Yes Bank Sihor Mercantile Coop Bank Botad
Sihor Mercantile Coop Bank Botad · Bhavnagar, Gujarat
364803051 is the MICR code for the Sihor Mercantile Coop Bank Botad branch of Yes Bank, located in Bhavnagar, Gujarat. 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 YESB0SIMC22.
Bank
Yes Bank
Branch & Address
Sihor Mercantile Coop Bank Botad
Opp Marketing Yard Paliyaad Road Botad 364710
Bhavnagar, Botad, Gujarat
Contact
+912849252950MICR Code Structure
364
City
803
Bank
051
Branch
City code 364 identifies the RBI clearing centre, bank code 803 identifies Yes Bank, and branch code 051 identifies this specific branch.
Online Payment Methods Supported
Other Yes Bank branches near Bhavnagar
Other banks in Bhavnagar, Gujarat
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 (YESB0SIMC22) 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 364803051 is in the middle, and your account number is on the right.