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 Fancy Bazaar, Guwahati branch in Kamrup, Guwahati, Assam, 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 Kamrup or anywhere in Assam can easily transfer funds instantly by using the correct IFSC Code YESB0000482. 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, Fancy Bazaar, Guwahati, Kamrup
Below in the table are the key details related to IFSC Code YESB0000482 of Yes Bank for its branch located in Kamrup, within the district of Guwahati in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000482 |
| Branch | Fancy Bazaar, Guwahati |
| City | Kamrup |
| District | Guwahati |
| State | Assam |
| Address | Ground Floor, Arham Plaza, M.G Road, Near Lakhi Gali, Guwahati- 781001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Kamrup for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000482 for the Fancy Bazaar, Guwahati 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 Fancy Bazaar, Guwahati, Kamrup, Assam, are given a unique IFSC like YESB0000482 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kamrup.
- 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 Kamrup and Guwahati.
- 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 Fancy Bazaar, Guwahati goes to the correct branch. This is important because Yes Bank has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code YESB0000482
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 Fancy Bazaar, Guwahati in Kamrup.
For example, the IFSC Code YESB0000482 of Yes Bank for the Fancy Bazaar, Guwahati branch has these elements, identifying the bank and the branch location in Kamrup and Assam correctly.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0000482 of Yes Bank for its Fancy Bazaar, Guwahati branch located in Kamrup, 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 Kamrup and Guwahati, 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 Fancy Bazaar, Guwahati or Kamrup to get the exact IFSC Code YESB0000482.
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 Kamrup, you'll get the correct details.
How to Use IFSC Code YESB0000482 for Online Transfers?
Once you have the IFSC Code YESB0000482 for the Fancy Bazaar, Guwahati branch of Yes Bank in Kamrup, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0000482. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 YESB0000482.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Fancy Bazaar, Guwahati in Kamrup, 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 Fancy Bazaar, Guwahati, 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 Kamrup manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0000482.
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, Arham Plaza, M.G Road, Near Lakhi Gali, Guwahati- 781001 located in Kamrup, Guwahati, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.