Yes Bank Jubbal Simla Himachal Pradesh MICR CODE

Find MICR Codes for Yes Bank Jubbal Simla 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 Saraswti N
Contact 01772656825`
Bank Details Yes Bank Ltd The Hp State Co Op Bank Saraswti N YESB0HPB448
Location Jubbal, Simla
City Jubbal
District Simla
State Himachal Pradesh
Pincode 171206
Country IN
Address The hp state co-operative bank bo saraswati nagar jubbal 171206
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 Saraswti N 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 Saraswti N branch makes the system almost error free and faster. Use of Yes Bank MICR codes for The Hp State Co Op Bank Saraswti N branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Yes Bank Ltd are available with micr code -

>>The Hp State Co Op Bank Batar Galu >>The Hp State Co Op Bank Bo Jubbal >>The Hp State Co Op Bank Saraswti N

MICR code for Yes Bank The Hp State Co Op Bank Saraswti N

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

Use of Yes Bank MICR code for The Hp State Co Op Bank Saraswti N branch in jubbal

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