Yes Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Yes Bank Indore Indore Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	-NA-
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	Shubhlakshmi Mah Coop Bank Ho
Contact	Mrs.Manju Sharma-9425054079
Bank Details	Yes Bank Ltd Shubhlakshmi Mah Coop Bank Ho YESB0SLMCB1

Location	Indore, Indore
City	Indore
District	Indore
State	Madhya Pradesh
Pincode	452001
Country	IN
Address	Shalimar plaza 225 r.n.t marg indore - 452001

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 Shubhlakshmi Mah Coop Bank Ho 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, Shubhlakshmi Mah Coop Bank Ho branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Shubhlakshmi Mah Coop Bank Ho branch, makes the characters readable even if there are other marks and stamps on it.

A total of 42 branches of Yes Bank Ltd are available with micr code -

>>Annapurna Road Indore >>Arihant Urban Cooperative Bank Ltd >>Begumkhedi >>Bijukhedi >>Gorakunj Chorayaa Indore >>Hinjewadi Pune >>Indore Ashok Nagar >>Indore Cloth Mkt Coop Bank Aerodram >>Indore Cloth Mkt Coop Bank Gumasta >>Indore Cloth Mkt Coop Bank H O >>Indore Cloth Mkt Coop Bank Hukmchnd >>Indore Cloth Mkt Coop Bank Sitlamta >>Indore Cloth Mkt Coop Bank Siyaganj >>Indore Paraspar Sah Bank >>Indore Paraspar Sah Bank H O >>Indore Paraspar Sah Bank Jail Road >>Indore Paraspar Sah Bank Manormagnj >>Indore Paraspar Sah Bank Tilakpath >>Indore Paraspar Sah Bank Transport >>Indore Vijay Nagar >>Paraspar Sahayak Coop Bank Gmn >>Paraspar Sahayak Coop Bank Jail Rd >>Paraspar Sahayak Coop Bank Mth Comp >>Pipliyahana >>Pithampur Madhya Pradesh >>Saket Indore >>Sapna Sangeeta Road Indore >>Shramik Nagrik Sahakari Bank Ltd >>Shubhlakshmi Mah Coop Bank Ho >>Shubhlakshmi Mah Coop Bank Rnt Marg >>Shubhlakshmi Mah Coop Bank Sneh Ngr >>Shubhlakshmi Mah Coop Bank Vijayngr >>Transport Coop Bank South Tokoganj >>Transport Coop Bank Transport Nagar >>Vijay Nagar Indore >>Vyaparik Audyogik Sah Bank Ho >>Vyaparik Audyogik Sah Bank Malhrgnj >>Y N Road Indore

MICR code for Yes Bank Shubhlakshmi Mah Coop Bank Ho

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 Shubhlakshmi Mah Coop Bank Ho 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 Shubhlakshmi Mah Coop Bank Ho branch. MICR code for Shubhlakshmi Mah Coop Bank Ho 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 Shubhlakshmi Mah Coop Bank Ho is presented in the table alongside.

Use of Yes Bank MICR code for Shubhlakshmi Mah Coop Bank Ho branch in indore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shubhlakshmi Mah Coop Bank Ho 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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