Yes Bank Piparia Hoshangabad Madhya Pradesh MICR CODE

Find MICR Codes for Yes Bank Piparia Hoshangabad Madhya Pradesh

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MICR Code	461532301
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	Pipariya
Contact	7576222904
Bank Details	Yes Bank Ltd Pipariya YESB0000553

Location	Piparia, Hoshangabad
City	Piparia
District	Hoshangabad
State	Madhya Pradesh
Pincode	461775
Country	IN
Address	17 d,plot no.98,old grain market,pipariya,madhya pradesh.pin 461775

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 461532301 for Pipariya 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 461532301 of Yes Bank, Pipariya branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Pipariya 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 -

>>Pipariya

MICR code for Yes Bank Pipariya

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 Pipariya 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. 461532301 is the MICR code of Yes Bank for Pipariya branch. MICR code for Pipariya 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 Pipariya is presented in the table alongside.

Use of Yes Bank MICR code for Pipariya branch in piparia

The MICR code 461532301 is used in RBI cheque clearing process to identify the branch Pipariya 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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