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 Shrikrishna Coop Bank Ltd Bhiwapur branch in Nagpur, Bhiwapur, 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 Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0SB3703. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Shrikrishna Coop Bank Ltd Bhiwapur, Nagpur

Below in the table are the key details related to IFSC Code YESB0SB3703 of Yes Bank for its branch located in Nagpur, within the district of Bhiwapur in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0SB3703
Branch Shrikrishna Coop Bank Ltd Bhiwapur
City Nagpur
District Bhiwapur
State Maharashtra
Address Gaurishankar Gupta Complex, Main Road, Bhiwapur-441201

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Nagpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0SB3703 for the Shrikrishna Coop Bank Ltd Bhiwapur branch of Yes Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in Shrikrishna Coop Bank Ltd Bhiwapur, Nagpur, Maharashtra, is provided a unique IFSC like YESB0SB3703 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Yes Bank branch in Nagpur.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Nagpur and Bhiwapur.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in Shrikrishna Coop Bank Ltd Bhiwapur do not get misguided to another person.

Format of the IFSC Code YESB0SB3703

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 Shrikrishna Coop Bank Ltd Bhiwapur in Nagpur.

For example, the IFSC Code YESB0SB3703 of Yes Bank for the Shrikrishna Coop Bank Ltd Bhiwapur branch has these elements, identifying the bank and the branch location in Nagpur and Maharashtra correctly.

How to Find IFSC Code for Yes Bank?

If you are looking for the IFSC Code YESB0SB3703 of Yes Bank for its Shrikrishna Coop Bank Ltd Bhiwapur branch located in Nagpur, the following methods can help:

Cheque Book

The cheque book that is issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Yes Bank branches in Nagpur and Bhiwapur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Yes Bank and look for the branch locator section, then search for Shrikrishna Coop Bank Ltd Bhiwapur or Nagpur to get the exact IFSC Code YESB0SB3703.

Mobile Banking App

If you use Yes Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Yes Bank and Nagpur, then it will provide you proper information.

How to Use IFSC Code YESB0SB3703 for Online Transfers?

Once you have the IFSC Code YESB0SB3703 for the Shrikrishna Coop Bank Ltd Bhiwapur branch of Yes Bank in Nagpur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0SB3703. 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 YESB0SB3703.

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 Shrikrishna Coop Bank Ltd Bhiwapur in Nagpur, 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 Shrikrishna Coop Bank Ltd Bhiwapur, 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 Nagpur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Shrikrishna Coop Bank Ltd Bhiwapur, Nagpur?

The IFSC Code is YESB0SB3703.

Is the IFSC Code YESB0SB3703 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 Shrikrishna Coop Bank Ltd Bhiwapur?

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 Shrikrishna Coop Bank Ltd Bhiwapur branch?

The address of the branch is Gaurishankar Gupta Complex, Main Road, Bhiwapur-441201 located in Nagpur, Bhiwapur, 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.