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 The Goa State Coop Bank Marcel branch in North Goa, Marcela, Goa, 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 North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code YESB0GSCB36. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, The Goa State Coop Bank Marcel, North Goa
Here are the key points that are associated with the IFSC Code YESB0GSCB36 of Yes Bank for its branch located in North Goa, within the district of Marcela in the state of Goa.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0GSCB36 |
| Branch | The Goa State Coop Bank Marcel |
| City | North Goa |
| District | Marcela |
| State | Goa |
| Address | Near Bus Stand, Marcela, Goa 403107 |
These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in North Goa for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0GSCB36 for the The Goa State Coop Bank Marcel branch of Yes Bank plays an important role.
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 YESB0GSCB36 is given to every bank branch, including Yes Bank located in The Goa State Coop Bank Marcel, North Goa, Goa, 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 Marcela.
- 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 Goa and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in The Goa State Coop Bank Marcel doesn't end up at another location.
Format of the IFSC Code YESB0GSCB36
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 The Goa State Coop Bank Marcel in North Goa.
For example, the IFSC Code YESB0GSCB36 of Yes Bank for the The Goa State Coop Bank Marcel 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 YESB0GSCB36 of Yes Bank for its The Goa State Coop Bank Marcel branch located in North Goa, the following methods can help:
Cheque Book
The cheque book issued by Yes Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Yes Bank branches in North Goa and Marcela, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Yes Bank and navigate to the branch locator section. Search for The Goa State Coop Bank Marcel or North Goa to get the exact IFSC Code YESB0GSCB36.
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 keeps an updated list of all IFSC codes. If you search for Yes Bank and North Goa, you'll get the correct details.
How to Use IFSC Code YESB0GSCB36 for Online Transfers?
Once you have the IFSC Code YESB0GSCB36 for the The Goa State Coop Bank Marcel 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 YESB0GSCB36. 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 YESB0GSCB36.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank The Goa State Coop Bank Marcel 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 are very different from IFSC codes. If you are looking for the MICR code of Yes Bank in The Goa State Coop Bank Marcel, 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 North Goa manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0GSCB36.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Near Bus Stand, Marcela, Goa 403107 located in North Goa, Marcela, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.