Yes Bank Sambalpur Sambalpur Orissa MICR CODE

Find MICR Codes for Yes Bank Sambalpur Sambalpur Orissa

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sambalpur Odisha
Contact 18002000
Bank Details Yes Bank Ltd Sambalpur Odisha YESB0001054
Location Sambalpur, Sambalpur
City Sambalpur
District Sambalpur
State Orissa
Pincode 768004
Country IN
Address Yes bank ltd, swagat building, upper ground floor, khata no. 733/522, plot no. 166/3049, mouza sambalpur town unit no. 14 (danipali), ainthapali, sambalpur 768004
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 768532002 for Sambalpur Odisha 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 768532002 of Yes Bank, Sambalpur Odisha branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Sambalpur Odisha branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Yes Bank Ltd are available with micr code -

>>Sambalpur Odisha >>The Sambalpur Dccb Ltd City Branch >>The Sambalpur Dccb Ltd Samaleswari >>The Sambalpur Dccb Ltd Sambalpur

MICR code for Yes Bank Sambalpur Odisha

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 Sambalpur Odisha 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. 768532002 is the MICR code of Yes Bank for Sambalpur Odisha branch. MICR code for Sambalpur Odisha 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 Sambalpur Odisha is presented in the table alongside.

Use of Yes Bank MICR code for Sambalpur Odisha branch in sambalpur

The MICR code 768532002 is used in RBI cheque clearing process to identify the branch Sambalpur Odisha 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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