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 Calangute, Goa branch in North Goa, Calangute, 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 YESB0000257. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, Calangute, Goa, North Goa
Below in the table are the key details related to IFSC Code YESB0000257 of Yes Bank for its branch located in North Goa, within the district of Calangute in the state of Goa.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000257 |
| Branch | Calangute, Goa |
| City | North Goa |
| District | Calangute |
| State | Goa |
| Address | Ground Floor,Shop No 3 And 4,Block, A-2,Hotel Dona Terezinha Gaura, Vaddo,Calangute,Bardez, Calangute, Goa-403516 |
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 YESB0000257 for the Calangute, Goa 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 provided by the Reserve Bank of India. Every bank branch, along with Yes Bank located in Calangute, Goa, North Goa, Goa, are given a unique IFSC like YESB0000257 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in North Goa.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like North Goa and Calangute.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Yes Bank in Calangute, Goa goes to the correct branch. This is important because Yes Bank has thousands of branches in Goa and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code YESB0000257
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 Calangute, Goa in North Goa.
For example, the IFSC Code YESB0000257 of Yes Bank for the Calangute, Goa branch has these elements, identifying the bank and the branch location in North Goa and Goa correctly.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0000257 of Yes Bank for its Calangute, Goa 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 Calangute, 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 Calangute, Goa or North Goa to get the exact IFSC Code YESB0000257.
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 YESB0000257 for Online Transfers?
Once you have the IFSC Code YESB0000257 for the Calangute, Goa 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 YESB0000257. 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 YESB0000257.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Calangute, Goa 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 Calangute, Goa, 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)
The IFSC Code is YESB0000257.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor,Shop No 3 And 4,Block, A-2,Hotel Dona Terezinha Gaura, Vaddo,Calangute,Bardez, Calangute, Goa-403516 located in North Goa, Calangute, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.