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IFSC Code of Yes Bank, Meghalaya Coop Apex Bank Demthring, Shillong, Meghalaya — YESB0MCA049

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Yes Bank for its Meghalaya Coop Apex Bank Demthring branch in East Khasi Hills, Shillong, or Meghalaya, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Yes Bank located in East Khasi Hills or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code YESB0MCA049. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Meghalaya Coop Apex Bank Demthring, East Khasi Hills

Here are some of the key details that come with the IFSC Code YESB0MCA049 of Yes Bank for its branch located in East Khasi Hills, within the district of Shillong in the state of Meghalaya.

Particulars Details
Bank Yes Bank
IFSC Code YESB0MCA049
Branch Meghalaya Coop Apex Bank Demthring
City East Khasi Hills
District Shillong
State Meghalaya
Address Demthring Nongthimmai Shillong 793014

These details help users in online banking and for businesses and individuals who use Yes Bank in East Khasi Hills for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0MCA049 for the Meghalaya Coop Apex Bank Demthring branch of Yes Bank has a very 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 Meghalaya Coop Apex Bank Demthring, East Khasi Hills, Meghalaya, are given a unique IFSC like YESB0MCA049 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in East Khasi Hills.
  • 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 East Khasi Hills and Shillong.
  • 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 Meghalaya Coop Apex Bank Demthring goes to the correct branch. This is important because Yes Bank has thousands of branches in Meghalaya and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code YESB0MCA049

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 Meghalaya Coop Apex Bank Demthring in East Khasi Hills.

For example, the IFSC Code YESB0MCA049 of Yes Bank for the Meghalaya Coop Apex Bank Demthring branch includes these elements, identifying the bank and the branch location in East Khasi Hills and Meghalaya accurately.

How to Find IFSC Code for Yes Bank?

If you are looking for the IFSC Code YESB0MCA049 of Yes Bank for its Meghalaya Coop Apex Bank Demthring branch located in East Khasi Hills, 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 East Khasi Hills and Shillong, 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 Meghalaya Coop Apex Bank Demthring or East Khasi Hills to get the exact IFSC Code YESB0MCA049.

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 East Khasi Hills, then it will provide you proper information.

How to Use IFSC Code YESB0MCA049 for Online Transfers?

Once you have the IFSC Code YESB0MCA049 for the Meghalaya Coop Apex Bank Demthring branch of Yes Bank in East Khasi Hills, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0MCA049. 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 YESB0MCA049.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Meghalaya Coop Apex Bank Demthring in East Khasi Hills, your payment can get delayed or might not go through at all.

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 Meghalaya Coop Apex Bank Demthring, 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 East Khasi Hills manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Meghalaya Coop Apex Bank Demthring, East Khasi Hills?

The IFSC Code is YESB0MCA049.

Is the IFSC Code YESB0MCA049 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 Meghalaya Coop Apex Bank Demthring?

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 Meghalaya Coop Apex Bank Demthring branch?

The address of the branch is Demthring Nongthimmai Shillong 793014 located in East Khasi Hills, Shillong, Meghalaya.

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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