Yes Bank Macherla Guntur Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Macherla Guntur Andhra Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Eluri Coop Urban Bank Macherla
Contact 225559
Bank Details Yes Bank Ltd The Eluri Coop Urban Bank Macherla YESB0ECUB04
Location Macherla, Guntur
City Macherla
District Guntur
State Andhra Pradesh
Pincode 522002
Country IN
Address D.no 13-2-170/21,palanadu college complex,macherla 522426
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 522634702 for The Eluri Coop Urban Bank Macherla 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 522634702 of Yes Bank, The Eluri Coop Urban Bank Macherla branch makes the system almost error free and faster. Use of Yes Bank MICR codes for The Eluri Coop Urban Bank Macherla branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Yes Bank Ltd are available with micr code -

>>The Eluri Coop Urban Bank Macherla

MICR code for Yes Bank The Eluri Coop Urban Bank Macherla

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 Eluri Coop Urban Bank Macherla 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. 522634702 is the MICR code of Yes Bank for The Eluri Coop Urban Bank Macherla branch. MICR code for The Eluri Coop Urban Bank Macherla 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 Eluri Coop Urban Bank Macherla is presented in the table alongside.

Use of Yes Bank MICR code for The Eluri Coop Urban Bank Macherla branch in macherla

The MICR code 522634702 is used in RBI cheque clearing process to identify the branch The Eluri Coop Urban Bank Macherla 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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