Yes Bank Paonta Sahib Sirmaur Himachal Pradesh MICR CODE

Find MICR Codes for Yes Bank Paonta Sahib Sirmaur Himachal Pradesh

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Hp State Co Op Bank Dhaulakuan
Contact 01772656825`
Bank Details Yes Bank Ltd The Hp State Co Op Bank Dhaulakuan YESB0HPB552
Location Paonta Sahib, Sirmaur
City Paonta Sahib
District Sirmaur
State Himachal Pradesh
Pincode 173020
Country IN
Address The hp state co-operative bank bo dhaula kuan paonta sahib 173020
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 Hp State Co Op Bank Dhaulakuan 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 Hp State Co Op Bank Dhaulakuan branch makes the system almost error free and faster. Use of Yes Bank MICR codes for The Hp State Co Op Bank Dhaulakuan branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank The Hp State Co Op Bank Dhaulakuan

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 Hp State Co Op Bank Dhaulakuan 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 Hp State Co Op Bank Dhaulakuan branch. MICR code for The Hp State Co Op Bank Dhaulakuan 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 Hp State Co Op Bank Dhaulakuan is presented in the table alongside.

Use of Yes Bank MICR code for The Hp State Co Op Bank Dhaulakuan branch in paonta sahib

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Hp State Co Op Bank Dhaulakuan 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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