank Of Rajkot Ltd Maninagar Branch 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 The Cooperative Bank Of Rajkot Ltd Maninagar Branch is presented in the table alongside.

Use of Yes Bank MICR code for The Cooperative Bank Of Rajkot Ltd Maninagar Branch branch in ahmedabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Cooperative Bank Of Rajkot Ltd Maninagar Branch 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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