Yes Bank Anandpur Sahib Rupnagar Punjab MICR CODE

Find MICR Codes for Yes Bank Anandpur Sahib Rupnagar Punjab

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anandpur Sahib
Contact 233412
Bank Details Yes Bank Ltd Anandpur Sahib YESB0001050
Location Anandpur Sahib, Rupnagar
City Anandpur Sahib
District Rupnagar
State Punjab
Pincode 140124
Country IN
Address Gr flr, khasra no 5/10 and 4/5 village chak, nangal rd dist roopnagar, punjab 140124
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 140532202 for Anandpur Sahib 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 140532202 of Yes Bank, Anandpur Sahib branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Anandpur Sahib 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 -

>>Anandpur Sahib

MICR code for Yes Bank Anandpur Sahib

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 Anandpur Sahib 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. 140532202 is the MICR code of Yes Bank for Anandpur Sahib branch. MICR code for Anandpur Sahib 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 Anandpur Sahib is presented in the table alongside.

Use of Yes Bank MICR code for Anandpur Sahib branch in anandpur sahib

The MICR code 140532202 is used in RBI cheque clearing process to identify the branch Anandpur Sahib 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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