Yes Bank Siolim North Goa Goa MICR CODE

Find MICR Codes for Yes Bank Siolim North Goa Goa

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MICR Code	403415062
Bank	Yes Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	The Goa Scb Siolim
Contact	2437656
Bank Details	Yes Bank Ltd The Goa Scb Siolim YESB0GSCB77

Location	Siolim, North Goa
City	Siolim
District	North Goa
State	Goa
Pincode	403517
Country	IN
Address	Shop1 gr floor adj to bsnl off siolim goa 403517

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 403415062 for The Goa Scb Siolim 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 403415062 of Yes Bank, The Goa Scb Siolim branch makes the system almost error free and faster. Use of Yes Bank MICR codes for The Goa Scb Siolim 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 Goa Scb Siolim

MICR code for Yes Bank The Goa Scb Siolim

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 Goa Scb Siolim 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. 403415062 is the MICR code of Yes Bank for The Goa Scb Siolim branch. MICR code for The Goa Scb Siolim 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 Goa Scb Siolim is presented in the table alongside.

Use of Yes Bank MICR code for The Goa Scb Siolim branch in siolim

The MICR code 403415062 is used in RBI cheque clearing process to identify the branch The Goa Scb Siolim 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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