Yes Bank Indore Cloth Market Co-op Bank LTD Devi Ahilya New Cloth Market Branch
Indore Cloth Market Co-op Bank LTD Devi Ahilya New Cloth Market Branch · Indore, Madhya Pradesh
452278006 is the MICR code for the Indore Cloth Market Co-op Bank LTD Devi Ahilya New Cloth Market Branch branch of Yes Bank, located in Indore, Madhya Pradesh. 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 YESB0ICMB07.
Bank
Yes Bank
Branch & Address
Indore Cloth Market Co-op Bank LTD Devi Ahilya New Cloth Market Branch
332, Devi Ahilya New Cloth Market Kesharbag Road, Indore
Indore, Indore, Madhya Pradesh
Contact
+917312997500MICR Code Structure
452
City
278
Bank
006
Branch
City code 452 identifies the RBI clearing centre, bank code 278 identifies Yes Bank, and branch code 006 identifies this specific branch.
Online Payment Methods Supported
Other Yes Bank branches near Indore
Other banks in Indore, Madhya Pradesh
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 (YESB0ICMB07) 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 452278006 is in the middle, and your account number is on the right.