Yes Bank Panaji North Goa Goa MICR CODE

Find MICR Codes for Yes Bank Panaji North Goa Goa

Bank
State
District
City
Branch
Address

MICR Code	422532002
Bank	Yes Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nashik Maharashtra
Contact	Contactus@yesbank.In
Bank Details	Yes Bank Ltd Nashik Maharashtra YESB0000021

Location	Panaji, North Goa
City	Panaji
District	North Goa
State	Goa
Pincode	403001
Country	IN
Address	Shop no 9 to 13, agora, canadacorner, junction of sharanpur andcollege roadnashik

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 422532002 for Nashik Maharashtra 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 422532002 of Yes Bank, Nashik Maharashtra branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Nashik Maharashtra 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 -

>>Nashik Maharashtra >>The Goa State Coop Bank Aandrd >>The Goa State Coop Bank Head Office >>The Goa State Coop Bank Ktc >>The Goa State Coop Bank Panaji >>The Goa State Coop Bank Taleigao

MICR code for Yes Bank Nashik Maharashtra

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 Nashik Maharashtra 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. 422532002 is the MICR code of Yes Bank for Nashik Maharashtra branch. MICR code for Nashik Maharashtra 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 Nashik Maharashtra is presented in the table alongside.

Use of Yes Bank MICR code for Nashik Maharashtra branch in panaji

The MICR code 422532002 is used in RBI cheque clearing process to identify the branch Nashik Maharashtra 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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