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 Vikramaditya Nagrik Sahakari Bank
Contact Mr. Sudesh Neema - 9827235909
Bank Details Yes Bank Ltd Vikramaditya Nagrik Sahakari Bank YESB0VNSB01
Location Ujjain, Ujjain
City Ujjain
District Ujjain
State Madhya Pradesh
Pincode 456001
Country IN
Address A-84/85 vikramaditya cloth market lala lajpatroy marg fazalpura ujjain - 456001
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 456533002 for Vikramaditya Nagrik Sahakari Bank 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 456533002 of Yes Bank, Vikramaditya Nagrik Sahakari Bank branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Vikramaditya Nagrik Sahakari Bank branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Vikramaditya Nagrik Sahakari Bank

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 Vikramaditya Nagrik Sahakari Bank 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. 456533002 is the MICR code of Yes Bank for Vikramaditya Nagrik Sahakari Bank branch. MICR code for Vikramaditya Nagrik Sahakari Bank 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 Vikramaditya Nagrik Sahakari Bank is presented in the table alongside.

Use of Yes Bank MICR code for Vikramaditya Nagrik Sahakari Bank branch in ujjain

The MICR code 456533002 is used in RBI cheque clearing process to identify the branch Vikramaditya Nagrik Sahakari Bank 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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