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 Kodoli Urban Coop Bank Ltd Bambavade branch in Kolhapur, Bambawade, Maharashtra, 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 Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0KUBL06. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Kodoli Urban Coop Bank Ltd Bambavade, Kolhapur

Here are some of the key details that come with the IFSC Code YESB0KUBL06 of Yes Bank for its branch located in Kolhapur, within the district of Bambawade in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0KUBL06
Branch Kodoli Urban Coop Bank Ltd Bambavade
City Kolhapur
District Bambawade
State Maharashtra
Address A/P Bambavade, Tal Shahuwadi, Kolhapur 416213

These details help users in online banking and for businesses and individuals who use Yes Bank in Kolhapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0KUBL06 for the Kodoli Urban Coop Bank Ltd Bambavade branch of Yes Bank has a very 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 Kodoli Urban Coop Bank Ltd Bambavade, Kolhapur, Maharashtra, are given a unique IFSC like YESB0KUBL06 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kolhapur.
  • 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 Kolhapur and Bambawade.
  • 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 Kodoli Urban Coop Bank Ltd Bambavade goes to the correct branch. This is important because Yes Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code YESB0KUBL06

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 Kodoli Urban Coop Bank Ltd Bambavade in Kolhapur.

For example, the IFSC Code YESB0KUBL06 of Yes Bank for the Kodoli Urban Coop Bank Ltd Bambavade branch includes these elements, identifying the bank and the branch location in Kolhapur and Maharashtra accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0KUBL06 of Yes Bank for its Kodoli Urban Coop Bank Ltd Bambavade branch located in Kolhapur, the following methods can help:

Cheque Book

The cheque books that are issued by Yes Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Yes Bank branches in Kolhapur and Bambawade, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Yes Bank and find the branch locator section. Search for Kodoli Urban Coop Bank Ltd Bambavade or Kolhapur to get the exact IFSC Code YESB0KUBL06.

Mobile Banking App

If you use Yes Bank's mobile app, you can easily 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 to help you in searching for Yes Bank and Kolhapur that will provide accurate information.

How to Use IFSC Code YESB0KUBL06 for Online Transfers?

Once you have the IFSC Code YESB0KUBL06 for the Kodoli Urban Coop Bank Ltd Bambavade branch of Yes Bank in Kolhapur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0KUBL06. 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 YESB0KUBL06.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Kodoli Urban Coop Bank Ltd Bambavade in Kolhapur, 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 Kodoli Urban Coop Bank Ltd Bambavade, 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 Kolhapur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank Kodoli Urban Coop Bank Ltd Bambavade Kolhapur?

The IFSC Code of the Kodoli Urban Coop Bank Ltd Bambavade Kolhapur branch is YESB0KUBL06.

Is IFSC Code YESB0KUBL06 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Yes Bank Kodoli Urban Coop Bank Ltd Bambavade branch?

The branch is located at A/P Bambavade, Tal Shahuwadi, Kolhapur 416213.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.