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 Gudivada branch in Krishna, Gudivada, 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 YESB0001247. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Gudivada, Krishna
Here are the main details that are associated with the IFSC Code YESB0001247 of Yes Bank for its branch located in Krishna, within the district of Gudivada in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0001247 |
| Branch | Gudivada |
| City | Krishna |
| District | Gudivada |
| State | Andhra Pradesh |
| Address | First Floor, Door No. 11/137, Eluru Road, Gudivada 521301, Krishna District, Andhra Pradesh. |
These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Krishna for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0001247 for the Gudivada 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 YESB0001247 is given to every bank branch, including Yes Bank located in Gudivada, Krishna, Andhra Pradesh, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Krishna and Gudivada.
- 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Gudivada doesn't end up at another location.
Format of the IFSC Code YESB0001247
This is the format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Yes Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Gudivada in Krishna.
For example, the IFSC Code YESB0001247 of Yes Bank for the Gudivada branch includes these elements, identifying the bank and the branch location in Krishna and Andhra Pradesh accurately.
How to Find IFSC Code for Yes Bank?
To find the IFSC Code YESB0001247 of Yes Bank for its Gudivada branch located in Krishna, the following methods can help you out:
Cheque Book
The cheque book issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Yes Bank branches in Krishna and Gudivada, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Yes Bank and go to the branch locator section. Then search for Gudivada or Krishna to find the exact IFSC Code YESB0001247.
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 maintains an updated database of all IFSC codes. Searching for Yes Bank and Krishna will provide accurate information.
How to Use IFSC Code YESB0001247 for Online Transfers?
Once you have the IFSC Code YESB0001247 for the Gudivada 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 YESB0001247. The transfer is completed in batches instead of instantly. It is useful for both 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 YESB0001247.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Gudivada 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 Gudivada, 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)
The IFSC Code is YESB0001247.
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 First Floor, Door No. 11/137, Eluru Road, Gudivada 521301, Krishna District, Andhra Pradesh. located in Krishna, Gudivada, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.