Yes Bank Yellapur Karnataka Karnataka MICR CODE

Find MICR Codes for Yes Bank Yellapur Karnataka Karnataka

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Yellapur Branch
Contact 91-9036861882
Bank Details Yes Bank Ltd Yellapur Branch YESB0UNTY91
Location Yellapur, Karnataka
City Yellapur
District Karnataka
State Karnataka
Pincode 581359
Country IN
Address Basawehwar height,shop no.18,first floor,yellapur bus stand road,yellapur,uttar kannada 581359
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 Yellapur Branch 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, Yellapur Branch branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Yellapur Branch 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 -

>>Yellapur Branch

MICR code for Yes Bank Yellapur Branch

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 Yellapur Branch 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 Yellapur Branch branch. MICR code for Yellapur Branch 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 Yellapur Branch is presented in the table alongside.

Use of Yes Bank MICR code for Yellapur Branch branch in yellapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Yellapur Branch 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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