Yes Bank Phullanwala Ludhiana Punjab MICR CODE

Find MICR Codes for Yes Bank Phullanwala Ludhiana Punjab

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MICR Code	141532004
Bank	Yes Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Phullanwal Punjab
Contact	9958390909
Bank Details	Yes Bank Ltd Phullanwal Punjab YESB0000142

Location	Phullanwala, Ludhiana
City	Phullanwala
District	Ludhiana
State	Punjab
Pincode	141002
Country	IN
Address	Khasra no 21//3/2 and 8//23/2, pakhowal road, village and po phullanwal, dist. Ludhiana, 141002

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 141532004 for Phullanwal Punjab 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 141532004 of Yes Bank, Phullanwal Punjab branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Phullanwal Punjab 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 -

>>Phullanwal Punjab

MICR code for Yes Bank Phullanwal Punjab

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 Phullanwal Punjab 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. 141532004 is the MICR code of Yes Bank for Phullanwal Punjab branch. MICR code for Phullanwal Punjab 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 Phullanwal Punjab is presented in the table alongside.

Use of Yes Bank MICR code for Phullanwal Punjab branch in phullanwala

The MICR code 141532004 is used in RBI cheque clearing process to identify the branch Phullanwal Punjab 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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