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 Eluru Road Vijayawada branch in Krishna, Vijayawada, Andhra Pradesh, 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 Krishna or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code YESB0000948. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Eluru Road Vijayawada, Krishna

Here are some of the key details that come with the IFSC Code YESB0000948 of Yes Bank for its branch located in Krishna, within the district of Vijayawada in the state of Andhra Pradesh.

Particulars Details
Bank Yes Bank
IFSC Code YESB0000948
Branch Eluru Road Vijayawada
City Krishna
District Vijayawada
State Andhra Pradesh
Address Ground Floor,29-37-21,Durga Agraharam,Eluru Road,Vijayawada,Andhra Pradesh 520002

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Krishna for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000948 for the Eluru Road Vijayawada 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 provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in Eluru Road Vijayawada, Krishna, Andhra Pradesh, is provided with a unique IFSC like YESB0000948 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Krishna.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Krishna and Vijayawada.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Eluru Road Vijayawada do not get mixed with another location.

Format of the IFSC Code YESB0000948

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 Eluru Road Vijayawada in Krishna.

For example, the IFSC Code YESB0000948 of Yes Bank for the Eluru Road Vijayawada branch includes these elements, identifying the bank and the branch location in Krishna and Andhra Pradesh correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0000948 of Yes Bank for its Eluru Road Vijayawada branch located in Krishna, 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 Krishna and Vijayawada, 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 Eluru Road Vijayawada or Krishna to get the exact IFSC Code YESB0000948.

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 Krishna, you'll get the correct details.

How to Use IFSC Code YESB0000948 for Online Transfers?

Once you have the IFSC Code YESB0000948 for the Eluru Road Vijayawada branch of Yes Bank in Krishna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0000948. 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 YESB0000948.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Eluru Road Vijayawada in Krishna, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Yes Bank in Eluru Road Vijayawada, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Krishna manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank Eluru Road Vijayawada Krishna?

The IFSC Code of the Eluru Road Vijayawada Krishna branch is YESB0000948.

Is IFSC Code YESB0000948 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 Eluru Road Vijayawada branch?

The branch is located at Ground Floor,29-37-21,Durga Agraharam,Eluru Road,Vijayawada,Andhra Pradesh 520002.

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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