Yes Bank Ujjain Ujjain Madhya Pradesh MICR CODE

Find MICR Codes for Yes Bank Ujjain Ujjain Madhya Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ujjain Paraspar Sah Bank Dewas Gate
Contact Mr. S N Somani-9827648464
Bank Details Yes Bank Ltd Ujjain Paraspar Sah Bank Dewas Gate YESB0UPSBL1
Location Ujjain, Ujjain
City Ujjain
District Ujjain
State Madhya Pradesh
Pincode 456010
Country IN
Address 179, maharani laxmibai marg,dewas gate, ujjain - 456010
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 456536002 for Ujjain Paraspar Sah Bank Dewas Gate 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 456536002 of Yes Bank, Ujjain Paraspar Sah Bank Dewas Gate branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Ujjain Paraspar Sah Bank Dewas Gate branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Ujjain Paraspar Sah Bank Dewas Gate

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 Ujjain Paraspar Sah Bank Dewas Gate 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. 456536002 is the MICR code of Yes Bank for Ujjain Paraspar Sah Bank Dewas Gate branch. MICR code for Ujjain Paraspar Sah Bank Dewas Gate 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 Ujjain Paraspar Sah Bank Dewas Gate is presented in the table alongside.

Use of Yes Bank MICR code for Ujjain Paraspar Sah Bank Dewas Gate branch in ujjain

The MICR code 456536002 is used in RBI cheque clearing process to identify the branch Ujjain Paraspar Sah Bank Dewas Gate 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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