Yes Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Yes Bank Ludhiana Ludhiana Punjab

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MICR Code	141532008
Bank	Yes Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chandigarh Road Ludhiana
Contact	5211963
Bank Details	Yes Bank Ltd Chandigarh Road Ludhiana YESB0000601

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141010
Country	IN
Address	Ground floor, s.c.o-34, sector-32a, ludhiana, punjab-141010

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 141532008 for Chandigarh Road Ludhiana 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 141532008 of Yes Bank, Chandigarh Road Ludhiana branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Chandigarh Road Ludhiana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Yes Bank Ltd are available with micr code -

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MICR code for Yes Bank Chandigarh Road Ludhiana

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 Chandigarh Road Ludhiana 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. 141532008 is the MICR code of Yes Bank for Chandigarh Road Ludhiana branch. MICR code for Chandigarh Road Ludhiana 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 Chandigarh Road Ludhiana is presented in the table alongside.

Use of Yes Bank MICR code for Chandigarh Road Ludhiana branch in ludhiana

The MICR code 141532008 is used in RBI cheque clearing process to identify the branch Chandigarh Road Ludhiana 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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