Yes Bank Phulbani Phulabani Orissa MICR CODE

Find MICR Codes for Yes Bank Phulbani Phulabani Orissa

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Boudh Coop Cent Bank Phulbanimahila
Contact 254147
Bank Details Yes Bank Ltd Boudh Coop Cent Bank Phulbanimahila YESB0BCCB02
Location Phulbani, Phulabani
City Phulbani
District Phulabani
State Orissa
Pincode 762001
Country IN
Address Near post office jail rd phulbani kandhamal 762001
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 762800004 for Boudh Coop Cent Bank Phulbanimahila 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 762800004 of Yes Bank, Boudh Coop Cent Bank Phulbanimahila branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Boudh Coop Cent Bank Phulbanimahila branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Yes Bank Ltd are available with micr code -

>>Boudh Coop Cent Bank Phulbani Main >>Boudh Coop Cent Bank Phulbanimahila

MICR code for Yes Bank Boudh Coop Cent Bank Phulbanimahila

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 Boudh Coop Cent Bank Phulbanimahila 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. 762800004 is the MICR code of Yes Bank for Boudh Coop Cent Bank Phulbanimahila branch. MICR code for Boudh Coop Cent Bank Phulbanimahila 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 Boudh Coop Cent Bank Phulbanimahila is presented in the table alongside.

Use of Yes Bank MICR code for Boudh Coop Cent Bank Phulbanimahila branch in phulbani

The MICR code 762800004 is used in RBI cheque clearing process to identify the branch Boudh Coop Cent Bank Phulbanimahila 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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