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Yes Bank Visakhapatnam Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Yes Bank Visakhapatnam Vishakhapatnam Andhra Pradesh

Bank
State
District
City
Branch
Address

MICR Code	530532002
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	Vishakapatanam
Contact	Tel: 0891-6623000
Bank Details	Yes Bank Ltd Vishakapatanam YESB0000046

Location	Visakhapatnam, Vishakhapatnam
City	Visakhapatnam
District	Vishakhapatnam
State	Andhra Pradesh
Pincode	530002
Country	IN
Address	Ground & first floor, sun towers, opp lazarus hospital, waltair main road, ram nagar, visakhapatnam-530 002

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 530532002 for Vishakapatanam 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 530532002 of Yes Bank, Vishakapatanam branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Vishakapatanam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Yes Bank Ltd are available with micr code -

>>Dwarakanagar Visakhapatnam >>Hindustan Shipyard Staff Coop Bank >>Vishakapatanam

MICR code for Yes Bank Vishakapatanam

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 Vishakapatanam 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. 530532002 is the MICR code of Yes Bank for Vishakapatanam branch. MICR code for Vishakapatanam 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 Vishakapatanam is presented in the table alongside.

Use of Yes Bank MICR code for Vishakapatanam branch in visakhapatnam

The MICR code 530532002 is used in RBI cheque clearing process to identify the branch Vishakapatanam 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.