For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Yes Bank for its Bicholim Urban Cooperative Bank Bamboli branch in North Goa, Bamboli, Goa, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Yes Bank located in North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code YESB0BLC013. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Bicholim Urban Cooperative Bank Bamboli, North Goa

Below in the table are the key details related to IFSC Code YESB0BLC013 of Yes Bank for its branch located in North Goa, within the district of Bamboli in the state of Goa.

Particulars Details
Bank Yes Bank
IFSC Code YESB0BLC013
Branch Bicholim Urban Cooperative Bank Bamboli
City North Goa
District Bamboli
State Goa
Address C/O Dr.Hedgewar Shikshan Prasarak Mandal,Cujira,Bambolim,Goa.403202

These details are important not only for users using online banking but also for businesses and individuals who use Yes Bank in North Goa for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code YESB0BLC013 for the Bicholim Urban Cooperative Bank Bamboli branch of Yes Bank is vital.

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 Bicholim Urban Cooperative Bank Bamboli, North Goa, Goa, is provided a unique IFSC like YESB0BLC013 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Yes Bank branch in North Goa.
  • 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 North Goa and Bamboli.
  • 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 Goa and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in Bicholim Urban Cooperative Bank Bamboli do not get misguided to another person.

Format of the IFSC Code YESB0BLC013

This is the format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Yes Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bicholim Urban Cooperative Bank Bamboli in North Goa.

For example, the IFSC Code YESB0BLC013 of Yes Bank for the Bicholim Urban Cooperative Bank Bamboli branch includes these elements, identifying the bank and the branch location in North Goa and Goa accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0BLC013 of Yes Bank for its Bicholim Urban Cooperative Bank Bamboli branch located in North Goa, 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 North Goa and Bamboli, 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 Bicholim Urban Cooperative Bank Bamboli or North Goa to get the exact IFSC Code YESB0BLC013.

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 North Goa that will provide accurate information.

How to Use IFSC Code YESB0BLC013 for Online Transfers?

Once you have the IFSC Code YESB0BLC013 for the Bicholim Urban Cooperative Bank Bamboli branch of Yes Bank in North Goa, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0BLC013. 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 YESB0BLC013.

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 Bicholim Urban Cooperative Bank Bamboli in North Goa, 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 Bicholim Urban Cooperative Bank Bamboli, 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 North Goa to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Bicholim Urban Cooperative Bank Bamboli, North Goa?

The IFSC Code is YESB0BLC013.

Is the IFSC Code YESB0BLC013 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 Bicholim Urban Cooperative Bank Bamboli?

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 Bicholim Urban Cooperative Bank Bamboli branch?

The address of the branch is C/O Dr.Hedgewar Shikshan Prasarak Mandal,Cujira,Bambolim,Goa.403202 located in North Goa, Bamboli, Goa.

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.