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Yes Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Yes Bank Mumbai Greater Bombay Maharashtra

MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Worli Mumbai
Contact Contactus@yesbank.In
Bank Details Yes Bank Ltd Worli Mumbai YESB0000001
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400018
Country IN
Address Nehru centre, 9th floor, discovery of india, dr. A.b. Road, worli, mumbai – 400 018, india.
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 400532002 for Worli Mumbai 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 400532002 of Yes Bank, Worli Mumbai branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Worli Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 86 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Worli Mumbai

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 Worli Mumbai 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. 400532002 is the MICR code of Yes Bank for Worli Mumbai branch. MICR code for Worli Mumbai 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 Worli Mumbai is presented in the table alongside.

Use of Yes Bank MICR code for Worli Mumbai branch in mumbai

The MICR code 400532002 is used in RBI cheque clearing process to identify the branch Worli Mumbai 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.