Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Yes Bank for its Manmandir Cooperative Bank Ltd branch in Kolhapur, Kolhapur, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Yes Bank located in Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0MMCB01. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Manmandir Cooperative Bank Ltd, Kolhapur

Below in the table are the key details related to IFSC Code YESB0MMCB01 of Yes Bank for its branch located in Kolhapur, within the district of Kolhapur in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0MMCB01
Branch Manmandir Cooperative Bank Ltd
City Kolhapur
District Kolhapur
State Maharashtra
Address Infront Of St Stand,Vita,Tal Khanapur,Dist-Sangli-415311

These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Kolhapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0MMCB01 for the Manmandir Cooperative Bank Ltd 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 that is provided by the Reserve Bank of India. A unique IFSC like YESB0MMCB01 is given to every bank branch, including Yes Bank located in Manmandir Cooperative Bank Ltd, 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 Kolhapur.
  • 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 Manmandir Cooperative Bank Ltd doesn't end up at another location.

Format of the IFSC Code YESB0MMCB01

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 Manmandir Cooperative Bank Ltd in Kolhapur.

For example, the IFSC Code YESB0MMCB01 of Yes Bank for the Manmandir Cooperative Bank Ltd 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 looking for the IFSC Code YESB0MMCB01 of Yes Bank for its Manmandir Cooperative Bank Ltd branch located in Kolhapur, the following methods can help:

Cheque Book

The cheque book that is issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Yes Bank and look for the branch locator section, then search for Manmandir Cooperative Bank Ltd or Kolhapur to get the exact IFSC Code YESB0MMCB01.

Mobile Banking App

If you use Yes Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Yes Bank and Kolhapur, then it will provide you proper information.

How to Use IFSC Code YESB0MMCB01 for Online Transfers?

Once you have the IFSC Code YESB0MMCB01 for the Manmandir Cooperative Bank Ltd 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 YESB0MMCB01. 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 YESB0MMCB01.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Manmandir Cooperative Bank Ltd 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 Manmandir Cooperative Bank Ltd, 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)

What is the IFSC Code of Yes Bank Manmandir Cooperative Bank Ltd Kolhapur?

The IFSC Code of the Manmandir Cooperative Bank Ltd Kolhapur branch is YESB0MMCB01.

Is IFSC Code YESB0MMCB01 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 Manmandir Cooperative Bank Ltd branch?

The branch is located at Infront Of St Stand,Vita,Tal Khanapur,Dist-Sangli-415311.

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.

Nearby YES BANK Branches

Back to Top