Yes Bank Lunglei Lunglei Mizoram MICR CODE

Find MICR Codes for Yes Bank Lunglei Lunglei Mizoram

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mizoram Coop Apex Bank Lunglei
Contact 2324819
Bank Details Yes Bank Ltd Mizoram Coop Apex Bank Lunglei YESB0MAB006
Location Lunglei, Lunglei
City Lunglei
District Lunglei
State Mizoram
Pincode 796701
Country IN
Address Venglai lunglei 796701
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 796806501 for Mizoram Coop Apex Bank Lunglei 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 796806501 of Yes Bank, Mizoram Coop Apex Bank Lunglei branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Mizoram Coop Apex Bank Lunglei 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 -

>>Mizoram Coop Apex Bank Lunglei

MICR code for Yes Bank Mizoram Coop Apex Bank Lunglei

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 Mizoram Coop Apex Bank Lunglei 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. 796806501 is the MICR code of Yes Bank for Mizoram Coop Apex Bank Lunglei branch. MICR code for Mizoram Coop Apex Bank Lunglei 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 Mizoram Coop Apex Bank Lunglei is presented in the table alongside.

Use of Yes Bank MICR code for Mizoram Coop Apex Bank Lunglei branch in lunglei

The MICR code 796806501 is used in RBI cheque clearing process to identify the branch Mizoram Coop Apex Bank Lunglei 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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