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 Ltd Khawzawl branch in Champhai, Khawzawl, 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 Champhai or anywhere in Mizoram can easily transfer funds instantly by using the correct IFSC Code YESB0MAB019. 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 Ltd Khawzawl, Champhai

Here are the key points that are associated with the IFSC Code YESB0MAB019 of Yes Bank for its branch located in Champhai, within the district of Khawzawl in the state of Mizoram.

Particulars Details
Bank Yes Bank
IFSC Code YESB0MAB019
Branch Mizoram Coop Apex Bank Ltd Khawzawl
City Champhai
District Khawzawl
State Mizoram
Address Khawzawl, Khawzawl Vengthar, Presbyterian Church Building, Champhai 796310

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Champhai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0MAB019 for the Mizoram Coop Apex Bank Ltd Khawzawl 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 provided by the Reserve Bank of India. Every bank branch, along with Yes Bank located in Mizoram Coop Apex Bank Ltd Khawzawl, Champhai, Mizoram, are allotted a unique IFSC like YESB0MAB019 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Champhai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Champhai and Khawzawl.
  • 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 Mizoram Coop Apex Bank Ltd Khawzawl reaches the right place, even though there are thousands of branches in Mizoram and across India.

Format of the IFSC Code YESB0MAB019

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): Show the bank code. For Yes Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mizoram Coop Apex Bank Ltd Khawzawl in Champhai.

For example, the IFSC Code YESB0MAB019 of Yes Bank for the Mizoram Coop Apex Bank Ltd Khawzawl branch includes these elements, identifying the bank and the branch location in Champhai and Mizoram accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0MAB019 of Yes Bank for its Mizoram Coop Apex Bank Ltd Khawzawl branch located in Champhai, the following methods can help:

Cheque Book

The cheque books that are issued by Yes Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Yes Bank branches in Champhai and Khawzawl, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Yes Bank and find the branch locator section. Search for Mizoram Coop Apex Bank Ltd Khawzawl or Champhai to get the exact IFSC Code YESB0MAB019.

Mobile Banking App

If you use Yes Bank's mobile app, you can easily 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 to help you in searching for Yes Bank and Champhai that will provide accurate information.

How to Use IFSC Code YESB0MAB019 for Online Transfers?

Once you have the IFSC Code YESB0MAB019 for the Mizoram Coop Apex Bank Ltd Khawzawl branch of Yes Bank in Champhai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0MAB019. 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 YESB0MAB019.

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 Ltd Khawzawl in Champhai 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 Mizoram Coop Apex Bank Ltd Khawzawl, 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 Champhai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Mizoram Coop Apex Bank Ltd Khawzawl, Champhai?

The IFSC Code is YESB0MAB019.

Is the IFSC Code YESB0MAB019 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank Mizoram Coop Apex Bank Ltd Khawzawl?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mizoram Coop Apex Bank Ltd Khawzawl branch?

The address of the branch is Khawzawl, Khawzawl Vengthar, Presbyterian Church Building, Champhai 796310 located in Champhai, Khawzawl, Mizoram.

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.