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 Appasaheb Birnale Sahakari Bank Ltd Dudhgaon branch in Sangli, Dudhgaon, Maharashtra, 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 Sangli or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code YESB0ABSB01. 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, Appasaheb Birnale Sahakari Bank Ltd Dudhgaon, Sangli

The table below shows the main details of the IFSC Code YESB0ABSB01 for the Yes Bank branch in Sangli, which falls under the Dudhgaon district in Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0ABSB01
Branch Appasaheb Birnale Sahakari Bank Ltd Dudhgaon
City Sangli
District Dudhgaon
State Maharashtra
Address Dudhgaon,Taluka-Miraj,Dist-Sangli-416 315

These details are crucial, not just for online banking users but also for businesses and individuals who use Yes Bank in Sangli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0ABSB01 for the Appasaheb Birnale Sahakari Bank Ltd Dudhgaon 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 YESB0ABSB01 is given to every bank branch, including Yes Bank located in Appasaheb Birnale Sahakari Bank Ltd Dudhgaon, Sangli, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Yes Bank branch in Sangli.
  • 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 Sangli and Dudhgaon.
  • 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Yes Bank in Appasaheb Birnale Sahakari Bank Ltd Dudhgaon doesn't end up at another location.

Format of the IFSC Code YESB0ABSB01

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 Appasaheb Birnale Sahakari Bank Ltd Dudhgaon in Sangli.

For example, the IFSC Code YESB0ABSB01 of Yes Bank for the Appasaheb Birnale Sahakari Bank Ltd Dudhgaon branch includes these elements, identifying the bank and the branch location in Sangli and Maharashtra accurately.

How to Find IFSC Code for Yes Bank?

To find the IFSC Code YESB0ABSB01 of Yes Bank for its Appasaheb Birnale Sahakari Bank Ltd Dudhgaon branch located in Sangli, the following methods can help you out:

Cheque Book

The cheque book issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Yes Bank branches in Sangli and Dudhgaon, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Yes Bank and go to the branch locator section. Then search for Appasaheb Birnale Sahakari Bank Ltd Dudhgaon or Sangli to find the exact IFSC Code YESB0ABSB01.

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 maintains an updated database of all IFSC codes. Searching for Yes Bank and Sangli will provide accurate information.

How to Use IFSC Code YESB0ABSB01 for Online Transfers?

Once you have the IFSC Code YESB0ABSB01 for the Appasaheb Birnale Sahakari Bank Ltd Dudhgaon branch of Yes Bank in Sangli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code YESB0ABSB01. 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 YESB0ABSB01.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Yes Bank Appasaheb Birnale Sahakari Bank Ltd Dudhgaon in Sangli, 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 Appasaheb Birnale Sahakari Bank Ltd Dudhgaon, 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 Sangli to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank Appasaheb Birnale Sahakari Bank Ltd Dudhgaon Sangli?

The IFSC Code of the Appasaheb Birnale Sahakari Bank Ltd Dudhgaon Sangli branch is YESB0ABSB01.

Is IFSC Code YESB0ABSB01 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Yes Bank Appasaheb Birnale Sahakari Bank Ltd Dudhgaon branch?

The branch is located at Dudhgaon,Taluka-Miraj,Dist-Sangli-416 315.

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.