Yes Bank Greater Bombay Mumbai Maharashtra MICR CODE

Find MICR Codes for Yes Bank Greater Bombay Mumbai Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Warden Road
Contact 23540024
Bank Details Yes Bank Ltd Warden Road YESB0000606
Location Greater Bombay, Mumbai
City Greater Bombay
District Mumbai
State Maharashtra
Pincode 400026
Country IN
Address Shop no.3,tirupati apartments,opp.mahalaxmi mandir,bhulabhai desai marg warden road,mumbai,maharashtra 400026
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 400532062 for Warden Road 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 400532062 of Yes Bank, Warden Road branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Warden Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Warden Road

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 Warden Road 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. 400532062 is the MICR code of Yes Bank for Warden Road branch. MICR code for Warden Road 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 Warden Road is presented in the table alongside.

Use of Yes Bank MICR code for Warden Road branch in greater bombay

The MICR code 400532062 is used in RBI cheque clearing process to identify the branch Warden Road 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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