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 Chikhli Urban Coop Bank Satara Parisar branch in Aurangabad, Aurangabad, 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 Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0CCUB25. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Chikhli Urban Coop Bank Satara Parisar, Aurangabad

Here are the key points that are associated with the IFSC Code YESB0CCUB25 of Yes Bank for its branch located in Aurangabad, within the district of Aurangabad in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0CCUB25
Branch Chikhli Urban Coop Bank Satara Parisar
City Aurangabad
District Aurangabad
State Maharashtra
Address Disha Gharkul, Deolai Road Pin 431005

These details help users in online banking and for businesses and individuals who use Yes Bank in Aurangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0CCUB25 for the Chikhli Urban Coop Bank Satara Parisar 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 that is provided by the Reserve Bank of India. A unique IFSC like YESB0CCUB25 is given to every bank branch, including Yes Bank located in Chikhli Urban Coop Bank Satara Parisar, Aurangabad, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Aurangabad.
  • 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 Aurangabad and Aurangabad.
  • 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Chikhli Urban Coop Bank Satara Parisar doesn't end up at another location.

Format of the IFSC Code YESB0CCUB25

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 Chikhli Urban Coop Bank Satara Parisar in Aurangabad.

For example, the IFSC Code YESB0CCUB25 of Yes Bank for the Chikhli Urban Coop Bank Satara Parisar branch has these elements, identifying the bank and the branch location in Aurangabad and Maharashtra correctly.

How to Find IFSC Code for Yes Bank?

To find the IFSC Code YESB0CCUB25 of Yes Bank for its Chikhli Urban Coop Bank Satara Parisar branch located in Aurangabad, 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 Aurangabad and Aurangabad, 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 Chikhli Urban Coop Bank Satara Parisar or Aurangabad to find the exact IFSC Code YESB0CCUB25.

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 Aurangabad will provide accurate information.

How to Use IFSC Code YESB0CCUB25 for Online Transfers?

Once you have the IFSC Code YESB0CCUB25 for the Chikhli Urban Coop Bank Satara Parisar branch of Yes Bank in Aurangabad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0CCUB25. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Yes Bank IFSC Code YESB0CCUB25.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Yes Bank Chikhli Urban Coop Bank Satara Parisar in Aurangabad, it can 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 Chikhli Urban Coop Bank Satara Parisar, 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 Aurangabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Chikhli Urban Coop Bank Satara Parisar, Aurangabad?

The IFSC Code is YESB0CCUB25.

Is the IFSC Code YESB0CCUB25 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank Chikhli Urban Coop Bank Satara Parisar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Chikhli Urban Coop Bank Satara Parisar branch?

The address of the branch is Disha Gharkul, Deolai Road Pin 431005 located in Aurangabad, Aurangabad, Maharashtra.

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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