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 Bhandara Dccb Gobarwahi branch in Bhandara, Gobarwahi, 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 Bhandara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0BHN012. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Bhandara Dccb Gobarwahi, Bhandara
Below in the table are the key details related to IFSC Code YESB0BHN012 of Yes Bank for its branch located in Bhandara, within the district of Gobarwahi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0BHN012 |
| Branch | Bhandara Dccb Gobarwahi |
| City | Bhandara |
| District | Gobarwahi |
| State | Maharashtra |
| Address | At Post Gobarwahi 441907 |
These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Bhandara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0BHN012 for the Bhandara Dccb Gobarwahi branch of Yes Bank is vital.
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 Bhandara Dccb Gobarwahi, Bhandara, Maharashtra, are allotted a unique IFSC like YESB0BHN012 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhandara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bhandara and Gobarwahi.
- 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 Bhandara Dccb Gobarwahi reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code YESB0BHN012
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 Bhandara Dccb Gobarwahi in Bhandara.
For example, the IFSC Code YESB0BHN012 of Yes Bank for the Bhandara Dccb Gobarwahi branch includes these elements, identifying the bank and the branch location in Bhandara and Maharashtra accurately.
How to Find IFSC Code for Yes Bank?
To find the IFSC Code YESB0BHN012 of Yes Bank for its Bhandara Dccb Gobarwahi branch located in Bhandara, 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 Bhandara and Gobarwahi, 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 Bhandara Dccb Gobarwahi or Bhandara to find the exact IFSC Code YESB0BHN012.
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 Bhandara will provide accurate information.
How to Use IFSC Code YESB0BHN012 for Online Transfers?
If you have the IFSC Code YESB0BHN012 for the Bhandara Dccb Gobarwahi branch of Yes Bank in Bhandara, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0BHN012. Transfers are processed in batches. 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. Asks for the recipient's account details and Yes Bank IFSC Code YESB0BHN012.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Yes Bank Bhandara Dccb Gobarwahi in Bhandara, it 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 Bhandara Dccb Gobarwahi, 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 Bhandara manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0BHN012.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Post Gobarwahi 441907 located in Bhandara, Gobarwahi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.