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IFSC Code of Yes Bank, Raichur, Karnataka, Raichur, Karnataka — YESB0001079

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 Raichur, Karnataka branch in Raichur, Raichur, 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 YESB0001079. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Yes Bank, Raichur, Karnataka, Raichur

Here are the main details that are associated with the IFSC Code YESB0001079 of Yes Bank for its branch located in Raichur, within the district of Raichur in the state of Karnataka.

Particulars Details
Bank Yes Bank
IFSC Code YESB0001079
Branch Raichur, Karnataka
City Raichur
District Raichur
State Karnataka
Address Yes Bank Ltd. Ground Floor, Municipal New No. 12-10-88, Raichur _X0013_ Lingsugur Road, Raichur _X0013_ 584101, Karnataka

These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Raichur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0001079 for the Raichur, Karnataka branch of Yes Bank plays an 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, including Yes Bank located in Raichur, Karnataka, Raichur, Karnataka, is provided with a unique IFSC like YESB0001079 to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Raichur and Raichur.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Raichur, Karnataka do not get mixed with another location.

Format of the IFSC Code YESB0001079

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Yes Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Raichur, Karnataka in Raichur.

For example, the IFSC Code YESB0001079 of Yes Bank for the Raichur, Karnataka branch includes these elements, identifying the bank and the branch location in Raichur and Karnataka accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0001079 of Yes Bank for its Raichur, 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 Raichur, 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 Raichur, Karnataka or Raichur to get the exact IFSC Code YESB0001079.

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 YESB0001079 for Online Transfers?

Once you have the IFSC Code YESB0001079 for the Raichur, Karnataka branch of Yes Bank in Raichur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0001079. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Yes Bank IFSC Code YESB0001079.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Yes Bank Raichur, Karnataka in Raichur, it can result in delayed or failed transactions.

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 Raichur, 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)

What is the IFSC Code of Yes Bank in Raichur, Karnataka, Raichur?

The IFSC Code is YESB0001079.

Is the IFSC Code YESB0001079 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 Raichur, Karnataka?

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 Raichur, Karnataka branch?

The address of the branch is Yes Bank Ltd. Ground Floor, Municipal New No. 12-10-88, Raichur _X0013_ Lingsugur Road, Raichur _X0013_ 584101, Karnataka located in Raichur, Raichur, Karnataka.

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.

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