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 Sushant Lok, Haryana branch in Gurgaon, Gurgaon, or Haryana, 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 Gurgaon or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code YESB0000161. 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, Sushant Lok, Haryana, Gurgaon
Here are the main details that are associated with the IFSC Code YESB0000161 of Yes Bank for its branch located in Gurgaon, within the district of Gurgaon in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000161 |
| Branch | Sushant Lok, Haryana |
| City | Gurgaon |
| District | Gurgaon |
| State | Haryana |
| Address | Ground Flr, Unit No 004,, Unitech Trade Centre,, Sushant Lok 1, Gurgaon, Haryana-122001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Gurgaon for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000161 for the Sushant Lok, Haryana branch of Yes Bank has an 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 Sushant Lok, Haryana, Gurgaon, Haryana, is provided a unique IFSC like YESB0000161 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Yes Bank branch in Gurgaon.
- 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 Gurgaon and Gurgaon.
- 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 Haryana and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in Sushant Lok, Haryana do not get misguided to another person.
Format of the IFSC Code YESB0000161
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 Sushant Lok, Haryana in Gurgaon.
For example, the IFSC Code YESB0000161 of Yes Bank for the Sushant Lok, Haryana 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 trying to find the IFSC Code YESB0000161 of Yes Bank for its Sushant Lok, Haryana branch located in Gurgaon, the following methods can help:
Cheque Book
The cheque book issued by Yes Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Yes Bank branches in Gurgaon and Gurgaon, print them on the first page of your passbook.
Bank Website
Visit the official website of Yes Bank and navigate to the branch locator section. Search for Sushant Lok, Haryana or Gurgaon to get the exact IFSC Code YESB0000161.
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 keeps an updated list of all IFSC codes. If you search for Yes Bank and Gurgaon, you'll get the correct details.
How to Use IFSC Code YESB0000161 for Online Transfers?
Once you have the IFSC Code YESB0000161 for the Sushant Lok, Haryana branch of Yes Bank in Gurgaon, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0000161. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Yes Bank IFSC Code YESB0000161.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Yes Bank Sushant Lok, Haryana in Gurgaon, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Yes Bank in Sushant Lok, Haryana, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Yes Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Gurgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0000161.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Flr, Unit No 004,, Unitech Trade Centre,, Sushant Lok 1, Gurgaon, Haryana-122001 located in Gurgaon, Gurgaon, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.