Yes Bank Chhindwara Chhindwara Madhya Pradesh MICR CODE

Find MICR Codes for Yes Bank Chhindwara Chhindwara Madhya Pradesh

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MICR Code	480532505
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	Umreth Chindwara
Contact	18002000
Bank Details	Yes Bank Ltd Umreth Chindwara YESB0000818

Location	Chhindwara, Chhindwara
City	Chhindwara
District	Chhindwara
State	Madhya Pradesh
Pincode	480001
Country	IN
Address	Gr flr,kh.no.665/2,p.h.no.5,mouza umreth,tehsil parasia,chindwara,madhya pradesh,480441

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 480532505 for Umreth Chindwara 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 480532505 of Yes Bank, Umreth Chindwara branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Umreth Chindwara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Yes Bank Ltd are available with micr code -

>>Badgaon Madhya Pradesh >>Berdi >>Bisapur Kala Chhindwara >>Chand Chhindwara >>Chhindwada Mp >>Eklehra Chhindwara >>Khairitaygaon Madhya Pradesh >>Newton Chikli Chhindwara >>Pagara Chhindwara >>Pandurna Chindwara >>Panjra >>Sausar Chindwara >>Ubhegaon >>Umreth Chindwara

MICR code for Yes Bank Umreth Chindwara

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 Umreth Chindwara 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. 480532505 is the MICR code of Yes Bank for Umreth Chindwara branch. MICR code for Umreth Chindwara 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 Umreth Chindwara is presented in the table alongside.

Use of Yes Bank MICR code for Umreth Chindwara branch in chhindwara

The MICR code 480532505 is used in RBI cheque clearing process to identify the branch Umreth Chindwara 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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