IFSC Code of Yes Bank, Ghodbunderroad,Thane, Thane, Maharashtra — YESB0000416

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 Ghodbunderroad,Thane branch in North Goa, Thane, Maharashtra, 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 Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0000416. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Ghodbunderroad,Thane, North Goa

Below in the table are the key details related to IFSC Code YESB0000416 of Yes Bank for its branch located in North Goa, within the district of Thane in the state of Maharashtra.

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 YESB0000416 for the Ghodbunderroad,Thane 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 YESB0000416 is given to every bank branch, including Yes Bank located in Ghodbunderroad,Thane, North Goa, 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 North Goa.
• 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 North Goa and Thane.
• 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 Ghodbunderroad,Thane doesn't end up at another location.

Format of the IFSC Code YESB0000416

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 Ghodbunderroad,Thane in North Goa.

For example, the IFSC Code YESB0000416 of Yes Bank for the Ghodbunderroad,Thane branch includes these elements, identifying the bank and the branch location in North Goa and Maharashtra accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0000416 of Yes Bank for its Ghodbunderroad,Thane 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 Thane, 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 Ghodbunderroad,Thane or North Goa to get the exact IFSC Code YESB0000416.

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 YESB0000416 for Online Transfers?

Once you have the IFSC Code YESB0000416 for the Ghodbunderroad,Thane 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 YESB0000416. 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 YESB0000416.

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 Ghodbunderroad,Thane in North Goa, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Yes Bank in Ghodbunderroad,Thane, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Yes Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in North Goa manage online transfers as well as cheque clearances with ease.