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 Rekabganz, Faizabad branch in Faizabad, Faizabad, Uttar Pradesh, 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 Faizabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code YESB0000952. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Rekabganz, Faizabad, Faizabad
Here are the key points that are associated with the IFSC Code YESB0000952 of Yes Bank for its branch located in Faizabad, within the district of Faizabad in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000952 |
| Branch | Rekabganz, Faizabad |
| City | Faizabad |
| District | Faizabad |
| State | Uttar Pradesh |
| Address | Ugf, Mukut Complex, Rekabganj, Faizabad - 224001 Up |
These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Faizabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0000952 for the Rekabganz, Faizabad 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 Rekabganz, Faizabad, Faizabad, Uttar Pradesh, is provided with a unique IFSC like YESB0000952 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Faizabad.
- 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 Faizabad and Faizabad.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Rekabganz, Faizabad do not get mixed with another location.
Format of the IFSC Code YESB0000952
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 Rekabganz, Faizabad in Faizabad.
For example, the IFSC Code YESB0000952 of Yes Bank for the Rekabganz, Faizabad branch includes these elements, identifying the bank and the branch location in Faizabad and Uttar Pradesh accurately.
How to Find IFSC Code for Yes Bank?
To find the IFSC Code YESB0000952 of Yes Bank for its Rekabganz, Faizabad branch located in Faizabad, the following methods can help you out:
Cheque Book
The cheque book issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Yes Bank branches in Faizabad and Faizabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Yes Bank and go to the branch locator section. Then search for Rekabganz, Faizabad or Faizabad to find the exact IFSC Code YESB0000952.
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 maintains an updated database of all IFSC codes. Searching for Yes Bank and Faizabad will provide accurate information.
How to Use IFSC Code YESB0000952 for Online Transfers?
Once you have the IFSC Code YESB0000952 for the Rekabganz, Faizabad branch of Yes Bank in Faizabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0000952. 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 YESB0000952.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Rekabganz, Faizabad in Faizabad, 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 Rekabganz, Faizabad, 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 Faizabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0000952.
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 Ugf, Mukut Complex, Rekabganj, Faizabad - 224001 Up located in Faizabad, Faizabad, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.