Yes Bank Parjang Dhenkanal Orissa MICR CODE

Find MICR Codes for Yes Bank Parjang Dhenkanal 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 Parjang
Contact 261052
Bank Details Yes Bank Ltd Angul Central Coop Bank Parjang YESB0ACCB17
Location Parjang, Dhenkanal
City Parjang
District Dhenkanal
State Orissa
Pincode 759120
Country IN
Address Parjang 759120
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 759800506 for Angul Central Coop Bank Parjang 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 759800506 of Yes Bank, Angul Central Coop Bank Parjang branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Angul Central Coop Bank Parjang 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 Parjang

MICR code for Yes Bank Angul Central Coop Bank Parjang

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 Parjang 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. 759800506 is the MICR code of Yes Bank for Angul Central Coop Bank Parjang branch. MICR code for Angul Central Coop Bank Parjang 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 Parjang is presented in the table alongside.

Use of Yes Bank MICR code for Angul Central Coop Bank Parjang branch in parjang

The MICR code 759800506 is used in RBI cheque clearing process to identify the branch Angul Central Coop Bank Parjang 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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