Yes Bank Panipat Panipat Haryana MICR CODE

Find MICR Codes for Yes Bank Panipat Panipat Haryana

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panipat Urban Coop Bank Tehsil Camp
Contact Chander Mohan Satija - 9466564303
Bank Details Yes Bank Ltd Panipat Urban Coop Bank Tehsil Camp YESB0PUCB03
Location Panipat, Panipat
City Panipat
District Panipat
State Haryana
Pincode 132103
Country IN
Address Ram nagar tehsil camp panipat - 132103
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 132800005 for Panipat Urban Coop Bank Tehsil Camp 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 132800005 of Yes Bank, Panipat Urban Coop Bank Tehsil Camp branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Panipat Urban Coop Bank Tehsil Camp branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Panipat Urban Coop Bank Tehsil Camp

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 Panipat Urban Coop Bank Tehsil Camp 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. 132800005 is the MICR code of Yes Bank for Panipat Urban Coop Bank Tehsil Camp branch. MICR code for Panipat Urban Coop Bank Tehsil Camp 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 Panipat Urban Coop Bank Tehsil Camp is presented in the table alongside.

Use of Yes Bank MICR code for Panipat Urban Coop Bank Tehsil Camp branch in panipat

The MICR code 132800005 is used in RBI cheque clearing process to identify the branch Panipat Urban Coop Bank Tehsil Camp 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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