Yes Bank Haveli Sahakari Bank Medankar Wadi
Haveli Sahakari Bank Medankar Wadi · Pune, Maharashtra
411164316 is the MICR code for the Haveli Sahakari Bank Medankar Wadi branch of Yes Bank, located in Pune, Maharashtra. 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 YESB0HSBLM1.
Bank
Yes Bank
Branch & Address
Haveli Sahakari Bank Medankar Wadi
Mega Centre Off no 14-18, Block 461, Pune Nasik Rd, Medankarwadi, Po Chakan, Tal Khed, Pune - 410501
Pune, Chakan, Maharashtra
Contact
+919226769466MICR Code Structure
411
City
164
Bank
316
Branch
City code 411 identifies the RBI clearing centre, bank code 164 identifies Yes Bank, and branch code 316 identifies this specific branch.
Online Payment Methods Supported
Other Yes Bank branches near Pune
Other banks in Pune, Maharashtra
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 (YESB0HSBLM1) 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 411164316 is in the middle, and your account number is on the right.