There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Yes Bank for its Godavari Laxmi Coop Bank Savda branch in Jalgaon, Savda, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Yes Bank situated in Jalgaon or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code YESB0GLCB03. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Godavari Laxmi Coop Bank Savda, Jalgaon

Here are the main details that are associated with the IFSC Code YESB0GLCB03 of Yes Bank for its branch located in Jalgaon, within the district of Savda in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0GLCB03
Branch Godavari Laxmi Coop Bank Savda
City Jalgaon
District Savda
State Maharashtra
Address Durgamata Chowk,Savda 425502

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Jalgaon for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0GLCB03 for the Godavari Laxmi Coop Bank Savda 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, including Yes Bank located in Godavari Laxmi Coop Bank Savda, Jalgaon, Maharashtra, is provided with a unique IFSC like YESB0GLCB03 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Jalgaon.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Jalgaon and Savda.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Godavari Laxmi Coop Bank Savda do not get mixed with another location.

Format of the IFSC Code YESB0GLCB03

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): 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 Godavari Laxmi Coop Bank Savda in Jalgaon.

For example, the IFSC Code YESB0GLCB03 of Yes Bank for the Godavari Laxmi Coop Bank Savda branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0GLCB03 of Yes Bank for its Godavari Laxmi Coop Bank Savda branch located in Jalgaon, the following methods can help:

Cheque Book

The cheque books that are issued by Yes Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Yes Bank branches in Jalgaon and Savda, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Yes Bank and find the branch locator section. Search for Godavari Laxmi Coop Bank Savda or Jalgaon to get the exact IFSC Code YESB0GLCB03.

Mobile Banking App

If you use Yes Bank's mobile app, you can easily 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 to help you in searching for Yes Bank and Jalgaon that will provide accurate information.

How to Use IFSC Code YESB0GLCB03 for Online Transfers?

Once you have the IFSC Code YESB0GLCB03 for the Godavari Laxmi Coop Bank Savda branch of Yes Bank in Jalgaon, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0GLCB03. 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 YESB0GLCB03.

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 Godavari Laxmi Coop Bank Savda in Jalgaon, 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 Godavari Laxmi Coop Bank Savda, 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 Jalgaon manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Godavari Laxmi Coop Bank Savda, Jalgaon?

The IFSC Code is YESB0GLCB03.

Is the IFSC Code YESB0GLCB03 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank Godavari Laxmi Coop Bank Savda?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Godavari Laxmi Coop Bank Savda branch?

The address of the branch is Durgamata Chowk,Savda 425502 located in Jalgaon, Savda, Maharashtra.

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.