Yes Bank Vaijapur Merchants Bank Hudco
Vaijapur Merchants Bank Hudco · Aurangabad, Maharashtra
431814003 is the MICR code for the Vaijapur Merchants Bank Hudco branch of Yes Bank, located in Aurangabad, 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 YESB0VMCB06.
Bank
Yes Bank
Branch & Address
Vaijapur Merchants Bank Hudco
Aashirwad Bldg Cidco Aurangabad 431003
Aurangabad, Aurangabad, Maharashtra
Contact
+919422208312MICR Code Structure
431
City
814
Bank
003
Branch
City code 431 identifies the RBI clearing centre, bank code 814 identifies Yes Bank, and branch code 003 identifies this specific branch.
Online Payment Methods Supported
Other Yes Bank branches near Aurangabad
Other banks in Aurangabad, 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 (YESB0VMCB06) 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 431814003 is in the middle, and your account number is on the right.