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IFSC Code of Yes Bank, The Satara Sahakari Bank Kandivali, Mumbai, Maharashtra — YESB0TSSB09

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 The Satara Sahakari Bank Kandivali 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 YESB0TSSB09. 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, The Satara Sahakari Bank Kandivali, Greater Bombay

Here are the key points that are associated with the IFSC Code YESB0TSSB09 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 YESB0TSSB09
Branch The Satara Sahakari Bank Kandivali
City Greater Bombay
District Mumbai
State Maharashtra
Address B-15 Saraf Choudhary Nagar, Thakur Complex, Kandivali East Mumbai 400101

These details helps 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 YESB0TSSB09 for the The Satara Sahakari Bank Kandivali 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, including Yes Bank located in The Satara Sahakari Bank Kandivali, Greater Bombay, Maharashtra, is provided with a unique IFSC like YESB0TSSB09 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Greater Bombay.
  • 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 Greater Bombay and Mumbai.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in The Satara Sahakari Bank Kandivali do not get mixed with another location.

Format of the IFSC Code YESB0TSSB09

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 The Satara Sahakari Bank Kandivali in Greater Bombay.

For example, the IFSC Code YESB0TSSB09 of Yes Bank for the The Satara Sahakari Bank Kandivali branch includes 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 YESB0TSSB09 of Yes Bank for its The Satara Sahakari Bank Kandivali 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 The Satara Sahakari Bank Kandivali or Greater Bombay to get the exact IFSC Code YESB0TSSB09.

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 YESB0TSSB09 for Online Transfers?

Once you have the IFSC Code YESB0TSSB09 for the The Satara Sahakari Bank Kandivali 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 YESB0TSSB09. 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 YESB0TSSB09.

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 The Satara Sahakari Bank Kandivali in Greater Bombay, it can result in delayed or failed transactions.

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 The Satara Sahakari Bank Kandivali, 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 Greater Bombay manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in The Satara Sahakari Bank Kandivali, Greater Bombay?

The IFSC Code is YESB0TSSB09.

Is the IFSC Code YESB0TSSB09 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank The Satara Sahakari Bank Kandivali?

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

What is the full address of the The Satara Sahakari Bank Kandivali branch?

The address of the branch is B-15 Saraf Choudhary Nagar, Thakur Complex, Kandivali East Mumbai 400101 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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