The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Yes Bank for its Akola Urban Coop Bank Daryapur branch in Amravati, Daryapur-Banosa, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Yes Bank located in Amravati or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0AUB018. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Akola Urban Coop Bank Daryapur, Amravati
Here are the main details that are associated with the IFSC Code YESB0AUB018 of Yes Bank for its branch located in Amravati, within the district of Daryapur-Banosa in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0AUB018 |
| Branch | Akola Urban Coop Bank Daryapur |
| City | Amravati |
| District | Daryapur-Banosa |
| State | Maharashtra |
| Address | Banosa Road, Daryapur 444803 |
These details help users in online banking and for businesses and individuals who use Yes Bank in Amravati for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0AUB018 for the Akola Urban Coop Bank Daryapur branch of Yes Bank has a very 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 Akola Urban Coop Bank Daryapur, Amravati, Maharashtra, are given a unique IFSC like YESB0AUB018 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Amravati.
- 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 Amravati and Daryapur-Banosa.
- 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 Akola Urban Coop Bank Daryapur goes to the correct branch. This is important because Yes Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code YESB0AUB018
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): These represent the bank code. In Yes Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Akola Urban Coop Bank Daryapur in Amravati.
For example, the IFSC Code YESB0AUB018 of Yes Bank for the Akola Urban Coop Bank Daryapur branch has these elements, identifying the bank and the branch location in Amravati and Maharashtra correctly.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0AUB018 of Yes Bank for its Akola Urban Coop Bank Daryapur branch located in Amravati, the following methods can help:
Cheque Book
The cheque book issued by Yes Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Yes Bank branches in Amravati and Daryapur-Banosa, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Yes Bank and navigate to the branch locator section. Search for Akola Urban Coop Bank Daryapur or Amravati to get the exact IFSC Code YESB0AUB018.
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 keeps an updated list of all IFSC codes. If you search for Yes Bank and Amravati, you'll get the correct details.
How to Use IFSC Code YESB0AUB018 for Online Transfers?
Once you have the IFSC Code YESB0AUB018 for the Akola Urban Coop Bank Daryapur branch of Yes Bank in Amravati, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0AUB018. 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 YESB0AUB018.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Akola Urban Coop Bank Daryapur in Amravati 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 Akola Urban Coop Bank Daryapur, 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 Amravati manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Akola Urban Coop Bank Daryapur Amravati branch is YESB0AUB018.
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 Banosa Road, Daryapur 444803.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.