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 Itarsi, Mp branch in Hoshangabad, Itarsi, Madhya 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 Hoshangabad or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code YESB0000396. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Itarsi, Mp, Hoshangabad

Below in the table are the key details related to IFSC Code YESB0000396 of Yes Bank for its branch located in Hoshangabad, within the district of Itarsi in the state of Madhya Pradesh.

Particulars Details
Bank Yes Bank
IFSC Code YESB0000396
Branch Itarsi, Mp
City Hoshangabad
District Itarsi
State Madhya Pradesh
Address Ground Floor, Plot No.20,, 3Rd Lane, Sarafa Baazar,, Next To Hdfc Bank,, Itarsi, Madhya Pradesh-461111

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Hoshangabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000396 for the Itarsi, Mp 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 provided by the Reserve Bank of India. Every bank branch, along with Yes Bank located in Itarsi, Mp, Hoshangabad, Madhya Pradesh, are allotted a unique IFSC like YESB0000396 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Hoshangabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Hoshangabad and Itarsi.
  • 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 Itarsi, Mp reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code YESB0000396

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 Itarsi, Mp in Hoshangabad.

For example, the IFSC Code YESB0000396 of Yes Bank for the Itarsi, Mp branch includes these elements, identifying the bank and the branch location in Hoshangabad and Madhya Pradesh accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0000396 of Yes Bank for its Itarsi, Mp branch located in Hoshangabad, 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

Most banks, including Yes Bank branches in Hoshangabad and Itarsi, print the IFSC and MICR codes 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 Itarsi, Mp or Hoshangabad to get the exact IFSC Code YESB0000396.

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 Hoshangabad, you'll get the correct details.

How to Use IFSC Code YESB0000396 for Online Transfers?

If you have the IFSC Code YESB0000396 for the Itarsi, Mp branch of Yes Bank in Hoshangabad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0000396. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Yes Bank IFSC Code YESB0000396.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Yes Bank Itarsi, Mp in Hoshangabad, it may result in delayed or failed transactions.

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 Itarsi, Mp, 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 Hoshangabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Itarsi, Mp, Hoshangabad?

The IFSC Code is YESB0000396.

Is the IFSC Code YESB0000396 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 Itarsi, Mp?

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 Itarsi, Mp branch?

The address of the branch is Ground Floor, Plot No.20,, 3Rd Lane, Sarafa Baazar,, Next To Hdfc Bank,, Itarsi, Madhya Pradesh-461111 located in Hoshangabad, Itarsi, Madhya 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.