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 Sec-Eighty Two Gurugram branch in Gurugram, Gurugram, Haryana, 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 Gurugram or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code YESB0001420. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, Sec-Eighty Two Gurugram, Gurugram
Here are the key points that are associated with the IFSC Code YESB0001420 of Yes Bank for its branch located in Gurugram, within the district of Gurugram in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0001420 |
| Branch | Sec-Eighty Two Gurugram |
| City | Gurugram |
| District | Gurugram |
| State | Haryana |
| Address | Ground Floor Block A, Shop No-163 & 164 Town Square 2, 16 Primrose Avenue, Vatika India, Sec-82 Gurgaon, Haryana-122012 |
These details help users in online banking and for businesses and individuals who use Yes Bank in Gurugram for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0001420 for the Sec-Eighty Two Gurugram 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like YESB0001420 is given to every bank branch, including Yes Bank located in Sec-Eighty Two Gurugram, Gurugram, 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 Gurugram.
- 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 Gurugram 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 Sec-Eighty Two Gurugram doesn't end up at another location.
Format of the IFSC Code YESB0001420
The format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Yes Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sec-Eighty Two Gurugram in Gurugram.
For example, the IFSC Code YESB0001420 of Yes Bank for the Sec-Eighty Two Gurugram branch includes these elements, identifying the bank and the branch location in Gurugram and Haryana accurately.
How to Find IFSC Code for Yes Bank?
To find the IFSC Code YESB0001420 of Yes Bank for its Sec-Eighty Two Gurugram branch located in Gurugram, 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 Gurugram 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 Sec-Eighty Two Gurugram or Gurugram to find the exact IFSC Code YESB0001420.
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 Gurugram will provide accurate information.
How to Use IFSC Code YESB0001420 for Online Transfers?
Once you have the IFSC Code YESB0001420 for the Sec-Eighty Two Gurugram branch of Yes Bank in Gurugram, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0001420. 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 YESB0001420.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Sec-Eighty Two Gurugram in Gurugram, 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 Sec-Eighty Two Gurugram, 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 Gurugram manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0001420.
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 Floor Block A, Shop No-163 & 164 Town Square 2, 16 Primrose Avenue, Vatika India, Sec-82 Gurgaon, Haryana-122012 located in Gurugram, Gurugram, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.