There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Yes Bank for its Berhampur Coop Urban Bank Ltd branch in Ganjam, Brahmapur, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Yes Bank situated in Ganjam or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code YESB0BAMCUB. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, Berhampur Coop Urban Bank Ltd, Ganjam
Here are the key points that are associated with the IFSC Code YESB0BAMCUB of Yes Bank for its branch located in Ganjam, within the district of Brahmapur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0BAMCUB |
| Branch | Berhampur Coop Urban Bank Ltd |
| City | Ganjam |
| District | Brahmapur |
| State | Odisha |
| Address | Near Purana Market, Berhampur - 760001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Ganjam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0BAMCUB for the Berhampur Coop Urban Bank Ltd branch of Yes Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in Berhampur Coop Urban Bank Ltd, Ganjam, Odisha, is provided a unique IFSC like YESB0BAMCUB so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Yes Bank branch in Ganjam.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Ganjam and Brahmapur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in Berhampur Coop Urban Bank Ltd do not get misguided to another person.
Format of the IFSC Code YESB0BAMCUB
The format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Yes Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Berhampur Coop Urban Bank Ltd in Ganjam.
For example, the IFSC Code YESB0BAMCUB of Yes Bank for the Berhampur Coop Urban Bank Ltd branch includes these elements, identifying the bank and the branch location in Ganjam and Odisha accurately.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0BAMCUB of Yes Bank for its Berhampur Coop Urban Bank Ltd branch located in Ganjam, 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
You can easily find the IFSC and MICR codes because most banks, including Yes Bank branches in Ganjam and Brahmapur, print them 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 Berhampur Coop Urban Bank Ltd or Ganjam to get the exact IFSC Code YESB0BAMCUB.
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 Ganjam, you'll get the correct details.
How to Use IFSC Code YESB0BAMCUB for Online Transfers?
Once you have the IFSC Code YESB0BAMCUB for the Berhampur Coop Urban Bank Ltd branch of Yes Bank in Ganjam, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0BAMCUB. 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 YESB0BAMCUB.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Berhampur Coop Urban Bank Ltd in Ganjam, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Yes Bank in Berhampur Coop Urban Bank Ltd, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Yes Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Ganjam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0BAMCUB.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Near Purana Market, Berhampur - 760001 located in Ganjam, Brahmapur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.