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 Tagore Nagar, Raipur branch in Raipur, Raipur, Chhattisgarh, 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 Raipur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code YESB0001299. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Tagore Nagar, Raipur, Raipur
Here are some of the key details that come with the IFSC Code YESB0001299 of Yes Bank for its branch located in Raipur, within the district of Raipur in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0001299 |
| Branch | Tagore Nagar, Raipur |
| City | Raipur |
| District | Raipur |
| State | Chhattisgarh |
| Address | Ground Floor, Pujari Complex Building, A Shop No.3,4 & 7 Tagore Nagar, Pachpedi Naka, Raipur, Chhattisgarh 492001 |
These details help users in online banking and for businesses and individuals who use Yes Bank in Raipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0001299 for the Tagore Nagar, Raipur 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 Tagore Nagar, Raipur, Raipur, Chhattisgarh, are allotted a unique IFSC like YESB0001299 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raipur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Raipur and Raipur.
- 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 Tagore Nagar, Raipur reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.
Format of the IFSC Code YESB0001299
This is the format of the IFSC Code for banks, including Yes Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Yes Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Tagore Nagar, Raipur in Raipur.
For example, the IFSC Code YESB0001299 of Yes Bank for the Tagore Nagar, Raipur branch includes these elements, identifying the bank and the branch location in Raipur and Chhattisgarh accurately.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0001299 of Yes Bank for its Tagore Nagar, Raipur branch located in Raipur, the following methods can help:
Cheque Book
The cheque books that are issued by Yes Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Yes Bank branches in Raipur and Raipur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Yes Bank and find the branch locator section. Search for Tagore Nagar, Raipur or Raipur to get the exact IFSC Code YESB0001299.
Mobile Banking App
If you use Yes Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Yes Bank and Raipur that will provide accurate information.
How to Use IFSC Code YESB0001299 for Online Transfers?
Once you have the IFSC Code YESB0001299 for the Tagore Nagar, Raipur branch of Yes Bank in Raipur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0001299. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 YESB0001299.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Tagore Nagar, Raipur in Raipur, your payment can get delayed or might not go through at all.
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 Tagore Nagar, Raipur, 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 Raipur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Tagore Nagar, Raipur Raipur branch is YESB0001299.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor, Pujari Complex Building, A Shop No.3,4 & 7 Tagore Nagar, Pachpedi Naka, Raipur, Chhattisgarh 492001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.