The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Yes Bank for its Khandewla, Gurgaon branch in Gurgaon, Gurugram, Haryana, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Yes Bank located in Gurgaon or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code YESB0000429. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Khandewla, Gurgaon, Gurgaon
Here are the main details that are associated with the IFSC Code YESB0000429 of Yes Bank for its branch located in Gurgaon, within the district of Gurugram in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000429 |
| Branch | Khandewla, Gurgaon |
| City | Gurgaon |
| District | Gurugram |
| State | Haryana |
| Address | Ground Floor,Makaan No-158, Khasra 111/325,Vpo Khandewla, Tehsil Farukh Nagar, Gurgaon, Haryana-122504 |
These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Gurgaon for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000429 for the Khandewla, Gurgaon branch of Yes Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like YESB0000429 is given to every bank branch, including Yes Bank located in Khandewla, Gurgaon, Gurgaon, Haryana, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Gurgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Gurgaon and Gurugram.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Khandewla, Gurgaon doesn't end up at another location.
Format of the IFSC Code YESB0000429
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 Khandewla, Gurgaon in Gurgaon.
For example, the IFSC Code YESB0000429 of Yes Bank for the Khandewla, Gurgaon branch includes these elements, identifying the bank and the branch location in Gurgaon and Haryana correctly.
How to Find IFSC Code for Yes Bank?
To find the IFSC Code YESB0000429 of Yes Bank for its Khandewla, Gurgaon branch located in Gurgaon, 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 Gurgaon and Gurugram, 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 Khandewla, Gurgaon or Gurgaon to find the exact IFSC Code YESB0000429.
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 Gurgaon will provide accurate information.
How to Use IFSC Code YESB0000429 for Online Transfers?
Once you have the IFSC Code YESB0000429 for the Khandewla, 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 YESB0000429. 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 YESB0000429.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Khandewla, 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 Khandewla, 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 YESB0000429.
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,Makaan No-158, Khasra 111/325,Vpo Khandewla, Tehsil Farukh Nagar, Gurgaon, Haryana-122504 located in Gurgaon, Gurugram, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.