Yes Bank Devanahalli Bangalore Rural Karnataka MICR CODE

Find MICR Codes for Yes Bank Devanahalli Bangalore Rural Karnataka

MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Devanahalli
Contact
Bank Details Yes Bank Ltd Devanahalli YESB0000259
Location Devanahalli, Bangalore Rural
City Devanahalli
District Bangalore Rural
State Karnataka
Pincode 562110
Country IN
Address Survey no. 135/3, ward no. 19 b.b. Road , devanahalli landmark between icici and federal bangalore karnataka 562110
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 560532006 for Devanahalli 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 560532006 of Yes Bank, Devanahalli branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Devanahalli 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 -

>>Devanahalli

MICR code for Yes Bank Devanahalli

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 Devanahalli 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. 560532006 is the MICR code of Yes Bank for Devanahalli branch. MICR code for Devanahalli 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 Devanahalli is presented in the table alongside.

Use of Yes Bank MICR code for Devanahalli branch in devanahalli

The MICR code 560532006 is used in RBI cheque clearing process to identify the branch Devanahalli 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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