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 Shivaji Nagar, Pune branch in Pune, Pune, Maharashtra, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0000008. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Shivaji Nagar, Pune, Pune
Here are the main details that are associated with the IFSC Code YESB0000008 of Yes Bank for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000008 |
| Branch | Shivaji Nagar, Pune |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Shop No 1,Ivory Tower,C T S.No.39-6-39-7 Out Of Final Plot No 36,Plot No 6,7 Prabhat Road,Eradawane,Pune,Maharashtra 411004 |
These details help users in online banking and for businesses and individuals who use Yes Bank in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000008 for the Shivaji Nagar, Pune 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 provided by the Reserve Bank of India. Every bank branch, along with Yes Bank located in Shivaji Nagar, Pune, Pune, Maharashtra, are allotted a unique IFSC like YESB0000008 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pune.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Pune and Pune.
- 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 Shivaji Nagar, Pune reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code YESB0000008
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 Shivaji Nagar, Pune in Pune.
For example, the IFSC Code YESB0000008 of Yes Bank for the Shivaji Nagar, Pune branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0000008 of Yes Bank for its Shivaji Nagar, Pune branch located in Pune, 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 Pune and Pune, 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 Shivaji Nagar, Pune or Pune to get the exact IFSC Code YESB0000008.
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 Pune, you'll get the correct details.
How to Use IFSC Code YESB0000008 for Online Transfers?
If you have the IFSC Code YESB0000008 for the Shivaji Nagar, Pune branch of Yes Bank in Pune, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0000008. Transfers are processed in batches. 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. Asks for the recipient's account details and Yes Bank IFSC Code YESB0000008.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Yes Bank Shivaji Nagar, Pune in Pune, it may result in delayed or failed transactions.
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 Shivaji Nagar, Pune, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Pune to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0000008.
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 Shop No 1,Ivory Tower,C T S.No.39-6-39-7 Out Of Final Plot No 36,Plot No 6,7 Prabhat Road,Eradawane,Pune,Maharashtra 411004 located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.