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 The Jeypore Coop Urban Bank Ltd branch in Koraput, Jeypore, Odisha, 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 Koraput or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code YESB0JEYCUB. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, The Jeypore Coop Urban Bank Ltd, Koraput

Below in the table are the key details related to IFSC Code YESB0JEYCUB of Yes Bank for its branch located in Koraput, within the district of Jeypore in the state of Odisha.

Particulars Details
Bank Yes Bank
IFSC Code YESB0JEYCUB
Branch The Jeypore Coop Urban Bank Ltd
City Koraput
District Jeypore
State Odisha
Address M G Road, Jeypore, Koraput, Odisha - 764001

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Koraput for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0JEYCUB for the The Jeypore Coop Urban Bank Ltd 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 YESB0JEYCUB is given to every bank branch, including Yes Bank located in The Jeypore Coop Urban Bank Ltd, Koraput, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Koraput.
  • 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 Koraput and Jeypore.
  • 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in The Jeypore Coop Urban Bank Ltd doesn't end up at another location.

Format of the IFSC Code YESB0JEYCUB

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 The Jeypore Coop Urban Bank Ltd in Koraput.

For example, the IFSC Code YESB0JEYCUB of Yes Bank for the The Jeypore Coop Urban Bank Ltd branch includes these elements, identifying the bank and the branch location in Koraput and Odisha correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0JEYCUB of Yes Bank for its The Jeypore Coop Urban Bank Ltd branch located in Koraput, 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 Koraput and Jeypore, 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 The Jeypore Coop Urban Bank Ltd or Koraput to get the exact IFSC Code YESB0JEYCUB.

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 Koraput, you'll get the correct details.

How to Use IFSC Code YESB0JEYCUB for Online Transfers?

Once you have the IFSC Code YESB0JEYCUB for the The Jeypore Coop Urban Bank Ltd branch of Yes Bank in Koraput, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0JEYCUB. 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 YESB0JEYCUB.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank The Jeypore Coop Urban Bank Ltd in Koraput may result in delayed or failed transactions.

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 The Jeypore Coop Urban 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 Koraput manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in The Jeypore Coop Urban Bank Ltd, Koraput?

The IFSC Code is YESB0JEYCUB.

Is the IFSC Code YESB0JEYCUB permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank The Jeypore Coop Urban Bank Ltd?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the The Jeypore Coop Urban Bank Ltd branch?

The address of the branch is M G Road, Jeypore, Koraput, Odisha - 764001 located in Koraput, Jeypore, Odisha.

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.