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IFSC Code of Yes Bank, Sion, Mumbai, Mumbai, Maharashtra — YESB0000345

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 Sion, Mumbai branch in Greater Bombay, Mumbai, or Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0000345. 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, Sion, Mumbai, Greater Bombay

Here are the main details that are associated with the IFSC Code YESB0000345 of Yes Bank for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0000345
Branch Sion, Mumbai
City Greater Bombay
District Mumbai
State Maharashtra
Address Unit No. G-01 And G-02A, Ground, Floor,Value Enclave,Plot No.55A,Dr., Ambedkar Road,Sion, Mumbai, Maharashtra-400022

These details help users in online banking and for businesses and individuals who use Yes Bank in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000345 for the Sion, Mumbai 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 Sion, Mumbai, Greater Bombay, Maharashtra, are allotted a unique IFSC like YESB0000345 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Greater Bombay.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Greater Bombay and Mumbai.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Yes Bank in Sion, Mumbai reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code YESB0000345

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): These represent the bank code. In Yes Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sion, Mumbai in Greater Bombay.

For example, the IFSC Code YESB0000345 of Yes Bank for the Sion, Mumbai branch has these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0000345 of Yes Bank for its Sion, Mumbai branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Sion, Mumbai or Greater Bombay to get the exact IFSC Code YESB0000345.

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 Greater Bombay, you'll get the correct details.

How to Use IFSC Code YESB0000345 for Online Transfers?

Once you have the IFSC Code YESB0000345 for the Sion, Mumbai branch of Yes Bank in Greater Bombay, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0000345. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Yes Bank IFSC Code YESB0000345.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Yes Bank Sion, Mumbai in Greater Bombay, it can result in delayed or failed transactions.

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 Sion, Mumbai, 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 Greater Bombay to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Sion, Mumbai, Greater Bombay?

The IFSC Code is YESB0000345.

Is the IFSC Code YESB0000345 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 Sion, Mumbai?

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 Sion, Mumbai branch?

The address of the branch is Unit No. G-01 And G-02A, Ground, Floor,Value Enclave,Plot No.55A,Dr., Ambedkar Road,Sion, Mumbai, Maharashtra-400022 located in Greater Bombay, Mumbai, 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.

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