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 Yes Bank Ltd Worli Oibc Ext Counter, Mumbai branch in Mumbai, Worli Oibc Ext Counter, Mumbai, 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 YESB0000406. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Yes Bank Ltd Worli Oibc Ext Counter, Mumbai, Mumbai
Here are the main details that are associated with the IFSC Code YESB0000406 of Yes Bank for its branch located in Mumbai, within the district of Worli Oibc Ext Counter, Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000406 |
| Branch | Yes Bank Ltd Worli Oibc Ext Counter, Mumbai |
| City | Mumbai |
| District | Worli Oibc Ext Counter, Mumbai |
| State | Maharashtra |
| Address | Abc,Lobby Level,Tower-1 One India Bulls Centre,Cs No.841 Jupiter Textiles Mill,Elphinstone Mumbai Maharashtra400013 |
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 YESB0000406 for the Yes Bank Ltd Worli Oibc Ext Counter, Mumbai 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 that is provided by the Reserve Bank of India. A unique IFSC like YESB0000406 is given to every bank branch, including Yes Bank located in Yes Bank Ltd Worli Oibc Ext Counter, Mumbai, Mumbai, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Mumbai and Worli Oibc Ext Counter, Mumbai.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Yes Bank Ltd Worli Oibc Ext Counter, Mumbai doesn't end up at another location.
Format of the IFSC Code YESB0000406
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 Yes Bank Ltd Worli Oibc Ext Counter, Mumbai in Mumbai.
For example, the IFSC Code YESB0000406 of Yes Bank for the Yes Bank Ltd Worli Oibc Ext Counter, Mumbai 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 YESB0000406 of Yes Bank for its Yes Bank Ltd Worli Oibc Ext Counter, Mumbai branch located in Mumbai, the following methods can help:
Cheque Book
The cheque books that are issued by Yes Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Yes Bank branches in Mumbai and Worli Oibc Ext Counter, Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Yes Bank and find the branch locator section. Search for Yes Bank Ltd Worli Oibc Ext Counter, Mumbai or Mumbai to get the exact IFSC Code YESB0000406.
Mobile Banking App
If you use Yes Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Yes Bank and Mumbai that will provide accurate information.
How to Use IFSC Code YESB0000406 for Online Transfers?
Once you have the IFSC Code YESB0000406 for the Yes Bank Ltd Worli Oibc Ext Counter, Mumbai branch of Yes Bank in Mumbai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0000406. 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 YESB0000406.
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 Yes Bank Ltd Worli Oibc Ext Counter, Mumbai in Mumbai, it can 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 Yes Bank Ltd Worli Oibc Ext Counter, Mumbai, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0000406.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Abc,Lobby Level,Tower-1 One India Bulls Centre,Cs No.841 Jupiter Textiles Mill,Elphinstone Mumbai Maharashtra400013 located in Mumbai, Worli Oibc Ext Counter, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.