Yes Bank Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for Yes Bank Cuttack Cuttack Orissa

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MICR Code
Bank Yes Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ucb Cuttack Sec Cda Bidanasi
Contact 2360238
Bank Details Yes Bank Ltd Ucb Cuttack Sec Cda Bidanasi YESB0CUB003
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 753014
Country IN
Address Sector 6 cda bidanasi 753014
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 753802003 for Ucb Cuttack Sec Cda Bidanasi 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 753802003 of Yes Bank, Ucb Cuttack Sec Cda Bidanasi branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Ucb Cuttack Sec Cda Bidanasi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Yes Bank Ucb Cuttack Sec Cda Bidanasi

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 Ucb Cuttack Sec Cda Bidanasi 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. 753802003 is the MICR code of Yes Bank for Ucb Cuttack Sec Cda Bidanasi branch. MICR code for Ucb Cuttack Sec Cda Bidanasi 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 Ucb Cuttack Sec Cda Bidanasi is presented in the table alongside.

Use of Yes Bank MICR code for Ucb Cuttack Sec Cda Bidanasi branch in cuttack

The MICR code 753802003 is used in RBI cheque clearing process to identify the branch Ucb Cuttack Sec Cda Bidanasi 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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