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 Mamasaheb Pawar Satyavijay Coop Bank Kolhapur branch in Kolhapur, Kolhapur, 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 YESB0MPSC12. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Mamasaheb Pawar Satyavijay Coop Bank Kolhapur, Kolhapur

The table below shows the main details of the IFSC Code YESB0MPSC12 for the Yes Bank branch in Kolhapur, which falls under the Kolhapur district in Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0MPSC12
Branch Mamasaheb Pawar Satyavijay Coop Bank Kolhapur
City Kolhapur
District Kolhapur
State Maharashtra
Address Shahupuri 3Rd Line Kolhapur 416310

These details helps 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 YESB0MPSC12 for the Mamasaheb Pawar Satyavijay Coop Bank Kolhapur 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, along with Yes Bank located in Mamasaheb Pawar Satyavijay Coop Bank Kolhapur, Kolhapur, Maharashtra, are given a unique IFSC like YESB0MPSC12 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 Kolhapur.
  • 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 Mamasaheb Pawar Satyavijay Coop Bank Kolhapur 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 YESB0MPSC12

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 Mamasaheb Pawar Satyavijay Coop Bank Kolhapur in Kolhapur.

For example, the IFSC Code YESB0MPSC12 of Yes Bank for the Mamasaheb Pawar Satyavijay Coop Bank Kolhapur branch has these elements, identifying the bank and the branch location in Kolhapur and Maharashtra correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0MPSC12 of Yes Bank for its Mamasaheb Pawar Satyavijay Coop Bank Kolhapur 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 Kolhapur, 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 Mamasaheb Pawar Satyavijay Coop Bank Kolhapur or Kolhapur to get the exact IFSC Code YESB0MPSC12.

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 YESB0MPSC12 for Online Transfers?

Once you have the IFSC Code YESB0MPSC12 for the Mamasaheb Pawar Satyavijay Coop Bank Kolhapur branch of Yes Bank in Kolhapur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0MPSC12. Transfers are processed in batches. This is 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. Requires the recipient's account details and Yes Bank IFSC Code YESB0MPSC12.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Mamasaheb Pawar Satyavijay Coop Bank Kolhapur in Kolhapur 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 Mamasaheb Pawar Satyavijay Coop Bank Kolhapur, 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 Mamasaheb Pawar Satyavijay Coop Bank Kolhapur Kolhapur?

The IFSC Code of the Mamasaheb Pawar Satyavijay Coop Bank Kolhapur Kolhapur branch is YESB0MPSC12.

Is IFSC Code YESB0MPSC12 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 Mamasaheb Pawar Satyavijay Coop Bank Kolhapur branch?

The branch is located at Shahupuri 3Rd Line Kolhapur 416310.

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.

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