MICR Code: 461532001
| Bank: Yes Bank |
| IFSC Code: Yesb0000672 |
| MICR Code: 461532001 |
| Address: Part Ground Floor, Plot No. 34/21, Sheet No. 41, Anand Nagar, Hoshangabad, Madhya Pradesh, Pin- 461001 |
| City: Hoshangabad |
| District: Hoshangabad |
| 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 461532001.
- In this case first three codes 461 is city code and it represents city Hoshangabad.
- Next three characters 532 represents bank Yes Bank.
- Remaining characters which are 001 represents branch. In our case branch is located at address Part Ground Floor, Plot No. 34/21, Sheet No. 41, Anand Nagar, Hoshangabad, Madhya Pradesh, Pin- 461001.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.