Yes Bank Jalna Jalna Maharashtra MICR CODE

Find MICR Codes for Yes Bank Jalna Jalna Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vaijapur Merchants Bank Jalna
Contact Mr. M. V. Shah - 02482 233145,231017
Bank Details Yes Bank Ltd Vaijapur Merchants Bank Jalna YESB0VMCB10
Location Jalna, Jalna
City Jalna
District Jalna
State Maharashtra
Pincode 431203
Country IN
Address Lal ratan, mahavir chowk, jalna - 431203
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 431814052 for Vaijapur Merchants Bank Jalna 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 431814052 of Yes Bank, Vaijapur Merchants Bank Jalna branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Vaijapur Merchants Bank Jalna branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Vaijapur Merchants Bank Jalna

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 Vaijapur Merchants Bank Jalna 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. 431814052 is the MICR code of Yes Bank for Vaijapur Merchants Bank Jalna branch. MICR code for Vaijapur Merchants Bank Jalna 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 Vaijapur Merchants Bank Jalna is presented in the table alongside.

Use of Yes Bank MICR code for Vaijapur Merchants Bank Jalna branch in jalna

The MICR code 431814052 is used in RBI cheque clearing process to identify the branch Vaijapur Merchants Bank Jalna 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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