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 Gandhi Coop Urban Bank Hanuman Jn branch in Krishna, Hanuman Junction, Andhra Pradesh, 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 Krishna or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code YESB0GCUB06. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, Gandhi Coop Urban Bank Hanuman Jn, Krishna
Here are some of the key details that come with the IFSC Code YESB0GCUB06 of Yes Bank for its branch located in Krishna, within the district of Hanuman Junction in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0GCUB06 |
| Branch | Gandhi Coop Urban Bank Hanuman Jn |
| City | Krishna |
| District | Hanuman Junction |
| State | Andhra Pradesh |
| Address | Door No 5-49, 1St Floor, Vijayawada Road, Hanuman Junction - 521105 |
These details helps users in online banking and for businesses and individuals who use Yes Bank in Krishna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0GCUB06 for the Gandhi Coop Urban Bank Hanuman Jn 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, including Yes Bank located in Gandhi Coop Urban Bank Hanuman Jn, Krishna, Andhra Pradesh, is provided with a unique IFSC like YESB0GCUB06 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 Hanuman Junction.
- 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 Gandhi Coop Urban Bank Hanuman Jn do not get mixed with another location.
Format of the IFSC Code YESB0GCUB06
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 Gandhi Coop Urban Bank Hanuman Jn in Krishna.
For example, the IFSC Code YESB0GCUB06 of Yes Bank for the Gandhi Coop Urban Bank Hanuman Jn branch has 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 YESB0GCUB06 of Yes Bank for its Gandhi Coop Urban Bank Hanuman Jn 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
Most banks, including Yes Bank branches in Krishna and Hanuman Junction, print the IFSC and MICR codes 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 Gandhi Coop Urban Bank Hanuman Jn or Krishna to get the exact IFSC Code YESB0GCUB06.
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 YESB0GCUB06 for Online Transfers?
Once you have the IFSC Code YESB0GCUB06 for the Gandhi Coop Urban Bank Hanuman Jn branch of Yes Bank in Krishna, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0GCUB06. 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 YESB0GCUB06.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Gandhi Coop Urban Bank Hanuman Jn in Krishna 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 Gandhi Coop Urban Bank Hanuman Jn, 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 Krishna to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0GCUB06.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Door No 5-49, 1St Floor, Vijayawada Road, Hanuman Junction - 521105 located in Krishna, Hanuman Junction, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.