Yes Bank Banarpal Angul Orissa MICR CODE

Find MICR Codes for Yes Bank Banarpal Angul Orissa

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Angul Central Coop Bank Banarpal
Contact 220819
Bank Details Yes Bank Ltd Angul Central Coop Bank Banarpal YESB0ACCB04
Location Banarpal, Angul
City Banarpal
District Angul
State Orissa
Pincode 759145
Country IN
Address At - banarpal 759145
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 759800105 for Angul Central Coop Bank Banarpal 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 759800105 of Yes Bank, Angul Central Coop Bank Banarpal branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Angul Central Coop Bank Banarpal 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 -

>>Angul Central Coop Bank Banarpal

MICR code for Yes Bank Angul Central Coop Bank Banarpal

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 Angul Central Coop Bank Banarpal 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. 759800105 is the MICR code of Yes Bank for Angul Central Coop Bank Banarpal branch. MICR code for Angul Central Coop Bank Banarpal 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 Angul Central Coop Bank Banarpal is presented in the table alongside.

Use of Yes Bank MICR code for Angul Central Coop Bank Banarpal branch in banarpal

The MICR code 759800105 is used in RBI cheque clearing process to identify the branch Angul Central Coop Bank Banarpal 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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