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 Moradabad,Uttar Pradesh branch in Moradabad, Moradabad, Uttar Pradesh, 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 Moradabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code YESB0000044. 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, Moradabad,Uttar Pradesh, Moradabad
The table below shows the main details of the IFSC Code YESB0000044 for the Yes Bank branch in Moradabad, which falls under the Moradabad district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000044 |
| Branch | Moradabad,Uttar Pradesh |
| City | Moradabad |
| District | Moradabad |
| State | Uttar Pradesh |
| Address | Ground Floor, Khasra No 267,, Village Majola,, Delhi Moradabad Highway, Moradabad, Uttar Pradesh-244001 |
These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Moradabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0000044 for the Moradabad,Uttar Pradesh 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 provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in Moradabad,Uttar Pradesh, Moradabad, Uttar Pradesh, is provided with a unique IFSC like YESB0000044 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Moradabad.
- 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 Moradabad and Moradabad.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Moradabad,Uttar Pradesh do not get mixed with another location.
Format of the IFSC Code YESB0000044
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 Moradabad,Uttar Pradesh in Moradabad.
For example, the IFSC Code YESB0000044 of Yes Bank for the Moradabad,Uttar Pradesh branch has these elements, identifying the bank and the branch location in Moradabad and Uttar Pradesh correctly.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0000044 of Yes Bank for its Moradabad,Uttar Pradesh branch located in Moradabad, 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 Moradabad and Moradabad, 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 Moradabad,Uttar Pradesh or Moradabad to get the exact IFSC Code YESB0000044.
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 Moradabad, you'll get the correct details.
How to Use IFSC Code YESB0000044 for Online Transfers?
Once you have the IFSC Code YESB0000044 for the Moradabad,Uttar Pradesh branch of Yes Bank in Moradabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0000044. 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 YESB0000044.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Moradabad,Uttar Pradesh in Moradabad, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Yes Bank in Moradabad,Uttar Pradesh, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Yes Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Moradabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0000044.
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 Ground Floor, Khasra No 267,, Village Majola,, Delhi Moradabad Highway, Moradabad, Uttar Pradesh-244001 located in Moradabad, Moradabad, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.