Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Yes Bank for its Chikhli Urban Coop Bank Badnapur branch in Jalna, Badnapur, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Yes Bank located in Jalna or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0CCUB23. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Chikhli Urban Coop Bank Badnapur, Jalna

The table below shows the main details of the IFSC Code YESB0CCUB23 for the Yes Bank branch in Jalna, which falls under the Badnapur district in Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0CCUB23
Branch Chikhli Urban Coop Bank Badnapur
City Jalna
District Badnapur
State Maharashtra
Address Aurangabad Highway Pin 431202

These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Jalna for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0CCUB23 for the Chikhli Urban Coop Bank Badnapur branch of Yes Bank has 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 Chikhli Urban Coop Bank Badnapur, Jalna, Maharashtra, are given a unique IFSC like YESB0CCUB23 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Jalna.
  • 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 Jalna and Badnapur.
  • 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 Chikhli Urban Coop Bank Badnapur goes to the correct branch. This is important because Yes Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code YESB0CCUB23

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 Chikhli Urban Coop Bank Badnapur in Jalna.

For example, the IFSC Code YESB0CCUB23 of Yes Bank for the Chikhli Urban Coop Bank Badnapur branch includes these elements, identifying the bank and the branch location in Jalna and Maharashtra accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0CCUB23 of Yes Bank for its Chikhli Urban Coop Bank Badnapur branch located in Jalna, 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 Jalna and Badnapur, 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 Chikhli Urban Coop Bank Badnapur or Jalna to get the exact IFSC Code YESB0CCUB23.

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 Jalna, you'll get the correct details.

How to Use IFSC Code YESB0CCUB23 for Online Transfers?

Once you have the IFSC Code YESB0CCUB23 for the Chikhli Urban Coop Bank Badnapur branch of Yes Bank in Jalna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0CCUB23. The transfer is completed in batches instead of instantly. It is useful for both 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 YESB0CCUB23.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Chikhli Urban Coop Bank Badnapur in Jalna, 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 Chikhli Urban Coop Bank Badnapur, 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 Jalna to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank Chikhli Urban Coop Bank Badnapur Jalna?

The IFSC Code of the Chikhli Urban Coop Bank Badnapur Jalna branch is YESB0CCUB23.

Is IFSC Code YESB0CCUB23 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 Chikhli Urban Coop Bank Badnapur branch?

The branch is located at Aurangabad Highway Pin 431202.

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.