Yes Bank Hoshiarpur Hoshiarpur Punjab MICR CODE

Find MICR Codes for Yes Bank Hoshiarpur Hoshiarpur Punjab

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Citizens Urban Coop Bank Hoshiarpur
Contact Mr Naveen Markan - 0181-5031576
Bank Details Yes Bank Ltd Citizens Urban Coop Bank Hoshiarpur YESB0CB0012
Location Hoshiarpur, Hoshiarpur
City Hoshiarpur
District Hoshiarpur
State Punjab
Pincode 146001
Country IN
Address Sutheri road, hoshiarpur - 146001
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 0 for Citizens Urban Coop Bank Hoshiarpur 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 0 of Yes Bank, Citizens Urban Coop Bank Hoshiarpur branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Citizens Urban Coop Bank Hoshiarpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Yes Bank Ltd are available with micr code -

>>Citizens Urban Coop Bank Hoshiarpur >>Citizens Urban Coop Bank Tanda >>Hoshiarpur Punjab

MICR code for Yes Bank Citizens Urban Coop Bank Hoshiarpur

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 Citizens Urban Coop Bank Hoshiarpur 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. 0 is the MICR code of Yes Bank for Citizens Urban Coop Bank Hoshiarpur branch. MICR code for Citizens Urban Coop Bank Hoshiarpur 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 Citizens Urban Coop Bank Hoshiarpur is presented in the table alongside.

Use of Yes Bank MICR code for Citizens Urban Coop Bank Hoshiarpur branch in hoshiarpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Citizens Urban Coop Bank Hoshiarpur 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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