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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Yes Bank for its Mizoram Coop Apex Bank Dwarpui branch in Aizawl, Aizawl, or Mizoram, this guide will help you with all the details.
There have been major changes in the banking sector 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 YESB0MAB003. 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 Dwarpui, Aizawl
Here are the main details that are associated with the IFSC Code YESB0MAB003 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 | YESB0MAB003 |
| Branch | Mizoram Coop Apex Bank Dwarpui |
| City | Aizawl |
| District | Aizawl |
| State | Mizoram |
| Address | Bara Bazar, Dwarpui, Mizoram 796001 |
These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Aizawl for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0MAB003 for the Mizoram Coop Apex Bank Dwarpui branch of Yes Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Yes Bank located in Mizoram Coop Apex Bank Dwarpui, Aizawl, Mizoram, are allotted a unique IFSC like YESB0MAB003 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Aizawl.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Aizawl and Aizawl.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Yes Bank in Mizoram Coop Apex Bank Dwarpui reaches the right place, even though there are thousands of branches in Mizoram and across India.
Format of the IFSC Code YESB0MAB003
The format of the IFSC Code for banks, including Yes Bank, has 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 Dwarpui in Aizawl.
For example, the IFSC Code YESB0MAB003 of Yes Bank for the Mizoram Coop Apex Bank Dwarpui branch includes these elements, identifying the bank and the branch location in Aizawl and Mizoram correctly.
How to Find IFSC Code for Yes Bank?
If you are looking for the IFSC Code YESB0MAB003 of Yes Bank for its Mizoram Coop Apex Bank Dwarpui branch located in Aizawl, the following methods can help:
Cheque Book
The cheque book that is issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Yes Bank branches in Aizawl and Aizawl, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Yes Bank and look for the branch locator section, then search for Mizoram Coop Apex Bank Dwarpui or Aizawl to get the exact IFSC Code YESB0MAB003.
Mobile Banking App
If you use Yes Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Yes Bank and Aizawl, then it will provide you proper information.
How to Use IFSC Code YESB0MAB003 for Online Transfers?
Once you have the IFSC Code YESB0MAB003 for the Mizoram Coop Apex Bank Dwarpui branch of Yes Bank in Aizawl, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0MAB003. The transfer is completed in batches instead of instantly. It is useful for both 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 YESB0MAB003.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Mizoram Coop Apex Bank Dwarpui in Aizawl, your payment can get delayed or might not go through at all.
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 Dwarpui, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Aizawl manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mizoram Coop Apex Bank Dwarpui Aizawl branch is YESB0MAB003.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Bara Bazar, Dwarpui, Mizoram 796001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.