| MICR CODE | 400532072 |
|---|---|
| Bank | Yes Bank |
| Branch | Old Panvel |
| IFSC Code | IFSC Code Yes Bank |
| Address | Shop No.2,3,4,5 And 6,ground Floor,sai Sneh Chs Ltd,plot No.230.1,behind Mtnl Building,old Panvel,raigad,maharashtra.pin 410 206 |
| City | Navi Mumbai |
| State | Maharashtra |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).