MICR Code: 414818506
| Bank: Yes Bank |
| IFSC Code: Yesb0apsb13 |
| MICR Code: 414818506 |
| Address: Dnyandeshwar Mandir Opp Adcc Bank Nevasa 414603 |
| City: Ahmadnagar |
| District: Newasa |
| 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 414818506.
- In this case first three codes 414 is city code and it represents city Ahmadnagar.
- Next three characters 818 represents bank Yes Bank.
- Remaining characters which are 506 represents branch. In our case branch is located at address Dnyandeshwar Mandir Opp Adcc Bank Nevasa 414603.
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.