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 Raver, Maharashtra branch in Jalgaon, Jalgaon, Maharashtra, 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 Jalgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0000858. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Raver, Maharashtra, Jalgaon
Below in the table are the key details related to IFSC Code YESB0000858 of Yes Bank for its branch located in Jalgaon, within the district of Jalgaon in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000858 |
| Branch | Raver, Maharashtra |
| City | Jalgaon |
| District | Jalgaon |
| State | Maharashtra |
| Address | Shop No.3,4,Gr Flr,Plot No.9,Cts No.2259/60,Station Road,Raver,Jalgaon,Maharashtra,425504 |
These details helps users in online banking and for businesses and individuals who use Yes Bank in Jalgaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000858 for the Raver, Maharashtra branch of Yes Bank plays a vital 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 YESB0000858 is given to every bank branch, including Yes Bank located in Raver, Maharashtra, Jalgaon, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Jalgaon and Jalgaon.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Raver, Maharashtra doesn't end up at another location.
Format of the IFSC Code YESB0000858
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 Raver, Maharashtra in Jalgaon.
For example, the IFSC Code YESB0000858 of Yes Bank for the Raver, Maharashtra branch has these elements, identifying the bank and the branch location in Jalgaon and Maharashtra correctly.
How to Find IFSC Code for Yes Bank?
To find the IFSC Code YESB0000858 of Yes Bank for its Raver, Maharashtra branch located in Jalgaon, 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 Jalgaon and Jalgaon, 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 Raver, Maharashtra or Jalgaon to find the exact IFSC Code YESB0000858.
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 Jalgaon will provide accurate information.
How to Use IFSC Code YESB0000858 for Online Transfers?
Once you have the IFSC Code YESB0000858 for the Raver, Maharashtra branch of Yes Bank in Jalgaon, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0000858. Transfers are processed in batches. This is 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. Requires the recipient's account details and Yes Bank IFSC Code YESB0000858.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Raver, Maharashtra in Jalgaon may 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 Raver, Maharashtra, 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 Jalgaon manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0000858.
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 Shop No.3,4,Gr Flr,Plot No.9,Cts No.2259/60,Station Road,Raver,Jalgaon,Maharashtra,425504 located in Jalgaon, Jalgaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.