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IFSC Code of Yes Bank, Bicholim Urban Cooperative Bank Patto, Panaji, Goa — YESB0BLC006

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Yes Bank for its Bicholim Urban Cooperative Bank Patto branch in North Goa, Panaji, or Goa, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Yes Bank located in North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code YESB0BLC006. 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, Bicholim Urban Cooperative Bank Patto, North Goa

Here are the key points that are associated with the IFSC Code YESB0BLC006 of Yes Bank for its branch located in North Goa, within the district of Panaji in the state of Goa.

Particulars Details
Bank Yes Bank
IFSC Code YESB0BLC006
Branch Bicholim Urban Cooperative Bank Patto
City North Goa
District Panaji
State Goa
Address Iyener,Edomplex,Panajipaoplaza,Pao,Panaji,Goa.403001

These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in North Goa for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0BLC006 for the Bicholim Urban Cooperative Bank Patto branch of Yes Bank has 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 Bicholim Urban Cooperative Bank Patto, North Goa, Goa, is provided with a unique IFSC like YESB0BLC006 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in North Goa.
  • 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 North Goa and Panaji.
  • 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 Goa and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Bicholim Urban Cooperative Bank Patto do not get mixed with another location.

Format of the IFSC Code YESB0BLC006

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 Bicholim Urban Cooperative Bank Patto in North Goa.

For example, the IFSC Code YESB0BLC006 of Yes Bank for the Bicholim Urban Cooperative Bank Patto 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?

To find the IFSC Code YESB0BLC006 of Yes Bank for its Bicholim Urban Cooperative Bank Patto branch located in North Goa, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Yes Bank and go to the branch locator section. Then search for Bicholim Urban Cooperative Bank Patto or North Goa to find the exact IFSC Code YESB0BLC006.

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 maintains an updated database of all IFSC codes. Searching for Yes Bank and North Goa will provide accurate information.

How to Use IFSC Code YESB0BLC006 for Online Transfers?

Once you have the IFSC Code YESB0BLC006 for the Bicholim Urban Cooperative Bank Patto branch of Yes Bank in North Goa, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0BLC006. The transfer is completed in batches instead of instantly. It is useful for both 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 YESB0BLC006.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Bicholim Urban Cooperative Bank Patto in North Goa, your payment can get delayed or might not go through at all.

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 Patto, 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 North Goa manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is YESB0BLC006.

Is the IFSC Code YESB0BLC006 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 Patto?

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 Patto branch?

The address of the branch is Iyener,Edomplex,Panajipaoplaza,Pao,Panaji,Goa.403001 located in North Goa, Panaji, 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.

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