Yes Bank Annasaheb Magar Sahakari Bank Maryadit Sangamner Branch
Annasaheb Magar Sahakari Bank Maryadit Sangamner Branch · Ahmednagar, Maharashtra
422878201 is the MICR code for the Annasaheb Magar Sahakari Bank Maryadit Sangamner Branch branch of Yes Bank, located in Ahmednagar, 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 YESB0ASMB08.
Bank
Yes Bank
Branch & Address
Annasaheb Magar Sahakari Bank Maryadit Sangamner Branch
Sarve no 143, Veer Savarkar Road, Tal Sangamner, Dist Ahmednagar -422605
Ahmednagar, Sangamner, Maharashtra
Contact
+912425222325MICR Code Structure
422
City
878
Bank
201
Branch
City code 422 identifies the RBI clearing centre, bank code 878 identifies Yes Bank, and branch code 201 identifies this specific branch.
Online Payment Methods Supported
Other Yes Bank branches near Ahmednagar
Other banks in Ahmednagar, 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 (YESB0ASMB08) 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 422878201 is in the middle, and your account number is on the right.