Yes Bank Bilaspur Bilaspur Chhattisgarh MICR CODE

Find MICR Codes for Yes Bank Bilaspur Bilaspur Chhattisgarh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bilaspur Chhatisgarh
Contact 9893252876
Bank Details Yes Bank Ltd Bilaspur Chhatisgarh YESB0000527
Location Bilaspur, Bilaspur
City Bilaspur
District Bilaspur
State Chhattisgarh
Pincode 495001
Country IN
Address Yes bank ltd, ground floor, khasra no.593/8, 594/14, 594/15, 595/7, 593/9, 594/16, 594/17,595/8, in mouza juna, link road bilaspur-chhatisgarh-495001
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 495532001 for Bilaspur Chhatisgarh 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 495532001 of Yes Bank, Bilaspur Chhatisgarh branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Bilaspur Chhatisgarh 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 -

>>Bilaspur Chhatisgarh

MICR code for Yes Bank Bilaspur Chhatisgarh

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 Bilaspur Chhatisgarh 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. 495532001 is the MICR code of Yes Bank for Bilaspur Chhatisgarh branch. MICR code for Bilaspur Chhatisgarh 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 Bilaspur Chhatisgarh is presented in the table alongside.

Use of Yes Bank MICR code for Bilaspur Chhatisgarh branch in bilaspur

The MICR code 495532001 is used in RBI cheque clearing process to identify the branch Bilaspur Chhatisgarh 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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