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 Kodoli Urban Coop Bank Ltd Kerli branch in Kolhapur, Ambewadi, Maharashtra, 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 Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0KUBL04. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, Kodoli Urban Coop Bank Ltd Kerli, Kolhapur
Below in the table are the key details related to IFSC Code YESB0KUBL04 of Yes Bank for its branch located in Kolhapur, within the district of Ambewadi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0KUBL04 |
| Branch | Kodoli Urban Coop Bank Ltd Kerli |
| City | Kolhapur |
| District | Ambewadi |
| State | Maharashtra |
| Address | A/P Kerli, Tal Karvir, Kolhapur 416229 |
These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Kolhapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0KUBL04 for the Kodoli Urban Coop Bank Ltd Kerli 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 that is provided by the Reserve Bank of India. A unique IFSC like YESB0KUBL04 is given to every bank branch, including Yes Bank located in Kodoli Urban Coop Bank Ltd Kerli, Kolhapur, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Kolhapur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Kolhapur and Ambewadi.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Kodoli Urban Coop Bank Ltd Kerli doesn't end up at another location.
Format of the IFSC Code YESB0KUBL04
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): 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 Kodoli Urban Coop Bank Ltd Kerli in Kolhapur.
For example, the IFSC Code YESB0KUBL04 of Yes Bank for the Kodoli Urban Coop Bank Ltd Kerli 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 YESB0KUBL04 of Yes Bank for its Kodoli Urban Coop Bank Ltd Kerli branch located in Kolhapur, 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 Kolhapur and Ambewadi, 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 Kodoli Urban Coop Bank Ltd Kerli or Kolhapur to get the exact IFSC Code YESB0KUBL04.
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 Kolhapur, you'll get the correct details.
How to Use IFSC Code YESB0KUBL04 for Online Transfers?
Once you have the IFSC Code YESB0KUBL04 for the Kodoli Urban Coop Bank Ltd Kerli 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 YESB0KUBL04. The transfer is completed in batches instead of instantly. It is useful for both 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 YESB0KUBL04.
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 Kerli in Kolhapur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Yes Bank in Kodoli Urban Coop Bank Ltd Kerli, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Yes Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Kolhapur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kodoli Urban Coop Bank Ltd Kerli Kolhapur branch is YESB0KUBL04.
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 A/P Kerli, Tal Karvir, Kolhapur 416229.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.