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 Shree Dharati Coop Bank Mavdi Plot branch in Rajkot, Rajkot, Gujarat, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code YESB0SDB004. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Yes Bank, Shree Dharati Coop Bank Mavdi Plot, Rajkot
Here are the main details that are associated with the IFSC Code YESB0SDB004 of Yes Bank for its branch located in Rajkot, within the district of Rajkot in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0SDB004 |
| Branch | Shree Dharati Coop Bank Mavdi Plot |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Om Complex, Mavdi Main Road,Anand Bunglow Chowk, Rajkot - 360004 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Rajkot for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0SDB004 for the Shree Dharati Coop Bank Mavdi Plot 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 provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in Shree Dharati Coop Bank Mavdi Plot, Rajkot, Gujarat, is provided with a unique IFSC like YESB0SDB004 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Yes Bank branch in Rajkot.
- 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 Rajkot and Rajkot.
- 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Yes Bank in Shree Dharati Coop Bank Mavdi Plot do not get mixed with another location.
Format of the IFSC Code YESB0SDB004
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): 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 Shree Dharati Coop Bank Mavdi Plot in Rajkot.
For example, the IFSC Code YESB0SDB004 of Yes Bank for the Shree Dharati Coop Bank Mavdi Plot branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat accurately.
How to Find IFSC Code for Yes Bank?
If you are trying to find the IFSC Code YESB0SDB004 of Yes Bank for its Shree Dharati Coop Bank Mavdi Plot branch located in Rajkot, 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 Rajkot and Rajkot, 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 Shree Dharati Coop Bank Mavdi Plot or Rajkot to get the exact IFSC Code YESB0SDB004.
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 Rajkot, you'll get the correct details.
How to Use IFSC Code YESB0SDB004 for Online Transfers?
Once you have the IFSC Code YESB0SDB004 for the Shree Dharati Coop Bank Mavdi Plot branch of Yes Bank in Rajkot, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code YESB0SDB004. 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 YESB0SDB004.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Shree Dharati Coop Bank Mavdi Plot in Rajkot, 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 Shree Dharati Coop Bank Mavdi Plot, 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 Rajkot to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shree Dharati Coop Bank Mavdi Plot Rajkot branch is YESB0SDB004.
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 Om Complex, Mavdi Main Road,Anand Bunglow Chowk, Rajkot - 360004.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.