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 Bahraich branch in Bahraich, Bahraich, Uttar Pradesh, 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 Bahraich or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code YESB0001266. 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, Bahraich, Bahraich

Here are the key points that are associated with the IFSC Code YESB0001266 of Yes Bank for its branch located in Bahraich, within the district of Bahraich in the state of Uttar Pradesh.

Particulars Details
Bank Yes Bank
IFSC Code YESB0001266
Branch Bahraich
City Bahraich
District Bahraich
State Uttar Pradesh
Address Upper Ground Floor,Gata No.2558,House No.481,Pani Tanki Choraha,Mohalla,Khatripura,Civil Lines,Bahraich,Uttar Pradesh-271801

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Bahraich for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0001266 for the Bahraich 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 that is provided by the Reserve Bank of India. A unique IFSC like YESB0001266 is given to every bank branch, including Yes Bank located in Bahraich, Bahraich, Uttar Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Bahraich.
  • 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 Bahraich and Bahraich.
  • 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Bahraich doesn't end up at another location.

Format of the IFSC Code YESB0001266

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 Bahraich in Bahraich.

For example, the IFSC Code YESB0001266 of Yes Bank for the Bahraich branch has these elements, identifying the bank and the branch location in Bahraich and Uttar Pradesh correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0001266 of Yes Bank for its Bahraich branch located in Bahraich, 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 Bahraich and Bahraich, 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 Bahraich or Bahraich to get the exact IFSC Code YESB0001266.

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 Bahraich, you'll get the correct details.

How to Use IFSC Code YESB0001266 for Online Transfers?

Once you have the IFSC Code YESB0001266 for the Bahraich branch of Yes Bank in Bahraich, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0001266. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 YESB0001266.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Bahraich in Bahraich, 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 Bahraich, 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 Bahraich to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank Bahraich Bahraich?

The IFSC Code of the Bahraich Bahraich branch is YESB0001266.

Is IFSC Code YESB0001266 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 Bahraich branch?

The branch is located at Upper Ground Floor,Gata No.2558,House No.481,Pani Tanki Choraha,Mohalla,Khatripura,Civil Lines,Bahraich,Uttar Pradesh-271801.

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.