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 Katihar District Central Coop Bank branch in Katihar, Katihar, Bihar, 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 Katihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code YESB0KCCB01. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, Katihar District Central Coop Bank, Katihar
Here are some of the key details that come with the IFSC Code YESB0KCCB01 of Yes Bank for its branch located in Katihar, within the district of Katihar in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0KCCB01 |
| Branch | Katihar District Central Coop Bank |
| City | Katihar |
| District | Katihar |
| State | Bihar |
| Address | Shobha Mkt Dr Rajendra Prasad Rd Katihar 854105 |
These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Katihar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0KCCB01 for the Katihar District Central Coop Bank branch of Yes Bank is vital.
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 Katihar District Central Coop Bank, Katihar, Bihar, are given a unique IFSC like YESB0KCCB01 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Katihar.
- 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 Katihar and Katihar.
- 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 Katihar District Central Coop Bank goes to the correct branch. This is important because Yes Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code YESB0KCCB01
The format of the IFSC Code for banks, including Yes Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Yes Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Katihar District Central Coop Bank in Katihar.
For example, the IFSC Code YESB0KCCB01 of Yes Bank for the Katihar District Central Coop Bank branch includes these elements, identifying the bank and the branch location in Katihar and Bihar correctly.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0KCCB01 of Yes Bank for its Katihar District Central Coop Bank branch located in Katihar, 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 Katihar and Katihar, 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 Katihar District Central Coop Bank or Katihar to get the exact IFSC Code YESB0KCCB01.
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 Katihar, you'll get the correct details.
How to Use IFSC Code YESB0KCCB01 for Online Transfers?
If you have the IFSC Code YESB0KCCB01 for the Katihar District Central Coop Bank branch of Yes Bank in Katihar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0KCCB01. Transfers are processed in batches. 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. Asks for the recipient's account details and Yes Bank IFSC Code YESB0KCCB01.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Yes Bank Katihar District Central Coop Bank in Katihar, it may result in delayed or failed transactions.
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 Katihar District Central Coop Bank, 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 Katihar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Katihar District Central Coop Bank Katihar branch is YESB0KCCB01.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shobha Mkt Dr Rajendra Prasad Rd Katihar 854105.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.