Yes Bank Bokaro Bokaro Jharkhand MICR CODE

Find MICR Codes for Yes Bank Bokaro Bokaro Jharkhand

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chas Bokaro
Contact Contactus@yesbank.In
Bank Details Yes Bank Ltd Chas Bokaro YESB0000094
Location Bokaro, Bokaro
City Bokaro
District Bokaro
State Jharkhand
Pincode 827013
Country IN
Address Ground floorgolden palacebye pass road, chas district bokarobokarojharkhand827013
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 827532002 for Chas Bokaro 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 827532002 of Yes Bank, Chas Bokaro branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Chas Bokaro 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 -

>>Chas Bokaro

MICR code for Yes Bank Chas Bokaro

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 Chas Bokaro 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. 827532002 is the MICR code of Yes Bank for Chas Bokaro branch. MICR code for Chas Bokaro 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 Chas Bokaro is presented in the table alongside.

Use of Yes Bank MICR code for Chas Bokaro branch in bokaro

The MICR code 827532002 is used in RBI cheque clearing process to identify the branch Chas Bokaro 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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