Yes Bank Wardha Wardha Maharashtra MICR CODE

Find MICR Codes for Yes Bank Wardha 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 Wardha Nagri Bank Kumarappa Marg
Contact Mr V S Wazalwar 07152-243464
Bank Details Yes Bank Ltd Wardha Nagri Bank Kumarappa Marg YESB0WNSB02
Location Wardha, Wardha
City Wardha
District Wardha
State Maharashtra
Pincode 442001
Country IN
Address Madhav bhawan,dhantoli,wardha-442001
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 4428031 for Wardha Nagri Bank Kumarappa Marg 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 4428031 of Yes Bank, Wardha Nagri Bank Kumarappa Marg branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Wardha Nagri Bank Kumarappa Marg branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Wardha Nagri Bank Kumarappa Marg

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 Wardha Nagri Bank Kumarappa Marg 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. 4428031 is the MICR code of Yes Bank for Wardha Nagri Bank Kumarappa Marg branch. MICR code for Wardha Nagri Bank Kumarappa Marg 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 Wardha Nagri Bank Kumarappa Marg is presented in the table alongside.

Use of Yes Bank MICR code for Wardha Nagri Bank Kumarappa Marg branch in wardha

The MICR code 4428031 is used in RBI cheque clearing process to identify the branch Wardha Nagri Bank Kumarappa Marg 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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