Yes Bank Samudrapur Wardha Maharashtra MICR CODE

Find MICR Codes for Yes Bank Samudrapur 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 Wana Nagri Sahkari Bank Samudrapur
Contact Mr Megare - 07153-247313
Bank Details Yes Bank Ltd Wana Nagri Sahkari Bank Samudrapur YESB0WANA02
Location Samudrapur, Wardha
City Samudrapur
District Wardha
State Maharashtra
Pincode 442305
Country IN
Address Bhalkar ward,umred road, samudrapur dist wardha-442305
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 0 for Wana Nagri Sahkari Bank Samudrapur 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 0 of Yes Bank, Wana Nagri Sahkari Bank Samudrapur branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Wana Nagri Sahkari Bank Samudrapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Yes Bank Ltd are available with micr code -

>>Wana Nagri Sahkari Bank Samudrapur

MICR code for Yes Bank Wana Nagri Sahkari Bank Samudrapur

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 Wana Nagri Sahkari Bank Samudrapur 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. 0 is the MICR code of Yes Bank for Wana Nagri Sahkari Bank Samudrapur branch. MICR code for Wana Nagri Sahkari Bank Samudrapur 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 Wana Nagri Sahkari Bank Samudrapur is presented in the table alongside.

Use of Yes Bank MICR code for Wana Nagri Sahkari Bank Samudrapur branch in samudrapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Wana Nagri Sahkari Bank Samudrapur 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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