Yes Bank Waluj Aurangabad Maharashtra MICR CODE

Find MICR Codes for Yes Bank Waluj Aurangabad Maharashtra

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MICR Code	431532004
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	Waluj
Contact	Contactus@yesbank.In
Bank Details	Yes Bank Ltd Waluj YESB0000102

Location	Waluj, Aurangabad
City	Waluj
District	Aurangabad
State	Maharashtra
Pincode	431136
Country	IN
Address	Ground floor, vardhman complex, plot no c - 252/1 midc industrial, areaaurangabad, maharashtra, 431136

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 431532004 for Waluj 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 431532004 of Yes Bank, Waluj branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Waluj branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Yes Bank Ltd are available with micr code -

>>Aurangabad Dcc Bank Waluj >>Chikhli Urban Coop Bank Waluj >>Lokvikas Nagari Sah Bank Waluj >>Waluj

MICR code for Yes Bank Waluj

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 Waluj 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. 431532004 is the MICR code of Yes Bank for Waluj branch. MICR code for Waluj 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 Waluj is presented in the table alongside.

Use of Yes Bank MICR code for Waluj branch in waluj

The MICR code 431532004 is used in RBI cheque clearing process to identify the branch Waluj 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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