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 Shri Kanyaka Nagari Sahakari Bank Gadchiroli branch in Gadchiroli, Gadchiroli, 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 Gadchiroli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0SKNS08. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Shri Kanyaka Nagari Sahakari Bank Gadchiroli, Gadchiroli

Below in the table are the key details related to IFSC Code YESB0SKNS08 of Yes Bank for its branch located in Gadchiroli, within the district of Gadchiroli in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0SKNS08
Branch Shri Kanyaka Nagari Sahakari Bank Gadchiroli
City Gadchiroli
District Gadchiroli
State Maharashtra
Address Shree Sunil Poreddiwar Bldg Chamorshi Road Gadchiroli 442605

These details helps users in online banking and for businesses and individuals who use Yes Bank in Gadchiroli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0SKNS08 for the Shri Kanyaka Nagari Sahakari Bank Gadchiroli branch of Yes Bank plays a vital 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 Shri Kanyaka Nagari Sahakari Bank Gadchiroli, Gadchiroli, Maharashtra, are given a unique IFSC like YESB0SKNS08 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Gadchiroli.
  • 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 Gadchiroli and Gadchiroli.
  • 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 Shri Kanyaka Nagari Sahakari Bank Gadchiroli 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 YESB0SKNS08

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 Shri Kanyaka Nagari Sahakari Bank Gadchiroli in Gadchiroli.

For example, the IFSC Code YESB0SKNS08 of Yes Bank for the Shri Kanyaka Nagari Sahakari Bank Gadchiroli branch includes these elements, identifying the bank and the branch location in Gadchiroli and Maharashtra correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0SKNS08 of Yes Bank for its Shri Kanyaka Nagari Sahakari Bank Gadchiroli branch located in Gadchiroli, the following methods can help:

Cheque Book

The cheque books that are issued by Yes Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Yes Bank and find the branch locator section. Search for Shri Kanyaka Nagari Sahakari Bank Gadchiroli or Gadchiroli to get the exact IFSC Code YESB0SKNS08.

Mobile Banking App

If you use Yes Bank's mobile app, you can easily 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 to help you in searching for Yes Bank and Gadchiroli that will provide accurate information.

How to Use IFSC Code YESB0SKNS08 for Online Transfers?

Once you have the IFSC Code YESB0SKNS08 for the Shri Kanyaka Nagari Sahakari Bank Gadchiroli branch of Yes Bank in Gadchiroli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0SKNS08. 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 YESB0SKNS08.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Shri Kanyaka Nagari Sahakari Bank Gadchiroli in Gadchiroli, 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 Shri Kanyaka Nagari Sahakari Bank Gadchiroli, 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 Gadchiroli manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Shri Kanyaka Nagari Sahakari Bank Gadchiroli, Gadchiroli?

The IFSC Code is YESB0SKNS08.

Is the IFSC Code YESB0SKNS08 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank Shri Kanyaka Nagari Sahakari Bank Gadchiroli?

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

What is the full address of the Shri Kanyaka Nagari Sahakari Bank Gadchiroli branch?

The address of the branch is Shree Sunil Poreddiwar Bldg Chamorshi Road Gadchiroli 442605 located in Gadchiroli, Gadchiroli, Maharashtra.

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.