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Yes Bank Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Yes Bank Delhi Delhi New Delhi

MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Delhi Asaf Ali Road
Contact 18002000
Bank Details Yes Bank Ltd Delhi Asaf Ali Road YESB0000800
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110002
Country IN
Address Ground floor,4/11,asaf ali road,new delhi,110002
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 Delhi Asaf Ali 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 0 of Yes Bank, Delhi Asaf Ali Road branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Delhi Asaf Ali Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 151 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Delhi Asaf Ali 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 Delhi Asaf Ali 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. 0 is the MICR code of Yes Bank for Delhi Asaf Ali Road branch. MICR code for Delhi Asaf Ali 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 Delhi Asaf Ali Road is presented in the table alongside.

Use of Yes Bank MICR code for Delhi Asaf Ali Road branch in delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Delhi Asaf Ali 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.