Yes Bank Paikmal Bargarh Orissa MICR CODE

Find MICR Codes for Yes Bank Paikmal Bargarh Orissa

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Sambalpur Dccb Ltd Paikmal
Contact 230622
Bank Details Yes Bank Ltd The Sambalpur Dccb Ltd Paikmal YESB0SBPB30
Location Paikmal, Bargarh
City Paikmal
District Bargarh
State Orissa
Pincode 768039
Country IN
Address At paikmal 768039
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 768800518 for The Sambalpur Dccb Ltd Paikmal 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 768800518 of Yes Bank, The Sambalpur Dccb Ltd Paikmal branch makes the system almost error free and faster. Use of Yes Bank MICR codes for The Sambalpur Dccb Ltd Paikmal 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 Sambalpur Dccb Ltd Paikmal

MICR code for Yes Bank The Sambalpur Dccb Ltd Paikmal

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 Sambalpur Dccb Ltd Paikmal 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. 768800518 is the MICR code of Yes Bank for The Sambalpur Dccb Ltd Paikmal branch. MICR code for The Sambalpur Dccb Ltd Paikmal 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 Sambalpur Dccb Ltd Paikmal is presented in the table alongside.

Use of Yes Bank MICR code for The Sambalpur Dccb Ltd Paikmal branch in paikmal

The MICR code 768800518 is used in RBI cheque clearing process to identify the branch The Sambalpur Dccb Ltd Paikmal 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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