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 Meghalaya Coop Apex Bank Dawki branch in Jaintia Hills, Dawki, Meghalaya, 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 Jaintia Hills or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code YESB0MCA010. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Meghalaya Coop Apex Bank Dawki, Jaintia Hills

Here are the key points that are associated with the IFSC Code YESB0MCA010 of Yes Bank for its branch located in Jaintia Hills, within the district of Dawki in the state of Meghalaya.

Particulars Details
Bank Yes Bank
IFSC Code YESB0MCA010
Branch Meghalaya Coop Apex Bank Dawki
City Jaintia Hills
District Dawki
State Meghalaya
Address Dawki 793109 Jaintia Hills District

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Jaintia Hills for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0MCA010 for the Meghalaya Coop Apex Bank Dawki 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 Meghalaya Coop Apex Bank Dawki, Jaintia Hills, Meghalaya, are given a unique IFSC like YESB0MCA010 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Jaintia Hills.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Jaintia Hills and Dawki.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Yes Bank in Meghalaya Coop Apex Bank Dawki goes to the correct branch. This is important because Yes Bank has thousands of branches in Meghalaya and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code YESB0MCA010

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 Meghalaya Coop Apex Bank Dawki in Jaintia Hills.

For example, the IFSC Code YESB0MCA010 of Yes Bank for the Meghalaya Coop Apex Bank Dawki branch includes these elements, identifying the bank and the branch location in Jaintia Hills and Meghalaya correctly.

How to Find IFSC Code for Yes Bank?

To find the IFSC Code YESB0MCA010 of Yes Bank for its Meghalaya Coop Apex Bank Dawki branch located in Jaintia Hills, 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 Jaintia Hills and Dawki, 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 Meghalaya Coop Apex Bank Dawki or Jaintia Hills to find the exact IFSC Code YESB0MCA010.

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 Jaintia Hills will provide accurate information.

How to Use IFSC Code YESB0MCA010 for Online Transfers?

Once you have the IFSC Code YESB0MCA010 for the Meghalaya Coop Apex Bank Dawki branch of Yes Bank in Jaintia Hills, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0MCA010. 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 YESB0MCA010.

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 Meghalaya Coop Apex Bank Dawki in Jaintia Hills, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Yes Bank in Meghalaya Coop Apex Bank Dawki, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Jaintia Hills manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank Meghalaya Coop Apex Bank Dawki Jaintia Hills?

The IFSC Code of the Meghalaya Coop Apex Bank Dawki Jaintia Hills branch is YESB0MCA010.

Is IFSC Code YESB0MCA010 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Yes Bank Meghalaya Coop Apex Bank Dawki branch?

The branch is located at Dawki 793109 Jaintia Hills District.

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.