Yes Bank Purnea Purnia Bihar MICR CODE

Find MICR Codes for Yes Bank Purnea Purnia Bihar

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Purnea District Central Coop Bank
Contact 242273
Bank Details Yes Bank Ltd Purnea District Central Coop Bank YESB0PDCCBL
Location Purnea, Purnia
City Purnea
District Purnia
State Bihar
Pincode 854315
Country IN
Address Sahkari bhawan court compound purnea 854301
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 0 for Purnea District Central Coop Bank 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 0 of Yes Bank, Purnea District Central Coop Bank branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Purnea District Central Coop Bank 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 -

>>Purnea District Central Coop Bank

MICR code for Yes Bank Purnea District Central Coop Bank

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 Purnea District Central Coop Bank 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. 0 is the MICR code of Yes Bank for Purnea District Central Coop Bank branch. MICR code for Purnea District Central Coop Bank 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 Purnea District Central Coop Bank is presented in the table alongside.

Use of Yes Bank MICR code for Purnea District Central Coop Bank branch in purnea

The MICR code 0 is used in RBI cheque clearing process to identify the branch Purnea District Central Coop Bank 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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