Yes Bank Rae Bareli Rai Bareli Uttar Pradesh MICR CODE

Find MICR Codes for Yes Bank Rae Bareli Rai Bareli Uttar Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hcbl Coop Bank Raebareli
Contact Pradeep Kumar Shukla - 9554964913
Bank Details Yes Bank Ltd Hcbl Coop Bank Raebareli YESB0HCBL16
Location Rae Bareli, Rai Bareli
City Rae Bareli
District Rai Bareli
State Uttar Pradesh
Pincode 229001
Country IN
Address 128, chauhan market, kaiperganj, raebareli - 229001
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 229640002 for Hcbl Coop Bank Raebareli 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 229640002 of Yes Bank, Hcbl Coop Bank Raebareli branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Hcbl Coop Bank Raebareli 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 -

>>Hcbl Coop Bank Raebareli

MICR code for Yes Bank Hcbl Coop Bank Raebareli

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 Hcbl Coop Bank Raebareli 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. 229640002 is the MICR code of Yes Bank for Hcbl Coop Bank Raebareli branch. MICR code for Hcbl Coop Bank Raebareli 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 Hcbl Coop Bank Raebareli is presented in the table alongside.

Use of Yes Bank MICR code for Hcbl Coop Bank Raebareli branch in rae bareli

The MICR code 229640002 is used in RBI cheque clearing process to identify the branch Hcbl Coop Bank Raebareli 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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