Yes Bank Balapur Chandrapur Maharashtra MICR CODE

Find MICR Codes for Yes Bank Balapur Chandrapur Maharashtra

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Chandrapur Dcc Bank Balapur
Contact Mr. L B Pardhi - 7875758931
Bank Details Yes Bank Ltd The Chandrapur Dcc Bank Balapur YESB0CDC085
Location Balapur, Chandrapur
City Balapur
District Chandrapur
State Maharashtra
Pincode 441221
Country IN
Address At post balapur tah nagbheed dist chandrapur-441221
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 The Chandrapur Dcc Bank Balapur 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, The Chandrapur Dcc Bank Balapur branch makes the system almost error free and faster. Use of Yes Bank MICR codes for The Chandrapur Dcc Bank Balapur 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 -

>>The Chandrapur Dcc Bank Balapur

MICR code for Yes Bank The Chandrapur Dcc Bank Balapur

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 The Chandrapur Dcc Bank Balapur 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 The Chandrapur Dcc Bank Balapur branch. MICR code for The Chandrapur Dcc Bank Balapur 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 The Chandrapur Dcc Bank Balapur is presented in the table alongside.

Use of Yes Bank MICR code for The Chandrapur Dcc Bank Balapur branch in balapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Chandrapur Dcc Bank Balapur 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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