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 Kharghar 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 YESB0TSSB15. 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 Kharghar, Greater Bombay
The table below shows the main details of the IFSC Code YESB0TSSB15 for the Yes Bank branch in Greater Bombay, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0TSSB15 |
| Branch | The Satara Sahakari Bank Kharghar |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Neelsiddi Arcade Krupa Coop Hsg Soc Ltd, Plot No E/1A, Shop 2, Sec 12, Kharghar, Navi Mumbai 410210 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Greater Bombay for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0TSSB15 for the The Satara Sahakari Bank Kharghar branch of Yes Bank has an 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 The Satara Sahakari Bank Kharghar, Greater Bombay, Maharashtra, are allotted a unique IFSC like YESB0TSSB15 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 The Satara Sahakari Bank Kharghar reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code YESB0TSSB15
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 The Satara Sahakari Bank Kharghar in Greater Bombay.
For example, the IFSC Code YESB0TSSB15 of Yes Bank for the The Satara Sahakari Bank Kharghar 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 YESB0TSSB15 of Yes Bank for its The Satara Sahakari Bank Kharghar branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 The Satara Sahakari Bank Kharghar or Greater Bombay to get the exact IFSC Code YESB0TSSB15.
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 Greater Bombay that will provide accurate information.
How to Use IFSC Code YESB0TSSB15 for Online Transfers?
Once you have the IFSC Code YESB0TSSB15 for the The Satara Sahakari Bank Kharghar branch of Yes Bank in Greater Bombay, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0TSSB15. 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 YESB0TSSB15.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank The Satara Sahakari Bank Kharghar in Greater Bombay, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Yes Bank in The Satara Sahakari Bank Kharghar, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Greater Bombay manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the The Satara Sahakari Bank Kharghar Greater Bombay branch is YESB0TSSB15.
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 Neelsiddi Arcade Krupa Coop Hsg Soc Ltd, Plot No E/1A, Shop 2, Sec 12, Kharghar, Navi Mumbai 410210.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.