MICR Code: 403415023

Bank: Yes Bank
IFSC Code: Yesb0gscb35
MICR Code: 403415023
Address: Govind Building, Tisk Usgaon, Goa - 403406
City: South Goa
District: Usgaon
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 403415023.

  • In this case first three codes 403 is city code and it represents city South Goa.
  • Next three characters 415 represents bank Yes Bank.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Govind Building, Tisk Usgaon, Goa - 403406.

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.