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 Wana Nagrik Sahakari Bank Ltd., Madheli branch in Chandrapur, Warora, 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 Chandrapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0WANA11. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Wana Nagrik Sahakari Bank Ltd., Madheli, Chandrapur

Below in the table are the key details related to IFSC Code YESB0WANA11 of Yes Bank for its branch located in Chandrapur, within the district of Warora in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0WANA11
Branch Wana Nagrik Sahakari Bank Ltd., Madheli
City Chandrapur
District Warora
State Maharashtra
Address Wana Nagrik Sahakari Bank Ltd. Bazar Line, Madheli Tah. Warora Dist Chandrapur Pin Code 442907

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 YESB0WANA11 for the Wana Nagrik Sahakari Bank Ltd., Madheli branch of Yes Bank has 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 Wana Nagrik Sahakari Bank Ltd., Madheli, Chandrapur, Maharashtra, are given a unique IFSC like YESB0WANA11 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Chandrapur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Chandrapur and Warora.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Yes Bank in Wana Nagrik Sahakari Bank Ltd., Madheli goes to the correct branch. This is important because Yes Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code YESB0WANA11

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 Wana Nagrik Sahakari Bank Ltd., Madheli in Chandrapur.

For example, the IFSC Code YESB0WANA11 of Yes Bank for the Wana Nagrik Sahakari Bank Ltd., Madheli 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 looking for the IFSC Code YESB0WANA11 of Yes Bank for its Wana Nagrik Sahakari Bank Ltd., Madheli branch located in Chandrapur, the following methods can help:

Cheque Book

The cheque book that is issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Yes Bank and look for the branch locator section, then search for Wana Nagrik Sahakari Bank Ltd., Madheli or Chandrapur to get the exact IFSC Code YESB0WANA11.

Mobile Banking App

If you use Yes Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Yes Bank and Chandrapur, then it will provide you proper information.

How to Use IFSC Code YESB0WANA11 for Online Transfers?

If you have the IFSC Code YESB0WANA11 for the Wana Nagrik Sahakari Bank Ltd., Madheli branch of Yes Bank in Chandrapur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0WANA11. 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 YESB0WANA11.

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 Wana Nagrik Sahakari Bank Ltd., Madheli in Chandrapur, 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 Wana Nagrik Sahakari Bank Ltd., Madheli, 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 Chandrapur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank Wana Nagrik Sahakari Bank Ltd., Madheli Chandrapur?

The IFSC Code of the Wana Nagrik Sahakari Bank Ltd., Madheli Chandrapur branch is YESB0WANA11.

Is IFSC Code YESB0WANA11 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 Wana Nagrik Sahakari Bank Ltd., Madheli branch?

The branch is located at Wana Nagrik Sahakari Bank Ltd. Bazar Line, Madheli Tah. Warora Dist Chandrapur Pin Code 442907.

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.