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 Shri Kanyaka Nagari Sahakari Bank Rajura branch in Chandrapur, Rajura, Maharashtra, 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 Chandrapur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code YESB0SKNS14. 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, Shri Kanyaka Nagari Sahakari Bank Rajura, Chandrapur
Below in the table are the key details related to IFSC Code YESB0SKNS14 of Yes Bank for its branch located in Chandrapur, within the district of Rajura in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0SKNS14 |
| Branch | Shri Kanyaka Nagari Sahakari Bank Rajura |
| City | Chandrapur |
| District | Rajura |
| State | Maharashtra |
| Address | Swayamvar Mangal Karyalay Rajura Chandrapur442905 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Chandrapur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0SKNS14 for the Shri Kanyaka Nagari Sahakari Bank Rajura branch of Yes Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in Shri Kanyaka Nagari Sahakari Bank Rajura, Chandrapur, Maharashtra, is provided a unique IFSC like YESB0SKNS14 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Yes Bank branch in Chandrapur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Chandrapur and Rajura.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in Shri Kanyaka Nagari Sahakari Bank Rajura do not get misguided to another person.
Format of the IFSC Code YESB0SKNS14
This is the format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Yes Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shri Kanyaka Nagari Sahakari Bank Rajura in Chandrapur.
For example, the IFSC Code YESB0SKNS14 of Yes Bank for the Shri Kanyaka Nagari Sahakari Bank Rajura branch includes these elements, identifying the bank and the branch location in Chandrapur and Maharashtra accurately.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0SKNS14 of Yes Bank for its Shri Kanyaka Nagari Sahakari Bank Rajura branch located in Chandrapur, 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
You can easily find the IFSC and MICR codes because most banks, including Yes Bank branches in Chandrapur and Rajura, print them 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 Shri Kanyaka Nagari Sahakari Bank Rajura or Chandrapur to get the exact IFSC Code YESB0SKNS14.
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 Chandrapur, you'll get the correct details.
How to Use IFSC Code YESB0SKNS14 for Online Transfers?
Once you have the IFSC Code YESB0SKNS14 for the Shri Kanyaka Nagari Sahakari Bank Rajura branch of Yes Bank in Chandrapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0SKNS14. The transfer is completed in batches instead of instantly. It is useful for both 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 YESB0SKNS14.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Shri Kanyaka Nagari Sahakari Bank Rajura in Chandrapur, 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 Shri Kanyaka Nagari Sahakari Bank Rajura, 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 Chandrapur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0SKNS14.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Swayamvar Mangal Karyalay Rajura Chandrapur442905 located in Chandrapur, Rajura, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.