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IFSC Code of Yes Bank, The Goa State Coop Bank Sankhali, Bicholim, Goa — YESB0GSCB09

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 Sankhali branch in North Goa, Bicholim, 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 YESB0GSCB09. 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 Sankhali, North Goa

Here are some of the key details that come with the IFSC Code YESB0GSCB09 of Yes Bank for its branch located in North Goa, within the district of Bicholim in the state of Goa.

Particulars Details
Bank Yes Bank
IFSC Code YESB0GSCB09
Branch The Goa State Coop Bank Sankhali
City North Goa
District Bicholim
State Goa
Address 1St Floor, "Sankhali Shopping Centre", Opp. Kadamba Stand, Sankhali, Goa - 403505

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 YESB0GSCB09 for the The Goa State Coop Bank Sankhali 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, including Yes Bank located in The Goa State Coop Bank Sankhali, North Goa, Goa, is provided with a unique IFSC like YESB0GSCB09 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 Bicholim.
  • 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 The Goa State Coop Bank Sankhali do not get mixed with another location.

Format of the IFSC Code YESB0GSCB09

The format of the IFSC Code for banks, including Yes Bank, has 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 Sankhali in North Goa.

For example, the IFSC Code YESB0GSCB09 of Yes Bank for the The Goa State Coop Bank Sankhali branch includes 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 YESB0GSCB09 of Yes Bank for its The Goa State Coop Bank Sankhali 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 Bicholim, 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 Sankhali or North Goa to get the exact IFSC Code YESB0GSCB09.

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 YESB0GSCB09 for Online Transfers?

Once you have the IFSC Code YESB0GSCB09 for the The Goa State Coop Bank Sankhali 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 YESB0GSCB09. 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 YESB0GSCB09.

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 The Goa State Coop Bank Sankhali in North Goa, it can result in delayed or failed transactions.

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 Sankhali, 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)

What is the IFSC Code of Yes Bank in The Goa State Coop Bank Sankhali, North Goa?

The IFSC Code is YESB0GSCB09.

Is the IFSC Code YESB0GSCB09 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Yes Bank The Goa State Coop Bank Sankhali?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the The Goa State Coop Bank Sankhali branch?

The address of the branch is 1St Floor, "Sankhali Shopping Centre", Opp. Kadamba Stand, Sankhali, Goa - 403505 located in North Goa, Bicholim, 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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