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Yes Bank Thippasandra Bangalore Rural Karnataka MICR CODE

Find MICR Codes for Yes Bank Thippasandra Bangalore Rural Karnataka

MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thippasandra
Contact Contactus@yesbank.In
Bank Details Yes Bank Ltd Thippasandra YESB0000048
Location Thippasandra, Bangalore Rural
City Thippasandra
District Bangalore Rural
State Karnataka
Pincode 560075
Country IN
Address Bldg 27, hal 3rd stage, 80 feet road indira nagar, new thippasandra, bangalore, karnataka, 560075
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 560532003 for Thippasandra 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 560532003 of Yes Bank, Thippasandra branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Thippasandra 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 -

>>Thippasandra

MICR code for Yes Bank Thippasandra

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 Thippasandra 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. 560532003 is the MICR code of Yes Bank for Thippasandra branch. MICR code for Thippasandra 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 Thippasandra is presented in the table alongside.

Use of Yes Bank MICR code for Thippasandra branch in thippasandra

The MICR code 560532003 is used in RBI cheque clearing process to identify the branch Thippasandra 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.