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 Mizoram Coop Apex Bank Ltd Zobawk branch in Lunglei, Zobawk, or Mizoram, 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 Lunglei or anywhere in Mizoram can transfer funds instantly by using the correct IFSC Code YESB0MAB018. 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, Mizoram Coop Apex Bank Ltd Zobawk, Lunglei
Here are the key points that are associated with the IFSC Code YESB0MAB018 of Yes Bank for its branch located in Lunglei, within the district of Zobawk in the state of Mizoram.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0MAB018 |
| Branch | Mizoram Coop Apex Bank Ltd Zobawk |
| City | Lunglei |
| District | Zobawk |
| State | Mizoram |
| Address | Main Road, Zobawk, Lunglei 796701 |
These details help users in online banking and for businesses and individuals who use Yes Bank in Lunglei for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0MAB018 for the Mizoram Coop Apex Bank Ltd Zobawk branch of Yes Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in Mizoram Coop Apex Bank Ltd Zobawk, Lunglei, Mizoram, is provided a unique IFSC like YESB0MAB018 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Yes Bank branch in Lunglei.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Lunglei and Zobawk.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Mizoram and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in Mizoram Coop Apex Bank Ltd Zobawk do not get misguided to another person.
Format of the IFSC Code YESB0MAB018
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): 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 Mizoram Coop Apex Bank Ltd Zobawk in Lunglei.
For example, the IFSC Code YESB0MAB018 of Yes Bank for the Mizoram Coop Apex Bank Ltd Zobawk branch includes these elements, identifying the bank and the branch location in Lunglei and Mizoram accurately.
How to Find IFSC Code for Yes Bank?
If you are looking for the IFSC Code YESB0MAB018 of Yes Bank for its Mizoram Coop Apex Bank Ltd Zobawk branch located in Lunglei, 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 Lunglei and Zobawk, 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 Mizoram Coop Apex Bank Ltd Zobawk or Lunglei to get the exact IFSC Code YESB0MAB018.
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 Lunglei, then it will provide you proper information.
How to Use IFSC Code YESB0MAB018 for Online Transfers?
Once you have the IFSC Code YESB0MAB018 for the Mizoram Coop Apex Bank Ltd Zobawk branch of Yes Bank in Lunglei, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0MAB018. 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 YESB0MAB018.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Mizoram Coop Apex Bank Ltd Zobawk in Lunglei 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 Mizoram Coop Apex Bank Ltd Zobawk, 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 Lunglei to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0MAB018.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Main Road, Zobawk, Lunglei 796701 located in Lunglei, Zobawk, Mizoram.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.