Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Yes Bank for its Mizoram Coop Apex Bank Arm branch in Aizawl, Aizawl, Mizoram, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Yes Bank located in Aizawl or anywhere in Mizoram can transfer funds instantly by using the correct IFSC Code YESB0MAB014. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, Mizoram Coop Apex Bank Arm, Aizawl
Here are the main details that are associated with the IFSC Code YESB0MAB014 of Yes Bank for its branch located in Aizawl, within the district of Aizawl in the state of Mizoram.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0MAB014 |
| Branch | Mizoram Coop Apex Bank Arm |
| City | Aizawl |
| District | Aizawl |
| State | Mizoram |
| Address | Tuikual S Near Tennis Court Aizawl 796001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Aizawl for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0MAB014 for the Mizoram Coop Apex Bank Arm branch of Yes Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like YESB0MAB014 is given to every bank branch, including Yes Bank located in Mizoram Coop Apex Bank Arm, Aizawl, Mizoram, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Aizawl.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Aizawl and Aizawl.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Mizoram and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Mizoram Coop Apex Bank Arm doesn't end up at another location.
Format of the IFSC Code YESB0MAB014
The format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Yes Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mizoram Coop Apex Bank Arm in Aizawl.
For example, the IFSC Code YESB0MAB014 of Yes Bank for the Mizoram Coop Apex Bank Arm branch includes these elements, identifying the bank and the branch location in Aizawl and Mizoram accurately.
How to Find IFSC Code for Yes Bank?
To find the IFSC Code YESB0MAB014 of Yes Bank for its Mizoram Coop Apex Bank Arm branch located in Aizawl, the following methods can help you out:
Cheque Book
The cheque book issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Yes Bank branches in Aizawl and Aizawl, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Yes Bank and go to the branch locator section. Then search for Mizoram Coop Apex Bank Arm or Aizawl to find the exact IFSC Code YESB0MAB014.
Mobile Banking App
If you use Yes Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Yes Bank and Aizawl will provide accurate information.
How to Use IFSC Code YESB0MAB014 for Online Transfers?
Once you have the IFSC Code YESB0MAB014 for the Mizoram Coop Apex Bank Arm branch of Yes Bank in Aizawl, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0MAB014. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Yes Bank IFSC Code YESB0MAB014.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Mizoram Coop Apex Bank Arm in Aizawl may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Yes Bank in Mizoram Coop Apex Bank Arm, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Yes Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Aizawl to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0MAB014.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Tuikual S Near Tennis Court Aizawl 796001 located in Aizawl, Aizawl, Mizoram.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.