Yes Bank Theog Simla Himachal Pradesh MICR CODE

Find MICR Codes for Yes Bank Theog Simla Himachal Pradesh

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MICR Code	171311050
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	The Hp State Coop Bank Fagu
Contact	1772651051
Bank Details	Yes Bank Ltd The Hp State Coop Bank Fagu YESB0HPB460

Location	Theog, Simla
City	Theog
District	Simla
State	Himachal Pradesh
Pincode	171209
Country	IN
Address	Vpo fagu tehsil theog shimla 171209

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 171311050 for The Hp State Coop Bank Fagu 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 171311050 of Yes Bank, The Hp State Coop Bank Fagu branch makes the system almost error free and faster. Use of Yes Bank MICR codes for The Hp State Coop Bank Fagu 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 Bo Shilaroo >>The Hp State Co Op Bank Bo Theog >>The Hp State Coop Bank Fagu

MICR code for Yes Bank The Hp State Coop Bank Fagu

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 Coop Bank Fagu 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. 171311050 is the MICR code of Yes Bank for The Hp State Coop Bank Fagu branch. MICR code for The Hp State Coop Bank Fagu 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 Coop Bank Fagu is presented in the table alongside.

Use of Yes Bank MICR code for The Hp State Coop Bank Fagu branch in theog

The MICR code 171311050 is used in RBI cheque clearing process to identify the branch The Hp State Coop Bank Fagu 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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