Yes Bank Sangli Sangli Maharashtra MICR CODE

Find MICR Codes for Yes Bank Sangli Sangli Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Washi Sangli
Contact 18002000
Bank Details Yes Bank Ltd Washi Sangli YESB0001089
Location Sangli, Sangli
City Sangli
District Sangli
State Maharashtra
Pincode 416416
Country IN
Address Gr floor, c s no 766 milkat no 643 washi tal walava dist sangli maharashtra 415401
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 Washi Sangli 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, Washi Sangli branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Washi Sangli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Yes Bank Ltd are available with micr code -

>>Hingangaon Bk Sangli >>Phalke Wadi Maharashtra >>The Islampur Urban Co Op Bank Ltd >>Vishram Baug Sangli >>Vita Sangli >>Washi Sangli

MICR code for Yes Bank Washi Sangli

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 Washi Sangli 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 Washi Sangli branch. MICR code for Washi Sangli 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 Washi Sangli is presented in the table alongside.

Use of Yes Bank MICR code for Washi Sangli branch in sangli

The MICR code 0 is used in RBI cheque clearing process to identify the branch Washi Sangli 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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