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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Yes Bank for its The Goa State Coop Bank Shiroda branch in North Goa, Shiroda, Goa, then this guide will give you detailed information.

The banking system has evolved significantly 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 YESB0GSCB41. 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, The Goa State Coop Bank Shiroda, North Goa

Here are the main details that are associated with the IFSC Code YESB0GSCB41 of Yes Bank for its branch located in North Goa, within the district of Shiroda in the state of Goa.

Particulars Details
Bank Yes Bank
IFSC Code YESB0GSCB41
Branch The Goa State Coop Bank Shiroda
City North Goa
District Shiroda
State Goa
Address Kamakshi School Complex, Shiroda, Goa - 403103

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 YESB0GSCB41 for the The Goa State Coop Bank Shiroda 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 The Goa State Coop Bank Shiroda, North Goa, Goa, are allotted a unique IFSC like YESB0GSCB41 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 confusion between different branches of the same bank in places like North Goa and Shiroda.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Yes Bank in The Goa State Coop Bank Shiroda reaches the right place, even though there are thousands of branches in Goa and across India.

Format of the IFSC Code YESB0GSCB41

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 Shiroda in North Goa.

For example, the IFSC Code YESB0GSCB41 of Yes Bank for the The Goa State Coop Bank Shiroda 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 YESB0GSCB41 of Yes Bank for its The Goa State Coop Bank Shiroda 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 Shiroda, 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 The Goa State Coop Bank Shiroda or North Goa to get the exact IFSC Code YESB0GSCB41.

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 YESB0GSCB41 for Online Transfers?

Once you have the IFSC Code YESB0GSCB41 for the The Goa State Coop Bank Shiroda 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 YESB0GSCB41. 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 YESB0GSCB41.

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 Shiroda 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 Shiroda, 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 Shiroda, North Goa?

The IFSC Code is YESB0GSCB41.

Is the IFSC Code YESB0GSCB41 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 The Goa State Coop Bank Shiroda?

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 The Goa State Coop Bank Shiroda branch?

The address of the branch is Kamakshi School Complex, Shiroda, Goa - 403103 located in North Goa, Shiroda, 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.