Yes Bank Almora Almora Uttrakhand MICR CODE

Find MICR Codes for Yes Bank Almora Almora Uttrakhand

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Almora Zila Sahkari Bank Nanda Devi
Contact Mr. M P Sugunan - 9411113159
Bank Details Yes Bank Ltd Almora Zila Sahkari Bank Nanda Devi YESB0AZSB03
Location Almora, Almora
City Almora
District Almora
State Uttrakhand
Pincode 263601
Country IN
Address Nanda devi branch, near nanda devi temple, almora - 263601
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 Almora Zila Sahkari Bank Nanda Devi 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, Almora Zila Sahkari Bank Nanda Devi branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Almora Zila Sahkari Bank Nanda Devi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Almora Zila Sahkari Bank Nanda Devi

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 Almora Zila Sahkari Bank Nanda Devi 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 Almora Zila Sahkari Bank Nanda Devi branch. MICR code for Almora Zila Sahkari Bank Nanda Devi 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 Almora Zila Sahkari Bank Nanda Devi is presented in the table alongside.

Use of Yes Bank MICR code for Almora Zila Sahkari Bank Nanda Devi branch in almora

The MICR code 0 is used in RBI cheque clearing process to identify the branch Almora Zila Sahkari Bank Nanda Devi 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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