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 Marol - Andheri branch in Mumbai, Marol, Maharashtra, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0UNTY47. 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, Marol - Andheri, Mumbai

Below in the table are the key details related to IFSC Code YESB0UNTY47 of Yes Bank for its branch located in Mumbai, within the district of Marol in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0UNTY47
Branch Marol - Andheri
City Mumbai
District Marol
State Maharashtra
Address Shop No.1,Ground Floor,A Wing,Twin C-1 Building,Orchid Business Park,Military Road,Marol,Andheri( East ) Mumbai - 400059

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0UNTY47 for the Marol - Andheri branch of Yes Bank plays 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, including Yes Bank located in Marol - Andheri, Mumbai, Maharashtra, is provided with a unique IFSC like YESB0UNTY47 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Mumbai.
  • 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 Mumbai and Marol.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Marol - Andheri do not get mixed with another location.

Format of the IFSC Code YESB0UNTY47

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 Marol - Andheri in Mumbai.

For example, the IFSC Code YESB0UNTY47 of Yes Bank for the Marol - Andheri branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0UNTY47 of Yes Bank for its Marol - Andheri 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

Most banks, including Yes Bank branches in Mumbai and Marol, 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 Marol - Andheri or Mumbai to get the exact IFSC Code YESB0UNTY47.

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 YESB0UNTY47 for Online Transfers?

If you have the IFSC Code YESB0UNTY47 for the Marol - Andheri branch of Yes Bank in Mumbai, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0UNTY47. Transfers are processed in batches. 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. Asks for the recipient's account details and Yes Bank IFSC Code YESB0UNTY47.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Yes Bank Marol - Andheri in Mumbai, it 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 Marol - Andheri, 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 Mumbai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank Marol - Andheri Mumbai?

The IFSC Code of the Marol - Andheri Mumbai branch is YESB0UNTY47.

Is IFSC Code YESB0UNTY47 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 Marol - Andheri branch?

The branch is located at Shop No.1,Ground Floor,A Wing,Twin C-1 Building,Orchid Business Park,Military Road,Marol,Andheri( East ) Mumbai - 400059.

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.