Yes Bank Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for Yes Bank Bhubaneswar Khurda Orissa

MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baramunda Bhubaneswar
Contact 18002000
Bank Details Yes Bank Ltd Baramunda Bhubaneswar YESB0001066
Location Bhubaneswar, Khurda
City Bhubaneswar
District Khurda
State Orissa
Pincode 751003
Country IN
Address Yes bank ltd. Ground floor, pgl city mart plot no. M-15, near fire station square, revenue plot no. 10(part) and 12 (part) baramunda, bhubaneswar - 751003 odisha
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 751532003 for Baramunda Bhubaneswar 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 751532003 of Yes Bank, Baramunda Bhubaneswar branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Baramunda Bhubaneswar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Baramunda Bhubaneswar

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 Baramunda Bhubaneswar 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. 751532003 is the MICR code of Yes Bank for Baramunda Bhubaneswar branch. MICR code for Baramunda Bhubaneswar 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 Baramunda Bhubaneswar is presented in the table alongside.

Use of Yes Bank MICR code for Baramunda Bhubaneswar branch in bhubaneswar

The MICR code 751532003 is used in RBI cheque clearing process to identify the branch Baramunda Bhubaneswar 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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