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 Hcbl Coop Bank Raebareli branch in Rai Bareli, Rae Bareli, Uttar Pradesh, 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 Rai Bareli or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code YESB0HCBL16. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Hcbl Coop Bank Raebareli, Rai Bareli

Below in the table are the key details related to IFSC Code YESB0HCBL16 of Yes Bank for its branch located in Rai Bareli, within the district of Rae Bareli in the state of Uttar Pradesh.

Particulars Details
Bank Yes Bank
IFSC Code YESB0HCBL16
Branch Hcbl Coop Bank Raebareli
City Rai Bareli
District Rae Bareli
State Uttar Pradesh
Address 128, Chauhan Market, Kaiperganj, Raebareli - 229001

These details help users in online banking and for businesses and individuals who use Yes Bank in Rai Bareli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0HCBL16 for the Hcbl Coop Bank Raebareli 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 Hcbl Coop Bank Raebareli, Rai Bareli, Uttar Pradesh, are allotted a unique IFSC like YESB0HCBL16 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rai Bareli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Rai Bareli and Rae Bareli.
  • 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 Hcbl Coop Bank Raebareli reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.

Format of the IFSC Code YESB0HCBL16

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 Hcbl Coop Bank Raebareli in Rai Bareli.

For example, the IFSC Code YESB0HCBL16 of Yes Bank for the Hcbl Coop Bank Raebareli branch includes these elements, identifying the bank and the branch location in Rai Bareli and Uttar Pradesh correctly.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0HCBL16 of Yes Bank for its Hcbl Coop Bank Raebareli branch located in Rai Bareli, 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 Rai Bareli and Rae Bareli, 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 Hcbl Coop Bank Raebareli or Rai Bareli to get the exact IFSC Code YESB0HCBL16.

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 Rai Bareli, you'll get the correct details.

How to Use IFSC Code YESB0HCBL16 for Online Transfers?

Once you have the IFSC Code YESB0HCBL16 for the Hcbl Coop Bank Raebareli branch of Yes Bank in Rai Bareli, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0HCBL16. 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 YESB0HCBL16.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank Hcbl Coop Bank Raebareli in Rai Bareli 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 Hcbl Coop Bank Raebareli, 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 Rai Bareli manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Hcbl Coop Bank Raebareli, Rai Bareli?

The IFSC Code is YESB0HCBL16.

Is the IFSC Code YESB0HCBL16 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 Hcbl Coop Bank Raebareli?

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 Hcbl Coop Bank Raebareli branch?

The address of the branch is 128, Chauhan Market, Kaiperganj, Raebareli - 229001 located in Rai Bareli, Rae Bareli, Uttar Pradesh.

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.