YESB0LNSB07 IFSC Code for Yes Bank Ltd Lokvikas Nagari Sah Bank Waluj branch located at Maharashtra state, Aurangabad district, Waluj, and branch Address is Plot No. 74, Kalda Corner, Opp. Colgate Company, Fdc Chowk, Midc Waluj, Aurangabad 431136, Branch Contact numbers Jitendra Aherrao 02402553006 Branch code is LNSB07 last six characters of the IFSC Code.
Branch Information Last updated Aug 29, 2013
IFSC: YESB0LNSB07
MICR:
431661007
Branch Code: LNSB07
Address: PLOT NO. 74, KALDA CORNER, OPP. COLGATE COMPANY, FDC CHOWK, MIDC WALUJ, AURANGABAD 431136
Contact: JITENDRA AHERRAO 02402553006
Map Location of Waluj, Aurangabad, Maharashtra
What is IFSC Code YESB0LNSB07?
IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system.
This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch.
The 5th character is 0 (zero).
IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.
IFSC is 11 alpha numeric characters code assigned by Reserve Bank of India to bank branches for facilitating online money / fund transfer using NEFT, RTGS or ECS between two bank accounts.
- The code consists of 11 Characters : (YESB0LNSB07) 11 alpha numeric characters code assigned by Reserve Bank of India to Yes Bank Ltd Lokvikas Nagari Sah Bank Waluj Branch
- First 4 characters represent the entity (YESB0LNSB07)
- Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0LNSB07)
- Last 6 character denotes the branch identity (ICIC0LNSB07)
What is MICR Code 431661007?
Magnetic ink character recognition (MICR) is a character recognition technology used primarily by the banking industry to facilitate the processing of cheques.
MICR characters are printed in special typefaces with a magnetic ink or toner, usually containing iron oxide. A special machine is used to read these characters, which can be easily read by humans too.
The characters are usually printed on the bottom strip of cheque leaf.
This MICR code is used By RBI (Reserve bank Of India) clearing process to identify the branch and bank for clearing processes.
MICR 431661007 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.
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