MICR Code: 431582016

Bank: Yes Bank
IFSC Code: Yesb0dnsb29
MICR Code: 431582016
Address: Plot 1 Sawata Ngr Main Rd Bidkin Aurangabad 431105
City: Aurangabad
District: Bidkin
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 431582016.

  • In this case first three codes 431 is city code and it represents city Aurangabad.
  • Next three characters 582 represents bank Yes Bank.
  • Remaining characters which are 016 represents branch. In our case branch is located at address Plot 1 Sawata Ngr Main Rd Bidkin Aurangabad 431105.

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.