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IFSC Code of Yes Bank, Mizoram Coop Apex Bank Main Branch, Aizawl, Mizoram — YESB0MAB002

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Yes Bank for its Mizoram Coop Apex Bank Main Branch branch in Aizawl, Aizawl, Mizoram, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Yes Bank situated in Aizawl or anywhere in Mizoram can easily transfer funds instantly by using the correct IFSC Code YESB0MAB002. You should 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 Main Branch, Aizawl

Here are some of the key details that come with the IFSC Code YESB0MAB002 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 YESB0MAB002
Branch Mizoram Coop Apex Bank Main Branch
City Aizawl
District Aizawl
State Mizoram
Address Treasury Square, Mizoram 796001

These details helps users in online banking and for businesses and individuals who use Yes Bank in Aizawl for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0MAB002 for the Mizoram Coop Apex Bank Main Branch branch of Yes Bank plays a vital 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 Main Branch, Aizawl, Mizoram, are given a unique IFSC like YESB0MAB002 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 any kind of 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 helps ensure that any money sent to Yes Bank in Mizoram Coop Apex Bank Main Branch goes to the correct branch. This is important because Yes Bank has thousands of branches in Mizoram and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code YESB0MAB002

The format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Yes Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mizoram Coop Apex Bank Main Branch in Aizawl.

For example, the IFSC Code YESB0MAB002 of Yes Bank for the Mizoram Coop Apex Bank Main Branch branch includes these elements, identifying the bank and the branch location in Aizawl and Mizoram accurately.

How to Find IFSC Code for Yes Bank?

If you are looking for the IFSC Code YESB0MAB002 of Yes Bank for its Mizoram Coop Apex Bank Main Branch 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 Main Branch or Aizawl to get the exact IFSC Code YESB0MAB002.

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 YESB0MAB002 for Online Transfers?

Once you have the IFSC Code YESB0MAB002 for the Mizoram Coop Apex Bank Main Branch 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 YESB0MAB002. 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 YESB0MAB002.

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 Main Branch in Aizawl may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Yes Bank in Mizoram Coop Apex Bank Main Branch, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Aizawl manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank Mizoram Coop Apex Bank Main Branch Aizawl?

The IFSC Code of the Mizoram Coop Apex Bank Main Branch Aizawl branch is YESB0MAB002.

Is IFSC Code YESB0MAB002 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Yes Bank Mizoram Coop Apex Bank Main Branch branch?

The branch is located at Treasury Square, Mizoram 796001.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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