Yes Bank Rajpura Patiala Punjab MICR CODE

Find MICR Codes for Yes Bank Rajpura Patiala Punjab

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajpura Punjab
Contact Contactus@yesbank.In
Bank Details Yes Bank Ltd Rajpura Punjab YESB0000057
Location Rajpura, Patiala
City Rajpura
District Patiala
State Punjab
Pincode 140401
Country IN
Address Shop no 5e and 6e,ground floor,caliber market,dalmia vihar,district patialarajpura
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 140532002 for Rajpura 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 140532002 of Yes Bank, Rajpura Punjab branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Rajpura 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 -

>>Rajpura Punjab

MICR code for Yes Bank Rajpura 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 Rajpura 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. 140532002 is the MICR code of Yes Bank for Rajpura Punjab branch. MICR code for Rajpura 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 Rajpura Punjab is presented in the table alongside.

Use of Yes Bank MICR code for Rajpura Punjab branch in rajpura

The MICR code 140532002 is used in RBI cheque clearing process to identify the branch Rajpura 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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