Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Yes Bank for its Mamasaheb Pawar Satyavijay Coop Bank Savalaj branch in Sangli, Savalaj, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Yes Bank located in Sangli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0MPSC06. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Yes Bank, Mamasaheb Pawar Satyavijay Coop Bank Savalaj, Sangli

Below in the table are the key details related to IFSC Code YESB0MPSC06 of Yes Bank for its branch located in Sangli, within the district of Savalaj in the state of Maharashtra.

Particulars Details
Bank Yes Bank
IFSC Code YESB0MPSC06
Branch Mamasaheb Pawar Satyavijay Coop Bank Savalaj
City Sangli
District Savalaj
State Maharashtra
Address Near St Stand Savalaj Tal Tasgaon Sangli 416311

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 YESB0MPSC06 for the Mamasaheb Pawar Satyavijay Coop Bank Savalaj 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, along with Yes Bank located in Mamasaheb Pawar Satyavijay Coop Bank Savalaj, Sangli, Maharashtra, are allotted a unique IFSC like YESB0MPSC06 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sangli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Sangli and Savalaj.
  • 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 Mamasaheb Pawar Satyavijay Coop Bank Savalaj reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code YESB0MPSC06

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 Mamasaheb Pawar Satyavijay Coop Bank Savalaj in Sangli.

For example, the IFSC Code YESB0MPSC06 of Yes Bank for the Mamasaheb Pawar Satyavijay Coop Bank Savalaj branch includes these elements, identifying the bank and the branch location in Sangli and Maharashtra accurately.

How to Find IFSC Code for Yes Bank?

If you are trying to find the IFSC Code YESB0MPSC06 of Yes Bank for its Mamasaheb Pawar Satyavijay Coop Bank Savalaj branch located in Sangli, 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 Sangli and Savalaj, 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 Mamasaheb Pawar Satyavijay Coop Bank Savalaj or Sangli to get the exact IFSC Code YESB0MPSC06.

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 Sangli, you'll get the correct details.

How to Use IFSC Code YESB0MPSC06 for Online Transfers?

Once you have the IFSC Code YESB0MPSC06 for the Mamasaheb Pawar Satyavijay Coop Bank Savalaj branch of Yes Bank in Sangli, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code YESB0MPSC06. 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 YESB0MPSC06.

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 Mamasaheb Pawar Satyavijay Coop Bank Savalaj in Sangli, 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 Mamasaheb Pawar Satyavijay Coop Bank Savalaj, 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 Sangli manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Yes Bank in Mamasaheb Pawar Satyavijay Coop Bank Savalaj, Sangli?

The IFSC Code is YESB0MPSC06.

Is the IFSC Code YESB0MPSC06 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 Mamasaheb Pawar Satyavijay Coop Bank Savalaj?

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 Mamasaheb Pawar Satyavijay Coop Bank Savalaj branch?

The address of the branch is Near St Stand Savalaj Tal Tasgaon Sangli 416311 located in Sangli, Savalaj, Maharashtra.

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.