Yes Bank Hinganghat Wardha Maharashtra MICR CODE

Find MICR Codes for Yes Bank Hinganghat Wardha Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vidarbha Merchants Ucb Hinganghat
Contact Branch Manager - 07153-247081
Bank Details Yes Bank Ltd Vidarbha Merchants Ucb Hinganghat YESB0VMUB01
Location Hinganghat, Wardha
City Hinganghat
District Wardha
State Maharashtra
Pincode 442301
Country IN
Address Mohata complex, main road, hinganghat - 442301
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 442879000 for Vidarbha Merchants Ucb Hinganghat 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 442879000 of Yes Bank, Vidarbha Merchants Ucb Hinganghat branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Vidarbha Merchants Ucb Hinganghat branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Vidarbha Merchants Ucb Hinganghat

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 Vidarbha Merchants Ucb Hinganghat 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. 442879000 is the MICR code of Yes Bank for Vidarbha Merchants Ucb Hinganghat branch. MICR code for Vidarbha Merchants Ucb Hinganghat 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 Vidarbha Merchants Ucb Hinganghat is presented in the table alongside.

Use of Yes Bank MICR code for Vidarbha Merchants Ucb Hinganghat branch in hinganghat

The MICR code 442879000 is used in RBI cheque clearing process to identify the branch Vidarbha Merchants Ucb Hinganghat 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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