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 Nayapalli, Bhubaneswar branch in Khurda, Bhubaneswar, Odisha, 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 Khurda or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code YESB0001395. 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, Nayapalli, Bhubaneswar, Khurda
The table below shows the main details of the IFSC Code YESB0001395 for the Yes Bank branch in Khurda, which falls under the Bhubaneswar district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0001395 |
| Branch | Nayapalli, Bhubaneswar |
| City | Khurda |
| District | Bhubaneswar |
| State | Odisha |
| Address | Ground Floor And Lower Ground Floor, N5/21, Nayapalli, Irc Village, Bhubaneshwar - 751 015. |
These details helps users in online banking and for businesses and individuals who use Yes Bank in Khurda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0001395 for the Nayapalli, Bhubaneswar branch of Yes Bank plays a vital 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, including Yes Bank located in Nayapalli, Bhubaneswar, Khurda, Odisha, is provided with a unique IFSC like YESB0001395 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Khurda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Khurda and Bhubaneswar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Nayapalli, Bhubaneswar do not get mixed with another location.
Format of the IFSC Code YESB0001395
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 Nayapalli, Bhubaneswar in Khurda.
For example, the IFSC Code YESB0001395 of Yes Bank for the Nayapalli, Bhubaneswar branch includes these elements, identifying the bank and the branch location in Khurda and Odisha correctly.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0001395 of Yes Bank for its Nayapalli, Bhubaneswar branch located in Khurda, 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 Khurda and Bhubaneswar, 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 Nayapalli, Bhubaneswar or Khurda to get the exact IFSC Code YESB0001395.
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 Khurda, you'll get the correct details.
How to Use IFSC Code YESB0001395 for Online Transfers?
If you have the IFSC Code YESB0001395 for the Nayapalli, Bhubaneswar branch of Yes Bank in Khurda, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0001395. 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 YESB0001395.
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 Nayapalli, Bhubaneswar in Khurda, 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 Nayapalli, Bhubaneswar, 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 Khurda to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0001395.
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 Ground Floor And Lower Ground Floor, N5/21, Nayapalli, Irc Village, Bhubaneshwar - 751 015. located in Khurda, Bhubaneswar, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.