MICR Code: 416532502

Bank: Yes Bank
IFSC Code: Yesb0000855
MICR Code: 416532502
Address: Milkat No. 657, Gat No. 274, A/P Attyal, Ajra Main Road, Tal. Gadhinglaj, Dist. Kolhapur, Mh, 416502
City: Kolhapur
District: Attyal
State: Maharashtra

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 416532502.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 532 represents bank Yes Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address Milkat No. 657, Gat No. 274, A/P Attyal, Ajra Main Road, Tal. Gadhinglaj, Dist. Kolhapur, Mh, 416502.

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.