Yes Bank Nawanshahr, Punjab
Nawanshahr, Punjab · Nawanshahr, Punjab
144532402 is the MICR code for the Nawanshahr, Punjab branch of Yes Bank, located in Nawanshahr, Punjab. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code YESB0000144.
Bank
Yes Bank
Branch & Address
Nawanshahr, Punjab
Ground Floor, Propoerty no 1/148, Banga Road, Nawanshahar, Punjab-144514
Nawanshahr, Nawanshahar, Punjab
Contact
+911823505051MICR Code Structure
144
City
532
Bank
402
Branch
City code 144 identifies the RBI clearing centre, bank code 532 identifies Yes Bank, and branch code 402 identifies this specific branch.
Online Payment Methods Supported
Other Yes Bank branches near Nawanshahr
Other banks in Nawanshahr, Punjab
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (YESB0000144) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 144532402 is in the middle, and your account number is on the right.