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 Neermanvi, Karnataka branch in Raichur, Manvi, Karnataka, 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 Raichur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code YESB0000889. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Neermanvi, Karnataka, Raichur
The table below shows the main details of the IFSC Code YESB0000889 for the Yes Bank branch in Raichur, which falls under the Manvi district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0000889 |
| Branch | Neermanvi, Karnataka |
| City | Raichur |
| District | Manvi |
| State | Karnataka |
| Address | Gr Flr,No.4/400,Shree Sugureshwara Nilaya,Sindhanur Rd,Neermanvi,Manvi,Raichur,Ka,584118 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Raichur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0000889 for the Neermanvi, Karnataka branch of Yes Bank has an 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 YESB0000889 is given to every bank branch, including Yes Bank located in Neermanvi, Karnataka, Raichur, Karnataka, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Raichur.
- 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 Raichur and Manvi.
- 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Neermanvi, Karnataka doesn't end up at another location.
Format of the IFSC Code YESB0000889
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 Neermanvi, Karnataka in Raichur.
For example, the IFSC Code YESB0000889 of Yes Bank for the Neermanvi, Karnataka branch has these elements, identifying the bank and the branch location in Raichur and Karnataka correctly.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0000889 of Yes Bank for its Neermanvi, Karnataka branch located in Raichur, 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 Raichur and Manvi, 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 Neermanvi, Karnataka or Raichur to get the exact IFSC Code YESB0000889.
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 Raichur, you'll get the correct details.
How to Use IFSC Code YESB0000889 for Online Transfers?
Once you have the IFSC Code YESB0000889 for the Neermanvi, Karnataka branch of Yes Bank in Raichur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0000889. The transfer is completed in batches instead of instantly. It is useful for both 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 YESB0000889.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Neermanvi, Karnataka in Raichur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Yes Bank in Neermanvi, Karnataka, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Raichur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is YESB0000889.
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 Gr Flr,No.4/400,Shree Sugureshwara Nilaya,Sindhanur Rd,Neermanvi,Manvi,Raichur,Ka,584118 located in Raichur, Manvi, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.