MICR Code: 480532503

Bank: Yes Bank
IFSC Code: Yesb0000816
MICR Code: 480532503
Address: Ground Floor,P No 53, Ward No 27 A, Station Road, Pandurna, Chhindwara, Madhya Pradesh,480334
City: Chhindwara
District: Chhindwara
State: Madhya Pradesh

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 480532503.

  • In this case first three codes 480 is city code and it represents city Chhindwara.
  • Next three characters 532 represents bank Yes Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Ground Floor,P No 53, Ward No 27 A, Station Road, Pandurna, Chhindwara, Madhya Pradesh,480334.

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.