For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Yes Bank for its The Eluri Coop Urban Bank Macherla branch in Guntur, Macherla, Andhra Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Yes Bank located in Guntur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code YESB0ECUB04. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, The Eluri Coop Urban Bank Macherla, Guntur

Here are some of the key details that come with the IFSC Code YESB0ECUB04 of Yes Bank for its branch located in Guntur, within the district of Macherla in the state of Andhra Pradesh.

Particulars Details
Bank Yes Bank
IFSC Code YESB0ECUB04
Branch The Eluri Coop Urban Bank Macherla
City Guntur
District Macherla
State Andhra Pradesh
Address D.No 13-2-170/21,Palanadu College Complex,Macherla 522426

These details help users in online banking and for businesses and individuals who use Yes Bank in Guntur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0ECUB04 for the The Eluri Coop Urban Bank Macherla 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 Eluri Coop Urban Bank Macherla, Guntur, Andhra Pradesh, is provided a unique IFSC like YESB0ECUB04 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Yes Bank branch in Guntur.
  • 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 Guntur and Macherla.
  • 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 Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in The Eluri Coop Urban Bank Macherla do not get misguided to another person.

Format of the IFSC Code YESB0ECUB04

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 Eluri Coop Urban Bank Macherla in Guntur.

For example, the IFSC Code YESB0ECUB04 of Yes Bank for the The Eluri Coop Urban Bank Macherla branch has these elements, identifying the bank and the branch location in Guntur and Andhra Pradesh correctly.

How to Find IFSC Code for Yes Bank?

To find the IFSC Code YESB0ECUB04 of Yes Bank for its The Eluri Coop Urban Bank Macherla branch located in Guntur, 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 Guntur and Macherla, 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 The Eluri Coop Urban Bank Macherla or Guntur to find the exact IFSC Code YESB0ECUB04.

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 Guntur will provide accurate information.

How to Use IFSC Code YESB0ECUB04 for Online Transfers?

Once you have the IFSC Code YESB0ECUB04 for the The Eluri Coop Urban Bank Macherla branch of Yes Bank in Guntur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0ECUB04. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 YESB0ECUB04.

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 Eluri Coop Urban Bank Macherla in Guntur, 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 The Eluri Coop Urban Bank Macherla, 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 Guntur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in The Eluri Coop Urban Bank Macherla, Guntur?

The IFSC Code is YESB0ECUB04.

Is the IFSC Code YESB0ECUB04 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 The Eluri Coop Urban Bank Macherla?

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 The Eluri Coop Urban Bank Macherla branch?

The address of the branch is D.No 13-2-170/21,Palanadu College Complex,Macherla 522426 located in Guntur, Macherla, Andhra Pradesh.

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.