There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Yes Bank for its The Coop Bank Of Rajkot Gandhigram branch in Rajkot, Rajkot, Gujarat, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Yes Bank situated in Rajkot or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code YESB0RAJ002. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, The Coop Bank Of Rajkot Gandhigram, Rajkot

Here are some of the key details that come with the IFSC Code YESB0RAJ002 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 YESB0RAJ002
Branch The Coop Bank Of Rajkot Gandhigram
City Rajkot
District Rajkot
State Gujarat
Address Sahakar Dhara, Dharam Nagar Main Road, 150 Ft. Ring Road, Rajkot - 7

These details helps users in online banking and for businesses and individuals who use Yes Bank in Rajkot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0RAJ002 for the The Coop Bank Of Rajkot Gandhigram branch of Yes Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Yes Bank located in The Coop Bank Of Rajkot Gandhigram, Rajkot, Gujarat, is provided a unique IFSC like YESB0RAJ002 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Yes Bank branch in Rajkot.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Rajkot and Rajkot.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Yes Bank in The Coop Bank Of Rajkot Gandhigram do not get misguided to another person.

Format of the IFSC Code YESB0RAJ002

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 The Coop Bank Of Rajkot Gandhigram in Rajkot.

For example, the IFSC Code YESB0RAJ002 of Yes Bank for the The Coop Bank Of Rajkot Gandhigram 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 YESB0RAJ002 of Yes Bank for its The Coop Bank Of Rajkot Gandhigram 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

You can easily find the IFSC and MICR codes because most banks, including Yes Bank branches in Rajkot and Rajkot, 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 The Coop Bank Of Rajkot Gandhigram or Rajkot to get the exact IFSC Code YESB0RAJ002.

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 YESB0RAJ002 for Online Transfers?

If you have the IFSC Code YESB0RAJ002 for the The Coop Bank Of Rajkot Gandhigram branch of Yes Bank in Rajkot, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0RAJ002. Transfers are processed in batches. 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. Asks for the recipient's account details and Yes Bank IFSC Code YESB0RAJ002.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Yes Bank The Coop Bank Of Rajkot Gandhigram in Rajkot, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Yes Bank in The Coop Bank Of Rajkot Gandhigram, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Yes Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Rajkot manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in The Coop Bank Of Rajkot Gandhigram, Rajkot?

The IFSC Code is YESB0RAJ002.

Is the IFSC Code YESB0RAJ002 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 The Coop Bank Of Rajkot Gandhigram?

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 The Coop Bank Of Rajkot Gandhigram branch?

The address of the branch is Sahakar Dhara, Dharam Nagar Main Road, 150 Ft. Ring Road, Rajkot - 7 located in Rajkot, Rajkot, Gujarat.

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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