Yes Bank E G Dist Rajahmundry Rural Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank E G Dist Rajahmundry Rural Andhra Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Innespeta Cooperative Urban Bank
Contact 883-9440243500
Bank Details Yes Bank Ltd The Innespeta Cooperative Urban Bank YESB0INCB05
Location E G Dist, Rajahmundry Rural
City E G Dist
District Rajahmundry Rural
State Andhra Pradesh
Pincode 533221
Country IN
Address .o.115-1-272, main road, kolamuru
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 The Innespeta Cooperative Urban Bank 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, The Innespeta Cooperative Urban Bank branch makes the system almost error free and faster. Use of Yes Bank MICR codes for The Innespeta Cooperative Urban Bank 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 -

>>The Innespeta Cooperative Urban Bank

MICR code for Yes Bank The Innespeta Cooperative Urban Bank

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 The Innespeta Cooperative Urban Bank 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 The Innespeta Cooperative Urban Bank branch. MICR code for The Innespeta Cooperative Urban Bank 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 The Innespeta Cooperative Urban Bank is presented in the table alongside.

Use of Yes Bank MICR code for The Innespeta Cooperative Urban Bank branch in e g dist

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Innespeta Cooperative Urban Bank 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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