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 The Satara Sahakari Bank Karad branch in Satara, Karad, 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 Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code YESB0TSSB19. 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, The Satara Sahakari Bank Karad, Satara
Here are some of the key details that come with the IFSC Code YESB0TSSB19 of Yes Bank for its branch located in Satara, within the district of Karad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Yes Bank |
| IFSC Code | YESB0TSSB19 |
| Branch | The Satara Sahakari Bank Karad |
| City | Satara |
| District | Karad |
| State | Maharashtra |
| Address | Morya Arcade, Talbhag, Karad, Satara 415110 |
These details are essential not only for online banking users but also for businesses and individuals who use Yes Bank in Satara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code YESB0TSSB19 for the The Satara Sahakari Bank Karad branch of Yes Bank plays 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 The Satara Sahakari Bank Karad, Satara, Maharashtra, are allotted a unique IFSC like YESB0TSSB19 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Satara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Satara and Karad.
- 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 The Satara Sahakari Bank Karad reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code YESB0TSSB19
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 The Satara Sahakari Bank Karad in Satara.
For example, the IFSC Code YESB0TSSB19 of Yes Bank for the The Satara Sahakari Bank Karad branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra accurately.
How to Find IFSC Code for Yes Bank?
If you are looking for the IFSC Code YESB0TSSB19 of Yes Bank for its The Satara Sahakari Bank Karad branch located in Satara, the following methods can help:
Cheque Book
The cheque book that is issued by Yes Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Yes Bank branches in Satara and Karad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Yes Bank and look for the branch locator section, then search for The Satara Sahakari Bank Karad or Satara to get the exact IFSC Code YESB0TSSB19.
Mobile Banking App
If you use Yes Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Yes Bank and Satara, then it will provide you proper information.
How to Use IFSC Code YESB0TSSB19 for Online Transfers?
Once you have the IFSC Code YESB0TSSB19 for the The Satara Sahakari Bank Karad branch of Yes Bank in Satara, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code YESB0TSSB19. Transfers are processed in batches. This is 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. Requires the recipient's account details and Yes Bank IFSC Code YESB0TSSB19.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Yes Bank The Satara Sahakari Bank Karad in Satara 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 Satara Sahakari Bank Karad, 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 Satara manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the The Satara Sahakari Bank Karad Satara branch is YESB0TSSB19.
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 Morya Arcade, Talbhag, Karad, Satara 415110.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.