MICR Code: 406415017

Bank: Yes Bank
IFSC Code: Yesb0gscb24
MICR Code: 406415017
Address: Sahakar - Graha, Adpoi - Durbhat, Ponda, Goa - 403401
City: North Goa
District: Ponda
State: Goa

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 406415017.

  • In this case first three codes 406 is city code and it represents city North Goa.
  • Next three characters 415 represents bank Yes Bank.
  • Remaining characters which are 017 represents branch. In our case branch is located at address Sahakar - Graha, Adpoi - Durbhat, Ponda, Goa - 403401.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.