Yes Bank Mayani Urban Cooperative Bank LTD
Mayani Urban Cooperative Bank LTD · Satara, Maharashtra
415858001 is the MICR code for the Mayani Urban Cooperative Bank LTD branch of Yes Bank, located in Satara, 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 YESB0MBL001.
Bank
Yes Bank
Branch & Address
Mayani Urban Cooperative Bank LTD
Main Road, Near St Stand, Satara - 415102
Satara, Mayani, Maharashtra
Contact
+912161270725MICR Code Structure
415
City
858
Bank
001
Branch
City code 415 identifies the RBI clearing centre, bank code 858 identifies Yes Bank, and branch code 001 identifies this specific branch.
Online Payment Methods Supported
Other Yes Bank branches near Satara
Other banks in Satara, 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 (YESB0MBL001) 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 415858001 is in the middle, and your account number is on the right.