There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Yes Bank for its Brahmadeodada Bank Mangarul branch in Osmanabad, Mangrul-Teh.Kalamb, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Yes Bank situated in Osmanabad or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code YESB0BMSB14. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Brahmadeodada Bank Mangarul, Osmanabad

Here are some of the key details that come with the IFSC Code YESB0BMSB14 of Yes Bank for its branch located in Osmanabad, within the district of Mangrul-Teh.Kalamb in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0BMSB14
Branch Brahmadeodada Bank Mangarul
City Osmanabad
District Mangrul-Teh.Kalamb
State Maharashtra
Address Kancheshwar Sugar Mill Mangarul Osmanabad 413616

These details help users in online banking and for businesses and individuals who use Yes Bank in Osmanabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0BMSB14 for the Brahmadeodada Bank Mangarul branch of Yes Bank has a very 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 YESB0BMSB14 is given to every bank branch, including Yes Bank located in Brahmadeodada Bank Mangarul, Osmanabad, 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 Osmanabad.
  • 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 Osmanabad and Mangrul-Teh.Kalamb.
  • 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 Brahmadeodada Bank Mangarul doesn't end up at another location.

Format of the IFSC Code YESB0BMSB14

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 Brahmadeodada Bank Mangarul in Osmanabad.

For example, the IFSC Code YESB0BMSB14 of Yes Bank for the Brahmadeodada Bank Mangarul branch includes these elements, identifying the bank and the branch location in Osmanabad and Maharashtra correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0BMSB14 of Yes Bank for its Brahmadeodada Bank Mangarul branch located in Osmanabad, 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

You can easily find the IFSC and MICR codes because most banks, including Yes Bank branches in Osmanabad and Mangrul-Teh.Kalamb, print them 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 Brahmadeodada Bank Mangarul or Osmanabad to get the exact IFSC Code YESB0BMSB14.

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 Osmanabad, you'll get the correct details.

How to Use IFSC Code YESB0BMSB14 for Online Transfers?

Once you have the IFSC Code YESB0BMSB14 for the Brahmadeodada Bank Mangarul branch of Yes Bank in Osmanabad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0BMSB14. Transfers are processed in batches. This is suitable for 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 YESB0BMSB14.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Brahmadeodada Bank Mangarul in Osmanabad may 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 Brahmadeodada Bank Mangarul, 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 Osmanabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Brahmadeodada Bank Mangarul, Osmanabad?

The IFSC Code is YESB0BMSB14.

Is the IFSC Code YESB0BMSB14 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 Brahmadeodada Bank Mangarul?

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 Brahmadeodada Bank Mangarul branch?

The address of the branch is Kancheshwar Sugar Mill Mangarul Osmanabad 413616 located in Osmanabad, Mangrul-Teh.Kalamb, Maharashtra.

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.