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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Yes Bank for its The Motihari Central Coop Bank Ltd branch in Purbi Champaran, Motihari, or Bihar, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Yes Bank located in Purbi Champaran or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code YESB0MOCB01. 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 Motihari Central Coop Bank Ltd, Purbi Champaran

Here are the key points that are associated with the IFSC Code YESB0MOCB01 of Yes Bank for its branch located in Purbi Champaran, within the district of Motihari in the state of Bihar.

Particulars Details
Bank Yes Bank
IFSC Code YESB0MOCB01
Branch The Motihari Central Coop Bank Ltd
City Purbi Champaran
District Motihari
State Bihar
Address Bank Road, Bhawanipur Zirat, Motihari - 845401

These details helps users in online banking and for businesses and individuals who use Yes Bank in Purbi Champaran for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0MOCB01 for the The Motihari Central Coop Bank Ltd branch of Yes Bank plays a vital 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 The Motihari Central Coop Bank Ltd, Purbi Champaran, Bihar, are allotted a unique IFSC like YESB0MOCB01 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Purbi Champaran.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Purbi Champaran and Motihari.
  • 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 Motihari Central Coop Bank Ltd reaches the right place, even though there are thousands of branches in Bihar and across India.

Format of the IFSC Code YESB0MOCB01

The format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Yes Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like The Motihari Central Coop Bank Ltd in Purbi Champaran.

For example, the IFSC Code YESB0MOCB01 of Yes Bank for the The Motihari Central Coop Bank Ltd branch has these elements, identifying the bank and the branch location in Purbi Champaran and Bihar correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0MOCB01 of Yes Bank for its The Motihari Central Coop Bank Ltd branch located in Purbi Champaran, 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 Purbi Champaran and Motihari, 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 Motihari Central Coop Bank Ltd or Purbi Champaran to get the exact IFSC Code YESB0MOCB01.

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 Purbi Champaran, you'll get the correct details.

How to Use IFSC Code YESB0MOCB01 for Online Transfers?

Once you have the IFSC Code YESB0MOCB01 for the The Motihari Central Coop Bank Ltd branch of Yes Bank in Purbi Champaran, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0MOCB01. 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 YESB0MOCB01.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank The Motihari Central Coop Bank Ltd in Purbi Champaran 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 The Motihari Central Coop Bank Ltd, 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 Purbi Champaran manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in The Motihari Central Coop Bank Ltd, Purbi Champaran?

The IFSC Code is YESB0MOCB01.

Is the IFSC Code YESB0MOCB01 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 Motihari Central Coop Bank Ltd?

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 Motihari Central Coop Bank Ltd branch?

The address of the branch is Bank Road, Bhawanipur Zirat, Motihari - 845401 located in Purbi Champaran, Motihari, Bihar.

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.