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 Berhampur branch in Ganjam, Berhampur, or Odisha, 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 Ganjam or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code YESB0001255. 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, Berhampur, Ganjam
Here are some of the key details that come with the IFSC Code YESB0001255 of Yes Bank for its branch located in Ganjam, within the district of Berhampur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0001255 |
| Branch | Berhampur |
| City | Ganjam |
| District | Berhampur |
| State | Odisha |
| Address | Ground Floor,Plot No.187/1124 Ramalingam Tank Road,Berhampur -760 001 |
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 YESB0001255 for the Berhampur 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, Ganjam, Odisha, is provided a unique IFSC like YESB0001255 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 Berhampur.
- 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 do not get misguided to another person.
Format of the IFSC Code YESB0001255
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 Berhampur in Ganjam.
For example, the IFSC Code YESB0001255 of Yes Bank for the Berhampur branch includes these elements, identifying the bank and the branch location in Ganjam and Odisha accurately.
How to Find IFSC Code for Yes Bank?
To find the IFSC Code YESB0001255 of Yes Bank for its Berhampur branch located in Ganjam, 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 Ganjam and Berhampur, 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 Berhampur or Ganjam to find the exact IFSC Code YESB0001255.
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 Ganjam will provide accurate information.
How to Use IFSC Code YESB0001255 for Online Transfers?
Once you have the IFSC Code YESB0001255 for the Berhampur 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 YESB0001255. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹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 YESB0001255.
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 in Ganjam, 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 Berhampur, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Ganjam to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Berhampur Ganjam branch is YESB0001255.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor,Plot No.187/1124 Ramalingam Tank Road,Berhampur -760 001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.