MICR Code: 160532029

Bank: Yes Bank
IFSC Code: Yesb0000532
MICR Code: 160532029
Address: Yes Bank, Sco - 37, Phase 3B2, Sas Nagar, Mohali, Punjab-160060
City: Sahibzada Ajit Singh Nagar
District: Mohali
State: Punjab

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 160532029.

  • In this case first three codes 160 is city code and it represents city Sahibzada Ajit Singh Nagar.
  • Next three characters 532 represents bank Yes Bank.
  • Remaining characters which are 029 represents branch. In our case branch is located at address Yes Bank, Sco - 37, Phase 3B2, Sas Nagar, Mohali, Punjab-160060.

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.