Yes Bank Sahnewal Ludhiana Punjab MICR CODE

Find MICR Codes for Yes Bank Sahnewal Ludhiana Punjab

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State
District
City
Branch
Address

MICR Code	-NA-
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	Sahnewal
Contact	Yes Touch Phone Banking: +91 9958390909; Email: Contactus@yesbank.In
Bank Details	Yes Bank Ltd Sahnewal YESB0000143

Location	Sahnewal, Ludhiana
City	Sahnewal
District	Ludhiana
State	Punjab
Pincode	141120
Country	IN
Address	Building no -9, grain market, sahnewal, sahnewal punjab 141120

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

>>Sahnewal

MICR code for Yes Bank Sahnewal

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 Sahnewal 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 Sahnewal branch. MICR code for Sahnewal 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 Sahnewal is presented in the table alongside.

Use of Yes Bank MICR code for Sahnewal branch in sahnewal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sahnewal 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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