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 Kanjurmarg branch in Mumbai, Kanjurmarg, Maharashtra, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0UNTY36. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Kanjurmarg, Mumbai

The table below shows the main details of the IFSC Code YESB0UNTY36 for the Yes Bank branch in Mumbai, which falls under the Kanjurmarg district in Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0UNTY36
Branch Kanjurmarg
City Mumbai
District Kanjurmarg
State Maharashtra
Address Shri Cutchhi Brahmakshatriya Panchayat Trust,1294/2,Kanjur Village Road,Near Railway Station,Kanjurmarg(East),Mumbai 400 042

These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0UNTY36 for the Kanjurmarg 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, along with Yes Bank located in Kanjurmarg, Mumbai, Maharashtra, are allotted a unique IFSC like YESB0UNTY36 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Mumbai and Kanjurmarg.
  • 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 Kanjurmarg reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code YESB0UNTY36

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 Kanjurmarg in Mumbai.

For example, the IFSC Code YESB0UNTY36 of Yes Bank for the Kanjurmarg branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0UNTY36 of Yes Bank for its Kanjurmarg branch located in Mumbai, 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

You can easily find the IFSC and MICR codes because most banks, including Yes Bank branches in Mumbai and Kanjurmarg, print them 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 Kanjurmarg or Mumbai to get the exact IFSC Code YESB0UNTY36.

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 Mumbai, you'll get the correct details.

How to Use IFSC Code YESB0UNTY36 for Online Transfers?

Once you have the IFSC Code YESB0UNTY36 for the Kanjurmarg branch of Yes Bank in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0UNTY36. 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 YESB0UNTY36.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Kanjurmarg in Mumbai may 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 Kanjurmarg, 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 Mumbai manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Kanjurmarg, Mumbai?

The IFSC Code is YESB0UNTY36.

Is the IFSC Code YESB0UNTY36 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 Kanjurmarg?

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 Kanjurmarg branch?

The address of the branch is Shri Cutchhi Brahmakshatriya Panchayat Trust,1294/2,Kanjur Village Road,Near Railway Station,Kanjurmarg(East),Mumbai 400 042 located in Mumbai, Kanjurmarg, Maharashtra.

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.