MICR Code: 414818501

Bank: Yes Bank
IFSC Code: Yesb0apsb04
MICR Code: 414818501
Address: Dadasaheb Donde Bhavan St Stand Parner 414302
City: Ahmadnagar
District: Parner
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 414818501.

  • 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 501 represents branch. In our case branch is located at address Dadasaheb Donde Bhavan St Stand Parner 414302.

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.