Yes Bank Ghaziabad Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for Yes Bank Ghaziabad Ghaziabad Uttar Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vaishali
Contact 4879552
Bank Details Yes Bank Ltd Vaishali YESB0000470
Location Ghaziabad, Ghaziabad
City Ghaziabad
District Ghaziabad
State Uttar Pradesh
Pincode 201012
Country IN
Address Ground floor, ground floor-1 mahalaxmi plaza, plot no vc-2, sector-3, vaishali uttar pradesh 201012
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 110532115 for Vaishali 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 110532115 of Yes Bank, Vaishali branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Vaishali branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Vaishali

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 Vaishali 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. 110532115 is the MICR code of Yes Bank for Vaishali branch. MICR code for Vaishali 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 Vaishali is presented in the table alongside.

Use of Yes Bank MICR code for Vaishali branch in ghaziabad

The MICR code 110532115 is used in RBI cheque clearing process to identify the branch Vaishali 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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