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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Yes Bank for its The Satara Sahakari Bank Mulund branch in Greater Bombay, Mumbai, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly 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 YESB0TSSB06. 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 Mulund, Greater Bombay

Below in the table are the key details related to IFSC Code YESB0TSSB06 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 YESB0TSSB06
Branch The Satara Sahakari Bank Mulund
City Greater Bombay
District Mumbai
State Maharashtra
Address 101A, 1St Floor, New Commercial Wing, Vikas Paradise, 301/302, Lbs Marg, Mulund West Mumbai 400080

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 YESB0TSSB06 for the The Satara Sahakari Bank Mulund 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in The Satara Sahakari Bank Mulund, Greater Bombay, Maharashtra, is provided a unique IFSC like YESB0TSSB06 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Yes Bank branch in Greater Bombay.
  • 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 Greater Bombay and Mumbai.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in The Satara Sahakari Bank Mulund do not get misguided to another person.

Format of the IFSC Code YESB0TSSB06

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 The Satara Sahakari Bank Mulund in Greater Bombay.

For example, the IFSC Code YESB0TSSB06 of Yes Bank for the The Satara Sahakari Bank Mulund branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra accurately.

How to Find IFSC Code for Yes Bank?

If you are looking for the IFSC Code YESB0TSSB06 of Yes Bank for its The Satara Sahakari Bank Mulund branch located in Greater Bombay, the following methods can help:

Cheque Book

The cheque book that is issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the 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

You can visit the official website of Yes Bank and look for the branch locator section, then search for The Satara Sahakari Bank Mulund or Greater Bombay to get the exact IFSC Code YESB0TSSB06.

Mobile Banking App

If you use Yes Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Yes Bank and Greater Bombay, then it will provide you proper information.

How to Use IFSC Code YESB0TSSB06 for Online Transfers?

If you have the IFSC Code YESB0TSSB06 for the The Satara Sahakari Bank Mulund branch of Yes Bank in Greater Bombay, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0TSSB06. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Yes Bank IFSC Code YESB0TSSB06.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Yes Bank The Satara Sahakari Bank Mulund in Greater Bombay, it may 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 The Satara Sahakari Bank Mulund, 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 The Satara Sahakari Bank Mulund Greater Bombay?

The IFSC Code of the The Satara Sahakari Bank Mulund Greater Bombay branch is YESB0TSSB06.

Is IFSC Code YESB0TSSB06 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Yes Bank The Satara Sahakari Bank Mulund branch?

The branch is located at 101A, 1St Floor, New Commercial Wing, Vikas Paradise, 301/302, Lbs Marg, Mulund West Mumbai 400080.

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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