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 Nagar Sahkari Bank Ghughuli branch in Maharajganj, Ghughuli, Uttar 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 Maharajganj or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code YESB0NSB010. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Nagar Sahkari Bank Ghughuli, Maharajganj

The table below shows the main details of the IFSC Code YESB0NSB010 for the Yes Bank branch in Maharajganj, which falls under the Ghughuli district in Uttar Pradesh.

Particulars Details
Bank Yes Bank
IFSC Code YESB0NSB010
Branch Nagar Sahkari Bank Ghughuli
City Maharajganj
District Ghughuli
State Uttar Pradesh
Address Town Area Ghughali Roogta Complex Tehsil Sadar District Maharajganj - 273151

These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Maharajganj for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0NSB010 for the Nagar Sahkari Bank Ghughuli branch of Yes Bank has 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, along with Yes Bank located in Nagar Sahkari Bank Ghughuli, Maharajganj, Uttar Pradesh, are given a unique IFSC like YESB0NSB010 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Maharajganj.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Maharajganj and Ghughuli.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Yes Bank in Nagar Sahkari Bank Ghughuli goes to the correct branch. This is important because Yes Bank has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code YESB0NSB010

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 Nagar Sahkari Bank Ghughuli in Maharajganj.

For example, the IFSC Code YESB0NSB010 of Yes Bank for the Nagar Sahkari Bank Ghughuli branch includes these elements, identifying the bank and the branch location in Maharajganj and Uttar Pradesh correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0NSB010 of Yes Bank for its Nagar Sahkari Bank Ghughuli branch located in Maharajganj, 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 Maharajganj and Ghughuli, 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 Nagar Sahkari Bank Ghughuli or Maharajganj to get the exact IFSC Code YESB0NSB010.

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 Maharajganj, you'll get the correct details.

How to Use IFSC Code YESB0NSB010 for Online Transfers?

Once you have the IFSC Code YESB0NSB010 for the Nagar Sahkari Bank Ghughuli branch of Yes Bank in Maharajganj, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0NSB010. 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 YESB0NSB010.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Nagar Sahkari Bank Ghughuli in Maharajganj, 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 Nagar Sahkari Bank Ghughuli, 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 Maharajganj manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank Nagar Sahkari Bank Ghughuli Maharajganj?

The IFSC Code of the Nagar Sahkari Bank Ghughuli Maharajganj branch is YESB0NSB010.

Is IFSC Code YESB0NSB010 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 Nagar Sahkari Bank Ghughuli branch?

The branch is located at Town Area Ghughali Roogta Complex Tehsil Sadar District Maharajganj - 273151.

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.