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 Runi branch in Patan, Runi, Gujarat, 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 Patan or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code YESB0001130. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Yes Bank, Runi, Patan
Here are some of the key details that come with the IFSC Code YESB0001130 of Yes Bank for its branch located in Patan, within the district of Runi in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0001130 |
| Branch | Runi |
| City | Patan |
| District | Runi |
| State | Gujarat |
| Address | Ground Floor, Plot No.7, Survey No.344, Runi, Tal. Patan, Dist. Patan, Gujarat 384 265 |
These details help users in online banking and for businesses and individuals who use Yes Bank in Patan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0001130 for the Runi 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 YESB0001130 is given to every bank branch, including Yes Bank located in Runi, Patan, Gujarat, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Patan.
- 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 Patan and Runi.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Runi doesn't end up at another location.
Format of the IFSC Code YESB0001130
This is the format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Yes Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Runi in Patan.
For example, the IFSC Code YESB0001130 of Yes Bank for the Runi branch includes these elements, identifying the bank and the branch location in Patan and Gujarat accurately.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0001130 of Yes Bank for its Runi branch located in Patan, 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 Patan and Runi, 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 Runi or Patan to get the exact IFSC Code YESB0001130.
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 Patan that will provide accurate information.
How to Use IFSC Code YESB0001130 for Online Transfers?
Once you have the IFSC Code YESB0001130 for the Runi branch of Yes Bank in Patan, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0001130. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 YESB0001130.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Runi in Patan, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Yes Bank in Runi, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Patan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Runi Patan branch is YESB0001130.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor, Plot No.7, Survey No.344, Runi, Tal. Patan, Dist. Patan, Gujarat 384 265.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.