MICR Code: 400532037

Bank: Yes Bank
IFSC Code: Yesb0000248
MICR Code: 400532037
Address: Shop No 18, Satra Plaza,, Palm Beach Road,, Sector 19D, Navi Mumbai, Maharashtra-400703
City: Thane
District: Navi Mumbai
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 400532037.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 532 represents bank Yes Bank.
  • Remaining characters which are 037 represents branch. In our case branch is located at address Shop No 18, Satra Plaza,, Palm Beach Road,, Sector 19D, Navi Mumbai, Maharashtra-400703.

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.