Yes Bank Mohol Urban Cooperative Bank LTD
Mohol Urban Cooperative Bank LTD · Solapur, Maharashtra
413889501 is the MICR code for the Mohol Urban Cooperative Bank LTD branch of Yes Bank, located in Solapur, 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 YESB00MUCB1.
Bank
Yes Bank
Branch & Address
Mohol Urban Cooperative Bank LTD
2263, Shivaji Chowk, Mohol, Dist Solapur 413213
Solapur, Mohol, Maharashtra
Contact
+912189232161MICR Code Structure
413
City
889
Bank
501
Branch
City code 413 identifies the RBI clearing centre, bank code 889 identifies Yes Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Yes Bank branches near Solapur
Other banks in Solapur, 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 (YESB00MUCB1) 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 413889501 is in the middle, and your account number is on the right.