Yes Bank Ashok Vihar Delhi New Delhi MICR CODE

Find MICR Codes for Yes Bank Ashok Vihar Delhi New Delhi

MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ashok Vihar
Contact Paras Allawadi - 01130168815
Bank Details Yes Bank Ltd Ashok Vihar YESB0000328
Location Ashok Vihar, Delhi
City Ashok Vihar
District Delhi
State New Delhi
Pincode 110052
Country IN
Address Plot no.5, block c, ashok vihar, phase-1, delhi-110052
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 Ashok Vihar 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, Ashok Vihar branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Ashok Vihar 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 -

>>Ashok Vihar

MICR code for Yes Bank Ashok Vihar

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 Ashok Vihar 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 Ashok Vihar branch. MICR code for Ashok Vihar 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 Ashok Vihar is presented in the table alongside.

Use of Yes Bank MICR code for Ashok Vihar branch in ashok vihar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ashok Vihar 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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