Yes Bank Ahmedabad Ahmadabad Gujarat MICR CODE

Find MICR Codes for Yes Bank Ahmedabad Ahmadabad 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 United Coop Bank Raipur
Contact Mr. Chawda Jayeshbhai - 079-26791599
Bank Details Yes Bank Ltd The United Coop Bank Raipur YESB0UBL002
Location Ahmedabad, Ahmadabad
City Ahmedabad
District Ahmadabad
State Gujarat
Pincode 380002
Country IN
Address Raipur chakla raipur-380002
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 United Coop Bank Raipur 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 United Coop Bank Raipur branch makes the system almost error free and faster. Use of Yes Bank MICR codes for The United Coop Bank Raipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank The United Coop Bank Raipur

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 United Coop Bank Raipur 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 United Coop Bank Raipur branch. MICR code for The United Coop Bank Raipur 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 United Coop Bank Raipur is presented in the table alongside.

Use of Yes Bank MICR code for The United Coop Bank Raipur branch in ahmedabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch The United Coop Bank Raipur 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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