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IFSC Code of Yes Bank, Mahanadi Vihar, Cuttack, Cuttack, Odisha — YESB0001345

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 Mahanadi Vihar, Cuttack branch in Cuttack, Cuttack, Odisha, 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 Cuttack or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code YESB0001345. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Mahanadi Vihar, Cuttack, Cuttack

Here are the key points that are associated with the IFSC Code YESB0001345 of Yes Bank for its branch located in Cuttack, within the district of Cuttack in the state of Odisha.

Particulars Details
Bank Yes Bank
IFSC Code YESB0001345
Branch Mahanadi Vihar, Cuttack
City Cuttack
District Cuttack
State Odisha
Address Ground Floor, Plot No.658, Mahanadi Vihar, Cuttack, Odisha-753 004

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Cuttack for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0001345 for the Mahanadi Vihar, Cuttack 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 that is provided by the Reserve Bank of India. A unique IFSC like YESB0001345 is given to every bank branch, including Yes Bank located in Mahanadi Vihar, Cuttack, Cuttack, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Cuttack.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Cuttack and Cuttack.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Mahanadi Vihar, Cuttack doesn't end up at another location.

Format of the IFSC Code YESB0001345

The format of the IFSC Code for banks, including Yes Bank, has 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 Mahanadi Vihar, Cuttack in Cuttack.

For example, the IFSC Code YESB0001345 of Yes Bank for the Mahanadi Vihar, Cuttack branch includes these elements, identifying the bank and the branch location in Cuttack and Odisha correctly.

How to Find IFSC Code for Yes Bank?

If you are looking for the IFSC Code YESB0001345 of Yes Bank for its Mahanadi Vihar, Cuttack branch located in Cuttack, 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 Cuttack and Cuttack, 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 Mahanadi Vihar, Cuttack or Cuttack to get the exact IFSC Code YESB0001345.

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 Cuttack, then it will provide you proper information.

How to Use IFSC Code YESB0001345 for Online Transfers?

Once you have the IFSC Code YESB0001345 for the Mahanadi Vihar, Cuttack branch of Yes Bank in Cuttack, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0001345. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Yes Bank IFSC Code YESB0001345.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Yes Bank Mahanadi Vihar, Cuttack in Cuttack, it can 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 Mahanadi Vihar, Cuttack, 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 Cuttack manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Mahanadi Vihar, Cuttack, Cuttack?

The IFSC Code is YESB0001345.

Is the IFSC Code YESB0001345 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Yes Bank Mahanadi Vihar, Cuttack?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Mahanadi Vihar, Cuttack branch?

The address of the branch is Ground Floor, Plot No.658, Mahanadi Vihar, Cuttack, Odisha-753 004 located in Cuttack, Cuttack, Odisha.

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.

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