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 Mango-Jamshedpur branch in Jamshedpur, Jamshedpur, Jharkhand, 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 Jamshedpur or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code YESB0001358. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Mango-Jamshedpur, Jamshedpur
Here are the key points that are associated with the IFSC Code YESB0001358 of Yes Bank for its branch located in Jamshedpur, within the district of Jamshedpur in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0001358 |
| Branch | Mango-Jamshedpur |
| City | Jamshedpur |
| District | Jamshedpur |
| State | Jharkhand |
| Address | Ground Floor,Dimna Road,Vatika Green City,Mango,Jamshedpur-831018 |
These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Jamshedpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0001358 for the Mango-Jamshedpur 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 Mango-Jamshedpur, Jamshedpur, Jharkhand, are given a unique IFSC like YESB0001358 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jamshedpur.
- 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 Jamshedpur and Jamshedpur.
- 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 Mango-Jamshedpur goes to the correct branch. This is important because Yes Bank has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code YESB0001358
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 Mango-Jamshedpur in Jamshedpur.
For example, the IFSC Code YESB0001358 of Yes Bank for the Mango-Jamshedpur branch includes these elements, identifying the bank and the branch location in Jamshedpur and Jharkhand accurately.
How to Find IFSC Code for Yes Bank?
To find the IFSC Code YESB0001358 of Yes Bank for its Mango-Jamshedpur branch located in Jamshedpur, 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 Jamshedpur and Jamshedpur, 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 Mango-Jamshedpur or Jamshedpur to find the exact IFSC Code YESB0001358.
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 Jamshedpur will provide accurate information.
How to Use IFSC Code YESB0001358 for Online Transfers?
Once you have the IFSC Code YESB0001358 for the Mango-Jamshedpur branch of Yes Bank in Jamshedpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0001358. 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 YESB0001358.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Mango-Jamshedpur in Jamshedpur 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 Mango-Jamshedpur, 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 Jamshedpur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0001358.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor,Dimna Road,Vatika Green City,Mango,Jamshedpur-831018 located in Jamshedpur, Jamshedpur, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.