There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Yes Bank for its Kankrola, Gurgaon branch in Gurgaon, Gurugram, Haryana, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Yes Bank situated in Gurgaon or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code YESB0000506. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, Kankrola, Gurgaon, Gurgaon
The table below shows the main details of the IFSC Code YESB0000506 for the Yes Bank branch in Gurgaon, which falls under the Gurugram district in Haryana.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000506 |
| Branch | Kankrola, Gurgaon |
| City | Gurgaon |
| District | Gurugram |
| State | Haryana |
| Address | Ground Floor, Plot No. 23, Killa No. 25/1/1, Village-Kankrola, Post- Bhangrola, Gurugram, Haryana-122505 |
These details helps users in online banking and for businesses and individuals who use Yes Bank in Gurgaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000506 for the Kankrola, Gurgaon 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, along with Yes Bank located in Kankrola, Gurgaon, Gurgaon, Haryana, are allotted a unique IFSC like YESB0000506 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gurgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Gurgaon and Gurugram.
- 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 Kankrola, Gurgaon reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code YESB0000506
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 Kankrola, Gurgaon in Gurgaon.
For example, the IFSC Code YESB0000506 of Yes Bank for the Kankrola, Gurgaon branch has these elements, identifying the bank and the branch location in Gurgaon and Haryana correctly.
How to Find IFSC Code for Yes Bank?
If you are looking for the IFSC Code YESB0000506 of Yes Bank for its Kankrola, Gurgaon branch located in Gurgaon, 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 Gurgaon and Gurugram, 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 Kankrola, Gurgaon or Gurgaon to get the exact IFSC Code YESB0000506.
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 Gurgaon, then it will provide you proper information.
How to Use IFSC Code YESB0000506 for Online Transfers?
Once you have the IFSC Code YESB0000506 for the Kankrola, Gurgaon branch of Yes Bank in Gurgaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0000506. 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 YESB0000506.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Kankrola, Gurgaon in Gurgaon, 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 Kankrola, Gurgaon, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Gurgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0000506.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor, Plot No. 23, Killa No. 25/1/1, Village-Kankrola, Post- Bhangrola, Gurugram, Haryana-122505 located in Gurgaon, Gurugram, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.