Yes Bank Itamati Nayagarh Orissa MICR CODE

Find MICR Codes for Yes Bank Itamati Nayagarh Orissa

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nayagarh Dccb Itamati
Contact 9938998827
Bank Details Yes Bank Ltd Nayagarh Dccb Itamati YESB0NDB011
Location Itamati, Nayagarh
City Itamati
District Nayagarh
State Orissa
Pincode 752068
Country IN
Address Itamati 752068
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 752800509 for Nayagarh Dccb Itamati 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 752800509 of Yes Bank, Nayagarh Dccb Itamati branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Nayagarh Dccb Itamati 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 -

>>Nayagarh Dccb Itamati

MICR code for Yes Bank Nayagarh Dccb Itamati

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 Nayagarh Dccb Itamati 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. 752800509 is the MICR code of Yes Bank for Nayagarh Dccb Itamati branch. MICR code for Nayagarh Dccb Itamati 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 Nayagarh Dccb Itamati is presented in the table alongside.

Use of Yes Bank MICR code for Nayagarh Dccb Itamati branch in itamati

The MICR code 752800509 is used in RBI cheque clearing process to identify the branch Nayagarh Dccb Itamati 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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