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 Sut Girni Chowk Chhatrapati Sambhaji Nagar branch in Chhatrapati Sambhaji Nagar, Chhatrapati Sambhaji Nagar, 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 Chhatrapati Sambhaji Nagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0001408. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Sut Girni Chowk Chhatrapati Sambhaji Nagar, Chhatrapati Sambhaji Nagar
Here are the main details that are associated with the IFSC Code YESB0001408 of Yes Bank for its branch located in Chhatrapati Sambhaji Nagar, within the district of Chhatrapati Sambhaji Nagar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0001408 |
| Branch | Sut Girni Chowk Chhatrapati Sambhaji Nagar |
| City | Chhatrapati Sambhaji Nagar |
| District | Chhatrapati Sambhaji Nagar |
| State | Maharashtra |
| Address | Ground Floor,Shop No.13,Space Olympia,Sut Girni Chowk,Chhatrapati Sambhaji Nagar(Aurangabad), Maharashtra - 431005 |
These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Chhatrapati Sambhaji Nagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0001408 for the Sut Girni Chowk Chhatrapati Sambhaji Nagar 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, including Yes Bank located in Sut Girni Chowk Chhatrapati Sambhaji Nagar, Chhatrapati Sambhaji Nagar, Maharashtra, is provided with a unique IFSC like YESB0001408 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Chhatrapati Sambhaji Nagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Chhatrapati Sambhaji Nagar and Chhatrapati Sambhaji Nagar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Sut Girni Chowk Chhatrapati Sambhaji Nagar do not get mixed with another location.
Format of the IFSC Code YESB0001408
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 Sut Girni Chowk Chhatrapati Sambhaji Nagar in Chhatrapati Sambhaji Nagar.
For example, the IFSC Code YESB0001408 of Yes Bank for the Sut Girni Chowk Chhatrapati Sambhaji Nagar branch includes these elements, identifying the bank and the branch location in Chhatrapati Sambhaji Nagar and Maharashtra accurately.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0001408 of Yes Bank for its Sut Girni Chowk Chhatrapati Sambhaji Nagar branch located in Chhatrapati Sambhaji Nagar, 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 Chhatrapati Sambhaji Nagar and Chhatrapati Sambhaji Nagar, 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 Sut Girni Chowk Chhatrapati Sambhaji Nagar or Chhatrapati Sambhaji Nagar to get the exact IFSC Code YESB0001408.
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 Chhatrapati Sambhaji Nagar, you'll get the correct details.
How to Use IFSC Code YESB0001408 for Online Transfers?
Once you have the IFSC Code YESB0001408 for the Sut Girni Chowk Chhatrapati Sambhaji Nagar branch of Yes Bank in Chhatrapati Sambhaji Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0001408. 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 YESB0001408.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Sut Girni Chowk Chhatrapati Sambhaji Nagar in Chhatrapati Sambhaji Nagar, 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 Sut Girni Chowk Chhatrapati Sambhaji Nagar, 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 Chhatrapati Sambhaji Nagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0001408.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor,Shop No.13,Space Olympia,Sut Girni Chowk,Chhatrapati Sambhaji Nagar(Aurangabad), Maharashtra - 431005 located in Chhatrapati Sambhaji Nagar, Chhatrapati Sambhaji Nagar, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.