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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Yes Bank for its Mizoram Coop Apex Bank Mamit branch in Mamit, Mamit, Mizoram, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Yes Bank located in Mamit or anywhere in Mizoram can transfer funds instantly by using the correct IFSC Code YESB0MAB013. 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 Mamit, Mamit

The table below shows the main details of the IFSC Code YESB0MAB013 for the Yes Bank branch in Mamit, which falls under the Mamit district in Mizoram.

Particulars Details
Bank Yes Bank
IFSC Code YESB0MAB013
Branch Mizoram Coop Apex Bank Mamit
City Mamit
District Mamit
State Mizoram
Address Field Veng Mamit 796441

These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Mamit for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0MAB013 for the Mizoram Coop Apex Bank Mamit 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 Mizoram Coop Apex Bank Mamit, Mamit, Mizoram, are allotted a unique IFSC like YESB0MAB013 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Yes Bank in Mizoram Coop Apex Bank Mamit reaches the right place, even though there are thousands of branches in Mizoram and across India.

Format of the IFSC Code YESB0MAB013

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 Mizoram Coop Apex Bank Mamit in Mamit.

For example, the IFSC Code YESB0MAB013 of Yes Bank for the Mizoram Coop Apex Bank Mamit branch has these elements, identifying the bank and the branch location in Mamit and Mizoram correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0MAB013 of Yes Bank for its Mizoram Coop Apex Bank Mamit branch located in Mamit, 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 Mamit and Mamit, 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 Mizoram Coop Apex Bank Mamit or Mamit to get the exact IFSC Code YESB0MAB013.

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 Mamit, you'll get the correct details.

How to Use IFSC Code YESB0MAB013 for Online Transfers?

Once you have the IFSC Code YESB0MAB013 for the Mizoram Coop Apex Bank Mamit branch of Yes Bank in Mamit, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0MAB013. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Yes Bank IFSC Code YESB0MAB013.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Yes Bank Mizoram Coop Apex Bank Mamit in Mamit, it can result in delayed or failed transactions.

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 Mizoram Coop Apex Bank Mamit, 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 Mamit manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Mizoram Coop Apex Bank Mamit, Mamit?

The IFSC Code is YESB0MAB013.

Is the IFSC Code YESB0MAB013 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank Mizoram Coop Apex Bank Mamit?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Mizoram Coop Apex Bank Mamit branch?

The address of the branch is Field Veng Mamit 796441 located in Mamit, Mamit, Mizoram.

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.