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 Shri Gajanan Maharaj Ucb Bhokardan branch in Jalna, Bhokardan, Maharashtra, 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 Jalna or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0GMUB01. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, Shri Gajanan Maharaj Ucb Bhokardan, Jalna
The table below shows the main details of the IFSC Code YESB0GMUB01 for the Yes Bank branch in Jalna, which falls under the Bhokardan district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0GMUB01 |
| Branch | Shri Gajanan Maharaj Ucb Bhokardan |
| City | Jalna |
| District | Bhokardan |
| State | Maharashtra |
| Address | Krushi Utpanna Bajar Samiti Bhokardan 431114 |
These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Jalna for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0GMUB01 for the Shri Gajanan Maharaj Ucb Bhokardan 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 that is provided by the Reserve Bank of India. A unique IFSC like YESB0GMUB01 is given to every bank branch, including Yes Bank located in Shri Gajanan Maharaj Ucb Bhokardan, Jalna, 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 Jalna.
- 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 Jalna and Bhokardan.
- 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 Shri Gajanan Maharaj Ucb Bhokardan doesn't end up at another location.
Format of the IFSC Code YESB0GMUB01
This is the format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Yes Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shri Gajanan Maharaj Ucb Bhokardan in Jalna.
For example, the IFSC Code YESB0GMUB01 of Yes Bank for the Shri Gajanan Maharaj Ucb Bhokardan 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 YESB0GMUB01 of Yes Bank for its Shri Gajanan Maharaj Ucb Bhokardan 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
You can easily find the IFSC and MICR codes because most banks, including Yes Bank branches in Jalna and Bhokardan, print them 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 Shri Gajanan Maharaj Ucb Bhokardan or Jalna to get the exact IFSC Code YESB0GMUB01.
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 YESB0GMUB01 for Online Transfers?
Once you have the IFSC Code YESB0GMUB01 for the Shri Gajanan Maharaj Ucb Bhokardan 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 YESB0GMUB01. 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 YESB0GMUB01.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Shri Gajanan Maharaj Ucb Bhokardan 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 Shri Gajanan Maharaj Ucb Bhokardan, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Jalna manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0GMUB01.
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 Krushi Utpanna Bajar Samiti Bhokardan 431114 located in Jalna, Bhokardan, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.