Yes Bank Koppal, Karnataka
Koppal, Karnataka · Koppal, Karnataka
583532403 is the MICR code for the Koppal, Karnataka branch of Yes Bank, located in Koppal, Karnataka. 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 YESB0000754.
Bank
Yes Bank
Branch & Address
Koppal, Karnataka
Gr Flr, Plot no 9, Mig 2nd/9, Municipal New no 7 2 269, Near Basaveshwar Circ, Koppal, Ka, 583231
Koppal, Koppal, Karnataka
Contact
+91853922223MICR Code Structure
583
City
532
Bank
403
Branch
City code 583 identifies the RBI clearing centre, bank code 532 identifies Yes Bank, and branch code 403 identifies this specific branch.
Online Payment Methods Supported
Other Yes Bank branches near Koppal
Other banks in Koppal, Karnataka
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 (YESB0000754) 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 583532403 is in the middle, and your account number is on the right.